Blockchain Press Releases
aelf Announces Field of Dreams and Wizarre Stormfights as Inaugural Grant Recipients for aelevate Program

The first wave of aelevate’s grant recipients is spearheading blockchain integration in the genres of fantasy sports and RPG auto battlers.
SINGAPORE, Dec. 11, 2023 /PRNewswire/ — aelf, the high-performance layer 1 blockchain network, announced the first batch of grant recipients for the aelevate gaming program, with the Building Grant, the first grant tranche of the program, distributed to Field of Dreams and Wizarre Stormfights.
“The response to the aelevate program has been overwhelming, indicating a pressing need to bridge the gaps faced by gaming studios looking to enter the Web3 gaming space. At its core, aelevate is designed to empower gaming studios, enabling them to tap into blockchain’s potential and providing them with a new and supplementary revenue model,” said Linda Ang, Head of Strategy at aelf.
She adds, “Both established Web2 gaming studios and newcomers to the gaming industry can leverage the extensive support offered through aelevate. With Field of Dreams and Wizarre Stormfights joining aelf’s aelevate program, we anticipate contributing to their Web3 journey, supporting them as they deepen their impact in the blockchain gaming industry.”
Serving as the gateway for gaming studios to Web3, aelevate provides financial support and technological and business assistance to successful applicants. The first grant tranche, the Building Grant, is dedicated to assisting applicants in building on aelf’s sidechain and integrating diverse dApps on the blockchain, including aelf’s incubated account abstraction wallet and NFT platform for the efficient launch and management of in-game NFTs.
“Our mission at FOD is to supercharge fantasy sports via Web3. We are thrilled to be collaborating with AELF and be part of their inaugural aelevate program. We look forward to being a part of the ecosystem and working with all the partners in bringing a robust fantasy sports experience to fans globally,” shared Rich, Cofounder of Field of Dreams.
Chris Chodakowski, Founder of Wizarre Stormfights, said “We are proud and excited about our partnership with aelf; it marks a bold step towards the future of web3 gaming. By harnessing the potential of a modern chain, we’re addressing scalability issues and unlocking unparalleled efficiency. Choosing aelf over typical chains is not just a choice; it’s a commitment to a dynamic, cutting-edge ecosystem that will propel our games to new heights.”
The games’ comprehensive integration on the aelf blockchain aims to elevate the gaming experience. By building on aelf, the games can ensure enhanced security, foster new revenue models and player-driven economies, and amplify player engagement through the creation and management of unique and verifiable in-game assets.
The first wave of aelevate’s grant recipients includes:
Field of Dreams
Field of Dreams (FOD) is a free-to-play fantasy sports platform with the goal of enabling cross-league and cross-sport interaction and creating a community-driven experience while breaking down the barriers of traditional fantasy sports.
Through aelevate, aelf will support FOD to unlock new possibilities for players in the world of fantasy sports. FOD will introduce its blockchain-native basketball fantasy game fully built on aelf’s sidechain. Notably, the game’s essential power-ups, integral for supercharging team strategising, will be tradable as NFTs on aelf, alongside FOD’s Genesis power-ups collection. Portkey, aelf’s incubated account abstraction wallet, will be the main login service, supporting power-up NFTs and the future $FOD token on aelf.
Wizarre Stormfights
Wizarre Stormfights is set to redefine RPG auto battlers. With aelf’s support, the game will be developed on aelf’s sidechain, featuring dynamic NFTs for in-game characters and items, allowing players to showcase their upgrades. Portkey, aelf’s incubated account abstraction wallet, will serve as the primary login service, providing a seamless experience for players. Forest, aelf’s primary marketplace, will foster a thriving economy for Wizarre Stormfights, presenting a new revenue model for the team.
aelevate program will announce additional grant recipients soon and is committed to facilitating gaming studios’ seamless transition into the dynamic Web3 space and accelerating the development of blockchain games.
