opbnb

据 Bitwise 现货以太坊 ETF 官网显示，其已披露 Bitwise 现货以太坊 ETF 的 ETH 持仓地址（截至 7 月 23 日）为：
0xa15c9d4aF12d42c612D5a7445d76f5cC3aC92A69；0xEd9258097cC80e1E6eBF2c9B132Eb135C81bb4eF；0x3339AAD5f1a0CC95d6Dee6DDF10b444F080c7cB5；0x7716d9e70779ee3d2580DccA818521A85E59eec8；0x6F28ebf3170AA00Bfdf7131A4635a04976c657Ed。 #opbnb

Uniswap: Leading the Charge in the World of Decentralized ExchangesThe decentralized exchange (DEX) Uniswap has recently achieved a significant milestone, recording an astounding all-time high trading volume of over $100 billion in October. This achievement signifies a remarkable trend that extends beyond just growth – it's about Uniswap surpassing established centralized exchanges such as Coinbase.Uniswap's Dominance in the DEX SectorIn October, Uniswap reached an all-time high with trading volumes exceeding $100 billion. But this isn't just a one-time wonder; it's part of a larger movement highlighting the increasing preference for decentralized exchanges over their centralized counterparts.In the second quarter of 2023, Uniswap dominated the DEX landscape, accounting for a remarkable 66.1% of the total spot trading volume among DEXs. This impressive presence underscores Uniswap's central role in elevating the DEX market, which recorded a cumulative trading volume of $189 billion in the same quarter.Uniswap vs. Coinbase: A Changing LandscapeComparing Uniswap's performance to Coinbase throughout 2023 illustrates a dynamic shift. In Q2 of 2023, Uniswap facilitated approximately $110 billion in trades, outpacing Coinbase, which trailed at nearly $90 billion. The previous quarter showed a similar trend, with Uniswap leading at $155 billion against Coinbase's $145 billion.Innovation and Community EngagementUniswap's success goes beyond trading volumes. The platform is continually enhancing its features. The upcoming Uniswap v4 will introduce "hooks," allowing for greater customization in liquidity pools. Moreover, Uniswap is streamlining its pools within a single contract to optimize gas usage.Additionally, Uniswap is expanding its reach by launching a closed beta Android version of its wallet, with open-source code expected soon. However, not everything has been smooth sailing. Uniswap recently adjusted its swap fees to 0.15%, sparking mixed reactions in the community and contributing to the recent price drop of the UNI token.Rising Adoption and Volume in DEXsUniswap's achievements are part of a broader trend in the world of DEXs. Several factors are driving this surge, from increased regulatory scrutiny to improved user experiences and greater control over personal funds.The user experience on DEXs has notably improved, especially when it comes to swapping assets. With the maturation of cross-chain technology, decentralized platforms are becoming more secure, transparent, and user-friendly. Transactions can occur without the involvement of a centralized entity, aligning perfectly with the ethos of decentralization.Furthermore, tightening regulations for centralized exchanges (CEXs) have been evident in recent actions by regulatory bodies like the SEC against platforms such as Binance and Coinbase. In response to these developments, trading volumes on DEXs have surged. Users are increasingly gravitating towards decentralized trading platforms, which are generally perceived as less susceptible to regulatory actions.Innovation and ControlInnovation plays a pivotal role in the growing adoption of DEXs. These platforms focus on offering better pricing and lower gas fees, among other user-centric features. By addressing issues related to liquidity, user experience, and market fragmentation, DEXs are becoming increasingly appealing to traders and investors.One of the most significant advantages DEXs hold over CEXs is the control they give users over their own funds. Decentralization is a fundamental principle of blockchain technology, and DEXs embody this fully. Users can manage their assets without needing to trust them to a third party, in stark contrast to the custodial nature of centralized platforms.In ConclusionThe surge in trading volumes and the growing adoption of decentralized exchanges like Uniswap are the result of a combination of factors. While centralized exchanges are far from becoming obsolete, the current trends paint a picture of a dynamic and evolving cryptocurrency trading landscape where the role of DEXs is increasingly significant. As Uniswap's performance demonstrates, the future of trading might be decentralized.#crypto2023 #uniswap #ETH #cryptocurrency #opbnb

