Weekly Preview | The Fed will hold a payment innovation conference covering topics such as stablecoins; Meteora and HyperSwap are both expected to conduct TGE.

PANews
MET-0,7%

News Preview:

  • The perpetual contract DEX protocol Ethereal is scheduled to launch its mainnet on October 20.
  • LayerZero (ZRO) will unlock approximately 25.71 million tokens at 7 PM Beijing time on October 20, accounting for 7.86% of the current circulating supply, valued at approximately 44.2 million USD.
  • The Federal Reserve will hold a Payment Innovation Conference on October 21, covering topics such as new use cases and business models for stablecoins, and the tokenization of financial products and services.
  • The Hyperliquid ecosystem DEX project HyperSwap is expected to conduct its TGE on October 20; the Solana ecosystem liquidity protocol Meteora will conduct its TGE on October 23.
  • The 4th ETHShanghai 2025 Main Summit will be held on October 22.
  • The 11th Wanxiang Blockchain Global Summit will be held on October 23.
  • The U.S. Bureau of Labor Statistics will release the September CPI report at 8:30 PM Beijing time on October 24.
  • Plasma (XPL) will unlock approximately 88.89 million tokens at 8 PM Beijing time on October 25, which is 4.97% of the current circulating supply, valued at approximately $36.9 million.

October 20

Policy Regulation:

The U.S. CFTC launches a new round of regulatory measures for crypto assets, with the public comment period ending on October 20th

Caroline D. Pham, acting chair of the U.S. Commodity Futures Trading Commission (CFTC), announced that the CFTC will launch the next phase of its regulatory “sprint” on crypto assets, implementing recommendations from the President's Working Group on Financial Markets report on digital assets. The CFTC will collaborate with the SEC's Project Crypto to advance federal-level spot trading of digital assets. The public can submit comments through the CFTC's official website by October 20, and relevant recommendations will be published.

Exchange:

Binance will support the ZKsync Era (ZK) network upgrade and hard fork on October 20

Binance is expected to suspend token deposits and withdrawals for the ZKsync Era (ZK) network on October 20, 2025, at 15:30 (UTC+8) to support its network upgrade and hard fork. The project team anticipates that the network upgrade and hard fork will take place on October 20, 2025, at 16:30 (UTC+8).

Binance Alpha will launch SavannaSurvival(SVSA) on October 20

Binance Alpha will launch SavannaSurvival (SVSA) on October 20. Eligible users can claim airdrops using Binance Alpha points on the Alpha event page after trading opens. More details will be announced soon.

Binance will stop supporting the deposit of Ocean Protocol (OCEAN) tokens on ERC20 on October 20

Binance will stop supporting the deposit of Ocean Protocol (OCEAN) tokens on the Ethereum network (ERC20) on October 20, 2025, at 11:00 (UTC+8). After this time, Ocean Protocol (OCEAN) tokens deposited via the Ethereum network (ERC20) will not be credited to users' accounts, which may result in asset losses.

Project Updates:

The perpetual contract DEX protocol Ethereal is set to launch its mainnet on October 20

The spot and perpetual contract trading platform Ethereal, built on USDe, announced on platform X that the Ethereal Mainnet Alpha will be launched on October 20.

HyperSwap has launched an airdrop query tool, suggesting TGE on October 20

The Hyperliquid ecosystem DEX project HyperSwap has launched an airdrop query tool, but the claim has not yet been opened. Previously, HyperSwap hinted that the TGE would be on October 20.

Token Unlock:

LayerZero (ZRO) will unlock approximately 25.71 million tokens at 7 PM Beijing time on October 20, which is 7.86% of the current circulating supply, valued at about 44.2 million USD.

KAITO will unlock approximately 8.35 million tokens at 8 PM Beijing time on October 20, which represents 3.06% of the current circulating supply, valued at approximately 8.7 million USD.

October 21

Policy Regulation:

The Federal Reserve will hold a Payment Innovation Conference on October 21

The Federal Reserve announced that it will hold a Payment Innovation Conference on October 21, focusing on innovations and improvements in payment systems. The conference will cover topics such as the integration of traditional finance with decentralized finance, new use cases and business models for stablecoins, the intersection of artificial intelligence and payments, and the tokenization of financial products and services. The conference will be live-streamed on the official website, with Federal Reserve Governor Waller delivering the opening remarks at 9 PM Beijing time during the Federal Reserve Board's Payment Innovation Meeting.

