News Preview:
- Bitway (BTW) will start circulation on March 2, supporting trading on Binance Alpha;
- MANTRA Chain plans to conduct a v7.0.0 software upgrade on March 3;
- Gemini will cease operations in the UK, and customer accounts in the country will only be able to withdraw starting March 5;
- HyperLiquid co-founder: 173,000 HYPE will be unstaked and distributed to team members on March 6;
- RedStone (RED) will unlock approximately 40.85 million tokens at midnight Beijing time on March 7, accounting for 16.13% of the current circulation, worth about 6.2 million USD.
March 2
Macroeconomics:
On March 2 22:45, the US will announce the final value of the February S&P Global Manufacturing PMI; 23:00, the February ISM Manufacturing PMI will be announced
Exchanges:
Binance: Bitway (BTW) tokens will start circulating at 16:00 on March 2
Bitway (BTW) tokens will start circulating at 16:00 (UTC+8) on March 2, 2026.
Project Updates:
The ZEROBASE staking function will be upgraded on March 2 to enhance performance and service stability
The zero-knowledge proof infrastructure project ZEROBASE tweeted that its staking function will undergo an upgrade from 23:00 to 01:00 on March 2 to improve performance and service stability. During this period, the ZEROBASE frontend service will be temporarily paused, but all smart contracts will continue to operate fully on-chain.
Token Unlocking:
Ethena (ENA) will unlock approximately 40.63 million tokens at 15:00 Beijing time on March 2, accounting for 0.53% of the current circulation, worth about 4.3 million USD.
March 3
Exchanges:
Upbit will delist GoChain (GO) on March 3
Upbit will delist GoChain (GO) on March 3. Upbit has confirmed through assessment that GoChain (GO) has numerous shortcomings in terms of trading and adoption status under the exemplary framework for virtual asset trading support, and may lead to user losses.
Project Updates:
MANTRA Chain plans to conduct a v7.0.0 software upgrade on March 3
MANTRA Chain plans to perform a v7.0.0 software upgrade at block height 13,000,000 (expected on March 3, 2026). This upgrade will implement the community-approved 25th governance proposal, rename the native token from $OM to $MANTRA, and conduct a non-dilutive token split at a ratio of 1:4, increasing the maximum supply from 2.5 billion to 10 billion while maintaining the economic value.
After the upgrade, the token symbol will change from OM to MANTRA, the base unit from uom to amantra, and the token decimal places from 6 (micro units) to 18 (atto units). Blockchain ID, fully diluted market value (FDV), market value, staking weight, governance weight, and other parameters will remain unchanged. All balances, parameters, and rewards will be automatically migrated in proportion, without requiring manual operation from holders, stakers, or delegates. Funds in the IBC custodial account will complete migration after returning to the target chain.
Rayls will initiate RLS pre-staking lock on March 3, mainnet will go live in Q3 of this year
Rayls will open RLS pre-staking lock at 21:00 UTC on March 3, aiming to prepare for the mainnet launch in the third quarter of 2026. Participants in the pre-staking can earn up to 50% APY rewards during the first three months after the mainnet goes live, with subsequent yields expected to remain around 20%. Earnings will be settled monthly. The total limit of this lock event is 100 million RLS, with a minimum participation amount of 100,000 RLS on a first-come, first-served basis. The locked tokens will remain until the mainnet starts, and early withdrawal will not be supported during this period. After the mainnet launch, users need to complete three steps: "withdraw, cross-chain to Rayls mainnet, and delegate on the dashboard" to activate rewards.
SolCex announces its mobile application will launch on March 3
Solana-based centralized exchange SolCex announced that its mobile application will launch on March 3.
DeFi derivatives protocol Polynomial will stop its blockchain operation on March 3
DeFi derivatives protocol Polynomial tweeted that it has stopped operations and entered the winding-down stage since February 14, with both Polynomial Chain and Polynomial Trade shutting down. A forced liquidation will take place on February 18, liquidity layer closure on February 24, and the chain will cease operations on March 3.
