A Hyperliquid address shorted a basket of tokens, with funding fees totaling $2.275 million in three days

PANews reported on August 25th that Zeus Network has officially announced a strategic liquidity partnership with Metalpha (NASDAQ: MATH), enabling Bitcoin deposits through APOLLO, the first decentralized application (dApp) on Zeus Network. Metalpha, an institutional asset management firm focused on digital assets, has begun accepting Bitcoin deposits through the Zeus Network on Solana. As part of this partnership, Metalpha will leverage Zeus Network's permissionless infrastructure as a liquidity provider, supporting network security through decentralized verification. The Metalpha team chose Solana to deploy Bitcoin liquidity because of its high-performance DeFi environment and highly active community. By providing Bitcoin to Zeus Network, Metalpha injects liquidity into Solana and strengthens the security of cross-chain Bitcoin transactions, seeking new avenues for sustainable on-chain yield generation. As Solana becomes a major hub for institutional-grade digital asset innovation, Zeus Network is expanding its ecosystem to ensure that Bitcoin liquidity remains fundamental to DeFi growth. Leveraging Metalpha's expertise in structured financial products and risk management, this partnership is expected to enhance the financial capabilities of the Solana network and Bitcoin as an asset, adding fuel to the already booming DeFi market. Justin Wang, co-founder and CEO of Zeus Network, said: “With Metalpha joining Zeus Network as a liquidity provider, we can leverage their experience in digital asset management to continue developing more accessible and scalable Bitcoin liquidity solutions for institutional Bitcoin holders.”

PANews reported on August 26th that deBridge, a multi-chain interoperability protocol, has integrated Tron, allowing users to swap assets in real time between Tron, Ethereum, Solana, and over twenty other blockchains. This deployment will connect Tron's high-throughput network to deBridge's routing system, enabling low-slippage, MEV-protected transfers. deBridge stated that this integration provides "full-stack interoperability," enabling Tron to integrate with leading ecosystems and supporting complex cross-chain interactions for users to complete within a single transaction.

PANews reported on June 25 that according to Bitcoin Magazine, BlackRock's Mitchnick said that Bitcoin is a "global, scarce, non-sovereign, decentralized asset that does not belong to any country."