World Liberty Financial (WLFI) has opened a USD1 payment-based traditional finance perpetual contract market at Aster. Initial liquidity is set at 250 million WLFI and USD12.5 million. This launch introduces a dollar-linked stablecoin as the payment asset within the cryptocurrency derivatives structure. Perpetual contracts are derivatives that track the price of an underlying asset without an expiration date. Aster's traditional finance perpetual contracts are presented as handling the prices of physical assets such as gold, silver, and crude oil in an on-chain trading environment. Binance has also expanded its traditional finance perpetual contracts linked to gold, silver, and crude oil, with those products introduced as tether (USDT) payment-based derivatives. The difference in this case lies in the payment asset, where USD1 is the dollar-linked stablecoin promoted by World Liberty Financial. This project has garnered market interest due to the recent establishment procedures for a U.S. trust bank and the potential for advancing USD1-related operations. The choice of which stablecoin is adopted as a payment asset in the derivatives market can impact trading liquidity and platform dependency.
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U.S. major indexes closed lower yesterday. Walmart’s weaker-than-expected same-store sales and guidance weighed on the consumer sector and dragged the three major averages lower. Silver and platinum rose sharply, supported by lower yields from expanded long-bond buybacks and a softer dollar. Bitcoin climbed toward $75,000, lifting crypto-related equities. Markets are now focused on the August S&P Global Manufacturing and Services PMI flash readings due on August 21 U.S. Eastern Time, which will directly influence September rate-path pricing.






















Expanded U.S. Treasury long-bond buybacks helped pull yields lower and supported a modest rebound in risk appetite, with the major indexes closing slightly higher. At the same time, Bitcoin briefly rose above $70,000 and lifted crypto-linked equities, while positive Phase 3 vaccine data from Merck and Moderna pushed healthcare and biotech stocks higher. SK Hynix’s large-scale buyback also kept attention on the storage cycle and AI-related demand. Markets are continuing to digest the relatively hawkish Fed minutes while positioning ahead of earnings from Alibaba and Walmart.



Bitcoin and Ethereum surged in a historic 24-hour rally that added $190 billion to the crypto market and triggered $2.98 billion in liquidations. Here's what Treasury buybacks, a massive short squeeze, and new SEC rules mean for traders on WEEX.



U.S. major indexes closed lower yesterday. Walmart’s weaker-than-expected same-store sales and guidance weighed on the consumer sector and dragged the three major averages lower. Silver and platinum rose sharply, supported by lower yields from expanded long-bond buybacks and a softer dollar. Bitcoin climbed toward $75,000, lifting crypto-related equities. Markets are now focused on the August S&P Global Manufacturing and Services PMI flash readings due on August 21 U.S. Eastern Time, which will directly influence September rate-path pricing.