PrimapesDAOAlpha Report: Hyperliquid
The next generation of decentralized perps. - by 0xtiagoA Layer1 specific app chain designed for optimal performance on decentralized futures trading.As 2022 was a year marked by failures from centralized players in the crypto industry, along with a brutal bear market. The demand for decentralized infrastructure was only growing, especially after the gargantuan fraud that was FTX, the second largest derivatives exchange in the whole crypto industry. Perpetual DEXes have lived their mini bull ...
PrimapesDAOAlpha Report: Hyperliquid 2
Evolving into more than a perp DEX. - by 0xtiagoHow Hyperliquid is evolving into a hyper-performant L1The team’s background comes from HFT market-making firms. Jeff Yan, Hyperliquid’s founder, stated that he and his team founded Hyperliquid with the ambition of bringing a CEX-like experience on-chain. Think of Binance, but decentralized and everything verifiable on-chain. Enter Hyperliquid. If you’re new to Hyperliquid, we did a report a year ago that you can check out here. A lot has changed...
PrimapesDAOAlpha Report: Curvance
A new way to earn yield and unlock the full power of your liquidity. - by EvixAn Omnichain Lending Protocol Optimized for YieldDebt is a very powerful tool in tradFi/DeFi. However, one of the common problems that DeFi users have to face is the inability to use the liquidity provided in the ecosystem to take out loans. In most cases, they have to make concessions which results in capital inefficiency within DeFi. Curvance therefore aims to unlock this "inefficient" liquidity by positioning its...
Home of the Arbitrum Alpha Hub For degens, builders, traders, and DeFi-oors.
PrimapesDAOAlpha Report: Hyperliquid
The next generation of decentralized perps. - by 0xtiagoA Layer1 specific app chain designed for optimal performance on decentralized futures trading.As 2022 was a year marked by failures from centralized players in the crypto industry, along with a brutal bear market. The demand for decentralized infrastructure was only growing, especially after the gargantuan fraud that was FTX, the second largest derivatives exchange in the whole crypto industry. Perpetual DEXes have lived their mini bull ...
PrimapesDAOAlpha Report: Hyperliquid 2
Evolving into more than a perp DEX. - by 0xtiagoHow Hyperliquid is evolving into a hyper-performant L1The team’s background comes from HFT market-making firms. Jeff Yan, Hyperliquid’s founder, stated that he and his team founded Hyperliquid with the ambition of bringing a CEX-like experience on-chain. Think of Binance, but decentralized and everything verifiable on-chain. Enter Hyperliquid. If you’re new to Hyperliquid, we did a report a year ago that you can check out here. A lot has changed...
PrimapesDAOAlpha Report: Curvance
A new way to earn yield and unlock the full power of your liquidity. - by EvixAn Omnichain Lending Protocol Optimized for YieldDebt is a very powerful tool in tradFi/DeFi. However, one of the common problems that DeFi users have to face is the inability to use the liquidity provided in the ecosystem to take out loans. In most cases, they have to make concessions which results in capital inefficiency within DeFi. Curvance therefore aims to unlock this "inefficient" liquidity by positioning its...
Home of the Arbitrum Alpha Hub For degens, builders, traders, and DeFi-oors.
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The weekly 🐰 hole (11 June 23) of liquidity movement & DeFi analysis - by zj.valz
Welcome to the weekly 🐰 hole (11 June 23) of liquidity movements & DeFi analysis, where we uncover key trends and insights into the top protocols and hidden gems.
Sigh…the market is puking again… maybe it’s time to hand in those McDonald's recruitment forms my fellow degens.
Stablecoin flows
Smart Money Movement
Top L1/L2 Financials
Top DAPP Financials
Movement Analysis
TLDR
Total Stablecoin MCAP = 128.19 bil, with -0.73% weekly change.