Stay updated on aelf’s news and engage with the aelf community on:
Website: https://aelf.com
Telegram: https://t.me/aelfblockchain
Discord: https://discord.gg/bgysa9xjvD
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About aelf
aelf, a high-performance Layer 1 featuring multi-sidechain technology for unlimited scalability. aelf blockchain is designed to power the development of Web3 and support its continuous advancement into the future. Founded in 2017 with its global hub based in Singapore, aelf is one of the pioneers of the mainchain-sidechain architecture concept. Incorporating key foundational components, including AEDPoS, aelf’s variation of a Delegated Proof-of-Stake (DPoS) consensus protocol; parallel processing; peer-to-peer (P2P) network communication; cross-chain bridges, and a dynamic side chain indexing mechanism, aelf delivers a highly efficient, safe, and modular ecosystem with high throughput, scalability, and interoperability.
aelf facilitates the building, integrating, and deploying of smart contracts and decentralised apps (dApps) on its blockchain with its native C# software development kit (SDK) and SDKs in other languages, including Java, JS, Python, and Go. aelf’s ecosystem also houses a range of dApps to support a flourishing blockchain network. aelf is committed to fostering innovation within its ecosystem and remains dedicated to driving the development of Web3 and the adoption of blockchain technology.
View original content:https://www.prnewswire.co.uk/news-releases/aelf-announces-field-of-dreams-and-wizarre-stormfights-as-inaugural-grant-recipients-for-aelevate-program-302011472.html
Blockchain Press Releases
MEXC Report: Memecoins Made Almost 50% of New Token Listings In February

VICTORIA, Seychelles, March 13, 2025 /PRNewswire/ — MEXC, the leading global cryptocurrency exchange, has released token listing and trading data for January and February, highlighting strong market demand for new tokens, particularly memecoins, despite overall market volatility and downturn.
Key Takeaways:
- Meme coins accounted for 50% of all new tokens listed in January and February.
- Seven out of the top 10 tokens by trading volume were launched in February, highlighting continuous demand for promising listings despite market volatility.
- The average peak increase for new tokens jumped from 388% in January to 660% in February, with TST surging by 4,792% and ELONSOL rising by 1,128%.
- Four of the five best-performing tokens — TST, ELONSOL, MELANIA, and CAR — were linked to public figures, driven by the power of social trends.
- TRUMP accounted for over 45% of the total trading volume for new tokens.
The report covers 451 new tokens listed on MEXC between January and February, with memecoins accounting for approximately 50% (245 tokens). This trend reflects the growing investor appetite for community-driven and viral digital assets.

The findings reflect the growing investor appetite for community-driven assets. Among the top 10 new tokens by trading volume, seven were launched in February, demonstrating sustained demand for high-profile listings despite a more subdued overall market trend in January.

February outperformed January in terms of average peak increases for new tokens, with the figure climbing from 388% to 660%. TST led the surge, reaching a staggering 4,792% increase, with ELONSOL following at 1,128%. The top 10 new tokens by trading volume recorded an average peak increase of 756%, underscoring the high level of trader interest and market activity.
Celebrity and politically themed memecoins demonstrated significant price surges, with four of the top five best-performing tokens — TST, ELONSOL, MELANIA, and CAR — linked to public figures. The top three memecoins (TST, ELONSOL, and MELANIA) recorded an average peak increase of 2,338%, compared to 640% for the top three non-meme tokens (BSX, J, and RIZ).

The TRUMP token was a dominant force in the market, accounting for over 45% of the total trading volume for new tokens. It attracted significant market liquidity and investor interest, strengthening its position as a top-performing asset.
MEXC’s latest data highlights the continued demand for trendy tokens and social trends, with meme coins driving trading activity. The dominance of meme coins in listings and their record-breaking price surges highlight MEXC’s position as a leading exchange for discovering and trading early digital assets. As the exchange remains committed to supporting innovations and trends, its deep liquidity and diverse listings offer traders unique opportunities in the fast-moving digital asset space.
For more details, please visit link.
About MEXC
Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto”. Serving over 34 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, frequent airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.
For more information, visit: MEXC Website|X|Telegram|How to Sign Up on MEXC
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Blockchain Press Releases
HTX Ventures: DeepSeek Triggers AI’s “iPhone Moment”, Accelerating AI Agents into Real Crypto Use

SINGAPORE, March 13, 2025 /PRNewswire/ — HTX Ventures recently released its latest research report, titled “DeepSeek Ignites AI’s ‘iPhone Moment’ as Agent Tokens Integrate into Real-World Crypto.” The report explores how DeepSeek’s use of pure reinforcement learning (RL) is transforming AI’s role in the crypto industry by boosting AI capabilities and cutting costs.
