Boost is a protocol for anyone to deploy incentive offers to targeted wallets to perform onchain actions. Where reward funds are deposited and held in an escrow. Upon completion of the incentive conditions, the smart contract automatically releases and distributes the appropriate amount of funds to all participants.
DeFi project Carrot announced it will cease operations due to the significant operational impact caused by the Drift vulnerability exploit. Carrot has set May 14 as the deadline for users to withdraw remaining funds from Boost, Turbo, and CRT. Following this, the platform will begin deleveraging its system—reducing all leverage to zero—to free up liquidity for CRT redemptions. Carrot stated that user-deposited funds remain the property of users; should Drift pursue any subsequent recovery measures, related funds will still be distributed per prior announcements.
According to the official announcement, HTX (formerly Huobi) has launched a time-limited interest-free margin trading campaign for HYPE and BERA under isolated margin mode. The campaign runs from now until April 30, 18:00 (UTC+8). Users who register for the campaign and complete KYC verification can enjoy up to three days of interest-free borrowing when trading HYPE and BERA under isolated margin mode. This campaign focuses on two highly popular assets—HYPE (Hyperliquid) and BERA (Berachain). Amid heightened market volatility and frequent structural market movements, the interest-free benefit significantly reduces funding costs, enhancing capital turnover efficiency and trading strategy flexibility. HTX continues to optimize users’ trading experience through refined products and phased incentives, empowering users to seize opportunities in dynamic market conditions.