pricing

CryptoQuant analyst BaykusCharts stated that Binance's Ethereum open interest is currently about 5.8 billion USD, which is about half of last summer's peak of over 12 billion USD. On the surface, this looks like large-scale deleveraging, but open interest is denominated in USD, and the ETH price has also dropped by about half during the same period. When converted to ETH, the current open interest is about 2.5 million ETH, close to the peak of about 2.5 million ETH. Therefore, the decline is primarily driven by price rather than traders closing their positions.In terms of funding rates, the significant positive premiums seen in early 2021 and early 2024 have disappeared. After experiencing several periods of negative funding rates this year, it is currently just slightly above zero, with both long and short positions not overly crowded, and longs are not paying significant premiums. Analysis suggests that there is still a large amount of leveraged ETH exposure in the market, but there is a lack of strong directional confidence. This limits the risk of a one-sided liquidation chain reaction, but it also means that any decisive breakthrough in either direction could accelerate quickly. The key signals are: a price increase and a sharp rise in funding rates indicate long crowding; a price decrease and an increase in open interest indicate a growth in short positions.

According to CoinDesk, CF Benchmarks, an index provider under Kraken's parent company Payward, has launched CFB Oracle, which will introduce pricing benchmarks for BlackRock's Bitcoin ETF and CME Group's cryptocurrency futures into blockchain applications.The service provides benchmark data for markets including cryptocurrencies, stocks, bonds, commodities, and foreign exchange, supporting developers in building on-chain index funds, tokenized portfolios, and derivatives products.CF Benchmarks stated that its indices currently serve products representing over $120 billion in assets. CFB Oracle now supports Ethereum, HyperEVM, and Robinhood Chain, with plans to expand to other compatible networks in the future.Payward also plans to use this service for its upcoming U.S. perpetual contract products, providing pricing data for these products, which are still awaiting regulatory approval. The service will compete with oracle providers such as Chainlink and Pyth.

Meta Platforms announced that the pricing for its depositary shares is set at $50 per share.

Bloomberg Markets column Odd Lots released the episode "AI Agents Are Already Changing the Price of Goods" on October 26, subtitled The Future of Fair Pricing. Guest Lindsay Owens from the think tank Groundwork Collaborative stated that the history of price fraud does not support the notion that new technologies will make goods cheaper.Owens mentioned that research from the think tank shows that some consumer-facing AI agents, after understanding users' financial situations, actually recommend more expensive products. Her new book "Gouged: The End of a Fair Price --- and What That Means for Your Wallet" discusses how companies increase charges through data collection and monitoring. This episode also covers AI agents like Meta's Muse, tech companies' claims about agents helping consumers find good deals, and methods of price fraud that existed before the advent of AI.

SpaceXAI plans to launch four Grok pricing plans soon.

In the seventh live broadcast of the Huobi Expert Lecture, HTX Research asset analyst WZ pointed out that in the past, people were accustomed to explaining Crypto with Crypto, but today, the variables that determine the next phase of Crypto are increasingly occurring outside of Crypto. This marks a new pricing cycle that Crypto is entering.On the policy level, WZ believes that although the Clarity Act, which has systematic characteristics, is hindered in the Senate due to the need to secure bipartisan votes and issues involving the Trump family's interests and stablecoin profit distribution, U.S. crypto regulation has not stalled. For instance, the SEC recently released an "innovation exemption" plan that allows compliant institutions meeting certain conditions to tokenize specific stocks, accelerating the integration of traditional finance and crypto.On the macro level, WZ stated that the situation in the Middle East and the blockage risk in the Strait of Hormuz have raised the "risk premium" of crude oil. Rising oil prices can trigger inflation expectations, which in turn affect U.S. Treasury yields and global liquidity. When energy prices remain high and interest rates stay elevated, the upward potential for risk assets like Bitcoin may be constrained.WZ also pointed out that in this cycle, the direct inflow and outflow of ETF funds have changed the traditional logic of capital overflow, making a "general rise" pattern for altcoins difficult to achieve. However, in the new cycle, assets with a "new narrative" and strong consensus will still experience independent upward trends.

According to BeInCrypto, Solana co-founder Anatoly Yakovenko posted on the X platform that he hopes to establish a giant routing on the mainstream trading aggregator Jupiter, converting tokenized Nvidia stocks into tokenized SpaceX (SPCX) via Fartcoin, and believes that this routing will become the national best bid and offer (NBBO) reference price for all brokers in the United States.Yakovenko pointed out that the Jupiter aggregator automatically selects the lowest-cost trading path, and meme coin pools typically have the deepest liquidity on the network, so the router may complete part of the stock trades through Fartcoin.

