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Mike Selig, Chairman of the U.S. Commodity Futures Trading Commission (CFTC), published an article clarifying four major misconceptions about perpetual futures contracts.Regarding the misconception of "fixed expiration date": There is a viewpoint that the defined "futures contract" requires a fixed expiration date or delivery date, and the indefinite nature of perpetual contracts is inconsistent with congressional intent. Selig clarified that neither the Commodity Exchange Act nor CFTC regulations provide a clear definition of the term "futures contract," nor do they require a fixed expiration date or delivery date. Since Congress did not define the term, the criteria for its determination are provided by case law and committee interpretation, both of which do not require a fixed expiration date.Regarding the misconception of "high leverage": There is a viewpoint that the CFTC approved a futures contract allowing Americans to use leverage of up to 250 times when approving the BTCPERP contract, violating its own rules. Selig clarified that extreme leverage has been a characteristic of trading perpetual contracts in offshore venues since their inception, and is not inherent to the contract structure itself. The perpetual contracts regulated by the CFTC are subject to the same leverage limits as other futures contracts regulated by the CFTC.Regarding the misconception of "public opinion": There is a viewpoint that the CFTC did not provide the industry with an opportunity to participate or express opinions. Selig clarified that the CFTC released a request for comments on "perpetual contracts" and "24/7 trading" in April 2025, soliciting public input, and received over 100 comments from a wide range of stakeholders, including many registered entities regulated by the CFTC.Regarding the misconception of "funding rates": There is a viewpoint that the funding rate mechanism imposes unique and prohibitively high costs on market participants, fostering bad behavior in the market. Selig clarified that after considering the costs associated with opening positions and rolling over contracts with expiration dates, the annualized cost of holding futures contracts with expiration dates is roughly equivalent to that of perpetual contracts. The funding rate mechanism is far from fostering bad behavior; rather, it is a constraint tool that keeps the contract linked to the underlying spot market.

According to Coinglass data, the total contract open interest for ETH has increased by 15.4% in the past 24 hours, with the current total open interest at $26.742 billion. Among them, Binance's open interest is $6.262 billion, OKX's open interest is $1.716 billion, Bybit's open interest is $1.728 billion, and Gate's open interest is $2.233 billion.

According to Coinglass data, the total contract open interest for BTC has increased by 7.36% in the past 24 hours, with the current total open interest at $50.443 billion. Among them, Binance's open interest is $9.259 billion, OKX's open interest is $2.84 billion, Bybit's open interest is $4.222 billion, and Gate's open interest is $4.394 billion.

Aster has become one of the first DeFi protocols on the BNB Chain to support bStock, allowing users to use bStock as collateral for perpetual contracts. After enabling multi-asset mode, users can deposit bStock into their perpetual accounts, with each bStock counted as margin up to a maximum of 90% of its value.TSLAB, NVDAB, CRCLB, and SNDKB are the first supported bStock assets, with more varieties to be launched gradually. bStock is a tokenized security issued by Binance, backed 1:1 by underlying U.S. stocks held by custodians, and does not represent direct ownership of the stocks.

The Hyperliquid ecological perpetual contract platform Ventuals announced on platform X that it will shut down, and the team will join another team within the Hyperliquid ecosystem, with specific information to be disclosed later. Since its launch, Ventuals has locked up over 500,000 HYPE and has a trading volume exceeding $650 million, having previously provided perpetual contract exposure for unlisted tech companies such as OpenAI and Anthropic.Regarding the shutdown arrangements, the OPENAI and ANTHROPIC markets will respectively suspend trading on June 15 at 22:30 and 23:30, with the settlement prices using the TWAP of the marked prices over the past 24 hours, which are $1341.80 and $1618.90; the commodity markets such as WHEAT and SOY, as well as index markets like MAG7 and SEMIS, will gradually settle and suspend trading starting June 18. vHYPE holders can initiate redemptions after all markets have suspended, with HYPE being refunded at a 1:1 ratio along with staking rewards, expected to be credited by 10:00 on June 27 at the earliest. Ventuals also announced the termination of its points program and will not issue tokens.

The AI native oracle Cournot Protocol, invested by YZi Labs, has officially integrated with 42, an event market backed by institutions such as Dragonfly and Coinbase Ventures, becoming its official AI native oracle. Cournot will provide continuous monitoring, evidence endorsement assessment, and a transparent analysis workflow driven by Cournot's "reasoning proof" framework.As the event trading platform expands into sectors such as sports, politics, creator economy, and crypto-native events, building a market adjudication mechanism is becoming a core challenge in the infrastructure domain. Unlike traditional data feed oracles, Cournot continuously tracks external dynamics, aggregates multi-source evidence for cross-examination, and analyzes the settlement conditions of various markets, generating an auditable reasoning chain while outputting adjudication results.The recent integration of the prediction market Myriad Markets by Cournot reflects the macro trend of the industry migrating towards "AI-assisted settlement" infrastructure. Cournot's core capabilities will gradually expand from empowering prediction markets to areas such as Agentic Commerce, complex RWA, card games, and parametric insurance. More and more platforms are realizing that complex real-world outcomes are often not adjudicated by a single API or a price feed, which is precisely why they are beginning to seek new types of oracles.

According to Coinglass data, the total contract open interest for BTC has increased by 5.43% in the past 24 hours, with the current total open interest at 50.022 billion USD. Among them, the open interest for Binance is 9.261 billion USD, OKX is 2.875 billion USD, Bybit is 4.161 billion USD, and Gate is 4.257 billion USD.

