March 17, DefiLlama data shows that decentralized perpetual contract trading platform trading volume rebounded, with Hyperliquid open interest up 27.8% since the beginning of this month. Both trading volume and open interest of major Perp DEXs have increased.
On March 17th, as spot gold prices fell below $5,000/oz, the GOLD contract price on a certain decentralized derivatives platform declined, with the largest short address achieving unrealized gains of $620,000. Another address simultaneously opened short positions in both GOLD and SILVER contracts, with a cumulative position size of $6.3 million, both having recorded unrealized gains.
Gate News report: On March 17, according to Onchain Lens monitoring, asset management institution BlackRock deposited 567 BTC to a certain CEX, valued at approximately $41.78 million, while simultaneously transferring 22,657 ETH, valued at approximately $52.40 million. The total value of both transfers exceeded $94 million.
AI Operations Platform Deeptrace announced on March 17 the completion of a $5 million seed round of funding, incubated by Y Combinator. Its core product, AI SRE Agent, can quickly identify the root cause of failures and automatically generate repair solutions. Existing customers include Opendoor and Mintlify.
Canada tokenized real estate platform RealT is facing a legal and compliance crisis after being sued by the Detroit municipal government in civil litigation. The lawsuit alleges multiple compliance violations, including properties lacking compliance certificates and unpaid taxes. RealT plans to sell properties and suspend rental distributions while shifting toward new projects.
Gate News report: On March 17, according to Arkham data, a CEX received a large SOL transfer eight minutes ago, totaling 99,942.23 SOL (total value approximately $9.38 million), from an anonymous address (beginning with 3DuHK2tt...).
On March 17, PolyBeats detected that a new address on Polymarket invested $38,700 to buy the option "Extended's FDV exceeds $300 million on its first day of launch," with the current probability at 36%. Extended is a non-custodial perpetual contract exchange based on Starknet, with core mechanisms including unified margin and multi-asset collateral. It raised $6.5 million in funding in April 2024.
Gate News reported that on March 17, Folks Finance announced that the first quarter FLOKS token unlock period has ended. Users who have not yet claimed their tokens must complete the claim process before March 31 at 22:00. Any tokens not claimed by the deadline will be permanently voided.
On March 17, Lookonchain detected that Abraxas Capital opened 146,601 short positions in crude oil on the decentralized contract platform Hyperliquid, using 10x leverage, with a notional value of approximately $13.98 million. Associated wallets have generated historical profits of $165.94 million.
Gate News Alert: On March 17, according to Nansen monitoring, 9 wallet addresses collectively added 24.5 million ZRO tokens, valued at $47.5 million. These purchases represent 2.6% of ZRO's circulating supply, with an average entry price of $1.94 per token. All wallets are funded by a certain CEX, and these 9 wallets hold no other tokens, only ZRO.
Vietnam plans to launch a pilot program for licensed cryptocurrency exchanges in March, restricting domestic users from trading on overseas platforms. Five enterprises have already passed the review. The pilot will run for 5 years with limits on the number of exchanges and foreign shareholdings. Violations in trading will result in fines of up to 100 million Vietnamese dong.
