Latest news with #DeFi-native
Business Insider
4 days ago
- Business
- Business Insider
Pharos Network Joins Morpho to Launch Native Lending Infrastructure for Real-World Assets
Lending and borrowing on Pharos will soon be powered by Morpho, the most trusted lending network with $9B+ in total deposits. Pharos Network, a leading Layer 1 blockchain focused on RWAfi, is joining efforts with Morpho, the most trusted lending network with $9B+ in total deposits. The collaboration will bring a native version of Morpho's lending infrastructure to the Pharos mainnet. This alliance marks a foundational step toward building institutional-grade lending rails within the on-chain real-world asset (RWA) ecosystem. Morpho's deployment on Pharos will bring capital-efficient lending with isolated risks to RWA vaults, unlocking flexible credit markets for asset originators and liquidity providers. The integration anchors Morpho as the official lending infrastructure provider for Pharos and strengthens the broader RWAfi strategy alongside players like Ant Digital, R25, and Gauntlet. The collaboration provides both DeFi-native and institutional participants with transparent, modular tools for lending and credit risk modeling. 'For us, working together with Morpho is about building trust and composability at the core of RWAfi,' said Wish Wu, CTO and Co-Founder at Pharos. 'By integrating Morpho's lending infrastructure directly into our mainnet, we're laying the foundation for a more transparent and capital-efficient on-chain credit ecosystem. It enables us to support complex, institution-grade lending strategies while preserving the modularity and openness that define DeFi.' 'Deploying natively on Pharos allows us to keep extending Morpho's most trusted lending infrastructure to the real-world asset space following initial success like private credit and tokenized stocks,' said Kirk Hutchison, New Chains Growth at Morpho. 'Pharos' vision for RWAfi aligns with our commitment to transparent and scalable credit systems. Together, we are creating a powerful infrastructure for structured lending products, better risk pricing, and more accessible yield opportunities across both institutional and retail markets.' Morpho's protocol will power Pharos' upcoming vault launches and capital deployment frameworks. The first deployments will focus on institutional vault designs, enhanced by Pharos' presence across credit modeling, liquidity routing, and custody. The native integration was designed to support composability with Pharos' existing infrastructure and to enable robust experimentation around RWA yield structures, onboarding strategies, and capital matching algorithms. Pharos Network is designed to unify Web2 and Web3 assets and liquidity. Founded by the former leadership of AntChain, led by Alex Zhang (ex-CTO of Ant's blockchain group, ex-CEO of ZAN), the team includes pioneers from Ant Financial, Microsoft Research, and Stanford, with deep backgrounds in blockchain infra, formal verification, and ZK systems. The team built the infrastructure for Alipay and Asia's largest BaaS platform. Morpho is the most trusted onchain lending network with $9B+ in deposits. Businesses can connect to Morpho's open infrastructure to power any lending or borrowing use case at scale, including embedded crypto-backed loans and custom yield solutions. Contact CMO
Business Upturn
01-08-2025
- Business
- Business Upturn
Bitget Surges to 7.2% Global Derivatives Market Share, Ranks Top 3 Highlights Bitcoin.com Report
VICTORIA, Seychelles, Aug. 01, 2025 (GLOBE NEWSWIRE) — Bitget , the leading cryptocurrency exchange and Web3 company, today co-releases with an educational flagship titled 'Crypto Derivatives 101 – Market Breakdown: Who's Winning the Race?' designed to help newcomers navigate the fast-growing derivatives market, the guide also highlights Bitget's leadership as its market share doubles to 7.2% in 2025, up from 4.6% year‑to‑date. As detailed in the newly released report, Bitget has emerged as the third-largest derivatives exchange globally by trading volume. In April 2025 alone, the platform processed $92 billion in futures volume. Bitget's market share rose from 4.6% at the beginning of the year to 7.2%, placing it just behind Binance and OKX. While Binance continues to lead with a 38% share, Bitget's rapid ascent reflects both strong retail engagement and increasing institutional preference, particularly for ETH-based derivatives, where Bitget has surpassed Binance in liquidity within key trading ranges. 'We believe educational access is foundational,' said Gracy Chen, CEO at Bitget. 