302.03K
6.44M
2024-11-14 12:00:00 ~ 2024-12-18 10:30:00
2024-12-18 12:00:00 ~ 2024-12-18 16:00:00
Total supply486.86M
Resources
Introduction
Usual is an on-chain version of Tether, aggregating Real-World Assets (RWAs) and issuing USD0, an institutional-grade stablecoin. Unlike traditional revenue-sharing models, Usual operates on an innovative ownership-sharing model. The protocol is governed by the USUAL token, which redistributes both value and control to its users. USUAL Total supply: 4,000,000,000
On December 22, data from DefiLlama showed that the stablecoin product USD0, launched by stablecoin developer Usual Labs and backed by real-world assets, broke through a market value of $1.4 billion, ranking sixth among stablecoins; it has grown by 66.12% in the past seven days and 243% in the past month. Four months ago, Usual Labs announced that it had completed a financing round of $7 million led by IOSG and Kraken Ventures with participation from GSR, Mantle, Starkware, Flowdesk, Avi d3,Bing Ventures,Breed,Hypersphere,Kima Ventures,Psalion ,Public Works and X Ventures.
On December 21st, Megabit will officially launch the USUAL USDT perpetual contract with a maximum leverage of 75 times at 20:00 (UTC+8).
According to Auntie Ai's monitoring, GSR Markets and Amber Group are providing market-making services for the recent RWA token rookie $USUAL: • Amber Group: Market making quantity is 12 million, current holdings are 1.6 million (approximately 2.54 million US dollars), ranking as the 12th address in terms of holdings. • GSR Markets: Market making quantity is 8 million, current holdings are 2.76 million (approximately 4.4 million US dollars), ranking as the 9th address in terms of holdings.
Vivek Ramaswamy, co-chair of DOGE, the US government’s productivity department, made an interesting announcement. Vivek Ramaswamy shared a post saying, “DOGE and USUAL have reached a strategic agreement.” However, while he was deleting this post, it was stated that his account was stolen. Chinese crypto journalist Wu Blockchain shared that James Fishback confirmed that Ramaswamy’s X account was hacked and said that he spoke to Vivek. James Fishback said, “I just spoke to Vivek. His account was hacked. His account was locked. This is a scam.” “DOGE- government department is pleased to announce a strategic partnership with USUAL, a leading issuer of fiat-backed (RWA) stablecoins. This collaboration aims to leverage cryptocurrency initiatives to advance our mission to reduce the federal fiscal deficit. By integrating innovative financial solutions and improving the efficiency of government operations, we believe this partnership will not only promote fiscal responsibility but also encourage greater financial inclusion,” Vivek Ramaswamy wrote in his since-deleted post. Following the fake partnership news, the USUAL price rose by up to 14%, but gave back most of its gains after the news was revealed to be fake. *Not investment advice
Following FED Chairman Jerome Powell's Bitcoin statements, there was a major correction in Bitcoin and altcoins. While the BTC price fell to $97,000 levels, altcoins also experienced declines of up to 10%. As investors wonder if these declines will continue, crypto analytics platform Santiment has shared an indicator that points to a potential bottom. According to Santiment, he noted that some altcoins are experiencing very large whale transfers, which are indicative of potential dip purchases. At this point, Santiment listed the altcoins that experienced the biggest increase in whale transactions and said that whales increased their purchases in these altcoins. “Despite significant crypto corrections this week, several altcoins are seeing very large whale transfers that are indicative of potential dips. Among market caps over $500 million, the following assets saw the highest increase in whale transactions over the past week: 1-Usual – USUAL 2-Virtual -VIRTUAL 3-Usual Money – USD0 4-Gnosis DAO – GNO 5-Fast Token – FTN 6-Aave – AAVE 7-FDUSD 8-Maker DAO – DAI (on Plolygon) 9-Floki Inu – FLOKI 10-Maker DAO (On Arbitrum)” 🐳 Despite sizeable crypto corrections this week, several altcoins are making very large whale transfers that are indicative of potential dip buys. Among $500M+ market caps, these are the assets seeing the highest rises in whale transactions over the past week: 1) @usualmoney … pic.twitter.com/yA0E3QyzAt — Santiment (@santimentfeed) December 19, 2024 *This is not investment advice.
