Max Resnick: On chain indicators mislead investments, data calculation issues

According to the Piper Sandler report, the market's optimistic expectations for a deal between the United States and Iran lack basis, and the Strait of Hormuz may be widely closed in the coming months, with oil prices possibly reaching new highs this summer. The report states that it is difficult for cross-strait shipping to recover to 50% of pre war levels in the short term, and supply shortages will push up energy prices. Dave Ernsberger, President of S&P Global Energy, stated that the market is cautious about crude oil positions due to the information confusion surrounding negotiations and the opening of the strait. According to reports, the market is concerned that Iran may impose tolls on oil tankers, although Iranian officials deny the charges but emphasize the costs of navigation and ecological protection. Industry insiders predict that even if an open agreement is reached, it may take several months to a year for crude oil transportation to return to normal.

According to HyperInsight monitoring, the Hyperliquid platform's TVL rose 7.8% on a weekly basis, reaching $5.529 billion as of 8:00 am today (UTC+8), setting a new high since the "10.11 plunge" and breaking through $5.53 billion the previous day. The amount of open contracts has risen to $9.647 billion, the highest level since February this year; In the past 24 hours, the trading volume reached 7 billion US dollars, of which about 28.1% came from the traditional market in the HIP-3 ecosystem.

[OKX Announces the Launch of IRYS/USDⓈ] OKX has announced the addition of IRYS/USDⓈ to multiple services, including spot trading, officially going live on 2026-05-27 at 19:00 (UTC+8). Notes: - The IRYS/USDⓈ trading pair will open for trading on May 27, 2026, at 19:00 (UTC+8). - Digital asset prices are highly volatile, and investment risks are significant. Please make decisions prudently.

OKX has announced the addition of Irys (IRYS) to multiple services, including spot trading, officially launching on 2026-05-27 at 18:00 (UTC+8). Important Notes: - The platform may adjust limit parameters or rules based on market conditions without prior notice. Please stay updated on the latest rule details. - The IRYS/USDT spot trading opening time is 18:00 (UTC+8) on May 27, 2026. Please prepare in advance. - IRYS withdrawal services will be available starting at 20:00 (UTC+8) on May 27, 2026.

According to official announcements, OKX will launch IRYS/USDT spot trading. IRYS coin deposit will be open on May 27th at 13:00 (UTC+8), with early order placement time from 17:00 to 18:00 (UTC+8). Spot trading will be open at 18:00 (UTC+8), and withdrawals will be open at 20:00 (UTC+8).