Bitcoin spot ETFs saw a net inflow of $241 million yesterday, with IBIT leading the way.

Pulling up the market is the best publicity. In just one week, the Aster platform surpassed 710,000 new users, and its perpetual contract trading volume reached $21.112 billion over the past 24 hours, more than double that of established DeFi derivatives platform Hyperliquid. The platform's TVL reached $1.744 billion, with 24-hour revenue of $7.12 million, placing it second only to stablecoin giants Tether and Circle in overall revenue rankings. In addition to "Can ASTER still be purchased?", "Can Aster still be swiped?" is also a frequently asked question. There are 11 days left in Aster's second season airdrop. The airdrop pool holds 4% of the total supply, approximately 320 million ASTER tokens. This means that at the time of writing, the S2 airdrop is worth over $700 million, calculated at the price of $ASTER$2.3. Against this backdrop, BlockBeats has compiled a list of Aster's most important airdrop strategies. 1. Aster × Backpack Hedge Arbitrage Strategy This is currently the most common strategy for brushing points. The core step is that two trading platforms (such as Backpack and Aster) simultaneously place orders in opposite directions for the same asset to achieve "point brushing + capture the difference in transaction fees." The only thing to note is that Aster uses "market orders" because Aster gets double points for taking orders. The detailed steps are to place a "limit order" on Backpack to short $ASTER and earn order-making points; then use a "market order" on Aster to execute the order immediately. Market orders must be executed quickly, otherwise one side may remain unfilled, creating a one-sided exposure. You need to decide how much weight to give to holding time and opening frequency. The longer you hold a position, the higher your points will be, but the maximum number of points is twice your weekly trading volume. To prevent being targeted by a Sybil, try modifying various parameters, such as the opening amount, opening multiplier, and opening direction. Avoid using the same parameters repeatedly, as high-frequency hedging may trigger risk control and Sybil attacks. Beginners should start with small amounts and gradually increase the multiplier and amount as they become more familiar with the process. 2. Eating Funding Rate This strategy is based on the swiping between two trading platforms, and the operation goes a step further to consume the funding rate. This primarily utilizes the perpetual contract funding mechanism. When the funding rate is positive, shorting the perpetual contract earns funding; when the funding rate is negative, going long on the perpetual contract earns funding. Funding rates typically vary between trading platforms. For example, the tool below shows the difference in funding rates, suitable opening positions, and APRs across various trading platforms. Data source: hibot Continue to use the previous Backpack (limit order) + Aster (market taker) method for spot hedging to earn points. Net profit = Point value + Funding rate income - Transaction fee cost - Slippage loss. Be sure to consider the trading platform's fee structure. Fees are generally categorized into two types: Taker orders, which are immediately executed and have higher fees; Maker orders, which are placed on the order book awaiting execution and have lower fees. Because real-time monitoring is required, this approach is best suited for experienced traders, or those using funding rate bots. Be mindful of latency and reconciliation across multiple accounts and trading platforms. Funding rate arbitrage typically spans longer periods than point arbitrage, so don't neglect position management. 3. Convert deposits to USDF In addition to the hedging and funding rate strategies mentioned above, Aster also offers a relatively low-risk, passive income-generating option: the "Trade & Earn" system based on USDF and asBNB. This product builds on Aster's predecessor's experience in stashed asset liquidity. Essentially, it combines trading and financial management, allowing users to maintain active trading while enjoying stable annualized returns. Currently, USDF offers an annualized yield (APY) of approximately 16.7%. There are two ways to participate: first, deposit rewards, which automatically accrue interest as long as you hold at least 1 USDF in your account. Second, trading rewards, which have slightly higher requirements, require users to be active at least two days per week and have a cumulative trading volume of over 2,000 USDT. Once these requirements are met, the system will distribute rewards the following week, directly depositing them into your trading account and automatically reinvesting them. In addition to USDF, Aster also offers asBNB, a similar asset with similar functionality and logic to USDF. Users can exchange BNB or slisBNB for asBNB, which can be used as margin and enjoy an annualized return of approximately 9.1%. Furthermore, Aster has incorporated a "double points" incentive into its trading system. If you choose to use USDF or asBNB as collateral, your trading points will be doubled, and the weekly trading volume cap will be doubled. This makes using these two assets almost a must for players seeking airdrop points or rebate rewards, effectively combining interest income with points benefits. In addition, holding $ASTER will give you a 5% fee discount, so it is best to hold a certain amount of $ASTER in each wallet. 