Trading

KAT tokenomics is the economic framework that defines how the KAT token is issued, distributed, and used to coordinate liquidity, governance, and incentives within the Katana network. Built on a fixed supply of 10 billion tokens, it combines user-focused distribution, vote-escrow governance (vKAT), and emission routing mechanisms. As decentralized financial infrastructure evolves, understanding KAT tokenomics helps explain how networks attempt to align participation, liquidity growth, and fee-based value capture.

The x402 protocol is a Web3 API payment standard designed for AI agents that addresses the challenge of paying for API services in automated environments. The protocol builds on the HTTP standard 402 Payment Required status code and combines it with blockchain based payment mechanisms, allowing programs to automatically complete payments and settlement when requesting API services. Through this design, x402 provides new infrastructure for machine to machine service transactions on the internet.

Gate Research Institute: Over the past 24 hours, BTC briefly climbed above $71,000, but following a sharp drop and quick rebound during the U.S. market session, it settled back near $69,300. ETH rapidly declined from $2,070 to $2,010 and remains in a recovery phase. Altcoins showed weakness, with most lagging behind BTC, while the Fear & Greed Index remains in the extreme fear range. HUMA, NAORIS, and ARIA saw gains of 50.13%, 39.38%, and 29.02%, respectively, fueled by AI-related narratives. Additionally, Oracle’s earnings beat expectations, driving its share price up nearly 8% after hours, and both Hyperliquid and Circle announced significant product updates.

A DEX Aggregator is an on-chain trading protocol designed to combine liquidity from multiple decentralized exchanges. As the DeFi ecosystem and multi-chain landscape continue to expand, DEX aggregators are widely used to optimize trade pricing, reduce slippage, and improve the efficiency of asset swaps.

A DEX Aggregator is an on-chain trading protocol designed to combine liquidity from multiple decentralized exchanges. As the DeFi ecosystem and multi-chain landscape continue to expand, DEX aggregators are widely used to optimize trade pricing, reduce slippage, and improve the efficiency of asset swaps.

Aster and Hyperliquid are the two representative protocols of the "purpose-built L1 path" within the current decentralized perpetual exchange (Perp DEX) sector. As a pioneer in the field, Hyperliquid has built a deep liquidity moat through its highly mature order book architecture and strong community consensus. Conversely, Aster, as a rising challenger, seeks to leapfrog the competition in high-performance trading through more aggressive multi-chain aggregation logic, private transaction modules, and an underlying execution environment optimized for 2026 market demands.

Gate Research Daily Report: Bitcoin rose by 0.71% to $87,393, while Ethereum dipped slightly by 0.06% to $2,055. The market cap of tokenized U.S. Treasury bonds surpassed $5 billion for the first time. PumpSwap's daily trading volume exceeded $450 million. USDC's market cap reached a record high of $60 billion. Gate Wallet now added support for Berachain. BlackRock launched the iShares Bitcoin ETP in Europe. Asia Web3 Alliance Japan proposed a U.S.-Japan collaboration to advance the tokenized economy and Web3 innovation.

Find out how the Ease of Movement helps traders make informed trading decisions

This article provides a detailed analysis of Bitcoin market dynamics after breaking through $100,000, examining key indicators such as capital flows trending towards equilibrium and weakening supply-side pressure. Through reviewing metrics like realized market cap, net realized profit/loss, and coin days destroyed, it reveals that the market is transitioning from intense profit-taking to a new supply-demand equilibrium, while accumulating volatility may signal the start of a new market phase.

This article looks ahead to 2025, highlighting five key metrics to watch. It reviews significant advancements in cryptocurrency activities and blockchain infrastructure, analyzes the latest developments in stablecoins, ETFs, and decentralized exchanges, and notes that with wider investor access, maturing infrastructure, and the emergence of more popular products, the crypto industry is well-positioned to attract more users and developers.

Gate Research Daily Report: BTC and ETH continue to experience a tug-of-war between bulls and bears, with no clear direction in the short term. Bitcoin mining difficulty has reached a new high, with the difficulty level reaching 110.45T. Arbitrum and Azuki have jointly launched the anime project, Animecoin. Virtuals Protocol and Animoca Brands have initiated a joint program aimed at investing in AI games. Tether is hiring AI filmmakers and has already employed 30 staff for its AI platform. Web3 social platform Metya has completed strategic funding. The PROM token saw a daily increase of approximately 22.07%, with a circulating market cap of $121 million.

The CertiK team found that nearly half of the newly issued Ethereum tokens in the Web3 space are linked to Rug Pull scams. These scams are carried out by organized groups who use liquidity holding addresses for money laundering and risk management. The majority of the funds involved come from centralized exchanges. The article concludes with a warning to users to stay alert and avoid being scammed.

Have you ever encountered memes where chasing the price leads to a crash, while cutting losses leads to a rally? How do market makers operate? Do addresses holding Top 100 assets have insider information? What strategies can be used to avoid being manipulated by market makers? This article will deeply analyze market maker addresses and trading data through several types of coins.

Gate Research Daily Report: On January 10, ETH has seen increased net inflows over the past 7 days, with Base network showing strong net inflows. Altcoins experienced a broad pullback following BTC's decline, though AI Framework and Modular Blockchain sectors showed relative resistance to the downtrend. The US Senate has established a dedicated cryptocurrency subcommittee to improve regulation. The 148th Ethereum ACDC meeting: the seventh CL fork or upgrade will be named after the star "Gloas." Russia has begun selling Bitcoin seized in the Infraud case, which may create short-term selling pressure. Modular AI blockchain OG has completed $30 million in funding, which will be used to implement nodes for its decentralized AI platform.

Gate Research Daily Report: On January 8, the prices of BTC, ETH, and altcoins experienced a comprehensive pullback. The number of Bitcoins held by enterprises increased by 2.24 times, while exchange balances significantly decreased. The 24-hour DEX trading volume on the Solana chain reached $3.98 billion, significantly surpassing the combined total of Ethereum and Base at $2.913 billion, reflecting the market's enthusiasm for DEX platforms on this chain.