The cumulative trading volume of the decentralized contract exchange Sun Wukong has exceeded 4.4 billion USDT.
Chaincatcher News, according to official social media sources, the Chinese decentralized contract exchange Sun Wukong has surpassed a cumulative trading volume of 4.4 billion USDT, with more than 49,000 users. Currently, the platform offers USDT staking incentives, allowing users to stake USDT assets to earn up to 10% annualized returns, and staking does not affect users' trading activities.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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According to data from the US Department of the Treasury, in the 12 months ending July this year, overseas investors made net purchases of US stocks totaling $942 billion, marking the highest rolling 12-month total since records began in 1985. The net purchases in the second quarter alone reached $426 billion, setting a new single-quarter record. Meanwhile, overseas demand for US Treasuries has noticeably cooled, with purchase volumes falling significantly. As a result, the US is facing higher costs in government debt financing.