According to a report by the Financial Associated Press, the Chief Financial Officer of OpenAI stated that they are considering reforming the charging model, testing a new pricing model based on performance, gradually moving away from the usage-based billing method, and competing with lower-priced open-source models.

According to The Wall Street Journal, DeFi Development Corp. (NASDAQ: DFDV) announced that its variable rate C series perpetual preferred stock "CHAD Stock" has been priced for its initial public offering on September 3, with a total of 1.375 million shares issued at a price of $8 per share; the underwriters also received an option to purchase an additional 206,250 shares within 30 days.The company expects the gross proceeds from this offering to be approximately $11 million (before deducting underwriting discounts, commissions, and offering expenses), with the transaction scheduled to settle on September 8. The net proceeds will be used for general corporate purposes, including the purchase of Solana (SOL) and other digital assets, strategic transactions, and growth plans.

MediaTek announced on the 31st that it has completed the pricing of $3.9 billion (nearly NT$125 billion) in overseas convertible bonds, bringing in funds from two AI giants, Nvidia and Google's parent company Alphabet. Nvidia accounted for $3.5 billion (about NT$110 billion), approximately 90% of the total amount, and announced that the two companies will deepen their cooperation in the future. This is the largest overseas convertible bond issuance in the history of Taiwan's capital market and also Nvidia's first investment in a Taiwanese company.According to a joint statement from Nvidia and MediaTek, Nvidia will purchase MediaTek's overseas convertible bonds. This investment expands the cooperation between the two parties, and MediaTek will use Nvidia's NVLink Fusion and Nvidia's recently released NVHBM technology to facilitate smoother communication of components in data centers. Nvidia's CEO Jensen Huang stated that the cooperation with MediaTek has "expanded significantly," making it one of the top partnerships; MediaTek's processors will become the foundation for the next generation of Windows PCs. MediaTek stated that this overseas fundraising attracted enthusiastic participation and subscriptions from long-term important partners such as Nvidia and Alphabet, as well as renowned international investors.

U.S. short-term interest rate futures fell, with market pricing indicating an increase in bets on a Federal Reserve rate hike following remarks by Fed Chair Waller.

Unitree is a robotics manufacturer, and Hyperliquid traders have priced its stock at around $93, which is approximately 4.16 times the Shanghai IPO issuance price of $22.37. The perpetual contracts before the IPO allow traders to speculate around the company's eventual market price without holding the company's stock.Analysts at blockchain data analysis firm Allium point out that after Unitree starts trading, the related premium may experience significant price convergence with volatility, and leveraged positions may be liquidated.

Market pricing shows that the probability of the Federal Reserve raising interest rates more than once before mid-2027 has decreased.

According to official news from Robinhood, Robinhood Ventures Fund II (RVII) announced the pricing of its initial public offering, issuing 8 million shares of common stock at a price of $25 per share. The total size of the fund is $225.5 million (before deducting sales expenses and issuance costs), and if the underwriters fully exercise the option to purchase an additional 1.2 million shares, the size could reach up to $255.5 million.Shares are expected to begin trading on the New York Stock Exchange on August 13, with the stock ticker RVII, and the issuance is expected to be completed on August 14. Goldman Sachs is serving as the lead bookrunner for this offering, with Citigroup, J.P. Morgan, UBS Investment Bank, and Wells Fargo Securities as co-bookrunners.

The U.S. Commodity Futures Trading Commission (CFTC) issued a notice reminding regulated entities involved in the listing, promotion, or acceptance of event contracts to ensure that consumers are provided with clear and accurate product pricing information, avoiding misleading market participants, including the obligation to display clear and accurate derivative pricing information.The CFTC's Market Oversight and Market Participants divisions stated that registered entities and relevant personnel must comply with regulatory requirements, ensuring that users fully understand the product attributes in the CFTC-regulated market, and strengthen the supervision of information disclosure by intermediaries, related parties, and partners. It was also specifically pointed out that displaying event contract prices using the common "American odds format" may mislead traders' understanding of the product nature and prevent users from fully obtaining key trading information such as market depth and price impact.The CFTC requires that market participants clearly show consumers that the products are event contracts on CFTC-regulated exchanges, and any misleading pricing display behavior related to regulated products may violate relevant provisions of U.S. federal law regarding the prohibition of manipulative trading practices.