BlockBeats News, December 26, crypto asset research firm ASXN disclosed Hyperliquid's 2025 operational data: full-year cumulative net inflow reached $3.87 billion, with 609,662 new users added.In terms of trading, total trading volume completed on Hyperliquid in 2025 amounted to $2.95 trillion, with average daily trading volume of $8.34 billion, hourly $347 million, and per minute $5.79 million.Order execution volume also set a new record, with a total of 198.9 billion transactions executed throughout the year, including 174.3 billion perpetual contracts (Perps), 22.6 billion spot trades, and approximately 1.9 billion HIP-3; on average, daily 562 million, hourly 23.4 million, and per minute about 390,000.Against the backdrop of the ongoing heating up in the DEX derivatives track, Hyperliquid's capital inflows and trading activity demonstrate its strong appeal in the high-frequency and perpetual contract markets.

BlockBeats News, December 26: Japan's Liberal Democratic Party and Japan Innovation Party released the fiscal year Reiwa 8 tax reform outline on December 19, proposing to position cryptocurrencies as financial products that contribute to national asset formation and planning to introduce a separate taxation system.According to the proposal, spot trading, derivatives trading, and ETFs of cryptocurrencies will be included in the separate taxation scope, and trading losses will be allowed to be carried forward for deduction over three years, aligning with the tax system for financial products such as stocks. Notably, this reform does not cover all cryptocurrency transactions; income-generating activities like staking and lending may still be subject to the current tax system.Meanwhile, NFTs are not explicitly included in the reform and may continue to be taxed as miscellaneous income under comprehensive taxation. Exchanges will submit user transaction reports to tax authorities, imposing higher tax compliance requirements on investors in the future. Experts advise investors to organize their transaction records in advance to smoothly adapt when the new tax system takes effect.

BlockBeats News, December 26, according to Coinglass data, the cumulative net inflow of ETH on CEXs over the past 24 hours was 142,100 ETH, with the top three CEXs by inflow as follows:· Binance, inflow of 138,900 ETH;· Bybit, inflow of 8,959.89 ETH;· OKX, inflow of 2,079.15 ETH.Additionally, Bitfinex had an outflow of 3,574.29 ETH, ranking first on the outflow list.

Deep Tide TechFlow News, December 26 – According to CoinPost, Japan's Liberal Democratic Party and Japan Innovation Party announced the tax reform outline for the Reiwa 8 fiscal year on December 19, proposing to position cryptocurrencies as financial products that contribute to national asset formation and planning to introduce a separate taxation system. Under this proposal, spot trading, derivatives trading, and ETFs of cryptocurrencies will be included in the scope of separate taxation, and trading losses will be allowed to be carried forward for deduction over three years, aligning with the tax systems for financial products such as stocks. It is worth noting that this reform plan does not cover all cryptocurrency transactions; income-generating transactions such as staking and lending may still be subject to the current tax system. Meanwhile, NFTs are not explicitly included in the reform scope and may continue to be taxed comprehensively as miscellaneous income. Exchanges will submit user transaction reports to tax authorities, which will impose higher tax compliance requirements on investors in the future. Experts advise investors to organize their transaction records in advance to ensure a smooth transition when the new tax system takes effect.

深潮 TechFlow 消息，12 月 26 日，据链上分析平台 Lookonchain（@lookonchain）监测，Arthur Hayes 又买入 549,868 枚 PENDLE（价值约 97.3 万美元）。

PANews reported on December 26 that, according to Lookonchain, Arthur Hayes has just purchased another 549,868 PENDLE tokens (worth approximately $973,000).

PANews reported on December 26 that, according to Onchain Lens, BlackRock deposited 1,044 bitcoins worth $91.9 million and 7,557 ETH worth $22.41 million into Coinbase, and is likely to continue depositing more.

BlockBeats 消息，12 月 26 日，据 lookonchain 监测，Arthur Hayes 刚刚再次买入 549,868 枚 PENDLE，价值约 97.3 万美元。Arthur Hayes 已于 20 分钟前买入 185.5 万枚 LDO，价值约 103 万美元。

BlockBeats 消息，12 月 26 日，据 OnchainLens 监测，贝莱德地址向 Coinbase 转入 1,044 枚 BTC（约 9,190 万美元）和 7,557 枚 ETH（约 2,241 万美元），并且可能还会继续转入更多资产。

BlockBeats news, December 26, Aave founder Stani Kulechov stated that recent controversies triggered by DAO voting reflect the normal tension in decentralized governance, and acknowledged previous insufficient communication regarding the alignment of interests between Aave Labs and AAVE holders.Stani mentioned that Aave DAO's revenue this year has reached $140 million, exceeding the total of the past three years, with related treasury funds entirely controlled by AAVE holders. Regarding the discussion on his spending $15 million to purchase AAVE, Stani emphasized that the related tokens did not participate in recent voting, and the purchase was driven by confidence in long-term development.