In-depth Analysis of Adrena: The Dark Horse of PerpDEX with Top Three Monthly Trading Volume on Solana
The explosive growth of decentralized exchanges (DEX) is reshaping the market landscape for Web3 exchanges. From swaps to perpetual contracts, DEX is challenging the dominance of traditional CEX with higher transparency and user sovereignty. In this transformation, Adrena has quickly become a highly regarded perpetual contract platform in the Solana ecosystem with its unique community-driven model and 100% fee rebate mechanism. The birth of Adrena stems from the founding team's reflection on centralized control in Web3 — whether in trading mechanisms, underlying architecture, or governance models, it seeks to break the shackles of pseudo-decentralization.
Amnis has launched the second season of its airdrop activity, which starts today and will last until October 28th, with a total reward of 10 million AMI. To be honest, this airdrop share is not worth it; averaging $132,000 per month for 460,000 users over 6 months? That's a measly portion per person! Oh no, I might be mistaken, this could be a big mistake: because the community's user loss is severe, perhaps only about 300 users are left, which means an average of $400 per person!
Criticism aside, it's just that Amnis's airdrop share for the community is too small, allowing the project party to control the market at will, and AMI has risen higher amidst the community's curses, increasing by 72% since its launch.
Students who are still holding high positions in APT can pay attention to the Hyperion ecosystem project, which has seen rapid TVL growth, currently over 13 million, and a daily trading volume of about 25.9 million. Note: Token has not been issued yet.
👉Portal: https://hyperion.xyz/drips?inviteCode=wsCu1i (Thank you all for using my invite code wsCu1i)
- Core: Earn Drips by providing liquidity pools, swapping, and yapping, one by one.
1️⃣ Provide liquidity - After connecting your wallet, select pools. If you're worried about impermanent loss, you can choose stablecoin trading pairs. The APR for the USDt/USDC liquidity pool is about 21% (7.2% base rate + 13.8% reward rate), with an investment of 100 USD equating to 5 drips per day.
2️⃣ Swap - After connecting your wallet, select Swap to start trading. Every transaction of 0.01 USD = 1 drip. Make sure to adjust your slippage settings.
3️⃣ Lottery - You can earn lottery tickets through trading. No transaction earns 1 lottery ticket for every 50 USD transacted. This week's prize pool is 1500 APT (valued at 8164 USD).
After just scolding Abstract, I found that Pengu's performance was quite outrageous, having increased by 1.6 times in a week. Unfortunately, I exited completely at 0.08. But upon reflection, the logic behind this makes sense, as they used methods like XP, badges, and ecological projects to lure retail investors in, injecting liquidity and driving up the coin price. The operation is quite impressive; at least it makes this little pest feel admiration.
1️⃣Theoriq has taken a snapshot of the 3 million rewards for Yappers. The number one @crypthoem has a 0.7% share, corresponding to about 21,000 tokens. Even the 100th has a 0.14% share, corresponding to 4,200 tokens
2️⃣From the recent generous airdrops given by Wayfinder to Yappers, we can draw a conclusion that the current project owners are more inclined to contribute their shares to community members who can truly bring high-quality content and high-quality users to the project. Therefore, it is certain that KAITO has become a golden shovel, and everyone continues to work hard to roll yaps.
3️⃣Everyone can pay more attention to the projects in the KAITO rewardstation, which are all open incentives.
Don't Just Chase Airdrops—The Basics of Trading (Episode 1)
Recently, my uncle has been pondering a question—during this sluggish market for airdrops, where rights protection is constantly emerging, airdrops might provide some gains, but ultimately it's just a small part of the cryptocurrency market totaling over 20 trillion. Understanding technical analysis in the secondary market is essential to avoid being cut! Today, my uncle will take you from zero to learn some basic trading knowledge together: I. Basics of Trading: Understand these first, then talk about making money 1️⃣ Exchange Type Mainstream exchanges in the crypto world are divided into two categories: centralized exchanges (CEX) like Binance, suitable for beginners, easy to operate but with asset custody risks;
Is the Huma pool full, can I earn points by purchasing mPST? Resolved by Huma's Chief Customer Service—【The mPST obtained directly is fine, the Feathers you should earn will be automatically given to you, but the purchased mPST and PST are both on-demand. You can go to Huma Dapp -> Portfolio, click on the ... after each position, to exchange for 3 months or 6 months. If you sell or transfer locked PST or mPST, the extra Feathers earned will be deducted, treating it as on-demand】
Path:
1️⃣ Go to the Jupiter liquidity pool to exchange for PST or mPST - Jupiter exchange address: https://jup.ag/tokens/HUPfpnsaJtJGpJxAPNX1vXah7BgYiQYt1c2JMgMumvPs… - mPST contract address: HUPfpnsaJtJGpJxAPNX1vXah7BgYiQYt1c2JMgMumvPs - PST contract address: 59obFNBzyTBGowrkif5uK7ojS58vsuWz3ZCvg6tfZAGw
2️⃣ Return to the Huma page, on the left side in the Portfolio section, wait 2 minutes to see the newly purchased mPST, but the mPST obtained through purchase is in an unlocked state, corresponding to a points multiplier of 5 times. So you can click on the '...' to the right of the amount to switch the locking duration to earn more points.
