XMRUSDT rose about 2.4% over the past 24 hours, but the official near-term view shows only version updates with no new narrative catalyst
Verified facts: The Monero official release page shows that the most recent software update was GUI 0.18.5.2 on 2026-07-21, with a 0.18.5.1 patch version earlier in July. Market discussion: The independent trend of privacy coins is often interpreted as a rotation driven by risk-hedging. Inference: As of 2026-08-01, no new official catalyst has been found that can directly explain today’s contract moves; therefore this can only be written as a funds-flow observation explicitly marked as “no official catalyst found.” The negative funding rate is very deep—both a rebound and a sudden liquidation can suddenly intensify.
Revisiting the 1x Cost on August 1: The heat levels for UB, BEAT, and UP are not the same as low wear
According to today’s Alpha list, the rough estimated wear for UB, BEAT, and UP is about 0.346%, 0.352%, and 0.377%, respectively. While UP’s 24h trading volume is about 45.2M and is clearly higher, that doesn’t automatically mean it’s lower in wear. If you do 1x points today, it’s better to break down heat, trading volume, slippage, and fees first, and then decide whether to lower costs or chase faster turnover.
Seven-Day Recap: AI Agent Payments Begin Probing Higher Concurrency Limits; If SUI Can’t Carry AKT/TAO, Start by Showing a Single-Chain Demo
SUI brings to the forefront high-concurrency demos of AI agents handling payments, chat, and game interactions, as AI storytelling starts to validate the execution layer rather than just the model layer. If SUI can’t carry AKT/TAO, the market is more likely to view it as a single-chain showcase, not a spreading AI infrastructure play. The conditions for success are that AI representatives’ coin linkage turns stronger; the main failure risk is that demo traffic is hard to convert into sustained demand, and that real business calls are still insufficient.
On July 31, re-check the 1x cost: the popularity of UB, BEAT, and UP is not the same as low wear
According to the Alpha list as of 2026-07-31 Beijing time, in the 1x array, the estimated rough wear for $UB , $BEAT , and $UP is approximately 0.346%, 0.352%, and 0.379%, respectively. Among them, $UP had about 58.83 million USDT in 24h trades, showing far higher interest than $UB and $BEAT —but its cost is not the lowest. If today you want to balance points and cost, first verify the actual trading fees, Gas, slippage, wear, rankings, and regional restrictions separately, then decide whether to do low-wear trades or chase faster turnover.
SNXUSDT funding fee is about -5.4%. No new official announcements for July have been seen yet; the shorts seem more like they’re trading old narratives.
Confirmed facts: Synthetix’s official blog—based on the latest visible updates as of July 30—still shows the June 17 recommended referral/commission rebate feature. The FX market mentioned in the roadmap entered its planned schedule on June 30. Market discussion: Traders care more about mainnet activity and progress related to sUSD. Inference: Today looks more like a funding-fee battle over old narratives. No new official catalysts have been found. Be mindful of high volatility and wick/spike moves.
1x Compare Costs First, Then Check Hype: Who Is More Wear-and-Tear Efficient Among UB, BEAT, and UP?
Based on a 2026-07-30 Beijing-time snapshot, the estimated wear-and-tear for a nominal buy of 2,000 USDT is about 0.351% for UB, 0.353% for BEAT, and 0.379% for UP. They’re all still within the comparable range, but UP’s 24h trading volume is significantly higher than UB and BEAT. If you apply a 1x points-based filter today, break down both cost and hype first—don’t ignore fees, Gas, slippage, and ranking thresholds just because trading volume is amplified.
MANTRAUSDT drops about 8.6% in 24 hours. Transparency updates are ongoing, but no new negative official announcement has been seen.
Verified facts: MANTRA launched its Weekly Transparency Report on 2026-05-29, disclosing token supply, staking, treasury wallets, and network activity. On the same announcement page, an Agriculture RWA partnership update from 2026-06-01 is also visible. Market discussion: The RWA main theme is still in play, but in the short term, capital’s tolerance for overvalued narrative themes has declined. Inference: As of 2026-07-29, there has been no new official negative catalyst covering today’s drop; it looks more like a cooldown of themes as risk appetite recedes. If the contracts lose follow-through, both wicks and sudden sell-offs could be amplified.
First compare costs before looking at heat: who is cheaper on wear among UB, UP, and ZEST
Based on the Alpha list as of Beijing time on 2026-07-29, the estimated wear for UB, UP, and ZEST is approximately 0.349%, 0.378%, and 0.381%, respectively. Among them, UP’s 24h trades are about 53.7M, with noticeably higher “heat” than UB and ZEST, but its cost is not the lowest. If today you want to balance points and costs, first break down and calculate separately your fees, Gas, slippage, wear, ranking thresholds, and regional restrictions—then decide whether to target lower wear or chase higher turnover.
First compare costs before checking popularity: who is more cost-effective in wear among UB, UP, and QAIT?
According to the Alpha list as of Beijing time 2026-07-22, the estimated wear rates for $UB , $UP, and $QAIT are approximately 0.356%, 0.381%, and 0.464%, respectively. Among them, $UP 24h has about 58.641 million USDT in成交, with significantly higher heat than $UB and $QAIT—but the cost is not the lowest. If today you want to balance points and costs, first break down fees, Gas, slippage, wear, ranking thresholds, and regional restrictions into separate calculations, then decide whether to go for lower wear or chase faster turnover.
