CRYPTO
The Straits Times
07 Oct 2026 · 10:45
Bitcoin rally and the Token2049 conference in Singapore
Sign up now: Get ST's newsletters delivered to your inbox Bitcoin bulls descend on Singapore in search of the next big bet Eric Trump, the US president’s second son and executive vice-president of the …
Sign up now: Get ST's newsletters delivered to your inbox
Bitcoin bulls descend on Singapore in search of the next big bet
Eric Trump, the US president’s second son and executive vice-president of the Trump Organisation, will discuss The Future Of Finance, Built In America.
Crypto’s movers and shakers are gathering in Singapore for one of their biggest conferences of the year as a Bitcoin-led rally revives hopes that a new bull market is taking shape.
About 25,000 people are expected to converge on the city-state’s iconic Marina Bay Sands this week for Token2049.
More than 500 exhibitors and 300 speakers are slated for the Oct 7-8 event, including Hyperliquid chief executive officer Jeff Yan, Polymarket CEO Shayne Coplan and World Liberty Financial co-founder Eric Trump.
Bitcoin’s rally from US$58,000 at the end of June to roughly US$85,000 on Oct 6 has spurred talk that the crypto winter is thawing, though the market has yet to regain the momentum and confidence of earlier bull cycles.
Token2049 may offer insights into what crypto’s founders, builders, investors and financial institutions are betting on next.
“I’ve been one of the few attending Token2049 since the first one in 2018; looking back highlights just how far this asset class has matured,” said Dovey Wan, founding partner of crypto investment firm Primitive Ventures. “Through every boom and bust, staying in the game with those who built from day one is what truly matters.”
‘Not euphoria’
The industry has weathered a prolonged slump since October 2025, when Bitcoin plunged from its record high above US$126,000. But a 43% advance in the three months through September gave the largest cryptocurrency its strongest quarter since the final three months of 2024, when crypto-friendly US President Donald Trump won re-election.
One of the first keynote addresses of the conference is titled Crypto Spring Turning Into Full-Blown Bull Market by BitMine chairman Tom Lee.
Still, Bitcoin has struggled to break above US$87,000 as rising Treasury yields weigh on speculative assets.
The mood is better than it was in June, but it is “definitely not euphoria”, said Haseeb Qureshi, managing partner at crypto-focused venture capital firm Dragonfly.
The market has absorbed setbacks such as the US Senate’s failure to advance the Clarity Act, while growing institutional participation and the expansion of stablecoin use have helped support confidence, he said.
Converging worlds
One major theme at the conference will be how parts of traditional finance are moving onto blockchain networks, essentially putting assets and financial transactions on technology originally developed for cryptocurrencies. Tokenised assets, stablecoins and around-the-clock trading are increasingly bringing the two worlds closer together.
The value of tokenised real-world assets such as bonds, commodities and equities has surged, reaching more than US$38 billion at the end of September, according to RWA.xyz, whose tally excludes stablecoins.
The speaker line-up reflects that growing convergence, with crypto-native executives appearing alongside traditional financial industry leaders including Nasdaq chair and CEO Adena Friedman and Franklin Templeton CEO Jenny Johnson.
Eric Trump, the US president’s second son and executive vice president of the Trump Organisation, will speak on The Future Of Finance, Built In America.
Other big-name speakers include Ethereum co-founder Joseph Lubin, Binance co-CEO Richard Teng and crypto billionaire Justin Sun, an early investor in the Trump family’s World Liberty Financial who is now embroiled in a dispute with it.
Reigning Formula 1 champion Lando Norris, in town for this week’s Singapore Grand Prix, is also speaking at a session titled The Drive To Win.
Notably absent from this year’s line-up are Tether CEO Paolo Ardoino and Robinhood CEO Vlad Tenev, who were both key speakers in 2025.
Agentic payments
Artificial intelligence will be another major thread, particularly as the crypto industry experiments with using digital currencies and blockchain networks to enable payments between AI systems.
Qureshi, who spends much of his time looking at the intersection of crypto and AI, said he is particularly interested in “agentic payments”, where AI agents make payments on behalf of users or transact with one another.
“It’s early, but it’s where I see the smartest founders trying out new ideas,” Qureshi said.
Hacks and cybersecurity are also likely to be topics of conversation following a spate of recent attacks, including the US$388 million heist at crypto exchange Bitget just two weeks ago.
Bitget CEO Gracy Chen said that, for her, the value of Token2049 lies less in what happens on stage than in the conversations off it. “It is a useful opportunity to compare what we are seeing at Bitget with what the broader market is prioritising,” she said.
Chen would like to see more regulators and policymakers speaking at the event, particularly as the industry grapples with how stablecoins, tokenised assets and crypto platforms should fit into the wider financial system.
Some of the most consequential questions “cannot be answered by the industry alone”, she said.
Singapore is cementing its status as a major digital-asset hub, with Chainalysis data showing US$284 billion (S$363 billion) of crypto activity in the city-state between July 2025 and June 2026, up 55.4% from the previous year.
This week it will host hundreds of side events around Token2049.
“Token2049 is one of the key points on the industry calendar,” said conference co-founder Alex Fiskum. “It’s an opportunity to take stock of where the industry stands, build new partnerships and set the agenda for the year ahead.” BLOOMBERG
CRYPTO
Crypto Briefing
07 Oct 2026 · 10:45
Pump.fun’s $2.8 billion on-chain treasury is mostly its own PUMP token
Arkham data shows the Solana memecoin launchpad holds about $2.19 billion in PUMP alongside wrapped SOL, stablecoins, and memecoin pools Pump.fun, the Solana memecoin launchpad, holds $2.8 billion in on-chain assets. That pile includes …
Arkham data shows the Solana memecoin launchpad holds about $2.19 billion in PUMP alongside wrapped SOL, stablecoins, and memecoin pools
Pump.fun, the Solana memecoin launchpad, holds $2.8 billion in on-chain assets. That pile includes its own PUMP token, wrapped SOL, USDC, USDT, and a scattering of memecoin pools.
What’s in the wallet
Arkham Intelligence identifies roughly $2.838 billion in on-chain assets tied to pump.fun as of October 6, 2026. The PUMP token accounts for approximately $2.19 billion of that total, representing about 341.224 billion PUMP tokens.
Pump.fun holds approximately 2.786 million wrapped SOL (WSOL), valued at around $336 million. On top of that, the platform holds 450.5K SOL in unwrapped form, worth about $54 million.
Arkham’s data shows 168.7 million USDC, worth about $169 million, and 46 million USDT, worth about $46 million. Smaller positions in various memecoins fill out the remainder.
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Buybacks, burns, and unlocks
Pump.fun runs a buyback-and-burn program funded by 50% of its net revenue. The platform uses that money to buy PUMP on the open market and permanently destroy it.
By late September 2026, cumulative buybacks had passed roughly $460 million. More than 167 billion tokens have been removed from circulation since the program began.
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In July 2026, 57.28 billion PUMP tokens were distributed to 121 wallets as part of post-cliff linear vesting for team members and investors.
How pump.fun got here
PUMP launched in July 2025 through an initial coin offering that raised about $1 billion. The sale priced the token at a fully diluted valuation of around $4 billion.