According to Coinglass data, the total contract open interest for ETH has increased by 8.93% in the past 24 hours, with the current total open interest at 25.06 billion USD. Among them, Binance's open interest is 5.868 billion USD, OKX's open interest is 1.578 billion USD, Bybit's open interest is 1.597 billion USD, and Gate's open interest is 2.185 billion USD.

Driven by the news of the peace agreement between the United States and Iran and the reopening of the Strait of Hormuz, global risk appetite has significantly rebounded, with U.S. stock futures rising across the board and the technology growth sector performing actively. According to Gate market data, SanDisk (SNDK) reached a high of $2,075.72 in 24 hours, currently reported at $2,067.95, with a 24-hour increase of 3.74%; SpaceX (SPCX) reached a high of $169.59 in 24 hours, currently reported at $167.85, with a 24-hour increase of 1.21%. According to CoinGlass data, the contract open interest for Gate SNDK (SanDisk) reached $9.0399 million, and the contract open interest for Gate SPCX (SpaceX) reached $6.6192 million, both ranking among the industry's top.

Bitget, in collaboration with Block Scholes, released the RWA perpetual contract liquidity report. The data shows that since 2026, the tokenized stock and commodity markets on Bitget have continued to mature. Taking Nvidia NVDA-USDT as an example, as of mid-May, the order book liquidity within its ±2% price range is approximately $4.1 million, reaching about 75% of the depth of the Bitget Bitcoin spot market.During the high volatility period triggered by geopolitical conflicts in February 2026, although the price spread briefly widened, the liquidity in the related markets quickly returned to normal levels within a few days, demonstrating strong resilience. Bitget CEO Gracy Chen stated that the core competitive point of the current tokenized market has shifted from "access" to "efficiency," and liquidity is becoming one of the important indicators for measuring the tokenized market.

Recently, the metal market has continued to strengthen, with gold and silver prices maintaining high levels. According to market data from the Gate platform, silver (XAG) reached a 24-hour high of $70.61, currently reported at $70.40, with a 24-hour increase of 3.26%; gold (XAU) reached a 24-hour high of $4313.99, currently reported at $4302.40, with a 24-hour increase of 1.67%. According to CoinGlass data, the 24-hour trading volume of Gate XAG contracts reached $48.6403 million, with a contract open interest of $73.2151 million, both ranking in the top two in the industry; the open interest of Gate XAU contracts reached $149 million, also ranking in the top two in the industry.

According to Coinglass data, the total contract open interest for ETH has increased by 6.35% in the past 24 hours, with the current total open interest at $24.401 billion. Among them, Binance's open interest is $5.792 billion, OKX's open interest is $1.509 billion, Bybit's open interest is $1.587 billion, and Gate's open interest is $2.1 billion.

According to Bloomberg, the Commodity Futures Trading Commission (CFTC) is considering whether to block the Chicago Mercantile Exchange Group (CME) from launching an application for around-the-clock crude oil contracts. A senior CFTC official stated that continuous trading may not be suitable for crude oil, as it could exacerbate already extreme volatility during periods of geopolitical tension. CME announced last Thursday plans to launch crude oil and gold futures contracts that would be available 24 hours a day, 7 days a week, which surprised the CFTC. The new crude oil contract will be one-tenth the size of the existing micro WTI futures contract and is scheduled to go live on August 30, pending regulatory review. A week ago, the CEO of CME expressed "serious concerns" to the CFTC about clearing the way for cryptocurrency perpetual contracts. The CFTC stated it would evaluate perpetual contract applications on a case-by-case basis, noting that certain assets may not be suitable for this product.

According to the official page, Moomoo under Futu has integrated on-chain perpetual contract market data from Hyperliquid, allowing users to directly view perpetual contract trading data from the Hyperliquid platform within the Moomoo App.

According to CryptoSlate, the transitional grace period for the EU's crypto regulation MiCA will officially end on July 1, 2026. As of May 2026, only 194 crypto companies within the EU have obtained formal licenses, while over 3,000 crypto enterprises registered in 2024. Approximately 75% of the old platforms are expected to lose their operating qualifications after the grace period ends.Unlicensed platforms must orderly shut down before the deadline, transfer users to licensed platforms, or completely exit the European market. The French regulatory authority AMF has taken the toughest stance, clearly warning that unlicensed operations could face up to 2 years in prison and a fine of 30,000 euros. For ordinary users, if the platform they use fails to obtain a MiCA license, they may face situations such as being unable to deposit funds or being required to withdraw their funds.

According to Coinglass data, the total contract open interest for ETH has increased by 5.47% in the past 24 hours, with the current total open interest at $24.18 billion. Among them, the open interest on Binance is $5.801 billion, OKX is $1.496 billion, Bybit is $1.563 billion, and Gate is $2.121 billion.

According to on-chain data monitored by Catcher Predict, significant capital movements are predicted in the Polymarket market. A large whale invested $50,744.77 in a single transaction regarding the "Germany vs. Curacao" event. Based on the current transaction price, the latest corresponding winning probability for this subject is 97.75%.

According to security agency CertiK's monitoring, a suspicious transaction was transferred from the Aztec Router contract on Ethereum, involving approximately 2.19 million dollars in assets.The transaction exhibited unusual outflow characteristics, and CertiK reminds the community to remain vigilant.

Michael Saylor, founder and executive chairman of Bitcoin Strategy Company, has once again released information related to Bitcoin Tracker, with the caption: "Still adding dots."According to previous patterns, Strategy always discloses information about increasing Bitcoin holdings the day after relevant news is released.