[Final Sprint Stage] KiloEx is #opbnb ’s first public airdrop, and coins may be issued soon.
KiloEx is one of the 4 projects invested by #BinanceLabs in the sixth quarter, 2 of which have been listed on Binance, which can be said to have unlimited potential. The project is not very complicated, basically up to Da Mao’s standards, and everyone has a chance.
Let’s take a look at the last step, how to maximize benefits, [Wealth Password, recommended collection], the tutorial is as follows 👇

1. Project Introduction

#KiloEx is one of the projects invested in the sixth season of Binance Labs MVB. It is a perpetual contract DEX on the BNB system.

Bitcoin News announced on X that David Bailey, CEO of Bitcoin Magazine, raised $1 billion for Trump at a Bitcoin conference roundtable meeting.
#opbnb

According to CoinGecko data, the total market value of cryptocurrencies is $23.74 trillion, with a 24-hour increase of 5.7%. In addition, BTC market share is 51% and ETH market share is 17.1%.
According to Coinglass data, in the past 24 hours, there have been liquidations of $749 million across the network, with short positions liquidated at $405 million and long positions liquidated at $344 million. Bitcoin liquidations amounted to $292 million and ETH liquidations amounted to $122 million.
#opbnb

##opbnb $BTC #BTC $SOL $ETH #crypto2023 EASY WAYS TO RETRIEVE YOUR LOST CRYPTO.ASSETS FOLLOW ,COMMENT AND PM.

According to Hong Kong media Hong Kong 01, it was found that the suspected fraudulent virtual asset trading platform "HOUNAX" was originally named "NC Block Chain Group Limited". There is a company with the same name in Hong Kong, formerly known as "Jiubi", which was established in 2017. The related companies involved "cross-border e-commerce" companies in Singapore, Malaysia, and Cambodia. The shareholder and director of the company is named "DENG Shijie" and reported to live in a rural address in Qiyang County, Hunan Province. The county has now been upgraded to a county-level city. The company's secretary, Chen Yaohui, is also a director of "Unimall E-commerce Group (Hong Kong) Co., Ltd." (Unimall Group (HK) Limited). According to previous disclosures by the Hong Kong police, as of 4 pm this Monday, 145 people reported the "HOUNAX" fraud case, and the total loss amount increased to more than 148 million yuan.

Yu Xian, the founder of Slow Mist, posted on the We don’t pay much attention to this thing...but maybe people involved in the Bitcoin ecosystem will value this, after all, the CVE number is one of the most well-known vulnerability proofs in the security industry.”
Earlier news, Bitcoin Core client developer Luke Dashjr said that the Bitcoin Core client vulnerability exploited by Inscription was assigned the identifier CVE-2023-50428. #opbnb

Coingecko market data shows that the total market capitalization of AI Meme tokens has surpassed 10 billion USD, currently reported at 10.88 billion USD, with a 24-hour increase of 25.2%, and the 24H trading volume is temporarily reported at 2.32 billion USD. #opbnb

Hudson Shoes official website offers 50% off Holbrook lace-up boots, now priced at £65 (original price £129). Free delivery within the UK for orders over £70. Holbrook boots are classic in design and built to last. This boot features soft leather, leather lining, and sturdy quick hook detail for comfort. #opbnb

Bitcoin traders are predicting that the largest cryptocurrency could drop to as low as $50,000 in the coming weeks due to billions of dollars worth of selling pressure. The recent prospect of bitcoins from defunct crypto exchange Mt. Gox and the German government hitting exchanges has caused BTC prices to fall over 10% in the past seven days. The market expects most Mt. Gox users to sell their tokens, potentially pushing the price down to the $50,000 level. However, if the selling is lower than anticipated, there may be a bounce back in prices.
#opbnb

