Pantera Capital said Hyperliquid’s potential addressable market could total about $10 trillion in daily notional trading volume, spanning 0DTE options and leveraged ETF activity, commodity derivatives, and largely off-chain FX derivatives. According to ChainCatcher, Pantera’s breakdown includes about $200 billion in 0DTE options and leveraged ETF trading, about $2 trillion in commodity derivatives trading, and about $8 trillion in FX derivatives trading that it said is currently mostly not on-chain. Pantera said if Hyperliquid can consistently capture a low single-digit share of that combined volume, its revenue potential could be about five times its current level. The firm also provided a scenario analysis assuming the HIP-3 market reaches $36,500 trillion in annualized notional volume and Hyperliquid captures a 1% share. Under assumptions of a 2-basis-point blended fee rate and a 50% Hyperliquid economic split, Pantera estimated Hyperliquid could generate about $3.7 billion in revenue. Pantera added that regulation is Hyperliquid’s biggest risk. It noted that perpetual contracts are not yet fully available in the United States, and said that if the U.S. moves to legalize such products and list them on regulated platforms, Hyperliquid could face stronger competition and some U.S. user trading volume could shift to compliant venues. Pantera also said Hyperliquid could eventually launch a regulated version for the U.S. market, similar to other platforms.

Thailand approved a 23 billion baht ($688 million) investment by Nestle Thai Co. to build a smart factory and distribution center, according to Bloomberg. The project supports Thailand’s push to become a regional hub for food and beverage manufacturing.

Zuckerberg is building prediction markets, yet they are still viewed as gambling in Asia. Do you really understand prediction markets?

Ethereum spot exchange-traded funds (ETFs) recorded $70.4773 million in total net inflows yesterday, according to SoSoValue data. According to NS3.AI, Fidelity’s FETH posted the largest single-day net inflow among the products, totaling $69.2086 million. The data indicates that most of the day’s net inflows into Ethereum spot ETFs were concentrated in Fidelity’s fund.

A wallet address made a single bet on Polymarket and later withdrew its profits after earning $1.22 million, according to Lookonchain monitoring. According to Odaily, the address created a new wallet on Polymarket, placed only one wager, and then exited after taking the gains.

China’s reflationary momentum showed signs of stalling in June, underscoring a fragile outlook for domestic prices as the economy emerges from deflation, according to Bloomberg. The easing of tensions over Iran led to a pullback in commodity costs, reducing a key support for reflation.

Google has updated its Chrome Web Store policies to ban extensions that enable real-money prediction market trading, with enforcement starting on 1 August 2026. Developers that fail to comply risk having their extensions removed from the Chrome Web Store.

Bitcoin fell below $62,000 on Wednesday after renewed conflict in the Middle East rattled global markets, with traders rushing to price in rising geopolitical risks after US President Donald Trump declared the Iran ceasefire was "over."

Ethereum co-founder Vitalik Buterin has criticized the European Union's renewed Chat Control proposal, arguing that mandatory message scanning would introduce significant cybersecurity risks in addition to undermining user privacy.

Compliance restructuring and industry outlook under the background of the implementation of the Interim Measures for the Administration of Humanized Interactive Services of Artificial Intelligence.

Tokenized real-world assets (RWAs) encompass government bonds, real estate, stocks, commodities, and private credit. While this sector is still relatively small in terms of traditional financial scale, its growth rate is extremely rapid.

The current US strategy aims to address the challenges of massive debt financing and de-dollarization. Gold, as an alternative asset, maintains its long-term appeal despite short-term fluctuations. Policymakers and investors alike need to be wary of the inherent tensions within the debt-dollar-gold triangle.

The European Commission has launched a sweeping Action Plan to turn AI into Europe's greatest cybersecurity asset — with independent oversight, secure testing infrastructure and major investment in homegrown AI capability.

The minutes of the Federal Reserve's June meeting showed that officials generally believed that further interest rate hikes would be necessary if inflation remained high this year. A growing number of officials also believed that the AI ​​investment boom could be a significant driver of persistently high inflation.

Hours after Trump announced the end of the US-Iran ceasefire agreement, the US military launched its second consecutive night of airstrikes, expanding the strikes to include missile and drone facilities. Iran threatened larger-scale retaliation and warned that it would close the Strait of Hormuz if attacked.