4. Fleet Bonus Individual players earning points only yields limited benefits. However, if you can form a "team" and expand your network through invitations, you can leverage the points generated by others' transactions and further increase your share of the network through team rankings. In the long run, the points earned by a single account through individual transactions may be far less than the total contribution of an active team. Therefore, "invitations + teams" will become the key to widening the gap between players in the later stages. The core logic is to integrate the forces around you into a team through the two-level mechanisms of "recommendation" and "team contribution" to gain blessings for your own points. Specifically, referral rewards are divided into two tiers: If you invite a first-level user, you receive 10% of their RH points. If you invite a second-level user (i.e., someone your subordinate invites), you receive a 5% share of their points. However, please note that this share only applies to their transaction points, not referral points or team points themselves, to avoid "unlimited nesting doll" situations. Aster also introduced the concept of Team Points. Think of it as a team. Each team's points are settled on T+1 and compared against other teams. Before final points distribution, the system also makes some fairness adjustments, including limiting large-scale monopolies and smoothing out unusual fluctuations. In other words, team rewards aren't just about "the more people I invite, the better," but rather a comprehensive evaluation of "team activity" and "overall contribution." Ultimately, these points will be converted into your share of the platform-wide points pool on a weekly basis, directly determining how much rewards you'll receive in the upcoming $ASTER airdrop. Simply put: referrals give you a stable 10%/5% share; team points determine whether you can climb to the top of the leaderboard and receive higher bonuses. There are 11 days left in Aster’s second season airdrop. The airdrop pool accounts for 4% of the supply, which is approximately 320 million ASTER. As of the time of writing, the S2 airdrop is worth more than $700 million. Faced with such massive user growth and a complex points ecosystem, the Aster team has also made a clear statement: professional market makers will be excluded from the Rh points system and will not be eligible for $ASTER token airdrops. In the current second phase of Rh points calculation, pure spot holding and trading are not included in the points system, but this does not mean that spot trading is worthless. From the official statement, it is not difficult to infer that the airdrop rules in the third quarter are likely to include spot trading back in the points calculation. Therefore, there are still many opportunities for retail investors. However, it is important to note that the market is currently overheated, with FOM sentiment increasing, a proliferation of trading scripts, and the uncertainty surrounding the second quarter airdrop. Therefore, competition is still relatively fierce, and users need to be aware of the risks. Original link

TLDR Hyperliquid’s USDH stablecoin went live Wednesday with $2 million in early trading volume on the USDH/USDC pair Native Markets won the rights to issue USDH through a validator vote on September 14 after a competitive bidding process The stablecoin is backed by cash and US Treasury securities, managed through Stripe’s Bridge tokenization platform USDH [...] The post Hyperliquid USDH Stablecoin Launches With $8.8M Trading Volume appeared first on CoinCentral.

BitcoinWorld Sui Healthcare: Revolutionizing the $290B Market with AI and Blockchain The digital revolution continues to reshape industries, and now, a truly exciting development is poised to transform one of the most personal sectors: healthcare. Are you ready to discover how Sui healthcare is making a monumental leap into the colossal $290 billion healthcare market? This isn’t just about advanced technology; it’s about empowering individuals and redefining how we manage our most sensitive health information, promising a future where your data truly belongs to you. Revolutionizing Health Data: Sui’s Entry into the $290B Market Layer 1 blockchain platform Sui (SUI) has officially announced its strategic entry into the massive 400 trillion won ($290 billion) healthcare industry. This significant move, initially reported by the Korea Economic Daily, marks a pivotal moment for both the blockchain and medical sectors. It highlights the growing potential of decentralized technologies to bring much-needed innovation to traditional industries. Sui is not embarking on this complex journey alone. The platform has forged a crucial partnership with Cudis, an innovative developer renowned for its artificial intelligence (AI) ring technology. This collaboration is designed to construct a cutting-edge, blockchain-based healthcare model that promises to revolutionize patient data management and ownership. How Will Sui Healthcare Empower You with Data Ownership? At the core of this groundbreaking initiative is a powerful vision: to grant individuals unprecedented control over their personal health data. Imagine a world where you, the user, directly own and manage your sensitive medical information, rather than it being siloed in various institutional databases. This partnership aims to make that vision a tangible reality for millions. Here’s how the new Sui healthcare model is set to benefit you directly: Direct Data Ownership: Users will gain complete and immutable control over their health records, moving away from traditional centralized systems that often lack transparency. Personalized Management: You will have the power to