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Key market information gap on October 23, must read! |Alpha Morning News

Key market information gap on October 23, must read! |Alpha Morning News

BlockBeatsBlockBeats2024/10/23 00:00
By:BlockBeats

1. New projects: VECTOR, Falcon Finance, REKTECH; 2. DeFi changes: 1Inch 24h trading volume increased by 87.38%, Cyberperp 24h trading volume increased by 10695%; 3. Token unlocking: ADA, YGG, TIA 4. Top news: Polymarket will restrict US users and conduct compliance checks on large bettors

Featured News


1.US stock indexes fell across the board at the opening, Coinbase fell 2.55%

2.Polymarket will restrict US users and conduct compliance checks on large bettors

3.Sonic Labs: sonic domain name registration has been opened

4.Eigen Labs: The team has regained EigenLayer's X Account access rights

5.Meme PVP set off another speculative frenzy, Pump.fun earned nearly 1 million SOL


New product discovery (‼️High Rug risk‼️)

Daily new projects or community attention dynamics, filtered and sorted by the number of followers and growth of X Alpha accounts

Data source: getmoni.io

BlockBeats Note: The following are all early projects with a small number of followers. Rug and contract risks are extremely high. Please participate with caution. This is not an investment advice


1.VECTOR (@VECTORDOTFUN)

A "Pump-like" platform developed based on Tensor.


2. Falcon Finance (@FalconStable)

Falcon Finance is a yield stablecoin protocol, and the project is related to DWF Managing Partner Andrei Grachev.


3. REKTECH (@rektech)

REKTECH is a meme trading competition game experiment, currently in the application test stage.


Articles & Threads


1.《Three months to become the "meme Binance", things you don't know about Moonshot

Joyce, BlockBeats

Moonshot's explosion was so sudden that many meme players still know very little about it. What did Moonshot do right in the months before its rise? Is it really, as people say, the ultimate entrance to money and traffic in the meme track?


2.《Behind the GOAT explosion, the hype expectations and concerns of AI meme|100x review

CMed, BlockBeats

GOAT's story deserves our careful review. In this process, we can learn about the huge information gap in the current crypto market, the current concerns of AI meme, and the future hype direction and logic of the track.


3.《Financialization of social networks

Joel John

Blockchains move capital at the speed of data. They are also able to segment and expand online economic interactions between participants in ways that traditional fintech companies cannot. When capital formation and speculation meet the attention market, human behavior changes. Polymarket and PumpFun are the predecessors of future social networks.


Selected data


1.Scroll Q1 airdrop claim data board

Source: @faf


2.Uniswap protocol and Labs economic data board

Source: Token Terminal


DeFi Dynamics

Daily DeFi market funds and transaction volume changes, filtered and arranged by DEX aggregator and Perp DEX transaction volume and growth rate

Data source: DeFiLlama


DEX aggregator transaction volume changes


1.1Inch (multi-chain)

24-hour transaction volume increase: +87.38%

7-day cumulative transaction volume increase: -2.63%

24-hour transaction volume: $241.42m

7 Daily cumulative trading volume: $1.283b


2. CoWSwap (multi-chain)

24-hour trading volume increase: +80.71%

7-day cumulative trading volume increase: -9.25%

24-hour trading volume: $132.87m

7-day cumulative trading volume: $672.05m


3. Bebop (multi-chain)

24-hour trading volume increase: +78.10%

7-day cumulative trading volume increase: +121%

24-hour trading volume: $18.33m

7 Daily cumulative trading volume: $82.78m


Perp DEX trading volume changes


1. Cyberperp (IOTA ecosystem)

24-hour trading volume increase: +10695%

7-day cumulative trading volume increase: +2430%

24-hour trading volume: $16.19m

7-day cumulative trading volume: $21.05m


2. Zeno Exchange (Metis ecosystem)

24-hour trading volume increase: +1641%

7-day cumulative trading volume increase: +116%

24-hour trading volume: $6.61m

7 Daily cumulative trading volume: $27.06m


Market Data

Daily observation of the overall market capital heat (reflected by the funding rate) and inflows and outflows (reflected by ETF inflows and outflows)

Data source: Coinglass, Sososvalue, TokenUnlocks


Funding Rate


Token Unlocking

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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