137Labs

🔥Hot Events
1️⃣ The UK Treasury plans to collaborate with the US to promote innovation in the crypto industry.
2️⃣ The media company under Trump is exploring a utility token for the Truth Social ecosystem.
3️⃣ Eric Trump: The advantages of blockchain technology are significant, and the banking industry will be eliminated within ten years if it does not reform.
4️⃣ Tether minted 2 billion USDT on the Ethereum network in the early morning.
📖Project Updates
1️⃣ The number of independent addresses in the Ethereum L2 ecosystem has reached 13.6 million, a new historical high.
2️⃣ The US SEC has terminated its investigation into PayPal's stablecoin PYUSD.
3️⃣ Libre will launch a $500 million Telegram bond fund on the TON blockchain.
4️⃣ dingaling will launch the Solana-based token issuance platform boop this week and will conduct an airdrop.
⌚️Future Events
1️⃣ April 30: US - Quarterly real GDP annualized quarter-on-quarter preliminary value.
2️⃣ May 1: US April ISM Manufacturing Index (22:00)

🔥Hot Events
1️⃣US Secretary of Commerce: The United States will fully promote the development of the Bitcoin mining industry domestically
2️⃣Arizona legislature passes Bitcoin reserve bill and sends it to the governor
3️⃣Riot Platforms executive: Suggests Ethereum Foundation conduct an IPO on NASDAQ
4️⃣Beijing releases blockchain action plan, aiming to achieve more than 10 breakthrough results by 2027
📖Project Updates
1️⃣Ethereum Fusaka hard fork will be launched by the end of 2025
2️⃣FTX sues two token issuers to recover unreturned assets and plans to initiate more lawsuits.
3️⃣ether.f launches $40 million venture capital fund, with the first batch of projects including Resolv, RiseChain, etc.
4️⃣Parallel MPC network lka receives strategic investment from Sui Foundation, total financing exceeds $21 million
⌚️Future Events
1️⃣April 30: US - Quarterly actual GDP annualized quarter-on-quarter preliminary value.
2️⃣May 1: US April ISM Manufacturing Index (22:00)

137Labs On-Chain Express Report Issue 075
🔥Hot Events
1️⃣ Trump’s stance on tariffs towards China has not softened
2️⃣ The US SEC meets with Ondo Finance to discuss compliance for issuing tokenized securities
3️⃣ Coinbase executive: Sovereign wealth funds and insurance funds have quietly accumulated Bitcoin in April.
4️⃣ Metaplanet purchases an additional 145 BTC, total holdings exceed 5,000 BTC
📖Project Updates
1️⃣ Cardano founder: Ethereum may not survive in the next 10-15 years
2️⃣ CME Group announces plans to launch XRP futures on May 19, pending regulatory approval.
3️⃣ Ether.f transforms into a new DeFi bank and launches a cash card in the US
4️⃣ Quantitative trading startup Theo completes $20 million funding, led by Hack VC and others
⌚️Upcoming Events
1️⃣ April 30: US - Quarterly real GDP annualized quarter-on-quarter advance estimate.
2️⃣ May 1: US April ISM Manufacturing Index (22:00)

137Labs On-Chain Express Report Issue 074
🔥Hot Events
1️⃣Trump acknowledges that U.S. tariffs on Chinese imports are too high and plans to significantly reduce them
2️⃣Trump: No intention to fire Powell, but the Federal Reserve should lower interest rates
3️⃣Michael Saylor: The new chair of the SEC has a positive attitude towards Bitcoin
4️⃣The SEC confirms receipt of VanEck's application documents for a spot Avalanche ETF
📖Project Updates
1️⃣DWFLabs partners with MaskNetwork and invests $5 million to purchase $MASK tokens.
2️⃣PayPal plans to promote the use of the stablecoin PYUSD by offering a 3.7% balance interest.
3️⃣Symbiotic completes $29 million Series A funding, led by Coinbase Ventures and others.
4️⃣Ethereum L2 network Scroll launches the “Euclid” upgrade, promising to enhance network throughput and security
⌚️Upcoming Events
1️⃣April 23: G20 Finance and Central Bank Ministers' Meeting begins.
2️⃣April 24: Federal Reserve releases the Beige Book on economic conditions (2:00)

137Labs On-Chain News Report Issue 073
🔥 Hot Events
1️⃣ The probability of the Federal Reserve maintaining interest rates in May rises to 96.3%
2️⃣ The European Central Bank warns: US-driven cryptocurrency policies may pose a risk of financial crisis spread
3️⃣ Paul S. Atkins officially assumes the role of Chairman of the SEC.
4️⃣ CEOs of Consensys, Solana, and Uniswap have all donated to Trump’s inauguration fund
📖 Project Updates
1️⃣ The Hyperliquid mainnet validation node mechanism has launched, supporting 21 permissionless nodes to participate in consensus.
2️⃣ Astra Fintech establishes a $100 million investment fund to support Solana's development in Asia.
3️⃣ Hyperlane: HYPER token claims will open tonight at 20:00.
4️⃣ Unicoin refuses to settle with the SEC and will contest the charges in court.
⌚️ Upcoming Events
1️⃣ April 23: G20 Finance and Central Bank Ministers' meeting begins.
2️⃣ April 24: The Federal Reserve publishes the Economic Conditions Beige Book (2:00)

