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- 🎉 Hey Gate Square friends! Non-stop perks and endless excitement—our hottest posting reward events are ongoing now! The more you post, the more you win. Don’t miss your exclusive goodies! 🚀
🆘 #Gate 2025 Semi-Year Community Gala# | Square Content Creator TOP 10
Only 1 day left! Your favorite creator is one vote away from TOP 10. Interact on Square to earn Votes—boost them and enter the prize draw. Prizes: iPhone 16 Pro Max, Golden Bull sculpture, Futures Vouchers!
Details 👉 https://www.gate.com/activities/community-vote
1️⃣ #Show My Alpha Points# | Share your Alpha points & gains
Post your - 🚀 ETH jumped to $4,600 this morning, up 8.69% in 24h!
Just shy of the $4,891 ATH—think it breaks through?
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🎁 Endless creativity · Rewards keep coming — Post to share 300 PROVE!
📅 Event PeriodAugust 12, 2025, 04:00 – August 17, 2025, 16:00 UTC
📌 How to Participate
1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ - 💙 Gate Square #Gate Blue Challenge# 💙
Show your limitless creativity with Gate Blue!
📅 Event Period
August 11 – 20, 2025
🎯 How to Participate
1. Post your original creation (image / video / hand-drawn art / digital work, etc.) on Gate Square, incorporating Gate’s brand blue or the Gate logo.
2. Include the hashtag #Gate Blue Challenge# in your post title or content.
3. Add a short blessing or message for Gate in your content (e.g., “Wishing Gate Exchange continued success — may the blue shine forever!”).
4. Submissions must be original and comply with community guidelines. Plagiarism or re
Hyperliquid Overtakes Circle in 24H Revenue Amid Crypto Market Shake-Up
In a shocking twist to the market, one of the industry leading perpetuals platforms, Decentralized perpetuals platform Hyperliquid has allegedly surpassed Circle in 24-hour sales in a once-in-a-blue-moon move to rattle the market of its dawn. $7.7M (Hyperliquid) beating the industry giant, Circle, by 24 hour $8.8M, according to social media analytics. This sharp move is against a backdrop of relatively flat Ethereum price which indicates traders are moving capital into high-yield DeFi protocols.
The 93% fee-burn mechanism that burns HYPE tokens and a scorching $629M worth of on-chain volume in one day propels the performance of Hyperliquid. Referring to competitors: GMX and dYdX got 200Mand 500M. This week revenue peaks exceeded $12.8M and even momentarily set a new record over Ethereum today in protocol earnings.
It has been a wild ride with the HYPE token, rising to an all-time high of about $49 in July with a sharp fall and a bearish MACD/CRSI lately. Leverage trading such as open interest has also declined, giving an indication of a cooling off period that can follow an incentive period.
Stability
Whilst, Hyperliquid tries to attract traders with incentives and deflationary tokenomics, USDC created by Circle is stable. With 35B in reserves, of which 60 percent is in U.S. treasuries, USDC see more than 100B in payments, DeFi lending, and institutional settlement daily.
The recent Q2 financial report of 2020 released by Circle revealed a 53 percent rise in revenue due to the interest gain achieved through reserves to the amount of 658M, and average circulation reaching 61B. Nevertheless, they do not release income reports daily, and so there is no real way to prove that the 8.8M posted on the viral post. Monetary policy has a direct chance of affecting earnings of issuers of stablecoins such as Circle, which relies so much on interest rates.
Regulatory favorability notably with the EU MiCA and in the United States framework implementations remains a positive catalyst in creating integrations between USDC in the mainstream financial system but the competition still lies heavily in rival stablecoins such as USDT.