The Hyperliquid platform has maintained an average revenue of approximately 3.2 million USD per day since October 11, with a total of approximately 115 million USD generated from it. Despite the more challenging market conditions, revenue remains stable.
In addition, the fee rate has steadily increased since October, helping Hyperliquid reduce its reliance on revenue and trading volume.$HYPE
In the past 24 hours, 98,864 traders have been liquidated, with a total liquidation amount of $170.34 million USD. Binance leads with $68.68 million USD, followed by Bybit with $38.72 million USD and OKX with $25.06 million USD. The largest single liquidation order on Binance was the ZECUSDT pair with a value of $1.48 million USD.
🔐 Highlights from the past week from @zama Protocol
Hello everyone! Here is a quick summary of the most notable developments regarding Zama this week.
1. Zama acquires KKRT Labs
Zama officially acquires KKRT Labs — a strong research team focused on ZK-proof and blockchain scalability. This deal helps Zama accelerate the development of ZK-rollup, aiming for performance exceeding 10,000 TPS on Ethereum and Solana.
This is a step forward for Zama to not only be a confidential layer but also to become a high-speed platform for DeFi, payments, and security applications.
2. Creator Program Season 4
Zama announces season 4 with a reward pool of $53,000/month and a more transparent point system.
Simply creating content (articles, videos, slides, meetups, translations) gives you a chance to receive rewards + NFT OG.
Zama also releases a technical slide deck and roadmap — useful resources for newcomers and developers.
3. Developer Program – September results
A total of 672 submissions, 309 valid entries. Some notable projects:
• Belief Protocol – conviction market using FHE
• CAMM – secure AMM based on Uniswap V2
• Confidential OTC Marketplace
• Privacy AMM – ERC-7984
• UniversalPrivacyHook – private swap on Uniswap V4
These results show that the Zama developer community is growing very quickly.
Bellscoin (BEL) is a meme-based cryptocurrency that initially launched in 2013 but failed to attract significant attention and was eventually forgotten for some time. Recently, it has been revived and gained more recognition thanks to technological advancements and its merged mining feature, which allows it to be mined alongside more popular cryptocurrencies like Dogecoin and Litecoin.
### **History and Development of Bellscoin**
Bellscoin was created as a fun cryptocurrency, inspired by the in-game currency “Bells” from the popular game *Animal Crossing*. Billy Markus, who co-founded Dogecoin, also developed Bellscoin with the goal of making cryptocurrency more accessible and fun for users, particularly those unfamiliar with complex technologies. Bellscoin uses the Scrypt algorithm, the same as Litecoin and Dogecoin, allowing it to be mined using common hardware such as GPUs and CPUs【9†source】.
Although launched around the same time as Dogecoin, Bellscoin did not gain the same level of traction and soon faded into obscurity. However, in 2023, the community revived the project, leading to new growth, particularly with the introduction of merged mining. This feature enables Bellscoin to be mined simultaneously with Dogecoin and Litecoin, thereby increasing network security and profitability for miners【9†source】【10†source】.
### **Epoch Mechanism and Reward Reduction** Currently, Bellscoin is entering Epoch 4, during which mining rewards will drastically decrease, from 50% down to just 5 BEL per block. Similar to Bitcoin’s "halving" mechanism, this reduction is aimed at controlling inflation by limiting the number of new coins entering the market. When Bellscoin reaches Epoch 5, rewards will stabilize at 2 BEL per block, following a strategy similar to Dogecoin’s “tail emission,” which keeps a steady release of coins to maintain long-term value【10†source】.
Bellscoin (BEL) is a meme-based cryptocurrency that originated in 2013. It was inspired by the in-game currency "Bells" from the popular video game *Animal Crossing*.
Created by Billy Markus, who later became famous for co-founding Dogecoin, Bellscoin aimed to bring fun into the crypto world by mimicking the playful spirit of the game.
It uses the Scrypt algorithm, which is the same as Litecoin and Dogecoin, making it accessible to miners with consumer-grade hardware. Despite its innovative concept, Bellscoin did not initially gain much attention and faded into obscurity, especially after Dogecoin's rise.
However, it was revived in recent years by the community, attracting more interest as a pioneering meme coin. One key feature of Bellscoin is its random reward system, designed to reflect the unpredictable item collection in *Animal Crossing*.
While the total supply is unlimited, Bellscoin follows a block reward reduction mechanism. The mining rewards gradually decrease as it progresses through different "epochs."
Currently, Bellscoin is entering Epoch 4, where rewards will significantly drop, and the mining output will be reduced.
Recently, merged mining was introduced for Bellscoin, allowing miners of Litecoin and Dogecoin to simultaneously mine Bellscoin, which has improved its network security and profitability.
As of now, Bellscoin remains a niche cryptocurrency but has been steadily growing in terms of community and value. #Bellscoin #BELL #bells
Dogecoin Founder Clarifies Involvement in Cryptocurrency Development
According to Odaily, Dogecoin founder Shibetoshi Nakamoto recently clarified his involvement in the cryptocurrency space on the X platform. Nakamoto stated, 'I want to reiterate that apart from creating Dogecoin in 2013 (and previously Bells), I have not created any other cryptocurrency. Since 2014, I have not been involved in any cryptocurrency development and will not create or participate in any cryptocurrency in the future. Any claims associating me with other cryptocurrencies are false.'
The German government has sold all its Bitcoin holdings, now the price may be more stable. Guys, please try to hold the goods, if you still have them, please add more.
Don't give up guys, everything will be okay!!!! GM guys!!! #GM