New data from market intelligence firm Santiment reveals one altcoin that has seen massive gains this year is rife with whale activity. In a new thread on the social media platform X, Santiment says that among altcoins with at least a $500 million market cap, tokenized artificial intelligence (AI) project Virtuals ( VIRTUAL ) – an asset that’s up a staggering 20,000% year-to-date – is one of the leaders in terms of whale activity. Santiment also says high-net-worth investors are making moves to accumulate 10 digital assets including VIRTUAL during the latest crypto market crash. “Despite sizable crypto corrections this week, several altcoins are making very large whale transfers that are indicative of potential dip buys.” Other notable altcoins on the list include stablecoin issuer Usual ( USUAL ) and its stablecoin Usual USD ( USD0 ), decentralized betting platform Gnosis ( GNO ), decentralized finance (DeFi) project Aave ( AAVE ), as well as meme asset Floki ( FLOKI ). VIRTUAL is trading for $2.74 at time of writing, a nearly 20% gain on the day. On December 16th, it peaked at $3.34 while a year ago, it was moving for around $0.013. Moving on to the top crypto asset by market cap, Santiment says that Bitcoin’s ( BTC ) latest drop to under $100,000 has caused a “buy the dip” mentality among investors. “With Bitcoin falling as low as $95,500 today, the ratio of crypto discussions that are about buying crypto’s dip has reached its highest level in over eight months. The last time we saw the crowd nearly this enthusiastic about dip buying was the major crash on August 4th. Since that time, Bitcoin’s market cap is +81% higher.” Source: Santiment/X Bitcoin is trading for $97,006 at time of writing, a fractional decrease during the last 24 hours. Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Follow us on X , Facebook and Telegram Surf The Daily Hodl Mix Featured Image: Shutterstock/wacomka/Andy Chipus
A widely followed crypto analyst is issuing a new warning about the digital asset market during the final days of the year. The pseudonymous analyst known as Altcoin Sherpa tells his 234,800 followers on the social media platform X that the crypto market may experience wild price swings to close out December. However, the analyst predicts markets may rally in January based on historical precedence. “We probably get one-plus more flushes before the year’s end, but keep your eye on the prize and manage yourself through the volatility. January is historically a great month for crypto. In my opinion, sell bags you don’t like as much for cash and save that to deploy on bags you do like.” The analyst also says that some crypto projects are showing strength amid the broad market sell-off such as decentralized finance protocol Usual ( USUAL ). “One note on the USUAL chart: if you see a coin standing out above the rest amidst insane market volatility, it’s usually a sign that this is a very good coin. This one didn’t budge when everything was down 20%. I added more on this dip and will add even more if it goes further… I bought anywhere from like $1.08-$1.20 and I’ll continue adding. This one is a winner in my opinion. Hits a bunch of narratives, and I think that this one still outperforms a bunch of others.” Source: Altcoin Sherpa/X USUAL is trading for $1.25 at time of writing, down over 13% in the last 24 hours. Next up, the analyst suggests that Bitcoin ( BTC ) may soon hit a local market bottom after collapsing below $100,000 this week. “We’re getting close. I think that BTC should be finding a relative bottom very shortly, expecting a bit more downside and then some sort of reversal. Not sure if this is ‘the’ bottom but yeah, let’s see.” Source: Altcoin Sherpa/X Looking at his chart, the trader suggests that Bitcoin could decline to $90,911 on the four-hour chart before reversing. Bitcoin is trading for $97,325 at time of writing, a fractional increase in the last 24 hours. Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Follow us on X , Facebook and Telegram Surf The Daily Hodl Mix Generated Image: Midjourney
According to Bitget market data, the sectors with smaller declines on December 20 were Fan Token, SocialFi, and SHIB Ecosystem. Among them, GALFAN increased by 1.4% in 24 hours, HALO increased by 1.11% in 24 hours, and PAW increased by 4.2% in 24 hours. As of press time, the top three coins in real-time gains are EARNM, FUEL and SLT respectively.
The market shows that the pre-trade price of USUAL has risen above $1.48, currently quoted at $1.4340, with a 24-hour increase of 45.89%. The market fluctuates greatly, please manage your risk well.
