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2024-10-12 09:30:00 ~ 2024-10-17 07:30:00
2024-10-17 12:00:00
According to ChainCatcher, as reported by The Block, the deBridge Foundation has launched a reserve fund, allocating 100% of protocol revenue to purchase its native token DBR on the open market.
According to ChainCatcher, citing token unlock data from the Web3 asset data platform RootData, deBridge (DBR) will unlock approximately 66.833 million tokens, valued at around $13.49 million, at 00:00 on July 15 (GMT+8).
Zilliqa blockchain network has officially moved from version 1.0 to 2.0, a protocol upgrade that restructures the blockchain’s architecture. According to a press release shared with crypto.news, the update introduces Ethereum Virtual Machine (EVM) compatibility, a new Proof-of-Stake consensus model, and infrastructure designed to support institutional use cases. The roll out follows a six-month test phase involving 21 external validators. During this period, the proto-mainnet processed 7.5 million blocks and completed 15 client upgrades. Key features of the upgrade include modular components that allow for greater network flexibility and future scalability. The update also introduces support for tokenized assets, verifiable smart contracts, and compliance-aligned DeFi infrastructure. With EVM compatibility now in place, developers can deploy Ethereum-native applications on Zilliqa without significant changes. The platform also adds customizable shards, cross-chain communication, light client support, and updated staking mechanics. The new staking system is designed to streamline validator onboarding and offers early incentives for users who migrate from Zilliqa 1.0. This is part of a broader shift intended to transition liquidity to the upgraded network while maintaining performance. Zilliqa’s roadmap includes future additions such as smart accounts and zero-knowledge features, with aims to support digital identity, programmable assets, and privacy-preserving compliance tools. Initial projects building on Zilliqa 2.0 span areas like tokenized assets, regulated DeFi, and fintech infrastructure. Early integrations include partnerships with LTIN and deBridge, which plans to bring native USDC to the network. Under 1.0, the network experienced periods of instability, including validator bugs and service outages. According to the team, the upgraded version offers a more modular and fault-tolerant architecture to address technical limitations and improve overall network reliability. Commenting on the upgrade, Zilliqa interim CEO Alexander Zahnd emphasized the importance of the transformation. “We’re building the blockchain institutions can trust without compromising on the speed, flexibility, or openness that brought us here in the first place. The next era of blockchain won’t be built on hype. It’ll be built on trust, transparency, and technical excellence. That’s what Zilliqa 2.0 stands for”, he said.
according to official sources, its DBR token airdrop and LFG Treasury token are now available for claiming. Users who participated in the LFG Launch and meet the airdrop criteria can claim the DBR token on the deBridge Foundation official website. It is worth noting that the deadline for claiming the airdrop and LFG token is 08:00 on May 17th (UTC).
Odaily reports that according to official information, the governance token DBR from deBridge is now available for claiming. Users who participated in the LFG launch and meet the airdrop conditions can claim the DBR tokens on the deBridge Foundation's official website. The deadline for claiming the airdrop is May 17, 16:00 (UTC+8).
According to ChainCatcher, according to official news from RootData, 33 tokens will be unlocked at one time from April 14 to April 20. Among them, TRUMP, QAI, ARB, OMNI and DBR unlocked more than 20 million US dollars: DBR will unlock more than 1.048 billion tokens on April 15, with an unlocked value of 22.39 million US dollars, accounting for 10.48% of the circulation; ARB will unlock more than 123 million tokens on April 16, with an unlocked value of 33.56 million US dollars, accounting for 1.24% of the circulation; OMNI will unlock more than 15.9691 million tokens on April 17, with an unlocked value of 31.22 million US dollars, accounting for 15.87% of the circulation; QAI will unlock more than 593,100 tokens on April 18, with an unlocked value of 52.49 million US dollars, accounting for 5.93% of the circulation; TRUMP will unlock 40 million tokens on April 19, with an unlocked value of more than 3.12 $ 312 million, accounting for 4% of the circulation. It is worth noting that TRUMP topped the list with an unlocked value of $ 312 million and fell by 22.98% in the past 7 days.
