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- 🌊 Wave Wisdom - November 10th, 2023
🌊 Wave Wisdom - November 10th, 2023
Binance flexing its muscles 💪
![](https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/33b66825-cf22-4934-a3a0-f9672bbda12d/WaveWisdomTextLogo.png)
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%
![](https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/8a4667a8-d420-48c8-a701-bdcc4e10e6c9/F-kVqATbYAANB6n.png)
DATA
Chain TVL
![](https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/145a84fa-16b3-4913-a3c7-47e6a49b8989/image.png)
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.