RWA: Future DeFi Primitive?
Read CryptoRank's research on the latest trends and notable projects in the emerging DeFi sector - real-world assets! 🤓🔎
Key Takeaways:
- RWA has the potential to bring billions of dollars into DeFi and Web3, creating a new DeFi primitive
- Investing in tokenised US Treasuries is now more profitable compared to the APY of the leading DeFi protocols
- Developing Asian and African economies lead on-chain private credit adoption
Read the full article for more insights!
👉 https://cryptorank.io/insights/research/rwa-future-defi-primitive
ZkSync Era is the leading L2 Chain by 7D Fees
ZkSync Era leads by 7D fees among L2 solutions:
zkSync Era - $897K
StarkNet - $421K
Arbitrum - $341.5K
Optimism - $204.2K
Base - $168.5K
👉 https://cryptorank.io/tags/layer-2
The Latest Breaking News 📣
— Digital Euro project moves to 'Preparation' phase
— Lightning Labs introduces 'Taproot Assets' to expand Bitcoin's network capabilities
— Tesla keeps Bitcoin stash steady in Q3
— FTX used billions in customer funds to buy back Binance stake
— Standard Charted backed Zodia Custody expands its institutional crypto services to Australia
👉 https://cryptorank.io/news
Top 6 IEO Platforms by Current ROI
Binance 12.1x
KuCoin Spotlight 2.09x
HTX Primelist 1.35x
Bybit 1.34x
Bitget 1.30x
OKX Jumpstart 1.13x
👉 https://cryptorank.io/ieo-platforms-roi
GBTC Discount to NAV Reached Lowest Level Since 2021 📉
The discount to Net Assets Value of the Grayscale Bitcoin Trust (GBTC) has reached its lowest level in almost two years. This comes as the SEC decides not to appeal against the recent ruling on Grayscale.
The GBTC discount to NAV has been gradually declining as investors anticipate the first approval of the highly-anticipated spot Bitcoin ETF. On October 17, the discount reached -13.54%.
👉https://cryptorank.io/ico/grayscale-bitcoin-trust
📈Market Overview
Bitcoin price trades above $28K. The top-10 cryptos are traded in different directions:
Bitcoin +1.18%
Cardano -1.41%
Ethereum -1.08%
Market capitalization: $1.21T (+0.26%)
The BTC dominance: 46.29% (+0.97%)
Fear & Greed Index: 50 (Neutral)
https://cryptorank.io/heatmaps
👉 Top Gainers
Viberate (VIB) +67.9%
OAX (OAX) +35.4%
WAX (WAXP) +28.5%
👉 Recent Funding Round
Squads $5.7M strategic round led by Placeholder Ventures
MyShell $5.6M seed round led by INCE Capital
Fileverse $1.5M pre-seed round led by Gnosis and f.actor
BTC Futures
Aggregated Volume — $26.7B
Aggregated Open Interest — $9.1B
👉 Derivatives Market Analytics
Top 15 Stablecoins by Market Capitalization
Tether leads, followed by USD Coin, DAI, and True USD.
👉 https://cryptorank.io/categories/stablecoin
The Latest Breaking News 📣
— About $104M of positions gets liquidated due to fake news on Bitcoin ETF approval
— Uniswap to charge 0.15% to swap certain tokens on web interface and wallet
— Fidelity Digital Assets partners with EY for blockchain analytics solution
— Roblox to integrate XRP as a payment method
— Lido Finance sunsets Solana staking product after DAO vote
👉 https://cryptorank.io/news
About $104M of Positions Gets Liquidated Due to Fake News on Bitcoin ETF Approval
Due to the recent Bitcoin price manipulation, caused by the release of fake news regarding the approval of the BlackRock Bitcoin Spot ETF, about $104M in longs and shorts was liquidated from the leading derivatives exchanges within the past hour:
- $46M on OKX;
- $30M on Binance;
- $9.4M on Bybit;
- $7.2M on Huobi;
- $6.6M on CoinEx.
👉 https://cryptorank.io/derivatives-analytics/bitcoin
Top 7 Token Unlocks of the Upcoming Week
The following tokens with the largest unlock amount will be unlocked next week:
- Axie Infinity - $65.16M
- BitDAO - $58.6M
- Uniswap - $34.03M
- Tribal - $29.83M
- ApeCoin - $16.15M
- Flow - $7.75M
- Lazio Fan Token - $5.15M
👉 https://cryptorank.io/token-unlock
Top 8 Projects by TVL on Mantle
Discover projects with the highest total value locked on Mantle, a high-performance Ethereum layer 2 network built with modular architecture.
