Uniswap’s cumulative trading volume on the Ethereum mainnet exceeds $3 trillion.
On May 6, Uniswap Protocol’s historical cumulative trading volume on the Ethereum mainnet has surpassed $3 trillion, according to the official Uniswap account.
[PANews]
Trump: If Iran refuses to agree to the deal, the bombing will begin.
U.S. President Trump said that bombing would begin if Iran did not agree to the deal.
If Iran agrees, the “Epic Wrath” operation will end; at that time, with highly effective blockade measures, the Strait of Hormuz will be fully open to all parties, including Iran.
[Foresight News]
Market news: Iran is assessing a new proposal from the United States to end the war
Market news: Iran is evaluating a new U.S. proposal to end the war.
[Odaily]
Infographic: Hyperliquid’s 30 Web3 Business Partners — Building the Operating System for On-Chain Liquidity
Web3 asset data platform RootData has compiled a list of 30 Web3 business partners of Hyperliquid, covering several key areas such as stablecoins, cross-chain infrastructure, wallet entry points, DeFi protocols, institutional custody, and trading ecosystem, gradually forming a complete on-chain financial system.
At the funding level, Hyperliquid has connected to stablecoin issuers such as Circle, Tether, and Ethena. In terms of underlying infrastructure, it connects Chainlink, Axelar, deBridge, Ripple and other cross-chain and oracle services. The user entry layer covers wallets and front-end tools such as Phantom, Rabby Wallet, and DeBank, reducing the barrier to entry for users.
At the same time, more native DeFi protocols are beginning to emerge within its ecosystem, such as Pendle, Felix, HypurrFi, HyperBeat, etc. According to RootData data, the Hyperliquid ecosystem has included 145 high-quality projects, which means that Hyperliquid is attracting more financial applications to build businesses around its liquidity.
In addition, the addition of custody service providers such as Anchorage Digital, BitGo, and Fireblocks has enabled it to connect to larger-scale institutional funds. Trading platforms and market-making institutions such as Bybit, trade.xyz, and IMC Trading further strengthen market liquidity.
Overall, Hyperliquid is constantly expanding outward around “on-chain liquidity” and is trying to replicate the ecological model of centralized exchanges on-chain, but the core is no longer the account system. Related collection [Hyperliquid Web3 Partner Network Collection (continuously updated)]
Crypto projects actively showcasing their partner networks has become a key way to enhance transparency and market trust. It is reported that RootData welcomes Web3 project parties to claim information, and continues to track and open more project business relationship disclosure portals. The platform has continuously released multiple phases of crypto project ecosystem maps, nominating Web3 ecosystem partners of upstream customers such as Visa, Mastercard, and Coinbase.
If you would like to nominate your project in future ecosystem maps, please fill out the [RootData 2026 Industry Ecosystem Mapping] form to supplement your important customers and partners.
[ChainCatcher]
CryptoQuant: $93,000.0 is a key upside target for BTC
A CryptoQuant analyst posted that “$93,000 is a key upside target for Bitcoin, and the CME gap is not a guarantee, but a signal.”
They represent areas where positions, liquidity, and market sentiment converge, making them key reference points for future price movements.
[Odaily]
Binance will update the leverage and margin for multiple stock index USDT-margined perpetual contracts.
According to the official announcement, Binance Futures will update the leverage and margin tiers of USDⓈ-M perpetual contracts such as TSLAUSDT, SNDKUSDT, MUUSDT, CRCLUSDT, INTCUSDT, MSTRUSDT, NVDAUSDT, and PLTRUSDT at 12:00 (Beijing time) on May 8, 2026.
Existing positions will be affected after the update, and contract grid trading may expire due to adjustments. Users are advised to adjust in time before the changes to avoid risks.
[Odaily]
U.S. Intelligence Report: Iran War Could Be Motive for Suspect in Trump Dinner Shooting Incident
According to a Reuters report, a classified intelligence report—sent to law enforcement agencies across all U.S. states and localities, as well as other federal agencies—identifies the U.S.-Israel conflict with Iran as a potential motive for the suspect in last month’s failed assassination attempt at the White House Correspondents’ Dinner. The suspect is charged with attempting to assassinate Donald Trump and senior officials of his administration.
