DAOplomacy

Recently, the Perp DEX market has shown a clear divergence in trading volume, with Lighter reaching a trading volume of $4.75 billion, ranking first, followed by EdgeX and Hyperliquid. Although Hyperliquid's trading volume has decreased, its TVL and open interest remain among the top, indicating a solid user base. Overall liquidity is adjusting, and the competitive landscape among leading platforms is continuously changing.

The annual options expiration day set a record of $28 billion, with Bitcoin and Ethereum options expiring showing a clear bullish sentiment over bearish. After the expiration, quarterly options account for over 30%, and with the overall market being weak, seller strategies are more profitable.

【Blockchain Rhythm】The Central Bank of Lithuania recently issued a not-so-mild notice — all crypto service providers operating in the country must obtain a license by December 31, 2025, no extensions will be granted.
This is not a suggestion or a reference opinion, but a mandatory regulatory requirement. The central bank previously provided a transition period for everyone to gradually obtain licenses, but that grace period is also coming to an end. Any platform that has not yet obtained a license — whether an exchange, wallet service, or other crypto-related business — will be considered illegal by the end of the year and face penalties.
Lithuania is very firm on this stance, strictly implementing European regulatory rules. So, if your crypto service involves this Baltic country, you need to start the compliance process now. Otherwise, when the end of next year approaches and time becomes tight, it will be too late to remedy. The regulatory trend across the entire EU is like this — more and more countries are tightening requirements for the crypto industry, Lithuania

On December 26, on-chain data shows that a whale holding 5.11 million SOL traded frequently during the market decline. The address opened a short position when the SOL price was $1011 and then quickly closed it. Although the address still holds 511,612.85 SOL, worth approximately $61.57 million, the average opening price was $130.19, resulting in an unrealized loss of about $5.03 million. The total unrealized loss has reached $58.04 million.

Senior Bitcoin trader BitcoinOG recently increased his holdings by 207,316 SOL, with the total position surpassing $1.6 billion. Although there are unrealized losses of over $43 million on paper, he remains confident in the future market performance, especially regarding his investment in SOL.

【Crypto World】The Aave community has recently been in a bit of a turmoil over a proposal regarding brand asset ownership. Here's what happened: a proposal that was still under discussion was prematurely submitted to Snapshot for voting, which sparked quite a controversy.
Founder Stani Kulechov defended this move, stating that the discussion had already lasted five days and that the entire process was in accordance with the rules. However, this explanation did not quell the controversy. Former CTO Ernesto Boado and Aave Chan Initiative leader Marc

Partner Rob Hadick of Dragonfly Capital believes that Solana and Ethereum are not competitors but can jointly grow the market. With asset tokenization, multiple blockchains will each support specific application scenarios, forming a multi-chain parallel pattern to promote ecosystem prosperity. This competition is healthy and actually beneficial to the overall development of the market.

Recent on-chain data shows that centralized exchanges have a net outflow of 510.29 BTC, reflecting market participants' adjustments to their holdings. Major exchanges have experienced significant outflows, especially Kraken and Gemini. Meanwhile, a leading exchange has seen an inflow of 1,671.26 BTC, indicating that market resources are being reallocated, and institutional investors may be fine-tuning their strategies.

【Crypto World】Recently saw an interesting collaboration case—SBI Ripple Asia and Doppler Finance teaming up to shake up the XRP Ledger ecosystem.
What’s the core content? The products jointly promoted by the two include XRP yield options and on-chain tokenization solutions for real-world assets. Among these, SBI Digital

A leading exchange has pledged 100% asset transparency. Recently, USDT assets increased from 695 million to 1.765 billion, boosting user trust. The platform has publicly disclosed reserve proofs for 38 consecutive months, with core asset reserve rates maintained at 100%. As of November, it ranked first in market share growth, reflecting a trend of users voting with their feet.

JustLend DAO launches the Yield Strategy Competition, open to DeFi players worldwide, inviting submissions of stable income strategies. Participants should follow official updates and post their strategies using the "TRON ECO Holiday Odyssey" hashtag. The evaluation will consider strategy feasibility, creativity, expected returns, and community engagement. The total prize pool is 500 USDT, aiming to showcase the strength of the TRON DeFi ecosystem.