Decentralized finance (DeFi) protocols play an integral role in user activity on blockchains today. For example, decentralized exchanges (DEXs) now constitute a significant percentage of overall crypto trading volume and are typically the primary source of user-generated transaction fees for smart contract platforms and their node operators. In 2024, memecoin trading has grown into a dominant driver of user attention and onchain activity, further underscoring the utility of DEXs and other DeFi protocols that provide permissionless access to core financial services.
One of the key challenges for DeFi protocols is the retention of user capital, which serves a vital role in the product experience for other users. On DEXs, deep liquidity enables tighter price spreads and lower slippage for trades. On lending protocols, more liquidity means more attractive rates for borrowers and better capital efficiency for lenders. Liquidity also has a self-perpetuating effect; lower trading fees and borrowing costs attract more volume, generating higher yields for liquidity providers (LPs), which in turn attracts more liquidity, further reducing user costs, and so on. Today’s DeFi landscape is more competitive than ever, with different ecosystems constantly vying for liquidity fractured across protocols and blockchains. In this report, we explore the state of the Avalanche AVAX
+0.74%
DeFi ecosystem, currently bolstered by the Avalanche Foundation’s BOOST campaign intended to incentivize DeFi liquidity throughout the ecosystem.
BOOST Campaign
The BOOST campaign is an incentive program designed to reward users and LPs across key DeFi protocols in the Avalanche ecosystem. Protocols participating in the program include the DEXs Trader Joe, GMX, and Pharaoh, and WooFi,  the Benqi lending protocols Aave and Benqi, and the DeltaPrime leveraged yield farming protocol. Each protocol manages individual strategies for the distribution of AVAX token incentives provided by the Avalanche Foundation through the BOOST campaign, which began in July 2024 and is expected to last through October.
The BOOST campaign is reminiscent of the Avalanche Rush incentive program launched back in August 2021, which played a major role in pushing the Avalanche ecosystem’s TVL to its all-time high (ATH) of ~$11.4 billion in November 2021. Earlier this year, the Avalanche Foundation launched the Memecoin Rush incentive program that specifically targeted memecoin liquidity, whereas the BOOST program is catered more towards improving liquidity for well-established assets like BTC.b, USDC, USDT, etc. As of this writing, TVL on Avalanche sits at ~$980 million, up by ~$137 million since the start of 2024 and down slightly from its year-to-date (YTD) peak of ~$1.27 billion.

Since the beginning of July, TVL has risen by ~$249 million for a gain of ~34%, suggesting that the BOOST campaign has had a positive effect on the Avalanche ecosystem’s overall liquidity. TVL is also up by ~22% when denominated in AVAX over this period, implying that the liquidity increase is likely due to an influx of capital rather than the price appreciation of existing liquidity alone.
Lending & Yield Aggregation
TVL in the Avalanche ecosystem is largely dominated by its two largest lending protocols, Aave V3 and Benqi, which collectively make up ~63% of overall TVL. Aave initially distributed BOOST rewards in select lend/borrow markets for a limited period in late July, which are slated to return in the coming weeks, while Benqi has continued to offer both lender and borrower incentives as of this writing. The effect of these contrasting strategies is clear when comparing TVL growth between the two protocols in recent months. Since the beginning of July, Aave’s TVL has increased by ~34%, while Benqi’s has increased by ~54% over the same period, highlighting the impact of incentives on capturing liquidity.
Incentivized liquidity in lending markets can also create a trickle-down effect for yield aggregators and leveraged farming protocols, which typically allow users to further increase their effective yield by borrowing against their incentivized, yield-bearing assets and re-depositing them via automated “looping” strategies. For instance, Yield Yak takes advantage of Benqi’s BOOST participation to maximize native yield from lending, as well as the incentivized yield from both borrowing and lending. As a BOOST partner, DeltaPrime is able to maximize net yields for users even further by offering additional AVAX incentives for depositors in its leveraged farming strategies.

