📢 Fractal Node Software v0.1.8 Released
We are pleased to announce the release of the v0.1.8 update for #Fractal node software. ���
🎈For detailed information, please visit the following link👇
https://t.co/3YnUYEjkBe
This update specifically addresses the slow reduction of the mempool's minimum fee rate, which should help mitigate the issue of consistently high transaction fees.
✍️Please note that this version will not reset any existing data.
Guess who just rolled into 2024 like they own the place?
That's right, the Metacene is here, and we're about to stir things up! New year, new chaos – buckle up, folks!👻
✨ Introducing #Nobody on #OKXNFT
🥂 To celebrate the collaboration between Stephen Chow, @realnobodyxyz & #OKX, we're giving away 2,500 Nobody NFT whitelists spots.
Open for a limited time, join now!
https://t.co/pct222Rwi9
🎉 Join the Celebration! Our Gratitude to the incredible #Port3 community 🙌🚀
🎯Community IDO Whitelist Event
→ Whitelist × 800
→ 100% unlocked at TGE
→ Lucky Draw
🗓 Jan 5th 16:00 PM - Jan 7th 13:00 PM (UTC)
How to Participate:
https://t.co/MgX4ysLWWA
🎁 Embrace the chance to be part of this milestone! 🚀 Good luck to all! 🍀 #Port3Community #IDOWhitelistEvent
Wowza! Over US$3,300,000,000 worth of BNB, TUSD, and FDUSD is staked in the @Binance Launchpool to farm $MEME (@Memecoin)! That's 3.7 million Apple iPhones 📱 or 67,400 Tesla Model 3 🚗!
$MEME is being listed on Binance in a few days but you still have 26 days to farm. LFG!
��� General Overview of Perpetual DEXs: Tracking the Pulse of Your Investments
----------------------------------------
In the midst of a market downtrend, many investors instinctively reflect on their decisions, asking themselves:
• Why did I invest in this in the first place?
• Do I still believe in this sector?
• With the price declining, should I sell or DCA?
Fear not, my frens! I'm here to guide your decision-making process with a comprehensive analysis of the general market and specific projects.
🔍 Let's delve deeper!
----------------------------------------
📊General Overview
After an 8-9 month uptrend in the DEX/CEX trading ratio, we've hit a decline since May 2023. While this ratio offers a glimmer of potential growth, DEXs must introspect why we're seeing a downtrend and a deceleration in adoption.
A glaring pain point? The UI/UX of many perp DEXs just doesn't lure in CEX users. If you're banking on the DEX that offers a CEX-like experience, keep an eye out for incremental innovations.
Case in point: $HMX has now transitioned into a progressive web application, allowing users to enjoy a seamless trading experience that mirrors traditional CEX platforms.
----------------------------------------
📈Volume Market Share
$HMX has impressively captured a significant slice of the trading volume pie over the past month. Meanwhile, $GNS and $LVL are seeing a diminishing market share.
$LVL's newly introduced bonding mechanism might decelerate their selling pressure.
$GNS, on the other hand, is laser-focused on refining their UI/UX. However, their gDAI vault APY is dwindling, and the gETH vault is still not here.
August Top-3
• $KWENTA ≈20%
• $GNS ≈16%
• $GMX ≈15%
September Top-3
• $HMX ≈19%
• $GMX ≈14%
• $KWENTA ≈12%
----------------------------------------
💰Fee Market Share
$GMX is stealing the limelight, especially after the introduction of GM pools.
While there are mixed sentiments regarding $GMX v2, the GM pools enable depositors to focus on market-making specific assets. For instance, SOL/USD GM depositors reaped over 20% APR this week!
----------------------------------------
📉Fees/Mcap Ratio
Ranked from the most undervalued to the most overvalued, it seems both $KWENTA and $HMX have substantial growth potential, while $GNS appears to be on the higher end of the valuation spectrum.
Keep an eye on how the market responds to these disparities. The playing field is getting intense, and my money is on the disruptors — those bringing groundbreaking innovations to the table and implementing user-centric incremental changes swiftly.
KWENTA --> 0.090
HMX --> 0.055
GMX --> 0.016
DYDX --> 0.011
GNS --> 0.007
----------------------------------------
🤔 Final Thoughts
The need for DEX platforms to dig deep, analyzing and improving their offerings to stem this tide. User experience, as highlighted by $HMX's innovative approach, will likely be a significant differentiator in the days to come.
While volume and fee market shares provide a snapshot of current performance, the true potential of a DEX lies in its adaptability, user-centric focus, and the ability to anticipate and act upon market needs swiftly.
Platforms like $KWENTA and $HMX, which currently show promising Fee to Mcap ratios, underline the importance of keeping pace with both radical and incremental innovations.
In these turbulent times, it's essential for degens to not only observe but to deeply understand the underlying shifts and strategies of their chosen platforms.
I will be closely watching certain KPIs and monitoring the strategies of protocols, as well as how they implement new features. I'm confident that we are in the accumulation phase for perp DEXs and will soon see a surge in activities. Dream PMF is near. 👀
----------------------------------------
If you would like to show me some support;
Follow me and hit that RT-Like-Bookmark button pls.❤️
Trade Unibot with 10% discount --> 👇 https://t.co/Ge3qylBxhT
----------------------------------------
Tagging chads for sharing their thoughts on perp market analysis
@Slappjakke
@ToastyAlpha
@BillyBobBaghold
@Moomsxxx
@0xTindorr
@0xjeff
@Louround_
@thelearningpill
@matrixthesun
@0xCrypto_doctor
@CryptoNikyous
@splinter0n
@BobtheBuildooor
@rektdiomedes
@CryptoShiro_
@CryptoGideon_
@DegenCamp
@arndxt_xo
@wacy_time1
@the_smart_ape
@cryppinfluence
@ThorHartvigsen
@thedefiedge
@Dynamo_Patrick
@RiddlerDeFi
@LouisCooper_
@ChadCaff
@CryptoKaduna
----------------------------------------
Hi, my name is @zxcad15, and I’m a $MEME (@Memecoin) farmer at @Memeland.
On my honor, I promise that I will do my best to do my duty to my own bag, and to farm #MEMEPOINTS at all times.
It ain’t much, but it’s honest work. 🧑🌾
AHOY! $MEME (@MEMECOIN) IS GOING TO @BINANCE! 🙌
This is not a drill! This is not fake news! This is happening!
$MEME is the 39th (not 69th) project on Binance Launchpool! You only have 7 days! Come join the farming with your fellow Binancians!
👇 https://t.co/0CEcRxbmA0
A new exploit on the old Opensea contract is being used to steal your NFTs
Signing this innocent transaction could empty your wallet
Here's a simple breakdown so you don't lose everything
↓
Just getting started with @ItsObviousTech, one of the leading smart contract wallets out there, integrated into the Polygon zkEVM ecosystem. #PolygonzkEVM bound with #Intract 🚀