LunarCrush's latest report highlights the top 10 derivatives projects in the crypto market based on social activity, with Hyperliquid ($HYPE) leading by a significant margin. Aster ($ASTER) follows closely, while Jupiter ($JUP) and Avantis ($AVNT) show strong interaction numbers despite lower engagement. Projects like MYX Finance ($MYX) and FTX Token ($FTT) also maintain decent social presence, while Gains Network ($GNS) and Aevo ($AEVO) demonstrate varied interaction rates, with WOO ($WOO) and Synthetix ($SNX) trailing behind.

Lighter launches LIT staking feature, ratio 1:10 (1 LIT unlocks 10 USDC recharge). Immediate effect for new users, existing users have a two-week grace period until January 28. Launched in October, by December the trading volume exceeded 200 billion, surpassing Hyperliquid and Aevo. Financing of 68 million with a valuation of 1.5 billion, led by Founders Fund.

_Crypto markets see Bitcoin steady near 87800 as altcoins like HYPE and AEVO gain attention amid token unlocks and burns._ Crypto markets are entering a period of selective activity as traders focus on upcoming token launches and unlocks. Bitcoin remains near 87,800, showing stability and low

Aevo, previously known as Ribbon Finance, is facing mounting criticism after outlining its plan to resolve a legacy vault exploit, a response that has triggered accusations of unfair treatment, heated social media backlash, and restricted discussion on X. Aevo Proposes Partial Recovery After

Ken Chan, former co-founder and ex-CEO of Aevo (the once-hyped Layer-2 derivatives chain), dropped a 40-tweet thread titled “I wasted 8 years in crypto” that instantly went nuclear across Asia.

Author: Nancy, PANews “I wasted 8 years of my life in the crypto industry.” Aevo co-founder Ken Chan published a post fiercely criticizing the crypto industry as having degenerated into a “super casino.” This “emotional outcry” quickly went viral across both domestic and international communities. Behind its millions of views, heated community debates erupted. Supporters see it as a wake-up call piercing the bubble, while critics argue it’s a case of beneficiaries biting the hand that feeds them. Beyond the emotional venting, this debate reflects the collective anxiety and cyclical confusion currently plaguing the industry amid a liquidity crunch and a narrative vacuum. Reduced to a super casino? What happened to the crypto ecosystem In this lengthy article, Ken Chan frankly admits that the past eight years have been a journey from idealism to disillusionment. As a libertarian and programmer deeply influenced by Ayn Rand’s works, he was once a devoted believer in the cypherpunk spirit, viewing Bitcoin as “belonging to the

Original Title: I Wasted 8 Years of My Life in Crypto Original Author: Ken Chan Original Source: Repost: Mars Finance Editor's Note: This weekend, an article by Aevo co-founder and CTO Ken Chan (@kenchangh) went viral on overseas platforms. The article is titled "I Wasted 8 Years of My Life in Crypto." Ken Chan's tone in the article is extremely pessimistic. He believes the industry has lost its idealism and has turned into the largest and most widely participated super casino in human history, and he feels disgusted that he once contributed to this casino. Although we do not agree with Ken Chan’s views

Ken Chan expressed his disappointment with the crypto industry in the article, stating that the industry has become a giant casino and has lost its idealism. He reflected on his own experience and realized that what he was helping to build was a virtual economic system lacking a sustainable business model. He warned that this gambling-based economic mindset would have a long-term impact on the younger generation.

Recent market data shows several altcoins, including Hyperliquid, Bittensor, ICP, Astar, and Aevo, experiencing over 40% monthly gains amid shifting sentiment toward high-risk assets. Breakouts remain unconfirmed, requiring sustained momentum and stronger volume for validation.

The high-performance parallel EVM public chain Monad, based on the backgrounds of the Solana and Pyth teams, will open for Airdrop claims on October 14. Its $244 million financing (led by Paradigm) and $3 billion valuation highlight institutional confidence. Monad achieves tens of thousands of TPS through parallel execution technology, surpassing Ethereum's performance by a hundred times while being fully EVM compatible. The Testnet has attracted 5.5 million users and over 100 ecological projects. Although the pre-market price on the AEVO platform reached $0.117, indicating high market expectations, investors should be wary of risks such as mainnet technical validation, intense public chain competition, and unclear token economics. A phased Build a Position strategy is recommended to participate in this highly anticipated Layer 1 project.