Alpha issue #78
DMH's spotlight, new concepts and narratives, guides & more!
DMH Newsletter is a vital news hub with crucial updates & narratives and trends
Today you will find Alpha on:
Spotlight
Updates & Upgrades in DeFi
Alpha by Threadors & Good Reads
OnChain & Macro & News
Exploits & Bugs
Spotlight Project: KTX Finance
KTX Finance Description:
KTX.Finance, an on-chain decentralized derivatives & social trading protocol that offers leverage of up to 100x to the traders.
KTX.finance is built on top of Mantle Network & Binance Chain.
Being the leading perp DEX on Mantle is primed to grow alongside the explosive growth of the Mantle DeFi ecosystem
By using a single multi-asset pool KTX provides high efficiency, low swap fees and also allows mitigation of counterparty risks & up to 100x leverage when traders trade against the KLP pool.
Their purpose is to provide seamless and efficient CEX-type trading while adhering to the principles of decentralization.
🙍♂️ Followers: 37.3k
KTX Breathtaking Stats:
$500m : Trading Volume
$1m : Open Interest
10k : Unique Traders
126.60% Boosted APY, the KTX pool on Solv Protocol : The highest yield on $USDT
190% APR for KTC stake on Mantle Network
Latest Update: Trade & Earn Campaign
KTX.Finance's trading and earning season is off to a flying start with a prize pool of $105,000.
As a proud recipient of the Mantle Ecosystem Grant, they are eager to share their success with valued community.
The grant received will be used to subsidize a significant portion of trading costs and further increase incentives for our valued users.
Trade & Earn Season Timeline
There will be 4 Epochs to the T&E Season, each spanning a week:
Epoch 1: 25th Nov to 1st Dec 2023
Epoch 2: 2nd Dec to 8th Dec 2023
Epoch 3: 9th Dec to 15th Dec 2023
Epoch 4: 16th Dec to 23rd Dec 2023
The Breakdown of the rewards you'll receive just by trading at http://KTX.Finance so take advantage of it
2/➯ Updates & Upgrades in DeFi
Orbiter Finance announces O-Points for future airdrop:
Chainlink Staking v0.2 is just around the corner:
Arbitrum Campaign on Bungee:
Space community endorses capping atom inflation at 10%:
Starknet v3 transactions Q1 2024:
Nansen 2 Public Beta launches tomorrow:
BanklessDAO asking for 1.82M ARB grant:
Galxe is distributing the $500K ARB grant with its ARB STIP Blast program:
Thala Liquid Staking Live on Aptos:
Jupiter will release airdrop checker this Friday:
Introducing $JTO: A New Era of Community-Led Governance:
3/➯ Alpha by Threadors & Good Reads
𝐂𝐚𝐧 𝐆𝐚𝐦𝐞𝐅𝐢 𝐁𝐫𝐢𝐧𝐠 𝐍𝐅𝐓𝐬 𝐁𝐚𝐜𝐤 𝐓𝐨 𝐋𝐢𝐟𝐞 : TheDeFiPlug
The current landscape of options on cryptocurrencies: Impossible Finance
Overview of Blast Multisig: Jarrod Watts
The Rise and Fall of Telegram Sniping Bots: Yurii Kyparus
Ethereum's Proto-Danksharding (EIP-4844): Stacy Muur
5 blockchains with growing usage : Dynamo DeFi
Deep Dive in Thena: Jake Pahor
The Different Approaches to Privacy On-Chain : Elusiv
Ethereum's criticism of too much Layer 2 is not true : Jesse Eckel:
The Best New Business Model in Crypto:
How Tokenization is Redefining the Future of Finance: A Look at RWA Adoption and Potential: Leilani
4/➯ VITAL NEWS📰₿
Hedge fund Nine Blocks has been licensed by the Dubai Virtual Asset Regulatory Authority (VARA):
The Fed is expected to cut rates by 100 basis points next year, according to Deutsche Bank Research:
US crypto regulation is likely 'in a holding pattern' until after the 2024 election: Paradigm Policy Director
Paradigm announcement about BLAST_L2:
/5 ➯⛓️On-Chain Data:
DyDx unlock 30% of supply:
The fees and MAUs on Starknet are trending:
Stablecoin supplies are up another $2.2 billion since -- Now up 2.8% over the last 90 days.
On-chain liquidity continues to improve:
Vertex hitting $1.57b trading volume in a single day:
Blast had ~4.3k unique depositors (by address) yesterday
Is 2/3 of the entire Prisma TVL from Justin Sun's deposit ?
6/➯ Macro Metrics 📈
The Fed's preferred measure of core inflation will fall at a slower pace, which should keep interest rates elevated for a longer period of time:
The $GBTC discount is down to 8% on the chart of the ETF, which is quickly becoming one of the top five ETFs of the year
50% of investors turned bearish after stocks dropped 10% in October:
Unrealized losses on the Fed's balance sheet exceeded $1.3 trillion for the first time in history, a truly unprecedented figure:
7/➯ Exploits & Bugs
KyberNetwork received $4.67M from frontrunbots (10% Bounty)
The Osmosis chain is back live from a ~2hr unexpected chain halt:
Inferno Drainer announces shutdown after draining over $70M from ~103K victims:
Typical vulnerabilities in LSD protocols:
That’s it for today frens!
Thank you for staying with us. Your future self will be grateful.
You can follow me on Twitter ➯ DeFi_Made_Here
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