DefiMoon 🦇🔊
@DefiMoon
#DeFi news and updates. Tweets are not financial advice! 10% off on GMX: https://app.gmx.io/#/trade/?ref=DefiMoon
A very clear demonstration that when it comes to pegged asset liquidity, @CurveFinance is the boss! Since last week, Curve's deep $wstETH pools have maintained 60%+ dominance 📈💪 Meanwhile, @0xfluid dominance all but disappeared as most their leveraged LPs started unwinding…
🩸wstETH Liquidity Crisis 1. Major ETH providers withdrew liquidity from AAVE 2. Farmers with wstETH/ETH looping positions are at loss and forced to sell at market, taking leveraged losses and driving down wstETH value 3. Arbitrageurs buy discounted wstETH and unwrap through…
OGN Buyback Blitz Begins July 21st 🏃🏼♂️ The protocol is ramping up buybacks by 2x—about $200K/week in new buy pressure. Watch as the DAO pulls $OGN off the market faster than ever (1/5):
🔥🏆UPDATE #10: Over the past 1h $CRV futures OI surged $30m to a new record high @ $477m as price of CRV rallied past $1.10 📈📊 Overall CRV has the 2nd highest 24h volume in the #DeFi category today behind $ENA, surpassing $PUMP, $LINK, $UNI and $AAVE: Keep in mind that as…
🏆UPDATE #9: $CRV futures open interest hit a fresh ATH today @ $448.5m after 10 days of CRV price consolidating around the big psychological level of $1. $CVX is also seeing record in highs in futures OI today @ $40m as price of CVX has shown strong performance this week…
🏆UPDATE #9: $CRV futures open interest hit a fresh ATH today @ $448.5m after 10 days of CRV price consolidating around the big psychological level of $1. $CVX is also seeing record in highs in futures OI today @ $40m as price of CVX has shown strong performance this week…
UPDATE #8: Another day, another ATH for $CRV futures open interest: $455.8m 🔥🏆 More importantly, a growing portion of CRV perp trading is starting to take place on Hyperliquid as OI, volume there has increased considerably over the past several weeks 📈🫳 Hyperliquid CRV Open…
Don’t just hold ETH. Position around it!🦙🕶️
Ethereum’s breakout won’t just move $ETH, it will rotate capital into every ETH-adjacent sector with real momentum. That means RWAs, stablecoin infra and ETH-native memes. Don’t just hold ETH. Position around it.
Since Monday: #Bitcoin ETFs have seen $285m of outflows 📉 #Ethereum ETFs have seen $1.1b of inflows 📈 Not sure if this is extremely bullish or very concerning given how much potential outflows there could in the near future: bitcoin ETF AUM is currently @ $152b😬 $ETHA…
ETH is leaving exchanges at a dizzying rate 📉🔥 Weekly spot $ETH outflow from exchanges currently @ $936.7m; on track for a new record high! The last time weekly spot outflows were this strong was in mid-December, 2024 when ETH was trading around $4000! The big difference now…
Wow, the gap between $ETH and $BTC 24h volume just keeps growing. Also notice how big the gap is between $USDT and bitcoin 24h volume: It used to be that majority of Tether's volume was concentrated in the #bitcoin market, but that seems to no longer be the case. Michael…
UPDATE: Another day of strong $CRV token outflows from exchanges!
There was a lot of focus on CRV futures open interest this week due to how quickly it was growing alongside the price of CRV, but now we're starting to see significant outflows of CRV tokens from exchanges! Yesterday was the biggest daily spot $CRV outflow from exchanges since…
$ETH $BTC 🔴 🔴
ETH continues to pump, and now doing 35% more volume than BTC and SOL COMBINED!!! 🚀
There was a lot of focus on CRV futures open interest this week due to how quickly it was growing alongside the price of CRV, but now we're starting to see significant outflows of CRV tokens from exchanges! Yesterday was the biggest daily spot $CRV outflow from exchanges since…
No, it shouldn't! Not only are overall fees down on Fluid, but majority of the fees are from the money-losing ETH-USDC pools or Ethereum and Arbitrum, where LPs get raped by rebalances: x.com/DefiMoon/statu… Btw, the Fluid/ETH pool makes more fees than all the other…
UPDATE #3: Cumulative losses to $USDC - $ETH LPs on @0xfluid are $19m due to rebalancing 😱😬 dune.com/queries/485579… Fluid devs are now offering 500,000 of $FLUID tokens vested over a year to cover losses of LPs.... 500k fluid at current price is $2.6m 😁🤡…
🔥UPDATE: Savings $crvUSD APY has increased from 7.4% to 9% as weekly distributions to scrvUSD hit a new record high this week: Demand for crvUSD is expected to increase dramatically due to the strong performance of $CRV which is pushing yields up across all @CurveFinance…
scrvUSD is currently offering some of the highest organic stablecoin yield in all of DeFi @ 7.4% That's much higher than the 4% $sUSDe offers, or the 3.5% average supply rate of $USDC, $USDT on AAVE, or even Hyperliquid's HLP vault, which is currently offering 6% APR on USDC…
UPDATE #8: Another day, another ATH for $CRV futures open interest: $455.8m 🔥🏆 More importantly, a growing portion of CRV perp trading is starting to take place on Hyperliquid as OI, volume there has increased considerably over the past several weeks 📈🫳 Hyperliquid CRV Open…
UPDATE #7: $403m OI on $CRV 🤯🤯🤯 This is a historic number! 👑🏆 What will OI look like wen CRV breaks $2?🫡 #Altseason 🌑🌘🌗🌖🌝
UPDATE: $SBET is going for a $5b ATM and they still have $279M left over from the previous one! 😍 🔥💰x.com/FilingTracker/… Looking increasingly likely that ETHBTC going to 0.1 by the end of 2025, which puts $ETH above $12k given where bitcoin is trading today.... If the…
1⃣ ETFs sustaining $200m+ of inflows per day 2⃣ $SBET raised $413m in 4 days via ATM sales 3⃣ ETH flowing out of exchanges at record pace 4⃣ $ETH / $BTC near lows from 2020 What happens next? 🍿📊🔥
🔥UPDATE: $CRV 24h volume has now surpassed $TRUMP and is closing in on $HBAR, $PUMP
$CRV 24h volume almost matching $TRUMP, and exceeding $AAVE, $UNI, $LINK, $ENA and $ARB But CRV also has the smallest FDV of all these coins🙃 I love this timeline 🌑🌘🌗🌖🌝