On February 13th, it was officially announced that deBridge has achieved deep technical integration with the IP blockchain Story Protocol. As the ninth on-chain ecosystem to access deBridge's interoperability as a service (IaaS), Story Protocol will directly obtain high-concurrency cross-chain asset transfer, authentication message transmission, and decentralized asset custody capabilities, achieving seamless interaction with 17 chains such as Solana and Ethereum. At the same time, according to the public data released by Alex, co-founder of deBridge today, the picture shows that the total non-custodial cross-chain transaction volume of the platform has exceeded 84 million US dollars recently, with more than 8,000 independent users and on-chain transaction fee income reaching 74,000 US dollars. The daily average transaction volume in the past two weeks has continued to reach a new high. The fundamentals may provide long-term value support for $DBR. At the same time, developers can build cross-chain IP asset management tools in the Story ecosystem based on the underlying facilities of deBridge. Users can also directly apply for ASR voting incentives through aggregators such as Jupiter. The deBridge team emphasizes that the IaaS model significantly reduces the threshold for cross-chain development of new chains by standardizing liquidity, messaging, and asset custody modules. Currently, Story users can deeply couple their on-chain IP assets with external DeFi and NFT markets through a near-zero slippage instant settlement protocol. With the open collection of Q4 community proposal voting rewards (ASR), the governance weight and on-chain active level of DBR holders will continue to affect the allocation of ecological incentives. This integration may provide infrastructure support for encrypted native IP monetization, and deBridge's technical accumulation and user base in the cross-chain track are becoming its core competitiveness in building a "decentralized interoperability layer".
Odaily Planet Daily reports that according to Defillama data, deBridge has reached a cross-chain settlement volume of 56.13 million US dollars in 24 hours, ranking first among all cross-chain bridges on the entire network.
On February 6th, deBridge announced its official support for Berachain, further promoting its cross-chain interoperability solution. Through IaaS (Infrastructure as a Service) services, Berachain has seamlessly integrated with deBridge's 16 support chains, providing users with efficient and secure cross-chain liquidity. It is reported that the core advantage of deBridge is: Efficient cross-chain bridging: Berachain users can instantly transfer assets to other chains, ensuring fast settlement and deep liquidity, while avoiding slippage and MEV attacks. Decentralized information transmission: supports cross-chain secure message transmission, ensuring that data exchange between different blockchains is not controlled by trusted parties. DePort provides secure custody for cross-chain assets, ensuring the security and reliability of assets during migration. Through this integration, deBridge not only enhances its own cross-chain liquidity, but also further consolidates its important role as a cross-chain infrastructure, promoting the growth and development of Berachain and other ecosystems, and striving for mutual benefit and win-win results.
Offchain Labs, the development company behind Arbitrum , has unveiled plans for a new cross-chain communication system. The "universal intent engine" aims to enable token transfers across different blockchain networks in under three seconds. The system will initially focus on facilitating transfers between Arbitrum-based chains and other Ethereum Virtual Machine (EVM) compatible networks. Users will be able to initiate complex cross-chain actions through a single wallet prompt. The development team has scheduled the initial launch for the end of the first quarter 2024. "The universal intents engine we're building with the community is going to redefine what interoperability looks like," Ed Felten, co-founder of Offchain Labs, told reporters. The engine introduces a novel approach to cross-chain operations. It broadcasts "intents" - digital orders where users specify desired outcomes rather than execution steps. These intents are then fulfilled by third-party solvers who compete to provide optimal execution rates and swift transfer times. This development positions Arbitrum in direct competition with established cross-chain protocols. Existing players include Across, deBridge, Synapse, and others. Meanwhile, Optimism, Arbitrum's primary competitor, is developing its own interoperability system for Layer 2 chains within its Superchain ecosystem. The technology will serve as a connectivity layer for the broader blockchain ecosystem. It specifically targets asset transfers and cross-chain swaps between Arbitrum ecosystem chains and other EVM-compatible Layer 2 networks. Offchain Labs has outlined an ambitious roadmap for the project. While basic functionality is expected in the first quarter, more advanced cross-chain operations are planned for deployment by the third quarter of 2024. The system will enable users to define specific intents while a network of solvers competes to fulfill these requirements efficiently. The price of Arbitrum's native token ARB showed a 2.38% decline following the announcement. Disclaimer: The information provided in this article is for educational purposes only and should not be considered financial or legal advice. Always conduct your own research or consult a professional when dealing with cryptocurrency assets.
