zkSync has recorded negative chain revenue (–$5K) for the past 3 weeks.
In 2023 and 2024, the same chain was making millions in revenue per week.
And it’s not just zkSync, other chains like Blast, Zora have also seen their revenues turn negative.
In 2023 and 2024, the same chain was making millions in revenue per week.
And it’s not just zkSync, other chains like Blast, Zora have also seen their revenues turn negative.
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Big week ahead - brace for volatility ⚠️
• US CPI data: Today, 12:30 PM UTC
• FOMC meeting: Oct 28-29
• Xi-Trump bilateral: Oct 30 (Seoul, during APEC Summit)
Eyes on inflation, rates, and trade talks 🦅
• US CPI data: Today, 12:30 PM UTC
• FOMC meeting: Oct 28-29
• Xi-Trump bilateral: Oct 30 (Seoul, during APEC Summit)
Eyes on inflation, rates, and trade talks 🦅
👍13❤3
Since Oct 11, USDe has lost nearly 30% of its market cap, now sitting around $10.7B after $4B exited in just 14 days.
All this started with Binance’s internal oracle glitch that briefly showed USDe at $0.65, even though Ethena’s protocol and collateral stayed intact.
That short-lived depeg was enough to shake user confidence and the outflows haven’t stopped since. 👀
All this started with Binance’s internal oracle glitch that briefly showed USDe at $0.65, even though Ethena’s protocol and collateral stayed intact.
That short-lived depeg was enough to shake user confidence and the outflows haven’t stopped since. 👀
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🇨🇳🇺🇸 Mark for Uptober?
China and the U.S. just found common ground at the trade table.
After some “candid and constructive” talks in Kuala Lumpur, both sides reached a consensus on key trade issues.
The discussion covered export controls, tariff suspensions, fentanyl-related measures, anti-drug cooperation, trade expansion, and even U.S. Section 301 fees
Inshort China is ready to make a trade deal which would remove Trump's 100% tariff.
China and the U.S. just found common ground at the trade table.
After some “candid and constructive” talks in Kuala Lumpur, both sides reached a consensus on key trade issues.
The discussion covered export controls, tariff suspensions, fentanyl-related measures, anti-drug cooperation, trade expansion, and even U.S. Section 301 fees
Inshort China is ready to make a trade deal which would remove Trump's 100% tariff.
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hi everyone,
im participating in $MEGA ( megaETH ) sale tomorrow, shared below in this tweet everything you should know if you’re planning to participate as well 👇
https://x.com/Axel_bitblaze69/status/1982470893637869712
im participating in $MEGA ( megaETH ) sale tomorrow, shared below in this tweet everything you should know if you’re planning to participate as well 👇
https://x.com/Axel_bitblaze69/status/1982470893637869712
X (formerly Twitter)
Axel Bitblaze 🪓 (@Axel_bitblaze69) on X
Seeing @megaeth_labs | $MEGA talks everywhere lately and after going through the raise details and the whitepaper, I’m honestly aping into this one with size.
Sharing everything you should know before aping: 👇
raise goes live Oct 27–30 on Echo (Coinbase…
Sharing everything you should know before aping: 👇
raise goes live Oct 27–30 on Echo (Coinbase…
❤5👍2
Shared my watchlist for the coming week:
https://x.com/axel_bitblaze69/status/1982503600204247424?s=46&t=MpsMbNE2PDtDtDfKUQWooA
https://x.com/axel_bitblaze69/status/1982503600204247424?s=46&t=MpsMbNE2PDtDtDfKUQWooA
X (formerly Twitter)
Axel Bitblaze 🪓 (@Axel_bitblaze69) on X
My watchlist for the week:
$BTC → Two major macro events back t back. The FOMC meeting on Wednesday, followed by the Trump - Xi meeting on Thursday.
Rate cuts and trade deal could set the tone for risk assets into November.
If Powell sounds dovish and…
$BTC → Two major macro events back t back. The FOMC meeting on Wednesday, followed by the Trump - Xi meeting on Thursday.
Rate cuts and trade deal could set the tone for risk assets into November.
If Powell sounds dovish and…
👍9
Aster flipped Hyperliquid in perp volume, but is this enough to push $ASTER anywhere close to $HYPE’s price?
If you look at the bigger picture, this is Aster’s first month crossing $200B in monthly volume, while Hyperliquid has been consistently hitting that mark for the past 12 months.
Clearly with higher volume, Aster is now generating more fees than Hyperliquid.
Yet, $HYPE’s FDV still trades at nearly 5x $ASTER’s.
If Aster manages to sustain this volume trend and introduces a revenue buyback or fee redistribution model similar to Hyperliquid’s, market repricing toward parity becomes inevitable
If you look at the bigger picture, this is Aster’s first month crossing $200B in monthly volume, while Hyperliquid has been consistently hitting that mark for the past 12 months.
Clearly with higher volume, Aster is now generating more fees than Hyperliquid.
Yet, $HYPE’s FDV still trades at nearly 5x $ASTER’s.
If Aster manages to sustain this volume trend and introduces a revenue buyback or fee redistribution model similar to Hyperliquid’s, market repricing toward parity becomes inevitable
❤20
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Monad deciding how many tokens you deserve
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this is how i have been using polymarket lately
https://x.com/axel_bitblaze69/status/1983446667035898071
https://x.com/axel_bitblaze69/status/1983446667035898071
X (formerly Twitter)
Axel Bitblaze 🪓 (@Axel_bitblaze69) on X
Been messing around with Polymarket a lot lately..
and honestly, it’s starting to feel more like trading perps than doing predictions.
I mainly use those 15 min up/down BTC markets, especially during volatile hours..
CPI days, FOMC, or when Trump randomly…
and honestly, it’s starting to feel more like trading perps than doing predictions.
I mainly use those 15 min up/down BTC markets, especially during volatile hours..
CPI days, FOMC, or when Trump randomly…
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FOMC meeting in next 3 hrs, scheduled for 6 p.m. UTC.
Fed’s decision will set the tone for this last quarter.
There’s a 97.8% chance of a rate cut, and imo the market has already priced that in.
What everyone’s really waiting for is Powell’s speech hawkish or dovish, that’s where the real action will be.
The job market’s slowing down, inflation’s cooled off, and the government shutdown is hurting overall activity.
The big thing today is that Powell is expected to end QT, just like he did back in 2019, which kicked off the last big risk-on rally.
Fed’s decision will set the tone for this last quarter.
There’s a 97.8% chance of a rate cut, and imo the market has already priced that in.
What everyone’s really waiting for is Powell’s speech hawkish or dovish, that’s where the real action will be.
The job market’s slowing down, inflation’s cooled off, and the government shutdown is hurting overall activity.
The big thing today is that Powell is expected to end QT, just like he did back in 2019, which kicked off the last big risk-on rally.
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Alpha updates. 🪓
FOMC meeting in next 3 hrs, scheduled for 6 p.m. UTC. Fed’s decision will set the tone for this last quarter. There’s a 97.8% chance of a rate cut, and imo the market has already priced that in. What everyone’s really waiting for is Powell’s speech hawkish…
🚨 POWELL: Federal Reserve To End QT On December 1st!
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