- Buy Crypto
- Markets
Futures- Spot
- Copy Trade
- Earn
- More
Key Market Insight Discrepancy on May 2nd - A Must-Read! | Alpha Morning Report
Top News
1. Bitcoin Surges Above $97,000
2. Strategy Plans to Raise Another $21 Billion to Buy Bitcoin
3. House Republicans to Release Draft Digital Asset Bill by May 6
4. Coinbase Announces Suspension of Movement (MOVE) Trading on May 15
5. ‘SOL Version of MicroStrategy’ DDC to Receive $24 Million Private Equity Investment to Buy More SOL
Articles & Threads
1. “RWA Perpetual Product Crisis: Why the GLP Model is Doomed to Fail RWA Perpetual?”
The current RWA perpetual products (such as Ostium) have seen a surge in usage, but the GLP-style liquidity model is unsustainable due to high funding rates, trader vs. LP zero-sum game, lack of hedging mechanisms, which limits platform expansion. In contrast, HyperLiquid performs better with a more flexible HLP model. In the future, if Ostium shifts to an order book model to reduce fees and improve market efficiency, only then can long-term healthy growth be achieved.
2. “Unveiling the Crazy Truth Behind the ADL Mechanism, Don't Let Exchanges Easily Take Your Money”
This article explains the Auto-Deleveraging (ADL) mechanism in the cryptocurrency market, particularly using the example of $MANEKI to illustrate how ADL compensates for underfunded market liquidations by forcibly closing profitable clients' positions. The article notes that ADL execution suffers from various opacities, such as price discrepancies and delayed execution. The author emphasizes the importance of understanding liquidation and ADL mechanisms for a deeper comprehension of the crypto market and encourages readers to provide feedback for improvement.
Market Data
Daily Market-wide Funding Heatmap (as reflected by the funding rate) and Token Unlocks
Data Source: Coinglass, TokenUnlocks
Funding Rate
Token Unlocks
You may also like
More absurd than knowing about the war in advance is knowing in advance about the assassination of Soleimani
Key Market Insights on March 2nd, how much did you miss?
How to systematically track high-performing addresses on Polymarket?
From Stanford Lab to Silicon Valley Streets: How OpenMind is Solving the "Last Mile" Problem of the Machine Economy?
PlanX: Reconstructing On-Chain Execution with AI, Moving Towards a New Paradigm
US Judge Allows Binance Unregistered Token Lawsuit to Advance
Key Takeaways: A federal judge in Manhattan dismissed Binance’s petition to resolve a securities lawsuit through private arbitration,…
Crypto VC Paradigm Plans $1.5 Billion Expansion into AI and Robotics
Key Takeaways: Paradigm is setting up a new $1.5 billion fund to explore AI, robotics, and other emerging…
Ethereum Smart Accounts Set to Launch Within a Year, According to Vitalik Buterin
Key Takeaways: Ethereum’s “account abstraction” or smart accounts might be introduced in the coming year through the Hegota…
Bitcoin Recovers After Iran Conflict Shocks Market, Reverses $5K Fall in Just 24 Hours
Key Takeaways: Bitcoin dropped to approximately $63,000 amid tensions but rebounded to $68,200 within a day. Volatility led…
Former Mt. Gox CEO Suggests Hardfork to Retrieve $5.2 Billion in Bitcoin
Key Takeaways: Mark Karpelès, former CEO of Mt. Gox, proposes a Bitcoin network hard fork to access nearly…
South Korea National Tax Service’s Mistake Resulted in $4.8 Million Crypto Loss
Key Takeaways South Korea’s National Tax Service inadvertently exposed private keys, resulting in a $4.8 million crypto loss.…
Morgan Stanley Seeks National Trust Charter for Cryptocurrency Custody
Key Takeaways: Morgan Stanley has initiated a significant step toward digital asset management by applying for a national…
Solana Price Outlook: Major ETF Inflows Hint at Institutional Moves
Key Takeaways: Solana has experienced substantial ETF inflows, prompting speculation about institutional buy-in. On February 25, Solana recorded…
Bitcoin Price Prediction: Wikipedia Founder Warns BTC Could Plunge Below $10K — Should Investors Worry?
Key Takeaways Wikipedia co-founder Jimmy Wales warns Bitcoin might decline to below $10,000, prompting a bearish outlook. Wales…
China’s DeepSeek AI Foresees a Bright Future for XRP, Bitcoin, and Ethereum
Key Takeaways: DeepSeek AI predicts that XRP, Bitcoin, and Ethereum may reach new all-time highs within the next…
Can BTC, ETH, and SOL Liquidity Collaborate Effectively? Exploring LiquidChain’s Staking and Settlement Approach
Key Takeaways LiquidChain introduces a novel Layer 3 framework aimed at integrating liquidity across Bitcoin, Ethereum, and Solana.…
Canton Crypto Network vs. XRP: Exploring DTCC’s Infrastructure and Liquidity Dynamics
Key Takeaways Canton Network is crafted for institutional finance, emphasizing privacy and regulatory alignment, critical for the onchain…
Axiom Crypto Exposed: Alleged $400k Insider Trading Scandal Revealed
Key Takeaways A whistleblower has brought to light an alleged insider trading scheme at Axiom Crypto, revealing governance…
More absurd than knowing about the war in advance is knowing in advance about the assassination of Soleimani
Key Market Insights on March 2nd, how much did you miss?
How to systematically track high-performing addresses on Polymarket?
From Stanford Lab to Silicon Valley Streets: How OpenMind is Solving the "Last Mile" Problem of the Machine Economy?
PlanX: Reconstructing On-Chain Execution with AI, Moving Towards a New Paradigm
US Judge Allows Binance Unregistered Token Lawsuit to Advance
Key Takeaways: A federal judge in Manhattan dismissed Binance’s petition to resolve a securities lawsuit through private arbitration,…
App