Original | Odaily Planet Daily ( @OdailyChina ) Author: Azuma ( @azuma_eth ) Usual (USUAL), a new stablecoin, has performed well recently. While the price of the coin continues to rise, the amazing yields offered by USUALs official staking channels have also attracted the attention of a large number of users. As shown in the figure below, information on Usual’s official website shows that the current real-time APY for staking USUAL is as high as 22037%. Odaily Note: Staking USUAL can unlock governance rights and obtain 10% of newly issued USUAL, which is also the source of USUAL staking income. After clicking on the pledge homepage and entering the pre-deposited USUAL amount, the calculation simulation result is exaggerated and more intuitive - assuming that 10,000 USUAL are pledged, it is expected that 2,203,752 USUAL can be obtained in a year, and 6,037 USUAL can be obtained every day... When many users first saw these numbers, their reaction was “Isn’t this just picking up money?” But is this really the case? Below, we will uncover the magic of USUAL’s staking yield numbers through a series of calculations. APR vs APY The older generation of DeFi players may be more aware that although APR and APY, two seemingly similar indicators, are often used to measure the returns of cryptocurrency investments, the actual impact on returns is very different. In short, APR does not take into account the effects of compound interest, while APY does incorporate the effects of compound interest into its calculations, which usually results in the APYs returns often appearing to be higher. For example, if you deposit $1,000 into a pool with an APR of 100%, your income after one year will be $2,000; but assuming that the pool uses a daily compounding mechanism, that is, the interest is calculated and reinvested every day, then your income after one year will be approximately $2,718, corresponding to an APY of 171.8%. The conversion between APR and APY can be calculated based on the following consensus, where n is the frequency of compounding. If daily compounding is adopted over a one-year period, n is 365. APY = (1 + APR/n)^n - 1 USUALs math magic Back to the USUAL staking scenario, the 22037% here is the APY income, and the official clearly mentioned that it will be automatically compounded every day. According to the formula in the figure above, APY is 22037%, n is 365, and the APR calculation result is 543.65%, corresponding to a daily yield of approximately 1.49%. Some friends may ask, USUALs pledge mechanism clearly provides a daily compounding mechanism, why should it be ignored? The reason is that under the compounding model, daily income will gradually increase as the timeline lengthens, and when evaluating shorter-term yields, APR figures are actually more reliable. Let’s take the example mentioned in the previous article, “Assuming 10,000 USUALs are pledged, it is expected that 6037 USUALs can be obtained every day within one year”. If the deposit is really completed for a full year, the calculation result is indeed valid if the APY remains unchanged. However, in reality, after the user pledges 10,000 USUAL, he will not receive 6,037 USUAL in equal amounts every day. The reality is that after a user stakes 10,000 USUAL, he will only receive about 149 USUAL on the first day. After that, the daily income will gradually increase with compound interest, because the pledged principal will continue to grow with the reinvestment, and the number 6037 is only the daily average over a one-year cycle - note that all of this is based on the premise that APY remains unchanged. Potential risks Putting aside users who make long-term pledges for other reasons, if you rush to buy coins and pledge just because of the high interest rate of 22037%, please be sure to understand the following risks. Eliminate the risk of pledge wear and tear It is worth mentioning that USUAL’s unstaking requires a mandatory 10% fee, which means that based on a daily yield of 1.49%, it will take at least a week for users to recover the 10% unstaking cost after staking. Risk of increasing pledge scale The scale of USUAL staking may further expand, thereby diluting the yield. The current scale of USUALx (staking version of USUAL) is about 26 million, corresponding to about 27.81 million USUAL stakes; the initial circulation supply of USUAL is 494.6 million, and Binance has not yet opened USUAL withdrawals. This means that the scale of USUAL staking is expected to have a large room for growth, which may seriously dilute the real-time yield of the staking pool. Risk of currency price decline We cannot predict the market, but the current buying attracted by high interest rates may be an important buying force for USUAL. All the above calculations are based on the USUAL currency standard. If the downward risk of the currency price is taken into account, there is a possibility that the actual return may be greatly reduced or even the principal may shrink.
