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The S&P 500 was closed on Thursday. Coindesk Indices, an index measuring broader cryptocurrency market performance was down by 1.64%, with Bitcoin and Ether dropping by 2.20% and 2.75%, respectively in the past 24 hours.
Today's top performer is SONIC, which surged 8.0% following its listing on Bybit Spot and the launch of staking with up to 30% APR rewards.
Sonic SVM (SONIC), token launched on January 9, 2025, is a Layer 2 gaming platform using the Solana virtual machine to power scalable, high-performance blockchain games like SonicX, enhancing speed and efficiency for web3 gaming. $SONIC is now listed on Bybit Spot, enabling users to deposit and trade the token for a chance to win from a 5,000,000 SONIC prize pool. Additionally, Sonic SVM has launched $SONIC staking, offering up to 30% APR rewards. Users can stake directly from their wallets, with airdrop staking coming soon. Staking supports ecosystem growth, unlocks features like governance and HyperGrid, and enhances the utility of the Sonic ecosystem.
Check Out the Latest Prices, Charts, and Data of SONICUSDT Perp and SONIC/USDT Spot Contracts!
Compound Finance has added Ethena's stablecoin USDe and Mantle's liquid staking token mETH to its platform, allowing them to be used as collateral. This follows a vote by Compound’s token holders. The integration reflects the growing use of liquid staking tokens (LSTs) in DeFi, contributing to significant growth in DeFi's total value locked. Additionally, Ethena's USDe has become one of the largest stablecoins, offering high returns, with staked USDe yielding competitive annual yields.
Category | Flow (millions) |
GBTC | - |
Non-GBTC | - |
Total | 0.0 |
The Bitcoin Spot ETF market was closed yesterday in observance of a National Day of Mourning to honor former U.S. President Jimmy Carter.
Openledger, a decentralized blockchain platform for AI development, has launched its Points Program. By running a free node and completing simple tasks, users can earn points to qualify for an upcoming airdrop. To participate, users need to sign up, set up the node, and engage in activities such as posting, liking, and retweeting Openledger content. They can also earn daily check-in rewards. The platform has raised $8M and is backed by major investors.