Aster Trading Volume Hits $64 Billion, Outpacing HyperLiquid’s $7.6 Billion

Market Overview

  • Bitcoin rose by 5%, reaching $114,000 but settled around $112,800. Gold outperforms with 50% YTD returns at a high of $3,870. The dollar index falls below 98, favoring risk assets.
  • A U.S. government shutdown looms, possibly impacting crypto policy decisions.
  • AI and high-performance computing equities strengthen; Robinhood shares rose 12% after joining the S&P 500.
  • The CoinDesk 20 Index shows minimal September changes, with Ether down over 5% and Bitcoin up 4.5% for the month.

Events to Watch

  • Sept. 30: FTX begins a $1.6 billion creditor payout.
  • Sept. 30: Starknet starts BTC staking on mainnet.
  • U.S. economic reports and federal appropriations bill deadline on Sept. 30.

Token Activities

  • GnosisDAO voting on a proposal to create a $40,000 pilot fund, ending Oct. 1.
  • Sept. 30: Optimism unlocking 1.74% of supply ($20.46 million).
  • ZkVerify to be listed on Binance and other exchanges.

Derivatives Market

  • BTC futures open interest increased to $31 billion from $29 billion.
  • Funding rates on major exchanges indicate growing confidence in long positions.
  • 24-hour liquidations reached $316 million, with ETH and BTC leading.

Crypto Equities Performance

  • Coinbase Global closed at $333.99 (+6.85%).
  • MARA Holdings rose 15.69% to $18.66.
  • CleanSpark increased 14.74% to $14.87.

ETF Flows

  • Spot BTC ETFs: Daily net flows at $518 million, total holdings ~1.31 million BTC.
  • Spot ETH ETFs: Daily net flows at $546.9 million, total holdings ~6.46 million ETH.

Other Highlights

  • SEC Commissioner Hester Peirce discusses tokenization complexities.
  • Visa pilots pre-funded stablecoins for cross-border payments.
  • Deutsche Börse and Circle integrate stablecoins into European infrastructure.