Bitwise Files SUI ETF, Solstice Token Sale, Earn 11% Stablecoin LP and Rewads APR, and more...
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Updates 📰
Bitwise filed with the SEC to launch a spot Sui ETF, joining Canary Capital and 21Shares in the race for SUI-based investment products. The proposed ETF would track SUI held by the trust, with Coinbase Custody named as custodian, while fees and ticker details remain undisclosed.
trade.xyz will reduce funding rates across all XYZ perpetual markets by applying a 0.5 scaling factor to Hyperliquid’s funding formula, lowering baseline funding to roughly 5.5% annualized. The change is intended to make funding less aggressive, particularly during weekend price discovery.
Solstice announced the SLX token sale will go live on December 22 via Legion, with participation opening as the winter solstice begins.
GAIB clarified sAID unstaking timelines. Users who submitted unstake requests between Nov 21–30 will receive liquidity on a one-time accelerated schedule, available daily from Dec 21 to Dec 30 based on their unstake date.
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Upcoming ⏳
EigenCloud proposed ELIP-12, which would create an Incentives Committee to actively direct EIGEN emissions toward productive stake, active AVSs, and real fee generation. If passed, only fee-paying AVSs would be eligible for incentives, a proposed 20% fee would be applied to AVS rewards subsidized by EIGEN, and protocol fees would begin flowing back to EIGEN,
Lido’s 2026 roadmap focuses on launching Lido V3 with stVaults, expanding institutional access via stETH-based ETPs/ETFs, and upgrading Lido Core with a market-driven validator router. The DAO also plans to scale Lido Earn, explore real-world DeFi use cases, and advance LDO alignment through the NEST buyback system in H1 2026.
Pendle plans to expand Boros to more assets and venues, add in-app funding rate arbitrage tools, and roll out cross-chain PTs starting with Solana. The roadmap also includes deeper focus on stablecoin and RWA yields, new PT trading and looping features, and a potential review of PENDLE tokenomics.
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Airdrops 🪂
Superform has postponed the $UP TGE, originally expected around December 23, citing timing issues around the Legion sale, MiCA transition ending December 26, and weak holiday market conditions. The team said it is operationally ready, with 15% of supply already bridged to Base, and will share a full year-end update with next steps on December 30.
Farms 🧑🏻🌾
Liminal launched xHYPE as a tokenized HYPE carry trade that earns native yield from HYPE funding rates and kHYPE staking while remaining usable across DeFi. Users can mint xHYPE, provide liquidity on Project X, borrow USDC against xHYPE on HyperLend, or trade PTs and YTs on Pendle to optimize yield and positioning.
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