👉https://cryptorank.io/price/mantlexyz
Top 7 Layer 2 Blockchains by Daily Transactions
zkSync Era leads with 967K transactions, followed by Base (930K) and StarkNet (611K).
👉 https://cryptorank.io/tags/layer-2
📈Market Overview
Bitcoin price trades below $27K. The top-10 cryptos are traded in different directions:
Bitcoin +0.29%
Solana -1.55%
Ethereum -0.84%
Market capitalization: $1.16T (-0.06%)
The BTC dominance: 45.15% (+0.35%)
Fear & Greed Index: 44 (Fear)
https://cryptorank.io/heatmaps
👉 Top Gainers
Loom Network (LOOM) +28.9%
BarnBridge (BOND) +23.5%
Threshold (T) +17.3%
👉 Recent Funding Round
Account Labs $7.7M funding round led by Amber Group
Parsec $4M extended seed round led by Galaxy
Initia funding round with participation from Binance Labs
BTC Futures
Aggregated Volume — $15.1B
Aggregated Open Interest — $8.9B
👉 Derivatives Market Analytics
Daily Active Addresses on Popular Layer 2 Blockchains
ZK rollups zkSync Era and Starknet lead by 7D average active addresses.
Arbitrum remains the most popular Optimistic rollup by daily active addresses.
👉 https://cryptorank.io/tags/layer-2
Top 15 Launchpads By Raised Amounts in Q3 2023
Coinlist leads with $8.24M raised during the Chainflip ICO. Binance Launchpad takes second place with a successful Arkham token sale, establishing itself as a leader among IEO and IDO launchpads. The third place belongs to MultiversX native xLaunchpad.
👉https://cryptorank.io/ico-analytics
Binance Blockchain Week Announces Impressive Speaker Lineup for November Conference in Istanbul
The global blockchain ecosystem behind the largest cryptocurrency exchange by trading volume, Binance, will host an annual flagship conference Binance Blockchain Week in Istanbul from November 8 to 9, 2023.
👉 https://news.cryptorank.io/binance-blockchain-week-announces-impressive-speaker-lineup-for-november-conference-in-istanbul/
CryptoRank Has Partnered With TRON DAO
for HackaTRON Season 5
CryptoRank is thrilled to participate as a judge for HackaTRON Season 5! This season strives to empower developers to improve their BUIDLing skills while also establishing connections within the blockchain space.
👉https://trondao.org/hackatron/
📈Market Overview
Bitcoin price trades above $28K. The top-10 cryptos are traded in red zone:
XRP -2.24%
BNB -1.55%
Dogecoin -1.51%
Market capitalization: $1.19T (-1.06%)
The BTC dominance: 46.27% (-0.06%)
Fear & Greed Index: 52 (Neutral)
https://cryptorank.io/heatmaps
👉 Top Gainers
StarLink (STARL) +63.9%
ArbDoge AI (AIDOGE) +31%
Ardor (ARDR) +14.7%
👉 Recent Funding Round
Elixir $7.5M Series A round led by Hack VC
Squads $5.7M strategic round led by Placeholder Ventures
Fileverse $1.5M pre-seed round led by Gnosis and f.actor
BTC Futures
Aggregated Volume — $17.4B
Aggregated Open Interest — $8.7B
👉 Derivatives Market Analytics
Institutional entities with the Largest BTC Holdings
MicroStrategy holds the largest amount of BTC on its balance worth $4.49B, followed by Marathon Digital Holdings, Tesla, and Coinbase.
👉 https://cryptorank.io/price/bitcoin
The Latest Breaking News 📣
— FTX Creditors could see $9B dispersement by next June
— EU formally agrees on new crypto tax data sharing rules
— Fantom Foundation confirms $550,000 stolen from one of its wallets
— BNB Chain launches Greenfield mainnet for decentralized data storage
— Reddit plans to sunset its blockchain-based reward service Community Points
👉 https://cryptorank.io/news
Leading Derivatives Exchanges by 7D Fees
dYdX leads, followed by GMX, Synthetix, and Kwenta.
