Crypto Gideon🦇🔊 Profile picture
May 5 6 tweets 12 min read Twitter logo Read on Twitter
$CHR continues to break every record!📊

Currently, it's 3rd biggest project on $ARB by TVL🤯

Just behind $GMX and $UNI!
Even above $RDNT...

In less than 48h, it attracted a staggering $245M TVL.

But, that's not all!⚠️

Are you ready for more mind-blowing @ChronosFi_ stats?👇 Image
@ChronosFi_ When we filter by DEXs on $ARB:

It's the second biggest DEX, just behind $UNI.🔥

But notice it only has $60M less TVL than $UNI.🤏

If they attracted $245M in under 48h, they can another $60M.

What stats show when we compare $CHR to other DEXs in the whole crypto space?🤔 Image
$CHR is ranked 8th among all DEXs by TVL.

It's just behind $VELO by $35M.

Let me remind you $CHR is still under $10M Market cap, while $VELO sits at $30M.

It has more TVL than some well-known DEXs like:

• $JOE
• $QUICK
• $GRAIL

What about fees and volume?🤑 Image
In terms of volume, $CHR is in the top 5 DEXs on $ARB

With ≈ $10M volume in last 24h, it beats:

• $JOE
• $DODO

When we look at 24h fees, $CHR sits at 10th place, just behind $GNS and $JOE.

Will be interesting to track stats in future, as $CHR is only active less than 48h. ImageImage
@Crypt0_Andrew @fourmoonsllc @crypto_linn @gem_detecter @0xUnified @KODOTHH @ethimedes @0xGeeGee @0xTindorr @Rafi_0x @the_smart_ape @CryptoK63140864 @CryptoYusaku @crypto_pochi @CoinSurveyor @levysaur @Ace_da_Book @TokenBrice @Cruising_Crypto @cryptoQwitch If you made it this far, you are in the top 1%.💎

If you enjoyed:

1. Follow me @CryptoGideon_ so you won't miss more VALUABLE threads.

2. RT the tweet below to help others find more about DeFi and crypto insights.

Hope you found this helpful.

#1percentbetter @NFT_GOD

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with Crypto Gideon🦇🔊

Crypto Gideon🦇🔊 Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @CryptoGideon_

May 3
$THE is dominating ve(3,3)DEXs right now📊

It's beating:

• $VELO on $OP
• $RAM on $ARB
• $EQUAL on $FTM

in terms of:

✅Fees
✅Revenue
✅Holder Revenue

on ALL time frames...🤯

Market cap - $6,5M
TVL - $84,5M

MktCap/TVL ≈ 0,08
@ThenaFi_ is on fire🔥

That's not all!👇 Image
In the last 24h it also did more volume than $VELO👀

$VELO however slightly beats $THE in 7d volume.📊

$RAM and $EQUAL is nowhere near to be seen in terms of 24h and 7d volume...

So, what's the secret behind $THE rapid success?👇 Image
Introduction of concentrated liquidity.👌

They partnered with @CryptoAlgebra and @GammaStrategies

You can see how big of an impact the Fusion pools have on:

✅Fees
✅Revenue

$GAMMA is really a leader in concentrated liquidity management.

So, has $THE room for growth?🤔 Image
Read 7 tweets
Apr 29
Today, we'll address 5 main concerns about $LVL:

1️⃣"It's on $BNB"
2️⃣"Fake volume"
3️⃣"Emissions are too high"
4️⃣"Binance is behind them"
5️⃣"They are burning money"

and why these concerns are nonsense.🤫

Short thread on @Level__Finance and why you shouldn't be worried 🧵 Image
@Level__Finance 1️⃣"It's on $BNB"

First, tell me one crypto project that plans to stay only on one chain?

Good luck finding it...
Even ve(3,3)DEXs can migrate cross-chain in a week.

Future is multichain.

Especially with EVMs, projects can just copy-paste code, and voila.

But, why not $BNB?👇
1️⃣"It's on $BNB"

Second, tell me why are strong projects like:

• $JOE
• $UNI
• $RDNT
• $GAMMA

and many others, STILL expanding to $BNB?🤔

They expand where users are.

And guess what?
$LVL just announced the cross-chain expansion.

What excuse you will find now?
$ARB soon Image
Read 15 tweets
Apr 4
If you are a trader who loves perps, then you are gonna love Option Scalps.

They are more cost-efficient for quick trades, with no closing fees.

Or if you love providing liquidity, Option Scalps offer you NO DOWNSIDE!

A thread on @dopex_io new product & trading competition🧵
1️⃣What is Scalping?

In scalping, you speculate on directional volatility in short time frames.

Positions can be taken in:

🔷Long-price⬆️
🔷Short-price⬇️

Since short time frames allow less volatility, scalpers may choose to leverage positions to amplify their returns/losses.
2️⃣What are Option Scalps?

Option scalps are constructed as isolated pairs consisting of a base asset(e.g. $ETH)and a quote asset(e.g. $USDC)only.

When long $ETH scalp position is opened,trader deposits $USDC as collateral.

$USDC from the $USDC pool is then swapped into $ETH.
Read 15 tweets
Mar 30
Want to earn life-changing money?

Position yourself in upcoming narratives before masses!

LSDfi is a new hot narrative around LSDs.🤫
You can use LSD tokens in DeFi and the real world:

•Buy dream car
•Join token sales
•Take out loans against them

Find out before others 🧵 Image
$27+ billion in $ETH will be unlocked with Shanghai upgrade.

This will flood the market with LSD tokens.

You have 2 choices, invest in protocols that:

🅰️offers LSDs
🅱️offers DeFi for LSDs

Today, you'll discover why option 🅱️ may bring better rewards.👇

Few gems at the end!💎
1️⃣Current state of DeFi

The top 3 main categories of DeFi are:

• DEXs
• Liquid Staking Derivatives
• Lending

Combined they have $49,17B TVL.🤯
Remember we are in a bear market still.

But, there is a problem...👇 Image
Read 22 tweets
Mar 26
Giant @LidoFinance is SHUTTING DOWN liquid staking for $DOT on $GLMR.🤯

While this is bad for $LDO, you can easily capitalize on this opportunity.

Besides $ETH Shanghai upgrade, @BifrostFinance positioned itself to gain this market share as well. $BNC

A quick thread 🧵
1️⃣Reasons:

Lido and @MixBytes stated:

⚠️ Unsustainability
⚠️ Slow protocol adoption
⚠️ Current market conditions
⚠️ Lack of liquidity in @Polkadot DeFi ecosystem
⚠️ $ETH is given more priority than $DOT and $KSM

So the question comes:
Who will benefit from $DOT liquidity?🤔
2️⃣How bad is this?

$LDO is a liquid staking giant.

It's a leader on most chains it deployed.

Currently, they have 3,3M $DOT staked.
This is worth $20M.

All this liquidity will have to go somewhere.
Your goal should be to position yourself for this transition.

Here's how:
Read 13 tweets
Mar 24
During the $ARB airdrop launch, Arbiscan and homepage were down, while transactions failed.

What was happening behind the scenes?

Here is a summary of what happened on-chain, in under 5 min.⏳

A short thread you can't afford to miss🧵
1️⃣ @DefiLlama

$ARB climbed to 3rd place among all chains by fees accrued.👀

Notice that $UNI flipped $ETH and took 1st place.🤯

Uniswap had the most volume among other DEXs=$888M Image
2️⃣DEX & stablecoin activity

Both experienced massive growth in volume.

Dex volume ⬆️
Stablecoin inflows⬆️ ImageImage
Read 13 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us on Twitter!

:(