The LAYER surge is quite strong, and my uncle is very curious about the relationship between the TVL of protocols like Solayer and their market value. Therefore, he examined the trading and TVL since its launch on February 12 and discussed the following:
👉TVL Change Observation 1️⃣ Before Layer's launch: TVL peaked at $520M, and quickly decreased after the launch on February 12. 2️⃣ Current Status: TVL has dropped to $122.55M, but has stabilized in the range of $120M±$20M over the past 30 days, with a slower rate of capital outflow.
👉$LAYER Price Historical Volatility 1️⃣ After the LAYER launch, the highest price reached 1.4, and then started to plummet in the following days, hitting a low of $0.7 (a 17.5% drop), with TVL shrinking to $120M, showing a high correlation with price. 2️⃣ Starting from early March: the price rebounded all the way to today's peak of $2.97, with TVL stabilizing at $120M, indicating a temporary decoupling between price and TVL.
👉Quantitative Indicators and Statistics 1️⃣ Trend Strength — 30-Day Moving Average (MA): Currently $1.62, slope +2.1%/week, medium-term trend is upward, but the trend is weakening. 2️⃣ Overbought/Oversold RSI: On April 26, RSI was 58, not overbought. 3️⃣ Volatility (annualized): 29.6%
Therefore, the TVL of Solayer and its price are gradually decoupling, reflecting a shift in the market from being driven by capital to being driven by sentiment. Of course, we cannot ignore the factors of the recent market trend shift. What does everyone think?
How many of the top 20 projects in KAITO Pre-TGE for 7 days have you participated in?
Monad: I saw that over 20 million participating addresses just gave up. PUMP: I haven't participated much because I didn't invest in Dogecoin. Abstract: I participated fairly deeply; just one account is playing. MegaETH: I remember it was clearly stated that the test network has no incentives, so I didn't follow up, but this might actually be a project that will go bad. Theroiq: I started participating from Season 1; previously, I could chat with AI to earn points, but now there's only a one-time point system for social tasks. Additionally, I can hang out more in the DC group. Opensea: I haven't participated much. Farcaster: I only registered an account and completed phone number binding and such. Sophon: I learned about this project last year when they were selling nodes, and it's currently in the farming points stage. Openledger: Teacher Xueqiao shared a script, but I haven't followed up on it. DefiAPP: I'm in the phase of maintaining transaction volume. Lombard: I did not participate. Balance: Pass. Succinct: Only one invitation code; I spend 10 USDT every week and maintain daily interaction status. Polymarket: I don't have a habit of placing bets; after a period of high-frequency interaction, I stopped paying attention. Infinex: I haven't followed up, but I have seen many teachers discussing it on Twitter. Union: I haven't followed up. Somnia: If I remember correctly, I got a batch of test network cards before, but I didn't continue to follow up. MITOSIS: I haven't followed up. Eclipse: I raised cows for a while, but later didn't delve deeper.
Do one without saying a word? The path of Soneium participation guide (Episode 1)
Criticism aside, the path of Soneium's pool is actually... not bad, 480 million ACS points = 48 million $ASTR = 1.4 million dollars. Therefore, I've decided to proceed with cost control in mind. 👉Portal: https://app.arkada.gg/en/event/path-of-soneium?ref=KG95H (please delete the invitation code if you mind) To make a long story short, just do them one by one. After logging in to the activity page in the upper right corner, you can see a map like the one in the picture below, with orange blinking dots, which represent individual tasks. There are a total of 9 tasks, grind.
$PENGU is really strong, with nearly 80% of the weekly price increase—this raises a question for Uncle: what is the purpose of chasing airdrops? Of course, it's to make money, right? But let's take a look at the current environment for extracting profits in the primary market:
1️⃣ Most projects are either engaging in PUA or counter-extraction.