4x heat and wear continue to be misaligned: NES, AKE, and ON still have the biggest turnover gap
Today in the 4x array, the $NES 24h trade amounted to about 37.058 million USDT, with an estimated wear of around 0.434%; the $AKE trade was about 20.333 million, with wear of about 0.477%; the $ON trade is still around 6.917 million, but its wear has risen to about 0.510%. This shows that a 4x multiple doesn’t necessarily mean low cost—heat and wear must be analyzed separately. Before participating, you need to account separately for fees, Gas, slippage, wear, ranking, and regional restrictions.
FET drops 4.3%, but negative funding fees widen; recent official events have not formed immediate quote support
Confirmed facts: Fetch.ai's official event page lists the Goodwood Festival of Speed events from July 9 to July 12. No new single-coin official catalyst has been found on July 20. Market discussion is focused on the AI agent conference and ecosystem exposure. Inference: Today looks more like a position game driven by sentiment pullback; negative funding fees do not necessarily imply an immediate rebound. Contract volatility and pin-risk still need to be guarded against.
First compare the cost before looking at popularity: among UB, BEAT, UP, who is less wear-and-tear?
According to the Alpha list as of 2026-07-20 Beijing time, in the 1x array, the estimated wear-and-tear for $UB , $BEAT , and $UP are approximately 0.361%, 0.363%, and 0.380%, respectively. Of these, $UP had about 77.32 million USDT in 24h trading volume, and its popularity is far higher than $UB and $BEAT , but its cost is not the lowest. If today you want to balance points and costs, verify the real trading fees, Gas, slippage, wear-and-tear, ranking, and regional restrictions separately first—then decide whether to go for lower wear-and-tear or chase higher turnover.
Consider 4x heat and wear separately: AKE, NES, and CAP have very different turnover gaps
Today among 4x tokens, the $AKE 24h trades are about $82.168 million, far higher than the roughly $37.158 million for $NES and the roughly $2.813 million for $CAP ; however, a rough estimate of one-sided wear is about 0.44%, 0.43%, and 0.53% respectively. This means that high activity doesn’t automatically translate to lower costs—especially since the $AKE has already gained over 60% in the last nearly 24 hours. If you want to push for points, you need to break down and calculate separately: fees, Gas, slippage, wear, and how rankings squeeze each other.
Separate 4x heat from wear: AKE, NES, and CAP have very different turnover gaps
Among today’s 4x tokens, within $AKE 24h, trading volume is about $82.168 million, far higher than about $37.158 million for $NES and about $2.813 million for $CAP ; but a rough estimate of one-way wear is about 0.44%, 0.43%, and 0.53%, respectively. This means high activity doesn’t automatically translate into lower costs—especially since $AKE has already risen over 60% in nearly 24h. If you want to push for points, fees, Gas, slippage, wear, and ranking pressure need to be calculated separately.
Look at 4x heat and wear separately: turnover differences among NES, AKE, and CAP vary greatly
Also, based on the 2026-07-17 Beijing time snapshot for 4x, the rough estimated one-way wear for $NES, $AKE , and $CAP is about 0.43%, 0.45%, and 0.54%, respectively, but their 24h trading volumes are approximately $47.02M, $32.94M, and $5.22M. That means even with the same 4x multiple, trading activity and the friction of entries/exits are not consistent. If today you care more about turnover, the trading density of NES and AKE is clearly higher, but chasing the heat still requires setting aside extra room for slippage, Gas fees, and ranking costs.
Separating 4x heat and wear: NES, AKE, and CAP have very different turnover spreads
Looking at the 4x snapshot as of the Beijing time on 2026-07-17, the rough one-sided wear estimates for $NES, $AKE , and $CAP are about 0.43%, 0.45%, and 0.54%, respectively, but the 24h trading volumes are approximately $47.02M, $32.94M, and $5.22M. That means with the same 4x multiplier, trading activity and entry/exit friction are not consistent. If you care more about turnover today, NES and AKE clearly have higher trading density—but when chasing momentum, you still need to leave extra room for slippage, Gas, and ranking costs.
Stablecoin transfers with zero Gas first push the hot-pay narrative, but the SUI ecosystem hasn’t fully spread yet
After Sui made stablecoin transfers zero Gas in May, the payment story heated up first; however, in the past 24 hours only SUI has been relatively stronger, indicating that capital hasn’t yet lifted the entire Sui payment chain. If, going forward, SUI, CETUS, and DEEP all strengthen in sync, that would be more consistent with the stablecoin payment narrative spreading. If only a single leading token rebounds while the rest of the ecosystem’s tokens can’t keep up, this looks more like event hype coming first. The risk is that on-chain payment usage doesn’t continue to materialize—then the hype will fade back to single-point promotion.
#BinanceTurns9 For Binance’s 9th Anniversary, those who are still stuck at the invite-user stage can click the help/support task next to it to complete the trade, unlock the 8th level, and claim Binance’s 9th Anniversary ultimate prize.
Today first look at 4x low slippage: O, COLLECT, ARX have stronger liquidity
If doing Alpha points today, first look at 4x and slippage together. $O liquidity about $2.58M, 24h volume about $1.68M; $COLLECT about $1.55M/$1.52M; $ARX about $1.28M/$1.82M. Roughly estimating with a $2,000 notional position, the one-sided slippage proxy for the three is about 0.38%-0.46%, which is clearly better than CAP and IRYS, which are also 4x. The real outcome still depends on routing, fees, Gas, slippage, and regional availability.
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