Recently, the cross-chain interoperability protocol deBridge (DBR) technology has been frequently integrated, and has successively connected to the investment management platform Amasa and the developer tool AgentiPy to further expand the application of multi-chain scenarios. According to Amasa's official disclosure, its application has integrated deBridge's cross-chain exchange function. Users can directly complete multi-chain asset exchange in the Amasa Beta version and deposit funds into an automated investment portfolio with one click. The Amasa team stated that deBridge was chosen mainly for its efficient liquidity routing and low-latency settlement capabilities, and the relevant functions have entered the user testing phase. On the other hand, AgentiPy, a toolkit focused on Python development, announced a partnership with deBridge. By adding a create_debridge_transaction interface, developers can add cross-chain operation modules to their intelligent agents. AgentiPy stated that this integration aims to reduce the threshold for multi-chain development and may promote more automation tools to support cross-chain interaction in the future. Although the recent technical integration of deBridge did not directly involve token mechanism adjustments, its presence in liquidity routing and power builder chains has significantly increased. In addition, data such as on-chain transaction volume and new users continue to be eye-catching, and deBridge is quietly building differentiation barriers. Perhaps, when market attention is still focused on top protocols, the token space of such dark horse projects will gradually emerge in the ripples of ecological expansion.
Recently, the interoperability protocol deBridge ($DBR) announced the completion of technical integration with the zero-knowledge proof Layer 2 network Cronos zkEVM, further expanding its cross-chain ecological capabilities. Cronos zkEVM is based on the ZK-Rollup architecture and achieves asset interoperability with public chains such as Ethereum and BNB Chain through deBridge's "Infrastructure as a Service (IaaS) ". This cooperation will optimize the transaction throughput and privacy protection capabilities of Cronos zkEVM, and with the help of deBridge's liquidity protocol, users can directly complete efficient and low-cost cross-chain asset transfer, solving interaction bottlenecks in multi-chain scenarios. On a technical level, deBridge provides standardized cross-chain routing and settlement services for Cronos zkEVM, supporting developers to build trustless multi-chain DeFi applications. Cronos zkEVM's zero-knowledge proof technology compresses on-chain verification data, reduces storage costs, and collaborates with deBridge's interoperable network to provide infrastructure support for high-concurrency, low-latency DeFi application scenarios. The simultaneously open GOAT SDK developer toolchain has become another key development in the ecosystem. The tool integrates multi-chain data aggregation, intelligent routing optimization, bridging order automation execution, and transaction status monitoring functions, covering the entire process of cross-chain development. Developers can now quickly deploy cross-chain applications by calling the interface through the GitHub open source library. The official technical documents have been fully updated, providing a complete guide from basic token query to advanced security verification, significantly reducing the development threshold. With the expansion of the ecosystem, the functional value of DBR tokens is further highlighted. The integration of Cronos zkEVM and the opening of GOAT SDK may drive the actual demand growth of DBR. Its consumption mechanism is directly related to the active level of the ecosystem, and market funds remain concerned.
On January 23rd, deBridge officially announced that since last Friday, the deBridge team has launched a comprehensive acceleration mode, working with Solana and HyperLiquidX to absorb liquidity. In just 5 days, deBridge's trading volume has almost reached 10% of its historical total. This significant growth not only highlights the platform's market appeal, but also marks the important position of cross-chain protocols in the current DeFi ecosystem. The data chart shows that the trading volume of deBridge has grown rapidly in January, especially over the weekend when the platform set a record of $202 million in daily trading volume. Solana alone contributed over $100 million in inflows. This surge in trading activity demonstrates the important role of deBridge as a bridging protocol and accelerates the flow of funds between different chains. Currently, deBridge is steadily advancing according to its established goals and is expected to break through the $1 billion trading volume barrier within this week, continuing to promote the development of the DeFi industry. With the increasing demand for cross-chain bridging in the market, deBridge not only demonstrated its technical strength, but also further consolidated its leading position in the industry.