2️⃣ Binance Alpha is also aggressively squeezing the share of on-chain airdrops.
3️⃣ Many projects have price discrepancies between the primary and secondary markets (the cost of obtaining airdrops is higher than the listing price). So how can we find a way out?
Uncle believes that one cannot just focus solely on the extraction area; it's important to pay attention to the dynamics of other subfields. The most important thing in this market is liquidity; wherever the money flows, I will follow. This can manifest in trading spot, playing with NFTs, or even going for memecoins. I feel that this market has never lacked opportunities; it’s just a matter of time before opportunities turn around. So as long as we ensure that losses are within a manageable range, we will be fine.
1️⃣ Points Since Beaver Points are on-chain points, they should be the primary consideration for the project team in deciding airdrop distribution. Therefore, starting from this point, there are only three ways to earn on-chain points: - Check-in (low cost, but fewer points earned) - Join a paid group (0.01 ETH corresponds to 20,000 points, approximately 17.5u, with a cost of 0.000875u per point) - Tipping (cost is slightly higher than joining a group, with a cost of about 0.0013u per point) The above methods of earning points have their pros and cons. If you want to quickly accumulate points, the fastest way is to establish a paid group with a main account while using a sub-account to join the group, and then tip back from the main account.
2️⃣ Towns Wallet Transactions Recently, Towns announced on their official Twitter that you can directly buy and sell Sol and Base chain assets within the group, and I believe the activity level of on-chain transactions in the Towns wallet may also become one of the considerations for airdrops. - Operating Instructions: Type "$ followed by the token name" in the Towns group chat, then trade on the right side.
3️⃣ Activity I'm not very familiar with the technology of this end-to-end encrypted social software, but being active is never a bad thing: including chatting in the group, and reviewing specific groups.
Why do Web3 projects focus on TVL? You will understand if you understand these points
I believe that whether you are a big player like me or a farmer on the chain, you must have a feeling that all public chain projects have chosen to pile up TVL crazily. Let's take a look at why Web3 projects are obsessed with TVL before issuing coins~ 1. What is TVL? To put it simply, it is the money bag of the project TVL (Total Locked Value) is how much money people have deposited into a project. The larger this number is, the more people trust it with real money. It's like opening a milk tea shop - the more people line up at the door, the more people think this shop is reliable, right?
How CKB Becomes the Ideal Layer 2 for Bitcoin? An Analysis of Technology, Ecosystem, and Market Consensus
In response to the growing demand for expansion in the Bitcoin ecosystem, how to effectively enhance its cross-chain interoperability and programmability has become an urgent issue to address. Nervos CKB, as a public chain based on Proof of Work (PoW) and the UTXO model, not only continues Bitcoin's core design philosophy but also builds an efficient and secure Layer 2 solution for Bitcoin through innovative technologies like the RGB++ protocol and Fiber Network. Since its mainnet launch in 2019, CKB's development has received widespread market recognition, gradually establishing its important position in the Bitcoin Layer 2 ecosystem. In this article, we will explore how CKB becomes an ideal expansion tool for the Bitcoin ecosystem from the perspectives of technical architecture, market performance, and future trends.
Looking for Alpha——A comprehensive interpretation of APT ecological data and popular projects
Uncle is here. Why should I pay attention to the APT ecosystem? Because I think that before others enter on a large scale, early layout can seize the opportunity. At present, the APT ecosystem has great advantages in development potential and user growth, and it is worth paying attention to and participating in the early stage. Ok, no more nonsense, start writing. 1. APT Data Analysis 1. Price Peak in early 2023: APT reached a peak close to $18 in early 2023, after which the price gradually fell.
Trough in the second half of 2023: Prices continue to decline in the second half of 2023, approaching a low point at the end of the year.
Analysis of Zora Airdrop Value: Airdrop Rules, FDV Estimation, and Average Income Prediction
"Mint a Zora NFT for self-defense" — Is this phrase familiar to everyone? As an innovative NFT platform, Zora has attracted many users and developers, completing 72 million transactions on-chain in a short period, with active addresses reaching 760,000. Today, let's discuss Zora's possible airdrop rules and the potential value of the airdrop, and delve deeper with uncle.
I. Airdrop rule analysis Although there is currently no official confirmation, some participating rules and conditions are believed to potentially affect airdrop eligibility. Here are some circulated conditions and speculated rules: