Daily Notes 20-02-2024
Developments
zkSync Era Paymaster Reaches Over 1.24 Million Total Transactions with Record Daily High
zkSync Era Paymaster, which allows users to use ERC-20 tokens to pay for gas, has reached 1.24 million total transactions, with Feb 19th seeing an all-time high of 66,700 daily transactions.
Humanity Protocol Launches on Polygon CDK, Aiming to Reduce Invasiveness and Complexity in Proof-of-Humanity Protocols
The Humanity Protocol, a proof-of-humanity protocol aiming to reduce invasiveness and complexity, announced the launch of Humanity Protocol on Polygon CDK.
Ethena's USDe Pools Reach Deposit Limits as Public Launch and Shard Campaign Kick Off
Ethena’s four curve USDe pools reached its deposit limits as Ethena officially launched USDe to the public, as well as their Shard Campaign, yesterday.
Liquid Restaking Protocols Cumulative TVL Surpasses $3.5 Billion Milestone
Liquid restaking tokens now cumulatively exceed $3.5 billion in TVL.
Starknet Token (STRK) Goes Live, Trading at $2.10
The Starknet token (STRK) went live and is currently trading at $2.10.
Over 200 Million Starknet Tokens Claimed, Valued at $420 Million
200 million ($420 million) of 586 million Starknet tokens have been claimed so far.
MetaMask Nears Its All-Time High with Around 30 Million Monthly Users
MetaMask’s monthly users reached ~30 million, only 1.7 million users away from their January 2022 all-time high of 31.7 million users.
eBay Reportedly Reduces Web3 Team by 30%
eBay reportedly cut 30% of its web3 team.
Blast to Announce Mainnet Launch Date This Week
Blast will announce mainnet launch date later this week.
Backpack Wallet Integrates Wormhole for Multi-Chain Bridging and Interoperability
Backpack wallet integrates Wormhole, a bridging/interoperability protocol.
Stellar Mainnet Upgrade to Protocol 20 Introduces Smart Contracts
Stellar upgraded their mainnet to Protocol 20 which brings smart contracts to Stellar.
ZKM Launches Alpha Testnet of Zero Knowledge Virtual Machine
ZKM launched their zero knowledge virtual machine Alpha Testnet.
Trending Assets
Below $100M MC by performance, on chain
EMP, (“Empyreal” - web3 infrastructure project), is up 40.33%, GEAR is up 28.73% after they announced support for leveraged EigenLayer farming, and LEASH, a memecoin on Shibarium, is up 27.16%.
Above $100M MC by performance, on chain
JASMY is up 40.97%, GLM is up 37.66% and PANDORA is up 15%.
Above $1B MC by performance, on chain
APE had a good day, and is up 4.57%. IMX is up 3.40%.
Trading Volumes
eUSD, USDe, PANDORA, crvUSD and STRK dominated on-chain volumes.
TVL
TVL Above $10M
Over the past day:
Starknet Bridge TVL grew by 417.21% as STRK token goes live.
Helio Protocol, BSC CDP protocol, TVL grew by 28.34%.
PancakeSwap AMM V3, multichain DEX, TVL grew by 25.01%.
Fees
MetaMask fees earned are up 69.58%, Arbitrum fees earned are up 42.69% and Base fees earned are up 32.79%.
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