JELLYJELLY experiencing extreme spot/futures price difference, funding rate reaches extremely negative value
**March 10 —**
Per HTX market data, JELLYJELLY’s perpetual contract mark price ($0.067) has a wide discrepancy from its on-chain spot price ($0.092), with a roughly 28% spread. Funding rates on major JELLYJELLY contract platforms have hit an extreme negative level, currently -2% every 4 hours.
JELLYJELLY’s on-chain market cap stands at $93 million. Coinglass data shows total open interest across all exchanges has surged to $39.2 million.
Analyst Ai Auntie (@ai_9684xtpa) noted JELLYJELLY’s total open interest spiked sharply around 1 p.m., suggesting a potential repeat of past price manipulation.
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Hong Kong Stock Tencent Holdings' Afternoon Gain Expands to 7.66%, Launch of WorkBuddy Highly Praised by International Investment Banks
On March 10, Bitget market data shows Hong Kong-listed shares of Tencent Holdings (HK.0700) surged 7.66% in afternoon trading to HK$555.5, marking a notable rebound from a recent low of HK$498.8 and pushing its current market capitalization to HK$5.05 trillion.
Over the past six months, Tencent’s stock has dropped sharply from its autumn 2023 peak of HK$683. The market had previously viewed the company as lagging rivals like Alibaba and ByteDance in the AI race.
But after accelerating its AI Agent rollout in recent days, market expectations for Tencent have improved significantly. Tencent has launched WorkBuddy (now officially available), while QClaw remains in internal testing. It has also rolled out channel access capabilities for Enterprise WeChat and QQ. WorkBuddy is compatible with the OpenClaw skill framework and supports the MCP protocol, earning high praise from international investment banks.
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Trump has started looking for a "successor," frequently inquiring with advisors and allies about the strengths and weaknesses of Pence and Rubio
March 10 — Less than 24 hours after the U.S. began bombing Iran, former President Trump (note: context assumes a hypothetical scenario) held a meeting with more than 20 donors at his Mar-a-Lago estate. As attendees dined, Trump asked the group: “What do you think of Pence and Rubio?” Sources present reported Rubio received more enthusiastic applause.
With over two years remaining until the 2028 election, Trump is already deeply focused on it, actively searching for a successor to his MAGA movement. For months, he has privately quizzed his advisors, donors and allies on the political strengths and weaknesses of his vice president and secretary of state. Both young, ambitious Republicans, the two have been unwittingly drawn into a political competition.
Analysts note the upcoming midterm elections will heavily shape Pence’s political future. Pence currently plays a key role in the GOP’s midterm strategy, fundraising for the Republican National Committee and campaigning for candidat
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Riding the Wave of Commodity Trading Boom, Hyperliquid Platform Sees Weekly ROI Surge Over 60%
**March 10th Update**
On February 28th, the U.S. launched sudden military action against Iran. With traditional markets closed for the weekend, on-chain gold products perfectly satisfied traders’ demand to react to the news via trading.
Last weekend, as the Strait of Hormuz closed and Middle Eastern oil-producing nations cut production, demand for oil-related products spiked. Hyperliquid stepped in again, even offering a one-day low-price buying opportunity.
As of March 10th, WTI crude oil (CL) trading volume on Hyperliquid has surged to $18.3 billion in the past 24 hours—this follows CL first topping $1 billion on March 3rd. The contract has posted a **weekly jump of 1830%** and **daily gain of 220%**, with open interest hitting $170 million. Currently, CL volume is 1.8x that of ETH, ranking second on the platform’s trading leaderboard (only behind BTC).
Per DefiLlama data, since the Iran conflict erupted, Hyperliquid’s platform revenue has jumped from $8.54 million to $15
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