The weekly 🐰 hole (18 June 23) of liquidity movement & DeFi analysis - by zj.valz
Welcome to the weekly 🐰 hole (18 June 23) of liquidity movements & defi analysis, where we uncover key trends and insights into the top protocols and hidden gems.
Stablecoin flows
Smart Money Movement
Top L1/L2 Financials
Top DAPP Financials
Movement Analysis
TLDR
Total Stablecoin MCAP = 128.25 bil, with 0.04% weekly change.
ThunderCore
Waves
Terra Classic
Osmosis
Hedera
Harmony
Evmos
Liquidchain
Canto
Theta
Cr: @ozfrox
stETH
USDC
Coinbase Wrapped Staked ETH
DAI
StaFi (PoS)
USDT
Wrapped ETH
Aave USDC
Wrapped BTC
Sushi
stETH
Coinbase Wrapped Staked ETH
StaFi (PoS)
wstETH
Balancer Boosted Aave WETH StablePool
Wrapped ETH
Aave USDC
Wrapped BTC
Sushi
frxETH
ETH
BTC
BNB
Arbitrum
Optimism
ETH
Tron
BSC
Arbitrum
Avalanche
Tron
BNB
BTC
ETH
Polygon
ETH
Polkadot
Cosmos
Solana
BTC
ETH
Polkadot
Manta Network
Solana
Cosmos
Lido
Uniswap
GMX
Pancakeswap
MakerDao
MakerDAO
GMX
Lido
PancakeSwap
Convex Finance
Relative valuation of protocols (Lower the no. the “better”)
El Dorado Exchange
Equilibre
Level Finance
Equalizer Exchange
GND Protocol
FDV Mcap/Annualized Revenue (Take this metric with a pinch of salt as revenue figs used could be annualized and not actual revenues earned)
El Dorado Exchange
Equilibre
Equalizer Exchange
Level Finance
GND Protocol
Cumulative revenue attributable to holders 24 Hours
Pancakeswap
Curve Finance
GMX
Gains Network
Radiant
Pancakeswap
Uniswap
Stargate
0x
Metamask
Sandbox
ENJ
Shib
0x
Chiliz
Concordia
TapiocaDAO
Bit2Me
Intuition
Poko
Total stablecoin market cap remains flat this week as Fed announced a pause in the I/R hike.
ThunderCore, Waves and Terra Classic saw the largest stablecoin inflows.
Harmony, Evmos, Liquidchain saw the largest stablecoin outflows.
Smart money swapped out USDT for other stablecoins (USDC/DAI) over depegg fears.
No exciting buy/sell this week as Smart money slowly accumulates ETH and/or sits at the sideline.
MakerDAO benefitted from the demand for DAI due to USDT depeg fears, raking in $1.8 million in revenue this week.
Sandbox is the top trending application this week with 33,068 active addresses.
Alpha drop by @apes_prologue
P.s. I may have positions in the projects discussed in this article. Please note that this article is not intended as financial advice, and I encourage readers to conduct their own due diligence and ape responsibly.
That’s it Anon, hope you enjoyed the 🐰hole this week.
Follow me @zec_jay on Twitter or subscribe to this substack for more weekly deep dives.
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