Lido’s stETH withdrawals went live today and in the first few hours just under 300 ETH has been initiated for withdrawal. Celsius moved their 428k ETH ($785M) 10 minutes before withdrawals opened up and are expected to initiate the process soon. The... Read more

The Virtual Automated Market Maker (vAMM) NFT Perpetuals protocols today use a modified virtual AMM (vAMM) model for price discovery and store all the traders’ collateral in a smart contract vault. It acts as an independent settlement market where a... Read more

LDO, along with other LSDs, was being brutally battered. It briefly broke its 5-month-long support before quickly reclaiming it, resulting in the break being marked as a deviation. Regardless, LSDs have been experiencing a solid bid since 12 May, an... Read more

After being listed on Cryptoslam earlier this month, the Mythos Chain jump instantly to the number three spot. V2 of Mythical Game’s proprietary blockchain network (technically governed by the Mythos (DAO) Foundation), has seen greater NFT sales volu... Read more

Tribe3 is a gamified NFT futures exchange where users can trade NFT perps with leverage, engage in NFT tribe battles against others in the community, and win in-game items to create personalized avatars. The project recently started its beta mainnet... Read more

Level Finance is an oracle-based margin and spot trading decentralized exchange (DEX) that emerged following the success of GMX. Its growth has been remarkable since launching in 2023, achieving volumes that rival its largest competitor (GMX). The g... Read more

It was a pretty dramatic week in NFT lending. ParaSpace, one of the largest NFT lending protocols on Ethereum, is in the midst of an internal struggle. On one hand, two of the co-founders and the marketing team have accused its CEO/CTO Yubo Ruan of... Read more

As always, here are some forum threads I recommend you follow: BitDAO’s One Brand, One Token Movement According to the proposal, BitDAO suffers from fragmentation of its community, brand, and messaging due to a split between BitDAO and Mantle. BitD... Read more

Recent Research 📊 Level Finance’s Success and Sustainability – 5/11 Level Finance is an oracle-based margin and spot trading decentralized exchange that emerged following the success of GMX. Level captures between 10-42% of the daily volume marke... Read more

Ethereum went ~30 minutes today without finalizing blocks. How bad is this? Was Ethereum down? Well, not really. The way Ethereum PoS works is that it favors liveness over safety, this means that instead of halting the chain, which would happen in BF... Read more