Token Events

Gate News message, April 9, Global Dollar and Paxos decided to increase their USDG stablecoin incentives deployed on Pendle from the initial $150k to $390k, until the market maturity date. Pendle will also continue to provide PENDLE rewards of up to 30% for this market. Previously, Pendle’s USDG

In March, cryptocurrency card transaction volumes reached $600 million, up more than threefold year over year, indicating its growing adoption in digital payments. The market share of USDT has gradually been shrinking, while USDC continues to rise in regulated markets such as North America and Europe. Tether plans to launch a U.S. compliant stablecoin to counter USDC’s expansion; going forward, the market landscape will keep changing.

Techno Revenant staked HYPE for 6 months to earn 2.4 million HYPE, worth $93.7 million, but it’s still unclear whether he will sell or restake. Earlier, he profited about $250 million by investing in the Trump family project WLFI.

Gate News message, on April 8, Jupiter officially announced that starting April 9, the 2026 first-quarter Active Stake Rewards (ASR) are now open for applications. This round will distribute 50 million JUP to eligible stakers, and the application deadline is July 8, 2026.

BlackRock’s iShares Staked Ethereum Trust launched in March under its brand, with a management fee of 0.25% and a staking-reward commission of 18%. Industry insiders believe the commission includes multiple costs, and it may decrease in the future. Some people question whether such a high fee is justified, especially when comparing it to staking rates for retail investors.

World Liberty Financial borrowed more than $50 million in stablecoins on the Dolomite platform in the short term, drawing attention from the DeFi market. WLFI deposited large amounts of governance tokens as collateral, causing the liquidity pool utilization rate to exceed 100%, leaving liquidity nearly exhausted and pushing interest rates sharply higher. Analysis suggests this move could be intended to meet liquidity demand or to increase on-chain activity; investors should carefully assess the risks.

Gate News message, on April 8, a CEX founder recalled in a new book that from the very beginning, the exchange’s token was positioned as being bigger than the exchange itself. In the white paper, it states: The token does not represent equity. As a utility token, holders can enjoy trading fee discounts, and the token’s use cases will not be limited to the exchange; in the future, it will also expand into blockchain and the DeFi ecosystem.

Cardano launches the Orion Fund in 2026, releasing 50 million ADA and shifting to an investment-driven expansion strategy. The fund size is $80 million, with the goal of activating Bitcoin liquidity, and the overall ecosystem expansion relies on the DeFi sector. At the same time, Cardano’s on-chain TVL target is $3 billion; stablecoin liquidity and real demand are key challenges.

Gate News message. On April 8, the Perle Foundation reminds that the PRL airdrop claim website will close at 19:00 Beijing time today, with less than 6 hours remaining before the airdrop claim deadline.

Gate News update, April 8, Lighter officially posted on the X platform saying that since the TGE (token generation event), the project team has repurchased 10 million LIT tokens, accounting for 4% of the current circulating supply.

Stablecoins are undergoing an evolution into a foundational financial infrastructure. North America leads in development, focusing on regulated, compliant options. The market shows a shift with RLUSD gaining traction due to integration with Ripple, emphasizing real demand over exchange liquidity.

Jack Dorsey’s announced “Bitcoin Faucet Day” is intended to encourage local merchants to accept Bitcoin payments. Users can use it to support merchants and receive rewards. Square and Cash App have launched the “Bitcoin Payments Bounty” program, which offers a $25 reward for finding merchants that haven’t accepted Bitcoin payments and completing the first transaction, running until April 27. Participation is simple, with additional incentive rewards.

Gate News update, April 7, Fluent posted a tweet saying that registration is now open for the BLEND token public offering, targeting $1 million in funding with a FDV of $100 million, with full unlock at TGE. On April 13, the token public offering will close, and the mainnet will go live 2 weeks after the end of the public offering. The total supply of the BLEND token is 1 billion, with an initial unlock of 75 million; 100 million will be allocated to the foundation, 225 million to investors, 200 million to the team, and 400 million to ecosystem expansion.

Ether treasury companies may need to use liquid staking and other active yield strategies if they want to offer investors something beyond the staking rewards already available through listed Ether products, Kean Gilbert, head of institutional relations at

According to on-chain analysts monitoring by Ai Yi, on April 7, a suspected Etherfi investor address again received ETHFI tokens worth $6.01 million; it has cumulatively received 54.53 million ETHFI tokens, totaling $35.9M.

The PENGU brand’s success in entering Walmart and Target marks its growing influence in the physical retail market. However, the PENGU token is for entertainment only and does not confer any economic rights. Holders should pay attention to market risks and to brand development updates.

Pi Network has completed the distribution of rewards for the first round of KYC verification. With more than 1 million validators contributing to the confirmation of 18 million global identities, the reward pool exceeds 26 million Pi Coin. This progress marks a key step toward the mainnet launch, demonstrating the efficiency of human–machine collaboration, optimizing performance mechanisms, and attracting more users to participate.