Weekly Editor's Picks (0103-0109)

CN
1 day ago

"Weekly Editor's Picks" is a "functional" column of Odaily Planet Daily. Based on the extensive coverage of real-time information each week, the Planet Daily also publishes many high-quality in-depth analysis pieces, but they may be hidden among the information flow and trending news, passing you by.

Therefore, our editorial team will select some high-quality articles worth spending time reading and saving from the content published in the past seven days every Saturday, providing you with new insights from the perspectives of data analysis, industry judgment, and opinion output, as you navigate the crypto world.

Now, let's read together:

Special Feature

2025 Annual Archive: Selected Articles from the Odaily Editorial Team

The editorial team members have selected articles from 1,770 original pieces that raise key questions or record slices of the era, which remain relevant or insightful when revisited in the new year.

For a better experience, check out the annual key points recap: “4 Key Words, Playing the 2025 Crypto Four Seasons Song”.

Investment and Entrepreneurship

Matrixport Research: 2026 May Become a Year of High Volatility Pricing, Event Windows Determine Winners and Losers

2026 may become a critical turning point for the crypto market. With the Federal Reserve's leadership change, weakening employment margins, and election-year policy disruptions, the density of events on both macro and crypto fronts is significantly increasing, likely raising the market's volatility center. Monthly CPI and employment data, multiple updates to economic forecasts (SEP) during FOMC meetings, and potential government shutdown risk windows will continue to amplify cross-asset pricing volatility; at the same time, the final implementation phase of MiCA, major protocol upgrades, the Mt. Gox repayment deadline, and the historic turning point of "about 15 months until the next halving" may become key triggers for the market at different stages.

In the context of multiple intersecting variables, it is highly likely that 2026 will struggle to form a sustained unilateral market trend. Macro and crypto catalysts will alternately dominate market pricing, and the market is more likely to exhibit a "range convergence, event-driven" operational pattern. For investors, the core challenge lies not in directional judgment but in how to actively manage positions and risk exposure around key windows.

New Capital Reward Path Under New System: The Real Picture of Crypto Investment and Financing in 2025

Funds are actively reducing the number of transactions, instead concentrating bets on a few projects deemed to have certainty and expansion potential.

Review and Preparation of Leading Liquidity Funds: Pure Secondary Market Thinking, Better for Retail Investors to Follow

Fisher8 Capital concluded with an annual return rate of 16.7%.

Reviewing 2025: The connection between Trump and the crypto market is clear; investors chase local momentum, quickly harvesting profits, and continuously rolling liquidity into the next narrative; DAT expansion.

Looking ahead to 2026: Asymmetric returns will appear at the application layer; midterm elections will shape a high-volatility environment; selective enhancement will shape a K-shaped differentiation in the token economy.

Ten Thousand Words Interpreting the Crypto Salary Report: Huh? Do These People Earn So Much?

Most crypto companies are in growth mode rather than high-speed expansion.

Crypto recruitment has been global from the start, with almost no cases of hiring only within the U.S.

Europe has become the main international recruitment hub.

Salaries and token compensation have declined across almost all levels and regions.

Remote work remains dominant, and companies do not plan to change this status quo.

The entry barrier to the crypto industry is high, with entry-level positions accounting for less than 10%.

Engineering positions remain core. Product roles typically start at senior levels, while design roles place more emphasis on individual contributors rather than management.

U.S. salary levels have become the global pricing standard for engineering management.

I Struggled with Hyperliquid for 14 Days, Turning a Testnet Mistake into a $50 Million Valuation

The author moved forex trading pairs to the Hyperliquid ecosystem but mistakenly deployed them on the testnet. The news quickly reached trade.xyz. The company reacted swiftly, seizing the JPYUSD trading pair and announcing it would be the first to launch forex trading products on Hyperliquid.

After regretting the mistake, the author introduced Monero (XMR) to wagyu.xyz, addressing trading pain points. Within just two weeks of launch, the platform's withdrawal amount exceeded $10 million, bringing over $20 million in new trading volume to the Hyperliquid platform.

Now the author plans to build wagyu.xyz into one of the top developer platforms in the Hyperliquid ecosystem and launch a points incentive system to encourage users to provide liquidity and create trading volume for the platform.

IOSG Ventures: In a Game Without Winners, How Can the Altcoin Market Break Through?

The altcoin market is trapped in a low liquidity dilemma, becoming a four-way loss game (CEX, token holders, project parties, venture capital). IOSG Ventures examined why past repair mechanisms failed and proposed possible rebalancing ideas.

