A certain CEX pushes market data directly on-chain through Chainlink Data Link services, covering order book and derivatives data. This integration provides high-quality benchmark data for DeFi and traditional finance, promoting the development of the financial system.

Gate News Report: On March 25, according to data released by CryptoQuant on X platform, a certain CEX's gold token XAUT perpetual contract reached a daily trading volume of $6.4 billion recently, hitting a new all-time high. Additionally, XAUT perpetual contract has become the fifth-largest perpetual contract trading pair by volume on the platform.

Cipher Digital (CIFR) stock rises about 9% in pre-market trading following the signing of a 15-year data center lease agreement with a major customer and securing a revolving credit facility of up to $200 million, which will facilitate the development of its high-performance computing facilities and strengthen its position as an AI infrastructure partner.

Hyperliquid 核心代幣 HYPE 近期面臨巨鯨 High Stakes Capital 分階段清倉壓力，導致價格回落至 38.86 美元。儘管日內上漲 2.72%，但巨鯨的套現行為使短期價格波動加劇，市場需關注流動性以判斷 HYPE 後市走勢。

The Trump family plans to host a cryptocurrency elite conference for "Trump Coin" holders on April 25 in Florida, inviting 297 investors to participate. The event has attracted political attention, with Democrats criticizing it as a "crypto corruption club" and questioning Trump's business practices. The event has the potential to further attract high-net-worth investors and global crypto industry attention, and with the upcoming 2026 midterm elections, related political attacks may intensify.

10x Research analysis indicates that Circle and a certain CEX face intensifying stablecoin economic competition. Circle's stock price declined due to CLARITY Act uncertainty, but the act could bring structural benefits. Circle supports stablecoin regulation in exchange for legitimacy, while the certain CEX prioritizes short-term profitability. Their business models are opposing—under regulation, Circle may forgo high-profit distribution in exchange for sustained "regulatory certainty" and drive institutional adoption and financial integration.

HYPE Treasury Company Hyperliquid Strategies Inc announced the launch of options trading for PURR stock on the Nasdaq options market, aimed at enhancing liquidity and price discovery mechanisms. Chief Executive Officer David Schamis stated that options trading will help investors manage risk and participate in the company's rapid growth. Hyperliquid recently achieved a new high of $1.74 billion in total open interest due to surging trading volumes in oil perpetual contracts and other trades.

21Shares President Duncan Moir stated that actively managed crypto ETPs will become a new market trend, with global assets expected to reach 1.8 trillion USD by 2025. 21Shares emphasizes combining autonomous strategy to manage risk and has launched products linked to high-yield strategies. The market shows growing demand for complex structures and staking products. Duncan Moir pointed out that new products need to be developed based on internal research and market trends.

Bitcoin (BTC) experienced significant volatility after Trump's threats against Iran's nuclear facilities, with its market value evaporating $6 billion, followed by a rebound to $71,000. This event triggered market panic, forcing traders into liquidations, demonstrating cryptocurrency's high sensitivity to geopolitical risks. Bitcoin has declined 23% year-to-date, with markets monitoring the subsequent impact of Trump's statements.

On March 24, Pi Network (PI) price declined to $0.1897, falling more than 33% from the March 13 high. The daily chart shows PI forming a double top structure, approaching historical lows. Capital flow signals indicate increased selling pressure, with the MFI indicator continuing to decline; if it breaks below 40, it may accelerate capital outflows. PI's correlation with Bitcoin has turned negative, with technical indicators showing a weak trend. Key support levels are at $0.1597 and $0.1415, while breaking above $0.1940 could provide rebound space.