ThunderCore
Polygon zkEVM
zkSync Era
Ontology
Moonriver
Kardia
Telos
TomoChain
Kava
Wanchain
Cr: @ozfrox
USDT
Coinbase Wrapped Staked ETH
stETH
Matic
Wrapped BTC
Wrapped ETH
USDC
TAI reflex index
Dai
Balancer
Frax
Coinbase Wrapped Staked ETH
eUSD
wstETH
Wrapped ETH (Polygon)
Wrapped ETH (Arbitrum)
Wrapped ETH
Aave USDC
Tai reflex index
Balancer
Wrapped ETH (Polygon)
ETH
BNB
Arbitrum
Optimism
Solana
ETH
Tron
BSC
Avalanche
Arbitrum
Tron
BNB
BTC
Polygon
ETH
ETH
Polkadot
Cosmos
Solana
BTC
ETH
Polkadot
Solana
Cosmos
BTC
Lido
Uniswap
Pancakeswap
GMX
Level Finance
Pancakeswap
Lido
Convex Finance
Metamask
Level Finance
Relative valuation of protocols (Lower the no. the “better”)
El Dorado Exchange
Equilibre
Equalizer Exchange
Level Finance
Mummy Finance
FDV Mcap/Annualized Revenue (Take this metric with a pinch of salt as revenue figs used could be annualized and not actual revenues earned)
El Dorado Exchange
Equilibre
Equalizer Exchange
Level Finance
X2Y2
Cumulative revenue attributable to holders 24 Hours
GMX
Synthetix
Convex Finance
Pancakeswap
Level Finance
Pancakeswap
Uniswap
Stargate
0x
Metamask
HyperPlay
Taiko
Lens Protocol
Informal Systems
Argus
Total stablecoin market cap continues its downtrend this week at -0.55%. However, despite the recent SEC lawsuit wave, this drop is relatively muted, which could indicate that crypto natives view this as a nothing burger.
zk-rollup chains like Polygon zkEVM,zkSync Era and StarkNet continue to attract significant stablecoin flows despite the current regulatory uncertainty.
Kardia, Telos and TomoChain saw the largest stablecoin outflows.
Smart money is playing relatively defensively, with large conversions into USDT and the continued accumulation of ETH and its derivatives.
Smart money started buying $OX from OPNX, a new crypto exchange started by previous 3AC founders Su Zhu and Kyle Davies.
zkSync’s TVL is the only one in the green this week as it continues to grab market share from existing optimistic rollups like Arbitrum and Optimism.
Perp dexes like GMX and Level Finance rakes in fees as trading volatility spike with the recent market dump.
~17.8 billion worth of $ETH has been locked in LSD protocols, and the growth shows no sign of stopping. LSD aggregators/swaps/black holes could reap the benefits of this burgeoning asset class.
Alpha drop by @apes_prologue.
LSDfi summer is primed to take off. I would spend some time now identifying protocols that provide a unique product-market fit in this burgeoning asset class.
Institutions continue to adopt blockchain technology despite the current regulatory uncertainty. If you are getting weak-handed now, you are NGMI.
P.s. I may have positions in the projects discussed in this article. Please note that this article is not intended as financial advice, and I encourage readers to conduct their own due diligence and ape responsibly.
That’s it Anon, hope you enjoyed the 🐰hole this week.
Follow me @zec_jay on Twitter or subscribe to this substack for more weekly deep dives.
Source:
https://defillama.com/stablecoins
Measure and evaluate Blockchains and Dapps through traditional financial metrics. Token Terminal is a Crypto Analytics Platform with Advanced Metrics & Tools.
chainEDGE makes following the world's best crypto traders easy. Follow our programtically curated top crypto traders to find emerging trades across the Ethereum, Arbitrum, Optimism, Binance Smart Chain, Polygon, Avalanche and Fantom chains.
Track total value secured across Ethereum scaling solutions.
Credits:
The weekly 🐰 hole (11 June 23) of liquidity movement & DeFi analysis - by zj.valz
Welcome to the weekly 🐰 hole (11 June 23) of liquidity movements & DeFi analysis, where we uncover key trends and insights into the top protocols and hidden gems.
Sigh…the market is puking again… maybe it’s time to hand in those McDonald's recruitment forms my fellow degens.
