BTC $81,215.69 -3.86%
ETH $2,382.04 -4.25%
BNB $730.73 -2.47%
XRP $1.31 -4.88%
SOL $103.27 -3.87%
TRX $0.3278 -0.96%
DOGE $0.0786 -4.39%
ADA $0.2116 -6.60%
BCH $274.11 -4.89%
LINK $11.91 -5.18%
HYPE $77.16 -4.90%
AAVE $146.54 -5.82%
SUI $0.9732 -6.08%
XLM $0.1749 -5.04%
ZEC $1,208.28 -9.76%
AAPL $348.63 +1.34%
AMZN $251.52 -3.98%
GOOGL $325.14 -2.76%
MSFT $521.54 -1.87%
META $647.37 -9.02%
NVDA $213.28 -3.37%
TSLA $373.87 -0.94%
SNDK $1,233.42 -9.32%
INTC $85.28 -6.81%
SPCX $147.03 -6.35%
MU $847.05 -6.27%
AMD $508.37 -7.01%
BTC $81,215.69 -3.86%
ETH $2,382.04 -4.25%
BNB $730.73 -2.47%
XRP $1.31 -4.88%
SOL $103.27 -3.87%
TRX $0.3278 -0.96%
DOGE $0.0786 -4.39%
ADA $0.2116 -6.60%
BCH $274.11 -4.89%
LINK $11.91 -5.18%
HYPE $77.16 -4.90%
AAVE $146.54 -5.82%
SUI $0.9732 -6.08%
XLM $0.1749 -5.04%
ZEC $1,208.28 -9.76%
AAPL $348.63 +1.34%
AMZN $251.52 -3.98%
GOOGL $325.14 -2.76%
MSFT $521.54 -1.87%
META $647.37 -9.02%
NVDA $213.28 -3.37%
TSLA $373.87 -0.94%
SNDK $1,233.42 -9.32%
INTC $85.28 -6.81%
SPCX $147.03 -6.35%
MU $847.05 -6.27%
AMD $508.37 -7.01%

uniswap

Uniswap is a decentralized trading protocol used for providing liquidity and trading cryptocurrencies, eliminating trusted intermediaries and unnecessary forms of rent extraction, allowing for secure, accessible, and efficient trading activities.
All
Article
Flash

first_img Cross-chain stablecoin bridge Cashmere announced its roadmap, which will launch Mountain and the token $CSM

Cross-chain stablecoin bridge Cashmere announces expansion plans, with the automated liquidity product Goat LP set to open to all users, followed by the launch of the main product Mountain and the token $CSM. Cashmere Bridge currently supports zero-slippage stablecoin transfers across 16 chains, and Goat Street features 6,666 goat NFTs on the Robinhood Chain. The team states that there is currently no official $CSM, and the related arrangements are part of the current plan and may change.Goat LP targets Uniswap v3 and v4 positions on the Robinhood Chain, with positions remaining in users' wallets as Uniswap NFTs. Automatic reinvestment incurs a 10% reinvestment fee, with Gas covered by the project team; automatic adjustment of ranges and automatic exits both incur a 0.15% fee. The official description refers to it as experimental software. The Mountain code has completed testing and will undergo external auditing before going live. Barn is a soulbound NFT with a maximum of 10 slots, and after issuance begins, new $CSM will be distributed every second. Goat NFTs can be permanently bound to receive issuance shares and cannot be sold or withdrawn after binding.The plan is to issue 1,000 founding Barns, with a guaranteed slot price of 0.125 ETH, whitelist at 0.25 ETH, and public auction prices dropping from 1.5 ETH to 0.25 ETH. $CSM will begin trading through the official Uniswap v4 ETH pool, while market making and tokens on Anvil have been canceled and redeployed due to technical issues. The maximum supply is planned at 666 million, with 10% allocated for official pool liquidity, 25% for the team and treasury with designated ownership, and 65% issued as the system operates. The team also plans to airdrop to Barn participants, Goat Street activators, and early users, with wallets that have listed goat NFTs on OpenSea being excluded.

first_img WHUF Founder: When the token price is below the ICO price, redeeming tokens will result in destruction

The founder of the WHUF project posted on X that the WHUF trading price is below the ICO price. He stated that the price guarantee is functioning as designed, and the redeemed WHUF will be destroyed and permanently removed from circulation. The team originally expected this mechanism to reduce sell-offs close to $3.57, but 23% of the original purchase amount did not receive guarantees within the protection window, which currently constitutes the largest outflow.The founder mentioned that the team focuses liquidity on Coinbase, hiring two market makers and allocating 175 basis points of centralized exchange liquidity, with only about 25 basis points on-chain. The launch pool has about 20,000 WHUF and less than $100,000 USDC, with auction buyers selling about 101,000 WHUF in the first hour after unlocking. A single $10,000 sell order caused the price to fluctuate nearly 20%. Of the 1,402 auction wallets, 298 sold, with 92% occurring in the first 3 hours. The team refused to pay for listings, and the exchange's +/-2% depth sometimes only amounts to $10,000 to $40,000. Of the $7.14 million raised from the ICO, $7.14 million has been reserved for price protection.The founder stated that if the auction is redone, they would choose Uniswap CCA and use the Sonar platform fees to inject liquidity. Redemptions must check against the sanctions list, and Sumsub has flagged 5 individuals who did not pass, with reasons including terrorism and crime. Redemptions for non-sanctioned users have been automated, and the team will return USDC in batches and destroy the corresponding WHUF, which is expected to take at least several days. At the time of the project's issuance, 20% of the supply was sold, mainly raised from the community, and provided protocol usage rewards and ICO price protection.

first_img Robinhood Chain's daily trading volume decreased by 42%, and on-chain activity continues to cool down

Robinhood Chain's on-chain activity continues to cool down. According to CoinDesk's calculations based on growthepie data, from October 2 to 8, the network's average daily transaction volume was 6.2 million, a decrease of 42% compared to 10.8 million from September 10 to 16, and a drop of 20% from the previous week; during the same period, the average daily active addresses were about 322,000, down 31% from mid-September. Robinhood launched this chain in July, allowing users to trade tokens and lend through applications connected to Ethereum, and plans to introduce around-the-clock trading of tokens linked to stocks and funds.Transaction volume has also declined. From October 2 to 8, the spot trading volume fell to $7.45 billion, down 21% from the previous week's $9.46 billion, with Uniswap handling about 77% of it. However, funds have not fled; on-chain lending and trading application deposits increased by about 2% week-over-week to $1.04 billion, and the supply of stablecoins rose to about $1.1 billion. Perpetual contract trading volume, on the other hand, grew against the trend by 26% to about $7.35 billion.Fee income has shrunk accordingly. During that week, users paid an average of about $65,000 in network fees daily, a decrease of 39% from the previous week, far below the peak of $8 million per day at the beginning of September. According to a report by Bernstein last month, Robinhood retains about 90% of network fees.
app_icon
ChainCatcher Building the Web3 world with innovations.