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Next week's must-watch: CME launches around-the-clock Crypto futures and options trading; projects such as Phi, Leap Wallet, and others shut down (5.25-5.31)

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Odaily星球日报
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2 hours ago
AI summarizes in 5 seconds.

Key Forecasts for Next Week

May 25

Binance Alpha will launch Solstice (SLX) on May 25;

The on-chain identity project Phi plans to cease operations on May 25;

May 28

The Cosmos ecosystem's Leap Wallet announces closure, fully offline by May 28;

May 29

CME Group will launch round-the-clock cryptocurrency futures and options trading on May 29;

May 31

Cryptocurrency media DL News will suspend operations at the end of this month;

Others (specific time undecided)

Polymarket will launch a "fee rebate program for market takers" next week, with up to 50% fee rebates;

Federal Reserve Updates

  • On May 28 (Thursday) at 20:55, FOMC permanent voter and New York Fed President Williams will give a keynote speech at a conference organized by the Central Bank of Iceland;
  • On May 28 (Thursday) at 22:15, 2028 FOMC voter and St. Louis Fed President Bullard will speak;
  • On May 29 (Friday) at 18:50, 2028 FOMC voter and Kansas Fed President Esther George will speak;
  • On May 29 (Friday) at 21:10, Federal Reserve Governor Bowman will speak.

From May 25 to May 31, more notable events in the industry are detailed below.

May 25

Binance Alpha will launch Solstice (SLX) on May 25

Odaily Planet Daily reported that Binance Wallet announced on the X platform that Binance Alpha will launch Solstice (SLX) on May 25, and eligible users can use Alpha points to receive airdrops after trading opens. More details will be announced soon.

Curve Finance plans to perform database upgrades on May 25, affecting the frontend UI

Odaily Planet Daily reported that Curve Finance announced it will perform database upgrade maintenance at 9:00 AM CEST on May 25, and maintenance is expected to last approximately 20 minutes to 1 hour. During maintenance, the Curve frontend interface will be temporarily inaccessible, but the underlying smart contracts will continue to operate normally, without affecting the core functionalities of the protocol.

The Beacon: Season One events will go live on May 25, with rewards exceeding 7.7 million BCN

Odaily Planet Daily reported that The Beacon announced on the X platform that Season One "Goblin's Gambit" will launch at 16:00 UTC on May 25, with total rewards exceeding 7.7 million BCN tokens, and users can earn BCN token rewards by participating in the game.

The on-chain identity project Phi plans to cease operations on May 25

Odaily Planet Daily reported that the on-chain identity project Phi announced on the X platform that it will cease operations on May 25, with PHI tokens still retained and traded on Aerodrome, but liquidity is expected to gradually decline. The Phi team advises users to claim rewards, unstake, and withdraw assets in advance.

May 26

Members of the Korea Digital Asset Association will delist RESOLV on May 26

Odaily Planet Daily reported that the Korea Digital Asset Association (DAXA), including Upbit, will delist the RESOLV trading pair on May 26.

May 27

Binance will delist ATA, FARM, MLN, PHB, SYS on May 27, 2026

Odaily Planet Daily reported that according to official announcements, Binance will cease trading and delist the following tokens at 03:00 UTC on May 27, 2026: Automata (ATA), HarvestFinance (FARM), Enzyme (MLN), Phoenix (PHB), and Syscoin (SYS). Relevant trading pairs will be removed, and all orders will be automatically canceled. Trading bot services will also terminate at the same time. Binance advises users to adjust or cancel their trading bots before the relevant deadline to avoid potential losses.

May 28

The Cosmos ecosystem's Leap Wallet announces closure, fully offline by May 28

Odaily Planet Daily reported that the Cosmos ecosystem non-custodial wallet Leap Wallet announced it will cease operations and plans to completely shut down its products and services by May 28.

This shutdown will include browser extensions, iOS and Android mobile applications, web applications, Swapfast trading functions, and Cosmos Hub validator services.

Leap was initially launched in 2021 with funding from Terraform Labs, later transitioning to a multi-chain wallet supporting over 100 blockchain networks after the collapse of the Terra ecosystem.

The team reminds users that if they have delegated ATOM to Leap's validator nodes, they should re-delegate to other nodes as soon as possible to avoid interruption in staking rewards and consider unbonding cycle impacts.

The project party stated that although the products are closing, they remain optimistic about the long-term development of the cryptocurrency industry and cross-chain ecosystem.

May 29

CME Group will launch round-the-clock cryptocurrency futures and options trading on May 29

Odaily Planet Daily reported that according to market news, CME Group will launch round-the-clock cryptocurrency futures and options trading on May 29.

May 30

X product manager: The Community feature on X platform will migrate to XChat groups, with a transition period ending by May 30, group chats expected to support up to 1000 people

Odaily Planet Daily reported that X product manager Nikita Bier announced on the X platform, "Today, we announced changes to two community products on X:

XChat now supports joinable links for group chats. Create public links and share directly to the timeline. Each chat supports 350 members (and growing), and group chat links are the fastest way to bring people together on X.

Due to decreased usage, we will discontinue the X community on May 6. To migrate your community members, please pin your group chat link so people can join in the coming 2 weeks. This is part of our broader effort to streamline the X experience. Please do not misunderstand: we are investing heavily in niche communities by launching custom timelines — with more features coming soon.”

He then added that based on user feedback, to provide adequate migration time, the transition period has been extended to May 30; the group chat limit will also be increased to 500 members tomorrow, and efforts will be made to reach 1000 members in the coming weeks. This should cover all communities on X except for a few.

May 31

Cryptocurrency media DL News will suspend operations at the end of this month

Odaily Planet Daily reported that cryptocurrency-themed media DL News announced it will suspend operations at the end of this month.

Others (specific time undecided)

Polymarket will launch a "fee rebate program for market takers" next week, with up to 50% fee rebates

Odaily Planet Daily reported that Polymarket's official representative Mustafa stated on X that they will launch a "fee rebate program for market takers" next week, where users taking market orders can receive up to a 50% fee rebate.

According to data disclosed by Mustafa, to trigger a fee rebate for market orders, users need to have a weighted trading volume exceeding $2000 within the past 30 days, and to trigger the highest tier (50%) fee rebate, the weighted trading volume must exceed $10 million in the past 30 days.

Bankr: Expected to restore all functions by next week, trading functions still paused

Odaily Planet Daily reported that Bankr stated on the X platform that the team is currently working with external partners like zeroShadow to continue investigations and repairs, and they expect to restore all functions by next week after completing additional security reviews and monitoring measures.

Bankr stated that in the short term, they may gradually restore token issuance and some "read-only" functions, allowing users to view account information such as balances. However, wallet trading functions including swaps and transfers will remain suspended during the review period.

Previously, Bankr disclosed that an attacker had gained access to 14 Bankr wallets, prompting the platform to suspend related functions and promising full compensation for users' losses.

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