contracts

As U.S. consumer confidence data remains strong, driving expectations for high interest rates and rising U.S. Treasury yields, gold and silver are under pressure. According to CoinGlass data, gold (XAU) is currently priced at $4,225.56, with a 24-hour decline of 1.45%; silver (XAG) is currently priced at $62.69, with a 24-hour decline of 2.41%.During the period of significant market fluctuations, trading volume for Gate precious metal contracts surged: Gate silver contracts had a 24-hour trading volume of $59.5667 million, ranking second in the industry; Gate XAU gold holdings are approximately $417.78 million, also ranking second in the industry.

The Binance Futures platform will launch multiple USDT-denominated perpetual contracts on September 28, including OKLOUSDT, TWSTUSDT, CVNAUSDT, RUMUSDT, and XOMUSDT. The specific launch times are 17:00, 17:05, 17:10, 17:15, and 17:20, with a maximum leverage of 20 times.

According to CoinGlass data, QNT is currently priced at $265.23, with a 24-hour increase of +52.21% and a 7-day increase of up to +309.1%. The contract trading volume reached $8.248 billion, while the spot trading volume was $597.5 million, showing a significant increase in trading volume.In terms of positions, the open interest is approximately $163.4 million. Liquidation data shows a total liquidation of $25.3467 million in the last 24 hours, with short liquidations amounting to $17.1941 million and long liquidations amounting to $8.1526 million.

According to Cointelegraph, the prediction market platform Kalshi won an important ruling from the U.S. Sixth Circuit Court of Appeals, allowing it to continue operating its event contracts in Ohio and Tennessee.The ruling involves a dispute between Kalshi and the relevant state regulatory agencies regarding whether event contracts can continue to be offered. Cointelegraph stated that the court ruled to allow Kalshi's event contracts to continue operating in the aforementioned two states.

Analysis released by a16z crypto on September 23 shows that the total transaction volume of real-world asset perpetual contracts in August 2026 is $11.73 billion, with on-chain platform transaction volume accounting for about $10.1 billion, or 86%; centralized exchange transaction volume is about $16 billion, an increase of 44 times compared to the same period last year. A year ago, the on-chain platform transaction share was only one-third or lower.As of the end of August, the open interest size is $4.8 billion, expanding about 30 times from $161 million in July 2025. In terms of transaction volume, stocks account for 48%, commodities for 28%, and indices for 18%, indicating a shift in transaction structure from being commodity-dominated previously. a16z states that the HIP-3 protocol launched by Hyperliquid in October 2025 simplifies the creation of new perpetual markets and enhances liquidity sharing.

According to Bloomberg, informed sources say that contracts betting on the collapse of institutions such as Wells Fargo, JPMorgan Chase, and Bank of America on the prediction market platform Polymarket have raised concerns among FDIC officials and members of Congress. Some individuals worry that the expansion of such contracts could fuel real-world bank runs.After internal discussions, the FDIC believes that the current ethical guidelines are sufficient to prohibit insiders from participating in trading. Currently, the trading volume of these contracts is relatively small, with recent bets on bank collapses before the end of the year amounting to approximately $76,000.

The New Zealand Exchange O.G. Com has submitted an application to the CFTC to launch single stock perpetual futures, attempting to bring traditional stock leveraged trading into the DeFi space.

According to The Block, Ethena is incorporating tokenized U.S. stocks and Binance stock perpetual contracts into the foundational trading support strategy of USDe. Among them, Binance bStocks will serve as the tokenized spot support asset, while Ethena will hedge through Binance stock perpetual contracts to maintain Delta neutrality.The Ethena Risk Committee has previously approved the inclusion of tokenized stock foundational trading into the allocation strategy. Ethena stated that the open interest of Binance stock perpetual contracts has currently exceeded $2.9 billion, with a monthly average compound growth rate of 105% this year, and the average annualized return of stock foundational trading over the past six months has been 3.56%; the company expects that as more stock market assets go on-chain, the opportunity size of stock perpetual contracts will ultimately significantly exceed that of the cryptocurrency perpetual contract market.Guy Young, founder of Ethena Labs, stated that this is the most important expansion of its funding mechanism since the launch of USDe.

