Featured News

1. Polymarket Denies Venezuela Invasion Rumors, Sparking Community Backlash

2. Chinese Meme Coins Surge Following Binance's "Life of Binance" Launch

3. BREV Surges Over 50% Following Listing on Major South Korean CEX

4. Chinese Meme Coin "I Stepped on the Horse" Skyrockets Over 400% in 24 Hours Possibly Due to CZ Interaction

5. Infinex's Public Sale Results Disappoint After Rule Adjustment, Only Raising $1.55 Million

Featured Articles

1. "After Lighter, the Next Batch of Perp DEXs Worth Keeping an Eye On"

2026 is destined to be the year of airdrops for Perp DEXs. From Hyperliquid, Aster, to the recent TGE of Lighter, every coin-launching Perp DEX in this cycle has been as festive as a holiday during its airdrop. After Lighter, the second-tier Perp DEXs have also shown significant growth in trading volume. According to perpetualpulse data, among the yet-to-launch Perp DEXs, the ones with the highest trading volume are edgeX, Variational, Extended, GRVT, and Paradex.

2. "The "Invisible Tax" on Solana"

In the traditional financial markets, regulation has to some extent protected retail investors, with the SEC's National Market System Regulation NMS Rule requiring that even order flow that is routed and bundled must receive execution at no worse than the best market price. However, in the unregulated world of the blockchain, applications are now taking advantage of information asymmetry, leading users to pay premiums and tips far above the actual on-chain demand, with these markups quietly pocketed. This behavior fundamentally amounts to levying a profiteering "stealth tax" on unsuspecting users.

On-chain Data

On-chain fund flow on January 7th

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