Polynomial stated that its previously announced TGE plan for the first quarter will also be canceled, as it does not wish to "issue tokens for a product on the verge of extinction," but participant data will be retained, and early supporters will have priority access to the new company's products. Polynomial also noted that technology is not the moat of the derivatives market, liquidity is, and Polynomial happens to lack liquidity, with a TVL peak of only 8 million USD. The team stated that the new company will still relate to derivatives.
March 4
Exchanges:
Binance, Bybit, and OKX will support the OM and MANTRA token swap, with new token spot trading opening on March 4
Binance, Bybit, and OKX have released specific plans for the MANTRA (OM) token swap, increment, and rebranding to MANTRA (MANTRA), with the old tokens being exchanged at a ratio of 1 OM to 4 MANTRA. Trading for the new token MANTRA will open on March 4.
Project Updates:
Kraken’s L2 Ink opens Echo program form collection, deadline is March 4
Kraken’s L2 Ink is opening form collection for the Echo program, allowing early tool or project builders to participate. Submitted content will be reviewed by the team and ecosystem advisors, with some contributors receiving: stablecoin rewards and builder points; public recognition on Ink’s social media; invitations to private builder syncs and early access to future programs. The submission deadline is March 4.
March 5
Macroeconomics:
On March 5, Thursday at 03:00, the Federal Reserve will publish the Beige Book on economic conditions
Policy Regulation:
U.S. senators have written to Bessent, asking him to assess whether to review the UAE company's investment in World Liberty Financial and respond by March 5
U.S. Democratic Senators Elizabeth Warren and Andy Kim have written to Treasury Secretary Bessent asking him to assess whether the U.S. Foreign Investment Committee should review the UAE company’s 500 million USD investment in World Liberty Financial. The two senators have requested a response from Bessent by March 5. The U.S. House of Representatives began investigating World Liberty Financial, a cryptocurrency company linked to Trump, and whether its dollar-pegged tokens are related to a member of the UAE royal family in early February. Congressman Ro Khanna is requesting the company to provide ownership records, payment details, and internal communication records.
Exchanges:
Gemini has announced it will terminate its business operations in the UK. Starting March 5, 2026, all UK customer accounts will be switched to withdrawal-only mode.
Project Updates:
idOS tokens will be auctioned through Tally and will go live on March 5
The Web3 identity layer idOS will launch the IDOS token on March 5. The tokens will be auctioned through the Tally platform using the Uniswap CCA mechanism. The event will take place from February 25 to March 5, with token distribution occurring after the auction ends. The first phase will last 2 days (with discounted prices, minimum subscription amounts, and linear token unlocking), while the second phase will last 6 days (with standard prices, any subscription amounts, and full token unlocking on the day of the TDE). Specific terms will be announced shortly, and all phases will be open to all users (KYC verification required).
March 6
Project Updates:
HyperLiquid co-founder: 173,000 HYPE will be unstaked and allocated to team members on March 6
Hyperliquid co-founder iliensinc stated that 173,000 HYPE tokens from Hyperliquid Labs were unstaked on February 25 and will be distributed to team members on March 6, worth approximately 5.4 million USD.
Token Unlocking:
Hyperliquid (HYPE) will unlock approximately 173,000 tokens at 8:00 AM Beijing time on March 6, accounting for 0.04% of the current circulation, worth about 5.4 million USD;
March 7
Token Unlocking:
RedStone (RED) will unlock approximately 40.85 million tokens at midnight Beijing time on March 7, accounting for 16.13% of the current circulation, worth about 6.2 million USD;
Optimism (OP) will unlock approximately 19.5 million tokens at 8:00 AM Beijing time on March 7, accounting for 0.98% of the current circulation, worth about 2.4 million USD;
March 8
No updates
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