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Latest Frax News and Social Media Feed

A single whale bankrolls Stable’s pre-deposit phase with $500M

A single whale bankrolls Stable’s pre-deposit phase with $500M

Stable, a new chain dedicated to transfers of USDT, received liquidity from a large-scale whale.
What Is a Layer 2?

What Is a Layer 2?

Learn what a Layer 2 blockchain is, how it scales networks like Ethereum, and explore examples like Arbitrum, Optimism, and zkSync.
Hyperliquid founder denies revenue-centric approach accusations

Hyperliquid founder denies revenue-centric approach accusations

Hyperliquid founder Jeff Yan denied claims that the platform focuses on revenue, saying its ADL events made users hundreds of millions in profits w...
Multicoin Exec Says GENIUS Act Will End Banks’ ‘Rip-Off’ of Retail Depositors with Low Rates

Multicoin Exec Says GENIUS Act Will End Banks’ ‘Rip-Off’ of Retail Depositors with Low Rates

Multicoin Capital managing partner Tushar Jain predicted that the GENIUS Act will trigger a competitive upheaval in retail banking with major techn...
Hyperliquid’s USDH stablecoin goes live, trading volume instantly soars past $2M

Hyperliquid’s USDH stablecoin goes live, trading volume instantly soars past $2M

Hyperliquid’s native stablecoin USDH, issued by Native Markets, has been officially launched, joining the likes of USDT and USDC, and it is drawing...
Hyperliquid’s native USDH stablecoin goes live with USDH/USDC trading pair

Hyperliquid’s native USDH stablecoin goes live with USDH/USDC trading pair

Hyperliquid’s native stablecoin, USDH, has officially gone live with the trading pair USDH/USDC. According to the decentralized exchange’s order bo...
Crypto Asset Manager DBA Proposes 45% HYPE Supply Cut to Revamp Hyperliquid Tokenomics

Crypto Asset Manager DBA Proposes 45% HYPE Supply Cut to Revamp Hyperliquid Tokenomics

Crypto asset manager DBA has proposed cutting the total supply of HYPE by 45% in a bid to overhaul the tokenomics of Hyperliquid. The post Crypto ...
Native Markets wins hot race to launch Hyperliquid's USDH stablecoin

Native Markets wins hot race to launch Hyperliquid's USDH stablecoin

Native Markets has been awarded the USDH ticker on Hyperliquid following a community-led review and governance process. It announced the launch of ...
Ethena Labs Withdraws Bid for Hyperliquid’s USDH Stablecoin Amid Pushback

Ethena Labs Withdraws Bid for Hyperliquid’s USDH Stablecoin Amid Pushback

Ethena Labs has withdrawn its proposal to issue Hyperliquid’s upcoming USDH stablecoin, following vocal opposition from the community and ecosystem...
ENA price drops as Ethena exits Hyperliquid’s USDH stablecoin race

ENA price drops as Ethena exits Hyperliquid’s USDH stablecoin race

The price of Ethena (ENA) cryptocurrency has dropped by nearly 3% today following news of Ethena Labs withdrawing from Hyperliquid’s USDH contest. ...