Hassan Zoormand 🎩 avatar
Hassan Zoormand 🎩
@hasanz
Hassan Zoormand
Hassan Zoormand 🎩 avatar
Layer 2 TVL surged by $15B in November 2024, driven mainly by token price gains
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ETH Futures on CME just crossed 1M ETH open interest for the first time
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Since the beginning of the year, Base has seen the highest net inflow of $2.7b, while Ethereum has seen the highest net outflow of $7.4b
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Ethena's USDe stablecoin has recently emerged as the third-largest stablecoin globally, surpassing DAI and breaching a circulating supply of $5 billion.
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74% of venture capital in the Solana ecosystem went to apps, compared to 40% for Ethereum
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Monthly L2 volume on the Uniswap Protocol reached a new all-time high
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Since 2018, $447M has been invested in Bitcoin L2s, with 2024 alone accounting for 39% of this funding. Sidechains and rollups have emerged as the leaders.
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The NFT secondary market saw a modest rebound in November
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Solana's DeFi protocols earned $420.7M in November, 161% more than Ethereum's $161.2M. Raydium ($175M) & Jito ($164.7M) outperformed Uniswap ($69.1M) & Lido ($62.3M)
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The combined onchain dex volume of 23 chains reached an all-time high of $16.8 billion this week using the seven-day moving average.
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Ethereum's weekly revenue is up ~30x from its August lows
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NFT trading volumes rose 16.8% in October, rebounding from September's low but not signaling a bear market's end. Sentiment remains bearish, with modest metric improvements and declining whale activity.
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Nearly 14.4 million Safe smart accounts were newly created in Q3’24, up 693% QoQ from 1.8 million in Q2’24. The deployment of the Safe{Core} smart account infrastructure on the World Chain in August 2024 corresponded to over 13.3 new Safe accounts being created on World Chain. That is, 93% of all new accounts in Q3’24...
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After taking in $650m over the last 5 days, the cumulative net flows into Ethereum ETFs are finally positive for the first time since launch on July 23
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