Stablecoin flows
Smart Money Movement
Top L1/L2 Financials
Top DAPP Financials
Movement Analysis
TLDR
Total Stablecoin MCAP = 128.19 bil, with -0.73% weekly change.
ThunderCore
Polygon zkEVM
zkSync Era
Ontology
Moonriver
Kardia
Telos
TomoChain
Kava
Wanchain
Cr: @ozfrox
USDT
Coinbase Wrapped Staked ETH
stETH
Matic
Wrapped BTC
Wrapped ETH
USDC
TAI reflex index
Dai
Balancer
Frax
Coinbase Wrapped Staked ETH
eUSD
wstETH
Wrapped ETH (Polygon)
Wrapped ETH (Arbitrum)
Wrapped ETH
Aave USDC
Tai reflex index
Balancer
Wrapped ETH (Polygon)
ETH
BNB
Arbitrum
Optimism
Solana
ETH
Tron
BSC
Avalanche
Arbitrum
Tron
BNB
BTC
Polygon
ETH
ETH
Polkadot
Cosmos
Solana
BTC
ETH
Polkadot
Solana
Cosmos
BTC
Lido
Uniswap
Pancakeswap
GMX
Level Finance
Pancakeswap
Lido
Convex Finance
Metamask
Level Finance
Relative valuation of protocols (Lower the no. the “better”)
El Dorado Exchange
Equilibre
Equalizer Exchange
Level Finance
Mummy Finance
FDV Mcap/Annualized Revenue (Take this metric with a pinch of salt as revenue figs used could be annualized and not actual revenues earned)
El Dorado Exchange
Equilibre
Equalizer Exchange
Level Finance
X2Y2
Cumulative revenue attributable to holders 24 Hours
GMX
Synthetix
Convex Finance
Pancakeswap
Level Finance
Pancakeswap
Uniswap
Stargate
0x
Metamask
HyperPlay
Taiko
Lens Protocol
Informal Systems
Argus
Total stablecoin market cap continues its downtrend this week at -0.55%. However, despite the recent SEC lawsuit wave, this drop is relatively muted, which could indicate that crypto natives view this as a nothing burger.
zk-rollup chains like Polygon zkEVM,zkSync Era and StarkNet continue to attract significant stablecoin flows despite the current regulatory uncertainty.
Kardia, Telos and TomoChain saw the largest stablecoin outflows.
Smart money is playing relatively defensively, with large conversions into USDT and the continued accumulation of ETH and its derivatives.
Smart money started buying $OX from OPNX, a new crypto exchange started by previous 3AC founders Su Zhu and Kyle Davies.
zkSync’s TVL is the only one in the green this week as it continues to grab market share from existing optimistic rollups like Arbitrum and Optimism.
Perp dexes like GMX and Level Finance rakes in fees as trading volatility spike with the recent market dump.
~17.8 billion worth of $ETH has been locked in LSD protocols, and the growth shows no sign of stopping. LSD aggregators/swaps/black holes could reap the benefits of this burgeoning asset class.
Alpha drop by @apes_prologue.
LSDfi summer is primed to take off. I would spend some time now identifying protocols that provide a unique product-market fit in this burgeoning asset class.
Institutions continue to adopt blockchain technology despite the current regulatory uncertainty. If you are getting weak-handed now, you are NGMI.
P.s. I may have positions in the projects discussed in this article. Please note that this article is not intended as financial advice, and I encourage readers to conduct their own due diligence and ape responsibly.
That’s it Anon, hope you enjoyed the 🐰hole this week.
Follow me @zec_jay on Twitter or subscribe to this substack for more weekly deep dives.
Source:
https://defillama.com/stablecoins
Measure and evaluate Blockchains and Dapps through traditional financial metrics. Token Terminal is a Crypto Analytics Platform with Advanced Metrics & Tools.
chainEDGE makes following the world's best crypto traders easy. Follow our programtically curated top crypto traders to find emerging trades across the Ethereum, Arbitrum, Optimism, Binance Smart Chain, Polygon, Avalanche and Fantom chains.
Track total value secured across Ethereum scaling solutions.
Credits:
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