Spark: Q3 Net Protocol Revenue Surpasses $4 Million, Stablecoin Swap Layer Hits Over $14 Billion in Trading Volume in Its First Month

According to official announcements, MNX, an AI trading platform in the MegaETH ecosystem, has officially launched, offering Pre-IPO futures for Chinese and U.S. AI companies including OpenAI, Anthropic, DeepSeek, and Moonshot (Yuezhi Anmian). The product is a periodic futures contract with no funding fees, meaning traders do not incur holding costs. MNX also supports multiple innovative assets tied to AI impacts: - AI Company Revenue: Trade the combined 2027 revenue of OpenAI and Anthropic - U.S. Employment: Trade the U.S. labor force participation rate for December 2027 - San Francisco Real Estate: Trade the Zillow Home Value Index for San Francisco in December 2027 - AI Computing Power: Trade the spot rental price index of NVIDIA H100 GPUs via perpetual contracts - 2028 U.S. Presidential Election: Predict whether the Democratic Party candidate will win the 2028 U.S. presidential election. Through MNX, traders can not only position for the winners of the AI race, but also trade the ripple effects of AI on the broader society in advance. MNX previously raised $6.4 million in funding, led by Village Global with participation from firms including North Island Ventures.

US September unadjusted annual CPI rate came in at 3.7%, against an expected 3.6%, with the prior reading standing at 3.40%.

The US September unadjusted annual CPI came in at 3.7%, the highest level since May this year, exceeding the market expectation of 3.6%. The US September unadjusted monthly CPI stood at 0.6%, also the highest since April this year. Spot gold slumped nearly $40 in the short term, trading at $4129.6 per ounce. Spot silver dipped $1 in the short run, now at $58.07 per ounce.

According to Bloomberg, the U.S. Office of the Comptroller of the Currency (OCC) said nine major banks have implemented policies of "denial, de-banking, and discrimination" against certain clients and businesses. The findings stem from a preliminary probe launched after former President Trump called for curbing such practices. The OCC released a final report on the same day, covering the nine largest national banks under its supervision by asset size: JPMorgan Chase, Bank of America, Citigroup, Wells Fargo, U.S. Bancorp, Capital One, PNC, TD Bank, and BMO. Between 2020 and September 2025, all these banks had policies that could restrict access to financial services based on political or religious beliefs, or legal commercial activities, the OCC stated. The report also noted that the banks’ broad reputational risk rules lack clear, objective risk criteria, and impose access restrictions on sectors including oil and gas, coal, firearms and ammunition, detention facilities, tobacco and e-cigarettes, and digital assets. OCC Comptroller Jonathan V. Gould said the agency will evaluate further adjustments to its regulatory and examination framework; no penalties such as fines have been disclosed so far.

The U.S. September unadjusted core CPI year-on-year rate climbed to 2.6%, marking its highest level since June this year and exceeding the market expectation of 2.5%. The U.S. September seasonally adjusted core CPI month-on-month rate came in at 0.3%, higher than the market forecast of 0.2%.

U.S. short-term interest rate futures declined, with markets ramping up bets that the Federal Reserve will implement three more interest rate hikes by the end of 2027. The U.S. Dollar Index (DXY) rallied nearly 40 points in the short term, now standing at 102.52.