leverage

Crypto.com and its derivatives partner OG.com began offering crypto perpetual contracts to eligible U.S. traders on Tuesday. The contract offers up to 5x leverage, allowing traders to bet on the price movements of crypto assets without an expiration date, and provides take-profit and stop-loss orders as well as isolated margin features.Crypto.com stated that it has recently registered as an introducing broker with the National Futures Association in the U.S. to offer the aforementioned perpetual contract products. These products operate through OG.com on exchanges, clearinghouses, and futures commission merchants regulated by the Commodity Futures Trading Commission. This launch follows the Commodity Futures Trading Commission's decision in May to open the U.S. market to crypto perpetual contracts.Previously, the agency approved Kalshi's Bitcoin perpetual contracts and provided Coinbase with no-action relief to offer digital commodity derivatives; Kraken launched U.S. perpetual contracts on Kraken Pro in June after acquiring Bitnomial. Crypto.com is also advancing its stock derivatives business, with OG.com’s exchange Nadex registering last month with the Securities and Exchange Commission to trade securities futures. CEO Kris Marszalek stated at that time that the company is working with the Securities and Exchange Commission and the Commodity Futures Trading Commission to offer individual stock perpetual futures.

According to Bloomberg, two leveraged exchange-traded funds linked to SK Hynix will be liquidated and delisted just months after their launch in the United States, as current market enthusiasm for AI trading is gradually cooling.These two long-short products issued by Tradr ETFs provide traders with double the daily price fluctuations of the American Depositary Receipts of the South Korean chip manufacturer, as well as double the inverse daily returns. The ETF issuer stated in a statement that both funds will complete liquidation around November 12.

According to on-chain analysts, the Hyperliquid BTC long TOP4 address added 2.15 million dollars in margin and opened another 302.5 BTC long position after the decline.This address opened a 30x leveraged BTC long position on October 23, currently holding 795.02 BTC, valued at 63.65 million dollars, with an opening price of 81,168.6 dollars, resulting in an unrealized loss of 878,000 dollars. In addition, this address is also long on ZEC, currently holding 4,717 ZEC, valued at 5.67 million dollars, with an opening price of 1,195.7 dollars.

According to North Korean Commerce reported on October 25, after a sharp decline in the South Korean stock market, individual investors have re-entered to buy leveraged products betting on the rebound of Samsung Electronics and SK Hynix. Data from the Korea Exchange and Koscom ETF Check shows that from October 1 to 23, individual net purchases of 14 related products amounted to 315.4 billion Korean won, of which 7 related to SK Hynix accounted for 226.3 billion won, and 7 related to Samsung Electronics accounted for 89.1 billion won.The aforementioned 14 products had a net purchase of 27.728 trillion won in July, but turned to net selling after regulatory tightening such as the increase in depositary receipts on July 31. In August and September, there were net sales of 648.4 billion won and 497.9 billion won, respectively, and this month individuals have first turned back to net buying. During the same period, KODEX SK Hynix leveraged product saw a net purchase of 15.294 billion won, ranking 11th among ETFs listed in South Korea; individuals also net bought KODEX Leverage 10.448 trillion won and KODEX Semiconductor Leverage 256.4 billion won. The South Korean Composite Index fell by 18.83% in October.Data from the Korea Securities Depository shows that from October 1 to 22, South Korean investors net bought U.S. stocks worth 4.8009 billion dollars, approximately 63.621 trillion won. Among them, the net purchase of SOXL, which tracks the daily returns of the U.S. semiconductor index at 3 times, was 3.54764 billion dollars, about 47.041 trillion won, accounting for 73.9% of the net purchases of U.S. stocks during the same period. The article also noted that leveraged products track daily returns by multiples, and when the market reverses, losses can also be magnified by 2 or 3 times, and during repeated sharp rises and falls, negative compounding effects may also occur.

Trader Killa posted that he currently still holds a long position in Bitcoin, including long orders established at $62,600 and $76,000, as well as a 10x leveraged long order established at $82,800.If BTC dips down and falls to $74,000, causing the 10x leveraged long order to be liquidated, he plans to re-establish a 10x leveraged long order at the previously set invalidation point, but the position size will be smaller, as he already has significant exposure in that price range.Killa added that if he did not already hold a large number of long positions and spot, he would actively buy at the current price level. Investors with insufficient position allocation can consider gradually buying in over the next few weeks, and he stated that he would rather enter early than miss out on a larger trend later.

According to Israeli media i24, Israeli Prime Minister Benjamin Netanyahu is seeking to develop a blockchain-based plan to address potential financial sanctions that Israel may face in the future. Currently, the specific details and implementation plan of the relevant proposal have not been disclosed.

According to the Aster page, the Predict.fun token PREDICT is now available for inquiry in the trading list, supporting up to 5 times leverage. Related trading is expected to officially launch tonight at 8 PM.

According to Lookonchain monitoring, in the past 15 hours, 2 whales went long on a total of 29,798 ZEC with 10x leverage, worth 37.57 million USD.

Bitget CFD has launched 8 new trading products including XALUSD (Aluminum/US Dollar), GASOIL (Low Sulfur Diesel), HSTECH (Hang Seng Tech Index), and TWRICC (Taiwan RIC Index), covering metals, energy, and index categories.The aforementioned metal and energy contracts support up to 20 times leverage, while index contracts support up to 50 times leverage.

