Top 7 Crypto | Analytics & Alpha

Most Funded Tokenless Projectswith TGE expected in 2026 These are the biggest tokenless projects in crypto by funding raised - collectively over $2.7B from top-tier VCs, with real products, real users, and no tokens yet. When projects at this funding level finally launch, the market pays attention. • Polymarket - $2.27B raised One of the largest prediction markets in the world, currently eyeing a $20B valuation in a new fundraising round. Filed trademark for $POLY in February. • MegaETH - $107M raised Ethereum L2 backed by Dragonfly and Vitalik, built for real-time performance. Conducted a public token sale in October 2025 that raised $50M. $MEGA is currently trading on pre-market at ~$0.13 ($1.3B). • KAST - $90M raised Stablecoin neobank with 1M+ users and $5B in annualized volume. Just closed an $80M Series A - with TGE expected in Q2/Q3, KAST Points rewards are already live. • Nansen - $88.2M raised On-chain analytics platform, with an active NXP Points program - earn points by staking, subscribing, and referrals. No official token announced yet, but points already unlock partner airdrops and perks. •Chaos Labs - $79M raised Risk management infrastructure embedded in Aave, GMX, Jupiter and 20+ DeFi protocols. Has an early access rewards program - worth signing up. •Gensyn - $66.7M raised L1 rewarding GPU compute for ML tasks. Conducted a public $AI token sale on Sonar in December 2025 - the sale is now closed. •Agora - $62M raised Stablecoin issuer backed by Dragonfly building an asset-pegged alternative to volatility. Top 7 Ecosystem:Alpha | X | Telegram

On Radar: KAST – Stablecoin Neobank with $600M valuation KAST is a stablecoin-powered neobank, which offers up to 10% APY on stablecoins, up to 8% flat cashback, a Visa card accepted at 150M+ merchants across 170+ countries, and a US bank account with no residency required - all secured by Fireblocks infrastructure. • 1M+ users • $5B annualized transaction volume • Revenue doubled since September 2025 • $100M ARR target for 2026 Recently, KAST closed an $80M Series Aat a $600M valuation, co-led by QED Investors and Left Lane Capital - bringing total raised funds to $90M. Earn 200 KAST points and 20% off any paid card with our link🔗go.kast.xyz/VqVO/36DE1DNE Top 7 Ecosystem:Alpha | X | Telegram

Nado lists WTI Crude Oil perps with 4x Points Boost & raises NLP cap Nado listed WTI-PERP - crude oil perpetuals with up to 10x leverage. The listing comes with a 4x points multiplier, which makes it one of the most efficient pairs to farm on the platform right now. Delta-neutral strategy: • Go long WTI-PERP on Nado • Short the equivalent notional on TradeXYZ or another HIP-3 venue Moreover, Nado is raising the NLP vault cap from $7.4M to $9M today, on March 26 at 14:00 UTC. Access for the first 48 hours is whitelisted exclusively for Tornado and Storm tier traders from last week's points drop - Tornado wallets get up to $45K cap, Storm up to $35K. Nado is a Central Limit Order Book (CLOB) DEX on Ink L2 offering unified cross-margin trading for spot, margin, and perpetuals. Invite-only access to 🔗app.nado.xyz?join=2UwKgxs 🔗x.com/nadoHQ/status/2036457605103812762 Top 7 Ecosystem:Alpha | X | Telegram

Fraction AI Dashboard Fraction AIsimplifies AI agent creation by allowing users to design agents through natural language prompts without requiring coding expertise. Backers ($6M raised) The Spartan Group, Symbolic Capital, Mask Network, MH Ventures and others. Token launch $FRAC TGE was originally expected in Q3 2025 alongside the mainnet launch, but the team has pushed the listing - no new official date has been announced yet. Points Program • Fractals - earned by deploying AI agents into competitive sessions across different Spaces, with bonuses for consistent TOP 3 finishes and referrals (20% from direct, 10% from second-level). • FAPs - social points earned by creating content about Fraction AI on X. • Stable-Up - lets you deposit stablecoins into AI-managed vaults on Base, earning yield and Fractals simultaneously. All three tracks will factor into the final token distribution at TGE. Top 7 Ecosystem:Alpha | X | Telegram

Kraken Ecosystem Overview Kraken is one of the oldest and most reputable CEXs in crypto, founded in 2011. Last year, it closed an $800M round at a $20B valuation and is now building a full DeFi ecosystem. 🔹Ink – L2 blockchain • TVL: $479M • Weekly Active Addresses: 73.3K 🔹Nado – Perpetual DEX on Ink • Open Interest: $102M • Perp Volume 30d: $10.6B Invite-only access 🔗app.nado.xyz?join=2UwKgxs 🔹xStocks - Tokenized equities platform • TVL: $369M (+115% over 30 days) Get permanent 20% points boost with our link🔗defi.xstocks.fi/points?ref=TOP7ICO 🔹Tydro - Lending protocol on Ink • TVL: $400M 🔹Breakout - Prop trading platform • Rased $4.5M on private, and acquired by Kraken in Sep 2025 🔹Krak Card - Mastercard debit card with no fees • Сashback: up to 1% in EUR, GBP, or BTC • Yield on balance: up to 3.6% APY Airdrop Expectations Advisor of Ink and Nado said that Ink token will be released in 4–6 months, with significant airdrop for Nado users, while xStocks and Tydro have active points programs. Most activities across the ecosystem are tied to a Kraken account – sign up to explore them all 🔗invite.kraken.com/JDNW/3q3m5foa Top 7 Ecosystem:Alpha | X | Telegram