Featured News 1. IntoTheBlock: Bitcoin's Potential Support Area is Near $97,500, Over 1.45 Million Bitcoins Accumulated 2. US-listed Company reAlpha Plans to Use 25% Excess Cash to Buy Cryptocurrency 3. "CREAM" Auction on Hyperliquid Platform Concludes at a Price of $546,900 4. Coinbase Announces Suspension of wBTC Trading 5. Trump's Crypto Project World Liberty Bought 722.2 ETH One Hour Ago at an Average Price of $3,461 Articles Threads 1. "From Silicon Valley FOMO to Stanford, Crypto+AI Agent Becomes the New Metaverse" Bubble, BlockBeats Since the birth of the AI meme coin GOAT, Crypto+AI seems to have ushered in its own "ChatGPT Moment." From industry leader Coinbase to Silicon Valley's A16Z, and even academia's beacon Stanford, the whole world is gradually falling into the rabbit hole of imagination with the never-ending AI Bots on social media. Even Marc Andreessen couldn't have imagined that his $50,000 investment in Truth Terminal at the beginning of the year would ignite a market worth tens of billions in less than a year. 2.《Surging Against the Trend by Over 40%: How to Understand the Logic Behind USUAL's Rise?》 hmalviya9, Founder of dyorcryptoapp A growing number of competitors have emerged in the stablecoin race. Since early December, from launching on Binance to announcing a partnership with BlackRock, Usual has shown remarkable performance in the market thanks to its innovative economic model and high return potential. Today, USUAL surpassed $1.2, hitting an all-time high. This article provides an in-depth analysis of $USUAL's tokenomics, reward mechanism, and potential risks, aiming to give readers a comprehensive understanding to help them make wise decisions in the rapidly evolving crypto market. Whether considering investment or monitoring market trends, understanding its core mechanics is key. 24H Top Projects (‼️High Rug Risk‼️) Daily updates on new projects or community highlights, ranked by X Alpha account followers and growth Data Source: getmoni.io BlockBeats Note: The following are early-stage projects with low follower counts, carrying extremely high rug and contract risks. Participation should be cautious, and this is not investment advice 1. Proof of Play Foundation (@ProofOfPlayFDN) Proof of Play Foundation. 2. J3FF (@AgentJ3ff) AI Guardian of the Fissure | Future FCHAIN Node Operator. 3. mastertingus (@mastertingus) Artistic meme created by the artist. Market Data Daily market-wide capital heat (reflected by funding rate) and token unlocks Data Source: Coinglass, TokenUnlocks Funding Rate Token Unlocks
The native token of a decentralized fiat stablecoin-issuing platform is rallying against the dipping crypto markets. Two days ago, the world’s largest crypto exchange by trading volume, Binance, added support for Usual Protocol ( USUAL ). “Binance is excited to announce that Usual (USUAL) will be added to Binance Simple Earn, Buy Crypto, Binance Convert, Binance Margin, Binance Auto-Invest, and Binance Futures at the respective dates and timings listed below.” According to a post on the social media platform X from Usual in response to the Binance listing, the team says the protocol aims to usher in a “stablecoin renaissance”. “90% for the Community: Usual is built to empower, with the majority of tokens for users. No VC (venture capital)/Team Dumps: Just 10% allocated to insiders, cliffed for one year. 100% Revenue for the DAO (decentralized autonomous organization): Every $ of revenue belongs to USUAL holders” According to the Usual Protocol’s website , USUAL acts as a governance token performing two major functions: “1. Usual is a multi-chain infrastructure that aggregates the growing tokenized Real-World Assets (RWAs) from entities like BlackRock, Ondo, Mountain Protocol, M0 or Hashnote to transform them into a permissionless, on-chain verifiable, and composable stablecoin (USD0). 2. Usual is built around the redistribution of power and ownership to users third parties, akin to a scenario where Tether’s TVL providers would own the company and the associated revenues.” USUAL is going for $1.43 at time of writing, up 17% on the day. Meanwhile, the total crypto market cap is down 6% over the same period. Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Follow us on X , Facebook and Telegram Surf The Daily Hodl Mix Generated Image: Midjourney
