Token Events

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Weekly Preview | California opens digital asset license application process; Aptos (APT) unlocks tokens worth approximately $10.5 million

News Preview: California Announces Enforcement of Digital Asset Licensing Regulations, License Application Portal Opens on March 9 Sharplink to Hold FY2025 Earnings Call on March 9 Polkadot Plans to Implement Economic Model Reforms Starting March 12, Limiting Total DOT Supply to 2.1 Billion On Wednesday, March 11 at 20:30, the US will release February Unadjusted CPI Year-over-Year and Core CPI Year-over-Year Aptos (APT) will unlock approximately 11.31 million tokens at 6:00 AM Beijing Time on March 13, representing about 0.69% of the current circulating supply, valued at approximately $10.5 million March 9 Policy & Regulation: California Announces Enforcement of Digital Asset Licensing Regulations, License Application Portal Opens on March 9 California Department of Financial Protection and Innovation officially releases the Digital Financial Assets Law (DFA)
APT-1.84%
DOT-0.74%
SOL-1.91%
PANews·03-08 12:04
Weekly Preview | California opens digital asset license application process; Aptos (APT) unlocks tokens worth approximately $10.5 million

Tokens such as APT, STRK, SEI, etc., will undergo large unlocks next week, with APT unlocking approximately $10.5 million worth.

According to Token Unlocks data, tokens such as APT, STRK, SEI, and others will be unlocked next week. APT will unlock 11.31 million tokens, STRK will unlock 127 million tokens, SEI will unlock 55.56 million tokens, MOVE will unlock 164 million tokens, and IO will unlock 13.29 million tokens. The total amount involved is approximately $28.4 million.
APT-1.84%
STRK1.77%
SEI-0.71%
MOVE-3.56%
GateNews·03-08 11:44
Tokens such as APT, STRK, SEI, etc., will undergo large unlocks next week, with APT unlocking approximately $10.5 million worth.

Sky (SKY) Token Surges After Governance Vote Cuts Emissions and Expands USDS Stablecoin Credit Infrastructure

SKY rose 10% after the network cut staking emissions and continued buybacks, tightening supply across the market. Sky expanded the USDS credit infrastructure as lower token issuance and steady buybacks supported bullish market momentum. SKY, the governance token of the DeFi protocol
SKY-2.12%
DOT-0.74%
HYPE-5.63%
JUP-0.45%
CryptoNewsFlash·03-08 10:01
Sky (SKY) Token Surges After Governance Vote Cuts Emissions and Expands USDS Stablecoin Credit Infrastructure

Tether CEO: USDT has served over 550 million users in emerging markets worldwide, with the largest individual sender accounting for less than 5%

Tether CEO Paolo Ardoino announced that, among the total USDT sent over the past 12 months, the largest individual sender accounts for 4.97%, significantly lower than the 23.34% seen in other stablecoins. He pointed out that USDT primarily serves populations overlooked by traditional finance, with over 550 million users in emerging markets worldwide currently relying on USDT.
GateNews·03-08 09:35
Tether CEO: USDT has served over 550 million users in emerging markets worldwide, with the largest individual sender accounting for less than 5%

Lighter Protocol has repurchased 7.48 million LIT tokens since TGE, accounting for 3% of the circulating supply.

Gate News Announcement: On March 8th, the Lighter Protocol officially disclosed that since the TGE (Token Generation Event), a total of 7.48 million LIT tokens have been repurchased, accounting for approximately 3% of the current circulating supply. It is reported that the protocol's daily repurchase operations are automatically executed by a program.
LIT-7.92%
GateNews·03-08 09:01
Lighter Protocol has repurchased 7.48 million LIT tokens since TGE, accounting for 3% of the circulating supply.

Perpetual DEX Protocol Paradex issues the token DIME, with a total supply of 1 billion tokens.

Gate News Announcement, March 8 — According to CoinGecko data, the perpetual DEX protocol Paradex has issued the token DIME, with a total supply of 1 billion tokens. The current fully diluted market cap (FDV) is approximately $43 million, and it is not yet listed on mainstream exchanges. Additionally, the total value locked (TVL) in the protocol reaches approximately $3.02 billion.
GateNews·03-08 04:00
Perpetual DEX Protocol Paradex issues the token DIME, with a total supply of 1 billion tokens.

Spark lending platform launches SPK token buyback program, has repurchased 1.84 million tokens

According to on-chain analyst Yu Yan's monitoring, the lending platform Spark transferred 570,000 USDS to a new multi-signature wallet on March 5th, initiating the SPK token buyback. They have already repurchased 1.84 million SPK tokens, worth approximately $36,000. This buyback plan is expected to last 12 months, with 10% of funds each month allocated for repurchasing.
SPK1.25%
GateNews·03-07 10:22
Spark lending platform launches SPK token buyback program, has repurchased 1.84 million tokens

Sky (SKY) Token Surges After Governance Vote Cuts Emissions and Expands USDS Stablecoin Credit Infrastructure

SKY rose 10% after the network cut staking emissions and continued buybacks, tightening supply across the market. Sky expanded the USDS credit infrastructure as lower token issuance and steady buybacks supported bullish market momentum. SKY, the governance token of the DeFi protocol
SKY-2.12%
DOT-0.74%
HYPE-5.63%
JUP-0.45%
CryptoNewsFlash·03-07 09:55
Sky (SKY) Token Surges After Governance Vote Cuts Emissions and Expands USDS Stablecoin Credit Infrastructure

Multiple Perpetual DEX Projects Launch Airdrop Campaigns

Gate News bot message, several decentralized perpetual exchange projects have launched active airdrop campaigns. The projects are categorized into different tiers: S-tier includes Variational, edgeX, and Nado; A-tier comprises Ethereal, GRVT, Extended, Hibachi, and Liquid; B-tier features Pacifica,
GateNews·03-06 12:00
Multiple Perpetual DEX Projects Launch Airdrop Campaigns

Sky (SKY) Token Surges After Governance Vote Cuts Emissions and Expands USDS Stablecoin Credit Infrastructure

SKY rose 10% after the network cut staking emissions and continued buybacks, tightening supply across the market. Sky expanded the USDS credit infrastructure as lower token issuance and steady buybacks supported bullish market momentum. SKY, the governance token of the DeFi protocol
SKY-2.12%
USDS-0.03%
DOT-0.74%
HYPE-5.63%
CryptoNewsFlash·03-06 09:55
Sky (SKY) Token Surges After Governance Vote Cuts Emissions and Expands USDS Stablecoin Credit Infrastructure

Matrixport: Low retail participation, lack of new narratives, and token unlock sell-offs putting pressure on altcoins

Matrixport report indicates that meme coins underperformed expectations over the past year, mainly due to low retail participation, lack of new narratives and real-world application projects, as well as ongoing token unlock pressures, which hindered market rebounds. Despite overall pressure, some localized opportunities can still be identified.
BTC-2.43%
GateNews·03-06 09:47
Matrixport: Low retail participation, lack of new narratives, and token unlock sell-offs putting pressure on altcoins