Bitcoin is down ~10% in the past 7 days
Ethereum is down ~12.7% in the past 7 days
Delayed U.S PPI data and September retail sales figures coming this Tuesday.
Ethena's is one of the most comprehensive proposals to the point it considers special fee tiers for market makers to cover arbitrage costs between $USDH and $USDT
➥ The Bidding War for $USDH
The competition to deploy @HyperliquidX's upcoming native stablecoin is becoming increasingly intriguing.
Currently, three 3 have been submitted by established stablecoin issuers:
❶ @Paxos ⟶ Regulated, institutional bridging ready
❷ @fraxfinance ⟶ DeFi-native efficiency
❸ @withAUSD ⟶ Collaborative, scalable infrastructure
Let's also remember that @circle is planning to launch native $USDC on Hyperliquid (it's a bit too late imo).
Below, I will outline the main proposals and then compare them in a table for clarity. ↴
@jessepollak@base@solana@baseapp We're building a protocol on both chains to solve liquidity fragmentation and lack of transparency around liquidity provsion
Send me a DM (can't DM you) and we'll share you everything
System 9 is heading to @EthCC Cannes! 🇫🇷🥖
Drop us a DM if you’re a:
- Project looking for experts in the market-making field
- VC looking for the next groundbreaking project
- Advisor / Exchange looking for reliable partners
Looking forward to talking about liquidity, markets, trends, and to show you what we’re cooking 🧑🍳
🎉 Twendee 🤝 System 9: Joining Forces to Shape the Future of Blockchain! 🚀
Excited to introduce our new partner, @System9_ , Inc. - a global market maker and software development powerhouse! 💻
💰System 9, Inc. is a global market maker and software development company that provides crypto projects and institutions with the expertise, flexibility, and transparency needed for success
By combining their prowess with Twendee's cutting-edge #blockchain solutions, we're set to drive innovation and foster widespread adoption!
🔥 Get ready as #Twendee X System9 revolutionizes the #BlockchainLandscape! 🌟
#PartnershipAnnouncement #DecentralizedFuture #CryptoGrowth
Internal factors include marketing, project development, and community building.
External factors, such as current market or cycle related conditions and sentiment also play a significant role.