Key market information gap on October 21, must read! ｜Alpha Morning News

Featured News

1.Sushi Labs CEO: A strategic acquisition will be announced soon to introduce innovative DeFi primitives

2.Suilend published "October 22, Save The Date", which may imply that its protocol token will be released soon

3.ApeChain provides an automatic income model for stablecoin holders on the chain

4.ApeChain Ecosystem Meme Coin CURTIS 5. Scroll is about to launch Sessions 2 and the Scroll Open program to reward ecosystem developers. Scroll will soon ...

2.Tribe (@tribedotrun)

The crypto social application of the Solana ecosystem is currently in the Alpha testing phase.

3. Saru (@saru_ex)

Apechain native DEX developed based on Sushi.

Articles & Threads

1.《The Scourg: Ethereum's Potential Future Direction Part 3》

Vitalik

One of the biggest risks facing Ethereum L1 is the centralization of proof of stake due to economic pressure. If there are economies of scale in participating in the core proof of stake mechanism, this will naturally lead to large equity holders dominating and small equity holders exiting to join large pools. This leads to a higher risk of 51% attacks, transaction censorship, and other crises. In addition to the risk of centralization, there is also the risk of value extraction: a small group captures value that would otherwise go to Ethereum users.

2.《Solana Foundation Chairman Interprets a16z's Latest Crypto Industry Report》

Lily Liu

This weekend, I sat down and read a16z's report on the state of cryptocurrency and learned a lot. I focus mainly on the world outside of the EVM, so I always cherish the opportunity to learn about innovations happening elsewhere in the self-custodial world. That being said, I noticed that there is quite a bit of implicit EVM bias throughout the report.

Selected Data

1. Apechain Data Dashboard

Source: @dknugo

2. Trojan Bot Data Dashboard

Source: @whale_hunter

DeFi Dynamics

Daily DeFi market funds and transaction volume changes, filtered and arranged by DEX aggregator and Perp DEX transaction volume and growth rate

Data source: DeFiLlama

DEX aggregator transaction volume changes

1.FlowX Finance (Sui Ecosystem)

24-hour transaction volume increase: +54.77%

24-hour transaction volume: $3.9m

7-day cumulative transaction volume: $29.16m

2.Hallswap (Multi-chain)

24-hour transaction volume increase: +72.98%

7 Daily cumulative trading volume increase: -24.95%

24-hour trading volume: $178,295

7-day cumulative trading volume: $2.17m

Perp DEX trading volume changes

1.BSX Exchange (Base ecosystem)

24-hour trading volume increase: +129%

7-day cumulative trading volume increase: +148%

24-hour trading volume: $4.63m

7-day cumulative trading volume: $68.64m

2.Rollie Finance (Scroll ecosystem)

24-hour trading volume increase: +24.19%

7 Daily cumulative trading volume increase: +25.69%

24-hour trading volume: $30,874

7-day cumulative trading volume: $206,389

Market Data

Daily market overall capital heat (reflected by funding rate) and inflow and outflow (reflected by ETF inflow and outflow) observation

Data source: Coinglass, Sososvalue, TokenUnlocks

Funding Rate

Token Unlock