Redefining DeFi: f(x) Protocol Leads Stablecoins and Leverage
In the DeFi world, f(x) Protocol is redefining the possibilities of stablecoins and leveraged trading with its unique design and innovative mechanisms.

Core Advantages
High Yield: Through the fxUSD stable pool, users can gain multiple yields from stETH staking rewards, xPosition opening fees, and FXN token incentives.
Low Liquidation Risk: The xPosition introduces an automatic rebalancing mechanism (Liquidation Brake) that automatically adjusts leverage ratios when approaching the liquidation price, reducing liquidation risk.
100% On-Chain Operations: All operations are completed on-chain, ensuring transparency and security.
Main Products
fxUSD: A decentralized stablecoin backed by stETH and frxETH, combined with an automatic arbitrage mechanism to ensure price stability.
Position: A tool providing up to 10x fixed leverage, utilizing flash loans for atomic trading, reducing user operational complexity.
fxSAVE: A yield aggregator based on the ERC-4626 standard that automatically reinvests earnings, allowing users to enjoy compound growth without noticing it.
Token Economic Model
FXN Token: The total supply is 2 million tokens, with 49% used for liquidity incentives, 30% allocated to AladdinDAO, 10% for the protocol treasury, and 10% for the community.
veFXN Mechanism: Locking FXN grants governance rights and profit-sharing rights, enjoying 75% of the protocol's revenue distribution.

Why Choose f(x) Protocol?
For Investors: Provides diverse earning channels, including stable pools, leverage tools, and yield aggregators, catering to different risk preferences.
For the Industry: Promotes the sustainable development of the DeFi ecosystem through decentralized stablecoins and innovative leverage mechanisms.
f(x) Protocol is leading DeFi into a new era of high yield, low risk, and fully on-chain operations.

137Labs On-chain Express Report Issue 069
🔥Hot Events
1️⃣The probability of the Federal Reserve lowering interest rates by 25 basis points in May is 57%
2️⃣The U.S. SEC announced the agenda for the cryptocurrency roundtable on April 11
3️⃣The U.S. Chamber of Commerce is considering suing the Trump administration to block global tariffs.
4️⃣USDC Treasury destroyed 51 million USDC on the Ethereum chain
📖Project Updates
1️⃣Binance's fourth Megadrop project KerneIDAO will launch on April 9 at 8:00 AM.
2️⃣The PancakeSwap community initiated the CAKE tokenomics 3.0 proposal
3️⃣Teucrium launched the first XRP leveraged ETF “Teucrium 2x Long Daily XRP ETF
4️⃣Cryptocurrency dining app BlackbirdLabs completed a $50 million Series B financing, with participation from Coinbase and others
⌚️Upcoming Events
1️⃣April 9: The U.S. “reciprocal tariffs” officially take effect
2️⃣April 10: Minutes from the Federal Reserve's March monetary policy meeting

137Labs On-Chain News Report Issue 067
🔥 Hot Events
1️⃣ JPMorgan raises global recession forecast for this year to 60%
2️⃣ State Council Tariff Commission: Imposing a 34% tariff on all imported goods originating from the United States
3️⃣ Total locked value in DeFi falls below $95 billion, a 30% decrease from last December's peak
4️⃣ Circle adds $250 million USDC minting on Solana today
📖 Project Updates
1️⃣ Beratown Vaults officially launched
2️⃣ PsyFi will shut down all services on May 1, including PsyLend and Vaults
3️⃣ MEET48 is about to complete a token round financing, led by Liang Xinjun, Hash Global, and others
4️⃣ Ultra completes $12 million financing, led by NOIA Capital
⌚️ Upcoming Events
1️⃣ April 4: U.S. March Non-Farm Payroll and Unemployment Rate (20:30)
2️⃣ April 4: Federal Reserve Chairman Powell delivers a speech (23:25)

