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According to ChainCatcher, as reported by CoinDesk, the decentralized exchange Hyperliquid has launched the HIP-3 growth model, allowing anyone to deploy new markets without permission and significantly reducing fees to boost liquidity. This feature reduces the taker fees for newly launched markets by more than 90%, from the usual 0.045% down to 0.0045%-0.009%. For users with top-tier staking and trading volume levels, fees can be further reduced to 0.00144%-0.00288%.

ChainCatcher reports, the iShares Bitcoin Trust (IBIT) under BlackRock recorded its largest single-day net outflow since its inception in January 2024 on Tuesday. IBIT saw a capital outflow of $523.15 million yesterday, surpassing the previous record of $463 million set on November 14. The ETF has experienced net outflows for five consecutive days, totaling $1.43 billion. As the world's largest spot bitcoin ETF (with net assets of $72.76 billion), IBIT has been in an outflow trend since late October. On a weekly basis, the fund has seen net outflows for four consecutive weeks, amounting to $2.19 billion. This capital outflow coincides with a recent sharp decline in bitcoin, which earlier this week fell below $90,000 from its all-time high of $126,080 set in early October. Despite the continuous outflows, Vincent Liu, CIO of Kronos Research, stated that institutional investors are rebalancing rather than completely abandoning bitcoin.