The biggest long-term threat is that altcoins become a "lemon market"—quality participants are kept out, and only those with no other options come in. Despite the challenges, the market is showing signs of adjustment.

After the digestion period, three things may drive recovery: better standards formed from painful trial and error, a profit adjustment mechanism acceptable to all parties, and selective token issuance—only issuing when real value is added.

From Helium to Jupiter: Why Have Token Buybacks Become "Ineffective Medicine"?

Helium founder Amir Haleem tweeted that he would stop buying back tokens, believing that buybacks do not significantly affect token prices. Jupiter's $70 million buyback failed to reverse the price decline. Solana co-founder Anatoly Yakovenko (Toly) clearly opposes traditional buybacks, stating that "long-term capital formation takes years, not quarters."

Prediction Markets

When War is Settled Before News: How Prediction Markets "Price" Maduro's Arrest Operation 6 Days in Advance

Insiders learned about the U.S. military operation six days in advance. Polymarket inherently has an advantage in anonymity: no KYC, account creation costs close to zero, ample liquidity, and crypto settlement ensuring privacy. Under these conditions, it is very difficult to penetrate addresses and confirm real identities afterward. Therefore, when participation costs are driven down to extremely low levels while potential returns are very high, this is no longer a moral issue but an incentive design issue.

Ideally, prediction markets reflect collective wisdom, but in reality, they are merely a playground for insiders.

This also means that prediction markets face not only compliance and technical issues but also whether they are inadvertently encroaching on sensitive boundaries of traditional information security and national governance.

Only 10% of Prediction Markets Will Survive Until Year-End, Not an Alarmist Statement

Recently, there has been much discussion in the industry about the formula for prediction markets Yes + No = 1, but it will not lower the barriers for ordinary people to participate in market-making like the AMM formula x * y = k. The difficulty of market-making in prediction markets is inherently higher because prediction is a wilder, more volatile, and less rule-bound market.

The market-making challenges in prediction markets raise higher demands on the capabilities of market makers and also pose liquidity-building challenges for platforms. The leader effect is stronger.

Who is "Defining Facts"? The Power Truth and Malicious Space in Polymarket's Adjudication Mechanism

The interpretive space of language description, the political stance that platforms cannot escape, and the economic interests behind voting rights.

Behind 27,000 Operations, the Survival Algorithm and Win Rate Illusion of Polymarket Whales

Although many "smart money" operations have executed hedging and arbitrage strategies, this hedging is significantly different from the simple hedging interpreted on social media; the actual strategies are much more complex.

Behind the historically significant high win rates are a large number of "zombie orders" that remain unclosed, which embellish the results; the real win rate is far lower than the historical win rate.

"Copy trading" does not work in prediction markets.

Managing the profit-loss ratio and position ratio is more important than pursuing win rates.

Also recommended: “Ten Almost Guaranteed Absurd Bets on Polymarket” and “Who is Betting Against Common Sense in Prediction Markets?”.

Policy

The Biggest Variable in the Crypto Market Ahead, Can the CLARITY Act Pass the Senate?

Airdrop Opportunities and Interaction Guide

2026 Potential Airdrop Project Collection and Tutorial (Part 1)

9 TGE Projects Worth Watching in Q1 2026 (with Participation Guide)

Ethereum

ETH Staking Data Reversal: Exits Zeroed Out vs. Inflows Surge by 1.3 Million, When to Buy the Dip?

Multi-Ecosystem

Solana 2025 Report Card: Annual Revenue of $1.5 Billion, Surpassing the Total of "Hyperliquid + Ethereum"

Solana's on-chain revenue exceeds $600 million, outperforming Ethereum and TRON to become the "strongest public chain."

Revealing the revenue composition of the Solana ecosystem: Four main components (base fees + priority fees + MEV-related income + others) support over $600 million.

A review of the crypto money-making machine business models: Public chains, Perp DEXs, and Launchpads remain the most profitable sectors, second only to stablecoins.

Also recommended: “Solana Users Beware: Your SOL is Being Quietly Harvested in These Ways” and “Odaily Interview with BNB Chain's Nina Rong: Where Will the Next Billion Users Come From?”.