'Crypto derivatives have often been misunderstood or seen as overly complex, especially by new users. With this guide, we aim to change that. We want to make sure that both retail and institutional users feel empowered to understand, navigate, and leverage the powerful tools available to them. Bitget is proud to be leading this industry with a user-first approach, backed by AI-powered tools, liquidity innovations, and a commitment to transparency and accessibility.' The Crypto Derivatives 101 report serves as a practical, beginner-friendly guide to understanding how derivatives work and why they matter in today's markets. It breaks down core instruments such as futures, options, and perpetual swaps, while explaining how these tools are used for hedging, speculation, and arbitrage. A standout feature of the report is a comprehensive comparison of centralized (CEX) and decentralized (DEX) perpetual markets, weighing factors like liquidity, slippage, fees, execution speed, and custody. Bitget, Binance, and OKX are shown to lead in areas like liquidity depth and institutional readiness, while platforms like GMX and Hyperliquid offer unmatched transparency and self-custody for DeFi-native users. The report also includes real-world trading scenarios that help readers understand which platform type is better suited to their goals. For example, a retail trader managing small-cap positions may benefit from Bitget's intuitive UI, low fees, and fiat on-ramps. In contrast, DeFi-native users seeking anonymity and composability may prefer permissionless DEXs. Institutions executing large block trades are shown to favor CEXs like Bitget for better capital efficiency, risk management tools, and regulatory compliance. These case studies ground the content in real-world decision-making and make the guide actionable for new users. 'The crypto industry has come a long way in terms of legitimacy, but education remains a key barrier,' said Eli Bordun, Partnership Director of . 'This report breaks down step-by-step how the modern crypto markets function. Derivatives are often seen as tools for professionals — but they're increasingly relevant for everyday users, DAOs, and even traditional financial players exploring the space. By working with Bitget to produce this report, we aim to demystify these instruments and support safe, informed participation in the market.' The report also highlights emerging trends set to shape the next era of crypto derivatives. One key theme is the rise of tokenized real-world assets (RWAs), which are increasingly being integrated into derivatives products and yield strategies. Another is the expansion of AI-powered trading platforms, which are revolutionizing how both retail and institutional users manage portfolios, select strategies, and mitigate risk. Regulatory clarity is also improving, with frameworks like the EU's MiCA and Singapore's MAS paving the way for responsible innovation. Finally, the report explores the evolution of CeDeFi (Centralized-Decentralized Finance) models, where platforms like Bitget offer the best of both worlds: secure custody and intuitive UX alongside permissionless asset access and DeFi integration. With this report, Bitget and reaffirm their shared commitment to building a more inclusive crypto trading environment. As derivatives become increasingly central to digital finance, Bitget is positioned not only as a market leader — but as a bridge between the next generation of users and the tools that will define their financial future. For more information, please see the full report here . About Bitget Established in 2018, Bitget is the world's leading cryptocurrency exchange and Web3 company. Serving over 120 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price , Ethereum price , and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a leading non-custodial crypto wallet supporting 130+ blockchains and millions of tokens. It offers multi-chain trading, staking, payments, and direct access to 20,000+ DApps, with advanced swaps and market insights built into a single platform. Bitget is driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World's Top Football League, LALIGA, in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency. Aligned with its global impact strategy, Bitget has joined hands with UNICEF to support blockchain education for 1.1 million people by 2027. In the world of motorsports, Bitget is the exclusive cryptocurrency exchange partner of MotoGP™ , one of the world's most thrilling championships. For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet For media inquiries, please contact: [email protected] Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use . A photo accompanying this announcement is available at Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash
Hamilton Spectator
01-08-2025
- Business
- Hamilton Spectator
Bitget Surges to 7.2% Global Derivatives Market Share, Ranks Top 3 Highlights Bitcoin.com Report
