[PEPE Whale Opens Long Positions on HyperLiquid After Selling Assets] According to monitoring by Onchain Lens, a PEPE whale dormant for 7 months sold 501 billion PEPE (approximately $4.6 million) and 561,900 EIGEN (approximately $819,000). Subsequently, the whale exchanged ETH for USDC and deposited $5.53 million into HyperLiquid, opening long positions on ASTER (2x) and XPL (3x).

Ethena Labs founder Guy Young stated that Ethena is accelerating the integration of the Hyperliquid ecosystem and plans to collaborate with Liminal to launch a new type of stablecoin. This stablecoin requires users to lock 1 million HYPE tokens and offers the same fee discounts as USDH. The new stablecoin supports mainstream assets such as BTC, ETH, and SOL as collateral, while providing a yield mechanism similar to USDe. Additionally, Young revealed that Ethena has invested in Based to jointly advance the HIP-3 unified exchange initiative.

According to the popularity ranking, FF's popularity has decreased by 370000 followers compared to yesterday, ranking first. The popularity ranking is as follows: ① FF （$0.1942，-13.07%） ② EDEN （$0.4249，-68.99%） ③ XPL （$1.07，-2.73%） ④ ASTER （$1.71，-5.52%） ⑤ ETH （$4295.74，3.01%） The purchasing power of FF's main funds is average, with a net inflow of $1002.40 within 24 hours and a 24-hour transaction of $0.00, of which the main funds have a net inflow of $0.00.

A competitive battle has erupted in the perpetual decentralized exchange (perp DEX) sector, with emerging platforms like Aster and Lighter significantly challenging Hyperliquid’s former dominance. But what do bosses of centralized exchanges say about the ongoing trend.

Bitcoin and ether rally on the first day of October alongside record gold prices, boosting pre-market gains for U.S. crypto stocks.