strategies

Gate released the private wealth management report for April 2026. The report indicates that the overall cryptocurrency market is showing a strong fluctuation due to the continuous inflow of ETF funds and expectations of interest rate cuts. In April, BTC and ETH rose approximately 11.9% and 7.3%, respectively. Among them, the net inflow of BTC ETF reached $2.44 billion in a single month, setting a new high in nearly six months, and the total management scale surpassed $100 billion for the first time, indicating a significant rebound in market risk appetite.In terms of product performance, the overall annualized return of Gate's private wealth USDT strategy is approximately 5.6%, continuing its steady performance. The "Interstellar Hedge (USDT)" has achieved a cumulative return of 18.2%, with all 22 cycles generating positive returns, achieving a win rate of 100%; the "Star Core Intelligent Investment (USDT)" has reached a maximum return rate of 9.5% in the past year; the "Gravitational Hedge (USDT)" has maintained a win rate of 100% for two consecutive years, with a maximum drawdown of only 0.01%, demonstrating outstanding risk control capability. Overall, the historical maximum drawdown of each strategy is generally controlled within 0.9%.Looking ahead, the report points out that the BTC RHODL ratio has risen to 4.5, the third highest level in history, while exchange reserves have fallen to a seven-year low, indicating an enhanced trend of long-term holding and continued supply contraction, with a generally optimistic outlook for the medium to long-term market.

According to official news, Ethena announced the launch of a dedicated USDe market on Jupiter Lend, which is completely independent of the existing Jupiter Lend deployment. Bitwise is responsible for on-chain asset management and risk supervision, and institutional participation is supported. Users can now deposit USDe on Jupiter Lend, engage in lending, and execute leveraged USDe strategy operations.In addition, USDe can also be bridged to the Solana network through Stargate Finance.

According to The Block, Nasdaq-listed Solana ecosystem treasury company SOL Strategies announced the signing of a final acquisition agreement with HoudiniSwap, with an acquisition amount of $18 million, which includes $8.25 million in cash, $5.75 million in six-month promissory notes, and $4 million in STKE stock (calculated based on the volume-weighted average price over the 90 days prior to the completion of the acquisition).HoudiniSwap is a non-custodial, privacy-focused cross-chain exchange aggregation platform that supports competitive exchange routing across centralized and decentralized exchanges as well as blockchain bridges, with revenue of approximately $13 million last year.

According to Cointelegraph, Admiral Samuel Paparo of the U.S. Navy stated at a Senate Armed Services Committee hearing that Bitcoin is a "valuable computer science tool," and its proof-of-work technology has significant applications in cybersecurity, increasing the cost of attacks for adversaries and can be used to protect data, information, and command signals, helping to support U.S. national security interests.Paparo noted, "Beyond the economic aspect, it has very important computer science application value in cybersecurity." Previously, Jason Lowery, a member of the U.S. Space Force, also made similar points in 2023.

According to official social media news, the decentralized contract trading platform SunX will hold a themed live broadcast titled "Bull and Bear Divergence: TradFi is Hot, Should We Trade Cryptos or US Stocks?" today at 20:00 (UTC+8). At that time, crypto KOLs including Jack C., Sister Mao, DaDa, Shizi Yang|Golden.S, and Qiu Rong will attend to discuss the current divergence trends between the US stock market and the crypto market, the rotation logic of funds between traditional finance and crypto assets, as well as trading strategies and risk control in different market environments. They will also provide forward-looking assessments of potential opportunities and asset allocation paths for the future market.

Since March 19, Hyperliquid Strategies Inc has purchased 220,000 HYPE, worth approximately $8.58 million, and currently still holds $112.6 million in cash reserves.At present, Hyperliquid Strategies Inc holds a total of 18.82 million HYPE, worth approximately $738 million.

According to the official website of SOL Strategies, SOL Strategies Inc. has signed a final agreement to acquire the assets of Darklake Labs, a native zero-knowledge technology company on Solana, for $1.2 million. The transaction price consists of $200,000 in cash and $1 million in equivalent common stock.Darklake's core product, Zyga, is a dynamic zero-knowledge proof system native to Solana that provides privacy protection at the transaction execution level and eliminates front-running and sandwich attacks.After the completion of the transaction, the core team of Darklake will join SOL Strategies, including CEO Vitor Py Braga (formerly with Meta and IBM), COO Amber Hales (formerly with Coinbase, with nearly a decade of compliance experience), and zero-knowledge research lead Tiago Alves.

SOL Strategies Inc. has signed a final agreement to acquire the assets of Solana native zero-knowledge technology company Darklake Labs for $1.2 million, with the transaction price consisting of $200,000 in cash and $1 million in equivalent common stock of the company.Darklake's core product Zyga is a dynamic zero-knowledge proof system native to Solana, which can achieve privacy protection at the transaction execution level and eliminate front-running and sandwich attacks. After the closing, Darklake's core team will join SOL Strategies, including CEO Vitor Py Braga (formerly of Meta and IBM), COO Amber Hales (formerly of Coinbase, with nearly a decade of compliance experience), and zero-knowledge research lead Tiago Alves.

According to BBX data, yesterday, with the start of the first complete trading week of the second quarter, global listed companies disclosed several key data points regarding "cross-border positioning":$15 million initial position: DraftKings (NASDAQ: $DKNG) disclosed that it has completed a strategic allocation of $15 million in Bitcoin. As a North American sports betting giant, the company plans to use this reserve as the underlying clearing fund pool for its upcoming "Web3 event prediction market."100% hash rate retention: Greenidge Generation (NASDAQ: $GREE) released operational guidance for March and early second quarter yesterday, announcing that its mining facility in New York State has officially entered the 100% output retention phase and has further reduced the acquisition cost of each BTC by utilizing low off-peak electricity prices.$5 million IP anchoring: Lionsgate (NYSE: $LGF.A) confirmed yesterday that it has allocated $5 million to purchase Bitcoin. This marks the first time a leading Hollywood studio has included digital hard assets on its balance sheet, aiming to provide real asset backing for the on-chain tokenization (RWA) of its future film IP.Treasury hedge infrastructure: Cboe Global Markets (BATS: $CBOE) announced yesterday the launch of two brand new "enterprise-level Bitcoin volatility index options," specifically designed for listed companies with more than 500 BTC on their balance sheets, helping them smooth out the fluctuations in book value during quarterly reporting periods.

According to the company's press release, HYPE Treasury Company Hyperliquid Strategies Inc announced on Tuesday the launch of options trading for its common stock PURR on the Nasdaq options market in the United States, aimed at improving the liquidity and price discovery mechanism of PURR stock. PURR stock provides investors with a capital-efficient way to access Hyperliquid's native token HYPE. Hyperliquid Strategies primarily accumulates HYPE tokens through staking, yield optimization, and ecosystem participation to maximize shareholder value.Hyperliquid Strategies CEO David Schamis stated, "This is an important milestone for the company. PURR options enable our investors to better manage risk and participate in the rapid growth of the Hyperliquid high-performance ecosystem."Schamis pointed out that at the time of the options launch, Hyperliquid is experiencing record growth, thanks to a surge in trading volume of oil perpetual contracts and other tokenized real-world assets. Just six months after its launch, the total open contract volume for the tokenized traditional asset perpetual futures market HIP-3 on Hyperliquid has reached a new peak of $1.74 billion.

According to the recent "2025 Cryptocurrency Quantitative Strategy Index Report" released by 1Token, Bybit Institutional has demonstrated significant structural advantages in cryptocurrency quantitative strategies, particularly excelling in the Delta neutral and USD neutral strategy categories.The report analyzes data from over 50 strategies managed by 25 professional trading teams, focusing on the three mainstream investment strategies in quantitative trading and the performance of various institutional strategies. In the face of macro volatility and liquidity pressures in 2025, Bybit Institutional showcased exceptional resilience, delivering results that exceeded expectations. Notably, Bybit exhibited a sustained competitive advantage in key metrics:Delta neutral strategy: Bybit achieved a return of 9.48% among major exchanges while maintaining the lowest maximum drawdown and volatility.USD neutral strategy: Delivered a return of 66.69%, significantly surpassing the industry benchmark.Bybit Institutional's strong performance in 2025 is attributed to its deep liquidity, efficient execution capabilities, and robust infrastructure support, with liquidity depth and execution quality playing a crucial role in determining the performance of decisive strategies.

