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Looking ahead to May, the Pyth network’s first major token unlock since launch promises to unlock over $1.25 billion worth of tokens at current value. Plus, hundred-million unlocks from Avalanche, Aptos, Arbitrum, and Memeland.
Quick Take Ahmad Shadid, CEO of Solana-based decentralized compute provider io.net, explained on X how the protocol has been working to expel users from the network who spoofed GPUs in order to farm io.net rewards. Crypto investors had questioned the true numbers of GPUs available on io.net’s platform. Shadid called the attack a “painful lesson” and promised that it would not delay the launch of future releases or the $IO token.
DYDX has become the powerhouse of the layer-1 dYdX blockchain, enabling decentralized governance on the network.
- 14:47Data: 99.6% of pump.fun traders have not made profits exceeding $10,000According to the latest Dune data, 99.6% of pump.fun traders have not yet locked in profits exceeding $10,000. However, an on-chain analyst stated that these data do not clearly reflect how many cryptocurrency traders actually made a profit on this platform. According to Dune data, among the 13.55 million wallet addresses on the Pump.fun platform, approximately 55,296 addresses have realized profits exceeding $10,000. The data shows that six-figure and seven-figure profits are even rarer: only 0.048% of traders achieved more than $100,000 in profit and only 0.00217% of traders achieved over one million dollars in profit (about 293 wallets).
- 14:46Cryptanalyst: The risk in this cycle has reached its peak for the first time, and there is still a large space for profit realization before the price recoversCryptocurrency analyst Willy Woo posted on platform X, stating that Bitcoin users seem to be very optimistic, but should exercise caution in the coming months. In this cycle, risk has peaked for the first time with a large amount of Bitcoin being sold for profit and there is still plenty of room for profit realization before prices truly return to normal.
- 14:45DWF Labs Joint Creation: Participated in a transaction of 150 MhW tokenized electricityDWF Labs announced on the X platform that it has participated in a transaction of 150 MhW tokenized electricity. Although it's not much, great things always start small. One of DWF Labs' goals is to create a global tokenization framework and market for tokenized energy, which is efficient, transparent, and borderless.