Daily Notes 06-02-2023
Developments
Binance to Delist XMR, ANT, MULTI, and VAI on February 20th
Binance will delist privacy tokens XMR, ANT, MULTI, and VAI on 20th February.
Solana Experiences 5-Hour Downtime Due to BPF Mechanism Failure
Solana was down for 5 hours due to the mechanism to deploy, upgrade and execute programs on Solana (BPF), failing.
Aura Finance Proposes AURA Tokenomics Optimization to Reduce Emissions
A proposal has been posted to Aura Finance to optimise AURA tokenomics.
EigenLayer's TVL Surges to $3.85 Billion After Staking Cap Removal
Following EigenLayer’s removal of their staking cap, the protocol's TVL has exceeded $3.85 billion.
Renzo Partners with Connext for Cross-Chain Staking on Arbitrum
Renzo partnered with Connext to bring cross-chain restaking to Arbitrum.
Pudgy Penguins Forms Partnership with Magic Eden Marketplace
Pudgy Penguins partners with Magic Eden (ME) as their preferred marketplace.
Coinbase Includes Helium Mobile in Its Assets Roadmap
Coinbase added Helium Mobile (MOBILE) to their assets roadmap.
Dymension's Mainnet Launch Faces Consensus Issue Due to Chorus One's Stake
Dymension failed to reach consensus when they launched their mainnet due to Chorus One failing.
Binance Lists Dymension After Delay Caused by Network Downtime
Binance listed Dymension (DYM) after delaying by 1 hour due to the Dymension network going offline.
MetaMask and Robinhood Connect Integrate for Easier Crypto Purchases
MetaMask partnered with Robinhood to allow Robinhood Connect users to purchase crypto.
Connext Launches Bridging Integration for Metis
Connext integrated bridging for Metis.
Trending Assets
Below $100M MC by performance, on chain
PANDORA, a protocol which utilizes a new token standard (ERC404), is up 86.54%. SPA is up 31.64%. DMT is up 14.23%.
Above $100M MC by performance, on chain
METIS had a good day, is up 12.98%. ENS is up 12.71%, and RBN is up 8.69%.
Above $1B MC by performance, on chain
Layer 2’s have been performing well. OP is up 5.77% and ARB is up 5.02%.
Trading Volumes
PANDORA, OLAS, RSTK, PORK and sfrxETH dominated on-chain volumes today.
TVL
TVL Above $10M
Over the past day:
pNetwork, an interoperability protocol, TVL grew by 126%
Humble DeFi, DEX on Algorand, TVL grew by 105%.
EigenLayer, a restaking protocol, TVL is up 79.56%.
Fees
Gains Network fees earned are up 130%, Hyperion Exchange fees earned are up 54% and Tron fees earned are up 48.65%. Bitcoin fees earned are down -46.78%.
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