Share this page!

Enter URL or ID to Unroll

You can paste full URL like: https://x.com/threadreaderapp/status/1644127596119195649
or just the ID like: 1644127596119195649

How to get URL link on X (Twitter) App

  1. On the Twitter thread, click on or icon on the bottom
  2. Click again on or Share Via icon
  3. Click on Copy Link to Tweet
  4. Paste it above and click "Unroll Thread"!
  5. More info at Twitter Help
Thanefield Research Profile picture
Thanefield Research
@ThanefieldRes
@ThanefieldCap Venture & Market Research TG: https://t.co/q6cmmpf4zG
Mar 15, 2024 • 5 tweets • 2 min read
We're excited to put out our report on the Bitcoin L2 landscape.

We believe some of these projects are worth paying attention to given the amount of idle capital on Bitcoin, their potential for yield generation, and the possibility of investment opportunities. Image Of the projects with existing tokens, we highlight $STX (@Stacks) and $SYS (@syscoin), both of which have traded as beta to bitcoin and have significantly outperformed BTC YTD. Image
Jun 14, 2023 • 6 tweets • 3 min read
$131M worth of $CRV is at risk of liquidation if the price drops by 35%.

The Curve Founder has borrowed $110M in stablecoins against all his $CRV - 50% of the circulating supply.

This could have severe implications for DeFi, with lending protocols at risk of accruing bad debt Image 2/ Given these risks, new deposits and loans have been paused on Aave V2.

This action, along with an active governance proposal to freeze $CRV assets on Aave V2, aim to limit further risk exposure and mitigate potential damages due to market liquidity concerns. Image
Jun 12, 2023 • 12 tweets • 4 min read
Bridges in the Multi-chain of Madness

The siloed liquidity of blockchains has become a nuisance for users trying to explore the multi-chain universe.

A number of bridges have emerged to serve this critical need.

How does the bridging landscape look like today?

Let’s find out: Image 2/ Foreword

For this comparative analysis, only multi-chain bridges are included, in a period from January to May 2023. Also, native bridges exclusively between L2s and Ethereum are not analyzed.
May 26, 2023 • 13 tweets • 5 min read
An Overview of the Perpetual DEX Industry

The collapse of FTX is still fresh in the mind of users, with many still fearful of keeping funds on centralized platforms.

This presents a unique growth opportunity for decentralized perps trading platform.

A thread: Image 2/ Trading volume has increased by 38% the past two months, with total daily trading volume increasing from $931M to $1288M.

This is a massive increase; Binance’s daily trading volume has dropped from $14.4B to $7.4B, almost ~50%. Image
May 25, 2023 • 4 tweets • 1 min read
Weekly Alpha Image 2/ Governance Proposals and Next Week's Alpha Image
May 24, 2023 • 5 tweets • 2 min read
After the rumors involving the Multichain team being arrested, we decided to take a look at the protocols with the highest exposure to it.

In first place comes Fantom, with 35% of its total TVL locked in it and a significant portion of the chain's assets issued by the bridge. Image 2/ 40% of all Fantom assets, excluding its native $FTM token, are issued by Multichain.

These assets, primarily wrapped ones, amount to $650M, signaling a significant reliance on the bridge. Image
May 23, 2023 • 15 tweets • 6 min read
LSDfi - the next Lego on top of DeFi composability

As $ETH staking infrastructure matures and users get increasingly comfortable holding and earning with $ETH in its staked form, it is time to look forward to the next step in DeFi composability - LSDfi.

Let’s explore: Image 2/ Following Lido V2, the interest in staked $ETH remains strong.

Currently, LSDs sum up to nearly 48% of the 18.8M $ETH staked to date. Image
May 19, 2023 • 15 tweets • 5 min read
There is much anticipation behind the ZK narrative, with recent launches of ZK Rollups resulting in a surge in user adoption and growth.

With excitement building up amid rumours of token airdrops, we took a closer look at the ZK ecosystem.

A thread: Image 1/ 66% decrease in bridged amount

The amount bridged to Polygon zkEVM, zkSync, and Starknet has decreased 66% from a month ago from 6,868 $ETH to 2,189 $ETH.

The bridged amount may have decreased during a flat market in which liquidity flowed to memecoins. Image
May 18, 2023 • 4 tweets • 1 min read
Weekly Alpha Image 2/ Governance Proposals and Next Week's Alpha Image
May 5, 2023 • 9 tweets • 4 min read
Top $PEPE Traders

$PEPE has surged 11x in the past few days, nearly reaching a $2B market cap, driven by major exchange listings such as Binance.

After analyzing over 200k Uniswap transactions, here are our findings on some of the most profitable $PEPE traders: Image 1/ First comes 0x4a2c, famously known as dimethyltryptamine.eth.

Initially, he spent $260 for 5.9T $PEPE tokens, and his holdings are now worth over worth over $9M Image
May 4, 2023 • 17 tweets • 4 min read
Blur vs Looks: This Time is Different?

LooksRare and Blur are both NFT marketplaces that facilitate NFT trading between users, but were their launch goals the same?