The preliminary assessment, issued on April 27 by the Department of Homeland Security’s Office of Intelligence and Analysis, states that suspect Cole Allen “harbors multiple social and political grievances.” The report concludes that the Iran conflict “may have influenced his decision to carry out the attack” and cites Allen’s social media posts criticizing U.S. actions in the war.
Labeled a “Significant Event Explanation,” this report was obtained by the transparency nonprofit Property of the People through a public records request.
[Odaily]
Data: Pension-usdt.eth’s 3x short positions on BTC and ETH have an unrealized loss of over $19.60 million.
According to Onchain Lens monitoring, as the market continues to rise, the 3x short BTC and ETH positions held by Pension-usdt.eth (0x0dd…a902) have incurred floating losses exceeding $19.6 million.
Consequently, the address’s profits have decreased from over $32 million to $10.66 million.
[ChainCatcher]
Google Chrome Exposed for Silently Downloading 4GB Local AI Model, Possibly Involving Illegal Data Collection
On May 6, according to a report by Tom’s Hardware, security researcher Alexander Hanff revealed that Google Chrome silently downloads a ~4 GB local AI model file named “weights.bin” to devices meeting certain hardware requirements—without explicitly informing users or obtaining their consent. This file, based on Gemini Nano, powers on-device AI features within the browser.
Hanff noted that even if users manually delete the file, it will be re-downloaded in the background unless experimental features are disabled or Chrome is uninstalled. He believes this behavior may violate the EU’s ePrivacy Directive and the GDPR’s requirements regarding data storage on users’ devices and transparency, while also imposing additional bandwidth costs and significant energy consumption globally.
[PANews]
The unrealized loss of BTC and ETH short positions of whale pension-usdt.eth has exceeded $19.60 million.
On May 6, according to Onchain Lens, as the market continues to rise, the Ethereum address “pension-usdt.eth” currently holds BTC and ETH 3x short positions with a floating loss of over $19.6 million.
Its cumulative profit has fallen from over $32 million to approximately $10.66 million.
[PANews]
Pakistani sources: US-Iran negotiations appear to be showing promise
Authoritative sources in Pakistan say that US-Iran talks mediated by Pakistan appear to be showing promise, with “low-profile negotiations expected to translate into tangible results.”
[Odaily]
Planet Evening News
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Kevin Hassett, Director of the U.S. White House National Economic Council: Questions regarding Federal Reserve Chair Jerome Powell remain uncertain;
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Iran will begin restarting operations in the Strait of Hormuz; comprehensive U.S.-Iran nuclear negotiations will commence shortly;
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Iran states it will ensure the safe passage of vessels through the Strait of Hormuz;
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U.S. intelligence report: The Iran war may have been the motive behind the suspect in the Trump dinner shooting incident;
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pension-usdt.eth’s 3x short BTC and ETH position has incurred unrealized losses exceeding $19.60 million;
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Arthur Hayes has once again called for ZEC: “See 10% of BTC’s price”;
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Brazilian publicly listed company OranjeBTC supports the Strategy to adjust STRC dividends to a biweekly payout schedule;
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A new Polymarket market has launched: “Will the U.S. and Iran reach a permanent peace agreement before Trump’s visit to China?”;
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Institutions: The Federal Reserve is unlikely to raise interest rates, as such action could harm the economy.
A trader closed a short position of 250 BTC, incurring a loss of approximately $308,000.
According to Lookonchain monitoring, due to the rise in BTC price, the address starting with 0x128e liquidated its short position of 250 BTC (valued at $20.32 million), incurring a loss of approximately $308,000.
Subsequently, this address withdrew the remaining $191,500 from Hyperliquid.
[Foresight News]
Iran’s Foreign Ministry Spokesperson: “Assessing” the 14-point peace proposal put forward by Washington
An Iranian Foreign Ministry spokesman said they are “assessing” a 14-point peace plan proposed by Washington.
[Odaily]
US intelligence report: Iran war may be motive for Trump dinner shooting suspect
According to Reuters, a classified intelligence report sent to law enforcement agencies across all U.S. states and localities—as well as other federal agencies—identifies the U.S.-Israel conflict with Iran as a potential motive for the suspect in last month’s failed assassination attempt at the White House Correspondents’ Dinner. The suspect is charged with attempting to assassinate Donald Trump and senior officials of his administration.
