AI Summary
Show More
Quickly grasp the article's content and gauge market sentiment in just 30 seconds!
The S&P 500 dipped 0.32% Friday after weak jobs data, with upcoming inflation reports likely to shape the Fed’s next rate cut. Gold nears $3,590 on Fed rate cut hopes and continued gold buying by China’s central bank. CoinDesk Indices, which track the broader crypto market, rose 0.72% in the past 24 hours, while Bitcoin and Ether down 0.13% and 0.30%, respectively. Trade these markets and more with up to 500x leverage on Bybit MT5 using this link.
Today’s top performer is MYX, up 161.9%, after Linea announced a token launch with 85 percent allocated to the ecosystem, with MYX Finance identified as a key beneficiary.
MYX Finance (MYX), founded in 2023, offers a zero-slippage decentralized perp trading platform using its Matching Pool Mechanism (MPM), aiming to match or exceed CEX performance. Linea’s token launch on September 10 features no team or VC allocations, with 85% of supply going to the ecosystem—10% to early users and builders, and 75% to a massive ecosystem fund. MYX Finance is among the projects in the ecosystem, benefiting from this ETH-centric L2’s commitment to sustainable growth. Eligibility for the fully unlocked airdrop is based on LXP and LXP-L campaign activity, with claims open until December 9.
Check out the latest prices, charts, and data of MYXUSDT perp contracts!
Paxos proposes USDH, a compliant, Hyperliquid-native stablecoin to drive the ecosystem’s next growth phase. USDH will be natively deployed on HyperEVM and HyperCore, with 95% of reserve yield used to buy back and redistribute HYPE to protocols, validators, and users. Paxos brings regulatory coverage, fiat on/offramps, and a decade of stablecoin infrastructure experience. It has acquired Molecular Labs (creators of LHYPE and WHLP) and launched Paxos Labs to focus on decentralized ecosystems. USDH aims to unlock institutional adoption and align long-term incentives across the Hyperliquid community.
Date | GBTC (M USD) | Non-GBTC (M USD) | Total (M USD) |
01 September 2025 | - | - | - |
02 September 2025 | 0.0 | 332.8 | 332.8 |
03 September 2025 | 0.0 | 300.5 | 300.5 |
04 September 2025 | (22.4) | (200.5) | (222.9) |
05 September 2025 | (47.3) | (112.8) | (160.1) |
Total (weekly) | (69.7) | 320.0 | 250.3 |
Current Total (from inception): | (24,007) | 78,475 | 54,468 |
BTC spot ETFs saw $250.3M in net inflows for the week ending September 5, 2025, driven entirely by $320M in non-GBTC inflows, while GBTC recorded $69.7M in outflows. Since inception, total cumulative net inflows across all BTC spot ETFs stand at $54.5B.
Limitless, the top decentralized prediction market on Base with $300M in volume and backing from Coinbase Ventures, has confirmed an upcoming airdrop. Season 1 of its points program ends Sept 22, 2025, and points will determine airdrop size. Users need just $200 total trading volume to qualify, with only 1 USDC per prediction required.