The Philippines' cryptocurrency market regulatory attitude has shifted. The National Telecommunications Commission has mandated restrictions on user access to 50 unauthorized trading platforms, marking a move from lenient regulation to enforcement, with exchanges required to obtain local licenses to operate.

Recently, Polymarket users experienced collective account thefts, stemming from a vulnerability in the third-party identity verification provider Magic Labs. Although Polymarket has confirmed and fixed the security issue, details about the number of affected users and stolen funds remain unclear, raising concerns among users.

【区块律动】知名交易员Arthur Hayes昨天做了个大动作——一口气存入682枚ETH到某头部交易所，按当时价格算下来价值差不多200万美元。这种级别的大额操作往往会引起市场关注，毕竟大玩家的动向往往能反映市场的一些微妙变化。ETH这边的资金流向确实值得留意。

HashKey Capital has completed the first round of financing for its fourth fund, raising $250 million, with a target Assets Under Management of $500 million. The investment primarily focuses on infrastructure construction, Blockchain scalability solutions, and large-scale applications, adopting a flexible investment strategy.

The Central Bank of Russia plans to loosen restrictions on encryption investments, allowing non-accredited investors to purchase up to 300,000 rubles of encryption assets per year through intermediaries. The US economy is accelerating, impacting market expectations. Meanwhile, Upexi seeks to raise $1 billion, despite a decline in stock price. US regulators are cracking down on encryption fraud and conducting Block Trading monitoring. The market is adjusting to overvalued projects, with Options expiration and trading data reflecting market dynamics.

[Chain News] The results of a recent trading competition have come out, and the data is quite heartbreaking.
The AI team has overall control quite well - although it lost $13,000, the ROI is only -4.48%, which is considered relatively stable for trading. The AI strategy that performed the most steadily, "Claude Sonnet 4.5 Aggressive," still has $18,000 left in the account, which has basically not been breached.
On the other hand, the human team is a bit tragic. The total loss has skyrocketed to $225,000, and the ROI has plummeted to -32.21%. Among the 70 traders, the bottom 30 almost all went bankrupt, making for a rather awkward scene.
But humanity is not completely defeated. ProMint managed to earn $13,600, taking the overall championship and steadily winning a $100,000 prize (final account balance $2.365). Xiaoxia and Romanson also achieved positive returns.

[Coin World] An interesting phenomenon. Since the beginning of March, the total number of wallets holding at least 1 Bitcoin has indeed been declining, with a fall of 2.2%—it seems that many retail investors are fleeing. But the story behind this is more than just that.
Meanwhile, those holding more than 1 Bitcoin are operating in the opposite direction. Since the historical high on March 3, this group of whale-level Wallets has accumulated over 136,670 Bitcoins. In other words, retail investors are exiting while large holders are quietly building their positions.
The differentiation in this position structure usually suggests that market participants have different perceptions of the future market. Ultimately, who is correct will depend on the upcoming trends.

A leading exchange has recently been frequently updating, launching an 18% Annual Percentage Rate flexible savings activity, and listing new coins XMALL and PRX. At the same time, it enhances brand influence and attracts users through celebrity athlete endorsements and limited edition merchandise.

The precious metals market has been quite strong lately. Gold and silver have hit historical highs for the second consecutive day, and from both a technical and fundamental perspective, the rise trend doesn't seem to be fully over yet.
Why should we pay attention to this? Because the trends of precious metals and the crypto market often create a certain resonance—when traditional assets experience significant fluctuations, investors' risk preferences usually adjust, which in turn affects the flow of funds into crypto assets. Especially during periods of greater macroeconomic uncertainty, the rise in precious metal prices often indicates an increase in market hedging demand.
Whether traditional investors or Web3 participants, the trends in precious metals are worth close attention. They reflect changes in global liquidity and risk aversion sentiment, which are significant for the entire asset allocation strategy.