Wallet 0x9E2c has established a short position in XYZ100 within 15 hours, holding 740 XYZ100 tokens worth $23 million, accounting for 10.3% of the open interest of the token. Currently, it has a floating profit of $55000, with a cumulative trading profit of $9.188 million and a profit of $972000 in the past 30 days.
Hyperliquid co-founder and CEO Jeff Yan stated on Token2049 that the traditional wealth creation model on Wall Street is unsustainable for most participants, and retail investors often miss out on the main growth gains before asset listings. Hyperliquid aims to expand wealth creation opportunities and participation in the financial system, with perpetual contracts designed without expiration dates to reduce trader decisions and avoid liquidity fragmentation. Hyperliquid has generated $72 million in revenue in the past 30 days, ranking third among the highest revenue DeFi protocols. (Source: Cointelegraph)
US President Trump has signed an executive order temporarily allowing tax-free red dye diesel to enter the road transportation market in order to reduce logistics costs. Ordinary highway diesel in the United States is subject to a federal consumption tax of 24.3 cents per gallon, while red dye diesel is exempt from taxes, theoretically reducing the cost by 24.4 cents per gallon. This measure did not increase diesel production, and the lack of red dye diesel storage facilities at highway truck stations makes it difficult to solve the shortage of diesel supply in the United States. The average retail price of diesel on highways in the United States reached $6.528 per gallon on September 22, and was about $6.315 on Tuesday of this week. Industry organizations warn that this move may squeeze the supply of agricultural machinery oil during the peak autumn harvest period.