Gary Gensler only officially stepped down as chairman of the U.S. Securities and Exchange Commission (SEC) yesterday, but the federal agency’s approach to crypto is already getting an overhaul. Acting Chair Mark Uyeda announced Tuesday that the agency has created a crypto task force dedicated to “developing a comprehensive and clear regulatory framework for crypto assets.” The task force will be led by Commissioner Hester Peirce, a long-time advocate for the crypto industry, and will work closely with the crypto industry to develop regulations. The task force will also work with Congress, providing “technical assistance” as it crafts crypto regulations. Both the tone and content of the SEC’s Tuesday announcement indicate a radical shift in the agency’s approach to crypto regulation under the new Trump administration. “To date, the SEC has relied primarily on enforcement actions to regulate crypto retroactively and reactively, often adopting novel and untested legal interpretations along the way,” the statement said. “Clarity regarding who must register, and practical solutions for those seeking to register, have been elusive. The result has been confusion about what is legal, which creates an environment hostile to innovation and conducive to fraud. The SEC can do better.” The SEC’s new crypto task force will also coordinate with the Commodity Futures Trading Commission (CFTC) – which, under the leadership of former Chair Gensler and former CFTC Chairman Rostin Behnam, has been locked in competition with the SEC over which agency should be the primary regulator of the crypto industry. “This undertaking will take time, patience, and much hard work. It will succeed only if the Task Force has input from a wide range of investors, industry participants, academics, and other interested parties. We look forward to working hand-in-hand with the public to foster a regulatory environment that protects investors, facilitates capital formation, fosters market integrity, and supports innovation,” said Commissioner Peirce in a statement. Source: CoinDesk Futures Market Updates Funding rates are no longer over-bullish, and the Long/Short ratio is now at more balanced levels. Bitcoin Futures Updates Total BTC Open Interest: $69.02B (+2.05%) BTC Volume (24H): $106.50B (-50.97%) BTC Liquidations (24H): $23.24M (Long)/$42.45M (Short) Long/Short Ratio: 50.57%/49.43% Funding Rate: 0.0069% Ether Futures Updates Total ETH Open Interest: $31.25B (+1.62%) ETH Volume (24H): $35.51B (-55.78%) ETH Liquidations (24H): $13.56M (Long)/$10.58M (Short) Long/Short Ratio: 49.60%/50.40% Funding Rate: 0.0098% Top 3 OI Surges VTHO: $18.47M (+3,927.40%) KDOGS: $704.09K (+361.98%) DBR: $14.10M (+214.19%)
The cross-chain protocol deBridge posted on platform X, stating that the amount of cross-chain transactions in deBridge exceeded 100 million US dollars in 24 hours, temporarily reported as 107 million US dollars. The vast majority of these funds are from Ethereum cross-chained to Solana.
Recently, deBridge has successfully partnered with Gnosis Pay to launch a new feature that allows users to recharge their cards directly using the deBridge service through the Gnosis Pay Dashboard. This innovative integration allows users to easily exchange cryptocurrency for euros (EUR) or pounds sterling (GBP) and seamlessly recharge Gnosis Pay cards, enhancing the User Experience. Key steps : 1. Log in to the Gnosis Pay Dashboard, click "Add Funds" and select the "Swap tokens via deBridge" option. 2. Read and confirm the service agreement to ensure that you understand that this service is supported by deBridge. 3. Select the cryptocurrency to be exchanged and the type of fiat currency to be received (EUR or GBP). 4. Connect the wallet (supports Metamask, Phantom, Coinbase, etc.), confirm the transaction and complete the payment. Through this deep integration with deBridge, Gnosis Pay users can easily convert cryptocurrency to fiat currency without worrying about complex exchange processes, and easily recharge cards. Special Offers : To celebrate this integration, deBridge users can receive a 100% discount and a 10 euro reward through the exclusive promotion code "debridge". The cooperation between deBridge and Gnosis Pay not only simplifies the exchange process between cryptocurrency and fiat currency, but also helps users to use cryptocurrency for payment more conveniently in daily life. Through deBridge's powerful cross-chain bridging function, users will enjoy a more convenient recharge experience and promote the closer integration of cryptocurrency and the real economy.