The Usual price soared 38% in the last 24 hours to trade at $1.25 as of 02:09 p.m. EST on trading volume that skyrocketed 509% to $1.7 billion. The USUAL price surge comes after its listing on Binance, the world’s biggest crypto exchange. Usual Price On A Bullish Trend Reversal The Usual price, after launch, went on through a sustained bullish trend to the $1.29 resistance zone. USUAL then went on through a retrace back to the $0.94 support before soaring back to the resistance zone, forming a rounding bottom pattern, according to data from GeckoTerminal . The Usual price trades well above the 50-day Simple Moving Average (SMA) ($1.1127), confirming short-term bullish momentum. Meanwhile, the Relative Strength Index (RSI) is at 67.32, nearing overbought conditions (70+). This indicates strong bullish momentum but suggests a potential short-term pullback or consolidation as buyers may lose steam temporarily. If the Usual price sustains its bullish trend reversal, the asset could soar even higher, as the bulls aim for the next resistance level to $1.60. USUALUSD Chart Analysis Source: GeckoTerminal If the price fails to sustain above $1.25 and falls below the 50-day SMA ($1.1127), a correction toward $1.00 may occur, invalidating the bullish pattern in the short term. Meanwhile, ClayBro, a prominent crypto analyst with over 131K subscribers, says the recently launched Catslap (SLAP) could be the next 50x meme coin. Is Catslap The Next Crypto To Explode? Catslap is challenging existing cat-themed market leaders like POPCAT and MOG and it comes with an innovative Slap-2-Earn mechanism that offers $100k in rewards. The project’s viral slapping game has already recorded a massive 1.15 billion slaps on its Slapometer globally. The popularity of the game has boosted community engagement and there are now 20,617 individuals holding SLAP tokens. Its “Hot Token” status on Best Wallet , a fast-growing crypto wallet, connects it to over 60,000 users, boosting visibility and momentum. Token holders can also earn passively via the project’s staking mechanism, which offers a 40% annual percentage yield (APY). The token surged after its listing on MEXC on December 6, and its developer is now teasing another major announcement in about 2 hours. That’s rumored to be another CEX listing, with some speculating it could be Coinbase or Binance. Buy SLAP Token from its official website. Related News Solaxy (SOLX) Presale Races Past $2.2 Million In Only 4 Days Bitcoin Price Prediction: FOMC Says Easing Will Slow Next Year After Rate Cuts Pepe Price Dips 14% As This New Frog Coin Rival Blasts Past $31M
Original author: @hmalviya9, founder of dyorcryptoapp Original translation: Ismay, BlockBeats Editor's note: More and more competitors have emerged in the stablecoin track. From the beginning of December to now, from listing on Binance to the official announcement of cooperation with BlackRock, Usual has performed well in the market with its innovative economic model and high return potential. Today, USUAL broke through $1.2, setting a new record high. This article deeply analyzes the token economics, profit mechanism and potential risks of $USUAL, aiming to provide readers with a comprehensive understanding to help everyone make informed decisions in the rapidly developing crypto market. Whether considering investment or observing market trends, understanding its core mechanism is key. The following is the original content: $USUAL is one of the most important launches of this cycle, and the initial performance is very promising, so should you buy it or ignore it? I started paying attention to USUAL a few months ago when I was researching new stablecoins. What makes USUAL unique is its clear story: Tether on chain, distributing income to token holders. Tether has made more than $7.7 billion in profits so far this year, which is almost more than BlackRock. If USUAL can achieve this goal, even just 10% of it will mean $770 million in profits. And the best part is that 90% of the revenue will be distributed to token holders and stakers in the form of $USUAL. Returns are paid in $USUAL, so every time someone stakes USDO (their stablecoin), $USUAL tokens are constantly issued. USDO is a stablecoin backed by US Treasuries that generates returns through Treasuries, and these returns are distributed in the form of $USUAL and USDO. USUAL Money mentioned that when $USUAL's cash flow reaches a certain target, they plan to control the issuance of $USUAL and ensure that the continuous issuance rate is lower than the revenue growth rate. Initially, the issuance will be high, but over time, the issuance will gradually decrease. USUAL offers two other tokens in addition to the governance and staking token $USUAL. USDO++: This is the liquidity token you get after staking USDO. USDO holders need to stake USDO for 4 years to mint USDO++. USDO++ holders will receive 45% of the $USUAL issuance. USUAL issues new $USUAL tokens whenever new USDO++ is minted. This is a core part of their flywheel mechanism. The TVL (Total Value Locked) of the protocol also tracks the value of USDO++ minted in the protocol. The higher the TVL, the more revenue the protocol generates, which will eventually be paid to USDO++ holders in the form of $USUAL tokens. The issuance rate of $USUAL will decrease as more users adopt it, reducing the number of tokens issued per dollar locked. This reduction will increase the yield per token, which