DeepSeek’s Emergence: AI-Powered Innovation Triggers Industry Transformation
In Q4 2024, the market saw a surge in top-tier AI Agents projects backed by Launchpads, driving a wave of asset issuance and quickly attracting capital and users. However, as the ICO rush began to subside, the hype in the AI Agents space had run its course. The market now urgently needed a catalyst to reignite growth.
DeepSeek’s breakthrough technology leverages pure reinforcement learning (RL) to enhance AI’s reasoning capabilities while significantly reducing costs. This advancement positions AI as a more effective partner for real-world applications, transforming the AI Agent sector. This progress could breathe new life into the Agent field and reshape the industry landscape.
The research report heralds DeepSeek’s debut as the “iPhone Moment” of the AI sector. Much like how the iPhone revolutionized the smartphone market, DeepSeek’s innovative technology is poised to lead a new era of crypto-tech development over the next few years.
The Unique Value and Accelerating Growth of AI Agents
The AI Agents ecosystem consists of four main sectors:
- AI Agent Frameworks: These serve as the core infrastructure for the AI Agents ecosystem, lowering development barriers and accelerating AI’s application. The Eliza project stands out with its technical innovations and sustainable business model.
- AI launchpads serve as hybrid incubators and trading platforms in the crypto space, lowering entry barriers for AI Agent projects and accelerating their launch, funding, and promotion.
- AI Agent meme coins, which blend AI and meme narratives, have strong potential to go viral, making them effective tools for rapid capital accumulation. Examples include BULLY from the Virtual ecosystem and TAOCAT and LLM from the Bittensor ecosystem.
- AI Agent applications focus on the implementation and commercialization of the technology in real-world scenarios, covering areas such as automated trading, asset management, market analysis, and cross-chain interaction. Representative projects are GRIFFAIN, NEUR, and BUZZ. AI Agent applications are expected to become the most promising segment in the sector.
The report emphasizes that deep expertise and resilience are vital for the success of AI Agent teams. Teams like Virtual, SEKOIA, ai16z, and Swarm have proven this through their perseverance and dedication. Additionally, product usability is a critical factor in driving user adoption and widespread acceptance in the crypto market.
2025: The Maturation of Crypto Combining with Agents, Where Revenue and User Adoption Drive Value
As the AI Agents market matures, it’s transitioning from a narrative-driven phase to one where value is based on data and revenue. The success of AI Agent projects will no longer be dictated by hype or the founding team’s pedigree but by their ability to achieve sustainable profitability and address real user needs through innovation.
Directions that deserve future attention:
- Multi-Agent Systems and DeFAI (Decentralized Finance + AI): These sectors showcase AI’s tremendous potential for complex decision-making and financial automation, signaling long-term growth.
- Core Framework Updates: It’s essential to monitor the ongoing evolution of critical frameworks like Eliza and ARC, as their upgrades could create entirely new applications and business models.
- New Infrastructure Projects: AI models, data layers, and computing infrastructure tailored for the crypto ecosystem will be foundational to supporting the next-gen AI Agent ecosystem.
As a leading investment institution, HTX Ventures has consistently aligned its strategy with market trends. From backing DeepSeek to supporting AI Agents tokens, HTX Ventures sees tremendous potential in the synergy between AI and blockchain technologies, investing and positioning itself for the next wave of innovation. As AI and crypto technology converge, more opportunities and challenges knock. HTX Ventures is committed to driving further technical advancements, helping shape the future of the industry.
Read the full report here:https://square.htx.com/wp-content/uploads/2025/03/deepseek-triggers-ais-iphone-moment-accelerating-ai-agents-into-real-crypto-use.pdf
About HTX Ventures
HTX Ventures is the global investment arm of HTX, integrating investment, incubation, and research to identify and discover the best and most innovative projects in the market. Visit us here.
Feel free to contact us for investment and collaboration at [email protected]
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Blockchain Press Releases
DeriW Testnet Launch Sets New Standards in Decentralized Derivatives Trading

HONG KONG, March 13, 2025 /PRNewswire/ — DeriW, the world’s first zero-gas-fee decentralized perpetual exchange operated by CoinW, has officially launched its public testnet, marking a pivotal step toward a new era of DeFi derivatives trading. This testnet isn’t a generic trial run – it’s a full-featured preview of DeriW’s high-performance, user-centric platform, designed to demonstrate concrete improvements in usability, speed, and security. Early users and developers can now experience lightning-fast trades, up to 100x leverage, and robust security measures in a realistic environment as DeriW prepares to challenge industry incumbents.