Cumulative decentralized exchange volume on pump.fun exceeds $97 billion. Annualized revenue is reported in the hundreds of millions, which is what funds the buyback program in the first place.
What this means for PUMP holders and the memecoin market
The PUMP treasury stake is harder to value. A project’s holdings of its own token are worth what buyers will pay, and selling 341.224 billion tokens in size would likely test that price quickly. The stablecoin and SOL holdings represent the liquid side of the ledger that can be spent or deployed without that constraint.
The July 2026 distribution to 121 wallets marked the start of linear unlocks, meaning more insider tokens could reach the market over time. Watching on-chain flows from those wallets to exchanges is one way traders can gauge sentiment.
CRYPTO
Bitcoinfoundation.org
07 Oct 2026 · 10:45
Monad Price Drops 12%: Is MON’s Breakout Already Falling Apart?
Monad experienced a sharp decline since mid-September, and its price dropped below $0.03 on October 6. According to CoinMarketCap, MON price was $0.029 as of the latest data, down about 11% in the past …
Monad experienced a sharp decline since mid-September, and its price dropped below $0.03 on October 6. According to CoinMarketCap, MON price was $0.029 as of the latest data, down about 11% in the past 24 hours after multiple days of declines.
Read More: He Says His Binary Options Strategy Brings In $2,000 a Week—Watch Him Trade Live
Monad Crypto Price Falls 12%: What Happened to MON’s Breakout?
The recent Monad price drop has erased part of the token’s late-September gains. Historical CoinGecko data indicate that MON prices increased from $0.0240 on September 23 to $0.0337 on October 1, with declining prices after that date.
MON Drops Below $0.03 After Recent Rally
MON price today is under the key psychological level of $0.03 per token. According to CoinMarketCap, the current MON price is about $0.0289. The daily reference rate for MON on October 4 was about $0.0333.
That reversal occurred after a period of price volatility, with MON stock trading between $0.03 and $0.05. Failure to establish prices above $0.03 signals a lack of momentum in the near term but does not confirm a long-term MON downtrend.
Profit-Taking Hits MON After a 30%+ Weekly Rally
One factor explaining why is Monad price falling is profit-taking after the token’s strong previous gains. According to a CoinMarketCap article published October 5, key factors in MON’s recent sell-off include profit-taking and other effects of previous strong gains
That sequence helps explain why is MON price down now: traders had locked in large short-term profits from recent gains and were likely looking to sell during periods when the price was flat or falling.
This also helps explain why is MON crypto down despite the absence of any apparent downside-specific news about the MON token as of October 6.
Read More: What Is Midnight Crypto? Why the NIGHT Token Is Gaining Attention
Is the Current Pullback a Correction or a Trend Reversal?
For traders asking what is happening with MON crypto, current market information suggests that the recent price action is a correction rather than a confirmed trend reversal.
Market commentaries recently explained the recent price action as a correction following an uptrend but noted risks of further declines if key support levels are breached.
MON price analysis will depend on traders’ ability to support the token price following its move below $0.03. Further declines and MON sales will support bearish arguments for the token, while a rebound above recent lows will help technical arguments for a short-term rebound.
Can MON Hold the Key $0.027 Support Level?
MON is approaching an important price level from the recent rally. MON price data as of October 6 indicates that the price was approximately $0.029, down from $0.03394 on October 3, with prior price resistance at approximately $0.027 before a breakout in late September.
That price range is common for previous MON support levels. The token’s ability to hold within or near this price range following multiple sessions of lower prices can be significant.
Why $0.027 Became the Most Important Level for MON
The importance of $0.027 stems from recent price developments. On September 29, MON was priced at or near $0.027 and rose 18.19% on September 30 to $0.03178. Media reports at the time identified the move through $0.027 as a Monad breakout above resistance, with that area subsequently becoming support.
This resistance-to-support transition puts $0.027 among the most closely watched Monad key support levels following the rally. A return to the area would effectively bring MON back toward the base of its latest breakout.
. @monad is valued at $382M. 24-hour volume is $37.4m
numbers from CoinMarketCap today
→ Market cap $382.05M, rank 124
→ Fully diluted valuation $3.68bn
→ Total supply 100.68bn, circulating supply 11.82bn
→ 24-hour volume $37.41m, or 9.82% of the market cap
→ Price is down… pic.twitter.com/MpsTc8I7yp — Dip (@Dipdas2001) October 5, 2026
What Happens If Monad Price Falls Below $0.027?
A prolonged dip below $0.027 would negatively impact the September 30 breakout setup. Previous market data indicate that MON’s lowest price on the breakout day was $0.02649. The price for the prior day was $0.02689.
Such a decision would likely return MON’s price to its prebreakout range instead of projecting any particular downside price. Information suggests that $0.027 is a significant MON price level but not a minimum price.
The Next Support Levels to Watch for MON
Below $0.027, traders may find historical trading levels from previous late-September sessions that could provide support. Historical MON prices show that it traded at $0.025-0.026 prior to the breakout, so these levels are likely to attract interest from traders.
Other Monad price analysis should be separate from historical price information. While past price information can show areas of MON buying interest, it is not a reliable predictor of future buying interest at those prices. Market sentiment about MON is currently mixed, and CryptoSlate gives MON a neutral technical outlook.
Monad Privacy Upgrade: Can It Revive MON Price Momentum?
Privacy is listed as a possible Monad benefit, though details shared by the project don’t match the market excitement. Before an event in Singapore scheduled for October 6, Monad shared a social media post saying, “Privacy is coming,” and other ecosystem news reported that Category Labs will announce new privacy-related products at the event.
Monad privacy upgrade is coming as MON is trading at lower levels following the recent price increase. As of October 6, the price was about $0.03, the price was about 8% lower after 24 hours but 9% higher than the price a week earlier.
What Monad Revealed About Its Privacy Plans
Public information about the project is scarce. Advance reports indicate that Monad’s goals include reducing incentives for private on-chain transactions and addressing fragmentation of market liquidity due to privacy concerns that lead institutions to use private systems. Details about the technology behind Monad’s privacy features and plans for broader deployment are not publicly available.
Updates about other ecosystem research efforts offer more details, including research into technologies to help keep orders hidden in the order book until they are filled. These other efforts are not evidence about what product Monad will release.
Monad ($MON) reality check after the privacy teaser pump
Monad burns tokens party ❌
Monad sells tokens party ✅
Monad is biggest Scammers ever. Rev fee in 24h $20 only
IN RH everything is organic https://t.co/KMcvyoTPmQ pic.twitter.com/avafL86Cej — monfucker (@Deadshot_0_1) October 6, 2026
Why the Privacy Upgrade Initially Sent MON Higher
The announcement was followed by a spike in MON price. Market data showed that MON traded more than 17% higher on October 1 from the prior day, closing the day around $0.0324, according to traders’ anticipations of the October 6 announcement.
The transaction boosted a recent MON breakout, which previously helped lift the token’s price above $0.027. Reports do not confirm that the rise in MON’s price was entirely due to the privacy announcement, so it is more accurate to describe the price increase as coinciding with increased expectations about the pending privacy announcement.
Can the New Catalyst Offset the Current Selling Pressure?