VICTORIA, Seychelles, Aug. 01, 2025 (GLOBE NEWSWIRE) — Bitget , the leading cryptocurrency exchange and Web3 company, today co-releases with an educational flagship titled 'Crypto Derivatives 101 – Market Breakdown: Who's Winning the Race?' designed to help newcomers navigate the fast-growing derivatives market, the guide also highlights Bitget's leadership as its market share doubles to 7.2% in 2025, up from 4.6% year‑to‑date. As detailed in the newly released report, Bitget has emerged as the third-largest derivatives exchange globally by trading volume. In April 2025 alone, the platform processed $92 billion in futures volume. Bitget's market share rose from 4.6% at the beginning of the year to 7.2%, placing it just behind Binance and OKX. While Binance continues to lead with a 38% share, Bitget's rapid ascent reflects both strong retail engagement and increasing institutional preference, particularly for ETH-based derivatives, where Bitget has surpassed Binance in liquidity within key trading ranges. 'We believe educational access is foundational,' said Gracy Chen, CEO at Bitget. 'Crypto derivatives have often been misunderstood or seen as overly complex, especially by new users. With this guide, we aim to change that. We want to make sure that both retail and institutional users feel empowered to understand, navigate, and leverage the powerful tools available to them. Bitget is proud to be leading this industry with a user-first approach, backed by AI-powered tools, liquidity innovations, and a commitment to transparency and accessibility.' The Crypto Derivatives 101 report serves as a practical, beginner-friendly guide to understanding how derivatives work and why they matter in today's markets. It breaks down core instruments such as futures, options, and perpetual swaps, while explaining how these tools are used for hedging, speculation, and arbitrage. A standout feature of the report is a comprehensive comparison of centralized (CEX) and decentralized (DEX) perpetual markets, weighing factors like liquidity, slippage, fees, execution speed, and custody. Bitget, Binance, and OKX are shown to lead in areas like liquidity depth and institutional readiness, while platforms like GMX and Hyperliquid offer unmatched transparency and self-custody for DeFi-native users. The report also includes real-world trading scenarios that help readers understand which platform type is better suited to their goals. For example, a retail trader managing small-cap positions may benefit from Bitget's intuitive UI, low fees, and fiat on-ramps. In contrast, DeFi-native users seeking anonymity and composability may prefer permissionless DEXs. Institutions executing large block trades are shown to favor CEXs like Bitget for better capital efficiency, risk management tools, and regulatory compliance. These case studies ground the content in real-world decision-making and make the guide actionable for new users. 'The crypto industry has come a long way in terms of legitimacy, but education remains a key barrier,' said Eli Bordun, Partnership Director of . 'This report breaks down step-by-step how the modern crypto markets function. Derivatives are often seen as tools for professionals — but they're increasingly relevant for everyday users, DAOs, and even traditional financial players exploring the space. By working with Bitget to produce this report, we aim to demystify these instruments and support safe, informed participation in the market.' The report also highlights emerging trends set to shape the next era of crypto derivatives. One key theme is the rise of tokenized real-world assets (RWAs), which are increasingly being integrated into derivatives products and yield strategies. Another is the expansion of AI-powered trading platforms, which are revolutionizing how both retail and institutional users manage portfolios, select strategies, and mitigate risk. Regulatory clarity is also improving, with frameworks like the EU's MiCA and Singapore's MAS paving the way for responsible innovation. Finally, the report explores the evolution of CeDeFi (Centralized-Decentralized Finance) models, where platforms like Bitget offer the best of both worlds: secure custody and intuitive UX alongside permissionless asset access and DeFi integration. With this report, Bitget and reaffirm their shared commitment to building a more inclusive crypto trading environment. As derivatives become increasingly central to digital finance, Bitget is positioned not only as a market leader — but as a bridge between the next generation of users and the tools that will define their financial future. For more information, please see the full report here . About Bitget Established in 2018, Bitget is the world's leading cryptocurrency exchange and Web3 company. Serving over 120 