Earning $2.7 Billion in Revenue Yet Net Loss: Is Circle Essentially ‘Working for’ Coinbase? | Bee Network
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The key difference is that this time, S&P proactively sought out and licensed its brand to a decentralized protocol. The contracts use USDC as margin, are targeted at non-U.S. investors, trade 24/7, and have no expiration date. According to the S&P Global press release, over $1 trillion in S&P 500-linked exposure is traded daily in traditional markets. Now, a small portion of that access point has moved on-chain. But the significance of this event isn’t about compliance. It’s about traditional finance actively seeking out on-chain infrastructure to reach users and timeframes it previously couldn’t. The reason S&P chose Hyperliquid is hidden in the data from the past six months. HIP-3 is a permissionless perpetual contract deployment protocol launched by Hyperliquid in 2025, allowing anyone to create new trading markets on…# Analysis# crypto# defi# ethereum# Exchange# Market# Token# ToolPre
BitMart Research Weekly Highlights: Geopolitical Impact Cools, BTC Opens Upward SpaceNext
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