According to Decrypt, Mike Selig, the chairman of the U.S. Commodity Futures Trading Commission (CFTC), stated that after the Senate rejected the Clear Act, the CFTC will continue to advance the formulation of rules for the cryptocurrency market structure, saying "now is the time for action." Selig pointed out that the CFTC's existing statutory authority provides room for advancing the rules without waiting for Congress to pass new legislation.The agency will also reassess the current rules applicable to algorithmic and smart agent-driven 24/7 on-chain markets. Related arrangements may include establishing designated contract market categories that allow exchanges to offer cryptocurrency leveraged trading under CFTC regulation; however, the CFTC does not have the authority to regulate the spot market, and regulation of the spot market still requires legislation.

According to official news, Gate has launched the world's first stock event contract, expanding the underlying coverage from crypto assets to traditional stocks, supporting bullish or bearish trades in short cycles such as 5 minutes and 15 minutes.As a flexible and efficient short-term trading tool, the Gate event contract has four core advantages: in terms of risk control, the product features zero leverage and low risk, with no forced liquidation or margin call mechanism, and the maximum loss is limited to the initial invested principal; in terms of rules and mechanisms, the criteria for price rise and fall, settlement standards, and transaction fees are all open and transparent throughout the process; in terms of trading flexibility, it supports closing positions at any time, allowing users to control the pace, lock in profits, or stop losses in a timely manner; in terms of participation threshold, it only requires an investment of 5 USDT to start, helping investors quickly implement short-term strategies.Currently, the official incentive program has been launched simultaneously. The second phase of the Gate event contract limited-time trading competition officially started on September 21 at 16:00 (UTC+8) and will continue until October 1 at 08:00 (UTC+8). The event includes rewards for first trades and consecutive trades for new users, daily trading volume tiered rebates for all participants, and a grand prize for cumulative trading volume leaderboard, with participating users having the chance to win a prize pool of up to 12,500 USDT.

Coinbase Chief Business Officer Shan Aggarwal published a post disclosing the integration progress after acquiring the cryptocurrency options trading platform Deribit, stating that the overall integration progress is "generally good." As of now, several advancements have been completed, including the launch of over 100 new USDC settlement contracts in 5 market areas, covering pre-IPO perpetual contracts, marking the largest expansion of perpetual contracts in Deribit's history.For the first time, stocks and ETFs are being traded in the form of perpetual contracts; a new matching engine has been launched to enhance the core trading infrastructure, making the large-scale trading environment faster and more stable while maintaining the user experience; and Deribit's spot trading has accessed Coinbase's spot liquidity. Shan Aggarwal added that the platform integration process still faces a lot of work, and more phased results will be announced in the future.

According to the official announcement, Huobi HTX has launched MUBARAK/USDT and OURA/USDT perpetual contracts on September 23, supporting 1-20 times long and short operations. At the same time, from now until September 29 at 15:00 (UTC+8), Huobi HTX is launching a new contract trading competition. Users who complete registration, participate in the contract trading of the event tokens, and meet the specified thresholds will have the opportunity to share a total prize pool of 1 billion $HTX.

The Binance Futures platform will launch the OURAUSDT U-based Pre-IPO perpetual contract on September 23 at 16:30, with a maximum leverage of up to 20 times.

The open contracts on Hyperliquid reached 18 billion dollars, setting a new historical record.

The U.S. Commodity Futures Trading Commission (CFTC) market regulatory department announced that prediction contracts based on whether specific individuals mention certain words or attend events face a high risk of market manipulation and can only be launched on designated contract markets under limited circumstances.CFTC recommends that relevant platforms assess whether individuals who can influence contract outcomes are bound by legal, professional, contractual, fiduciary, or confidentiality obligations, and take proactive trading rules and risk control measures to prevent manipulation.

According to Ember Monitoring, the largest long position on Hyperliquid closed 1,000 BTC (approximately 87.14 million USD) at an average price of 87,142 USD, making a profit of 8.52 million USD, and still holds 170 million USD in long positions (400 BTC and 50,000 ETH) with an unrealized profit of 15.57 million.