Solana ecosystem leverage and yield infrastructure protocol Hylo announced the completion of a $1 million strategic financing round, led by Solana Ventures, with participation from Colosseum.Hylo stated that this is Solana Ventures' second investment in Hylo and Colosseum's third investment. Hylo noted that this round of financing reflects the continued support from both institutions for its vision of expanding leverage and yield infrastructure on Solana.

According to on-chain analysis platform Glassnode, the leverage level in the altcoin market remains high. Since the leverage rate peaked earlier this month, the prices of related cryptocurrencies have experienced a pullback, but over 40% of large-cap altcoins still have leverage rates close to the highest levels of the year.The proportion of mid-cap altcoins in a high-leverage state has risen to a year-to-date high. Glassnode points out that if prices continue to decline, a large number of long positions in the market may face the risk of being liquidated.

The cryptocurrency market data agency Kaiko stated that one year after the largest liquidation event in the crypto market, the market has not fully recovered.Kaiko noted that in terms of Bitcoin, the open interest of Bitcoin perpetual contracts is still about 16% lower than pre-crash levels, while the spot depth in USD is down 27%. The decline in leverage is faster than the decline in liquidity, with leverage corresponding to each dollar of market depth being 20% lower than before October 10.

On October 19, Wu Qing, Chairman of the China Securities Regulatory Commission, stated at the opening ceremony of the 2026 Financial Street Forum Annual Conference that they will adhere to a steady approach, fully maintain the safety and stability of the capital market, closely monitor domestic and international market dynamics, and strengthen risk assessment and policy tool reserves.Wu Qing also stated that they will consolidate and improve the mechanisms for stabilizing the market, focus on strengthening the prevention of risks in new types of businesses, remain highly vigilant against new risk points such as leveraged products linked to A-shares from abroad, and continuously build a solid risk defense wall for the capital market.

According to reports from South Korean media, on October 19, during the National Assembly's inspection of state affairs in South Korea, when asked whether the launch of single-stock leveraged ETFs affected the volatility of the South Korean stock market, the head of the Financial Supervisory Service, Lee Chan-jin, stated that he believes it has had an impact to some extent. He expressed deep regret over criticisms for not actively preventing the listing of related products.On the same day, during the National Assembly's Administrative Committee's inspection of the Financial Supervisory Service, a member of the People Power Party stated that searching for news related to the listing of single-stock leveraged ETFs would reveal that there were occurrences from "Black Monday" to "Black Friday," turning an entire week into a black one, and asked Lee Chan-jin whether he believed the listing of this product had an impact on this. Lee Chan-jin responded that he believes it has had an impact to some extent. When asked about other reasons for stock market volatility, Lee Chan-jin added that Samsung Electronics and SK Hynix have experienced severe volatility.

According to Bloomberg, storage chip manufacturer Kioxia Holdings (TSE code 285A) is facing further downward pressure on its stock price. Investors previously borrowed funds to bet on a rise in the stock price and accumulated positions, which may now need to be sold at a loss.As of October 15, the company's outstanding leveraged long positions amount to approximately 920 billion yen (5.8 billion USD), the largest among all listed companies on the Tokyo Stock Exchange, according to data from the exchange. Trading activity has decreased as the stock price has fallen, with transaction volume dropping by 84% from its peak, falling to 766 billion yen on Friday, and some credit traders face the risk of being forced to close positions at prices below their purchase price.

A trader holds 1205.30865 Bitcoin long positions on the decentralized perpetual contract trading platform Hyperliquid, with a nominal value of approximately 97.87 million USD, using 40x isolated leverage. The average opening price of this position is 81913.8 USD, and the estimated liquidation price is 79828 USD.As of the Bitstamp quote of 81117 USD, this price is 1.59% higher than the liquidation price of the position. The unrealized loss for this position is approximately 866.5 thousand USD, with funding fee expenses of about 87 thousand USD, and the available margin has dropped to zero. The account has accumulated a loss of approximately 9.7793 million USD over the past 7 days, with a maximum drawdown of 78.77%. It has recorded a total of 3763 trades, with a win rate of 16.67%, and currently holds a 100% exposure in Bitcoin long positions, with no short positions.

According to Ai Yi's monitoring, in the past month, ZEC has retraced more than 24%, but trader solanadoomer (@Boomer) still maintains a long position and has now become the fourth largest long holder of ZEC.He has gone long on 10,000 ZEC with 10x leverage, with a position value of approximately 11.36 million USD, an opening average price of 1146.86 USD, and a current unrealized loss of about 85,000 USD; at the same time, he has also gone long on 2,000 ETH with 25x leverage, with a position value of approximately 4.82 million USD, an opening average price of 2376.18 USD, and a current unrealized gain of about 68,000 USD.

According to Arkham monitoring, the whale trader 0x9c6 is long on SOL with 20x leverage on Hyperliquid, currently holding a position worth approximately 57.5 million USD, with an opening price of 80.86 USD.Based on the current SOL price of 104.43 USD, this position has an unrealized profit of about 13 million USD. The trader opened the position about a month ago and has not closed it yet. Their Hyperliquid account is currently valued at approximately 24.2 million USD.

According to on-chain analyst Yu Jin's monitoring, a certain whale opened a long position in BTC and ETH worth $187 million with maximum leverage 4 hours ago. Among them, the BTC long position was 1,822 coins, worth $150 million, with an opening price of $82,409 and a liquidation price of $80,634; the ETH long position was 15,270 coins, worth $37.33 million, with an opening price of $2,455 and a liquidation price of $2,406.The whale's most successful trade previously made a profit of $14.8 million: going long on NEAR at $2.14 at the end of August and taking profit at $4.88 at the end of September.