will naturally drive the price of $USUAL up. The higher annualized yield (APY) on USDO++ will attract more people to stake USDO. The current APY is around 80%, so we may see TVL rise in the coming days. The current TVL is around $900 million, and 87.47% of USDO has been staked as USDO++. USUAL also has a staking token called USUALx, which provides three forms of yield: USDO rewards from revenue, 10% of $USUAL issuance, and 50% fee share from unlocking modules. When USDO++ holders decide to unlock before expiration, the protocol will also initiate the destruction mechanism of $USUAL. They need to destroy a portion of the $USUAL supply to unlock. As mentioned in the USUAL Money whitepaper, we do face two serious product risks: The market price of $USUAL (the main reward token) directly affects the benefits in the ecosystem, including rewards and liquidity incentives related to USDO++. If the price drops significantly, it may damage the competitiveness and user attractiveness of the ecosystem. Due to its inflationary nature, there is also a risk of hyperinflation. To this end, the DAO can mitigate this risk by adjusting the minting rate to regulate the issuance, ensuring economic stability and sustainability. USDO++: These locked tokens lack a costless arbitrage mechanism to maintain their anchor, which can lead to price volatility. However, this risk has been minimized through strong liquidity in the secondary market, as well as liquidity provision incentives and early redemption mechanisms. In addition, the price floor redemption mechanism limits extreme volatility, ensuring stability and market efficiency. Overall, as long as the price of $USUAL is attractive, the protocol can attract more demand for USDO and USDO++. The greater the demand for its stablecoins, the more revenue it will ultimately generate, which will be distributed to USDO++ holders, USUALx holders, and other participants. Currently, USUALx has an annual interest rate of about 28,000%, which may attract initial demand and create early market heat. However, in the long run, the key lies in how the USDO anchoring mechanism is stabilized and how long $USUAL can continue to attract demand. In terms of token economics: approximately 90% of the tokens are allocated to the community, of which approximately 64% are used for inflation rewards, which will adjust the issuance plan based on dynamic demand. Currently, approximately 12.4% of the tokens have entered circulation. 「Original link」
Featured News 1.Binance Alpha's third batch of projects announced 2.Hyperliquid testnet has launched the HYPE pledge interface 3.DEXX: Stolen asset claims NFT will be listed, and subsequent compensation will be based on this 4.USUAL rose to $1.22, a record high 5.Avalanche founder: Meme coins on Avalanche can not only be staked, but also used as gas tokens Trending topics Source: Overheard on CT (tg: @overheardonct), Kaito FARTCOIN:FARTCOIN has become a trending topic on Twitter, with its market value exceeding $1 billion, ranking among the top meme coins. The cryptocurrency has attracted a lot of attention due to its rapid rise, listing on Binance Alpha, and being seen as a possible safe-haven asset in market volatility. FARTCOIN's community-driven nature and its humorous brand image have driven its virality, with many comparing it to successful meme coins such as Dogecoin and Shiba Inu. Discussions also cover its impact on traditional finance and its potential to influence perceptions of monetary policy. AIXBT:AIXBT has received widespread attention today for being included in Binance's Alpha list, which is seen as a precursor to a possible upcoming listing. The AI agent @aixbt_agent has won praise for its excellent market analysis capabilities and has even been compared to human influencers. Discussions have focused on its role in reshaping the AI and cryptocurrency landscape, as well as its amazing fan growth and market cap. The community is excited about its potential, and some users believe it will occupy an important position in the field of AI agents. USUAL:USUAL has received widespread attention today for its recent listing on major exchanges such as Binance and KuCoin, while outperforming in the DeFi space. The token has surpassed $1 billion in TVL, showing strong growth momentum and community support. Key discussions focused on USUAL's partnership with Ethena Labs and BlackRock, its high APY yield, and its strategic layout on stablecoin yield opportunities. Its deflationary model and community-driven governance model were also highlighted, with many users expressing bullish sentiment and comparing it to competitors such as ONDO. S:The main discussion about S today focused on the launch of the SonicLabs mainnet, which attracted widespread attention and heated discussions on Twitter. Sonic (formerly Fantom) rebranded and launched a new EVM-compatible Layer-1 blockchain that provides faster transaction speeds and a more secure developer environment. The launch included a 1:1 token migration from FTM to S, in addition to the introduction of a “fee monetization” feature that allocates up to 90% of network fees to developers. The community is also excited about the 190.5 million S token airdrop and the potential for new dApps and developers on the platform. Well-known figures like Andre Cronje and Michael Kong also participated in the discussion, further stimulating heated discussions about Sonic’s capabilities and future prospects. ThreadsTweets 1. Benchmark for profit of funds in the cryptocurrency circle, @dotyyds1234 2. Analysis of Binance listing, @YeruiZhang Selected articles 1. 