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Since this week, Bitcoin has experienced a wave of panic selling under the shadow of Strategy's coin selling and the diversion of AI funds, dropping over 10% from a peak of $74,000, and has now fallen back to the low range for this year.It is worth noting that during this period, the open interest in Bitcoin's coin-denominated contracts has risen against the trend, currently reported at 784,400 coins, close to a historical high. In response to this phenomenon, the well-known trader Killa, who predicted the peak of this bull market in May 2025, stated that this often indicates a key top or bottom, warranting high attention.

Recently, the technology sector of the US stock market has been active, with stocks related to storage chips and data center infrastructure continuously attracting capital attention. According to Gate market data, Micron Technology (MUUSDT) reached a high of $1077.17 in 24 hours, currently reported at $1059.81, with a 24-hour increase of 3.76%; Marvell Technology (MRVLUSDT) reached a high of $330.72 in 24 hours, currently reported at $322.68, with a 24-hour increase of 47.06%. According to CoinGlass data, Gate MU (Micron Technology) had a 24-hour trading volume of $13.1083 million; Gate MRVL (Marvell Technology) had a 24-hour trading volume of $10.4389 million, with MRVL (Marvell Technology) trading volume increasing by 1255.60%, both ranking among the industry leaders.Gate stocks support users to trade over 10,000 mainstream US market stocks and ETFs using USDT, covering major US securities trading markets and liquidity networks such as NYSE, Nasdaq, NYSE Arca, NYSE American, and BATS, and supports fractional trading starting from a minimum of 0.01 shares, providing users with a more comprehensive global securities asset allocation choice. With the official launch of stock trading services, Gate further connects digital assets with traditional financial markets to a unified trading platform.

The Binance contract platform will launch the DELLUSDT perpetual contract on June 3 at 18:00, the IBMUSDT perpetual contract at 18:05, the NOWUSDT perpetual contract at 18:10, the CRMUSDT perpetual contract at 18:15, the IRENUSDT perpetual contract at 18:20, and the ONDSUSDT perpetual contract at 18:25, with a maximum leverage of 20 times.

The cryptocurrency trading platform SuperEx announced that it will officially launch the SKHYNIXUSDT, SAMSUNGUSDT, and HYUNDAIUSDT U-based perpetual contract trading pairs on June 3 at 11:00 Beijing time (03:00 UTC).It is reported that the newly launched contract trading pairs support full margin, cross margin, and split margin modes, and users can experience trading through SuperEx's web and app platforms.

According to official news, Ondo has announced that its RWA perpetual contract platform Ondo Perps will be launched on June 9, 2026. Early access eligibility has been opened to some qualified traders, and users can apply to join the whitelist.

The Ethereum Layer 2 project Movement, which fell into controversy shortly after its launch last year, is seeking transformation. Move Industries' new CEO Torab Torabi stated that Movement has been repositioned as an independent Layer 1 blockchain, aiming to become the settlement infrastructure for stablecoins in emerging markets.Move Industries announced on Tuesday that over the past few months, the company has gained access to a compliant payment network covering the United States, Canada, and the European Union by collaborating with regulated remittance institutions and electronic money institutions, laying the foundation for stablecoin payments and cross-border settlement operations. According to the announcement, the company has currently established partnerships with stablecoin issuer Circle, wallet project KAST, and Sorted, as well as tokenization projects Oro, Yuzu Money, and Zoth.In addition, Avant Protocol has chosen Movement Network as the infrastructure platform for its revenue and fund management products, further expanding Movement's application scenarios in the fields of stablecoins and real-world assets (RWA).

Bitget announced a 2.0 upgrade for its US stock spot products. The upgraded US stock spot tokens are issued by its licensed RWA protocol Reality, with comprehensive enhancements in three dimensions: liquidity depth, asset transparency, and capital efficiency. At the same time, Bitget launched a limited-time 50% fee discount promotion, allowing Maker/Taker of US stock spot tokens to enjoy a preferential fee rate of 0.05%.After the upgrade, Bitget's US stock tokens will directly connect to global liquidity pools such as Nasdaq and the New York Stock Exchange, enhancing order depth and execution speed. Stock dividends will be distributed to user accounts in a 1:1 token form, with cash dividends automatically converted and distributed as USDT. Stock splits and mergers will be simultaneously mapped to on-chain tokens, granting users the economic rights of directly holding US stocks.In terms of asset efficiency, stock tokens can be used as margin for unified accounts and are compatible with core product lines such as grid trading, copy trading systems, and staking lending, allowing users to flexibly manage funds while holding global stock assets. The first batch will launch nearly a hundred mainstream underlying assets, covering core US stocks and ETFs such as Apple, Amazon, Meta, Tesla, Nvidia, Microsoft, and QQQ.

According to the official announcement, Bitget has launched the IPO pre-market perpetual contract ANTHROPIC/USDT, with a maximum leverage of 20 times. For more details, please check the official Bitget platform.