Exchange:

Binance Futures will delist SLERFUSDT U-based and CHZUSD coin-based perpetual contracts on October 21

According to the official announcement, Binance will delist the SLERFUSDT U-based and CHZUSD coin-based perpetual contracts, with automatic liquidation times set for October 21, 2025, at 17:00 and 18:00 (UTC+8) respectively. After the automatic liquidation ends, Binance will delist the aforementioned perpetual contract trading pairs. In addition, Binance will update the leverage and margin tiers for the SLERFUSDT U-based perpetual contract on October 20 at 14:30 (UTC+8). This update is expected to be completed in about an hour.

Binance Alpha will launch SigmaDotMoney on October 21 (SIGMA)

Binance Alpha will launch SigmaDotMoney (SIGMA) on October 21. Eligible users can claim airdrops using Binance Alpha points on the Alpha event page after trading opens. More details will be announced soon.

Coinbase will suspend OMNI perpetual contract trading on October 21 and conduct final settlement

According to a notice from Coinbase Markets, the platform will suspend perpetual contract trading for Omni Network (OMNI) on October 21, 2025, at 18:30 (Beijing Time). The final settlement price will be the average index price for the 60 minutes prior to the suspension, and the last funding rate period will be set to 0. All open contracts will be automatically settled, and Coinbase reserves the right to adjust the settlement price.

October 22

Exchange:

Coinbase Derivatives will launch SUI futures on October 22

Coinbase Derivatives will launch SUI futures contracts on October 22. The contracts will be provided by Coinbase Derivatives and will be listed on Coinbase through approved FCM partners for retail and institutional traders.

Meeting Activities:

ETHShanghai 2025 will kick off on October 22

The 4th ETHShanghai conference will be held in Shanghai from October 18 to 22, 2025, with the event divided into two main sections: the hackathon and the main summit. The hackathon will take place from October 18 to 21, focusing on three main tracks: AI × ETH, DeFi x Infra, and public goods × open source development, with a total prize pool of $15,000. This event will select 200 developers from over 500 applicants, and 30–40 projects will be incubated on-site in Shanghai. Award-winning projects will receive funding, incubation recommendations, and ecosystem matchmaking opportunities, while the champion team will also have the chance to present their results on the main stage of the Wanxiang Summit to top investment institutions.

The main summit will be held on October 22, during which over 40 industry leaders, including Ethereum co-founder Vitalik Buterin, Vice Chairman of Wanxiang Holdings and Chairman of Wanxiang Blockchain Xiao Feng, newly appointed co-executive directors of the Ethereum Foundation Hsiao-Wei Wang and Tomasz Stańczak, and ETHPanda co-founder Bruce Xu, will take the stage to discuss core topics such as Ethereum scalability, modular ecosystems, developer growth, and long-term security.

Token Unlock:

MBG (MBG) will unlock approximately 15.84 million tokens at 8 PM Beijing time on October 22, accounting for 11.97% of the current circulating supply, valued at approximately 17.1 million USD.

Scroll (SCR) will unlock approximately 82.5 million tokens at 8:00 AM Beijing time on October 22, accounting for 43.42% of the current circulation, valued at approximately $14.4 million.

October 23

Project Updates:

Falcon Finance will launch the NFT series Perryverse, with public minting starting from October 23 to 24

DWF Labs' Falcon Finance has announced the launch of a staking NFT, where staking 1000 FF tokens gives a chance to enter the whitelist for Falcon's first NFT series “Perryverse”. Whitelist winners will be randomly selected from eligible stakers. The total issuance of this NFT is 3500 NFTs, with a whitelist minting price of 1000 FF, a public minting price of 2000 FF, and a special minting price (for eligible stakers or whitelist users who missed the minting opportunity) of 1,900 FF. A snapshot of staked FF tokens will be taken on October 20 to determine whitelist eligibility, the whitelist eligibility will be announced on October 21, whitelist minting will start on October 22, and public minting will open from October 23 to 24.

Meteora: TGE on October 23, Token Name is MET

The Solana ecosystem liquidity protocol Meteora announced that it will conduct its Token Generation Event (TGE) on October 23, with the token name MET.

Proposal Voting:

**Lido community initiates two snapshot proposals: involving cross-chain cooperation and standard node operation protocol updates, voting ends on October 23

The Lido community has initiated two new snapshot proposals. The first is to authorize the Lido Ecosystem Foundation to lead cross-chain related partnerships; the second is to update the Standard Node Operator Agreement (SNOP) policy, proposing to upgrade the Lido updates on Ethereum validator export SNOP to v3, in order to integrate a withdrawal-triggering framework and align the SNOP with the recent updates (definition, scope, liability). The voting deadline for both proposals is October 23 at 00:00.

