Perpetual DEXs processed over $70B on Feb. 5, their second‑biggest day ever, 
as Hyperliquid, Aster, edgeX and Lighter absorbed a sharp BTC, ETH, SOL‑led 
deleveraging. Perpetual DEXs just printed their second-biggest day on record, 
turning a brutal sell-off into a…

Perp DEX traders face Hyperliquid, Aster, edgeX, Lighter volume surge

What to Know: $BTC near $66K and $ETH near $1.9k highlight a fragile tape 
where volatility dictates positioning. &#8216;It’ll get worse&#8217; warnings resonate 
because liquidity stress amplifies risks like wider spreads and higher cross- 
chain costs. Bitcoin DeFi competition is heating up, placing a premium on 
platforms that attract real liquidity rather than just headlines. 
LiquidChain’s unified liquidity narrative aligns with a risk-off market that 
is actively punishing complexity. Crypto’s latest downdraft feels less like a 
temporary shakeout and more like a regime change. Bitcoin is trading around 
$66K and Ethereum is hovering near $1.9K, with both assets posting sharp 
24-hour swings. Volatility is back in the driver’s seat. That backdrop is 
precisely why Cardano founder Charles Hoskinson’s warning that the slump could 
&#8216;get worse&#8217; is hitting home. Speaking during a livestream from Tokyo he noted 
that further problems could lie ahead, and that&#8217;s on top of the current 
conditions. In a market where liquidity thins out, narratives don’t save you; 
execution does. The second-order effects are where the damage compounds: once 
spot prices turn choppy, leverage resets, spreads widen, and cross-chain 
capital becomes incredibly picky about where it sits. A &#8216;risk-off&#8217; tape 
doesn’t just hit prices; it stresses the plumbing. Some could see this as a 
2026 &#8216;crypto winter,&#8217; citing steep drawdowns from 2025 highs and fading risk 
appetite. But the real structural weakness is fragmented liquidity across 
Bitcoin, Ethereum, and Solana. When users are forced into multi-step bridging 
and wrapped-asset dependency just to put capital to work, the system cracks. 
Here, the &#8216;fluidity&#8217; angle becomes critical. When markets bleed red, the 
winners tend to be systems that reduce friction, collapse steps, and make 
liquidity composable, especially for developers who can’t afford operational 
headaches. Fragmented Liquidity Is the Bear Market Tax: $LIQUID is Here to Pay 
In bull markets, fragmented liquidity is annoying. In bear markets, it’s 
expensive. Liquidity fractures across ecosystems because execution 
environments don’t naturally talk to each other. The industry has historically 
papered over this with wrapped assets and bridges. The risk is obvious: bridge 
trust assumptions and wrapped collateral structures become the weakest link 
right when stress is highest. Sound familiar? Spreads gap out, redemptions get 
crowded, and that &#8216;one extra hop&#8217; suddenly becomes a major liability. The next 
leg of crypto adoption, particularly institutional, won’t be powered by yet 
another isolated app chain. It’ll be powered by liquidity that moves cleanly. 
Frankly, the market is asking a blunt question: why should capital accept 
extra steps and extra risk just to access basic DeFi primitives? That is the 
opening LiquidChain is trying to exploit. LEARN WHAT LIQUIDCHAIN IS BUILDING 
LiquidChain ($LIQUID) Pitches Single-Step Cross-Chain Execution LiquidChain 
positions itself as &#8216;The Cross-Chain Liquidity Layer&#8217;, an L3 infrastructure 
protocol designed to fuse Bitcoin, Ethereum, and Solana liquidity into a 
single execution environment. The core pitch is straightforward: fragmented 
liquidity and complex user flows aren&#8217;t features; they’re failure points. Its 
feature set addresses that thesis directly: Unified Liquidity Layer to merge 
$BTC, $ETH, and $SOL ecosystems Single-Step Execution to cut down multi- 
transaction user journeys Verifiable Settlement to strengthen trust 
assumptions versus ad-hoc routing Deploy-Once Architecture, letting developers 
access liquidity across networks from one deployment LiquidChain targets the 
unglamorous but critical plumbing of crypto: the transaction choreography that 
users normally don’t see, until it breaks. For developers, the &#8216;deploy once&#8217; 
narrative matters because it’s effectively a bet on efficiency: ship to one 
environment, tap multiple pools of capital, and avoid rebuilding the same app 
stack three times. Traders watching this setup know that cross-chain layers 
live or die by security design and adoption. Without clear traction from 
builders and sustained liquidity depth, even good architecture stays 
theoretical. BUY $LIQUIDCHAIN ON ITS OFFICIAL PRESALE PAGE LiquidChain Presale 
Prices In the Risk-Off Reality Bearish sentiment doesn’t necessarily kill 
early-stage demand; it filters it. When &#8216;number-go-up&#8217; euphoria vanishes, the 
market starts pricing protocols on whether they reduce risk, steps, and 
failure modes. On that front, LiquidChain’s presale metrics signal early 
interest: it has raised over $529K, with tokens currently priced at $0.01355. 
Those figures matter for tracking momentum, as they reflect live demand at the 
point of sale. Right now, the market backdrop is punishing complexity. With 
$BTC and $ETH swinging hard, mainstream coverage is openly discussing deeper 
drawdowns. The risk is obvious. If the macro tape remains hostile, ETF 
outflows persist, and regulation headlines tighten, presales broadly can slow 
as buyers hoard dry powder. Yet, if history serves, infrastructure that 
improves mobility tends to re-rate quickly once stability returns, simply 
because it becomes the route capital takes back into DeFi. This article is not 
financial advice; crypto is volatile, presales are risky, and cross-chain 
systems carry smart-contract and bridge-related risks.

Hoskinson Warns the Crypto Slump Will Get Worse as $LIQUID Targets Fluidity

China&#8217;s stablecoin ban could tighten global crypto regulations, impacting 
financial innovation and cross-border digital currency flows.
The post China moves to block offshore yuan-backed stablecoin issuance 
appeared first on Crypto Briefing.

China moves to block offshore yuan-backed stablecoin issuance

Binance has bought another 3,600 BTC for its SAFU fund, lifting the stash to 
6,230 BTC as it races to convert roughly $1B in user‑protection reserves into 
Bitcoin within 30 days. Binance has quietly turned its emergency war chest 
into…

Binance traders face $1B SAFU pivot into Bitcoin dip‑buying spree

China has moved to lock down virtually all crypto and real‑world asset (RWA) 
tokenization activity, issuing a new notice that declares such operations 
illegal financial activity and extends liability across the entire service 
stack. Core of the new notice The…

Cryptocurrency price in BTC