The privacy project has attracted attention, but monetization opportunities may be limited by the details of the project. Details of the project’s planned services and timeline were not fully disclosed before a project presentation on October 6, so it is unclear how widely the project’s services will be adopted or valued in the market.
At the same time, MON price has fallen from last week’s highs, and the current MON price is below last week’s high of $0.033.
MON price catalyst remains unconfirmed. More information about the product might encourage investors, but there is insufficient evidence to conclude that privacy features will help reverse the recent price decline and lead to future price increases in MON.
Factor Current Status Potential MON Price Impact Privacy initiative Announced, full details pending Potentially bullish MON reaction Rose over 17% on October 1 Positive initial response Key breakout level MON moved above $0.027 Strengthened short-term momentum Recent price action MON fell back below $0.033 Selling pressure remains Product details Scope and timeline unclear Impact remains uncertain Adoption Not yet measurable Key factor for future momentum
Monad’s Stablecoin Expansion Adds Another Bullish Catalyst
Monad is growing its stablecoin offering in an ecosystem where other dollar-denominated tokens are already widely used. On-chain metrics show Monad’s stablecoin market capitalization of around $711 million, a 3.5% increase in the last week, and over $1 billion in total value locked in DeFi applications.
New Monad stablecoin plans include additional regulated Singapore and U.S. dollar-denominated assets. On October 1, StraitsX announced plans to launch native XSGD and XUSD stablecoins on Monad in early 2027, pending technology and regulatory approvals.
How Stablecoins Could Increase Activity on Monad
Stablecoins offer settlement and payment liquidity benefits to users without exposing them to price risk in MON. StraitsX noted opportunities to use XSGD and XUSD stablecoins for cross-border payments and settlement and card programs on Monad. These uses of XSGD and XUSD on Monad are hypothetical at this time.
Monad currently has significant chain activity, with recent data indicating that about 5.65 million transactions and 12,800 unique addresses have interacted with Monad in the past 24 hours.
New native stablecoins on Monad could provide more payment and other financial services options for users, but adoption of new stablecoins on Monad is unknown.
StraitsX Plans XSGD and XUSD Deployment on Monad
Under the agreement, XSGD will be the first stablecoin pegged to the Singapore dollar to be issued directly on Monad. XUSD will be a stablecoin pegged to the U.S. dollar. XSGD and XUSD issuers, StraitsX companies, are licensed as Major Payment Institutions under Singapore’s Payment Services Act.
The deployment is scheduled to occur in early 2027, not right now. StraitsX claims its infrastructure processes nearly $70 billion per year in stablecoin transactions, though this is volume for the company’s overall infrastructure and not expected Monad volume.
Read More: Is UDR Crypto a Scam? What to Know About United Dividend Reserve Token
Does Growing Network Activity Translate Into Higher MON Demand?
Higher stablecoin adoption does not guarantee increased demand or MON price . Monad has 24-hour DEX trading volume and chain fees of $30 million and $16,600 per day, respectively, and a stablecoin market cap of over $700 million. Both numbers indicate stablecoin demand on Monad, but stablecoin demand and MON price are not directly correlated.
The StraitsX integration may increase demand for Monad crypto if the planned payment and settlement services offered through the integration gain traction with users and investors. Potential Monad crypto use cases may include increased demand for stablecoins. The StraitsX integration is a potential long-term growth opportunity but not proof that increased stablecoin demand will be sustained.
MON Faces a Major Token Unlock in November
Monad is approaching its largest scheduled supply event since launch. Vesting trackers currently show the next major MON token unlock on November 24, 2026, when approximately 16.61 billion MON are due to become unlocked.
The event is unusually large compared to the existing token supply. As of this writing, the circulating supply is about 11.83 billion MON, greater than the number of tokens to be issued in this event.
$500M+ of MON Tokens Are Scheduled for Release
At current MON market prices, the November unlock is worth over $500 million in value but will change as the value of the token changes. DeFiLlama currently estimates the value at around $495 million. Other sources have estimated the value of the cliff unlock to be over $520 million recently.
Monad November token unlock includes mostly previously vested allocations. Estimates based on vesting schedules suggest 10.7 billion MON allocated to the team, 5.3 billion to investors, and 1.07 billion to the Category Labs Treasury.
$MONAD is getting the first big unlock on 23 november, the likely scenario for this is that it will get scamp pumped to it.
Every chain has runners now and with FOMO rotations will be made much easier.
That's why I think solana:ZDa1Q2A5aAymnhPehqd2fUmHSP53Ry9brBPFRu7ffrb… pic.twitter.com/oevPNCpxYI — Bradley (☄️) (@solbrdl) October 1, 2026
Why the November 24 Unlock Could Pressure MON Price
The main risk is the additional supply coming to the market. The November 24 token release accounts for about 16.6% to 16.8% of the total token supply across several major token vesting tools. It is a larger percentage of the total token supply than is currently in circulation.
However, an unlock is not the same as a sale in the open market. An unlock eliminates lockup provisions on tokens, but there is no information about actual sales by token holders. Monad token unlock could lead to increased supply in the market, but it does not necessarily mean the price will fall.
Can Monad Absorb the Additional Supply?
MON recently had approximately $53-55 million in daily spot-market trading volume and a market capitalization of about $342-360 million. The planned November launch is much greater than a single day’s trading volume in MON spot market and other indicators of its size.
Whether the market takes these tokens will depend on various factors, including the amount that becomes available to trade on exchanges and market interest at that time. These factors cannot be estimated using current information about MON vesting and other market activity, so it is impossible to predict the effect on MON crypto market.
Metric Current Estimate Why It Matters Unlock date November 24, 2026 Next major MON supply event Tokens unlocking 16.61B MON Exceeds current circulating supply Share of total supply 16.6%-16.8% Large one-time supply release Team allocation ~10.7B MON Largest unlock allocation Investor allocation ~5.3B MON Potential source of market supply Category Labs Treasury ~1.07B MON Smaller scheduled allocation Estimated unlock value -405M-520M+ Varies with MON price Current circulating supply ~11.83B MON Smaller than scheduled unlock
Monad Price Outlook: What Comes Next for MON?
MON is trading at around $0.029, down about 11% on the day, within a range bounded at the bottom by a recent breakout from around $0.027 and at the top by high levels seen in early October above $0.035. Available market data indicate that MON price is up about 8% from its September 29 price, even with the recent decline.
Short-term Monad price prediction depends on whether can MON recover above $0.03 or fall back to its pre-breakout price range.
Bullish Scenario: MON Reclaims $0.03 and Retests $0.037
A gain above $0.03 would return MON to its levels from the first few days of October. Highs in intraday trading on October 1 and 2 of $0.03524 and $0.03580, and $0.03549 on October 4, indicate a resistance level of $0.035-$0.036.
Technical pivot levels suggest $0.0357 as a MON resistance level. This supports other indications of resistance in that area. Breaking through to $0.037 would likely require MON to break through recent price highs. Thus, the MON price prediction of $0.037 remains a speculative scenario, not a guaranteed price level.
$MON PRICE PREDICTION: IS A 1000% RALLY LOADING? 🚀
The #MON daily chart is holding its strongest support trendline since February. Higher lows are forming from $0.019 to $0.034, and buyers defended the demand zone again. Smart money is accumulating while retail waits.
