Top 7 Crypto | Analytics & Alpha

On Radar: Ostium - The Perp DEX Where 90% of Volume Isn't Crypto Ostium is a perp DEX on Arbitrum built for one thing: synthetic perpetual exposure to real-world assets. Stocks (NVDA, TSLA), indices (S&P 500, Nikkei), commodities (gold, silver, oil), and forex (EUR/USD, GBP/USD). No tokenization, no wrapped assets. Prices are tracked by Stork oracles for RWAs and Chainlink for crypto. Pool-based design instead of CLOB - LP capital backs all markets through a single OLP vault currently generating ~28% APR. While Hyperliquid and tradeXYZ dominate crypto and oil perps on their own L1, Ostium carved out a niche: the go-to venue for macro traders who want to express views on equities, FX, and commodities without leaving DeFi. Get 2% Boost to Ostium points with our link 🔗https://ostium.app/trade?ref=OFK54 Top 7 Ecosystem:Alpha| X | Aggregator

Pharos raises $44M in a Series A Found Investors in the round include Sumitomo Corporation's CVC arm, SNZ Holdings, Chainlink, and Flow Traders. The raise follows an earlier seed round where the firm raised $8M backed by Lightspeed Faction and Hack VC. It also comes after a recent investment from GCL New Energy (0451) that valued the firm at nearly $1B. Pharos's mainnet is expected to debut in the near future. Pharos builds the fastest EVM-compatible Layer 1 for RWAs and cross-chain liquidity, built to unify Web2 and Web3 at internet scale. 🔗x.com/pharos_network/status/2041850490078818490 Top 7 Ecosystem:Alpha| X | Aggregator

3 Upcoming Crypto Launches 1️⃣Fluent $BLEND Public Sale • Sale Dates: April 7–13 • Platform: Sonar • Target Raise: $1M • FDV: $100M • TGE Unlock: 100% 2️⃣OneFootball $OFC Initial Listing • Listing Date: April 9 | Time TBA • Exchanges: Gate, Aerodrome • Sale FDV: $50M 3️⃣USDai $CHIP Initial Listing • Listing Date: Expected in April • Pre-Market Price: $0.0262 • Pre-Market FDV: $262M • Sale FDV: $300M Top 7 Ecosystem:Alpha| X | Aggregator

Tokenless Perp DEXs Compared: Where to Farm Before TGE • Variational runs an RFQ model on Arbitrum - no orderbook, no pool. The OLP quotes you directly, sourcing liquidity from CEXs, DEXs, and OTC. Zero fees, plus a loss rebate that refunds 2–4% of your losses. 50% of $VAR supply goes to community. • Extended is built by ex-Revolut team on Starknet. 50+ markets including TradFi pairs (gold, oil, S&P 500, EUR/USD), 100x leverage. Hybrid CLOB - off-chain matching under 10ms, on-chain settlement. • Grvt is a hybrid exchange on ZKsync Validium. Collateral earns up to 11% APY via Aave while used as margin. Community allocation bumped from 22% to 28%. TGE expected after Season 2 ends June 30. • Nado is Kraken's native perp DEX on Ink. Unified cross-margin for spot, perps, and lending - 5–15ms latency. One of only two protocols confirmed for the $INK airdrop (alongside Tydro). No separate raise, no VC — pure Kraken ecosystem play. Get 12% Points boost with our limited Variational link🔗omni.variational.io/?ref=OMNITOP7ICO Get 10% discount on fees with our Extended link🔗app.extended.exchange/join/TOP7 Use our Grvt referral code to boost deposit yield from 5% to 11%🔗grvt.io/?ref=top7ico Invite-only access to Nado 🔗app.nado.xyz?join=2UwKgxs Top 7 Ecosystem:Alpha| X | Aggregator

Fox News Integrates Kalshi - Prediction Markets Go Mainstream Kalshi partners with Fox Corporation, the largest news network in America. Real-time prediction market data will now appear across Fox News, Fox Business, Fox Weather, and the FOX One streaming platform. Nearly 200M monthly viewers get direct access to crowd-sourced probability data on politics, economics, weather, and culture. Fox is the third major network. CNN integrated Kalshi in December 2025, and CNBC followed shortly after. Meanwhile, Polymarket has deals with Dow Jones (WSJ, Barron's, MarketWatch). Google and Yahoo Finance also now show prediction market odds. 🔗x.com/Kalshi/status/2041503849991516661 Top 7 Ecosystem:Alpha| X | Aggregator

On Radar: Ink — Kraken's L2 Is One of the Fastest-Growing Chains in 2026 Ink is Kraken's Ethereum L2 built on the Optimism Superchain. From $7M to $460M TVL in 4 months. 75M+ total transactions, 70K daily active addresses, $243M in daily perps volume through Nado. Three active points programs running: Nado,Tydro, and xStocks. All expected to convert to$INK at TGE, projected Q2–Q3 2026. Fixed supply of 1B tokens. Three points programs running at once all before TGE. That's a lot of incentive layers stacking on one chain. Invite-only access to Nado 🔗app.nado.xyz?join=2UwKgxs Get permanent 20% points boost on xStocks with our link🔗defi.xstocks.fi/points?ref=TOP7ICO Top 7 Ecosystem:Alpha| X | Aggregator