《From Silicon Valley FOMO to Stanford, Crypto+AI Agent Becoming the new metaverse》 bubble, BlockBeats Since the birth of AI meme coin GOAT, Crypto+AI seems to have ushered in its own "ChatGPT moment". From the industry leader Coinbase to Silicon Valley's A16Z, and then to the academic benchmark Stanford, the whole world has gradually fallen into the rabbit hole of imagination with the endless AI Bots on social media. Even Marc Anderson did not expect that the $50,000 he funded Truth Terminal at the beginning of the year would ignite a $10 billion market in less than a year. From AI meme to AI Agent issuance platform to AI Agent framework, what surprised investors was the ultra-high innovation space and acceleration shown by Crypto+AI Agent. This field seems to be evolving in units of days. No matter from which dimension, it is very similar to DeFi and the metaverse at the end of 2020. 2.《How can a newbie build his own encrypted AI Agent using the Eliza framework? 》 SuhailKakar, Crypto KOL If you haven't been living in seclusion, you should have noticed that these so-called "AI agents" have appeared everywhere in the cryptocurrency field. They reply to tweets, make transactions, and even launch their own tokens. Isn't it crazy? In this guide, we will detail what these agents are, why they are so important, and how you can create one yourself. Biggest Gainers Losers Token volatility on December 19, sorted by trading volume Top Gainers 1.$USUAL 2.$UXLINK 3.$FARTCOIN Top Losers 1.$PNUT 2.$NEIRO 3.$ACT On-chain data On-chain fund flow on December 19
We are thrilled to announce that Bitget has launched isolated spot margin trading for USUAL/USDT. New listing perk: To celebrate the listing of new coins, Bitget will distribute spot leverage cut-rate coupons or trading bonuses to users' accounts at random. These coupons can be used to leverage at low or zero interest, while the trading bonuses can be used directly in margin trading. You can claim coupons and trading bonuses via the Coupons Center. References: Make margin trading at low cost with spot margin trading coupons Disclaimer Cryptocurrencies are subject to high market risk and volatility despite high growth potential. Users should conduct their own research and invest at their own discretion. Bitget shall not be liable for any investment losses. Join Bitget, the World's Leading Crypto Exchange and Web 3 Company Sign up on Bitget now >>> Follow us on Twitter >>> Join our Community >>>
On December 18th, Habital officially announced that as a stablecoin publishing protocol, it has identified USDtb and sUSDe as core components of its future business strategy. In a recent collaboration with Ethena Labs, Habital accepts USDtb as collateral and gradually promotes the migration of some USD0 assets to USDtb. Habital has become one of the main miners and holders of USDtb. In the coming months, Habital plans to launch the sUSDe vault, which allows USD ++ holders to pledge and receive sUSDe rewards. This mechanism will not only increase customer engagement in the DeFi ecosystem, but also further increase liquidity and add vitality to Habital's core assets. In addition, sUSDe will be included in Ethena's reserve fund allocation as a key asset and may become the core support force for Ethena's priority products. Ethena Labs has announced a strategic partnership with World Liberty Financial (WLFI) to integrate sUSDe into WLFI's lending platform and submit a governance proposal to deploy sUSDe as a core collateral asset on Aave. This move is expected to open up more opportunities for global DeFi users. Background supplement: Ethena Labs recently reached an agreement with BlackRock's Securitize, and USDtb has been confirmed as an important collateral asset for the stablecoin USD0. Through this cooperation, Habital users can obtain higher APY returns and Ethena rewards in the sUSDe vault, further consolidating its leading position in the DeFi field.
According to official data, the stablecoin protocol Usual TVL has exceeded 1 billion US dollars. In addition, according to Bitget market data, USUAL is now reported at 1.031 USDT, with an increase of 10210% since its launch.
