Key Market Information Discrepancy on September 24th - A Must-See! | Alpha Morning Report

Featured News

1.Aster's Protocol Revenue Surpasses $7 Million in the Past 24 Hours, Reaching a New All-Time High

2.SIGN Price Surges Over 75% in a Short Time, Reaching a Market Cap of $160 Million

3.New "SOL Micro Strategy" FTEL Price Jumps Over 42%, Reaching a Market Cap of $14 Million

4.Ethereum Reserve Concept Stocks Experience a General Increase, with BMNR Up by 3.79%

5.Hyperbot (BOT) Surges Over 34% in 24 Hours, Currently Trading at $0.175

Articles & Threads

1. "How Does Columbia's Feeless Variational Generate Revenue?"

From CEX to DEX, whether spot or derivatives, the revenue model of traditional trading platforms is quite straightforward — charging fees. Binance charges 0.1%, Hyperliquid charges 0.025%, and this seems to have become an industry norm. However, Variational has achieved true zero fees while maintaining a substantial income. Their OLP achieved over 300% annualized yield in April-July 2025, with a total trading volume surpassing $1.2 billion. What is the reason behind this?

2. "Why Can't Chinese Families Stay Wealthy for More Than Three Generations? A Cruel Answer Given by Justin Sun 9 Years Ago"

“Not buying a house, not buying a car, not getting married” is just superficial. What is truly worth discussing is: How does Justin Sun understand wealth? What insights does he have into the wealth creation and inheritance dilemma in Chinese society? Why can't Chinese people become rich, and even if they do, why can’t they maintain that wealth for more than three generations? What are the systemic and cultural roots behind this? In his view, what kind of era are we going through? Why did he agree with Trump’s election as president 9 years ago? The answers to these questions are also hidden in Justin Sun's audio course “The Road to Financial Freedom Revolution” from 9 years ago. In that course, at a life juncture where he had just graduated from Peking University, returned from studying in the United States, and was preparing to make a big impact, Justin Sun's thoughts explained his personal wealth perspective. And over these years, Justin Sun has indeed validated his own judgment through practice.

Market Data

Daily overall market capitalization heat (reflected by funding rate) and token unlocks

Data Source: Coinglass, TokenUnlocks

Funding Rate

Token Unlocks

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