Daily Notes 12-03-2024
Developments
Grass, The Layer 2 Data Rollup
Grass announced that they will be launching a Layer 2 Data Rollup on Solana.
Tensor Foundation Introduces TNSR Token for Governance
The Tensor Foundation introduced the TNSR token which will be used for governance.
Binance Launchpad Lists Ether.fi’s Token, ETHFI
Binance Launchpad will list Ether.fi’s token, ETHFI, next week.
El Salvador Profits from BTC Holdings
El Salvador’s BTC holdings are $81.77 million in profit.
Gnosis Chain Activates Dencun Upgrade
Gnosis chain activated the Dencun upgrade yesterday.
Monad in Talks to Raise Over $200 Million
Monad is reportedly “in talks to raise more than $200 million in a round led by Paradigm”.
Ethena Shards Daily Issuance to Decrease by 12%
Ethena Shards issued per day to decrease by 12%.
Elixir Raises $8 Million in Series B Funding
Elixir raised $8 million in a Series B round led by Mysten Labs and Maelstrom (Arthur Hayes’ family office fund).
MetaMask Tests Payment Card with Baanx
MetaMask is testing a payment card which would be issued by Baanx, a digital asset based Financial Services firm.
Backpack Exchange Launches for UK Users
Backpack exchange went live for UK users.
Curve Lend (LlamaLend) Launches Public Beta
Curve Lend (aka LlamaLend) public beta went live.
Dubai Police Pilot Cardano for Securing Data
Dubai’s Police is piloting using Cardano to secure sensitive data from criminal investigations.
Stack Introduces Base Layer 3 Points Chain
Stack introduced their Base layer 3 points chain powered by the op stack.
KyberSwap's Aggregator Goes Live on Blast
KyberSwap’s Aggregator went live on Blast.
Thailand’s SEC Amends Rules for Bitcoin ETFs
Thailand’s SEC reportedly amended rules that allow for accredited investors to now gain exposure to US spot Bitcoin ETFs.
Nibiru Chain's Mainnet Goes Live
Nibiru chain’s mainnet went live.
Prom Prepares to Launch Modular zkEVM Layer 2 Testnet
Prom (Modular zkEVM Layer 2) testnet “almost here”.
Trending Assets
Below $100M MC by performance, on chain
DONUT, FWB, and AEGIS, all below $100M market cap, have seen their prices increase by 191.2%, 86.94%, and 74.48%, respectively.
Above $100M MC by performance, on chain
For tokens above the $100M market cap threshold, AMP has grown by 98.54%, QI is up by 41.91%, and REEF has increased by 34.70%.
Above $1B MC by performance, on chain
In large-caps, INJ's price is up by 21.63%, AVAX has grown by 19.57%, and MANTA has increased by 9.79%.
Trading Volumes
eUSD, USDe, crvUSD, MKR, PEPE and POOH dominated on-chain volumes
TVL
TVL Above $10M
Over the past day:
Wasabi, an NFT leverage protocol, TVL grew by 7189%.
GoGoPool, a staking protocol for Avalanche Subnets and node operators, TVL grew by 213%.
Flexa (Ampera), digital payments, TVL grew by 163.5%.
Fees
Uniswap V3 fees earned are up by 17.26%, Arbitrum fees earned are up by 37.04%, Metamask fees earned are up by 52.56%, and Optimism fees earned are up by 22.61%.
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