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SnowSwap

SnowSwap

SNOW
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Stablecoin exchange protocol with low slippage

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Project Overview

SnowSwap is designed for low-slippage stablecoin swaps and is based originally on Curve's AMM. Our first pool for yVault stablecoins allowed traders to easily swap between different yEarn V1 vaults without paying withdrawal fees, and to exit positions cheaply by swapping into vaults with sufficiently large token reserves and then withdrawing.

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Morgan Stanley: Cloud Giants' Growth Rate Surges to 48%, DDOG and Others Face Test of High Expectations

According to TechFlow Research, Morgan Stanley's research report on August 6 pointed out that the combined growth rate of the three major cloud vendors in Q2 jumped from 39% to 48%, accelerating for five consecutive quarters. AWS grew 37% (fastest in 18 quarters), Azure increased 43%, and Google Cloud increased 82%. AWS's AI annualized revenue has exceeded $25 billion, with triple-digit growth. Azure's PostgreSQL revenue increased 55% (accelerating for three consecutive quarters), and Fabric paying customers exceeded 40,000, up 60%. Morgan Stanley believes AI consumption is driving core infrastructure demand, creating a positive backdrop for DDOG, SNOW, and MDB. However, expectations are also rising simultaneously. Market expectations for DDOG's Q2 growth rate are 35% to 36%, with valuation corresponding to approximately 69 times 2028 FCF; any signal below expectations could be amplified. Most of SNOW's consumption comes from AWS, and cloud acceleration is a positive signal for product revenue. MDB is unlikely to see an AI inflection point in the short term, but competitive pressure is increasing. Morgan Stanley maintains an Overweight rating on all three companies, with target prices of $300, $300, and $380 respectively. Whether demand exists no longer needs verification; the question the market needs to ask is whether demand is good enough to support current valuations.

HTX has listed SHAZ, GEV, SNOW, and APP perpetual contracts and launched a contract trading competition.

According to the official announcement, HTX listed SHAZ/USDT, GEV/USDT, SNOW/USDT, and APP/USDT perpetual contracts on July 13, with a maximum leverage of 10x for all. Additionally, HTX launched the SHAZ, GEV, SNOW, and APP contract trading competition from 15:00 on July 13 to 15:00 on July 20 (UTC+8), with a total prize pool of up to 20,000 USD. During the event, users who complete registration and participate in SHAZ/USDT, GEV/USDT, SNOW/USDT, and APP/USDT contract trading with a cumulative valid trading volume ≥ 1,000 USDT can share the prize pool based on their trading volume ranking; new contract users who complete contract trading of event tokens will also receive exclusive benefits.

Bybit Lists SNOW, GEV, VRT, PURR US Stock Perpetual Contracts Today

Bybit added 4 US stock perpetual contracts today: Snowflake (SNOWUSDT), GE Vernova (GEVUSDT), Vertiv Holdings (VRTUSDT), and Hyperliquid Strategies (PURRUSDT), supporting up to 20x leverage.

Binance Will List USDT Perpetual Contracts for Four US Stocks: GEV, VRT, SNOW, and APP

According to the official announcement, the Binance Futures platform will list the following USDⓈ-M TradFi perpetual contracts in batches on July 10, 2026: • 08:30 (UTC): GEVUSDT Perpetual Contract (tracking GE Vernova, NYSE: GEV) • 08:35 (UTC): VRTUSDT Perpetual Contract (tracking Vertiv Holdings, NYSE: VRT) • 08:40 (UTC): SNOWUSDT Perpetual Contract (tracking Snowflake, NYSE: SNOW) • 08:45 (UTC): APPUSDT Perpetual Contract (tracking Applovin, Nasdaq: APP) All four contracts are settled in USDT, with a maximum leverage of 25x, a funding rate cap of ±2%, settlement every eight hours, and support for 24/7 trading.

Bitget has launched USDT-margined CTR perpetual contracts and simultaneously listed the SNOW stock contract

Odaily reports, according to the official announcement, Bitget has now launched USDT-margined CTR perpetual contracts and SNOW (Snowflake Inc.) stock contracts, both supporting up to 20x leverage.