This multi-layer incentive structure has been especially beneficial for DeltaPrime, which has seen its TVL grow by ~179% since the start of July as of this writing. It is worth noting that while leveraged farming protocols contribute to deeper liquidity within DeFi ecosystems, they also introduce additional risks for users due to the use of leverage and the integration of multiple protocols, each with its own underlying safety assumptions. Recently, on September 16th, DeltaPrime’s Arbitrum deployment was exploited for ~$6 million due to a private key compromise, incurring losses for users who would have otherwise been unaffected if they had only used the underlying protocols. Thus far, the exploit does not seem to have impacted DeltaPrime on Avalanche, which has a time lock on contract owners as an extra safety feature.
DEXs
Aside from lending protocols, perhaps the most important sources of liquidity in the Avalanche ecosystem are its DEXs, which are essential for facilitating trading both on the C-Chain and on Avalanche subnets. Trader Joe is the most dominant DEX in the Avalanche ecosystem in terms of both liquidity and volume and is a key participant in the ongoing BOOST program. AVAX rewards are distributed to LPs for select pools on Trader Joe and are adjusted weekly in terms of amount and pool allocation.

Based on on-chain data visualized in the chart above, we can see that Trader Joe has distributed an average of ~3082 AVAX, equivalent to ~$75.4K per week in BOOST incentives since the start of the program in early July. This amounts to a total of ~33.9K AVAX, or ~$830k, in incentives distributed to LPs on the platform thus far. Incentives were initially allocated to 13 liquidity pools in the first week of the program and have since been expanded to 19 pools, including stablecoins, wrapped L1 tokens, liquid-staking tokens (LSTs), and long-tail assets. The Trader Joe team’s strategy for the BOOST campaign is centered around incentivizing its concentrated liquidity pools, with rewards only accruing to positions within active price ranges. In theory, this encourages LPs to set tighter price ranges for liquidity, which should result in lower slippage for users as well.

Trader Joe’s BOOST incentives are mostly targeted at stablecoin pairs, with the USDT-USDC pool receiving the largest allocation of AVAX for the week of September 16th. The five pools receiving the 2nd-largest allocation for the week include two stablecoin pairs (AUSD-USDT and AUSD-USDC), two BOOST participant token pairs (QI-AVAX and JOE-AVAX), and one memecoin pair (COQ-AVAX). Agora Dollar (AUSD) is a fiat-backed stablecoin launched by the asset-tokenization protocol Agora and has already grown to a market cap of ~$21 million in the Avalanche ecosystem since deploying there on August 27th, thanks in part to its partnership with Trader Joe and Benqi. If we break down Trader Joe’s BOOST distribution further from the perspective of rewards yield, we can see how Trader Joe’s strategy also aims to support the growth of key tokens in the ecosystem that have relatively less liquidity.
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Among pools with at least $100K in liquidity (thus excluding low-liquidity memecoins), the AVAX-BTC.b and sAVAX-AVAX pairs are receiving the most incentives relative to pool liquidity for the week of September 16th. This points to a deliberate effort to improve liquidity for liquid-staked AVAX (sAVAX) and Bitcoin (BTC.b) in the Avalanche ecosystem. Overall, the BOOST campaign appears to have been beneficial for liquidity on Trader Joe, with TVL growing by ~$27.3 million since the start of July, for a gain of ~38%.

GMX, another popular DEX on Avalanche, has also benefited from its participation in the BOOST campaign over the past ~2.5 months. GMX offers AVAX incentives for 10 liquidity pools on its platform, in addition to reduced trading fees for the duration of the program. Since the start of July, TVL in GMX has grown by ~$16.6 million for a gain of ~32%.

