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X-Agent: The next step for OPC is to enable the Agent to proactively invoke capabilities

X-Agent stated in a recent article that with the help of AI programming tools, "Vibe Coding" is significantly lowering the barriers to software development, allowing a developer to complete work that previously required small product and engineering teams in a short time. However, for a one-person company like OPC, what is truly scarce is not productivity, but demand, trust, and distribution. Being able to quickly create a demo does not mean it will enter the real workflow of users or other Agents.X-Agent indicated that compared to building a complete SaaS from scratch, which includes a website, login, backend, subscription, and customer service system, developers can start with a clear, practical, and callable capability. They can encapsulate data analysis, market research, automated processes, or AI tools as MCP services, enabling Agents to understand what they can do, when to call them, what inputs are needed, and what results will be returned. This is also the focus of the X-Agent AI MCP Hackathon, which is not about competing to build the most complex MCP Server, but rather about helping developers upgrade real and usable APIs, tools, or services into Agent-native services with clear capability boundaries, stable interfaces, verifiable deployments, and ongoing productization potential.X-Agent believes that the most important aspect of the Agent economy is not "service launch," but making services reliable enough to be discovered, trusted, and repeatedly called by other Agents. For OPC, the real advantage is not stacking more features, but capturing market signals faster than large companies and transforming professional capabilities into digital services that can continuously generate value.

The "inflation thunder" will be revealed on the eve of Jackson Hole! The core PCE in July may rise to 3.3%, and the expectation of interest rate hikes in September is heating up

At 20:30 Beijing time tonight, the U.S. Department of Commerce will release the July Personal Consumption Expenditures (PCE) price index. The market expects the overall PCE in July to rise by 0.1% month-on-month, with the year-on-year increase falling from 3.7% in June to 3.6%; the core PCE is expected to rise from 0.1% to 0.2% month-on-month, while year-on-year it remains at 3.3%, marking the 65th consecutive month above the Federal Reserve's 2% inflation target.It is noteworthy that rising prices in the AI industry chain, high valuations in the stock market pushing up portfolio management fees, and the situation in the Middle East leading to increased energy costs may all become potential drivers of core inflation. Goldman Sachs predicts that stock market valuation factors alone could contribute approximately 0.11 percentage points to the month-on-month increase in core PCE for July.What draws more market attention is that the Bureau of Economic Analysis plans to comprehensively adjust the PCE statistical methods by the end of September, which may involve adjustments to the price calculations for categories such as computer hardware, stock portfolio management, and legal services, and may also retroactively revise historical data, increasing the difficulty of interpreting inflation data.Currently, the market's views on the Federal Reserve's policy path in September are increasingly divided. CME's "FedWatch" shows that the probability of the Federal Reserve keeping interest rates unchanged in September is 59.9%, while the probability of a 25 basis point rate hike has risen to 40.1%. The market is also waiting for this week's Jackson Hole annual meeting to seek the latest signals from Fed Chair Powell regarding inflation and subsequent interest rate policies.

first_img HPC Report: Perpetual contracts are a supplement to futures contracts rather than a replacement, achieving risk transfer at a lower cost

The latest research report from the Hyperliquid Policy Center (HPC) states that perpetual contracts expand hedging options and improve price discovery, with no evidence found of statistically significant harm to the benchmark futures market. The report argues that perpetual contracts are complementary to traditional futures with expiration dates, rather than zero-sum substitutes.The study utilizes the natural experiment of traditional markets being closed on weekends while perpetual markets continue trading, comparing 205 weekends of Bitcoin trading and 19 weekends of on-chain crude oil perpetual (xyz:CL) samples. The report states that expiring futures require calendar-based forced rollovers, with the cost of rolling a $10 million exposure on the Monday of April 2026 being about $950,000, while on Friday it is about $110,000; perpetual positions do not have this forced cost. The median transaction price for on-chain crude oil perpetual during non-trading hours is about $1,300, approximately one percent of the benchmark WTI median transaction price.HPC also provides an example where the crude oil weekend repricing on the week of March 6, 2026, was 15.8%, with the benchmark market completely closed; if hedged through on-chain crude oil perpetual, a $10 million position loss could be reduced from about $1.58 million to approximately $62,000 (after accounting for all costs).

hot_img Upstream raw material supply is tight, PCB manufacturers are preparing for a new round of price increases in the second half of the year

Due to the tight supply of upstream materials such as copper foil substrates and semi-cured sheets, along with continuously rising costs, the price increase trend in the PCB industry continues. Manufacturers such as Kinwong, JINGPENG, Dingying Investment Holdings, and YaoHua have already raised their quotes by approximately 5% to 30% this year, with the benefits of these price increases gradually becoming apparent starting from the third quarter.Industry insiders point out that major CCL manufacturers have raised their product prices by about 20% to 30% in the first half of the year, and there will still be pressure for price increases in the second half of the year through 2027. The supply of high-end electronic fabrics is also tight, with the supply-demand gap for Low DK second-generation fabrics estimated to exceed 60%, and the upward trend may continue until the first half of 2027. The IC substrate market is also continuing the price increase trend, with demand for AI GPUs and ASICs driving prices up, and there is still double-digit room for price increases in the third and fourth quarters, benefiting companies like Unimicron, Kinsus, and Nan Ya. PCB manufacturers indicate that they will adjust prices in a timely manner based on changes in material costs in the second half of the year.
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