CeFi & DeFi

DeFi Gold Mining Techniques: 6 Key Indicators to Help You Filter Out 90% of Air Projects

Lazy Finance Restart | Ethereal Earns 27% APR While Scoring; Huma Launches New 28% Annualized Pool (January 6)

Trend Research: 2026 Beyond Paradigms, WLFI Opens a New Era in Financial Ecology

Why the Non-Mainstream HIP-3 Market Doesn't Work

Web3 & AI

Wallet Track Competition: Is Connecting to Hyperliquid a Good Business?

The current moment for Perps is reminiscent of the DeFi Summer. Some want to build platforms, some want to aggregate others, some want to challenge the leaders, and some want to reap the tailwind. The wallet track is also undergoing a new round of covert competition, with everyone vying to connect to Hyperliquid's perpetual trading capabilities.

Hyperliquid's rebate mechanism mainly includes Builder Fees combined with Referrals, allowing DeFi builders (developers, quant teams, aggregators) to charge additional fees as service income when placing orders on behalf of users. Different integration solutions bring different experiences and can slightly explain some of the differences in the final rebate effect data.

Connecting to third-party Perps is mostly a low ROI trade; whether in terms of user growth revenue or platform commission earnings and stability investment, it is not a good business. Ultimately, only new users brought in from non-CEX sources are truly effective users.

AI Prediction Record: Want to Make Money in Prediction Markets with AI? But It Might Not Even Understand the Questions

In the prediction questions, 21 have been settled, with Grok having the highest win rate at 75%, humans at 66.7%, and Gemini at the lowest at 52.4%.

The core issues with AI are: Gemini occasionally misjudges the current time; AI lacks depth in thinking; AI infers based on common sense rather than evidence + logic; and there are errors in judgment of settlement conditions.

The AI Industry Welcomes a Well-Funded Tether

Tether made $13 billion in 2024. Those in AI are losing money, while those not in AI are making money. Those in AI are raising funds, while those not in AI are investing. The best AI business model in 2026 might just be to avoid doing AI. First, get the money printer working well.

Security

2025 Industry Violence Incident Review: 65 Personal Attacks, 4 Fatal Cases

Hidden Regulatory Red Lines in Code Words: Those Uncommon Things in the Crypto Circle Are All on Xianyu

Weekly Hotspot Recap

In the past week, Trump claimed the capture of Venezuelan President Maduro; Venezuela holds 161 tons of gold reserves, ranking first among Latin American countries; the White House: the U.S. has begun to “market” Venezuelan oil;

Additionally, in terms of policy and macro markets, Trump: does not consider pardoning SBF; Prince Group founder Chen Zhi was arrested and deported to China;

In terms of opinions and statements, The Block Research predicts: IPOs will outperform token issuance, and prediction markets will launch their own chains; Vitalik Buterin: Ethereum is cracking the blockchain trilemma with actual code; Delphi Digital: Solana's major upgrade Alpenglow is expected to launch in 2026, theoretically confirming that delays can be reduced by 100 times; Base co-founder: the community needs more Memecoins to promote collective action; Yi Lihua: Aster has stopped losses, looking forward to a new star exchange team from Binance; CZ: the Chinese version of the memoir may be titled “Binance Life”, but it has nothing to do with Meme coins; Binance Alpha launched the Chinese Meme “I’m Coming”, sparking heated discussions;

In terms of institutions, large companies, and leading projects, WLFI: unlocked part of the treasury funds, incentivizing USD1 governance proposal passed with 77.75% approval; Zcash development team CEO: Bootstrap has deviated from its mission, the development team was forced to collectively resign and will establish a new company to continue maintaining Zcash; Zcash's former development team CEO: will launch a new Zcash wallet, which is now open for pre-application; Zcash Foundation: Zcash is not controlled by any single entity and its codebase is open source; Polymarket: will charge a maximum of 3% transaction fee in the 15-minute crypto rise and fall market](https://www.odaily.news/zh-CN/newsflash/463206), launching a real estate prediction market;

In terms of data, new whales are accumulating BTC at a record speed; Ethereum developer activity has reached an all-time high, with 8.7 million smart contracts deployed in Q4 2025; Ethereum's stablecoin issuance market share exceeds 54%, far surpassing ecosystems like TRON, Solana, and BSC; in 2025, some crypto ETFs profited against the trend, with Cathie Wood's ARKF achieving an annual return rate of nearly 30%; the 2025 prediction market review: total trading volume exceeded $50 billion, with the two giants' market share exceeding 97.5%… Well, it was another eventful week.

Attached is the portal for the "Weekly Editor's Picks" series.

See you next time~

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