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Key Market Information Discrepancy on September 12th, a Must-See! | Alpha Morning Report

2024-09-12 10:09
Read this article in 15 Minutes
1. New projects: DeFi application Atlas, free Mint CAT-20 Beggy, DAO financial application Juice, new DEX standard EtherOs 2. Popular memes: $DOG (Ethereum) $PEPAY (Ethereum) $DoMo (Solana) $BWULL (Solana) 3. DeFi changes: multi-chain DEX Bebop 24-hour trading volume increased by 32%, Hallswap 24-hour trading volume increased by 25% 4. Token unlocking: On September 12, EUL will unlock tokens worth $191.65k, accounting for 0.24% of the total circulation 5. Top news: Grayscale: Sui Trust is open to qualified investors seeking to invest in SUI

Top News


1.ether.fi: The Season 3 Airdrop Event will end on September 14, and claiming will go live on September 23

2.Movement Labs plans to launch a quick settlement transaction mechanism on L2 network by the end of 2024

3.Uniswap's market share in DEX has currently dropped to 36%

4.Succinct Labs and OP Labs jointly introduce Succinct to address ZK Rollups challenges

5.Lido Alliance launches the liquidity staking protocol Drop, with 10% of DROP total supply allocated to the staking rewards pool

6.Grayscale: Sui Trust is now open to accredited investors seeking to invest in SUI

7.BNB Chain's official X account profile picture teaser hints at the upcoming BNB restaking


New Project Discovery (‼️High Rug Risk‼️)


Daily new project or community attention dynamics, sorted and ranked by X Alpha account follow count and growth

Data Source: getmoni.io

BlockBeats Note: The following are early-stage projects with limited followers, high Rug and contract risks, participation should be cautious, not investment advice


1. Atlas (@atlasxyz)

Atlas is the blockchain for verifiable finance—a transparent, secure, and performant financial world without trade-offs. Atlas is designed for financial applications, combining the performance of traditional finance with the transparency of DeFi. It offers reliable transaction delivery, near-zero transaction costs, lightning-fast preconsensus, frequent and reliable oracle updates, and honest sequencing.


2. Beggy (@Beggy1c)

Free Mint, Limited Supply Co. crack the egg, watch it hatch from yolk to fractal


3. Juice (@juicedotfun)

Juice.fun enables anyone to tokenize their DAO with minimal effort or launch a vibrant token ecosystem, removing past technical and financial barriers that plagued similar projects.


4. EtherOs (@ether_os)

The pioneering standard for DEX—designed for Ethereum and Layer2 solutions.


New Trending Memes (‼️High-Risk to Zero‼️)


Daily meme market highlights and fund flow, ranked by trade volume/market cap ratio and 4h profits

Data Source: DEX Screener

BlockBeats Note: The following are new meme projects deployed today or with a short deployment duration. The meme market is highly volatile, with high rug and contract risks. Participation should be cautious and is not investment advice.


$BWULL (Solana)

Mcap: 431K

24h Volume: 374.1K

Today's 12AM (GMT+8) highest buy-in profit: 372.73%; current profit: 290.91%


$DoMo (Solana)

Mcap: 6.9M

24h Volume: 378.4K

Today's 12AM (GMT+8) highest buy-in profit: 23.73%; current profit: 18.64%


$PEPAY (Ethereum)

Mcap: 5.6M

24h Volume: 370.5K

Today 12AM (GMT+8) Highest Buying Profit: 82.80%; Current Profit: 50.5%


$DOG (Ethereum)

Mcap: 3.7M

24h Volume: 1.2M

Today 12AM (GMT+8) Highest Buying Profit: 7344.44%; Current Profit: 6566.67%


DeFi Update


Daily DeFi market capitalization and trading volume changes, filtered and sorted by DEX Aggregator and Perp DEX trading volume and growth rate

Data Source: DeFiLlama


DEX Aggregator Volume Change


1. Bebop (Multi-chain)

24h Trading Volume Change: +32.8%

7d Trading Volume Change: 37.83%

24h Trading Volume: $16.67m

7d Cumulative Trading Volume: $102.44m


2. Hallswap (Multi-chain)

24h Trading Volume Change: +25.8%

7d Trading Volume Change: -8.2%

24h Trading Volume: $379k

7d Cumulative Trading Volume: $2.04m


3. Rubic (Multi-chain)

24h Trading Volume Change: +11.64%

7d Trading Volume Change: 15.9%

24h Trading Volume: $1.23m

7d Cumulative Trading Volume: $6.87m


Polymarket Daily Picks


Source: Polymarket

BlockBeats Note: The following are all Polymarket's newly added betting topics for today. The betting protocol market is highly volatile, so participation should be cautious and is not investment advice


1. What will Trump say at the Nevada rally?


2. Will There Be Another Debate?


Market Data


Observe daily market-wide funding rate heatmaps and inflows/outflows based on ETF flows

Data Source: Coinglass, Sososvalue, TokenUnlocks


Funding Rate


Bitcoin ETF Net Inflows/Outflows


Token Unlocks


Featured Articles & Data


Articles & Threads


1.《Hyperliquid: Don't Miss The Forest For The Trees

@0xOmnia

Everything until the release of HyperEVM (expected by EOY) is mere testing, including the Perpetuals product that has dominated on-chain Perps trading for the past few months, leading the charts in traded volume and unique traders daily. However, it is time to cast a wider net – simply competing for moves in trades with on-chain perpetuals platforms (they are not true competitors) is merely the first domino to pursue the move into trad-fi and ultimately move into on-chain finance.


2.《Polymarket: Crypto's Election-Year Breakout App

Will Ogden Moore, GaryScale

Given the increasing mistrust of the media, GaryScale's research believes that by leveraging the transparency and record-keeping of blockchain technology, market incentives, and the collective wisdom of users, Polymarket has the potential to become a "source of truth."


Daily Featured Data Dashboard


1. Pump.Fun Data Dashboard

Source: @adam_tehc


2. EigenLayer Airdrop Season 2 Data Update

Source: @p2p_org


3. Solana Network Data Dashboard

Source: BlockBorks


Podcasts


1. "How Crypto Fixes the Internet Monopoly," Bankless


2. "Legion: The Return of ICOs," Delphi Digital


3. "Onchain Economies: Empowering Today’s Content Creators," 0xResearch


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