The digital asset trading platform Gate has launched a no-code AI quantitative workstation, which allows users to generate trading strategies through natural language and deploy them to live trading with one click. Users do not need to write code; they simply describe their trading ideas in natural language, and the system automatically generates executable quantitative strategies. It also conducts backtesting based on real historical market data, supporting one-click deployment to operate in the real market. The platform connects natural language strategy generation, production-level backtesting engine, and real trading execution, forming a complete closed loop of "strategy conception --- data validation --- trading execution," significantly lowering the barriers to quantitative trading.At the same time, Gate has launched Gate for AI, building a unified AI capability interface system that integrates five key capabilities: CEX, DEX, wallets, real-time information, and on-chain data. The AI quantitative workstation further expands application scenarios on this basis, extending AI from data and research to strategy generation and trading execution. With the continuous integration of AI and trading infrastructure, Gate is continuously strengthening AI-driven trading capabilities and advancing the implementation of the Intelligent Web3 strategy.

According to Artemis data, in the context of the current market being generally under pressure, Hyperliquid Strategies ($PURR) is the only DAT that has recorded a paper profit, with unrealized gains of $356 million, while all other similar products are in a loss position.

According to observations from Gate Research Institute, the current implied volatility (IV) for BTC and ETH is approximately 53% and 69%, respectively. The BTC IV is near the 88th percentile of the past year, reflecting a significant increase in the options market's expectations for short-term price volatility. Over the past week, the 25-Delta Skew for BTC and ETH has remained in negative territory, initially converging before sharply dropping to -18 vol on the short end around the 23rd to 24th, indicating a temporary rise in risk aversion; subsequently, the Skew quickly recovered, showing that the impact is driven by short-term events.From the GEX distribution perspective, Gamma is concentrated around the end of February expiration, putting pressure on short-term volatility; there is negative Gamma in mid-March, and if this range is reached, volatility may be amplified, posing a structural switching risk. In the past 24 hours, large options trades for BTC and ETH have been predominantly bullish: the largest structure is BTC 27MAR26 buy 90k-C / sell 100k-C, approximately 600 BTC, with a net premium expenditure of $70,000; for ETH, it is 27MAR26 buy 2500-C, approximately 9,000 ETH, with a net premium payment of $220,000.Gate has fully upgraded its options VIP fee structure, covering all options products, achieving substantial fee reductions for users from beginners to professionals. VIP0 can enjoy lower rates without asset or transaction thresholds, giving newcomers a cost advantage from the start; during the growth phase, users with "hundred-thousand assets, million transactions" can upgrade to lower rates, with thresholds far below the billion-level transaction or high asset requirements of mainstream platforms; professional and institutional users at VIP10+ can enjoy extremely low rates of Maker 0% and Taker 0.015%, truly achieving cost optimization across all stages.

According to PR Newswire, the US stock HYPE treasury company Hyperliquid Strategies (PURR) announced its financial report, spending $129.5 million to purchase 5 million HYPE tokens at an average transaction price of $25.9, and currently still holds $125 million in cash reserves.

According to the latest "January 2026 Private Wealth Management Monthly Report" released by Gate, the crypto market experienced a sell-off in January, with BTC and ETH dropping by 10% and 18% respectively. In the overall pressured market environment, the Gate Private Wealth Quantitative Fund performed relatively steadily, with the USDT strategy achieving a return rate of 6.7% over the past year. The report noted that the Interstellar Hedge (USDT) strategy stood out with a monthly annualized return rate of 5.0%, while the Quantum Leap (USDT) and Interstellar Hedge (USDT) strategies have achieved a 100% monthly win rate since their inception. The annualized return rate of the top 30% portfolio in January reached 4.5%, significantly outperforming Bitcoin and U.S. Treasury yields.From an overall perspective, Walsh's appointment is not sufficient to be interpreted as a comprehensive tightening of monetary policy stance; the mainstream market expectation still believes there is room for two rate cuts this year. Although adjustments in monetary policy expectations and increased phase selling have intensified market volatility, historical data indicates that we are more likely in a market consolidation phase, with long-term structural trends still having development potential.

The Nasdaq-listed company Addentax Group announced that it has signed memorandums of understanding with two investment institutions to issue common stock at a price of $1.50 per share to raise a total of $200 million, in order to support business growth in the fields of artificial intelligence (AI) and cryptocurrency financial services.The company proposed a long-term investment and holding strategy for crypto assets last year, planning to acquire up to 12,000 bitcoins, as well as cryptocurrencies like TRUMP.