1) Market trend:
The market has plummeted, and the trend may come to an end. The high contract rate is abnormal.
US stocks fell sharply, and the US dollar index rebounded. The minutes of the December Fed meeting were hawkish, hoping to keep high interest rates for a longer period of time.
2) Market hot spots:
1. L2's ARB rose to a record high, and $ETH series' ens and apex rose sharply. Vitalik tweeted that he was optimistic about the domain name ens. Apex is a derivatives exchange on the eth chain. Its transaction fee income has grown rapidly, approaching 20% of dydx. Its total market value of 900 million is close to 30% of dydx. A repurchase mechanism will be introduced in the future. As the Cancun upgrade approaches, the $ETH e series is strengthening.
2. The public chain sei rose, and the ecological seilor followed suit. Seilor was originally a #bsc chain, and later turned to liquidity pledge of sei. It rose 20 times in one month, and the total market value was 3000wu.
3. $honey of Depin has doubled. $honey is going to be listed on Coinbase exchange. Honey is the map Depin project of the #sol chain.
4. #bn The new launchpool project is xai, a game l3 on the arb chain. The founder has multiple game studios, and the economic model is similar to $gala. The financing valuation was $90 million six months ago, and the market value of competitors Magic and Gala is $500-1 billion.
5. Rune Cook has opened a new trading market. The price is more than 200 U, 30% lower than the high point of the over-the-counter market, basically in line with the overall market of runes. OK Wallet tweeted to support it.