👉 https://cryptorank.io/tags/derivatives
Top 10 SocialFi Projects by 30D Active Users
Galxe leads, followed by Dmail Network, Friend.tech, and Hooked.
👉 https://cryptorank.io/categories/social
📈Market Overview
Bitcoin price surged above $28K. The top-10 cryptos are traded in different directions:
Solana +6.04%
Cardano -1.06%
XRP -0.59
Market capitalization: $1.2T (+0.74%)
The BTC dominance: 45.85% (+0.69%)
Fear & Greed Index: 52 (Neutral)
https://cryptorank.io/heatmaps
👉 Top Gainers
Viberate (VIB) +38.9%
Orbs (ORBS) +31.9%
Dock (DOCK) +30.9%
👉 Recent Funding Round
Account Labs $7.7M funding round with led by Amber Group
MyShell $5.6M seed round led by INCE Capital
VirgoCX $3.67M funding round with participation from Waterdrip Capital
BTC Futures
Aggregated Volume — $54.8B
Aggregated Open Interest — $8.8B
👉 Derivatives Market Analytics
📈Market Overview
Bitcoin price trades below $27K. The top-10 cryptos are traded in different directions:
Solana -0.49%
Dogecoin +1.39%
Ethereum +0.59%
Market capitalization: $1.17T (+0.3%)
The BTC dominance: 44.97% (-0.21%)
Fear & Greed Index: 45 (Fear)
https://cryptorank.io/heatmaps
👉 Top Gainers
Ooki (OOKI) +82.4%
Metadium (META) +55.3%
StarLink (STARL) +46.4%
👉 Recent Funding Round
Account Labs $7.7M funding round led by Amber Group
Parsec $4M extended seed round led by Galaxy
Initia funding round with participation from Binance Labs
BTC Futures
Aggregated Volume — $4.3B
Aggregated Open Interest — $8.8B
👉 Derivatives Market Analytics
📈Market Overview
Bitcoin price trades below $27K. The top-10 cryptos are traded in different directions:
Solana +3.21%
Dogecoin +0.82%
Ethereum -0.13%
Market capitalization: $1.16T (+0.18%)
The BTC dominance: 45.05% (-0.08%)
Fear & Greed Index: 47 (Neutral)
https://cryptorank.io/heatmaps
👉 Top Gainers
BarnBridge (BOND) +116%
Orbs (ORBS) +43.6%
Beta Finance (BETA) +26.6%
👉 Recent Funding Round
Account Labs $7.7M funding round led by Amber Group
Parsec $4M extended seed round led by Galaxy
Initia funding round with participation from Binance Labs
BTC Futures
Aggregated Volume — $15.6B
Aggregated Open Interest — $8.8B
👉 Derivatives Market Analytics
Top 15 DApps by 30D Active Users on zkSync Era
SyncSwap leads, followed by Dmail Network, Maverick Protocol, and Mute.
👉https://cryptorank.io/tags/zk-sync-ecosystem
The Latest Breaking News 📣
— Voyager Ex-CEO charged by U.S. regulators with fraud, making false claims
— Mastercard successfully wraps up CBDC pilot with Reserve Bank of Australia
— Arbitrum STIP voting period ends. 29 protocols will recieve 49m ARB
— Japanese yen-backed digital currency, DCJPY, to go live in July 2024
— CoinList launches multi-chain staking fund for U.S. accredited investors
👉 https://cryptorank.io/news
Country Breakdown of Top On-Chain RWA Borrowers
Emerging markets dominate in the area of RWA-based on-chain borrowing. The largest volumes of lending in RWA-based DeFi protocols are in South East Asia and Africa.
The US is the only developed economy with companies engaged in on-chain RWA collateralised lending.
👉 https://cryptorank.io/tags/real-assets
Bitget Has Listed Big Time
Bitget has announced that Big Time (BIGTIME) has been listed in the Innovation and GameFi Zone. Deposits and withdrawals are open now, and trading is available in pairs with USDT.
👉 https://www.bitget.com/support/articles/12560603798817
The Latest Breaking News 📣
— JPMorgan's blockchain-based collateral settlement application goes live
— Real USD (USDR) stablecoin depegs and price crashes by 50%
— Platypus Finance suffers more than $2 million exploit on Avalanche
— Scroll goes live in mainnet
— Stars Arena $3M exploiter sends back 90% of funds for 10% bounty
👉 https://cryptorank.io/news