Binance launches AI Pro - Agentic Trading Assistant built on OpenClaw Binance launched the public beta of Binance AI Pro, a full agentic trading assistant built on the OpenClaw open-source ecosystem. The tool lets users configure their own strategies while AI handles execution and routine operations, integrating models including ChatGPT, Claude, Qwen, MiniMax, and Kimi. Key features include a dedicated virtual sub-account isolated from the main account with no withdrawal or transfer permissions, plus automated execution for spot and perpetual orders, leveraged borrowing, price analysis, on-chain wallet queries, and custom strategy execution. Beta pricing is $9.99/month with a 7-day free trial, compared to the planned standard rate of $29.99. Users receive 5M monthly AI credits, with rollout currently limited to Android and web - iOS support coming soon. 🔗binance.com/en/support/announcement/detail/9035e912721848699805c8b09b7ca9bd Top 7 Ecosystem:Alpha | X | Telegram

0G Labs started retraining of 107B parameter AI Model 0G Labs’ decentralized AI model DiLoCoX-107B was originally trained in July 2025 using technology developed in collaboration with China Mobile, the world's largest mobile network operator. 0G has started public retraining of DiLoCoX-107B with full transparency and a commitment to open-source release. DiLoCoX-107B is stated to be 48% larger than Bittensor's Covenant-72B recent achievement, and the largest decentralized AI model on record. The model runs on 0G's complete blockchain for AI agents - a production-ready stack encompassing an EVM-compatible L1 blockchain, decentralized compute, distributed storage, and a data availability layer that is 50,000x faster and 100x cheaper than Ethereum DA. 🔗x.com/0G_labs/status/2036531820490035582 Top 7 Ecosystem:Alpha | X | Telegram

Perle’s PRL token sale is live on Binance Wallet Perle has launched a $PRL token sale on Binance Wallet on March 25, at 8:00 UTC until 10:00 UTC. Token sale details • Eligibility: users with at least 242 Alpha Points • Sale price: $0.01 in $BNB • Sale hardcap: 10M PRL tokens ($100K) • Subscription cap per user: 3 BNB • FDV: $10M • Vesting: 100% on TGE ℹ️ Perle Labs (formerly Kiva AI) is building a sovereign intelligence layer for AI workflows that incorporates human experts in the data annotation process, aiming to support multimodal AI models across text, image, audio, and video. It raised $17.5M backed by HashKey Capital, Framework Ventures, CoinFund, Breed VC, etc. 🔗binance.com/en/events/pstge-perle Top 7 Ecosystem:Alpha | X | Telegram

Plume's Nest Vault Brings RWA Yield to EtherFi EtherFi integrated RWA yields powered by Plume's Nest vault infrastructure and Superstate's USCC fund - making real-world yield directly accessible on-chain to over $6B in customer deposits. The nBASIS vault gives EtherFi exposure to Superstate's USCC, a professionally managed strategy built around crypto basis trading, staking, and government securities. The yield that was previously locked behind institutional access is now underpinned by EtherFi. 🔗x.com/plumenetwork/status/2034632190563319878 Top 7 Ecosystem:Alpha | X | Telegram

On Radar: Grvt – 28% of Supply Going to Airdrop Grvt is an on-chain financial app and regulated self-custodial DEX, giving users complete control, by Matter Labs' Elastic Chain. It raised $33.3M from EigenCloud, Selini, Further, Matrix Partners, Delphi Ventures, SIG, Hack VC, ZKsync Foundation (last round at a $540M valuation) Airdrop Recently, Grvt announced the decision to increase community and airdrop allocation to 28% of $GRVT total supply, up from the previously planned 22%. TGE date TGE is expected shortly after the platform’s Season 2 campaign closes on June 30. Use our referral code to boost deposit yield from 5% to 11%🔗grvt.io/?ref=top7ico Top 7 Ecosystem:Alpha | X | Telegram

Total Value of Frozen Stablecoins crossed $2B Stablecoin issuers like Circle $USDC and Tether $USDT hold master keys to their smart contracts. A single function call can blacklist any address, permanently freezing all tokens held there. Since 2020, over $2.1B has been frozen across 5680 addresses on Ethereum and TRON, with a largest single freeze reaching $83.8M. Only the issuing company can execute a freeze. Circle manages USDC blacklisting, and Tether manages USDT blacklisting. These freezes are typically initiated in response to law enforcement requests, OFAC sanctions compliance, or internal risk assessments. There is no public appeals process. Check great stablecoin censorship dashboard 🔗stables.rip Top 7 Ecosystem:Alpha | X | Telegram

Hyperliquid’s HIP-3 Reached $5.94B in Daily Volume on March 23 Commodity perps remain the most volatile and most traded asset class on HIP-3 - and yesterday's macro news made that crystal clear. Trump announced the US is postponing strikes on Iranian energy infrastructure for five days while negotiations continue, sending oil prices tumbling and stocks soaring. HIP-3 leaders from the March 23 include: • TradeXYZ - $5.31B volume / $1.4B OI • Dreamcash - $463M volume / $61.6M OI • Felix - $63.7M volume / $12.8M OI • Markets.xyz (Kinetiq) - $49.8M volume / $11M OI • HyENA - $39.3M volume / $53M OI • Ventuals - $9.55M volume / $9.53M OI As long as the conflict and diplomatic uncertainty continue, commodity perps on Hyperliquid will remain the primary venue for on-chain macro positioning -because when traditional markets close, HIP-3 doesn't. On-chain commodity intelligence terminal🔗crudealpha.xyz Top 7 Ecosystem:Alpha | X | Telegram