If Bitcoin surpasses $81,000, the mainstream CEX cumulative short liquidation pressure will reach $1.184 billion

Polymarket has launched Polymarket Protocol V2, its next-generation prediction market smart contract system that fully overhauls the underlying architecture of its existing protocol. The current protocol is built on the 2019 Gnosis Conditional Tokens Framework, requiring additional adapters, trading contracts, and authorization processes to be deployed for every new market type. V2, by contrast, standardizes on a single ERC1155 position token contract, uses pUSD as collateral, and integrates a trading platform contract and router. V2 features a modular architecture, with initial support for binary, atomic zero-risk, incremental zero-risk, and composite markets. It connects UMA, Chainlink, and future oracles via the new OracleAggregator, and natively supports cross-chain functionality for positions, collateral, and settlement outcomes—laying the foundation for future multi-chain deployments. All contracts are upgradeable via a secure governance process. Polymarket Protocol V2 has undergone audits by Cantina, Certora, Quantstamp, SigmaPrime, Zellic, and Pashov, with formal verification completed by Certora, and offers a critical bug bounty of up to $5 million. Polymarket will run a small number of gray-scale production markets from October 5 to 30, with plans to switch new markets to V2 starting November 2. The platform is also launching Data API V2, built on Rust and an in-house on-chain indexer.

According to BIT (bit.com) market data, U.S. stocks closed on Monday: the Dow Jones Industrial Average initially rose 0.18%, the S&P 500 gained 0.67%, and the Nasdaq climbed 1.05% to hit a new high. Large tech stocks continued to underpin index performance: SpaceX jumped nearly 8%, Tesla, Nvidia, and Broadcom all rose more than 2%, Meta added 1.9%; TSMC's ADR climbed 2.75%, with its market cap briefly topping $2.5 trillion during the session to hit an all-time high. However, most semiconductor stocks fell: Intel, Qualcomm, ARM, ASML, and AMD all closed lower, and the Philadelphia Semiconductor Index rose less than 0.3%. Alongside the index gains, market breadth continued to deteriorate. Monday marked the 15th consecutive trading day where the number of U.S. stocks hitting new lows exceeded those hitting new highs. Fundstrat data shows that only around 20% of Russell 3000 constituents are trading above their 50-day moving average, while the proportion above the 200-day moving average dropped to just over 40%—the lowest level so far this year. Goldman Sachs noted that some fundamental long-short funds are reducing risk exposure, with overall net positioning at roughly the 2nd percentile of the past five years. In the bond market, yields on 10-year and 30-year U.S. Treasuries rose to 5.34% and 5.70% respectively during the session, both hitting new highs since 2002. The U.S. September ISM Services PMI fell to 54.9, but the services price index rose from 72.6 to 74.0—its highest level in four years—amplifying market concerns about persistent inflationary pressure and prolonged high interest rates.

According to on-chain analyst Ai Yi (@ai_9684xtpa), GMGN transferred 11,999.5 ETH to Coinbase's Batch Staking address for staking six hours ago. Notably, a week prior, GMGN had deposited ETH worth $16.38 million into a trading platform, sparking suspicions of a sell-off.

Bloomberg Billionaires Index shows Elon Musk’s net worth rose by $65 billion on Monday, climbing to $1.04 trillion, returning him to the ranks of trillionaires after a three-month absence. The wealth gain was driven primarily by increases in the value of his stakes in SpaceX and Tesla: SpaceX’s share price has risen 13% since October, while Tesla’s has climbed 6.7%. Musk became the world’s first trillionaire in June this year, following SpaceX’s record initial public offering (IPO), but the firm’s share price fell amid overvaluation concerns, causing him to quickly lose that status. By late July, Musk’s net worth had dropped more than $600 billion from its peak. Recently, market sentiment toward both companies has improved. SpaceX’s share price has rebounded 58% from its August low, with Morgan Stanley calling it one of the lower-valuation ways to access potential growth in the space and smart industries; Tesla also reported better-than-expected third-quarter sales last week. Musk’s stakes in SpaceX and Tesla account for over 98% of his total net worth.

According to a report by the Financial Times, Bank of America, Citigroup, and Morgan Stanley began on Monday to distribute portions of a $60 billion debt financing deal to other banks. The financing is intended to support Anthropic’s lease of Google chips and access to AI computing power, marking a record scale for a chip financing transaction. The three banks had previously committed to funding the deal. The financing package includes approximately $42 billion in senior secured loans backed by Broadcom, with syndication distribution now underway. Leveraging Broadcom’s A-level credit rating, this portion of debt could later be sold via private placements or investment-grade bond markets. Another $18 billion in subordinated debt not backed by Broadcom will be rolled out later, with BlackRock having committed to funding roughly $9 billion of that amount. The funds will be used for Anthropic’s 2027 chip orders, with lease payments set to commence after chip delivery. As subordinated debt lenders will directly bear Anthropic’s credit risk, banks may wait until after Anthropic’s planned initial public offering (IPO) before marketing the deal to investors to provide them with more financial disclosures. The deal is seen as a key indicator of market demand for AI-related debt financing.

According to market data from BIT (bit.com), US stocks closed on Monday: The Dow Jones Industrial Average posted a preliminary 0.18% gain, the S&P 500 rose 0.67%, and the Nasdaq climbed 1.05% to a new high. Nvidia (NVDA) gained 2%, while SpaceX (SPCX) surged over 7%.