137Labs Chain Express 066th issue
🔥Hot events
1️⃣Trump announced the implementation of "reciprocal tariffs" measures, and several trading partners said they would retaliate
2️⃣Musk: The news about resigning from the government efficiency department is a rumor
3️⃣Kazakhstan and the UAE seek to strengthen cooperation in digital assets and blockchain technology
4️⃣Russia may allow the conversion of seized BTC into national fiscal revenue
📖Project dynamics
1️⃣Beratown Vaults officially launched
2️⃣Curve Finance's transaction volume in Q1 2025 reached US$35 billion, a record high.
3️⃣Stake Stone announced STO token economics: airdrops and future incentives accounted for 7.85%. 4️⃣Babylon will airdrop 600 million BABY to early supporters, without manual application
⌚️Future events
1️⃣April 4: US March non-farm and unemployment rate (20:30).
2️⃣April 4: Federal Reserve Chairman Powell delivered a speech (23:25)

🌟 Latest Updates in the Crypto Market! 137Labs On-chain Report No. 065, April 2, 2025.
📈 The total market capitalization of the crypto market reached $2.73T, with $103M inflow and $157.8M outflow in the last 24 hours, a month-on-month increase of 0.41%.
🔥 Hot Events:
• In March, the total financing amount in the crypto market was $2.883 billion, a month-on-month increase of 198%.
• Li Chunlin from the National Development and Reform Commission: We will explore the use of blockchain technology to promote key data “on-chain.”
• USDC issuer Circle submitted an IPO prospectus to the SEC.
• GameStop raised $1.5 billion in convertible bonds to purchase Bitcoin.
🚀 Project Updates:
• Beratown Vaults officially launched.
• Shardeum mainnet will launch on April 15.
• UniswapDAO tentatively supports a $113 million “Treasury Delegation” plan to enhance governance participation.
• Cambrian Network completed a $5.9 million seed round of financing, led by a16z CSX.
📅 Upcoming Events:
• April 3: Trump speaks at the Rose Garden (4:00).
• April 4: US March Non-Farm Payrolls and Unemployment Rate (8:30).
📊 Fear and Greed Index: 29, the market is in a state of fear.
📘 137 Featured Article: “Position Protection + Low Fees Create a New Era of BTC Leveraged Trading | 137SPS045”
One chain a day, unlimited future! Scan to join our Web3 world and unlock more wealth secrets.

137Labs On-Chain News Report Issue 064
🔥 Hot Events
1️⃣ Trump will announce reciprocal tariffs on April 2, details may be revealed on Wednesday morning Beijing time
2️⃣ Musk plans to resign from the U.S. Department of Efficiency (DOGE) at the end of May
3️⃣ BlackRock CEO: Bitcoin and cryptocurrencies may undermine the international status of the dollar
4️⃣ Nigeria SEC will regulate virtual asset service providers under new laws
📖 Project Updates
1️⃣ Ethereum transaction fees have fallen to the lowest level since mid-2020
2️⃣ Backpack has completed the acquisition of FTXEU and will start the user fund refund process today
3️⃣ PumpBTC: On-chain airdrop claims will begin on April 2.
4️⃣ Ambient has completed a $7.2 million seed round financing, with participation from a16z and others
Future Events
1️⃣ April 2: Trump's reciprocal tariff announcement
2️⃣ April 4: U.S. March Non-Farm Payrolls and Unemployment Rate (8:30)

🔥Hot Events
1️⃣ SEC Commissioner presses Congress with a seven-point cryptocurrency reform framework, calling for rapid advancement of reforms.
2️⃣ Goldman Sachs raises the probability of a U.S. economic recession and expectations for tariff rates.
3️⃣ Strategy re-purchases 22,048 BTC, increasing total holdings to 528,185 BTC.
4️⃣ Metaplanet issues 2 billion yen zero-coupon bonds, with funds raised to be used for purchasing Bitcoin.
📖Project Updates
1️⃣ Musk states that the U.S. government has no plans to use Dogecoin.
2️⃣ X2Y2 will close its NFT marketplace on April 30, but smart contracts will continue to operate.
3️⃣ Hut 8 Mining partners with Trump’s second son to establish a mining company called American Bitcoin.
4️⃣ Archax enters the U.S. market by acquiring a regulated brokerage firm to expand its tokenized asset business.
⌚️Upcoming Events
1️⃣ April 1: American Bitcoin press conference (20:30)
2️⃣ April 2: Implementation of tariffs by Trump.

137Labs On-chain News Report Issue 061
🔥Hot Events
1️⃣ US Senate passes repeal of controversial crypto tax rules, Trump expected to sign
2️⃣ Wyoming stablecoin WYST enters critical testing phase, governor says expected to launch in July
3️⃣ GameStop plans to raise $1.3 billion to purchase Bitcoin
4️⃣ South Korean court suspends three-month business restriction penalty on Upbit
📖Project Updates
1️⃣ Tether CEO: USDT users conservatively estimated to exceed 400 million
2️⃣ Binance's first voting for new coins saw top two votes go to BANANAS31 and WHY.
3️⃣ KiloEx announces KILO token economics, no team or investor tokens will be unlocked in the first year
4️⃣ Interactive Brokers adds cryptocurrency trading services for Solana, Cardano, XRP, and Dogecoin.
⌚️Upcoming Events
1️⃣ March 27: US Q4 real GDP annualized quarter-on-quarter final value.
2️⃣ April 4: US March non-farm payrolls and unemployment rate (8:30)