actively manage, update, and selectively share your health data on your own terms, with full visibility over who accesses it. Incentivized Participation: A unique reward system will compensate users for sharing their anonymized or aggregated health data, fostering greater engagement and contributing to medical research. This innovative approach leverages the inherent security, transparency, and immutability of blockchain technology. Consequently, it ensures that your data is not only private and secure but also verifiable and tamper-proof, building a new level of trust in Sui healthcare interactions. The AI Ring: A Smart Companion for Sui Healthcare Data Cudis’s advanced AI ring plays a crucial role in this novel ecosystem. This smart wearable device is engineered to continuously collect vital health metrics and provide actionable insights. These insights can then be securely integrated into the blockchain platform, forming a comprehensive and dynamic health profile. This integration creates a seamless flow of information, from personal biometric data collected by the ring to a secure, user-controlled ledger on the Sui blockchain. Therefore, the combination of AI-powered data collection and blockchain’s robust security framework promises a future where health monitoring is both sophisticated and profoundly trustworthy. Furthermore, this partnership highlights the immense potential of merging advanced AI with decentralized ledger technology to create truly transformative solutions in the realm of Sui healthcare. What Challenges and Opportunities Lie Ahead for Sui Healthcare? Sui’s ambitious foray into the healthcare market signifies a significant shift towards decentralized health solutions. This move could establish a new global standard for data privacy and user empowerment in a sector traditionally dominated by large, often opaque institutions. However, like any pioneering endeavor, it comes with its own set of challenges. Key considerations include navigating complex global regulatory compliance frameworks, ensuring widespread adoption among diverse user groups, and integrating with existing legacy healthcare systems. Despite these hurdles, the potential opportunities and benefits are immense: Accelerated Research: Privacy-preserving and incentivized data sharing could significantly accelerate medical research and drug discovery. Global Health Records: Individuals could possess a clear, immutable, and universally accessible record of their health history, simplifying international care. New Economic Models: The emergence of innovative business models centered around patient data sovereignty and fair compensation could reshape the healthcare economy. This strategic alliance between Sui and Cudis is a clear indicator of blockchain’s expanding influence beyond finance. It powerfully demonstrates its capacity to bring transparency, efficiency, and user-centricity to complex and vital industries like Sui healthcare. A Promising Horizon for Sui Healthcare Innovation In conclusion, Sui’s pioneering partnership with Cudis to enter the $290 billion healthcare market represents a truly groundbreaking initiative. By synergizing blockchain’s inherent security with AI’s advanced intelligence, they are poised to empower users with direct ownership and tangible rewards for their personal health data. This transformative approach promises a more equitable, transparent, and profoundly user-centric future for healthcare globally. It’s an exciting time to witness blockchain technology making such a meaningful impact on our well-being. Frequently Asked Questions about Sui Healthcare Here are some common questions regarding Sui’s exciting venture into the healthcare sector: Q: What is Sui’s role in the healthcare market? A: Sui, a Layer 1 blockchain platform, is partnering with Cudis to build a blockchain-based healthcare model. This model focuses on empowering users to own and manage their personal health data securely and receive rewards for it. Q: Who is Cudis, and what is their contribution? A: Cudis is the developer of an artificial intelligence (AI) ring. This AI ring will collect vital health metrics, which will then be securely integrated into the Sui blockchain platform, forming a comprehensive health profile. Q: How will users benefit from this Sui healthcare partnership? A: Users will gain direct ownership and control over their health data, the ability to manage and selectively share it, and receive rewards for contributing their anonymized data, fostering a more transparent and user-centric system. Q: What makes blockchain suitable for healthcare data? A: Blockchain technology offers inherent security, transparency, and immutability. This means health data stored on the blockchain is tamper-proof, verifiable, and private, building trust and ensuring data integrity. Q: What is the potential impact of this initiative on the healthcare industry? A: This initiative could revolutionize patient data management, accelerate medical research through secure data sharing, establish global health records, and foster new economic models centered on patient data sovereignty. Found this deep dive into Sui healthcare and its transformative potential exciting? Share this article with your network and join the conversation about the future of decentralized health! Your insights can help spread awareness about these crucial innovations. To learn more about the latest crypto market trends, explore our article on key developments shaping blockchain institutional adoption. This post Sui Healthcare: Revolutionizing the $290B Market with AI and Blockchain first appeared on BitcoinWorld.