✅ Entry… pic.twitter.com/om0uKuLxjG — Crypto Patel (@CryptoPatel) October 1, 2026
Bearish Scenario: MON Loses $0.027 Support
The bear case has a target price of $0.027, the previous resistance level broken during MON rally on September 30. On that day, MON opened at about $0.02686 and touched a daily low of $0.02649 before rising 18% to close at about $0.03178.
A move lower out of that region would take the price back to its original trading range before the breakout. Technical analysis also shows the $0.0277 level as a key area of deeper Monad support, suggesting the $0.027-0.028 range may be relevant to near-term Monad resistance levels and support configuration.
Why the November Unlock Could Decide MON’s Next Major Move
The November 24 supply event is a key factor, in addition to technology considerations. Records confirm 16.61 billion MON tokens will vest, or 16.6% of the total MON supply, which is higher than the current circulating supply of about 11.83 billion tokens.
The tokens are mainly issued to individuals and private investors, with a portion going to the foundation. The market value of the tokens is between $415 million and $495 million, based on live MON price movements.
This doesn’t necessarily mean that recipients will sell their tokens. However, because the upcoming supply change is so large, factors related to the November unlock are more important than usual in MON price analysis and may play a larger-than-normal role in determining MON future price.
The effect of the November unlock on MON’s price will depend on other factors, including the amount of newly unlocked MON sold into the market and MON demand.
Scenario Key MON Price Level What to Watch Bullish recovery Above $0.030 MON reclaims the key psychological level Resistance test $0.035-$0.036 Recent highs and technical resistance Bullish extension Around $0.037 Requires a break above recent resistance Key support $0.027-$0.028 Important pre-breakout trading area Bearish move Below $0.027 Return toward the pre-breakout range November unlock 16.61B MON Potential increase in available token supply
Is MON Crypto Still Set for a Recovery?
Recovery is possible, but there is no evidence of market recovery to date. MON’s price on October 6 is around $0.029 and has dropped by about 11% in the last 24 hours, though it is still about 8% higher than its price on September 29. The recent MON price drop followed a rally above $0.035, while a recovery above recently lost levels would improve the near-term setup.
Fundamentals may be positive for demand. The StraitsX project intends to launch XSGD and XUSD tokens on Monad in 2027, and a privacy-related development for the project provides another potential liquidity benefit.
Read More: Best Crypto to Buy Before the Next Crash: Top 5 Coins to Watch Through the End of 2026
Information about the privacy-related program and its use within the community is scarce, and these fundamentals are not likely to increase demand for MON crypto.
The biggest risk is supply. Vesting information indicates a large unlock event on November 24. Approximately 11.83 billion MON are already unlocked.
This question about will Monad price recover involves both technical and ecosystem factors and market responses to an increased token supply. Current data suggest a possibility of Monad token price recovery but not a strong indication of a price trend reversal to the upside.
CRYPTO
Crypto Briefing
07 Oct 2026 · 10:45
Anthropic CEO Dario Amodei earned $18 million in 2025, mostly from stock and options
Dario Amodei, CEO of AI lab Anthropic, reportedly earned $18 million in 2025, with the majority of his compensation coming from stock and options. His base salary was increased to $1.4 million in July, …
Dario Amodei, CEO of AI lab Anthropic, reportedly earned $18 million in 2025, with the majority of his compensation coming from stock and options. His base salary was increased to $1.4 million in July, as Anthropic continues its preparations for a potential initial public offering (IPO). This development comes as the company, valued at $965 billion in its last private funding round, confidentially filed for an IPO earlier this year. The significant earnings and salary increase may suggest confidence in Anthropic’s financial health as it gears up to enter the public market.
Key Takeaways
Markets suggest that Amodei’s compensation reflects confidence in Anthropic’s financial health ahead of its potential IPO.
Anthropic’s valuation in recent private rounds places it above its competitor OpenAI, contributing to market interest in its IPO.
Market pricing appears supportive of scenarios where Anthropic’s market cap could exceed $1.25 trillion at IPO close.
What to Watch
Market participants will be focused on any announcements regarding Anthropic’s IPO pricing and timing, which could influence market perceptions. Key indicators to monitor include any updates on financial disclosures or strategic investor movements that align with a higher valuation scenario. Observers will also be attentive to regulatory developments and market conditions that could impact Anthropic’s public debut.
CRYPTO
Crypto Briefing
07 Oct 2026 · 10:45
BlackRock still has no plans for an XRP ETF, and one analyst calls that a bearish signal
The world's largest asset manager keeps passing on XRP while seven rival spot XRP ETFs hold roughly $1.77 billion in assets BlackRock, the asset manager overseeing roughly $15 trillion, still has no plans to …
The world's largest asset manager keeps passing on XRP while seven rival spot XRP ETFs hold roughly $1.77 billion in assets
BlackRock, the asset manager overseeing roughly $15 trillion, still has no plans to launch a spot XRP ETF. The firm first said so in August 2025 and has held that position through late September 2026.
A recent Motley Fool analysis argues that BlackRock’s absence is reason enough to be bearish on the token for now.
What BlackRock has actually said
In August 2025, after Ripple’s long-running lawsuit with the SEC was resolved, the firm said it had no plans for either an XRP or a Solana ETF. The firm has kept its crypto ETF lineup focused on Bitcoin and Ethereum, two markets where it has launched products and now dominates in the US.
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In September 2025, Robbie Mitchnick, BlackRock’s head of digital assets, laid out a five-factor framework the firm uses to evaluate new crypto ETFs. Those factors are client demand, market value, liquidity, maturity and portfolio fit. Mitchnick ranked client demand as the most important of the five.
By BlackRock’s own criteria, XRP does not currently clear the bar. The firm appears to view the token as falling short on market maturity, liquidity and fit within client portfolios.
The news moving money, markets, and the world—before your day starts. Daily. Free. Join 34,000+ readers across crypto, finance, and policy. Email address Subscribe free We respect your privacy. Unsubscribe anytime.
The XRP ETF market is moving on without it
Seven US issuers have already launched spot XRP ETFs. As of September 25, 2026, those funds collectively held around $1.77 billion in assets. That works out to approximately 1.18 billion XRP tokens, or about 1.9% of the token’s circulating supply.
The Ripple connection that isn’t an XRP connection
BlackRock accepts Ripple’s RLUSD stablecoin as collateral in BUIDL, its tokenized Treasury fund. RLUSD is a dollar-pegged stablecoin, designed to hold a steady value. XRP is a volatile crypto asset whose price moves with the market. Accepting the first as collateral says nothing about launching an ETF built on the second.
Why the Motley Fool analyst is bearish
BlackRock’s absence from the XRP space is reportedly contributing to a more cautious market outlook on the token compared with Bitcoin and Ethereum. If the largest asset manager on the planet keeps looking at XRP and deciding its clients don’t want it, that is a signal other institutions may notice.
What this means for XRP investors
The roughly $1.77 billion already sitting in rival XRP ETFs is a live experiment in whether the token can attract steady institutional flows without BlackRock’s brand attached. If those seven funds keep growing, it would feed directly into the client demand metric that Mitchnick says matters most to BlackRock.
