GMX has launched on the Ethereum mainnet, allowing users to directly trade or provide liquidity.
On December 22, GMX announced its integration with the Ethereum mainnet, enabling users to directly transact or provide liquidity on the mainnet. Ethereum users can earn automatic compounding rewards from three revenue streams: perpetual trading fees (position opening/closing, borrowing/lending, liquidations), exchange fees, and minting/burning fees for liquidity tokens.
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Nansen CEO: Plans to Upgrade Nansen AI in 2026 and Launch First JVP Protocol
**Nansen CEO Alex Svanevik Unveils 2025 Year in Review**
On December 22, Nansen CEO Alex Svanevik released the company’s 2025 Year in Review, noting that the biggest benefits of artificial intelligence (AI) will flow to individuals—not institutions.
The Nansen AI mobile app, launched earlier this year, is set to evolve into a full-stack on-chain transaction product next year, with AI powering all on-chain transactions.
Svanevik also highlighted the **Joint Venture Protocols (JVP)** initiative the firm introduced: it will enable services for other projects and stakeholders in the Nansen Points community to jointly launch new protocols. The first JVP protocol is expected to go live in 2026.
### Notes on American English adjustments:
1. **Tone & flow**: Used "unveiled" (more impactful for executive announcements) and "set to" (casual, common in tech news) instead of formal phrasing.
2. **Conciseness**: Rewrote "support services aimed at jointly launching" to "enable service
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Current mainstream CEX and DEX funding rates show the market slightly returning to neutrality
December 22nd — According to Coinglass data, despite BTC recently surging past $90,000, funding rates across major CEXs and DEXs still point to an overall bearish market mood.
BTC contract rates on platforms including Binance, OKX, Bybit and Bitget have returned to neutral. Altcoins like Ethereum, however, continue to show widespread negative funding rates. Check the attached image for specific rates of major coins.
BlockBeats Note: Funding rates are set by crypto exchanges to align perpetual contract prices with underlying asset values. They facilitate fund exchanges between long and short traders — exchanges do not collect this fee. The mechanism adjusts traders’ holding costs or profits to keep contract prices close to underlying asset prices.
The baseline funding rate is 0.01%. Rates above 0.01% signal bullish sentiment, while rates below 0.005% indicate bearish sentiment.
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BlackRock deposited 2,019 BTC and 29,928 ETH into Coinbase
On December 22, per LookOnChain data, BlackRock has deposited 2,019 BTC (valued at ~$181.7M) and 29,928 ETH (valued at ~$91.3M) into Coinbase Prime over the past 20 minutes.
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A certain new address is hoarding 806,326 LINK tokens, worth over 10.07 million US dollars
On December 22nd, on-chain analyst Ai Auntie (@ai_9684xtpa) notes that an address starting with 0xf44 has accumulated over $10.07 million worth of LINK since yesterday.
The address has withdrawn a total of 806,326 LINK tokens at an average cost of $12.49, and currently holds an unrealized profit of $161,000.
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Velo partners with WLFI in a strategic collaboration to bring USD1 into the ecosystem
December 22 — Official sources confirm that Velo, a PayFi infrastructure protocol focused on real-world assets (RWAs), has entered a strategic partnership with World Liberty Financial (WLFI).
The pair will integrate USD1, a regulated USD-backed stablecoin, into the Velo ecosystem. This integration will support Velo’s stablecoin liquidity and settlement layer.
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