Key Market Information Gap on May 28th, a Must-See! | Alpha Morning Report

Editor's Picks

Editor's Picks

1.A Whale Once Again Increases Holding of $10 Million Worth of AAVE, Total Position Shows Nearly $30 Million Unrealized Gain

2.SEC "Initiates Further Review Process" for WisdomTree's XRP Spot ETF

3.Bitcoin 2025 Conference Officially Kicks Off, Trump's Son and David Sacks Deliver Opening Day Keynotes

4.Circle Acquires RWA Issuer Hashnote for Around $99.8 Million

5.Metaplanet's Stock Price Surges Over 20% in the Past 5 Days, Market Cap Reaches $45.30 Billion

Articles Threads

1. "Stablecoin APY at 26%: Uncovering HyperEVM's 'Hidden Goldmine'"

This article delves into the stablecoin yield opportunities on HyperEVM, noting that after the mainnet launch, lending protocols and DEX ecosystem have seen rapid growth with TVL reaching billions of dollars. While stablecoins like feUSD and USDT0 have attracted some liquidity, they still cannot meet the leverage demand on Hyperliquid, providing stablecoin lenders with an opportunity for 8-26% annualized returns, far exceeding platforms like Ethereum with 3-5%. By bridging USDe or USDT0 to HyperEVM, users can access high yields through lending or liquidity provision, while being mindful of risks such as smart contract security and collateral quality.

2.《Coinbase Acquires Circle? Behind the Acquisition Rumor, the Harsh Business Reality of CEX》

USDC is Coinbase's second largest source of revenue, but revenue attribution is limited due to its partnership with Circle. Circle controls the protocol layer, focusing on expanding the overall market value, while Coinbase aims to fully capture USDC revenue, achieving revenue consolidation and protocol control. If Circle is acquired, Coinbase can obtain complete revenue, product synergy, and regulatory advantages. In the long run, acquisition is a reasonable and necessary strategic choice, with the key lying only in the price.

Market Data

Daily overall market funding heat (reflected by funding rate) and token unlocks

Data Source: Coinglass, TokenUnlocks

Funding Rate

Token Unlocks