The key data points to track are assets under management across the seven existing XRP ETFs, any change in BlackRock’s public language on the token, and whether the circulating supply share held by ETFs climbs meaningfully above its current 1.9%.
CRYPTO
Crypto Briefing
07 Oct 2026 · 10:45
Applied Digital reportedly eyes up to 1 GW of Finnish power for an AI campus
A post on X says the US data center developer is going international, though the company's own disclosures still center on North Dakota and Alabama Applied Digital Corp (NASDAQ: APLD) is expanding internationally, according …
A post on X says the US data center developer is going international, though the company's own disclosures still center on North Dakota and Alabama
Applied Digital Corp (NASDAQ: APLD) is expanding internationally, according to a post on X. The post says the company is securing up to 1 GW of power in Finland for a planned AI data center campus.
A caveat belongs up front. Research into the company’s public activity found no disclosed plans for Finnish expansion or power procurement as of early October 2026. Until Applied Digital confirms it, investors should treat the report as unverified.
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What the numbers look like
Applied Digital recently finished an expansion at its Polaris Forge 1 campus. That build added 75 MW, lifting the site’s operational capacity to 250 MW. The company is targeting 400 MW at that campus by 2028.
Applied Digital reports approximately $36 billion in contracted long-term leases. Those leases span five AI campuses with a combined critical IT load capacity of 1.41 GW.
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So a Finnish campus at the top of the reported range would come close to matching the company’s whole contracted footprint.
Why Finland keeps coming up
Google announced a €13 billion investment for AI infrastructure in the country in September 2026.
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Separately, APL Group has a 100 MW hyperscale project there. Note the similar ticker-style name: APL Group is a different company from Applied Digital, which is worth remembering before anyone trades on a headline.
From Bitcoin hosting to AI factories
Applied Digital’s current identity is relatively new. The company began with blockchain-centric operations before pivoting toward purpose-built facilities for AI and high-performance computing, which it calls AI factories.
Applied Digital has leaned into that model. It targets long-term partnerships with investment-grade hyperscalers, the large cloud and tech companies with strong credit ratings.
Its stated growth plan points to multi-gigawatt expansion through leases and additional sites by 2031-2032. Its existing power pipeline, also measured in multiple gigawatts, sits in North Dakota and Alabama.
Nothing in that plan, as publicly described, mentions Europe.
What this means for investors
The first thing to watch is simple: confirmation. A move of this size would typically show up in company filings, an investor presentation, or an official announcement. Until then, the Finland report sits in the “interesting if true” pile.
For now, the verified numbers remain 250 MW operational at Polaris Forge 1, 1.41 GW of contracted capacity, and roughly $36 billion in leases. The 1 GW Finnish figure is the one to watch for an official stamp.
CRYPTO
Cointelegraph
07 Oct 2026 · 10:45
Hong Kong officials double down on end-2026 deadline for crypto licensing bill
Hong Kong regulators plan to establish a licensing regime for four categories, including digital asset trading, custody, advisory and management services. The Hong Kong government reaffirmed its plans to submit an amendment bill before …
Hong Kong regulators plan to establish a licensing regime for four categories, including digital asset trading, custody, advisory and management services.
The Hong Kong government reaffirmed its plans to submit an amendment bill before the end of 2026 to establish licensing regimes for digital asset trading, custody, advisory and management services as part of its broader crypto licensing bill.
Secretary for Financial Services and the Treasury of Hong Kong, Christopher Hui, told a Monday policy briefing that the government will submit an amendment bill “within this year” to establish a broader framework for digital asset activities, according to a statement released by the Hong Kong government.
The secretary said the amendment bill covering the four categories will come in response to the “innovative developments” in financial technology.
In January, Hui revealed that regulators planned to submit a draft proposal related to crypto asset regulation before the end of 2026. He also said that the Hong Kong Monetary Authority (HKMA) had begun processing license applications for stablecoin issuers.
In April, the HKMA granted its first stablecoin issuer licenses to Anchorpoint Financial and the Hongkong and Shanghai Banking Corporation.
Related: Hong Kong, Shanghai authorities to test blockchain for cargo trade data
CRYPTO
Crypto Briefing
07 Oct 2026 · 10:45
Circle plans to add Aave to Bitcoin-backed borrowing in Mint
The new lending venue extends Circle's Morpho-based service, but borrowers still face liquidation under third-party protocol rules Circle has added Aave as a lending option inside its Bitcoin-backed borrowing service for Circle Mint clients, …
The new lending venue extends Circle's Morpho-based service, but borrowers still face liquidation under third-party protocol rules
Circle has added Aave as a lending option inside its Bitcoin-backed borrowing service for Circle Mint clients, according to The Defiant. The move extends a product that has so far run on Morpho alone.
How the service works
Circle formally launched the product, called Digital Asset-Backed Borrowing (DABB), on September 21, 2026. It targets eligible institutional clients who want liquidity but don’t want to part with their Bitcoin.
The mechanics run in three steps. A client deposits native Bitcoin with Circle, which mints a token called cirBTC on a 1:1 basis. Each cirBTC is backed by Bitcoin held in reserve at Circle National Trust.
That token then serves as collateral in third-party on-chain lending markets. Against it, the client borrows USDC, Circle’s dollar stablecoin.
Circle is not the lender in this arrangement. Borrowing rates and available liquidity are set by the third-party protocols. Positions sit in smart wallets that customers control, and those positions follow each protocol’s own liquidation procedures.
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The service is not available to everyone. Customers based in New York are excluded, which limits the pool to institutions eligible under Circle Mint LLC.
From Morpho-only to a second venue
DABB debuted with Morpho on Arc, Circle’s EVM-compatible Layer 1 blockchain. The product’s launch landed alongside the early operational rollout of Arc itself.
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Aave was part of the plan from the start, but it wasn’t ready on day one. As of early October 2026, the Aave integration was still not functional. Its arrival now gives Mint clients a second place to post cirBTC and borrow USDC.
The early numbers
Morpho’s cirBTC market gives a sense of initial appetite. Shortly after launch, market data showed nearly $18.86 million borrowed against a liquidity pool of $157.85 million.
The market set its liquidation loan-to-value threshold at 86%. Once a loan reaches 86% of the value of the Bitcoin backing it, the position becomes eligible for liquidation.
By October 2, 2026, Morpho deposits on Arc had surpassed $500 million. The cirBTC/USDC borrowing market accounted for a large majority of Morpho’s early activity on the chain.
What this means
Adding Aave matters for competition between lending protocols. Morpho had the cirBTC market to itself, and that market drove most of its early Arc activity. A second venue means borrowers and lenders can now split between two protocols.
Circle is effectively the custodian and token issuer, while the lending outcomes depend on code and rules it does not control. An 86% liquidation threshold on Morpho leaves limited room in a sharp drawdown, and borrowers using Aave will need to learn that protocol’s parameters separately.
The New York exclusion caps the near-term reach, as some of the largest US financial institutions are based there and cannot use the service in its current form.