One of the smaller exchanges in the Avalanche ecosystem, Pharaoh, has seen an outsized benefit from incentivizing liquidity through the BOOST program. Although its current TVL of ~$15.9 million is several times lower than Trader Joe’s, it has grown by ~$14.3 million for a gain of ~863% since July alone. Pharaoh represents an interesting case where incentives can be especially effective due to the exchange’s lesser popularity in the ecosystem, which likely received a boost from its partnership with the Avalanche Foundation as well.
Taking a look at monthly volumes across spot DEXs on Avalanche also reveals that Pharaoh has been able to grow its market share from just ~1.2% in January to a high of ~9.4% in July and ~8.2% in August. As of now, Trader Joe continues to dominate the market in terms of trading volumes, reaching consecutive YTD highs of ~68.4% and ~73.8% in July and August, respectively.

Monthly DEX volumes in the Avalanche ecosystem remain well below their March peak of ~$9.3 billion, but August’s total of ~$2.8 billion marks the highest monthly volume since the start of Q2 2024, which can likely be attributed to the BOOST program’s liquidity incentivization beginning in July, at least in part. One DEX that appears to have been negatively impacted by the increased trading volume on Avalanche C-Chain is Dexalot, which runs on its own Avalanche subnet.

In June, DEX volumes on Dexalot reached a peak of ~$478 million, surpassing all other DEXs on Avalanche C-Chain with the exception of Trader Joe. With the launch of the BOOST campaign in July, Dexalot’s volumes have since declined noticeably, with a total of ~$398 million in July and ~$195 million in August. In this case, the recent shift in user attention to C-Chain DEXs may have played a role in this decline, which is further exacerbated by the fragmentation of liquidity between C-Chain and the Dexalot subnet. Still, Dexalot’s ability to maintain relatively high DEX volumes in the past few months - with the help of ongoing incentives from the Avalanche Foundation and Benqi - is an indication that subnets may start to play a larger role in the broader Avalanche ecosystem in the future.
Stablecoins
One final indicator worth examining is the supply of stablecoins in the Avalanche ecosystem. Since the beginning of July, Avalanche’s stablecoin market cap has grown from ~$1.69 billion to ~$2.14 billion as of this writing for a gain of ~27%, or ~$458 million.

This growth is a notable sign of new capital inflows to the Avalanche ecosystem, given that USD-backed stablecoins like USDT and USDC are the most common unit of account amongst crypto traders and users in general. As such, stablecoins are also a key component of liquidity in DeFi and serve as a useful indicator of ecosystem stability and user interest. Overall, the Avalanche Foundation’s BOOST program appears to have played an important role in supporting liquidity within the Avalanche ecosystem in recent months based on the metrics discussed in this report. The continued influx of stablecoins - largely consisting of USDT and USDC - only provides further confirmation of the program’s impact.
Incentives can be a highly effective way to attract user attention and capital, but the most important factor going forward is whether the Avalanche ecosystem can continue to sustain and grow its overall liquidity, especially if incentives start to wind down over time. As we have seen with protocols like Trader Joe, it will be important for teams to be strategic and adaptive with respect to the amount of incentives given, as well as the assets and users they intend to support with incentives. Ultimately, one of the key goals for the Avalanche ecosystem in the coming months will be to build enough stable liquidity across its many DeFi protocols such that it can become self-reinforcing and conducive to further user growth over the long term.
Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry. Here are our current financial disclosures.
© 2024 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
#opbnb

According to Adam, a macro researcher at Greeks.live, who wrote on the X platform, "Affected by BTC hitting a new high this year, BTC and ETH block trading has resumed, with block trading accounting for more than 40% today and a total nominal value of more than $1 billion. Among them, pure buying accounts for the largest proportion, and large investors have rekindled their confidence in the bull market. But it is worth noting that IV has not increased significantly, and the sustainability of this market may not be enough."
#opbnb

HIS and the Thai government jointly launched the Asian elephant conservation donation NFT. Part of the price of the NFT will be donated to the Thai Elephant Conservation Center to support the conservation of Asian elephants; buyers will also receive special discounts. This initiative aims to protect biodiversity and promote sustainable tourism. #opbnb