Cumulative trading volume in real-world-asset perpetual futures exceeded $2 trillion in the third quarter, up more than 67% from the second quarter, with Hyperliquid's HIP-3 ecosystem accounting for over 87% of activity as of Sept. 24.

A snapshot from South Korea's Kobit and Coinone showed more than 100 altcoins with zero 24-hour trading volume, underscoring weak liquidity, stale pricing, and execution risks for users on thinner exchange books.

Bitcoin’s 90-day correlation with gold has climbed to 0.56, the highest level since 2017, while its correlation with the Nasdaq 100 fell to about 0.30, pointing to a shift in cross-asset market behavior.

Bitcoin has gone through its steepest deleveraging since 2023, with Binance Bitcoin open interest dropping below its 180-day average before traders returned, highlighting persistent leverage risk in the derivatives market.

Bitcoin spot ETFs posted $987 million in net inflows from Aug. 31 to Sept. 4, extending their positive streak to three weeks, with BlackRock's IBIT leading gains while Grayscale's GBTC remained a net outflow fund.

Ethereum spot ETFs recorded a net inflow of $218 million for the week of August 31 to September 4, extending their inflow streak to three weeks, with BlackRock-linked funds leading gains while Grayscale’s ETHE saw outflows.