This week, a total of $7.1m has been generated in fees by perp dexes📊
The distribution of where these fees are from👇
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33.8% - @GMX_IO
24.1% - @synthetix
16.9% - @dYdX
9.1% - @Level__Finance
3.3% - @muxprotocol
3.0% - @gains_trade
2.9% - @vertex_protocol
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In relation, here are the FDV ranked by size👇
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$2,100m - $DYDX
$757m - $SNX
$559m - $GMX
$135m - $GNS
$84m - $LVL
$40m $MUX
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Any project/token that stands out?
#100x gains come from investing when the market is down.
But what if you pick the wrong projects?
I’ve done the research for you!
Here’s a step-by-step guide on how to evaluate #crypto projects 🧵 (Plus examples)
1/ Introducing our Live DEX Master (LDM) which gives you a real time data stream of all live DEX transactions in one place!
Discover alpha & get a real pulse on the markets by always checking in with LDM 📈
🔹 $INJ - August 21
3.41% of the circulating supply will enter circulation. Allocated to "ecosystem development," controlled by the team.
Potential selling pressure may occur, but it's expected to be gradual.
🔷 $SAND - $133.14M on August 14
This sizeable unlock is 16% of the circulating supply. Brace for potential price fluctuations as the main receivers of this token will be:
• team
• advisors
• investors
Selling pressure expected, but the price is already close to its lows 📉
🔹 $OP - $41.3M on August 30
Representing 3.37% of the circulating supply, unlocked tokens belong to
• investors
• core contributors
Given the current project hype with the launch of Base Mainnet and Worldcoin (both using OP Stack), a significant sell of is unlikely 🤷♂️
🔹 $AVAX - $118.7M on August 26
Worth 2.76% of the circulating supply, the unlocked tokens go to:
• the team
• strategic partners
Previous unlocks caused short-term price drops, but the hype around the project may cushion any major decrease ✅
🔹 $WLD - $7.26M every day
With a market cap of $270M and a fully diluted valuation of $22.8B, $WLD is a bit volatile. Tokens entering circulation are mostly allocated to the community
It will be governed by the core team, and controlled by market makers 💰
August is going to be a BIG month for these 5 TOKENS.
- Smart Whale Activity 🐋
- Price Fluctuations💰
- Potential ALPHA 🔍
Monitoring the on-chain activity of these tokens might just put you ahead of the rest.
(Pay special attention to the 4th one on the list 🧵)
👇
1/ We are excited to rollout our own DEX "Wallet Deep Explorer"
🔎 Discover Smart Money Alpha & Whales from any address:
💧 Historical Net-Worth & trades
💧 Lifetime Wallet P&L
💧 Token & Trade Breakdowns
💧 ROI Rankings ... and more!
Use it free here: https://t.co/z6f1qhvhs2
In v2 our new strategy builder will include a way to import your trades on @DeribitExchange via CSV or @tradeparadigm block trades directly via ID.
Example below with bull put spread executed earlier.
You can view P/L and simulate portfolio risks according to spot & vol bumps.
We just published a piece by Paradigm's very own @DOVhandle, which gives a brief primer of auction formats and how they apply to DOVs as well as upcoming changes! https://t.co/i8zOOeYlpg
🧵1/17
0/ I'm often asked: how do you keep up with DeFi when it moves so fast?
My response: if you focus on learning a handful of core concepts, you'll be 80% there with 20% of the effort.
🧵The first 5 concepts you should learn in DeFi 🧵
1/ What is holding back DeFi Options?
Many teams have been tackling the issue, but a "blue chip" solution has not yet been found.
Dig into the deeper dynamics behind this, or get the tl;dr below 🧵
https://t.co/TzNBe1GQxO
A Crash Course on How To (Properly) Trade Options
90% of investors don’t trade options out of a misunderstanding that they’re “too complicated.”
The system brainwashes us w/ “options are too risky” BS, then spews out shit learning material so that ofc u lose money.
🧵/
👇