CRYPTO
Crypto Briefing
07 Oct 2026 · 10:45
Hong Kong government reaffirms end-2026 deadline for crypto licensing bill
Financial secretary Christopher Hui says a bill covering crypto dealing, custody, advisory and management will reach lawmakers before year-end Hong Kong has repeated its timetable for the next big piece of its crypto rulebook. …
Financial secretary Christopher Hui says a bill covering crypto dealing, custody, advisory and management will reach lawmakers before year-end
Hong Kong has repeated its timetable for the next big piece of its crypto rulebook. The government plans to send a bill to the Legislative Council by the end of 2026 that would license four types of virtual asset businesses: dealing, custody, advisory and management.
Secretary for Financial Services and the Treasury Christopher Hui confirmed the target during a Legislative Council Finance Committee policy briefing on October 5, 2026. With fewer than three months left in the year, the deadline is no longer abstract.
What the bill would actually do
The proposal comes jointly from the Financial Services and the Treasury Bureau (FSTB) and the Securities and Futures Commission (SFC). It would be made as an amendment under the Anti-Money Laundering and Counter-Terrorist Financing Ordinance, known as Cap. 615.
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The four licensing regimes would all be supervised by the SFC. Together, they extend oversight into areas that have so far sat outside the city’s main crypto framework.
Dealing: This covers over-the-counter (OTC) trading, the desks that match large buyers and sellers away from public exchange order books.
This covers over-the-counter (OTC) trading, the desks that match large buyers and sellers away from public exchange order books. Custody: This targets firms that hold private keys on behalf of clients.
This targets firms that hold private keys on behalf of clients. Advisory: This applies to businesses that give advice on virtual assets.
This applies to businesses that give advice on virtual assets. Management: This captures portfolio management services for digital assets.
The guiding philosophy is “same business, same risks, same rules.” The idea mirrors the existing Securities and Futures Ordinance, and each new crypto license category lines up with a corresponding type under that ordinance.
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Hui framed the bill as part of a broader 2026-2030 financial market development strategy. The proposal also sits under the government’s Policy Statement 2.0 on Digital Assets.
No grace period, and that is the headline risk
The proposal includes no transitional or grandfathering provisions. Businesses that do not already hold licensing from the SFC or the Hong Kong Monetary Authority (HKMA) may be required to stop operating once the new regulations commence.
Consultations on the dealing and custody regimes drew more than 190 responses, with conclusions published on December 24, 2025. The advisory and management consultations attracted 51 responses. Their conclusions were released on May 26, 2026.
How Hong Kong got here
Licensing of virtual asset trading platforms began in 2023, bringing centralized exchanges under SFC supervision. The Stablecoins Ordinance followed, taking effect on August 1, 2025. The new bill extends oversight to OTC desks, custodians, advisers and managers.
CRYPTO
Bitcoinfoundation.org
07 Oct 2026 · 10:45
Best Polymarket Trading Bots in 2026: Top Bots for Copy Trading, AFK Trading and Telegram Automation
Polymarket has become one of the largest prediction markets, but trading it manually can become difficult once you start following multiple markets and wallets. Read More: He Says His Binary Options Strategy Brings In …
Polymarket has become one of the largest prediction markets, but trading it manually can become difficult once you start following multiple markets and wallets.
Read More: He Says His Binary Options Strategy Brings In $2,000 a Week—Watch Him Trade Live
A trader can enter a position while you are watching another market. A wallet you want to copy can buy or sell before you notice the transaction. By the time you manually place the same trade, the market price may already be different.
Related: Polymarket V2 Nears Launch With New Prediction Market Architecture
This is where Polymarket trading bots come in. The best Polymarket bots can monitor wallets, copy trades, automate predefined strategies, manage position sizes and send alerts without requiring you to watch Polymarket throughout the day.
However, these tools are not identical.
Some focus primarily on Polymarket copy trading, while others are built around AFK trading, wallet tracking, Telegram automation or self-hosted strategies.
This comparison looks at three Polymarket trading bots in 2026: Polyfox, PolyBot and PolyCop. The comparison covers copy trading, AFK automation, trader discovery, risk management, execution, fees, wallet control and ease of use.
What Is a Polymarket Trading Bot?
A Polymarket trading bot is software that automates part of the trading process on Polymarket.
Depending on the platform, a bot can monitor wallets, copy positions, execute predefined strategies, track whale activity and manage trading parameters automatically.
The main advantage is simple: you do not have to monitor Polymarket manually every minute.
For example, imagine that a trader you follow buys a Polymarket contract at $0.42. You notice the transaction 30 seconds later and enter at $0.47.
You are technically copying the same trade, but your entry price is already significantly worse. This is one of the main reasons traders use automation.
However, a trading bot is an execution tool, not a guaranteed source of profit. Automation can execute a good strategy faster, but it can also execute a bad strategy faster.
Why Use a Polymarket Trading Bot?
Manual copy trading sounds simple: find a profitable wallet, monitor its activity, open the same position and close it when the trader exits. The problem is timing, position sizing and scale.
A large trader might open a $20,000 position while your account has only $500 available. Copying the same absolute position size would expose your account to completely different levels of risk.
A useful Polymarket copy trading bot therefore needs more than a simple copy button.
Feature Why It Matters Copy trading Automatically mirrors selected wallets Position sizing Adjusts copied trades to your account size Budget limits Prevents a strategy from consuming too much capital Stop-loss Defines a maximum acceptable loss Take-profit Automates exits at predefined levels Wallet tracking Helps monitor traders and whales Alerts Shows important wallet or market activity AFK automation Allows predefined strategies to run without constant manual execution
Main Types of Polymarket Trading Automation
Polymarket Copy Trading
Copy trading allows you to follow another wallet and automatically reproduce qualifying transactions.
The strategy is based on another trader’s decisions, which makes wallet discovery and trader analysis particularly important.
The main risk is that your execution will rarely be identical to the original trader’s execution. Market prices can move between the original transaction and the copied transaction.
Polymarket AFK Trading
AFK trading follows predefined rules rather than necessarily copying a specific trader.
A strategy can define entry conditions, exit conditions, position size and risk parameters. Once activated, the system can continue executing trades while the user is away from the screen.
The distinction is important:
Copy Trading AFK Trading Follows another wallet Follows predefined rules Depends on trader performance Depends on strategy performance Copies selected transactions Generates or executes trades based on conditions Requires trader discovery Requires strategy configuration Main risk is poor execution or trader performance Main risk is strategy failure or changing market conditions
Polymarket Whale Tracking
Some tools focus on monitoring large or historically successful wallets rather than automatically copying every transaction.
This approach gives traders information while keeping the final trading decision manual. It can also be useful for discovering potential copy-trading targets before enabling automation.
Telegram Polymarket Bots
Telegram-based bots move much of the trading workflow into Telegram. Instead of switching between Polymarket, analytics dashboards and separate automation software, users can monitor wallets and manage strategies through a familiar messaging interface.
Best Polymarket Trading Bots in 2026
Three options stand out for different reasons.
Polymarket Bot Best For Main Strength Polyfox Copy trading and AFK automation Broadest combination of automation and trader analytics PolyBot Self-hosted automation More technical control and local infrastructure PolyCop Telegram copy trading Simple wallet copying and AFK trading
1. Polyfox: Best Polymarket Bot for Copy Trading and AFK Trading
Polyfox is designed for traders who want to combine Polymarket copy trading, AFK strategies, wallet discovery and risk management in one workflow.
