News

Scheduled unlock of 9.92 million HYPE tokens worth ~$317M directed to core contributors, part of the 23.8% allocation originally locked until 2027-2028.

Paradex Foundation initiated its genesis airdrop for the DIME token. Airdrop allocation increased from 20% to 25% of total supply, claimable via Paradex interface over two weeks.

ParaFi Capital invested $35M in Jupiter, fueling a 24% weekly rally. Jupiter Lend hit $1B TVL in 8 days post-beta while Perps volume grew 13.1% week-over-week.

Hyperliquid's monthly trading volume exceeded $200B for both January and February 2026, with HYPE outperforming BTC and ETH year-to-date despite broader market declines.

Scheduled DYDX token unlock on March 1, released to Community Treasury and Rewards Treasury as part of the ongoing vesting schedule.

GRVT became the first perp DEX to embed an external yield source directly into trading collateral, allowing traders to earn Aave yield while maintaining open positions.

Drift released a native mobile app for iOS and Solana Mobile, the first to integrate multi-collateral accounts on mobile with V3's 10x faster execution engine.

First XP distribution for Season 3 took place on February 18, following Season 2 conclusion on January 31. Season 3 focuses on spot, RWA perpetual, and options trading.

edgeX pushed its Token Generation Event to March 31 citing market conditions. The $2.2B volume DEX has distributed 30M MARU tokens to active users ahead of the launch.

A governance proposal seeks community approval to deploy GMX V2 on MegaETH, an Ethereum L2 designed for ultra-low latency trading. GMX is also expanding to Solana via LayerZero.

CZ-backed DEX Aster confirmed its privacy-focused Layer-1 mainnet will launch in March 2026, featuring zero-knowledge proofs, sub-second finality, and developer tooling.

Lighter listed perpetual futures for Samsung, Hyundai, SK Hynix, and the Korean Composite index at 10x leverage — the first DEX to offer crypto-settled Korean equity derivatives.

HIP-4 introduces 'outcome trading' with fully collateralized, fixed-range contracts for prediction markets and options-like instruments. Currently in testing phase.

ApeX rolled out portfolio search, 90-day order validity, RWA commodity tags, and natural language order execution via Telegram with ClawHub AI integration.

Coinbase launched HYPE/USD spot trading on February 5, marking HYPE's first listing on a major U.S. centralized exchange.

GRVT increased its total Community Airdrop allocation from 20% to 22% of total supply as it prepares for its Token Generation Event in 2026.

Ethereal's Season Zero program drew over $400M in USDe deposits. ENA token holders are allocated 15% of the Ethereal governance token through Ethena's Season 5 airdrop.

edgeX V2 launched in Q1 2026, expanding beyond the original perpDEX model to support permissionless markets, US stock perpetual futures, and prediction market products.

Jupiter's 2026 roadmap includes transitioning Perps JLP pool collateral from USDC to JupUSD, its native stablecoin launched with Ethena Labs and backed by BlackRock's BUIDL fund.

Lighter launched Lighter EVM, an EVM-equivalent rollup developed with Axiom using OpenVM, designed for native interoperability with its existing L2 infrastructure.

Drift received its Enhanced AMM with Dynamic Pricing update and Refined Cross-Margin Liquidations improvements, building on the V3 overhaul launched in December 2025.

Malicious actors compromised official dYdX client libraries on npm and PyPI, injecting wallet-stealing malware. dYdX acknowledged the incident after Socket's disclosure.

A database migration error crashed Bitcoin's price to $0 on Paradex, triggering mass liquidations. Paradex rolled back chain state and refunded $650K to ~200 affected users.

Bluefin launched a DeFi vault on Sui integrating real-time prediction data from Polymarket, dynamically adjusting strategies based on event probabilities and sentiment.

Flare launched the first XRP spot market on Hyperliquid with an FXRP-USDC trading pair. FXRP can be bridged back to the XRP Ledger.