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  • 🌊 Wave Wisdom - November 11th, 2023

🌊 Wave Wisdom - November 11th, 2023

Hot stablecoin yields, frozen pools, & altcoin puberty 🔥

gm & welcome to Wave Wisdom, the newsletter that's like the thrill of perfectly timing a narrative shift and watching your portfolio soar.

DATA
Key Prices

BTC $37,054 (1.34% 24h)

ETH $2,063 (-1.94% 24h)

SPY $435.98 (1.56% 24h)

DATA
Market Overview

Total Market Cap $1.41T (1.05%)

Total Volume $66.10B (-30.71%)

BTC Dominance 51.31% (0.15%)

ETH Dominance 17.58% (-0.54%)

DATA
Chain TVL

Top Gainers (7d)

WEMIX3.0 282.00%

Kujira 71.35%

ShimmerEVM 62.86%

Top Losers (7d)

OKTChain -35.64%

Injective -24.99%

Tezos -19.13%

DATA
Protocol/Chain Fees (24h)

Ethereum $12.79m

Bitcoin $9.15m

GMX $4.28m

Uniswap $2.77m

Lido $2.62m

Tron $1.5m

PancakeSwap $538.8k

BSC $528.3k

Maker $515.7k

Frax Finance $385.5k

DATA
CEX Inflows & Volume

In order by assets

Inflows (7d)

Binance

OKX $256.22m

Bitfinex

Robinhood -$4.24m

Bybit $35.32m

Volume (24h)

Binance $8.163b

OKX $2.48b

Bitfinex $149.96m

Robinhood

Bybit $2.167b

YIELD
Stablecoin Yields

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

DOLA-USDC on Aura with $6.12m TVL and 32.57% APY

USDC on HoldStation DeFutures with $1.2m TVL and 31.98% APY

USDC on Sherlock with $1.17m TVL and 26.03% APY

USDT on Iron Bank with $810,497 TVL and 25.44% APY

EUROPOOLLP on Angle with $710,959 TVL and 24.60% APY

USDC.E-USDC on Joe V2.1 with $647,257 TVL and 23.08% APY

USDC.E-DOLA on Extra Finance with $349,744 TVL and 22.48% APY

DCHF-USDC (0.05%) on Liquis with $330,378 TVL and 21.88% APY

LUSD-BAOUSD on Aura with $276,634 TVL and 21.73% APY

TUSD-FRAXBP on Convex Finance with $240,980 TVL and 21.00% APY

NEWS
The Rundown

Hey folks, buckle up cause today's rundown is juicier than a prime steak.

Amazon is set to acquire MGM Studios for a whopping $8.45 billion, the second-largest acquisition in Amazon's history, as the company seeks to bolster its streaming platform with the addition of MGM's vast library of films and TV shows.

Man, you won't believe it, but that crypto lending joint Hodlnaut is heading for the gutter, court papers are spilling the beans.

Yo, this Singaporean startup called dtcpay is shaking things up, they've just dropped a retail crypto payment system with some Chinese bigwigs.

Tesla has suspended vehicle purchases using Bitcoin, citing environmental concerns.

FTX is going full beast mode, slapping Bybit with a lawsuit to get back their $953 million worth of assets.

NEWS
Talk Of The Town

We filter the noise of all the best newsletters in crypto and bring you the juice.

First off, Serenity's got the lowdown on stablecoin yields that are hotter than your ex's new fling. DOLA's killing it with a 44% yield, and Aura's not far behind, flexing a 20% yield muscle.

Aave's got a bug so bad they froze their pools faster than you can say "shitcoin," and Europe's making moves that could shake up the payment game big time. Check out the alpha here.

Meanwhile, the altcoin maxis are buzzing about altseason's four stages. It's like puberty for your portfolio, folks. Ethereum's playing catch-up with Bitcoin, and meme coins are popping up like zits on a teenager's face. It's a wild ride, so strap in and read up here.

The Daily Degen's talking about a subDAO that's sweeter than grandma's apple pie. They're dishing out rewards for CAKE conversions. But hold onto your hats, 'cause Poloniex got hacked harder than a lumberjack on espresso. Dive into the degen details here.

DL News is all about that crypto comeback, with Solana projects dropping airdrops like they're hot. BlackRock's CEO is eyeing crypto like it's the last beer in the fridge, and there's some serious beef with the EU's Data Act. Get your fix here.

Milk Road's got the 411 on Ethereum's price pump, thanks to BlackRock's new trust. They're also throwing a free workshop with a Bitcoin cherry on top. VC funds are splashing cash like it's a wet t-shirt contest, and Celsius is clawing its way out of bankruptcy. Get the creamy details here.

Alpha Packed is serving up a smorgasbord of updates. Celsius is handing back $2 billion to customers, and BlackRock's Ethereum Trust is making waves. Watch out for airdrops, and if you're into high-stakes hacks, Poloniex is your cautionary tale. Check out the alpha here.

The Block's got the dirt on Poloniex's hack and BlackRock's Ethereum ETF causing a short squeeze party. JPMorgan's playing with programmable payments, and Hodlnaut's waving the white flag. If you're into Roblox and NFTs, they've got the dirty deets here.

And lastly, The Scoop's talking about Ethereum's burn rate going up in smoke and the CME Group showing Binance who's boss. There's a tiff between Wintermute and NEAR Foundation, and NASDAQ's filing for BlackRock's Ethereum ETF is the talk of the town. Dive into the scoop here.

That's it, you're all caught up. Now go make some noise in the market, or at least pretend you know what you're doing.

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.