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10:16
DWF Labs: $75 million DeFi fund will support perpetual contracts and lending market infrastructure
According to Odaily, DWF Labs stated on the X platform that the perpetual contract market will attract a large influx of new liquidity by 2026. The $75 million DeFi fund established by DWF Labs aims to support the construction of related infrastructure, covering perpetual contracts, money markets, and yield protocols that expand according to actual demand.
10:14
Sun Yuchen's address purchased 1.66 million LIT, with an unrealized loss of about $550,000
PANews reported on December 30 that, according to MLM, a wallet address controlled by Justin Sun withdrew $5.2 million USDC from approximately $200 million injected into LLP and used it to purchase about 1.66 million LIT tokens, currently valued at around $4.65 million, resulting in an unrealized loss of approximately $550,000. Additionally, about $1.2 million USDC remains in his spot account.
09:58
Lighter's LIT token FDV exceeding $3 billion sparks controversy
Lighter's LIT token has not yet started public trading, but its pre-market valuation has already sparked controversy, with predictions ranging from 2 billion to over 3 billion USD. The fully diluted valuation (FDV) of LIT has become a focal point of discussion, as its potential market value based on the maximum token supply may be misleading. Pre-market trading shows a valuation exceeding 3 billion USD, but prediction markets on Polymarket indicate uncertainty, with traders equally divided on whether LIT can surpass this valuation.
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