News

ChainCatcher reports that DeAgentAI, a decentralized AI infrastructure project in the SUI and BNB ecosystems, has officially launched an AIA token buyback and burn program with a total scale of 5 million US dollars. The funds will come from project protocol revenue and trading income generated by its proprietary AI models.

According to @defioasis data, on April 13, Polymarket’s fees over the past week reached 9.8 million US dollars, hitting a historical high, with annualized fees exceeding 500 million US dollars. At the same time, for the first time, weekly on-chain prediction market fees surpassed 10 million US dollars, with Polymarket accounting for 96.9% of the market share.

The Osaka Exchange's September rubber contract closed down by 0.7 yen at 390.3 yen per kilogram on Monday, marking the fourth consecutive trading day of declines. The Shanghai Futures Exchange's September natural rubber contract also fell 245 yuan to 16,795 yuan per ton, a decrease of 1.44%.In Thailand, the benchmark export-grade smoked sheet rubber and standard rubber spot prices dropped by 2.05% and 1.48% respectively. The persistent weakening of physical market quotes has become the main source of pressure dragging down futures, as the market is gradually digesting expected supply increases with the resumption of the tapping season in major producing countries.Although rubber tapping progress in China’s Hainan region has been delayed due to a heat wave, providing temporary price support, the trend of a full return to tapping cycles in Southeast Asia’s main production regions is irreversible, and a marginally looser supply structure has already been established.The collapse of US-Iran negotiations combined with the closure of the Strait of Hormuz triggered a surge in crude oil prices, but unlike in the past, this did not push up natural rubber prices via synthetic rubber cost transmission. Instead, a sharp reduction in investor risk appetite led to a systemic withdrawal of funds from the commodity markets.Near-month rubber contracts on the Singapore Exchange also moved lower to 202.6 US cents per kilogram. The synchronous decline across the three major exchanges indicates that this adjustment is not a single-market phenomenon but a collective response by the global rubber pricing system to both supply returns and heightened macro risk aversion.Going forward, vigilance is needed regarding the potential cost-pushing effects of persistently high crude oil prices on synthetic rubber and butadiene rubber. The butadiene rubber contract on the Shanghai Futures Exchange tumbled 2.68% on the day, suggesting that the market is still trading on demand suppression, and the balance of costs and demand has not yet tilted toward the bulls.