A Closer Look at the Testnet: Usability, Performance & Security
DeriW’s testnet is engineered to feel like a production-ready exchange. Usability is key: traders can quickly connect their self-custody wallets and begin trading cryptocurrencies like Bitcoin and Ethereum with up to 100x leverage and a low 0.02% transaction fee. The platform offers multiple order types (market, limit, take-profit, stop-loss) and a diverse selection of tokens, from major assets to emerging projects. With its zero gas fee model, DeriW eliminates blockchain transaction costs, enabling rapid order placement and frictionless trading—comparable to centralized exchanges.
On the performance front, the DeriW testnet showcases the platform’s cutting-edge infrastructure. Built on the Arbitrum Orbit Layer 3 network (DeriW Chain), it leverages optimistic rollup technology and a custom WASM/Geth-based architecture. In practical terms, this translates to extremely high throughput and low latency. With a capacity of up to 80,000 transactions per second, testnet traders can execute orders smoothly with minimal latency, ensuring the platform stays responsive even during intense trading activity.
Security measures are woven deeply into the testnet’s design, reflecting DeriW’s priority on protecting users. By building on Arbitrum’s L3, DeriW inherits Ethereum’s battle-tested security properties and decentralization while adding its own enhancements. All trades and collateral remain on-chain under users’ self-custody, eliminating the custodial risks found in centralized exchanges. To further harden the platform, DeriW launched a comprehensive bug bounty program in tandem with the testnet. Security researchers and users are incentivized with bounties ranging from 100 to 100,000 $DER tokens for identifying vulnerabilities. Additionally, the testnet operates with a closed-fund liquidity mechanism and an automatic risk recalibration system that ensure stability even under extreme market conditions. These concrete measures give testnet participants confidence that the platform’s performance comes without compromising safety.
How DeriW Stacks Up
In an increasingly competitive DeFi derivatives arena, DeriW’s testnet is already demonstrating unique advantages over other leading platforms’ test networks:
- Gas Fees & Trading Costs: DeriW distinguishes itself with its zero gas fee model. Every trade on DeriW’s testnet is executed without on-chain transaction fees, which is a stark contrast to many competitors. DeriW’s approach of truly on-chain, gas-free trading gives it an edge in user experience – traders get the convenience of a CEX-like feel without sacrificing on-chain transparency.
- Performance Throughput: When it comes to raw speed, DeriW sets a high bar, delivering up to ~80,000 TPS—exceptional among decentralized exchanges. In comparison, some newer standalone-chain DEXs offer around 10,000 TPS—better than legacy Ethereum-based platforms but only an eighth of DeriW’s capability. This firmly places DeriW among elite, next-generation exchanges that support high-frequency trading at scale. Notably, DeriW achieves this impressive throughput while remaining fully EVM-compatible and secured by Ethereum, powered by the Arbitrum Orbit framework—a key differentiator validated by real user conditions on its testnet.
- Leverage and Trading Features: High leverage is a hallmark of derivative exchanges, and DeriW doesn’t disappoint. It offers up to 100x leverage on major trading pairs, which is higher than most decentralized competitors. By providing 100x, DeriW is catering to a segment of traders who seek higher risk-reward profiles, similar to offerings on some centralized futures exchanges. Importantly, DeriW couples this with advanced order types (stop-loss, take-profit, etc.) on the testnet, ensuring traders have tools to manage the risk that comes with high leverage. This combination of flexibility and control is critical – and DeriW is showing that even in a testnet environment, users can practice sophisticated trading strategies that rival those on established platforms.
- Liquidity Model & Price Execution: Perhaps the most innovative aspect differentiating DeriW is its Pendulum AMM liquidity pool. Unlike traditional order books or static AMMs with oracles, DeriW’s pool dynamically adjusts liquidity based on traders’ positions. This “pendulum” approach optimizes asset utilization in real-time, supporting volumes beyond initial capital, reducing slippage, and providing deeper liquidity. While orderbook-based DEXs rely on market makers—vulnerable to slippage during volatility—DeriW’s closed-fund model and automatic risk recalibration ensure solvency and stability, combining order-book depth with AMM efficiency.
