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Midas Completes $50 Million Series A Funding Round, Led by RRE Ventures and Creandum
BlockBeats News, March 30th, According to official sources, Midas has announced the completion of a $50 million Series A funding round. This round of funding was led by RRE Ventures and Creandum, with participation from Framework Ventures, HV Capital, Ledger Cathay, an exchange, Franklin Templeton, GSR, and many other institutions. At the same time, Midas announced the launch of the "Open Liquidity Architecture" core product, Midas Staked Liquidity (MSL), with an initial capacity of up to $40 million. It aims to address the liquidity issues of tokenized real-world assets (RWA) and achieve instant liquidity + instant redemption.
BlockBeats News, March 30th, According to official sources, Midas has announced the completion of a $50 million Series A funding round. This round of funding was led by RRE Ventures and Creandum, with participation from Framework Ventures, HV Capital, Ledger Cathay, an exchange, Franklin Templeton, GSR, and many other institutions. At the same time, Midas announced the launch of the "Open Liquidity Architecture" core product, Midas Staked Liquidity (MSL), with an initial capacity of up to $40 million. It aims to address the liquidity issues of tokenized real-world assets (RWA) and achieve instant liquidity + instant redemption.
Middle East supply concerns drive Asia naphtha margins to record highs
Golden Ten Data reported on March 30 that, according to traders, concerns about long-term disruptions to Middle Eastern supply surged after the Houthis in Yemen launched an attack on Israel. This pushed Asian naphtha refining profits to a record high on Monday, reaching a premium of $433 per ton over Brent crude.
Golden Ten Data reported on March 30 that, according to traders, concerns about long-term disruptions to Middle Eastern supply surged after the Houthis in Yemen launched an attack on Israel. This pushed Asian naphtha refining profits to a record high on Monday, reaching a premium of $433 per ton over Brent crude.
Goldman Sachs: Market Pessimism Nears Limit, Stock Market May Surge if War Situation Eases
On March 30, Goldman Sachs traders indicated that significant short selling by hedge funds and systematic investors has increased the likelihood of a substantial stock market rebound if tensions from the Iran conflict ease. Goldman Sachs' prime brokerage trading division noted that hedge funds have reduced their global stock holdings for the sixth consecutive week, primarily driven by short selling. The latest round of selling has been widespread, with net selling observed across all major regions. A team led by Vincent Lin stated in a market data review for the week ending March 26 that in Europe, short positions in products trading around macroeconomic themes have risen to 11%, the highest level in a decade.
On March 30, Goldman Sachs traders indicated that significant short selling by hedge funds and systematic investors has increased the likelihood of a substantial stock market rebound if tensions from the Iran conflict ease. Goldman Sachs' prime brokerage trading division noted that hedge funds have reduced their global stock holdings for the sixth consecutive week, primarily driven by short selling. The latest round of selling has been widespread, with net selling observed across all major regions. A team led by Vincent Lin stated in a market data review for the week ending March 26 that in Europe, short positions in products trading around macroeconomic themes have risen to 11%, the highest level in a decade.
Midas completes $50 million funding round to optimize the on-chain instant redemption system
Mainstream Perp DEX Overview: Weekend Liquidity Dips, Hyperliquid Trading Volume Sees 43% Weekly Decline
BlockBeats News, March 30th, according to DefiLlama data, over the weekend, the trading activity of mainstream Perp DEX platforms generally declined, with open interest also falling. Among them, Hyperliquid's trading volume fell by 43% compared to the previous Monday, dropping to around $3 billion, while its open interest remained high compared to other platforms. The latest trading volume rankings of each platform are as follows:
Hyperliquid: 24-hour trading volume is around $28.2 billion, with open interest of about $69.2 billion;
EdgeX: 24-hour trading volume is around $15.9 billion, with open interest of about $10.8 billion;
Aster: 24-hour trading volume is around $14.5 billion, with open interest of about $17.7 billion;
Apex: 24-hour trading volume is around $9.95 billion, with open interest of about $11.1 billion;
Lighter: 24-hour trading volume is around $9.73 billion, with open interest of about $6.52 billion;
Pacifica: 24-hour trading volume is around $2.23 billion, with open interest of about $70.46 million;
BlockBeats News, March 30th, according to DefiLlama data, over the weekend, the trading activity of mainstream Perp DEX platforms generally declined, with open interest also falling. Among them, Hyperliquid's trading volume fell by 43% compared to the previous Monday, dropping to around $3 billion, while its open interest remained high compared to other platforms. The latest trading volume rankings of each platform are as follows:
Hyperliquid: 24-hour trading volume is around $28.2 billion, with open interest of about $69.2 billion;
EdgeX: 24-hour trading volume is around $15.9 billion, with open interest of about $10.8 billion;
Aster: 24-hour trading volume is around $14.5 billion, with open interest of about $17.7 billion;
Apex: 24-hour trading volume is around $9.95 billion, with open interest of about $11.1 billion;
Lighter: 24-hour trading volume is around $9.73 billion, with open interest of about $6.52 billion;
Pacifica: 24-hour trading volume is around $2.23 billion, with open interest of about $70.46 million;
The number of users of Apyx protocol, the issuer of chain-based yield stablecoins supported by STRC, has reached 1,000.
According to Odaily, the on-chain yield stablecoin issuer Apyx, supported by Strategy's Stretch (STRC), has reached 1,000 protocol users. Apyx stated that on-chain digital credit yield is becoming dominant. (BitcoinTreasuries.NET)
According to Odaily, the on-chain yield stablecoin issuer Apyx, supported by Strategy's Stretch (STRC), has reached 1,000 protocol users. Apyx stated that on-chain digital credit yield is becoming dominant. (BitcoinTreasuries.NET)
Steakhouse Financial: Domain hit by phishing attack, users advised to stop interacting temporarily
Foresight News reports that the DeFi project Steakhouse Financial has tweeted that its team has discovered its domain (including its app and website) has suffered a phishing attack. Users are advised not to interact with the app until further notice. The incident does not involve any financial risk, contracts have not been affected, and all deposited assets remain safe. The issue may affect new users interacting with malicious websites, and the team is currently working to restore the frontend.
Foresight News reports that the DeFi project Steakhouse Financial has tweeted that its team has discovered its domain (including its app and website) has suffered a phishing attack. Users are advised not to interact with the app until further notice. The incident does not involve any financial risk, contracts have not been affected, and all deposited assets remain safe. The issue may affect new users interacting with malicious websites, and the team is currently working to restore the frontend.