Daily Notes 02-02-2024
Developments
Pendle Becomes 2nd Largest Yield Protocol with $680 Million TVL
Pendle surpassed $680 million in TVL (a 114% growth since 2024 began), making it the 2nd largest yield protocol in Crypto.
Pixelmon Secures $8 Million in Seed Funding Round
Pixelmon raised $8 million in a seed round which saw participation from Animoca Brands, Delphi Ventures and Foresight Ventures among others.
Open Exchange to Shut Down, Citing FTX Estate Claims Recovery
Open Exchange, whose founders include Su Zhu and Kyle Davies (Three Arrows Capital founders’), will be shutting down.
Puffer Finance Hits $277 Million TVL in Less Than 48 Hours
Puffer Finance reached $277 million in TVL in under 48 hours.
BlackRock's Bitcoin ETF Surpasses Grayscale's Daily Volume
BlackRock’s Bitcoin ETF (IBIT) has surpassed Grayscale’s (GBTC) daily volume by $304 million to $294 million.
Solana Registers All-Time-High in New Addresses and TVL
In January, Solana achieved an all-time-high for newly registered addresses.
Stride Introduces stTIA Liquid Staking Token for Celestia's TIA
Stride launches stTIA, a liquid staking token for Celestia’s native token - TIA.
AltLayer Announces Airdrop Claim Period for Eligible Addresses
AltLayer’s airdrop claim goes live with 94,759 addresses eligible.
Binance Lists PYTH on Spot Market
Binance listed PYTH on their spot market today.
Coinbase Sees $25 Million BTC Purchase Wicking Price to $43.7k
An entity purchased 600 BTC ($25 million) on Coinbase within 1 minute.
Phantom Restores Service After DDoS Attack
Phantom experienced a DDoS attack yesterday which may have caused some services to be temporarily interrupted.
Bithumb to Implement Flat 0.04% Trading Fee on All Pairs
Bithumb to introduce a flat 0.04% fee on all trading pairs on February 5th.
Trending Assets
Below $100M MC by performance, on chain
Above $100M MC by performance, on chain
Pendle up 14.6% after large TVL gain from EigenLayer related yield strategies.
Above $1B MC by performance, on chain
IMX up 14.93%, LINK up 12.63%
Trading Volumes
TVL
TVL Above $10M
Over the past day:
Puffer Finance gained $151M TVL from stETH deposits for their native liquid restaking protocol.
Fees
Governance Proposals
Articles / Threads
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