- Security and Decentralization: All leading DeFi derivatives platforms prioritize security but use different approaches. Some rely on decentralized validators, others utilize their own consensus mechanisms with federated validators, and another inherits security from Arbitrum Layer 2. DeriW leverages Ethereum’s robust security via Arbitrum’s rollup, enhanced by its unique UBPK (Unstolen Browser Private Key) mechanism that ensures private keys remain securely stored within user browsers.
Benchmarks and Performance Metrics in Context
Thanks to Arbitrum Orbit’s efficient consensus and block production, DeriW’s block time is expected to be on the order of a second or less, which is similar to other DEXs 0.2s block time advantage. Achieving near-instant finality is crucial for traders who might otherwise worry about timing and MEV (Maximal Extractable Value) issues. Although detailed latency stats are still being gathered, the user experience goal is clear: make on-chain trading on DeriW feel as immediate as trading on a centralized platform.
Another important metric is uptime and reliability during the test. The DeriW team is closely monitoring system uptime and recovery from any crashes or network issues. A robust exchange must handle network spikes, degraded conditions, or attacks without downtime. By publishing these performance metrics and comparing them with industry standards, DeriW intends to demonstrate transparently where it stands. So far, the absence of gas fees and high throughput capacity on testnet have enabled continuous trading even when simulating thousands of concurrent users – something that might clog less scalable testnets. The platform is also tracking how its automatic risk controls (like the pendulum mechanism) perform quantitatively: e.g., maintaining targeted liquidity levels, keeping slippage near zero, and ensuring the funding rates and PnL (profit and loss) for liquidity providers stay within expected bounds. These technical benchmarks, once validated on testnet, will serve as proof points that DeriW can handle real-world volumes and stress when it goes live.
Expected Outcomes & Next Steps Before Mainnet Launch
The testnet phase is not just a demo for DeriW – it’s a critical period for learning and refining. The main goals include collecting user feedback on the trading interface and features, uncovering any bugs or security vulnerabilities, and optimizing the platform’s performance under realistic conditions.
DeriW is actively analyzing user interactions with its new liquidity model (including preferred leverage levels, popular trading pairs, and responses to zero fees) to refine fee structures and risk management. Incentive initiatives, such as the Supernova event, serve both as promotional tools and practical stress tests to ensure the platform performs reliably under high trading volume.
Feedback collected through community channels will directly guide improvements, prioritizing user-identified issues in ongoing development sprints. By Q2 2025, DeriW plans to transition from testnet to mainnet alongside the $DER Token Generation Event (TGE), officially launching its economic and governance models. Prior to mainnet launch, the team will thoroughly fine-tune smart contracts, bolster infrastructure, and enhance the user interface based on insights gained from testnet users.
The roadmap beyond mainnet is ambitious: by Q3 2025, DeriW plans to introduce a professional-grade API for algorithmic traders and support custom trading pairs. By Q4 2025, the goal is to cultivate a global trading community and further improve the user experience through community-driven enhancements—all built upon the foundation established during the testnet.
Engaging the Community and Conclusion
DeriW actively keeps the community engaged and informed with regular testnet updates, transparent performance metrics, and ongoing social media interaction. Early testnet adopters gain not only rewards but also valuable firsthand experience, positioning them advantageously for the mainnet launch. Backed by the seasoned CoinW exchange group, the meticulous approach to this testnet demonstrates readiness for prime time.
DeriW’s testnet isn’t just another generic launch—it’s a bold demonstration of innovation, combining proven DeFi strengths with fresh enhancements. By benchmarking against industry leaders, DeriW signals its ambition to lead in decentralized trading. The coming months will be critical, but current progress suggests DeriW is well-positioned to convert testnet success into a transformative mainnet launch. Stay tuned as DeriW moves from testnet to mainnet, carrying forward the insights and confidence gained during this trial by fire.
About DeriW
DeriW is the first zero-gas-fee decentralized perpetual contract exchange, blending Ethereum’s security with Layer 3 scalability to deliver CEX-like efficiency in a decentralized framework. Operated by CoinW’s seasoned fintech team, it redefines trading with 80,000 TPS throughput, ensuring speed, transparency, and trustless execution.
Website: www.deriw.com
Twitter: @deriwfi
Telegram: https://t.me/deriwfinance
Discord: https://discord.com/invite/deriwfinance

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View original content:https://www.prnewswire.co.uk/news-releases/deriw-testnet-launch-sets-new-standards-in-decentralized-derivatives-trading-302400740.html
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