Odaily Planet Daily reports that Dubai-based cryptocurrency exchange Bybit has launched USDT-settled perpetual forex contracts, covering three major currency pairs: EUR/USD, GBP/USD, and USD/JPY. Trading is available 24/7 with leverage up to 100x. The contracts have no expiration date, and profits and losses are settled in USDT. Traders only track the price movements of the underlying currency pair and do not acquire ownership of the corresponding currency. This product is integrated into Bybit's TradeFi Perpetuals product line, launched in April, which currently covers over 200 assets including stocks, commodities, ETFs, and pre-IPO companies. (Cointelegraph)

According to Odaily Planet Daily, Uniswap founder Hayden stated in an article on the X platform that the Uniswap interface can now route most hooks instantly. Uniswap has launched a free API to support developers who want to integrate its routing service and has established a public hooklist repository, providing hook categorization and security information. The Uniswap application's liquidity pool creation process has added a hook dropdown menu, allowing pool creators to choose from hundreds of deployed community hooks. Hook metadata has also been added to the Explore page. For advanced customization features requiring manual review or security audits, the Uniswap Foundation has sponsored some audits.

In the past hour, total liquidations across the network reached $12.01 million, with $10.68 million from long positions, with $1.33 million from short positions. BTC liquidation $173,494.35, ETH liquidation $495,417.67.

Odaily Planet Daily reports that Binance founder Changpeng Zhao (CZ) stated at Bitcoin Asia that Bitcoin may surpass gold in the next bull market, with the current market capitalization gap between the two being approximately 10 times. Ricardo Salinas Pliego estimates that if Bitcoin reaches the total market capitalization of gold, its price could be around $1.86 million. He pointed out that if Bitcoin becomes a strategic reserve asset for various countries, its importance may exceed that of gold; however, central banks and governments have already established systems for valuing, storing, and managing gold, and a shift to Bitcoin will take time. Glassnode data shows that the 90-day correlation between Bitcoin and gold has risen from 0.21 in March to approximately 0.57, while the correlation with the Nasdaq 100 index has decreased from 0.57 to 0.22; other estimates indicate that its correlation with gold is approximately 0.59, the highest level since 2020. (Bitcoin.com News)

Odaily Planet Daily reports that DeFi Development Corp. has announced the completion of an $11 million CHAD preferred stock offering, with Fundstrat's Tom Lee participating in the subscription. The company stated that this offering is the first digital credit instrument powered by Solana. Its CEO, Joseph Onorati, stated that Bitcoin has proven the huge market demand for digital credit.