Top 10 Ecosystems by Capital Raised in Q1 2026 • Polygon — $612M • Plume — $288M • Ethereum — $165M • Solana — $164M • Base — $64.6M • BNB Chain — $33.0M • Sonic — $25.5M • Bitcoin — $25.2M • Hyperliquid — $21.2M • Cross-Chain — $20.5M Polygon leads with $612M across 2 rounds, with Polymarket as the top deal. Polymarket is reportedly in discussions for a new round at $20B valuation - the prediction market is now Polygon's most valuable application, holding $428M TVL and driving the network's activity surge. Plume at #2 with $288M across 4 rounds, driven by BlackOpal's $200M facility for tokenizing Brazilian credit card receivables on Plume's RWA chain. The gap between Polygon and Plume tells the story of Q1: prediction markets and RWA infrastructure are where the serious capital is going. Data source🔗cryptorank.io Top 7 Ecosystem:Alpha| X | Aggregator

Top 10 Perpetual DEXs by Revenue (Last 30D) • Hyperliquid — $53.6M • edgeX — $15.1M • TradeXYZ — $3.6M • Jupiter — $2.6M • Lighter — $2.6M • Ostium — $1.9M • Nado — $1.3M • GMX — $948K • Drift — $450K • dYdX — $288K Hyperliquid leads by a wide margin — $53.6M in 30D revenue, 65.1% of the top-10 total, ~$1.78M/day. Combined with edgeX ($15.1M), the top 2 account for 83.5% of all revenue. The remaining 8 protocols share just 16.5%. TradeXYZ locks in at #3 — at 4.37% share with $3.6M. Ranks 8–10 collectively generated $1.69M over 30 days - 2.05% of the total.Jupiter, Lighter, and Ostium are clustered tightly at #3–5, all within a $1.85M–$2.63M range. Perp DEX revenue is consolidating fast - and unless something structurally changes, the gap between Hyperliquid and the rest will only get harder to close. Data sources🔗defillama.com Top 7 Ecosystem:Alpha| X | Aggregator

Polymarket announces biggest upgrade: CTF + CLOB v2 Polymarket is rebuilding its entire exchange stack in the next 2–3 weeks. New contracts, new order book, new collateral token. CTF Exchange V2 overhauls the matching engine - simplified orders, optimised matching, 1271 signatures, builder codes, and better fee collection. Key change: Polymarket is migrating from USDC.e to a new Collateral Token - Polymarket USD, backed 1:1 by USDC. For most users, the frontend handles wrapping automatically with a one-time approval. Comes right after the March fee overhaul that pushed 30D revenue to $9.5M. The v2 upgrade is the infrastructure to match that growth. 🔗x.com/PolymarketDevs/status/2041178623948808693 Top 7 Ecosystem:Alpha| X | Aggregator

Fluent [BLEND] Public Token Sale on Sonar $BLEND sale registration is now live on Sonar, Coinbase’s onchain token sale platform, while sale will start on April 7, at 14:00 UTC. Token sale details • Token supply for sale: 10M $BLEND • Sale hardcap: $1M • Sale FDV: $100M • Min commitment: $100 • Max commitment: $250K • Vesting: 100% unlock at TGE ℹ️ Fluent is the first blended execution network - a blockchain that runs EVM, WASM, and SVM smart contracts natively in a single shared execution environment. Developers can write in Solidity, Rust, or any SVM-compatible language, and their applications compose with each other without bridges or adapters. 🔗x.com/fluentxyz/status/2041140826227810371 Top 7 Ecosystem:Alpha| X | Aggregator

Only 6 Out of 41 Token Sales Since 2025 Are in Profit According to Messari data, if you bought every token sale on CoinList, Legion, MetaDAO, and BuidlPad since 2025, your portfolio would be down 46%. Out of 41 sales across all four platforms, only 6 tokens are trading above their initial sale price. The pattern is clear: high FDV launches with locked tokens and VC-heavy allocations are getting destroyed. The few winners are low-cap, community-driven sales with high float at TGE. MetaDAO's model of no private rounds and fair public sales is outperforming the rest by a wide margin. The era of "guaranteed 10x from any launchpad" is over. Token sale participation now requires the same due diligence as any other trade - or you're exit liquidity. 🔗x.com/AvgJoesCrypto/status/2040098458875371644 Top 7 Ecosystem:Alpha| X | Aggregator

Top 10 Perpetual DEXs by Volume (Last 30D) • Hyperliquid — $186B • edgeX — $73.1B • Aster — $68.5B • TradeXYZ — $54.7B • Lighter — $50.1B • Grvt — $39.7B • ApeX — $33.3B • Variational — $19.2B • StandX — $16.6B • Extended — $11.5B 8 of the top 10 perp DEXs are down in volume over the last 30 days. This isn't a one-off, it's a broad market-wide deceleration. Lighter and Aster are leading the drop at -33% and -28.5%, likely a sign of incentive-driven volume drying up. Two names bucked the trend: TradeXYZ (+57.5%) is the only protocol showing real, meaningful growth, standing out in a sea of red. Grvt is the only other green at +2.8%. Meanwhile, Hyperliquid holds ~35% of top-10 volume despite the dip, and its $7.69B OI is 3.6× larger than #2 TradeXYZ's $2.1B. The gap at the top isn't closing, it's widening. Data sources🔗defillama.com Top 7 Ecosystem:Alpha | X | Aggregator