According to DeFiLlama data, Robinhood Chain's revenue has plummeted after hitting a record high of approximately $6 million in a single day, falling below $1 million in the past 24 hours to $949,331. Furthermore, Robinhood Chain's revenue over the past seven days was $18.34 million, and its DEX trading volume in the past 24 hours was approximately $1.796 billion.

According to Onchain Lens monitoring, an address opened a long position of 25,000 HYPE tokens worth $2.1 million, with an entry price of $83.81, using 10x leverage, and a liquidation price of $72.36. This address has accumulated a profit of $9.29 million, and the current long position is showing a profit of $7,500.

Odaily Planet Daily reports that the Bank of Korea (BOK) has called for increased monitoring of overseas derivatives linked to South Korean chipmakers, warning that their rapid growth could amplify domestic market volatility. The BOK cited Situational Awareness leveraged bets as a recent example. In its semi-annual monetary policy report submitted to the National Assembly on Thursday, the BOK stated that the concentration of South Korean semiconductor stocks in the market, foreign investors' portfolio rebalancing, and the accumulation and unwinding of domestic leverage were the driving factors behind the unprecedented volatility in the KOSPI index from January to July. The BOK stated that global banks and ETF managers traded South Korean spot stocks, futures, and options when hedging total return swaps, clearly amplifying domestic stock price volatility. Although the BOK did not cite specific cases, an unusual transaction involving SK Hynix in July triggered nearly $60 million in liquidations in the offshore cryptocurrency market, highlighting the increasing cross-market risks posed by leveraged products linked to South Korean chipmakers. (Jinshi)