ZachXBT: LAB has plummeted 85% in 24 hours; trading this token is not recommended.
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Castle Labs: LIT surges over 80%, primarily driven by token economic updates and partnership with Robinhood.
PANews reported on July 7th that, according to Castle Labs, the Lighter ecosystem token LIT has surged by over 80% in the past 30 days. On June 30th, Lighter announced an updated token economic model, burning approximately 15.5 million LIT (6.3% of the total supply) repurchased with protocol revenue. Based on the current staking scale of 125 million LIT, the target annualized staking yield is 6%, with an expected annual allocation of 7.5 million LIT. Simultaneously, Lighter partnered with Robinhood Wallet, which will provide contract trading using USDG as the denominated asset through Lighter instances deployed on the Robinhood Chain.
EDGE shares surged over 48% in the last 24 hours, currently trading at $0.504.
According to Mars Finance, on July 8th, market data showed that EDGE surged over 48% in the past 24 hours, currently trading at $0.504.
Binance Wallet will support Base B20 token trading.
According to Foresight News , Binance Wallet will support trading of Base B20 tokens immediately upon their listing. Meanwhile, Meme Rush will support B20 token filtering and token tagging to help users discover tokens more quickly.
Mirae Asset's Hong Kong branch will launch a tokenized asset trading platform within three years, initially targeting Hong Kong clients.
According to a report by Straight News, Mirae Asset's Hong Kong branch plans to launch a tokenized asset trading platform within the next three years. This platform aims to convert existing investment assets and traditional financial assets into tokens for clients to trade. The company has recently expanded its business based on its newly launched trading platform, MAPS (Mirae Asset Portfolio Service), striving to transform from institutional business to a client-centric platform. Initially targeting Hong Kong clients, the platform's long-term goal is to establish a cross-regional trading architecture connecting South Korea and overseas markets.
Ondo Perps' public beta launch saw $100 million in trading volume within 24 hours.
Odaily Odaily that Ondo Perps achieved a trading volume of $100 million within 24 hours of its public beta launch, with thousands of traders participating since then. Built on Ondo Finance technology, Ondo Perps is a platform that allows users to directly use tokenized stocks and ETF holdings as margin for perpetual contracts, offering non-US investors up to 20x leverage and covering popular assets such as Tesla (TSLA), Nvidia (NVDA), and Apple (AAPL), as well as commodities like gold and silver.
Robinhood's Meme token CASHCAT has surpassed a market capitalization of $45 million, surging over 370% in 24 hours.
According to BlockBeats, on July 8th, GMGN monitoring showed that the market capitalization of Robinhood's on-chain meme token CASHCAT surpassed $45 million, a 24-hour increase of over 370%. The early mascot of Robinhood's US stock app was CASHCAT, later renamed Robinhood. On July 1st of this year, Robinhood launched its own L2 public chain, Robinhood Chain, focusing on on-chain finance and RWA. BlockBeats reminds users that meme tokens often have little intrinsic value and their prices are highly volatile; trading should be approached with caution.