perp dex metrics comparisons

above tables from this thread

- dYdX holds 64.4% of market share
- GMX generates 2x fees with 1/5 of dYdX volume
- LVL generates 2x fees with the same volume as GNS

https://twitter.com/Moomsxxx/status/1672294920034369537?s=20

summary of vitalik's latest article on cross-L2 reading for wallets

#reads

https://twitter.com/jiayaoqi/status/1671456839408709634?s=20

State root: The hash of all account balances, contract storage, contract code, and account nonces. The hash is calculated using a Merkle/Patricia tree. The hash function is keccak256.

#newbie

link

here's a better summary

#reads

link

unibot's record fee days are mostly just made of token buy/sell tax with only 10% being actual platform use

https://twitter.com/levysaur/status/1672312807373803522?s=20

civil war developing in russia

https://www.bbc.com/news/world-europe-66006880.amp

Sectors that have the potential for massive bull market growth
- AI: $TAO $FET $RNDR $ORAI
- DEX: $CHNG $WOO
- GameFi: $NAKA $PZP
- Interoperability: $QNT $ATOM $ROUTE $KUJI
- Layer 1s: $ROSE $TRIAS $AZERO
- Layer 2s: $ARB $OP $ZKSYNC $MATIC
- Real Yield: $RDNT $GMX $MPL
- Tokenization: $RIO $BST $LEOX $PROPS

https://twitter.com/coinesper/status/1672597209127219201?s=20

pullback week

range low is the target

will try to bid some alts then

The dumb money is looking for something to do, and the market offers it. The coins that will draw the most attention will win.The general perception is that ‘number go up’ because buyers showed up, but in reality in this environment it is the opposite; buyers show up after the number goes up. First the egg, then the ‘chickun’.

https://open.substack.com/pub/credov/p/markets-at-the-open-f97?r=2i0865&utm_campaign=post&utm_medium=web

on-chain order books > off chain order books

in an off chain state price-time priority is not guaranteed, causing MEV at an order matching level

on chain state prevents this and keeps MEV at transaction ordering level

https://twitter.com/chameleon_jeff/status/1672715723603595264?s=21&t=v-Xc3KCTSHtoDQRZx74qYg

#reads perp dex

BTC - very unlikely to hit bottom again

"In the past, when MVRV broke strongly above 1.0 at the bottom of a bear market and continued to rise for several months, there was no case where Bitcoin bottomed out again."
― Link

by Dan Lim | @cryptoquant_official

homegirl from HK is explaining to me how shanghai is *completely* cashless now

any types of identification, bookings, reservations, payments, etc are all done thru wechat / alipay

cash is still accepted but no one has change and they look at you like you're a dinosaur

https://twitter.com/ooloo/status/1673183747682840576?s=21&t=9zY7qBHW6Fh9g-9ZAjz2Ig