The preliminary assessment, issued on April 27 by the Department of Homeland Security’s Office of Intelligence and Analysis, states that suspect Cole Allen “harbors multiple social and political grievances.” The report concludes that the Iran conflict “may have influenced his decision to carry out the attack” and cites Allen’s social media posts criticizing U.S. actions in the war.
Labeled a “Significant Event Narrative,” the report was obtained by the transparency nonprofit Property of the People through a public records request.
[Foresight News]
WTI crude oil fell 13.17% during the day, the first time since April 21.
Gate data shows that WTI crude oil has fallen below $90 per barrel, the first time since April 21, with a daily decline of 13.17%.
[Odaily]
Manta Network announces the termination of the Manta staking program
Manta Network has announced that it will terminate the Manta staking program because inflationary staking rewards (returns generated by issuing new tokens) will dilute all MANTA holders over time.
Staking rewards will officially cease in two weeks, operators can exit immediately, and delegators can unstake at any time via the dashboard, with funds being secure and controlled by the users themselves.
At the same time, Manta Network will operate the Layer 2 infrastructure of Manta Pacific completely independently, no longer relying on third-party operators. The previously announced Manta Atlantic deprecation plan is underway.
[ChainCatcher]
A certain address incurred losses exceeding $10 million on long positions in crude oil and has partially closed its positions.
According to @ai_9684xtpa monitoring, the address starting with 0xebe has accumulated long positions in crude oil (CL and BRENTOIL) worth $55.36M, with opening prices of $107.1 and $112.4, respectively.
After partially closing positions today and losing $586,000.00, the address is still floating at a loss of nearly $10.14M, and has also paid a funding fee of $93,000.00.
[Foresight News]
Iran Says It Will Ensure Safe Passage of Ships Through the Strait of Hormuz
May 6th, according to Xinhua News Agency, Iran says it will ensure the safe passage of ships through the Strait of Hormuz. Iran is assessing a new U.S. proposal to end the war.
The U.S. proposal shows that Iran promises to suspend nuclear enrichment activities. Iran will begin to reopen the Strait of Hormuz, and the U.S. will lift the blockade. A comprehensive nuclear agreement with Iran will be negotiated later.
[PANews]
Today’s Market Pulse
The crypto market is showing strong upward momentum with significant short squeezes and expanding institutional infrastructure, while geopolitical tensions appear to be de-escalating, potentially reducing risk aversion across markets.
Key Themes
Geopolitical De-escalation & Market Sentiment
Iran is assessing a US peace proposal, with reports suggesting negotiations are showing promise and the Strait of Hormuz may reopen. This potential resolution to heightened tensions could reduce risk aversion globally. The market implications are significant as decreased geopolitical uncertainty typically favors risk assets, potentially fueling continued crypto upside.
Crypto Market Structure & Momentum
Bitcoin has a key upside target at $93,000 according to CryptoQuant, with large short positions being aggressively liquidated. Pension-usdt.eth’s unrealized losses exceeding $19.6 million on 3x short positions highlight the intense pressure on bears. These short squeezes are creating a feedback loop of upward momentum that could accelerate if the market continues to climb.
DeFi Infrastructure Expansion
Uniswap has reached $3 trillion cumulative trading volume on Ethereum, demonstrating the sustained adoption of major DeFi protocols. Meanwhile, Hyperliquid is rapidly building a comprehensive on-chain financial ecosystem with 145 projects, connecting major institutions and protocols. This infrastructure development suggests increasing sophistication in DeFi and growing institutional participation in on-chain finance.
Traditional Market Correlations
WTI crude oil has fallen 13.17% as Iran tensions potentially de-escalate, impacting commodity markets. Binance’s upcoming leverage adjustments for stock index perpetual contracts could increase volatility in these markets. The correlation between traditional risk assets and crypto remains relevant, with oil price movements potentially influencing market sentiment.
RichSilo Verdict
Smart money should monitor the outcome of US-Iran negotiations as a potential catalyst for risk-on sentiment across all markets. The significant short squeezes in crypto suggest upward momentum may continue, with $93,000 as a key technical target to watch. However, watch for potential volatility if geopolitical tensions unexpectedly escalate or if traditional markets experience shocks from economic data. The expanding institutional infrastructure in DeFi, particularly Hyperliquid’s ecosystem, represents a long-term positive narrative that could outperform in a sustained bull market.