Last updated: January 7, 2025 13:17 EST Hyperliquid highlighted key milestones in 2024, including reaching $15 billion in daily trading volume and expanding its user base ninefold to 300,000 users. According to a post by Hyper Foundation , the decentralized exchange attributed its rapid growth and ecosystem expansion to updates such as the HyperBFT consensus, HIP token standards, and staking features. Hyperliquid’s Exponential Growth in 2024 Hyperliquid experienced growth in 2024, with its 24-hour all-time high (ATH) trading volume climbing from $1 billion to $15 billion. This major increase in trading activity was accompanied by growth in other metrics, highlighting Hyperliquid’s expanding market presence. Hyperliquid started 2024 as a barely-known perp dex and ended the year as one of the largest decentralized financial hubs, processing billions in volume per day with a thriving ecosystem of builders, traders, and community members. Thank you to everyone who came together for a… pic.twitter.com/GgmlsiW4mg — Hyperliquid (@HyperliquidX) January 7, 2025 Open interest rose from $178 million to $4.3 billion, while total value locked (TVL) climbed from $56 million to $2.1 billion. Additionally, the exchange’s user base expanded from 31,000 to 300,000, marking a ninefold rise. Hyperliquid also supported 158 perpetual trading pairs and 128 native spot assets, generating over $3.5 million in daily revenue from trading fees and spot auctions. These achievements were underpinned by the introduction of staking mechanisms and native token standards, including HIP-1 and HIP-2, which streamlined token usage across its platform. Ecosystem Expansion Through New Features in 2024 Throughout 2024, Hyperliquid launched new features and integrations that strengthened its ecosystem. Third-party platforms, including Synapse, deBridge, and DEX Screener, bolstered interoperability and trading tools within Hyperliquid’s ecosystem. Projects launched on Hyperliquid during the year included applications like HypurrScan, which allows users to analyze blockchain data, and HypurrFun, a platform for trading and creating meme coins . Community-driven initiatives, such as Hyperliquid KR and HyperActive, further contributed to regional expansion and outreach efforts. “All of this was achieved without taking any external funding and giving all trading fees to the community,” Hyper Foundation stated in its post. “Thank you to everyone who came together for a record-breaking 2024.”