Solana's official announcement "Building Fully On-Chain Perpetual Contracts on Solana" aims to vigorously promote the ecological construction of fully on-chain perpetual contracts (Perps) in the future, with the goal of making Solana the world's strongest on-chain financial derivatives infrastructure. Currently, the trading volume of crypto derivatives is mainly concentrated on centralized trading platforms or hybrid models that rely on off-chain matching engines, which Solana believes is a transitional phase. It hopes to make a truly fully on-chain derivatives market a reality through the characteristics of high-performance blockchain—where all processes such as order submission, price updates, matching, and clearing are completed on-chain, while maintaining institutional-level speed and low costs.The Solana Foundation will provide funding, technical support, and resource allocation, focusing on supporting projects that meet the following criteria: fully on-chain execution, price discovery based on real bilateral liquidity (rather than purely pool pricing), Solana priority with revenue flowing back on-chain, teams with derivatives experience, and core code being open source. It also welcomes the co-construction of surrounding infrastructure such as front ends, aggregators, vaults, and market-making tools.

According to official news, the Gate stock derivatives section will launch on June 2 at 14:00 (UTC+8) with perpetual contract trading for SKHYNIX, SAMSUNG, and HYUNDAI (settled in USDT), supporting 1-20 times leverage.

Hyperliquid stated on platform X that the unrealized contracts of Hyperliquid's real-world assets (RWA) reached a historic high of 3 billion dollars. Since its launch in October 2025, the unrealized contract volume of HIP-3 has set new records every month.

According to official news, the RWA tokenization platform Ondo Finance is expected to launch the RWA perpetual contract platform Ondo Perps in the coming weeks, supporting trading with tokenized RWA as collateral.

The cryptocurrency trading platform SuperEx announced that it will officially launch the ASTSUSDT and RDWUSDT U-based perpetual contract trading pairs today at 12:00 Beijing time (04:00 UTC). It is reported that the above contract trading pairs support full position, isolated position, and split position modes, and users can trade through its web and APP platforms.

According to the official announcement, Bitget has now launched the U-based UNITAS perpetual contract, supporting up to 20 times leverage, and the contract trading Bot will be opened simultaneously. For more details, please refer to the Bitget official platform.

The Binance contract will launch the ANTHROPICUSDT U-based Pre-IPO perpetual contract on June 2, 2026, at 12:30, with a maximum leverage of up to 20 times. This contract will be issued by the Binance RCH clearing program, and users can pay attention to subsequent announcements for more information.

According to Decrypt, after the CFTC in the United States approved Bitcoin perpetual contracts last Friday, the prediction market Kalshi quickly submitted self-certification applications for 12 mainstream altcoin perpetual contracts, including Ethereum, XRP, Solana, Dogecoin, Stellar, Chainlink, Bitcoin Cash, Litecoin, Sui, Shiba Inu, Polkadot, and Hedera.When approving the Bitcoin perpetual contracts, the CFTC stated that perpetual contracts for other assets would be reviewed on a case-by-case basis, so Kalshi's batch of applications has not yet been approved.

According to SoSoValue data, the cryptocurrency market sector generally declined, with the PayFi sector dropping 4.15% in 24 hours, XRP down 3.26%, Stellar (XLM) down 11.45%, but Ultima (ULTIMA) rose against the trend by 2.79%. At the same time, Bitcoin (BTC) fell 3.6%, dropping below $71,000; Ethereum (ETH) decreased by 0.92%, falling below $2,000. However, the SocialFi sector rose against the market, increasing by 7.03% in 24 hours, with Toncoin (TON) up 4.18% and Chiliz (CHZ) up 5.71%.The AI sector rose by 3.13%, with Worldcoin (WLD) increasing by 18.53%; the DeFi sector rose by 2.98%, with Hyperliquid (HYPE) up 1.76% and LAB (LAB) up 64.79%; the Meme sector rose by 1.09%, with Siren (SIREN) up 15.38%. In other sectors, the Layer1 sector fell by 1.09%, with NEAR Protocol (NEAR) surging 14.22% during the day; the CeFi sector declined by 1.47%, with Binance Coin (BNB) down 1.94%; the Layer2 sector decreased by 2.31%, while Optimism (OP) remained relatively strong, rising by 2.88%.The cryptocurrency sector index reflecting historical market trends shows that the ssiSocialFi, ssiAI, and ssiMeme indices rose by 7.22%, 1.87%, and 1.31%, respectively.

OpenSea product marketer Zack Brenner posted on X asking if any community users would like to experience contract trading on the platform, hinting that OpenSea will launch this feature.

Privacy Agreement Zama founder Rand posted on platform X that the freezing measures against the cUSDC contract under Zama have been lifted, and all systems have returned to normal operation.According to his introduction, a U.S. court previously ordered Circle to temporarily freeze a contract worth $12.5 million in USDC held by Zama without prior notice. The court has now determined that the freezing measure was unreasonable and has lifted the temporary restraining order (TRO), and the related cUSDC contracts and assets have been fully restored. Rand stated that this incident did not affect the team's trust in USDC, and Zama still plans to launch the cUSDC product later this month.

According to Cointelegraph, Ondo Finance CEO Ian De Bode stated that the first perpetual contract platform for real-world assets (RWA), Ondo Perps, will be launched in the coming weeks.