News

On April 21, on-chain analyst Yu Jin (@EmberCN) reported that due to Aave suspending WETH withdrawals, the deposit receipt aEthWETH experienced a discount. Whale address 0x8ad withdrew 13,000 ETH (approximately $30,000,000) from the exchange, bought 13,143 aEthWETH through a swap, and then repaid its ETH loan on Aave at a 1:1 ratio, netting a profit of 143 ETH (approximately $330,000).

ChainCatcher live report: Adeniyi Abiodun, co-founder and Chief Product Officer of Mysten Labs, delivered a keynote speech at the 2026 Hong Kong Web3 Carnival. He stated that the core team members come from Facebook and were responsible for launching the global payment network Libra, with the goal of making fund transfers as simple as sending a message. He announced that Sui will become the first high-speed public chain to achieve zero fees for network-wide transfers, covering all stablecoins such as USDC, USDT, and Sui Dollar, with no fees required for transactions ranging from $0.0005 to $1 billion. On privacy, Sui will provide bank-grade on-chain privacy, using advanced cryptography to ensure that transaction histories and balances cannot be viewed by third parties, while remaining fully compliant with regulatory requirements. Regarding yield, he introduced the Sui Dollar jointly launched with Stripe, whose approximate 3.5% yield will be returned directly to the network ecosystem and users, rather than flowing to intermediaries. He also released the institutional-oriented Bitcoin DeFi protocol Hashi, allowing sovereign wealth funds, hedge funds, and ETF holders to deploy Bitcoin to DeFi for yield without triggering taxable events, with legal opinion support from top U.S. law firm Fenwick & West. In addition, Sui’s on-chain deep order book DeepBook supports large-volume transactions, enabling extremely low-slippage instant on-chain exchanges between assets such as BTC, gold, USD, and EUR. In the AI agent economy, he pointed out that Stripe estimates future processing capacity needs will reach 1 billion transactions per second, and Sui adopts the same horizontal scaling architecture as Google Search and Facebook infrastructure, allowing scaling to millions or even tens of millions of TPS as needed. Sui’s full-stack atomic composability is its core differentiating advantage, allowing agents to execute multiple cross-application transactions simultaneously and settle them in one go—something that cannot be achieved on AWS, Google, or any existing Web3 platform. He also announced a partnership with RedotPay, allowing users to spend Sui dollars at over 130 million merchants worldwide, positioning Sui as an alternative to SWIFT.

ChainCatcher news: According to token unlock data from the Web3 asset data platform RootData, Plasma (XPL) will unlock approximately 88.89 million tokens at 12:00 on April 28 (UTC+8), valued at around 9.31 million US dollars.