I. Market Dynamics 1. BTC plunges following a significant drop in U.S stocks, with altcoins also experiencing a sharp decline. Historically, gold often emerges in Europe and America around Christmas. 2. U.S stocks plummeted. The Federal Reserve hawkishly proceeded with its scheduled interest rate cut of 25 basis points in December, but the guidance for next year is to cut rates twice, far less than the market's expectation of four times. II. Market Focus 1. Stablecoin USUAL opens higher. USUAL collaborates with ENA and takes advantage of the situation to launch new mines with an annual yield of 70%. Stablecoins can simultaneously mine contract returns and national debt returns. This round of DEFI innovation mainly focuses on stablecoins and on-chain exchanges. 2. MEME's PENGU surges strongly after cultivating community culture for four years; more diamond hands are seen. 3. The on-chain AI ARC soars high as it plans to create a coin pair trading platform similar to VIRTUAL's platform.
M^0, the stablecoin infrastructure provider, has inked its second integration deal, this time with the fast-growing, fiat-backed stablecoin issuer Usual. This marks the latest diversification of Usual’s reserves, which were previously backed solely by the tokenized money market fund Hashnote, built by the founders of DRW. Usual, launched just four months ago, has charted a rocketing path to growth. On Wednesday, it surpassed $1 billion in market capitalization, making it the seventh-largest stablecoin. M^0 (pronounced M Zero) has also seen remarkable growth since launching earlier this year. “There are a few extensions in the pipeline,” M^0 co-founder Gregory Di Prisco told The Block in an interview. “Putting these deals together comes in two parts: there’s the technical and business side of the equation. From a technical perspective, it's very fast. We can now throw these things together in a couple of weeks and we're going to eventually have that down to a couple of minutes.” Di Prisco noted the middleware platform, which enables users to create customizable “extensions” built using its U.S. Treasury-backed M stablecoin platform, could eventually become “self-serve.” “Every time we add a piece of customization, it becomes stock,” Di Prisco said. “So the compliance features we added for Usual, now those are audited and we could offer those to everybody.” These features included the ability to blacklist addresses and the ability to unwrap UsualM tokens to M, Di Prisco noted. “Integrating $M as the foundation for UsualM marks a pivotal step in advancing our vision for stablecoins,” Usual CEO Pierre Person said in a statement. “With UsualM, we’re not just introducing another stablecoin — we’re redefining how digital dollars can generate meaningful value and impact.” Earlier this month, Cosmos-based Noble blockchain became the first to launch a dollar-denominated token, USDN , using M^0’s tech stack. “The Noble dollar is on Cosmos. Usual is on Ethereum. And we're going to Solana very soon,” Di Prisco said. “We're working with Wormhole to be multi-chain, I wouldn't say there's any chain that's more important than another.” “We're a protocol. We do everything onchain,” Di Prisco said about its clientele. “Our liquidity's onchain. Our yield distribution is entirely automated through smart contracts. We are not trying to put a wrapper around TradFi. So I think our technology appeals a lot more to the dApp space and the more advanced fintechs.” M0 announced in June that it raised $35 million in a Series A funding round . Bain Capital Crypto led the round, which included participation from market makers Galaxy Ventures, Wintermute Ventures, GSR and Caladan. So far, only entities that financially backed M0 hold the POWER tokens necessary to participate in protocol governance. How does M work? Di Prisco said M^0’s governance system was “built from the ground up” to solve “voter apathy.” Every POWER token holder is required to vote on proposals at least once a month, and if they fail to, their tokens will be slashed by 10% and distributed pro rata to the rest of the token holders in wrapped ETH. It also incentivizes voting by doling out ZERO token rewards. ZERO tokens, currently locked up for investors until next year, can only be earned by voting and are “essentially where all the economic flows of the protocol go,” Di Prisco said. M is designed to be “ the most perfect approximation of holding low-risk money that you can get,” Di Prisco said. Every issuer in the network sets up their own orphaned special purpose bankruptcy vehicle to hold T-bills and then direct yield earned on those holdings to pay an “interest rate” on the M they generate to the protocol. The network’s governance then sets an “earner rate,” paid to a set of whitelisted addresses. “Think of M as the abstraction in the back end of all the collateral management,” Di Prisco said. “The yield serves a building block for these other stablecoins that have brands on them. That's really our core thesis, every application is going to want to control the feature set and yield distribution of the stablecoins in their ecosystem,” he said, including customizations like compliance functions, smart contract features and permission lists. “If you're even considering a branded stablecoin, you have to talk to us,” he said.
Delivery scenarios