Top 7 Crypto | Analytics & Alpha

Upcoming Perp DEXs FDV Projections at TGE - Polymarket Bets Here’s a data-driven snapshot of how the market is pricing upcoming Perp DEXs token launches based on Polymarket probabilities. Projects featured: EdgeX, Backpack, Variational, Paradex, Pacifica, StandX, and Reya. The real test starts post-launch: emissions go live, early liquidity dries up, narratives fade, and price discovery turns brutal. Polymarket doesn’t tell you who survives. It shows what the market believes right now. Get 12% Points boost with our limited Variational link🔗omni.variational.io/?ref=OMNITOP7ICO Get 5% referral bonus on StandX 🔗https://standx.com/referral?code=top7ico @TOP7ICO

CME Group will launch Crypto Futures and Options Trading on May 29 Cryptocurrency futures and options will trade continuously on CME Globex with at least a two-hour weekly maintenance period over the weekend. Cryptocurrency futures and options continue to reach record volumes at CME Group in 2026. Year-to-date highlights include: • Average daily volume (ADV) of 407,200 contracts, up 46% year-over-year, and average daily open interest of 335,400 contracts, up 7% year-over-year • Futures ADV of 403,900 contracts, up 47% year-over-year 🔗prnewswire.com/news-releases/cme-group-to-launch-247-cryptocurrency-futures-and-options-trading-on-may-29-302692346 @TOP7ICO

Variational is now one of the cheapest places to trade BTC Variational launched improvements to OLP's quoting model that slashed spreads on majors. Omni is now one of the cheapest places (CEX or DEX) to trade $BTC at any size. Users can verify this themselves by checking execution costs at LiquidView. •Open Interest: $703M (placing Variational in Top 5 Perp DEXs) • 30d Trading Volume: $31.1B • Total Value Locked: $105M Variational is a perpetual DEX offering 500+ futures pairs with zero trading fees, which uses a Request-for-Quote (RFQ) model instead of traditional orderbooks. It raised $11.8M from Bain Capital Crypto, Peak XV (formerly Sequoia India), Coinbase Ventures, Dragonfly Capital, Hack VC, Brevan Howard, and others. Get 12% Points boost with our limited Variational link🔗omni.variational.io/?ref=OMNITOP7ICO 🔗x.com/variational_io/status/2023834020937953296 @TOP7ICO

Top RWA Issuers by Capital Deployed RWA issuers bring real-world financial assets – such as treasury bills, private credit, real estate, and equities – onchain. The goal is to bridge traditional finance and blockchain infrastructure, unlocking new sources of liquidity and improving efficiency across global capital markets. Among the leaders by capital deployed BitGo stands out with $8.2B - though the platform recorded a 29.4% decline over the past 30 days. Second and third place go to Securitize and Ondo, both at $2.3B, with 30-day growth of 7.8% and 11.5% respectively, reflecting sustained demand for tokenized treasury instruments. The broader trend is clear: institutional capital is steadily migrating onto blockchain infrastructure, and the tokenized real-world asset market continues to expand even amid broader market volatility. 🔗tokenterminal.com/explorer/markets/rwa-issuers @TOP7ICO

Base Chain transitions from OP stack to its own unified software architecture Launched in 2023 as an Optimism chain, Base is shifting to its own tech stack to reduce dependence on external service providers and shorten the time to ship new upgrades. The transition is also expected to simplify the Base network’s sequencer, which helps network validators to order transactions. The rollout will take place in four phases, according to the project's roadmap, with node runners required to switch to the new Base client over the next several months for official upgrades. $OP token is down 23% from the past 24 hours following the announcement of this news. 🔗blog.base.dev/next-chapter-for-base-chain-1 @TOP7ICO

2026 Crypto Cards Landscape - Tier List This tier list maps the current crypto card ecosystem based on product stability, regulatory standing, rewards structure, usability, and community sentiment. Projects are ranked by overall reliability, adoption, cashback competitiveness, regional availability, and long-term sustainability of their model. S Tier - Leading crypto card providers with strong infrastructure, clear regulatory positioning, solid user trust, and competitive rewards. These products demonstrate stability and real-world usage at scale. A Tier - Established and reputable cards with solid functionality and decent incentives, though often limited by region, fees, or narrower product scope. B Tier - Functional but more niche or regionally constrained solutions. May offer interesting features, but with weaker adoption, reduced rewards, or operational limitations. Rankings consider both objective metrics (fees, cashback, compliance, longevity) and broader market perception across crypto communities. If you’re exploring options from the S tier: • Use our referral link to get up to 6% cashback for Tria card🔗app.tria.so/?accessCode=QFPX7L4386 • Get $20 in KAST points and 20% off on paid cards with our KAST link🔗 go.kast.xyz/VqVO/36DE1DNE ⚠️ Not financial advice. Always #DYOR @TOP7ICO

