DeFi & L1L2 Weekly — 📈 Solana’s weekly fees outpaces Ethereum's; Lido approves permissionless ETH staking with mi…
DeFi & L1L2 Weekly — 📈 Solana’s weekly fees outpaces Ethereum's; Lido approves permissionless ETH staking with minimum collateral of 2.4 ETHSolana hits a new high in weekly fees, outpacing Ethereum’s. Lido DAO approves vote for permissionless ETH staking with minimum collateral of 2.4ETH. Uniswap collabs with Across for cross-chain swaps.Weekly DeFi IndexThe market capitalisation and volume indices were negative at -4.01% and -2.28%, respectively, while the volatility index grew by +97.74%. Chart of the WeekAccording to DefiLlama, Solana (SOL) reached US$25.18 million in fee revenue last week, making it the highest weekly fees recorded. The network also generated its highest real economic value (REV) of $11.1 million on 24 October 2024, which comprises on-chain transaction fees and Maximum Extractable Value (MEV) tips, according to data from Blockworks Research. The main driver behind Solana’s surging fees is the growing demand for Jito tips and priority fees, propelled by traffic surges from meme coin trading on platforms like Pump.fun and Moonshot. News Highlights
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DeFi & L1L2 Weekly — 📈 DEX vs CEX spot trading volume ratio reaches its second highest level; Bittensor upgrade e…
Wednesday, October 23, 2024
DEX vs CEX volume ratio reaches its second-highest level. Bittensor upgrade enables Ethereum compatibility. World Network launches Layer-2 blockchain, World Chain. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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Sunday, October 20, 2024
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DeFi & L1L2 Weekly — 💸 14.6% of Polymarket wallets have profited; Uniswap Labs unveils its own Layer-2 network
Sunday, October 20, 2024
14.6% of Polymarket wallets have made profits. Uniswap Labs unveils its own Layer-2 network. Avalanche negotiates to repurchase 1.97 million AVAX from Terra's LFG. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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Saturday, October 5, 2024
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DeFi & L1L2 Weekly - 📉 Pump.fun’s revenue plummets; Societe Generale’s subsidiary is launching Euro stablecoin on…
Wednesday, September 25, 2024
Pump.fun's revenue plummets. Societe Generale's subsidiary is launching a Euro stablecoin on Solana. Solana Labs and Google Cloud collaborate on a web3 gaming API. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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