Next weeks highlights
April 29
Hyperliquid plans to adjust the fee system after April 30 and introduce a staking tier system ;
April 30
TOKEN 2049 Dubai 2025 will be held from April 30 to May 1 ;
Terraform Labs creditors need to complete registration by April 30 ;
May 2
The U.S. will release seasonally adjusted non-farm payrolls and unemployment rate data for April ;
Others (specific time undetermined)
OKX Star: OKX payment wallet will be launched next week ;
From April 28 to May 4, more noteworthy events in the industry are previewed below.
April 28
Odaily Planet Daily News According to Cboe Digital, the crypto arm of the Chicago Board Options Exchange (Cboe), it plans to launch a new Bitcoin futures product on April 28, subject to regulatory approval. The futures product launched in cooperation with FTSE Russell will be settled on the last working day of each month. The futures contract is cash-settled and is based on the XBTF index, which reflects 1/10 of the value of the FTSE Bitcoin Index.
If approved by regulators, the futures will begin trading on April 28. (CoinDesk)
April 29
BSC will conduct a hard fork upgrade of the Lorentz mainnet on April 29
Odaily Planet Daily News: BNB Chain officially announced that it will soon carry out a hard fork upgrade of the Lorentz mainnet.
opBNB will be upgraded at 11:00 AM (UTC+8) on April 21; BSC will be upgraded at 01:05 PM (UTC+8) on April 29.
Hyperliquid plans to adjust the fee system after April 30 and introduce a staking tier system
Odaily Planet Daily News Hyperliquid announced that it will adjust the fee system on or after April 30, 2025, and introduce staking tiers. Under the new rules, users who stake HYPE tokens can enjoy lower transaction fees, up to 40% discount. In addition, the spot and contract markets will adopt independent fee systems, and the weight of spot trading volume will be doubled when calculating to improve the fairness of fee calculation.
After the adjustment, the default rate has increased, the contract Taker rate has increased from 0.035% to 0.045%, and the spot Taker rate has doubled from 0.035% to 0.07%. The official said that this move is aimed at increasing protocol revenue and enhancing the practicality of HYPE.
NFT trading platform X2Y2 announced the end of operations and will be officially closed on April 30
Odaily Planet Daily News: NFT trading platform X2Y2 posted a statement, After three years of glory and $5.6 billion in trading volume, X2Y2 will officially close as an NFT market on April 30, 2025. X2Y2 contracts will continue to be active, but the platform itself will cease operations. X2Y2 CEO posted, NFT trading volume has shrunk by 90% since its peak. The life and death of a market platform depends on network effects. After three years of striving for the first place, it is time to let go and build something with more lasting value.
But this isn’t a goodbye — this is a transformation. Over the past year, we’ve been diving deep into the world of AI and how it can intersect with crypto in new and powerful ways. We’re building something entirely new: a decentralized way to deliver yield, powered by AI. It’s decentralized, innovative, and designed to create value over and over again — not just chasing trends. The X2Y2 token is closely tied to our NFT vision, and I won’t sugarcoat the reality — this change may impact its price. But I believe our next chapter will create something even more valuable in the long run.”
April 30
TOKEN 2049 Dubai 2025 will be held from April 30 to May 1
Odaily Planet Daily News TOKEN 2049 Dubai 2025 will be held in Dubai, UAE from April 30 to May 1, 2025.
Terraform Labs creditors have until April 30 to register
Odaily Planet Daily News According to official news, Terraform Labs has opened its crypto creditor claims portal. Previously, the company filed for bankruptcy reorganization in January 2024. This bankruptcy application stemmed from the collapse of its $40 billion ecosystem in 2022.
Eligible creditors must complete registration on the Crypto Loss Claims Portal by April 30, 2025, otherwise their claims will not be accepted.
May 1
Crypto trading platform eXch will shut down on May 1 due to money laundering allegations
Odaily Planet Daily News Cryptocurrency trading platform eXch announced that it will cease operations on May 1. Earlier reports said that the platform was used to launder some of the stolen funds from the Bybit trading platform.
According to an official announcement published on April 17, eXch said that the majority of its management team voted to “cease operations and exit” in response to allegations that the North Korean hacker group Lazarus Group laundered approximately $35 million through the platform — funds derived from the $1.4 billion hack of Bybit. The trading platform said it had become the target of a “transatlantic joint law enforcement operation” that aims to shut down its operations and possibly bring criminal charges.
The trading platform initially denied accusations by on-chain sleuth ZachXBT that it helped the Lazarus Group launder money, but admitted to handling a “very small portion” of the funds from the February hack. (Cointelegraph)
PsyFi will shut down all services on May 1st, and users need to withdraw funds before then
Odaily Planet Daily News: Solana Ecosystem Financial Instrument Product Provider PsyFi (including PsyLend and Vaults) will shut down all front-end and back-end services and stop support on May 1, 2025. The platform is already in withdrawal-only mode, and users need to withdraw all funds before this date to ensure the recoverability of assets. For those who want to interact directly with smart contracts, the official may share the contract address and IDL later.
Strides AI agent Echos announced that it will shut down on May 1
Odaily Planet Daily reported that the AI agent Echos launched by Stride, the Cosmos ecosystem liquidity staking protocol, announced that it will be closed on May 1. Users need to withdraw funds before it is permanently closed on May 1.
May 2
The U.S. will release seasonally adjusted non-farm payrolls and unemployment rate data for April
Odaily Planet Daily News: At 20:30 Beijing time on May 2, the United States will release the seasonally adjusted non-farm payrolls and unemployment rate data for April.
May 3
None
May 4
None
Others (specific time undetermined)
OKX Star: OKX payment wallet will be launched next week
Odaily Planet Daily News: OKX CEO Star posted on the X platform that the OKX payment wallet will be launched next week. This is the only way to popularize cryptocurrency to one billion users.
Odaily Planet Daily News Polygon announced the launch of the aggregator program Agglayer Breakout, which aims to support the development of projects within its PoS ecosystem and bring benefits to POL token stakers. The program provides incubation, funding and resource support. Successful projects will airdrop 5% to 15% of the total supply of their native tokens to POL stakers and access the Agglayer network. Agglayer is an aggregation layer based on zero-knowledge proof that aims to provide users with a unified on-chain experience. The first participating projects include Privado ID and Miden, and snapshots will begin next week. (CoinDesk)
Odaily Planet Daily News: MANTRA CEO John Patrick Mullin said that he will announce specific measures including ecosystem development, governance protocol enhancement and the execution of the destruction of 150 million OM tokens he personally holds at the TOKEN 2049 event in Dubai next week. In addition, MANTRA is coordinating with ecological partners to plan to destroy an additional 150 million OM tokens, a total of 300 million OM, accounting for about 16.5% of the total supply, in order to rebuild community trust and stabilize market sentiment.