137Labs On-chain News Report Issue 060
🔥 Hot Events
1️⃣ Asset management giant Fidelity is advancing the issuance of a stablecoin, currently in the late testing phase
2️⃣ The US SEC has terminated its investigation into lmmutable and related parties, finding no violations
3️⃣ The US SEC's cryptocurrency working group will hold four new roundtable meetings in the next three months to discuss regulatory issues
4️⃣ GameStop will include Bitcoin in its corporate reserve assets
📖 Project Updates
1️⃣ Celo officially transforms into an Ethereum Layer 2 network, adopting the Optimism OP Stack
2️⃣ GoPlus has repurchased approximately 34.9 million GPS tokens in the first round, and will destroy all tokens after the buyback is completed.
3️⃣ Ripple will recover $75 million in court fines from the SEC and withdraw its appeal.
4️⃣ Memecoin incubation platform Coresky has completed a $15 million Series A financing, led by TidoCapital
⌚️ Upcoming Events
March 27: US Q4 actual GDP annualized quarter-on-quarter final value. April 4: US March Non-Farm Payroll and unemployment rate (8:30)

137Labs Chain Express Issue 059

🔥Hot events
1️⃣Trump once again expressed his hope that the Federal Reserve would lower interest rates
2️⃣Trump Media will cooperate with Crypto.com to launch a "Made in America" ​​themed ETF
3️⃣Kentucky officially signed the Bitcoin Bill of Rights to protect the rights of self-custody and node operation
4️⃣Oklahoma House of Representatives passed the Strategic Bitcoin Reserve Act

📖Project dynamics
1️⃣Movement: A $38 million MOVE repurchase plan will be carried out on Binance within three months
2️⃣Crypto exchange Kraken plans to raise up to $1 billion in debt to pave the way for an IPO
3️⃣Dogecoin Foundation establishes an official reserve and purchases 10 million DOGE for the first time
4️⃣Circle joins hands with SBI to promote USDC to enter the Japanese market and will be officially launched on March 26

⌚️Future events
1️⃣March 27: The final value of the annualized quarter-on-quarter real GDP in the fourth quarter of the United States
2️⃣April 4: U.S. non-farm payrolls and unemployment rate in March (8:30)

137Labs On-chain News Report Issue 058
🔥 Hot Events
1️⃣ White House Officials: The U.S. may use its gold reserves to purchase more Bitcoin
2️⃣ Strategy increased its holdings by 6,911 Bitcoins between March 17 and 23, with an average purchase price of $84,529
3️⃣ Bitcoin mining difficulty increased by 1.43% last night to 113.76T, approaching historical highs.
4️⃣ USDC Treasury minted an additional 250 million USDC on the Solana chain
📖 Project Updates
1️⃣ Nilion Alpha mainnet has been launched
2️⃣ Aptos liquidity staking protocol AmnisFinance launched governance token AMI, with an airdrop allocation of 8%.
3️⃣ dYdx community launched DYDX token buyback plan, with 25% of protocol revenue used for buybacks
4️⃣ Rain, a debit card issuer allowing stablecoin settlements, completed a $24.5 million funding round
⌚️ Upcoming Events
1️⃣ March 27: U.S. Q4 real GDP annualized quarter-on-quarter final value.
2️⃣ April 4: U.S. March non-farm payrolls and unemployment rate (8:30)

137Labs On-Chain Express Report Issue 055
🔥Hot Events #137Labs
1️⃣The Turkish Lira's plummet triggers a surge in Bitcoin-Lira trading volume
2️⃣Bo Hines claims the U.S. stablecoin bill could reach Trump within two months
3️⃣Russia and Bolivia use Bitcoin and cryptocurrency for international oil transactions
4️⃣Dubai Financial Services Authority launches a tokenized regulatory sandbox
📖Project Updates
1️⃣F(x) Protocol will support the wBTC market, allowing traders to obtain up to 7x Bitcoin leverage with zero financing costs and minimal liquidation risk.
2️⃣Ethereum Foundation: Testnet Hoodi will activate the Pectra upgrade on March 26
3️⃣Filecoin ecosystem DeFi protocol Glif launches GLF governance token and airdrops 94 million tokens.
4️⃣Decentralized data and identity protection platform Via Science completes $28 million Series B financing.
5️⃣AI-driven metaverse technology platform Peer completes a new round of financing of $10.5 million
⌚️Upcoming Events
1️⃣March 20: U.S. FOMC interest rate decision (2:00)
2️⃣March 21: SEC cryptocurrency working group's first roundtable meeting