Daily Notes 07-02-2023
Developments
Pendle and Ether.fi Collaborate to Launch Liquid Restaking Token eETH on Arbitrum
Pendle and Ether.fi collaborate to bring the first Liquid restaking token, eETH, to Arbitrum.
Neon EVM on Solana Integrates deBridge for Cross-Chain Interoperability
Neon EVM, a fully compatible Ethereum environment solution built on the Solana blockchain, integrated with deBridge.
Sushi Launches V2 and V3 AMM on ZetaChain
Sushi deploys their V2 and V3 AMM on ZetaChain.
Binance Adds USDC to Peer-to-Peer (P2P) Service
Binance adds USDC to their peer-to-peer (p2p) service.
Stratis Auroria Testnet Goes Live with 1 Million STRAX Airdrop Campaign
Stratis Auroria Testnet goes live.
Coinbase Highlights Potential $74 Billion Savings Using Blockchain Technology for Transactions
Coinbase published a blog post stating Americans could have saved at least $74 billion in credit card transaction fees in 2022 by using blockchain technology.
SuperVerse Integrates LayerZero, Transforming SUPER into an Omnichain Fungible Token
SuperVerse’s native token, SUPER, has integrated LayerZero to become an Omnichain Fungible Token (OFT), enabling connections to 50+ chains.
Paxos Adopts Chainlink’s PYUSD Price Feed for PYUSD Adoption Acceleration
Paxos will use Chainlink’s newly deployed PYUSD (Paypal USD) price feed “to accelerate the adoption of PYUSD”.
DeSo SocialFi App Focus Raises $77.8 Million in Token Reservations in One Week
Focus, a to-be-launched DeSo chain-based SocialFi app, has raised $77.8 million in token reservations in one week.
Friendzone SocialFi App Set for Launch on Polygon Network on February 26
Friendzone, a Polygon PoS-based SocialFi app, is set to launch on February 26.
Jupiter Team to Remove JUP and USDC Post JUP Launch
The Jupiter team will remove JUP and USDC following the now completed JUP launch.
Scroll to Execute Protocol Upgrade Reducing Transaction Costs by 50%
Scroll initiated a protocol upgrade to reduce transaction costs by 50%.
Pyth Announces $47 Million Airdrop for Eligible dApps
Pyth announced a $47 million retrospective airdrop for over 160 eligible dApps.
Mantle's mETH Reaches Over $1 Billion in TVL
Mantle’s mETH surpassed $1 billion in TVL.
Ondo Finance to Launch Treasury-Backed Stablecoin USDY on Sui
Ondo Finance’s USDY will launch on Sui.
Starkware Proposes STARK Token Inflation Parameters with Annual Minting Rate
Starkware proposes STARK token inflation parameters.
PancakeSwap Proposes PANDORA Farm Launch on Ethereum
PancakeSwap's core proposed to launch a PANDORA Farm on Ethereum.
Gnosis Chain Announces Sunset of Validator Incentive Program
Gnosis chain is sunsetting their validator incentive program.
Dencun Upgrade Successfully Launched on Holesky Testnet
The Dencun upgrade successfully launched on the Holesky testnet.
Trending Assets
Below $100M MC by performance, on chain
PANDORA had a good day, again, and is up 113.33%. doginme, a memecoin related to Farcaster, is up 45.62%.
Above $100M MC by performance, on chain
ID is up 82.32% and OX is up 25.68%.
Above $1B MC by performance, on chain
RNDR is up 9.16% today. OP, up 6.29%, and SNX, up 6.28%, had a good day.
Trading Volumes
PANDORA, ID, PORK, LINK, RUG AND LDO dominated on-chain volumes.
TVL
TVL Above $10M
Over the past day:
HydraDX, a DEX on Polkadot, TVL grew by 25%
StackingDAO, liquid staking on Stacks, TVL grew by 21.61%
Cetus, DEX on Aptos and Sui, TVL grew by 20.57%
Fees
Arbitrum fees earned are up 50.77% and Base fees earned are up 27.5%.
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