Evaluating LooksRare and Blur’s launch strategies, a thread: Image 2/ Blur’s strategy

Blur launched a retroactive airdrop in the form of Care Packages, designed to incentivize liquidity on the protocol.

Riskier positions earn more points and subsequently have a higher chance of being airdropped more $BLUR tokens.
May 4, 2023 • 4 tweets • 1 min read
Weekly Alpha Image 2/ News and Tweets of the Week Image
May 3, 2023 • 8 tweets • 4 min read
Bid walls are appearing across notable NFT collections on Blur.
Is this bullish for them?

Let's dive in to understand more: Image 2/ 0x8BC11, a Blur power user, ranks #2 on the Rolling 24H Leaderboard with almost 7000 $ETH ($12.7M) deposited into the Blur Pool for bids. Major deposits include 2000 $ETH added 49 days ago and 4000 $ETH added 21 days ago.
etherscan.io/tx/0x1ec1743e5… etherscan.io/tx/0x6504a6f6d… Image
May 2, 2023 • 13 tweets • 4 min read
Blend: NFT Lending for Degens

Blur has launched Blend, an NFT lending platform that allows users to borrow against their NFTs, effectively introducing leverage into the ecosystem.

With that, volatility and wild price swings are expected, a thread: Image 2/ What is Blend?

Blend is an oracle-less and perpetual peer-to-peer NFT lending platform that allows users to borrow against their NFTs. Borrowers and lenders agree on fixed rates, and the loans are open indefinitely until liquidated at market-determined rates.
May 1, 2023 • 8 tweets • 4 min read
An Ape's Prologue Weekend Update (May 1)

- US HFSC will work on crypto legislation in the next two months

- $SUI mainnet to launch on May 3rd, 12pm UTC

- @0vixProtocol loses $2M in flash-loan exploit

Here are the most important news over the weekend: 🗞 News

- The US House Financial Services Committee will work on crypto legislation in the next two months

- Mastercard is working on establishing Crypto Credential standards

- Crypto-friendly Cross River Bank faces FDIC scrutiny over ‘unsound banking practices’
Apr 19, 2023 • 10 tweets • 3 min read
$PEPE: Mysterious Whales

The memecoin surged by 1000x in just 4 days, making some users go from rags to riches.

We've spotted a few wallets that, with an average cost of 0.61 $ETH ($1210), managed to make over $9M - a 7500x return.

However, the timing of the buys is curious: Image 2/ When analyzing the distribution of trades on Uniswap V2, we spotted some unusual activity.

A group of freshly funded wallets bought $PEPE within just a few minutes after the token started trading, and are still holding them.

Together, they control almost 10% of the supply.
Apr 18, 2023 • 17 tweets • 5 min read
Top Ethereum Withdrawals

A total of 1M $ETH has been withdrawn since the Shanghai Upgrade went live, representing a $2.2B outflow.

Additionally, another 900k $ETH is in the exit queue waiting to be fully withdrawn.

Here is an overview of the situation: Image 2/ For context, here are the key metrics since April 12th:

- Full Withdrawals: 212k, or -$442M
- Partial Withdrawals: 842k, or -$1.75B
- Deposits: 435k, or $907M
- Net: 619k, or -$1.29B
- Full Withdrawals waiting in the queue: 916k or $1.9B
Apr 17, 2023 • 9 tweets • 4 min read
An Ape's Prologue Weekend Update (April 17)

- 1M $ETH has been withdrawn since Shanghai hard fork

- US House Committee publishes draft of stablecoin bill

-@arbitrum AIP 1.05 fails by overwhelming majority

Here are the most important news over the weekend: 🗞 News

- 1M $ETH has been withdrawn since Shanghai hard fork

- US House Committee publishes draft of stablecoin bill

- SEC to increase DeFi scrutiny
Mar 29, 2023 • 13 tweets • 4 min read
New Protocol Alpha

Starting today, we will be running a limited new series presenting Web 3.0 projects that have either recently launched, or are about to. During the 2021 DeFi bull market, many highly promising but obscure protocols were launched daily. Early and attentive users were heavily rewarded, either through retroactive airdrops or large price appreciations.
Mar 28, 2023 • 14 tweets • 4 min read
$ARB Airdrop - Selling the News

Analyzing the recent price performance of Arbitrum ecosystem tokens shows that the anticipated alt season post-airdrop failed to materialize.

Instead, we saw a sell-the-news event and strong frontrunning of this narrative. 2/ For this analysis, we've created an equally weighted basket of Arbitrum ecosystem tokens, consisting of the most important native assets.

This approach allows us to better assess the overall impact of the $ARB airdrop on the ecosystem.
Mar 27, 2023 • 6 tweets • 5 min read
An Ape's Prologue Weekend Update (March 27)

- @binance suspended spot market for two hours due to software bug

- @0xPolygonLabs zkEVM to launch today

- @zksync Era Mainnet Alpha now open to all users

Here are the most important news over the weekend: 🗞 News

- @binance suspended spot market for two hours due to software bug

- First Citizens Bank to purchase Silicon Valley Bank’s $72B assets at $16.5B discount

- Kokomo Finance developers steal $4M in user funds

- @stablekwon charged in Montenegro court for document forgery