Next week's highlights

This article previews noteworthy events in the industry from April 28 to May 4, covering topics such as new Bitcoin futures, the launch of the OKX payment wallet, and the

Hyperliquid plans to adjust the fee system after April 30 and introduce a staking tier system. After the adjustment, the default rate has increased, the contract Taker rate has increased from 0.035% to 0.045%, and the spot Taker rate has doubled from 0.035% to 0.07%.

According to a recent announcement by Hyperliquid, the exchange is planning to introduce changes to its fee structure and launch a staking tier system on or after April 30. The goal is to adjust the protocol revenue, which is used to fund liquidity and generate yield for HYPE stakers.

To adjust the transaction charges, Hyperliquid will be adopting an independent fee system for the spot and contract markets, while also increasing the weight of spot trading volume when calculating the Payer transaction fee. This move aims to improve the fairness of the fee calculation.

After the adjustment, the default rate will increase, and the contract Taker rate will rise from 0.35% to 0.45%. In addition, the spot Taker rate will be doubled from 0.35% to 0.7%.

Furthermore, Hyperliquid will be introducing a staking tier system. Users who stake HYPE tokens will be able to enjoy lower transaction fees, with a maximum discount of 40%. The higher the tier, the lower the transaction fee.

Finally, to align with the new fee structure, Hyperliquid will also be making corresponding changes to the Hyperliquid Economic Model. These changes include increasing the proportion of protocol revenue allocated to liquidity mining and introducing a new protocol revenue variable.

The new fee system and staking tier system are part of Hyperliquid’s broader strategy to adapt to the changing market conditions and provide a better trading experience for its users.

TOKEN 2049 Dubai 2025 will be held from April 30 to May 1

TOKEN 2049 Dubai 2025 will be held in Dubai, UAE from April 30 to May 1, 2025.

The creditors of Terraform Labs have until April 30 to register their claims.

Creditors of Terraform Labs have until April 30 to register their claims or they will be barred from receiving any funds.

The crypto firm, which is the parent company of bankrupt stablecoin firm Terra (LUNA), filed for bankruptcy reorganization in January. The application follows the collapse of Terra’s $40 billion ecosystem in 2022.

Creditors who are owed money by the company have been given the opportunity to make claims through a dedicated portal. The claims will then be reviewed by the court.

Those who are not able to register their claims by the deadline will be cut off from any potential recovery.

Crypto derivatives exchange eXch will shut down on May 1 after being used to launder some of the funds stolen from Bybit.

Crypto trading platform eXch will close its doors on May 1 after being used to launder a portion of the cryptocurrency stolen by the Lazarus Group from Bybit, according to a new report by CoinDesk.

According to a report by The Block on Wednesday, creditors of defunct crypto firm Hyperliquid will have to wait until April 30 for the company to adjust its fee system and introduce a staking tier system.

After the adjustment, the default rate will increase, and the contract Taker rate will rise from 0.35% to 0.45%. In addition, the spot Taker rate will be doubled from 0.35% to 0.7%.

Those who register for the staking tiers will be able to enjoy lower transaction fees, with a maximum discount of 40%. The higher the tier, the lower the transaction fee.

These changes are part of a broader effort by Hyperliquid to adapt to the changing market conditions and provide a better trading experience for its users. The company is also making corresponding changes to its Hyperliquid Economic Model, which will see an increase in the proportion of protocol revenue allocated to liquidity mining and the introduction of a new protocol revenue variable.

In other recent news, NFT trading platform X2Y2 will be shutting down on April 30, and PsyFi will also be shutting down its services on May 1. Users of both platforms are advised to withdraw their remaining funds before the platforms close.