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In Brief Bitwise filed for an ETF based on Hyperliquid's HYPE coin with the SEC. SEC delayed decisions on several other altcoin ETF applications. The cautious SEC approach fosters market uncertainty amid rising ETF applications.




Ethereum shows signs of a bottom with record-low RSI and funding. A sharp rebound could be next.Funding Rates Turn Deeply NegativeWhy Traders Are Going Long

TOTAL2 retests key support as altcoin market shows strength. Macro outlook remains positive despite short-term volatility.2024 ATH Retest: Natural Market BehaviorMacro Outlook: Still Bullish
- 11:11The current support rate for Lido's proposal on LDO buyback has reached 100%, with the deadline set for September 30.On September 26, according to the Snapshot page, Lido has launched the modular system proposal NEST regarding the use of stETH from the treasury to repurchase LDO, and voting is currently underway with a 100% approval rate. The deadline is September 30. The first practical version of this proposal is expected to go live in December 2025, paving the way for future buyback mechanisms. In addition, NEST is a module extension of STONKS, designed to simplify the exchange between stETH and LDO, with LDO automatically sent to the LidoDAO treasury. The proposal only covers the development of NEST, and activation will require a separate on-chain vote. If the proposal passes, further research, scheduling, and detailed design will follow. Core contributors will further discuss the buyback mechanism.
- 11:08A newly created wallet deposited 4.22 million USDC into HyperLiquid and opened short positions on BTC and XRP.According to Jinse Finance, on-chain analyst Onchain Lens has monitored that a newly created wallet deposited 4.22 million USDC into HyperLiquid and opened short positions worth over 155 million USD, including a 40x leveraged BTC short position and a 20x leveraged XRP short position.
- 10:52Aster's market share has surpassed Hyperliquid.Jinse Finance reported that according to Dune data, the 7-day average market share of perpetual contract platform Aster has surpassed Hyperliquid. Currently, Aster holds the top position with a 7-day average market share of 34.2%; Hyperliquid is at 21.7%; Lighter V2 at 16.6%; edgeX at 10.8%; and Paradex at 2.2%.