The Binance Futures platform will launch the MOONSHOTUSDT U-based Pre-IPO perpetual contract on September 22 at 16:30, with a maximum leverage of up to 20 times. This contract supports 24/7 trading and is settled in USDT.

Aster announced the launch of the VERONA ($VERONA) perpetual contract, with the trading pair VERONAUSDT. The launch time for the perpetual contract is September 21, 2026, at 12:00 UTC. To coincide with the launch, Aster is also launching the Trade Arena trading competition, which will run from September 21, 2026, at 12:00 UTC to September 26, 2026, at 14:00 UTC, with a prize pool of $30,000 in ASTER, along with additional VERONA rewards.Rewards will be distributed based on the user's trading volume as a proportion of the total trading volume of all eligible participants, with a maximum reward cap of 3% of the total prize pool for a single user, and a minimum distribution threshold of no less than 1 VERONA and 1 ASTER. The event is open to all new and existing users, excluding market makers; only trades completed through the Aster perpetual contract during the event period for VERONAUSDT will be counted, including trades via supported channels such as Binance Wallet, Trust Wallet, SafePal, etc. Abusive behaviors such as wash trading, self-trading, and splitting wallets will result in disqualification.Verona (@verona_dev) is building a decentralized fact verification engine that can transform any internet data into verifiable facts and store them on-chain for reuse, allowing verified facts to be used across applications without exposing underlying data. The official claims that its technology has been used by brands such as Uber, Amazon, Nike, and millions of users. For complete rules, please refer to the official announcement.

According to CoinDesk, the Bitcoin Volatility Index BVIV's perpetual contract was launched on Hyperliquid on Monday, allowing traders to bet on the magnitude of Bitcoin price fluctuations rather than the direction directly on the on-chain exchange. The BVIV index is often referred to as the "Bitcoin VIX," which tracks the expected implied volatility of the cryptocurrency over the next 30 days in real-time, similar to the Chicago Board Options Exchange VIX index that tracks the implied volatility of the S&P 500 index.The newly launched perpetual market allows traders to directly go long or short on the volatility index without needing to express their volatility views indirectly through costly options tools that require derivative expertise. The perpetual contract uses USDC as collateral and pricing asset, initially supporting up to 5x leverage. The Seda oracle infrastructure is responsible for connecting the Volmex index to the Markets exchange on-chain.Cole Kennelly, founder and CEO of Volmex Labs, stated that the launch of the BVIV index perpetual contract on Hyperliquid provides crypto traders with a convenient tool for volatility hedging and speculation. This launch is led by the on-chain perpetual contract platform Markets by Kinetiq based on Hyperliquid, in collaboration with Volmex and Perps.inc, marking the first joint deployment of the three parties and the first time the Volmex Bitcoin Volatility Index has gained access to an on-chain perpetual contract market. Hyperliquid is the world's largest decentralized perpetual contract exchange, with an average daily trading volume of several billion dollars and a fully diluted valuation of over $90 billion.

The Non-Small Number Union TuringBitChain is advancing the Non-Small Number × GWDC 2026 Innovation Forum. TuringBitChain will participate as a co-organizer in this forum, which will be held on September 29, 2026, at AT CENTER in Seoul, South Korea, focusing on topics such as stock tokenization, Web3, and AI.TuringBitChain (TBC) will participate in this forum as a co-organizer. TBC is an independent Layer 1 public chain based on the Bitcoin UTXO model, using SHA256 PoW consensus, and supports Turing-complete smart contracts on the UTXO architecture through BVM and TuringContract. During the conference, TuringBitChain project guest Marcus Cheng will also give a speech, serving as the Marketing Director for the Asia-Pacific region of TBC.This GWDC event in South Korea is expected to attract 5,000 participants, with the South Korean Deputy Prime Minister and Minister of Finance, Sun Yuchen, Microsoft, Bithumb, Animoca Brands, and other representatives from politics, business, technology, and Web3 also appearing on-site. TBC's participation will bring topics such as UTXO Layer 1, asset tokenization, AI Agents, and high-frequency micropayments into a denser international exchange scenario.