DBR operation suggestions from the perspective of Chan theory Trading viewpoint: Long position: When the price pulls back to around 0.034, the volume shrinks or there is a divergence in the indicators, take a light long position with a target of 0.040. After breaking through, look towards 0.050-0.057. Short selling point: When the price falls below 0.034 and is accompanied by a lift DNU, short the market with a target of 0.030. Defense and stop loss: Bullish defense is set at 0.033, bearish defense is set at 0.041. I. Trend breakdown: from main uptrend to oscillation consolidation DBR launched a strong main upward trend at the low point in October, and the price climbed all the way from the low point to the high point of 0.05713 in early December. This upward momentum was sufficient, but the short-term increase was too large, leading to the rapid exhaustion of bullish forces. Subsequently, the price entered a correction period and is currently running in the oscillation range of 0.034-0.040. From the perspective of the Chan theory, the current trend has entered a typical "central construction" stage. The central point is the game area of the market's bulls and bears, where prices fluctuate and consolidate, and the market sentiment tends to be wait-and-see. The center of gravity price of the central point is roughly at 0.036, which is the core observation point of the current stage. II. The significance and key points of the central interval 1. Central definition and location: The upper resistance level is 0.040, which is a key point that the bulls need to overcome in the short term. After breaking through, it is expected to form a new round of rise. Lower support level: 0.034, which is the current strong support area. If the price falls below, the bearish force may further strengthen. 2. Volume guidance: Shrinking trading volume: Currently, the trading volume is gradually shrinking, indicating that the market is in a wait-and-see state. Lift DNU Breakthrough: If the price breaks through the upper edge of the center with the lift DNU (0.040), it means that the bulls are taking the initiative and the price has the opportunity to further rise. III. Operational advice: How to seize trading opportunities 1. Short-term strategy: Long position conditions: If the price falls back to around 0.034, and the trading volume shrinks or there is a divergence in the indicators (such as a bottom divergence in MACD), you can enter the market with a light position, and the target is to look at the upper edge of the center at 0.040. After the breakthrough, you can add positions to chase long positions, and the target is further seen to be 0.050-0.057. Short selling conditions: If the price falls below 0.034 and is accompanied by a lift DNU, you can short with the trend, with the target at 0.030. However, it should be noted that the rebound after the fall may be faster, and the stop loss is recommended to be set above 0.035. 2. Mid-term strategy: Conduct band operations within the range of 0.034-0.040, buy low and sell high. Wait for the direction to be clear, and then adjust the holding strategy according to the breakthrough or fall. 3. Risk control: Bullish defense: If the price falls below 0.033, stop loss and exit immediately to avoid further losses. Bearish defense: If the price stabilizes above 0.041, stop loss in time. IV. Possibility of future trends: from shock to breakthrough 1. Short-term fluctuations continue: The current market trading volume is at a low level, and there is a strong wait-and-see sentiment. Without new funds or news pushing, the price may continue to fluctuate within the range of 0.034-0.040. 2. Possibilities after the breakthrough: If the price breaks through 0.040 with increased trading volume, it can be confirmed that the bulls are dominant, and the price is expected to quickly break through 0.050, or even the previous high of 0.057. Breaking scenario: If the price falls below 0.034 and lifts the DNU, bearish forces will dominate the market, and the price may further explore 0.030. 3. Triggers for market sentiment: The market needs a catalyst to break the current volatile pattern, such as new progress in projects or the transfer of market hotspots. V. Summary and Reminder The current trend of $DBR has entered a critical oscillation range. Short-term investors can operate around the range of 0.034-0.040, focusing on changes in trading volume and breakthroughs in the upper and lower edges of the central axis. Whether going long or short, it is recommended to strictly implement stop loss and maintain good risk control habits. The market is full of uncertainty, but precisely because of this, more possibilities have emerged.
Doubler announced on X that the snapshot of DBR-10x option tokens has been completed, and the $DBR airdrop data has been updated at a 1:10 ratio. Users can view detailed information on the airdrop page and claim tokens from 7:00 (UTC). In addition, the activity to lock TWO tokens to qualify for an airdrop will end at 12:00 (UTC) on December 30th, any transfers after this will be considered invalid.
On December 23rd, deBridge co-founder Alex showcased his latest cross-chain technology achievements through social media - achieving fast cross-chain operations from "VIRTUAL" to "Fartcoin" in just 1 second through deBridge. This not only demonstrates deBridge's leading strength in the field of cross-chain technology, but also further enhances users' efficiency experience in cross-chain transactions. Meanwhile, deBridge is accelerating its layout in the global market. The successful listing of the $DBR token on Bithumb, a top Korean exchange, has provided a new opportunity for it to attract a large amount of Korean capital flow. The Korean market has always been known for high-frequency speculation, and this launch is expected to attract capital attention, significantly increase trading volume, and drive up prices. In addition, since the publication of the $DBR token, the user engagement rate and ecological activity data of the protocol have steadily increased, and the continuous promotion of cooperation with Hyperliquid and others has injected new impetus into its ecological development. In just 25 days, deBridge's trading volume exceeded $1 billion, becoming another strong proof of its ecological success. In the future, deBridge will continue to innovate and empower token prices.
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