Rather than focusing on a single feature, Polyfox combines several parts of the trading process inside Telegram.
What Is Polyfox?
Polyfox works as a Polymarket trading terminal inside Telegram ecosystem. Its main function is copy trading. Users can select a wallet and allow Polyfox to automatically mirror qualifying transactions according to predefined parameters.
The platform also provides additional tools for trader discovery, automated strategies and risk management.
Polyfox Feature Function Copy trading Automatically mirrors selected wallets Smart Wallets Helps discover and evaluate traders Trader scoring Provides additional context when evaluating wallets AFK strategies Automates predefined trading strategies Stop-loss Automates loss limits Take-profit Automates profit-taking Position sizing Adjusts trade size Budget limits Controls maximum capital allocation Whale alerts Tracks significant wallet activity Backtesting Helps evaluate strategies before using them Gasless execution Removes the need to manage gas for supported transactions Multi-chain deposits Allows deposits from multiple networks Telegram interface Keeps trading management inside Telegram
How Does Polyfox Copy Trading Work?
The basic workflow is straightforward. You find a trader, configure the amount you want to allocate, set your copy parameters and let Polyfox automatically mirror qualifying trades.
The important part is position sizing.
You do not necessarily need to copy the target wallet’s absolute position size. A multiplier can adjust the size of copied trades, while budget controls can limit total exposure. This is particularly useful when copying wallets that operate with substantially more capital than you do.
Related: JPMorgan Cuts Polymarket Banking Ties as Regulatory Risks Persist
Polyfox Smart Wallets and Trader Discovery
Finding the right wallet is one of the most important parts of Polymarket copy trading. Sorting wallets only by total profit can be misleading. A trader may have a high P&L because of one successful position or because a particular market temporarily moved in their favor.
Polyfox’s Smart Wallets provide additional information that can help evaluate traders.
Metric Why It Matters Recent P&L Shows recent profitability Win rate Shows the percentage of profitable trades Trading activity Indicates how frequently the wallet trades Earned profit Provides a broader performance measure Number of copiers Shows how many users follow the wallet Trading history Provides context beyond one successful trade
These metrics should be treated as research tools rather than predictions of future performance. A wallet with strong historical performance can still lose money in future markets.
Polyfox AFK Trading
Polyfox also supports AFK trading, allowing predefined strategies to operate without manual execution for every transaction. This is useful for traders who do not want to remain connected to Polymarket throughout the day.
The key difference is that copy trading follows a trader, while AFK trading follows a strategy. That means AFK automation can be useful even when you do not want to copy another wallet.
However, AFK does not mean risk-free.
A strategy will continue following its rules even if market conditions change. That makes position limits, stop-losses, take-profit rules and capital controls particularly important.
Polyfox Risk Management
Automation without risk controls can increase exposure faster than expected.
Polyfox provides several tools for controlling that exposure.
Risk Control Purpose Position sizing Controls how much capital goes into each trade Budget cap Limits total strategy allocation Stop-loss Defines an automated loss threshold Take-profit Defines an automated profit target Pause Temporarily stops automated execution Strategy allocation Separates capital between strategies
These controls are especially relevant to copy trading because active wallets can open multiple positions in a short period.
Trading Polymarket Through Telegram
One of Polyfox’s main advantages is its Telegram-first workflow.
Users can monitor activity and manage strategies without constantly switching between different interfaces.
For traders who already use Telegram for crypto markets, this can make the automation process considerably simpler.
Instead of opening Polymarket to manually check every wallet transaction, the trader can manage much of the workflow from Telegram.
Related: Crypto Trading API Guide: The Best APIs For Automated Trading In 2026
Polyfox Gasless Trading and Multi-Chain Deposits
Polyfox uses gasless execution through a relayer. Deposits can also come from several networks, including Ethereum, Solana, BNB▲$723.92 Chain, Base, Arbitrum and Optimism.
This can simplify the onboarding process for users who already hold stablecoins across different chains.
Polyfox Fees and Wallet Control
According to the platform information reviewed for this comparison, Polyfox charges a 1% fee per trade, with no subscription fee and no additional deposit or withdrawal fee.
Gas is covered through the relayer.
The platform uses a non-custodial wallet model, allowing users to retain control of their funds and export their keys to a compatible wallet.
Non-custodial does not eliminate smart-contract, wallet-security, execution or market risks.
Polyfox Pros and Cons
Advantages Limitations Copy trading Market risk remains Smart Wallet discovery Copied trades may receive worse fills Trader scoring Slippage can affect results AFK strategies Historical performance is not predictive Position sizing Automation can encourage overconfidence Budget controls 1% trading fee can matter for frequent trading Stop-loss and take-profit Telegram workflow Gasless execution Multi-chain deposits Non-custodial setup Whale alerts Backtesting
Overall, Polyfox is better described as a Polymarket automation platform than simply a copy-trading bot.
2. PolyBot: Best Self-Hosted Polymarket Trading Bot
PolyBot takes a different approach. Instead of running the entire workflow through Telegram, it allows users to operate the software themselves.
The platform includes a Copy Trading Bot and a 15-Min AI Trader designed around short-duration BTC▲$77,666.00 UP/DOWN markets.
What Is PolyBot?
PolyBot is designed for traders who want more control over the infrastructure behind their automated Polymarket setup.
The Copy Trading Bot monitors wallets on the Polymarket leaderboard and can mirror their trades.
The platform also provides P&L tracking, trade logs, risk controls and emergency kill switches. A paper-trading mode can be used to test the configuration before committing real funds.
PolyBot Copy Trading
The workflow is relatively simple: select a wallet, configure the bot, define proportional sizing and start the automated system. The major difference is that PolyBot is designed around self-hosting.
PolyBot Characteristic Details Copy trading Yes Self-hosted Yes Wallet control User-controlled Proportional sizing Yes P&L tracking Yes Trade logs Yes Risk controls Yes Emergency kill switch Yes Paper trading Yes Docker deployment Yes Telegram-native workflow No
Why Choose a Self-Hosted Polymarket Bot?
Self-hosting provides more technical control. Users can run the software on their own server or VPS and keep private keys under their own control.
This can be attractive to experienced traders who do not want to rely on a hosted automation platform.
The trade-off is complexity. With self-hosting, the user becomes responsible for server uptime, security, software updates, Docker configuration and private-key management.
For a technically experienced trader, that may be an advantage. For someone who simply wants to start copying Polymarket wallets, it can be unnecessary overhead.
PolyBot Pricing
According to the platform information reviewed for this comparison, PolyBot uses one-time pricing rather than a recurring subscription.
Product Listed Price Copy Bot $49.99 15-Min AI Trader $69.99
This creates a different cost structure from platforms that charge a percentage of every trade.
3. PolyCop: Best Telegram Bot for Polymarket Copy Trading
PolyCop takes a simpler approach. Its core purpose is to allow users to select Polymarket wallets and automatically mirror their trades through Telegram.
How Does PolyCop Work?
Users can fund the wallet with USDC▼$0.9998, add target wallets and configure copy-trading parameters. Once the system is active, qualifying transactions can be copied automatically.
