exchange

According to The Block, the Benchmark Report released by Borderless.xyz for Q2 2026 shows that the delivery quotes for stablecoin cross-border payments in each month of the second quarter were all below the interbank foreign exchange rate midpoint. Data covering 108 countries and 260 payment corridors indicates that the median "parity spread" for the quarter was -3.2 basis points, further widening to -5.9 basis points in June, marking the deepest negative value of the year.The report also shows that the typical delivery cost for a $10,000 cross-border payment in the second quarter was approximately $27, and it has remained around this level for five consecutive months. If companies only connect to a single service provider in the long term, they will pay an average of about $2,330 more compared to the optimal quote for every $1 million payment scale, known as the "routing tax."Regionally, the African market showed the most significant fluctuations, with the price point spread widening by 166 basis points to 512.8 basis points; Latin America compressed to 89.0 basis points, while Asia remained relatively stable at 6.1 basis points. In specific corridors, Malawi experienced a one-day repricing of 5.8% on April 9, with the typical spread jumping from about 296 basis points to 1975 basis points.

According to on-chain analyst Yu Jin's monitoring, the ETH/BTC exchange rate has recently rebounded from 0.02524 to 0.02855. A certain whale specializing in ETH/BTC exchange trading exchanged 13,708 ETH for 393.4 BTC half an hour ago, worth 25 million USD, shorting the ETH/BTC exchange rate, with a transaction rate of 0.02855.This whale is a coin-based trader; if the exchange rate falls, they can exchange back for more ETH. Over the past six months, through multiple exchange rate trades, they have increased their coin-based holdings by 6,475 ETH, worth 11.78 million USD.

According to Digital Asset, the weekly trading volume of the top 5 cryptocurrency exchanges in South Korea has declined for 5 consecutive weeks. From July 3 to 10, the total weekly trading volume of the 5 exchanges was approximately 9.9676 trillion won, a decrease of 25.75% from the previous week's approximately 13.4 trillion won, marking the first time in nearly 2 years and 9 months that it has fallen below 10 trillion won since recording about 9.6 trillion won in the last week of September 2023.The report pointed out that the weekly trading volume of the top 5 exchanges has continued to weaken since June, with figures of 17.7 trillion won, 15.4 trillion won, 14.6 trillion won, and 13.4 trillion won respectively. Compared to the trading volume in the first week of June, the cumulative decline over the past month is approximately 43.5%.In terms of market share among exchanges, Upbit continues to rank first with 63.02%, but this is a decrease of 3.95 percentage points from the previous week; Bithumb rose to 29.51%, an increase of 2.38 percentage points; Coinone rose to 6.66%, an increase of 1.46 percentage points; Korbit and Gopax are at 0.78% and 0.03%, respectively.

According to official news, some users of the Phantom wallet are currently experiencing performance issues when using transfer and exchange functions. The team is investigating and addressing the issue and will provide timely updates on the progress.

Binance's official announcement shows that the total scale of stablecoins held by cryptocurrency exchanges has reached $93 billion, of which Binance holds approximately $53 billion, accounting for 57% of the market share, which is $42 billion higher than the stablecoin reserves of the second-ranked exchange platform.In addition, since the beginning of 2025, the stablecoin reserves of exchanges have cumulatively increased by 61%, adding approximately $35 billion, while Binance's market share has also risen from 54% to 57% during the same period.

According to on-chain data, 181,000 SOL held by a certain early investor (OG) in Solana, previously disclosed by on-chain detective ZachXBT, was stolen, valued at approximately $14.2 million at current prices.The attacker subsequently sold all 181,000 SOL and transferred the funds across chains to the Ethereum network, ultimately exchanging them for 7,918 ETH.Currently, the attacker has completed the asset transfer and exchange operation from Solana to Ethereum. The specific reasons for the incident and the method of fund theft have not yet been disclosed.

According to RootData's ranking data for stock derivatives exchanges, this list ranks and scores exchanges that support stock derivatives trading based on dimensions such as trading volume, open interest, spreads, depth, trading costs, and data collectability. Currently, the top three exchanges by 24h trading volume are Binance, OKX, and Bitget, among which:Binance scored 91.5, supports 125 contracts, has an open interest of approximately $2.265 billion, a 24h trading volume of approximately $13.889 billion, and a funding rate of +0.0027%.OKX scored 90.2, supports 120 contracts, has an open interest of approximately $444 million, a 24h trading volume of approximately $2.81 billion, and a funding rate of +0.0026%.Bitget scored 90.1, supports 228 contracts, has an open interest of approximately $762 million, a 24h trading volume of approximately $2.125 billion, and a funding rate of +0.001%.

According to Jinshi reports, Moon Ji-sung, an official from South Korea's Ministry of Economy and Finance responsible for exchange rate policy, warned on Friday that the current exchange rate of the dollar against the won is still inconsistent with economic fundamentals, and if necessary, his team has ample room to stabilize the market.He stated that he expects the supply and demand dynamics of the domestic foreign exchange market to change in the second half of 2026 and predicts that exporters' dollar holdings will bring in capital inflows through foreign exchange forward contracts.

