Crypto Market Analysis - Perp Dexes, Global Crypto Regulation, Aster under the radar and more

Market Overview

Records will always be broken. The most recent record in crypto was not one to be proud of.

On Friday 10th October we witnessed the single biggest liquidation event in crypto’s very colorful history. $19B (Most likely a lot higher) was wiped out with cascading liquidations across centralized and
decentralized trading venues.

What started as an after hours announcement by none other than Trump regarding 100% tariffs on China as a result of their rare earth policy, turned into a bloodbath for crypto.

The bottom line is simple. We are in a high leverage perpetual trading environment and it’s always going to end badly. Leverage traders got annihilated. Again. This is the record of Top 10 biggest liquidation events in crypto’s short history.

Perp Dexes have been hot in 2025, we look at whats next for them.

So much has been achieved with global crypto regulation this year, we check out the latest updates.

Our latest project research takes a look at Aster.

The approval of a Solana ETF by the US SEC is imminent, we look at the different ETF applications that have been submitted.

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