Flash News

TREE NEWS update: S&P Global has introduced a Vault Risk Assessment that scores DeFi lending vaults from AAA(v) to D(v), with the curator running each vault able to cap the resulting grade. The agency said it has not yet assessed any vault. The framework applies S&P’s credit-rating scale to on-chain lending vehicles.

TREE NEWS reports: Total trades across all HIP-3 DEXs have surpassed 250 million, Hyperliquid News said on X. The figure covers cumulative transaction count across the HIP-3 builder-deployed perpetuals venues on the Hyperliquid network. No timeframe or breakdown by individual DEX was given.

TREE NEWS reports: Solana’s decentralized exchange trading volume has exceeded that of all other Layer 1 and Layer 2 chains combined for a fifth consecutive week. The streak marks a sustained lead in on-chain trading activity for the network.

TREE NEWS update: Stripe plans to expand its stablecoin card business to more than 100 countries by the end of the year, with Privy co-founder Henri Stern also serving as head of Stripe’s stablecoin and crypto operations. Existing stablecoin card clients include Kraken, Ramp and Morse. Paymentscan data shows about $1.2 billion in stablecoin card spending last month, three times the level a year earlier. Stern said Stripe will remain stablecoin- and blockchain-agnostic, with most work still focused on stablecoins.

TREE NEWS reports: Bitcoin’s implied volatility remains near multi-year lows, above only the levels seen during this summer’s extremely quiet market, Greeks.live said in an Oct. 5 analysis. The firm attributed the decline to structural changes in the bitcoin and options markets and said buyer strategies are becoming increasingly competitive. It added that Deribit, following its merger with Coinbase, could bring more capital into the options market.

TREE NEWS reports: Market maker GSR sent 578,010 LINK, about $8.25 million, to Binance over the past two days. The most recent transfer was 303,010 LINK ($4.29 million) after the tokens were received from a Gnosis Safe. Two days earlier the same wallet sent 275,000 LINK ($3.96 million) to Binance.

TREE NEWS reports: Polymarket recorded more than $545 million in trading volume last week, with markets tied to Brazil’s first-round presidential election accounting for $165 million of that total. The prediction market’s CEO is set to speak at Token2049, where the community expects comments on a possible POLY token; Polygon’s co-founder amplified a Polymarket CMO post saying POLY “will sweep everything.”

TREE NEWS update: NEAR Intents said the $3.8 million exploited from the protocol has been returned, closing its investigation into the hack. The attacker sent the funds back less than a day after NEAR Intents’ general manager posted “We have identified you, sir” along with addresses to return the money to.

TREE NEWS update: Bloomberg Terminal now supports real-time, 24/7 quotes for some Hyperliquid perpetual contracts, accessed by entering “WSL HYPE”, covering crypto, equities, commodities, FX and indices. Users can compare the prices against Bloomberg reference quotes, but trading execution is not yet supported, Hyperliquid Daily said on X.

TREE NEWS update: Bloomberg Terminal users can now type “WSL HYPE” to view round-the-clock real-time prices for a selection of Hyperliquid perpetual contracts spanning crypto, equities, commodities, FX and indices. The feed allows prices to be compared against Bloomberg reference quotes, but trade execution is not supported. Michael McDonough posted about the price-monitoring feature on September 29.

TREE NEWS update: The Rollup founder Andy posted “POLY is coming” on X on October 5, hinting that a Polymarket token named POLY is imminent. The post included a screenshot of Polymarket founder Shayne Coplan’s post, which said he may share related news at TOKEN2049 in Singapore. Andy’s post disclosed no launch timing, allocation plan or airdrop details.

TREE NEWS reports: An address 0xec4a…cf62 increased its BTC and ETH long positions on Hyperliquid between 13:24 and 13:30 on October 5, lifting its BTC long from about 260 to 360 coins, worth roughly $30.93 million, with an entry price of $84,931 and a liquidation price near $63,450. Its ETH long rose from about 1,637 to 3,719 coins, worth about $10.09 million, with an entry price of $2,689 and a liquidation price of about $533. The account’s value is about $5.35 million.

TREE NEWS update: Kraken parent Payward has connected to Singapore Gulf Bank’s real-time multi-currency clearing network, SGB Net, to give institutional clients in selected Asian and Gulf jurisdictions round-the-clock settlement, seven days a week. The service initially supports US dollar transactions for a limited set of clients, with client coverage and currencies to expand later. SGB Net currently clears more than $20 billion in fiat transactions monthly. SGB will also connect to Payward’s Kraken Prime institutional brokerage platform for digital asset liquidity.

TREE NEWS update: S&P Global Ratings has introduced a Vault Risk Assessment (VRA) framework for onchain digital-asset lending vaults, scoring investor impairment risk across six dimensions: portfolio credit quality, liquidity mismatch, curator, blockchain, protocol, and vault security and governance. The scores use letter grades with a “v” suffix. S&P said the VRA is not a credit rating and that first assessment results will be published separately. Onchain lending vault deposits grew from $1.5 billion in September 2024 to $10 billion in September 2025.

TREE NEWS reports: Prediction market predict.fun put the probability of Polymarket launching an official token before March 31, 2027 at 16%. The market-implied odds leave roughly a one-in-six chance that the crypto prediction platform issues a token within that window.

TREE NEWS reports: A Gnosis Safe linked to Ethena withdrew 62.58 million ENA, worth $14.86 million, from Bybit 37 minutes ago, bringing its total withdrawals from the exchange to 117.58 million ENA, worth $27.96 million, over the past nine hours.

TREE NEWS reports: The project Revenue Family, which bills itself as X Money’s off-ramp bridge, has been tied to a malicious approval exploit in which an attacker lured users into signing permit authorizations, obtained unlimited USDG allowances and called transferFrom in the same transaction to move funds out. Stolen funds were split 80/20 into two hacker addresses. The project said on October 1 that its social media accounts had been taken over by an internal reviewer, paused redemptions and denied that REV was its official token.