summary
- StarkWare launches L2 integrated flow cell solution dAMM, designed to solve the pain points of liquidity fragmentation
- The market performed strongly, with both volume and price rising.
- NFT market turnover reached another high point since April 20.
Industry News
StarkWare refined the track, and launched the dAMM function for the L2 “ZK Rollup” expansion plan, which mainly integrates Loopring and Deversifi to solve the problem of liquidity fragmentation caused by the lack of liquidity due to the lack of users of ZK Rollup’s DEX.
The dAMM function separates the price state and the liquidity pool state, so that each L2 creates its own dAMM state for the same trading pair, thereby realizing the exchange of liquidity information across L2 liquidity pools. If the local pool has insufficient liquidity, dAMM can also expand the liquidity pool by injecting L1LP tokens.
Source: https://medium.com/starkware/damm-decentralized-amm-59b329fb4cc3
Secondary market data
BTC price changes
BTC spot price, source: skew
From August 1 (last Sunday) to August 8 at 14:00, BTC rose by 6254 points, an increase of 16.1%, and the BTC market saw a strong rise, which boosted the overall rise.
BTC trading volume
BTC spot trading volume, source: skew
After a short period of market correction, the trading volume gradually increased and the overall market atmosphere improved.
ETH funding rate changes
Source: skew
Recently, the overall funding rate has increased to varying degrees, and the performance of small currencies has become more obvious. In the next period of time, the performance of funding rate arbitrage may improve compared to the previous period.
ETH price changes
ETH spot price, source: skew
From August 1 (last Sunday) to August 8 at 14:00, ETH rose by 474 points, an increase of 17.71%.
ETH transaction volume
ETH spot trading volume, source: skew
ETH’s recent trading volume performance is relatively strong, and affected by the positive news of EIP-1559, the future market performance may be stronger than BTC.
Primary market data
The total lock-up volume of the public chain
Source: Debank
Due to the rising currency price, the overall TVL continues to rise. Compared with last week’s data, the total locked position increased by $13.33B; the net locked position increased by $10.99B.
ETH agreement lock-up amount
Source: Debank Statistics Date: 2021.8.8
BSC agreement lock-up amount
Source: Debank Statistics Date: 2021.8.8
Polygon agreement lock-up amount
Source: Debank Statistics Date: 2021.8.8
Fantom agreement lock-up amount
Source: Debank Statistics Date: 2021.8.8
The total lock-up amount of each agreement
Source: Debank Statistics Date: 2021.8.8
The recent TVL increment situation is good agreement
Source: Debank
Overall borrowing
Source: Debank
The overall scale of borrowing has now reached the level before “5.19”, but the currency price has not yet fully recovered, indicating that the overall market share has recently increased significantly.
NFT market transactions
Source: Dappradar
NFT market transactions are still hot this week, and there are still a lot of leaps in prices, number of transactions and sales. Among them, Meebits, Bored Ape Kennel Club and MoonCats have performed well.
Changes in NFT market volume
Source: NonFungible
NFT trading volume has reached a new high since April 6, 2020, which fully reflects the activity of the NFT market.
Latest financing situation
Posted by:CoinYuppie，Reprinted with attribution to:https://coinyuppie.com/graphical-cryptocurrency-market-nft-transaction-volume-hits-a-record-high-ethereums-inflation-rate-drops/
Coinyuppie is an open information publishing platform, all information provided is not related to the views and positions of coinyuppie, and does not constitute any investment and financial advice. Users are expected to carefully screen and prevent risks.
Buy me a coffee 
