Gate Research Daily Report: On February 19, the price of Bitcoin fell by 1.29% to $96,349.1, while Ethereum decreased by 0.78% to $2,677.21. The market capitalization of Meme coins dropped to $6.667 billion. Ondo Finance's TVL surpassed $777 million. Tron and Solana networks have issued $10.75 billion in stablecoins this year. Hyperliquid launched its HyperEVM mainnet. Fold became the first Bitcoin financial services company to list on Nasdaq. Grayscale launched the Grayscale Pyth Trust, a new investment product.

USDT0 is an innovative stablecoin. In this article, we explain how it works, its key features, technical benefits, and compare it with the traditional USDT, as well as discuss the challenges it faces.

This article provides a comprehensive introduction to Conduit, covering its team background, funding, operating mechanism, product features, ecosystem cases, and competitor analysis, helping you quickly understand the core advantages and market positioning of this Rollup-as-a-Service platform.

A funding rate arbitrage quantitative fund is a specialized investment tool designed for the cryptocurrency market, aiming to generate stable, market-neutral returns through perpetual contracts’ funding rate mechanism. The fund’s core strategy involves simultaneously holding both spot and hedged perpetual contract positions, which utilizes market fluctuations' hedging effect to focus returns on funding rate payments. This approach is ideal for investors seeking consistent returns with lower risk tolerance. In comparison to traditional financial products, funding rate arbitrage funds offer greater return potential. The use of quantitative models enhances decision-making, ensuring efficient and precise capital allocation.

With the development of blockchain technology, DeFi and DeFAI are becoming hot topics in the financial sector. DeFAI, which combines artificial intelligence and decentralized finance, is reshaping traditional financial models. This article explores their concepts, differences, and future potential.

This article offers an in-depth analysis of Japan’s cryptocurrency policy in 2024, examining its historical background, recent advancements, and emerging trends. By drawing comparisons with South Korea's approach and highlighting key case studies, it delves into Japan's influence on the global cryptocurrency landscape and the implications of its regulatory framework, providing a distinctive perspective on the nuances and importance of Japan's cryptocurrency regulations.

APX Finance, a decentralized exchange specializing in perpetual futures trading with features like high leverage, zero slippage, and liquidity pools.

In this series, we'll explain what Preconfirmation means for Ethereum users, validators, and applications (Based Rollups included), and explore what needs to happen to maximize its UX benefits.

Kima Network is a cross-ecosystem money transfer protocol that enables secure and seamless TradFi/DeFi interoperability without smart contracts.

This article explores the impact of financialization trends on the crypto market by analyzing Trump's token issuance, DeepSeek's open-source strategy, and reciprocal tariffs. It also discusses the phase-out of technical narratives in the Web3 field and the rise of DEX (Decentralized Exchanges) challenging traditional CEX (Centralized Exchanges).

Instead of adapting existing services for crypto, traditional companies are creating blockchain-native products, with at least 55 innovating on public chains like Ethereum and its L2s (Polygon, Arbitrum, Base).

The article provides a detailed overview of the initial incentive plan for the Story project and the incentive philosophy behind it. It aims to reward real users and community contributors through a fair token distribution scheme. It not only explains how Story ensures the fairness of its incentive mechanism through strict anti-Sybil and anti-farming measures but also showcases its long-term ecosystem support plans, including ecosystem grants and hackathon rewards.

This article examines the mainnet launch of AO, a new project in the Arweave ecosystem. Despite its connection to trending AI technology, the launch generated minimal market interest. Three main factors contribute to this lukewarm reception: the limited airdrop size (AR holders received just 0.016 AO tokens on average), modest network activity levels despite some growth, and the ecosystem's early developmental stage—with TVL at $315 million, lower than during its testnet phase. The article suggests that AO's future hinges on its ability to convert its technical vision into real-world applications.

This research explores the strategic significance and growth potential of the consumer cryptocurrency market. It also examines how blockchain technology is driving revolutionary innovations as the foundation for next-generation consumer platforms.

The article not only analyzes the technical foundations and application scenarios of RWA tokenization, but also explores the practical challenges it faces, such as data consistency, network security, and regulatory compliance. In addition, the article discusses the impact of RWA on traditional finance and the cryptocurrency market, as well as how Wall Street is using RWA tokenization to redistribute financial power.