OpenAI partners with Paradigm to launch AI agent tool for smart contract security To test AI agents' capabilities, OpenAI and Paradigm have introduced EVMbench, a benchmark evaluating the ability of AI agents to detect, patch, and exploit high-severity smart contract vulnerabilities. The unveiling of EVMbench comes on the heels of DeFi lending protocol Moonwell suffering an exploit this month. The episode involved vulnerable code written with AI assistance. EVMbench will offer different "capability modes," including detecting vulnerabilities, modifying contracts, and eliminating exploitability, plus testing an AI agent's ability to "execute end-to-end fund-draining attacks against deployed contracts on a sandboxed blockchain environment. EVMbench reportedly draws on 120 curated vulnerabilities from 40 audits, including sponsored open-code audit competitions and the security auditing process for the Tempo, the Layer 1 blockchain co-developed by Paradigm and Stripe. 🔗openai.com/index/introducing-evmbench @TOP7ICO

Top Hyperliquid’s HIP-3 Perp DEXes with Potential Airdrop A breakdown of 4 perpetual protocols built on Hyperliquid's HIP-3 framework – all showing real traction ahead of potential token distributions. 🔹tradeXYZ The dominant HIP-3 player by a wide margin – 86.9% of all HIP-3 volume and 85.4% of open interest. • $57.24B in 30D volume, $669M OI – numbers that rival mid-tier CEXes • 24/7 perps on US equities, commodities, forex pairs, indices & major crypto assets • $5.51M in protocol revenue over 30 days signals genuine product-market fit 🔹Dreamcash Self-custodial mobile trading app built on Hyperliquid – backed by Tether. • Mobile-first UX: trade perps and RWA markets directly from your phone • Season 1 just went live – earn 1 XP per $1 traded on mobile • $200K USDT distributed weekly for 10 weeks to all CASH HIP-3 traders Get up to 1M points boost with our Dreamcash link 🔗dreamcash.xyz/share?code=TOP777 🔹HyENA USDe-margined perp DEX built by Based, which is backed by Ethena Foundation. • $43.59M OI, $1.8B in 30D volume — early stage but growing fast • Margin earns yield: up to 12% APY on USDe margin, ~5% base APR on all USDe balances • Multi-airdrop farming: trade to earn HyENA points, Ethena points, Based Gold + potential HL Season 3 allocation Sign up with our link to HyENA to support us 🔗app.hyena.trade/ref/TOP7ICO 🔹Ventuals HIP-3 DEX focused exclusively on frontier technology markets – trade assets you can't access anywhere else on-chain. • $245M all-time volume, $6.79M OI – steadily growing since November 2025 • Full market suite: Pre-IPO, stocks, commodities, FX and crypto • Pre-IPO perps on private giants: SpaceX, OpenAI, Anthropic • Thematic indices for macro positioning: MAG7, SEMIS, NUCLEAR, ROBOT, DEFENSE, BIOTECH and more Get 10% trading fee rebates with our link to Ventuals🔗app.ventuals.com/join/0P2ZFT @TOP7ICO

Kraken acquires token manager Magna Kraken declined to disclose the terms of the acquisition, which closed on Friday. It’s the exchange’s sixth deal over the past year, including its $1.5B purchase of the U.S. futures platform NinjaTrader in March. In November, Kraken filed confidentially for an IPO, and, in February, it released some of its 2025 financials, in much the same way public companies report their annual returns. Magna is a token distribution software that makes it easier for protocols, DAO and crypto funds to send and receive tokens. 🔗fortune.com/2026/02/18/kraken-acquires-magna-token-management-platform @TOP7ICO

Novig raises $75M in a Series B round led by Pantera Capital Novig has raised $75M in Series B round led by Pantera Capital with participation from Multicoin Capital, Makers Fund, Edge Equity, and existing investors Forerunner, NFX, and Perceptive Ventures. Novig is a commission-free sports prediction market platform that allows users to trade directly against each other rather than against a traditional sportsbook. This round brings Novig total capital raised to over $105M since launching in late 2024. 🔗novig.com/blog-posts/novig-raises-75m-series-b-to-build-the-future-of-sports-betting @TOP7ICO

Nado will raise NLP Vault cap for NFT holders on Feb 19 Nado announced NLP vault capacity increase from $4M to $6M today, on Feb 19, at 14:00 UTC. Access is limited to snapshot-eligible NFT holders (Templars of the Storm). The snapshot will be taken ~12h before deposits open. Each eligible user receives a deposit cap of $2K per wallet. After 48 hours, if capacity remains, deposits open to the public with $20K cap per wallet. Nado is a perpetual DEX built by Kraken’s core engineering team on Ink Network, bringing CEX-like performance to DeFi. Get limited access to Nado 🔗app.nado.xyz?join=2UwKgxs 🔗x.com/nadoHQ/status/2024107395509567776 @TOP7ICO

Hyperliquid launches DeFi-focused policy shop led by Jake Chervinsky Hyperliquid Policy Centre launched in Washington, D.C., to create a legal pathway for widespread DeFi adoption in the United States. The inaugural CEO of the new company is Jake Chervinsky, a longtime cryptocurrency lawyer who previously held top positions at the Blockchain Association trade group and the venture firm Variant, and worked as an associate at Baker McKenzie. One of the new center’s top priorities will be to develop a legal framework for perpetual derivatives. 🔗fortune.com/2026/02/18/hyperliquid-launches-defi-focused-policy-shop-led-by-prominent-crypto-lawyer-jake-chervinsky @TOP7ICO