Original | Odaily Planet Daily (@OdailyChina)
Author | Asher (@Asher_ 0210)
StableStock: A Global Stock Trading Platform
Project Introduction
StableStock is a global stock trading platform where users can directly use USDT or USDC to trade real stocks and ETFs such as U.S. stocks, Hong Kong stocks, and Korean stocks (rather than synthetic assets). Trading, settlement, and custody are completed through licensed brokers and custody infrastructure. It also supports spot and leveraged spot trading, and can tokenize holdings into 1:1 backed sTokens for on-chain DeFi and yield products.
Recently, StableStock completed a new round of strategic financing at a valuation of $75 million, with participants including Amber, Nomad Capital, Flow Traders, and Gate. Previously, StableStock was a first-batch incubated project of YZi Labs EASY Residency and received seed-round investment from YZi Labs, MPCi, and Vertex Ventures.
On November 2, StableStock announced the launch of the Genesis points program. Users can earn points by trading or holding eligible stocks and ETFs, with support for spot and leveraged spot trading, and points are distributed daily. The program will also retroactively recognize eligible historical contributions and provide point bonuses to eligible early users.
Interaction Tutorial
STEP 1. Go to the project's official website (link: https://app.stablestock.finance/trade/market) and click "Sign Up" to complete account registration.
STEP 2. Earn points through trading and holding assets, and earn extra points by participating in activities; points are distributed daily. Click "Points" to view your points status.
Backtrade: A Perpetual Contract Exchange Supporting Up to 1000x Leverage
Project Introduction
Backtrade is a perpetual contract exchange running on Hyperliquid HyperEVM, supporting up to 1000x leverage for BTC and ETH. It adopts a model of one-click opening and closing of positions, with trades executed directly at the Hyperliquid mid-price (no slippage, no spread, no funding fees, and free position opening). All trades are bets against the protocol LP.
Backtrade's core mechanism is "loss minting"—when closing a position at a loss or being liquidated, BACK tokens are minted proportionally (initially 100 tokens minted per $1 of loss, applicable when LP is below $500,000). BACK has a fair launch and can only be obtained through losses. After staking, users can share in USDC from fees and LP excess returns.
On October 30, Backtrade announced on X that it had opened the early waitlist.
Interaction Tutorial
Go to the official website (link: https://backtrade.xyz/), click "Join waitlist," and fill in your personal email and wallet address to complete the early waitlist application.
Elysium: The First L2 Network in the Hyperliquid Ecosystem
Project Introduction
Elysium is a general-purpose high-performance L2 network built specifically for Hyperliquid, its testnet is now live, and the mainnet is scheduled to launch on November 9. The network settles to HyperEVM and is co-located with HyperCore, with HYPE as its native gas token.
Currently, you can view and complete quests on the Elysium testnet in the community project operated by @ElysiumEco.
Interaction Tutorial
STEP 1. Go to the official website of the Elysium Ecosystem project (link: https://elysiumeco.xyz/quests/), click "My wallet" to create a personal account, and add Elysium Testnet.
STEP 2. Claim test tokens (link: https://testnet.elysium.kinetiq.xyz/faucet).
STEP 3. Return to the official website of the Elysium Ecosystem and click "Quests" to complete daily tasks.
STEP 4. Click "Projects" to interact with projects in the Elysium ecosystem.