Related news

Morgan Stanley: Cloud Giants' Growth Rate Surges to 48%, DDOG and Others Face Test of High Expectations

According to TechFlow Research, Morgan Stanley's research report on August 6 pointed out that the combined growth rate of the three major cloud vendors in Q2 jumped from 39% to 48%, accelerating for five consecutive quarters. AWS grew 37% (fastest in 18 quarters), Azure increased 43%, and Google Cloud increased 82%. AWS's AI annualized revenue has exceeded $25 billion, with triple-digit growth. Azure's PostgreSQL revenue increased 55% (accelerating for three consecutive quarters), and Fabric paying customers exceeded 40,000, up 60%. Morgan Stanley believes AI consumption is driving core infrastructure demand, creating a positive backdrop for DDOG, SNOW, and MDB. However, expectations are also rising simultaneously. Market expectations for DDOG's Q2 growth rate are 35% to 36%, with valuation corresponding to approximately 69 times 2028 FCF; any signal below expectations could be amplified. Most of SNOW's consumption comes from AWS, and cloud acceleration is a positive signal for product revenue. MDB is unlikely to see an AI inflection point in the short term, but competitive pressure is increasing. Morgan Stanley maintains an Overweight rating on all three companies, with target prices of $300, $300, and $380 respectively. Whether demand exists no longer needs verification; the question the market needs to ask is whether demand is good enough to support current valuations.

ARK Invest Rebalances Portfolio: Trims Snowflake, Adds CoreWeave, Circle and More

Odaily News: ARK Invest trading data shows that on July 31, the ARK Innovation ETF (ARKK) sold 18,855 shares of Snowflake (SNOW), valued at approximately $5.5 million based on the latest closing price. Meanwhile, Cathie Wood has also recently reduced positions in Shopify, 10x Genomics, Figma, and Iridium Communications, while buying shares of CoreWeave, Circle, Pony AI, and Kodiak AI.As of July 31, the top ten holdings of the ARK Innovation ETF include: Tesla (TSLA) 9.42%, SpaceX 4.92%, Tempus AI 4.81%, CRISPR Therapeutics 4.66%, Coinbase 4.54%, Shopify 4.54%, AMD 3.96%, Circle 3.82%, Robinhood 3.54%, and 10x Genomics 3.43%. (TheStreet)

HTX has listed SHAZ, GEV, SNOW, and APP perpetual contracts and launched a contract trading competition.

According to the official announcement, HTX listed SHAZ/USDT, GEV/USDT, SNOW/USDT, and APP/USDT perpetual contracts on July 13, with a maximum leverage of 10x for all. Additionally, HTX launched the SHAZ, GEV, SNOW, and APP contract trading competition from 15:00 on July 13 to 15:00 on July 20 (UTC+8), with a total prize pool of up to 20,000 USD. During the event, users who complete registration and participate in SHAZ/USDT, GEV/USDT, SNOW/USDT, and APP/USDT contract trading with a cumulative valid trading volume ≥ 1,000 USDT can share the prize pool based on their trading volume ranking; new contract users who complete contract trading of event tokens will also receive exclusive benefits.

Bybit Lists SNOW, GEV, VRT, PURR US Stock Perpetual Contracts Today

Bybit added 4 US stock perpetual contracts today: Snowflake (SNOWUSDT), GE Vernova (GEVUSDT), Vertiv Holdings (VRTUSDT), and Hyperliquid Strategies (PURRUSDT), supporting up to 20x leverage.

Binance Will List USDT Perpetual Contracts for Four US Stocks: GEV, VRT, SNOW, and APP

According to the official announcement, the Binance Futures platform will list the following USDⓈ-M TradFi perpetual contracts in batches on July 10, 2026: • 08:30 (UTC): GEVUSDT Perpetual Contract (tracking GE Vernova, NYSE: GEV) • 08:35 (UTC): VRTUSDT Perpetual Contract (tracking Vertiv Holdings, NYSE: VRT) • 08:40 (UTC): SNOWUSDT Perpetual Contract (tracking Snowflake, NYSE: SNOW) • 08:45 (UTC): APPUSDT Perpetual Contract (tracking Applovin, Nasdaq: APP) All four contracts are settled in USDT, with a maximum leverage of 25x, a funding rate cap of ±2%, settlement every eight hours, and support for 24/7 trading.

Bitget has launched USDT-margined CTR perpetual contracts and simultaneously listed the SNOW stock contract

Odaily reports, according to the official announcement, Bitget has now launched USDT-margined CTR perpetual contracts and SNOW (Snowflake Inc.) stock contracts, both supporting up to 20x leverage.