RootData has launched the [Stock Perpetual Contract Exchange Ranking](https://cn.rootdata.com/exchanges/stock), covering centralized and decentralized platforms that support stock perpetual contracts and other stock-related derivatives trading, aiming to establish a reliable data benchmark for investors. It is reported that RootData's ranking directly collects primary data through the exchanges' official APIs and public market data sources, rather than relying on third-party data service providers, thus maximizing the originality, timeliness, and accuracy of the data. In addition, this ranking system will continuously track the performance of each platform across multiple dimensions, including trading volume, open interest, liquidity, spreads, depth, trading costs, and contract coverage. Currently, RootData's data submission channel is open, supporting exchanges with stock perpetual contract business to submit official APIs and supplementary data.

According to Cointelegraph, Santiment data shows that the exchange supply of Bitcoin and Ethereum is close to historical lows, with Bitcoin at its lowest level since 2017 and Ethereum at its lowest level since 2015, reflecting increased confidence in investor holdings.

Cryptocurrency exchange EDX Markets, supported by Wall Street giants, announced the completion of a $76 million Series C funding round, led by Japanese financial group SBI Holdings. The funds will be used to expand its institutional digital asset trading, clearing, and settlement capabilities, accelerate product development, and drive global business expansion.SBI previously launched the yen stablecoin JPYSC, supported by trust banks, and plans to handle dollar stablecoins such as RLUSD and USDC in Japan. This investment is seen as part of its strategy to strengthen compliance and digital asset infrastructure. Earlier this year, EDX launched the "EDX Flow Connect" crypto-as-a-service product and submitted an application to the Office of the Comptroller of the Currency (OCC) to establish a regulated custody and clearing institution, EDX Trust, to provide custody, clearing, settlement, and risk management services for institutions.

According to Jinshi reports, the US dollar index, which measures the dollar against six major currencies, rose slightly by 0.01% on July 6, closing at 100.853 in the foreign exchange market. 1 euro exchanged for 1.1443 US dollars, higher than the previous trading day's 1.1439 US dollars; 1 pound exchanged for 1.3395 US dollars, higher than the previous trading day's 1.3356 US dollars; 1 US dollar exchanged for 162.06 Japanese yen, higher than the previous trading day's 161.36 Japanese yen; 1 US dollar exchanged for 0.805 Swiss francs, higher than the previous trading day's 0.8035 Swiss francs; 1 US dollar exchanged for 1.4209 Canadian dollars, higher than the previous trading day's 1.4198 Canadian dollars; 1 US dollar exchanged for 9.6255 Swedish kronor, lower than the previous trading day's 9.6436 Swedish kronor.

Tom Lee, the chairman of BitMine, Ethereum's largest treasury, stated that although there is still widespread skepticism about ETH in the market, the ETH/BTC exchange rate is rising, indicating that investors are anticipating an improvement in the visibility of cryptocurrency "use cases," which is a good thing for the market.

According to BBX data, last week the largest listed company in Asia, the BTC reserve party, announced record quarterly coin purchase data, and the world's largest RWA tokenization platform officially landed on the New York Stock Exchange. The core dynamics are as follows:Metaplanet Inc. (TSE: 3350) officially disclosed its Bitcoin accumulation data for Q2 2026 on July 1: throughout the quarter, it purchased 2,823 BTC at an average price of approximately $78,872 (35.4886 billion yen), totaling about $225 million. As of June 30, the total holding increased to 43,000 BTC, with a total cost of about $4.09 billion (overall average price of $95,209). The uniqueness lies in the fact that the company's specialized Bitcoin options trading business generated operating income of $10.95 million in Q2, which, when directly offset against the coin purchase cost, resulted in an effective net purchase average of approximately $75,032 per coin (although still at a discount compared to the current market price of about $61,000, it saves about 4.8% compared to the nominal average of $78,872); the total options income for H1 2026 was $29.2 million, with trailing 12-month options income of $70.7 million; Q2 BTC Yield (holding amount/effective diluted shares ratio) increased by 6.6% year-on-year; the source of funds for this quarter's coin purchases was credit lines, ordinary bond issuance, and options income, without using equity dilution methods. The company also disclosed that it has reached an agreement to acquire the licensed Japanese Type 1 securities firm Siiibo Securities, which will be included in the "Project Nova" strategic expansion plan.Securitize Corp. (NYSE: $SECZ) officially completed its SPAC merger with Cantor Equity Partners II ($CEPT) at the beginning of July and was listed on the New York Stock Exchange, becoming the world's first NYSE-listed company with tokenized asset infrastructure as its core business. According to CoinDesk, on its first day of listing on the NYSE, the company tokenized $295 million of its own $SECZ stock and simultaneously deployed it on the Solana and Avalanche blockchains, marking the largest issuer-led tokenized public stock release to date. Securitize uses its own stock as a tokenization case to counter third-party synthetic token solutions (i.e., derivative structures without direct ownership) offered by competitors. The company previously managed over $4 billion in tokenized assets and established deep partnerships with NYSE, BlackRock, Computershare, Jump Trading, etc., with Q1 2026 revenue of $19.5 million; after the listing of $SECZ, it will serve as a valuation benchmark anchor for the RWA tokenization track, forming a strong triad in the on-chain asset securitization field alongside Coinbase (Base chain) and Galaxy Digital (institutional RWA lending).

According to monitoring by Lookonchain, an unusual transaction by a certain whale showed that 1,126.44 ETH (worth about 2.01 million USD) was exchanged for 5,776 LIT (worth about 14,000 USD), resulting in an on-paper loss of nearly 2 million USD.The transaction price deviated extremely from the market value, leading to significant slippage losses.