Gate recorded $194.09 million in net inflows over the past 24 hours, placing it among the top three centralized exchanges globally, according to data cited by ChainCatcher from DefiLlama. The update focuses on a 24-hour capital flow metric and identifies Gate as one of the leading exchanges by net inflow during that period. No additional details on the full exchange rankings or the identities of the other platforms in the top three were provided in the brief.

A research team says it has built a smaller, cheaper version of OpenAI’s GPT-OSS 120B and, against normal expectations, ended up with a model that outperformed a comparable full-precision 60-billion-parameter version on most benchmark tests. The approach, described in a paper published Friday, is called Quantization-Aware Healing. Instead of training the compressed model to imitate an already reduced intermediate model, the method points the smaller system back to the original uncompressed teacher model and uses that as the supervision target. The team reduced GPT-OSS from 120 billion parameters to 60 billion and quantized the model to 4-bit precision, a level of compression that would usually come with a meaningful loss in quality. On 7 of 9 tests, the resulting 4-bit 60B model beat the higher-precision 60B counterpart, though the original 120B model still won most comparisons overall. The researchers said the healed model uses roughly a quarter of the memory of the original and half the parameters, lowering hardware demands for deployment. The model, Hypernova-60B, has been released as open weights on Hugging Face. Still, the underlying shrinking tool remains proprietary, and the team said its testing so far covers GPT-OSS only, not Llama, Qwen, or Mistral families.

A thinly traded Pendle yield market triggered $36.1 million in liquidations on Morpho early Tuesday, closing leveraged positions in roughly 14 minutes while lenders were left whole. Pendle and Steakhouse Financial said the oracle worked as designed, not as a misconfiguration. The episode centered on a maturity-linked reUSD pool, a large mismatch between collateral and liquidity, and a sequence of onchain trades that PeckShield and analyst 0scar say pushed principal-token prices lower. Re Protocol said it is investigating whether the PT market price was intentionally manipulated, while no protocol involved has said manipulation occurred. The incident also revived attention on earlier public warnings about the size gap in the market and on Steakhouse’s prior comments that market-based oracles can be thinly traded and susceptible to manipulation.

Arcus, a decentralized exchange built by the team behind dYdX, has rolled out a new protocol on Robinhood Chain that turns perpetual futures positions into transferable ERC-20 tokens. The system also lets users post tokenized stocks as collateral for leveraged trades without selling those holdings first. As part of the launch, Arcus introduced pBTC3x and pHOOD3x, products designed to give 3x exposure to Bitcoin and Robinhood’s HOOD stock token. In comments shared with Cointelegraph, CEO Eddie Zhang said traditional finance spent decades packaging advanced strategies into easier-to-access products such as leveraged ETFs, and argued that the next step is bringing those strategies natively onto blockchain infrastructure. Arcus said the exchange has logged more than $2 billion in trading volume since launching on Robinhood Chain, with average daily volume above $100 million. Separate data from DeFiLlama shows Robinhood Chain has reached $596 million in total value locked since its July 1 launch, placing it among the top 15 chains by DeFi TVL.

Trade.xyz, a startup built on Hyperliquid, has become one of the clearest examples of how crypto-native markets are moving into areas long dominated by traditional finance. Since launching its markets in October, the platform has generated about $500 billion in trading volume across perpetual contracts tied to crude oil, precious metals, stock indexes and private companies such as SpaceX, accounting for more than 99% of total activity in Hyperliquid’s HIP-3 third-party market system. Its pitch is straightforward: if trading can continue around the clock and across borders, then price discovery no longer has to stop when legacy exchanges close. That idea is now colliding with regulation, market structure and leverage risk. Trade.xyz and Hyperliquid are lobbying for pre-IPO perpetual contracts to reach the US, arguing that public, continuous pricing before a listing could improve the IPO process. At the same time, episodes tied to SpaceX and SK Hynix contracts have shown how extreme leverage and thin market structure can trigger outsized liquidations and violent price moves. As the platform expands, the debate is shifting from whether crypto can list these products to whether these markets could begin influencing traditional finance in return.

Capital rotated back into high-volatility meme tokens after Bitcoin moved above $80,000, lifting broader crypto risk appetite and pushing fresh activity across Solana, BSC, and Robinhood Chain. On Robinhood Chain, CASHCAT traded around $0.209, close to its all-time high, with a market cap near $205 million, a 24-hour gain of about 46%, a 6-hour rise of roughly 13%, and about $12 million in 24-hour volume. PONS also advanced, changing hands near $0.091 with a market cap of about $64.8 million and a 24-hour gain of around 46%. BlockBeats said PONS is the platform token of Pons, which it described as the current mainstream meme launch platform on Robinhood Chain. The report also noted that before Robinhood Chain gained traction, Base briefly became a focal point for meme capital, with Basecat standing out as a symbol of Base’s “Builder culture” and later listing on Coinbase. As attention shifted, newer “platform-native” names such as CASHCAT and PONS drew more capital and discussion. According to DefiLlama data cited in the report, Robinhood Chain posted about $645 million in DEX volume over the past 24 hours and roughly $3.68 billion over the past seven days, up about 23.9% from the previous seven-day period. On other networks, BSC meme token SUE and Solana meme token BATON also picked up traction.

KuCoin Ventures said in its latest weekly report that a burst of US crypto policy activity coincided with a sharp rebound in digital-asset prices and stronger risk appetite across trading channels. The report pointed to three separate policy tracks: President Donald Trump again urging Congress to advance the CLARITY Act after a White House meeting with crypto and traditional finance representatives, the US Securities and Exchange Commission proposing a Regulation Crypto Assets framework for exemptions, disclosures, and safe harbors tied to certain token financings and investment contracts, and the US Treasury issuing another round of proposed implementation rules under the GENIUS Act. KuCoin Ventures stressed that these measures are at different stages and none of the SEC or Treasury proposals are final rules in force. The report also said Bitcoin rose nearly 20% last week and briefly moved above $79,000, while Ether gained roughly 20% to 30%. US spot BTC and ETH ETFs posted some of their strongest inflows of the year, with volumes also picking up. Still, the firm said the rally should not be explained by regulation alone. A weaker US dollar, a larger Treasury long-bond buyback program, short covering, and a renewed increase in stablecoin supply all appeared in the same window and helped shape market pricing.

Google DeepMind has released a new paper describing an inference-time method called "recirculation" that feeds deep activation information back into earlier layers. According to the report, the approach cuts perplexity without retraining and can deliver results comparable to full fine-tuning. Tests were run on the Gemma3 model family, including 1B, 4B, and 12B parameter versions. The base variant reduced perplexity by 8.5%, while an adaptive version reached a 23% reduction. The paper says the trade-off is higher processing cost during the prefilling stage, but no added latency during generation. The technique has also been independently reproduced on models including Llama 3.2 1B. The item was cited by Techub, with CryptoBriefing named as the source in the brief.