PolyCop Function Description Wallet copying Mirrors selected wallets Telegram interface Trading management through Telegram USDC funding Used to fund trading Position configuration Controls copied trade size AFK mode Allows automated strategies Entry conditions Defines when a strategy can trade Take-profit Automates exits Stop-loss Controls downside
PolyCop AFK Trading
PolyCop also provides an AFK mode for automated strategies. The system can use parameters covering timing, price movement, entry conditions, take-profit, stop-loss and position size.
This gives users more flexibility than a simple wallet copier.
Read More: Top 10 Crypto X Influencers to Follow in 2026. Best Twitter Accounts for Signals & Insights
Where Does PolyCop Fall Short?
The main limitation is breadth. PolyCop focuses primarily on wallet copying and AFK automation.
Polyfox provides a broader combination of trader discovery, historical analysis, Smart Wallets, risk management, multi-chain deposits and automated execution.
Therefore, PolyCop makes more sense for someone who wants straightforward Telegram-based Polymarket copy trading, while Polyfox is better suited to users looking for a broader automation workflow.
Polymarket Trading Bots Compared: Polyfox vs PolyBot or PolyCop?
Feature Polyfox PolyBot PolyCop Copy trading Yes Yes Yes AFK trading Yes Yes Yes Telegram trading Yes No Yes Smart Wallets Yes No No Trader scoring Yes Limited Limited Wallet discovery Yes Yes Yes Stop-loss Yes Yes Yes Take-profit Yes Yes Yes Position sizing Yes Yes Yes Budget controls Yes Yes Yes Whale alerts Yes No No Backtesting Yes Paper mode Limited Gasless execution Yes Depends on setup Depends on setup Multi-chain deposits Yes Depends on setup More limited Self-hosted No Yes No Non-custodial Yes User-controlled Wallet-based Best suited for Full automation Technical users Simple copy trading
There is no single best Polymarket bot for every trader. PolyBot is more suitable if self-hosting and infrastructure control are priorities.
PolyCop is more suitable if the main objective is straightforward Telegram copy trading. Polyfox provides the broadest combination of trader discovery, copy trading, AFK automation and risk management.
How to Choose the Best Polymarket Trading Bot
Choosing a Polymarket bot should involve more than comparing the number of features. The most important question is what happens after the bot starts trading.
Execution Speed and Fill Quality
Copy trading depends heavily on timing. The original trader may enter at one price while the copied transaction receives another price.
Slippage, liquidity and market movement can all affect the final result. A bot being fast does not guarantee that your position will have the same entry price as the trader you are following.
Trader Discovery and Historical Performance
If you are using a Polymarket copy trading bot, wallet selection is critical. Total P&L should not be the only metric you consider.
Metric What to Check Win rate How frequently the wallet closes profitable positions Number of trades Whether the sample size is meaningful Trading frequency How active the strategy is Markets Which prediction markets the trader targets Position size How much capital is normally deployed Market concentration Whether performance depends on one market type Recent activity Whether the strategy is still active Trading history How the wallet performed across different conditions
A wallet with a 75% win rate across 10 trades tells you much less than a wallet with the same win rate across hundreds of trades.
Historical performance is useful for research, but it is not a guarantee of future results.
AFK Trading Controls
The best AFK trading bots are not necessarily the ones requiring the fewest clicks. The more important factor is how much control the user has over automated execution.
Control Why It Matters Position limits Prevents oversized individual trades Budget caps Limits total strategy exposure Position sizing Controls allocation Stop-loss Limits predefined losses Take-profit Automates profit targets Pause Stops the strategy temporarily Emergency stop Immediately disables automated execution Manual intervention Allows the trader to override automation
Without these controls, “hands-off” trading can simply mean that the user is watching less while the bot continues trading.
Fees and Total Trading Costs
Do not compare Polymarket bots only by their advertised fee. The real cost can include several components.
Cost Why It Matters Trading fee Direct cost on each transaction Subscription Recurring software cost Gas Blockchain transaction costs Deposit fees Cost of moving funds into the platform Withdrawal fees Cost of moving funds out Slippage Difference between expected and executed price
A bot with a lower headline fee can still be more expensive if execution is inefficient. Conversely, a higher trading fee may make sense if the platform removes other costs and simplifies execution.
Wallet Security and Custody
Understand who controls the wallet and private keys before using any automated trading platform. A non-custodial setup gives users more control over their funds, but it does not eliminate smart-contract or wallet-security risks.
Self-hosting provides another level of control, but it also puts more operational responsibility on the trader. The right setup depends on how much technical responsibility you are willing to take.
Related: New York Targets Kalshi, Polymarket and Coinbase in Sweeping Prediction Market Mark
Are Polymarket Trading Bots Safe?
Polymarket trading bots do not eliminate trading risk.
Risk What Can Happen Copy trading risk The wallet you follow makes a losing trade Execution risk Your trade receives a worse price Slippage The market moves before your order executes Strategy risk An automated strategy stops working Market risk The prediction market moves against your position Smart-contract risk Technical vulnerabilities affect funds Wallet risk Private keys or wallet access are compromised Automation risk The bot continues trading while conditions change
The important point is that automation changes how trades are executed. It does not remove the underlying risks of trading prediction markets.
Is AFK Trading Really Hands-Off?
Not completely.
AFK trading means that a bot can handle repetitive execution while you are away from the screen. It does not mean that the trader can ignore the account indefinitely.
The system can automate predefined entries, exits, position sizing and repetitive transactions, but it cannot automatically determine whether the assumptions behind the strategy are still valid.
That is why AFK strategies still require periodic monitoring. Check performance, capital usage, open positions and recent market conditions regularly.
Which Polymarket Trading Bot Is Best in 2026?
The answer depends on what you want to automate.
Use Case Best Option Why Best overall Polymarket bot Polyfox Broad combination of automation, trader discovery and risk controls Best for copy trading Polyfox Copy trading combined with Smart Wallets and position controls Best for AFK trading Polyfox Dedicated AFK strategies and risk-management features Best self-hosted bot PolyBot Greater infrastructure and wallet control Best Telegram copy-trading bot PolyCop Simple wallet-copying workflow through Telegram Best for technical users PolyBot Self-hosted architecture and greater technical control Best for beginners Polyfox Lower technical barrier and broader guided workflow
Final Thoughts on Polymarket Trading Bots
The best Polymarket trading bot is not necessarily the one with the most features or the biggest performance claims. It is the one that fits your trading workflow.
Polyfox stands out for combining trader discovery, copy trading, AFK automation, position sizing, risk controls and Telegram-based execution.
PolyBot is better suited to traders who value self-hosting, local infrastructure and technical flexibility.
PolyCop is a simpler option for users who mainly want Telegram-based wallet copying and AFK trading.
The most important thing to remember is that a trading bot automates execution, not judgment.
A profitable wallet can start losing money. A successful strategy can stop working. A copied trade can receive a worse fill. An AFK system can continue trading while market conditions change.
Automation can reduce the amount of manual work required to trade Polymarket. It cannot remove the underlying market risk.
For traders looking for a combination of Polymarket copy trading, AFK trading, wallet discovery and Telegram automation, Polyfox currently offers the most complete workflow among the three options reviewed here.