For instance, in the DeFi space, Uniswap’s TVL depreciated from $4.25 billion to $3.48 billion over the last 30 days, according toAlong with that, the fees generated by Uniswap depreciated by 16.7% in the last seven days as well,Even though the hype around Uniswap’s NFT wasn’t able to generate fees or impact its TVL, it did attract more unique users to the DEX.i, a crypto analytics firm, the number of unique users on Uniswap grew by 42.45% in the last 30 days.
The spike in unique addresses led to the spike in UNI’s network growth as well, which increased tremendously in the last few days.for the first time had increased. The number of daily active addresses on the network grew in congruence with the network growth as well. However, both these indicators declined as of 1 December, indicating that the spike could have been caused by the excitement around Uniswap’s NFTs, and the trend could change in the coming future.Subscribe to get it daily in your inbox.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Uniswap sees surge in network activity following launch of NFT aggregatorUniswap announced the launch of its NFTs aggregator platform. This led to a rally in the count of new addresses and the number of addresses that traded UNI. In the face of the prolonged crypto winter, leading decentralized exchange Uniswap[UNI] launched its NFT aggregator tool on 30 November. According to the announcement blog post, the […]
Source: CryptoAmb - 🏆 22. / 68 Read more »
Magic Eden launches NFT tool to enforce creator royaltiesThe Solana-based NFT marketplace Magic Eden has announced the Open Creator Protocol (OCP). OCP is an open-source tool that NFT creators on Solana can deploy to ensure that royalties are paid whenever their assets are traded on secondary marketplaces. The tool has been built on top of Metaplex’s existing SPL token standard for NFTs on […]
Source: CryptoAmb - 🏆 22. / 68 Read more »
Polygon’s DeFi space witnesses growth but for how long will it help MATICPolygon’s Total Value Locked (TVL) registered a downtick Metrics were supportive of a continued surge DeFiLlama’s recent data revealed that in the past week, Polygon [MATIC] stood out after having the newest Defi protocols listed. This development looked promising for Polygon, which has been witnessing a decline in its total value locked for several weeks […]
Source: CryptoAmb - 🏆 22. / 68 Read more »
Reasons why Solana [SOL] holders can still consider going longSolana’s affiliation with FTX and Alameda has shaken the network in recent weeks. Solana NFTs and dApps have, however, been giving the network some hope of stability and user growth. Solana has been going through a hard spell recently, largely in part due to its associations with FTX and Alameda. As a result, it has […] I think considering selling is a better option, risk is way to high. And it's not ftx only things were not looking great for sol before
Source: CryptoAmb - 🏆 22. / 68 Read more »
BitKeep becomes the new wallet partner of OpenSeaOn November 30th, BitKeep, the world’s leading Web3 multi-chain wallet, announced a new strategic partnership with OpenSea, the world’s leading peer-to-peer marketplace for NFTs. With a plan to grow the global NFT ecosystem, the two parties will start cooperation from the BNB chain in the initial phase. Both platforms intend to improve market liquidity through […] 🫶
Source: CryptoAmb - 🏆 22. / 68 Read more »
Tips to deal with shrinkflation at the mall as some shoppers question discountsAt first glance, it might seem like the deals have never been better as posters in store windows and online ads trumpet a steady stream of holiday sales. But some consumers say the discounts are more hype than real.
Source: CTVNews - 🏆 1. / 99 Read more »