Conference Events:

The 11th Wanxiang Blockchain Global Summit will be held on October 23

PANews has organized a selection of nearby activities for everyone, covering different types such as Meetups and hackathons, and it is continuously updated.

Token Unlock:

SOON (SOON) will unlock approximately 15.21 million tokens at 4:30 PM Beijing time on October 23, accounting for 4.52% of the current circulation, valued at approximately 12.8 million USD.

October 24

Macroeconomics:

The U.S. Bureau of Labor Statistics will release the September CPI report on October 24

The U.S. Bureau of Labor Statistics will release the September CPI report on October 24 at 8:30 AM (Beijing time 8:30 PM).

Policy Regulation:

European Central Bank Executive Board Member: A progress report on the digital euro will be submitted on October 24

Piero Cipollone, a member of the Executive Board of the European Central Bank, stated that with the increased efforts to advance the digital euro project, it is expected that the digital euro will become a reality by 2029. Last week, Eurozone finance ministers reached an agreement on setting limits for customer holdings, which Cipollone considers a “significant breakthrough” and sees positive momentum. On Tuesday, he mentioned at a Bloomberg Financial Future event that discussions at the member state level are proceeding smoothly, and that mid-2029 may be a reasonable launch date. The biggest obstacle currently is the need for legislative support from the European Parliament. After a progress report is submitted on October 24, parliamentarians will have six weeks to propose amendments and then spend another five months discussing them. By early May, it may be possible to know the position of the parliament, and Cipollone also indicated that an overall guideline should be reached by the end of the year, which is an agreement among member states.

October 25

Exchange:

Coinbase will suspend services on October 25 due to a technical system upgrade, which is expected to take 4 hours

According to a notice from Coinbase Markets, Coinbase Exchange will suspend services around 7 AM Pacific Time on October 25, 2025 (10 PM Beijing Time on October 25, 2025) due to a planned technical system upgrade. At that time, all trading services on Coinbase.com (Basic and Advanced Trading), Coinbase Exchange, and Coinbase Prime will be suspended. All transfer services on Coinbase Exchange will be suspended, and any transfers that are in process will be delayed.

The maintenance downtime will be divided into two phases. The entire process is expected to take a maximum of 4 hours, although this estimated time may vary. Phase one: Technical system upgrade (expected to take a maximum of 2 hours). Phase two: Trading system restart (expected to take a maximum of 2 hours, with the specific duration possibly extending due to market conditions). Trading is expected to be paused for a short period before 7 AM Pacific Time, prior to the overall maintenance downtime of the exchange.

OKX: Technical solution upgrade for USDT trading on Solana chain will be completed on October 25

OKX responded to user feedback stating that it will complete the technical upgrade for USDT transactions on the Solana chain on October 25.

Token Unlock:

Plasma (XPL) will unlock approximately 88.89 million tokens at 8 PM Beijing time on October 25, which is 4.97% of the current circulating supply, valued at approximately 36.9 million USD.

Humanity (H) will unlock approximately 62.5 million tokens at 8:00 AM Beijing time on October 25, which is 3.01% of the current circulation, valued at approximately 7.3 million USD.

Venom (VENOM) will unlock approximately 59.26 million tokens at 4:00 PM Beijing time on October 25, which is 2.23% of the current circulating supply, valued at approximately 6.2 million USD.

October 26

Project Updates:

Huma Finance Q1 Airdrop Phase 2 will close the claim window on October 26

Huma Finance announced on platform X that its Q1 airdrop phase two is now live, and users can claim and stake HUMA tokens. The claim window will close at 1 PM UTC on October 26. Staking HUMA can earn a 10% annual yield.

Mira Foundation: MIRA Token Claiming Will End on October 26

The Mira Foundation announces that the MIRA token is now open for claims. Eligible community members must register and complete verification to receive the tokens. The eligibility for this airdrop is determined by a snapshot taken on September 22, 2025, at 08:00 Beijing time. The first airdrop participants include early ecosystem users, node delegators (Drop 1 and 2), Kaito Yappers, Kaito ecosystem stakers: qualifying KAITO token stakers from Season 1 will receive 0.20% of the token supply, recognized members of the Discord community, and OKX Quest participants. The registration deadline is October 2, 2025, at 19:00 (UTC), and the claim deadline is October 26, 2025, at 20:00 Beijing time.

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