• Wave Wisdom
  • Posts
  • 🌊 Wave Wisdom - November 10th, 2023

🌊 Wave Wisdom - November 10th, 2023

Binance flexing its muscles 💪

gm & welcome to Wave Wisdom, the newsletter that's like the thrill of riding the high APY wave without a crash in sight.

DATA
Key Prices

BTC $36,557 (-0.76% 24h)

ETH $2,104 (9.70% 24h)

SPY $438.43 (-0.78% 24h)

DATA
Market Overview

Total Market Cap $1,396,377,377,587

Total Volume (24h) $95,411,268,140

BTC Dominance 51.16%

ETH Dominance 18.11%

DATA
Chain TVL

Top Gainers (7d)

Stargaze 3051.00%

WEMIX3.0 372.00%

Radix 82.53%

Top Losers (7d)

OKTChain -34.56%

Injective -19.62%

Waves -13.43%

DATA
Protocol/Chain Fees (24h)

Ethereum $7.5m

Bitcoin $4.28m

Uniswap $3.5m

Lido $2.02m

Tron $1.46m

GMX $1.3m

Prisma Finance $688,204.00

PancakeSwap $668,358.00

Maker $515,949.00

Arbitrum $435,480.00

DATA
CEX Inflows & Volume

In order by assets

Inflows (7d)

Binance $451.55m

OKX $239.07m

Bitfinex $358.61m

Robinhood

Bybit $29.86m

Volume (24h)

Binance $12.656b

OKX $4.641b

Bitfinex $231.32m

Robinhood

Bybit $3.299b

YIELD
Stablecoin Yields

Criteria: Stablecoins with 20% or higher APY and greater than $200k TVL

DOLA-USDC on Aura with $7.63m TVL and 34.22% APY

LUSD-USDC (0.05%) on Uniswap V3 with $3.01m TVL and 32.66% APY

USDC on HoldStation DeFutures with $1.21m TVL and 32.03% APY

USDC on Sherlock with $1.17m TVL and 30.28% APY

USDT on Iron Bank with $728,648 TVL and 29.88% APY

EUROPOOLLP on Angle with $710,294 TVL and 25.30% APY

USDC.E-USDC on Joe V2.1 with $519,012 TVL and 24.29% APY

USD+-DOLA (Velodrome on Beefy) with $502,065 TVL and 21.97% APY

DCHF-USDC on Liquis with $328,836 TVL and 21.89% APY

LUSD-BAOUSD on Aura with $276,634 TVL and 20.28% APY

NEWS
The Rundow

Alright, folks, let's cut the crap and dive right into the meat of today's news.

First off, we've got Binance flexing its muscles with some wallet update. Details are as scarce as humility at a billionaire's bash, but it's big news, trust me.

That shitshow of a crypto lender, Celsius, finally got the green light to crawl out of bankruptcy and they're yapping about maybe paying back customers in January.

Now, let's talk about the elephant in the room - Bitcoin's got its groove back, and the rumor mill's churning with talks of the SEC giving the green light to a bunch of Bitcoin ETFs.

OpenSea's valuation's taken a nosedive, but that's just how the cookie crumbles in NFT land.

On the L2 front, Arbitrum's throwing cash around with a $50m incentive program, and Polygon's not far behind with a $90m carrot to lure in the zkEVM crowd.

Lastly, LayerZero might be dropping their airdrop soon 👀

DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.