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price , Ethereum price , and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a leading non-custodial crypto wallet supporting 130+ blockchains and millions of tokens. It offers multi-chain trading, staking, payments, and direct access to 20,000+ DApps, with advanced swaps and market insights built into a single platform. Bitget is driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World's Top Football League, LALIGA, in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency. Aligned with its global impact strategy, Bitget has joined hands with UNICEF to support blockchain education for 1.1 million people by 2027. In the world of motorsports, Bitget is the exclusive cryptocurrency exchange partner of MotoGP™ , one of the world's most thrilling championships. For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet For media inquiries, please contact: media@ Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use . A photo accompanying this announcement is available at
Yahoo
15-07-2025
- Business
- Yahoo
SafePal and 1inch to Give Away Hardware Wallets to Boost DeFi Security
Crypto wallet provider SafePal and decentralized exchange (DEX) aggregator 1inch announced a free hardware wallet giveaway to reward active decentralized finance (DeFi) users while sidestepping the common pitfalls of token airdrops. The program will distribute 300 limited-edition, co-branded hardware wallets to participants who use 1inch within SafePal's mobile wallet swap aggregator, the companies said Monday. Unlike conventional airdrops — often gamed by automated bots and opportunistic users — this campaign intends to target committed, self-custody-focused participants. 'Token airdrops tend to inflate metrics without long-term engagement,' said SafePal CEO Veronica Wong. 'Walletdrops like this favor DeFi-native users and reinforce security best practices.' The move comes as decentralized exchanges gain ground, accounting for a record 30% of global crypto spot trading volume in June, according to The Block. That market share signals growing user interest in permissionless, peer-to-peer trading options over centralized exchanges. SafePal said it is continuing to expand its product line, having recently upgraded the hardware wallets' security chips and adding new blockchain integrations. It also introduced SafePal Mini, a Telegram-based wallet, and revamped its yield aggregator with staking support for networks like Solana. For 1inch, which connects to both decentralized and centralized liquidity sources across over 200 blockchains, the partnership doubles as a push to reaffirm the importance of self-custody in an industry still reeling from past centralized exchange failures. 'As DeFi scales, reinforcing user-owned asset management is critical,' said 1inch co-founder Sergej Kunz. Sign in to access your portfolio
Yahoo
24-05-2025
- Business
- Yahoo
CFTC's Plans for Crypto Perpetual Trading Puts Focus on Hyperliquid's HYPE
Hyperliquid's native token, HYPE, jumped 15% on Thursday, outperforming the broader crypto market, after the team said it submitted formal responses to the U.S. Commodity Futures Trading Commission (CFTC) regarding proposed regulation of perpetual swaps and 24/7 crypto trading. In an X post early Friday, Hyperliquid Labs said it filed two comment letters supporting the CFTC's proactive stance and urging regulators to embrace decentralized finance (DeFi) frameworks as a path to building safer, more efficient financial products. The submission marks a rare instance of a DeFi-native protocol engaging directly with U.S. regulators, signaling both rising maturity in the sector and growing urgency around shaping favorable policy frameworks. 'We believe that Hyperliquid exemplifies how core DeFi principles can be put into practice to enhance market efficiency, integrity, and user protection,' the team wrote. 'Supporting DeFI in the U.S. with open dialogue and a clear regulatory framework is an opportunity to ensure the U.S. remains a leader in financial innovation while robustly protecting users.' The CFTC had requested public input on how to approach crypto derivatives in a round-the-clock trading environment. Hyperliquid — which runs its own high-performance, level-1 blockchain and supports permissionless perpetual trading — framed its submission as a case study in how decentralized infrastructure can meet, and potentially exceed, the standards of traditional markets. With on-chain volumes surging and whales like 'James Wynn' placing billion-dollar positions on Hyperliquid, as reported Thursday, attention around the protocol is intensifying and traders are betting that early regulatory engagement could further legitimize HYPE's long-term upside. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
