ETH Weekly Report | In August, the transaction fee on the chain has exceeded 90 million US dollars; Aave’s mortgage volume has skyrocketed to 1.7 billion US dollars, ranking first (8.24-8.30)
Author | Qin Xiaofeng
Author | Qin Xiaofeng
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1. Overall overview
1. Overall overview
Second, the secondary market
Second, the secondary market
1. Spot market
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(ETH daily chart, picture from OKEx)
(ETH daily chart, picture from OKEx)
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(data from BiNuNiu)
(data from BiNuNiu)
In terms of capital, capital fluctuated greatly last week: the largest net outflow of funds on Tuesday was 48 million U.S. dollars; the largest net inflow of funds on Friday and Sunday exceeded 50 million U.S. dollars.
(data from Tokenview)
(data from Tokenview)
Tokenview dataTokenview data
Last week, there were 5 transfers of "above 50,000 ETH", the largest transfer amount was 176,000 ETH, which was transferred between unknown and unused addresses, and has not yet been split; there was another transfer of 50,000 ETH, which belonged to the Bitfinex exchange Internal address transfers; other transfers are unknown.
OKlink data3. Ecology and technology
3. Ecology and technology
1. Development and technology
(1) OpenEthereum: The 2.5.13 stable version is expected to be launched in the second week of September
(2) OpenEthereum official: version v.2.5 has been launched, and the affected nodes have not been offline before
(3) Ethereum client Geth has launched v1.9.20 version
On August 25, MaticNetwork, the Ethereum sidechain expansion solution, announced that it will integrate Razor oracle services. Developers on Matic can seamlessly access real-world data, including the decentralization of applications such as DeFi, lending, stablecoins, and identity recognition. data.
2. Voice of the Community
On August 27, Ethhub.io co-founder Anthony Sassano said that the Ethereum improvement proposal EIP-1559 will be launched in the next 6-12 months. He is optimistic about implementing the proposal on Ethereum. But he noted that in order to maintain the projected timeline, it was necessary to "unify the community and make it a standalone ethereum network upgrade" rather than bundling it with other EIPs. EIP-1559 is currently one of the most anticipated improvement proposals in the Ethereum community, with Sassano calling it "probably the biggest and most complex change since Ethereum went live." (Cryptonews)
3. Borrowing
Defipulseimage description
(Lock value on the DeFi chain)
Specifically, ETH mortgages increased from 4.714 million to 4.963 million last week, an increase of 5.2%; BTC mortgages increased from 47,683 to 53,940, an increase of 13.1%.
From the perspective of a single project, the top three lock-up values are:
From the perspective of a single project, the top three lock-up values are:
Aave: US$1.71 billion, up 28% quarter-on-quarter;
Maker: $1.44 billion, up 0.6% month-on-month
And, Aave also topped the list for the first time. One of the reasons for the skyrocketing mortgage volume of Aave is that YFI was launched on August 28, supporting YFI as a mortgage asset.
4.Dapp
according toaccording toimage description
5. Mining
(data from etherchain.org)
etherchain.org(data from etherchain.org)
OKLink data shows that the average Ethereum gas fee has dropped by more than 70% compared to two weeks ago. As of now, the average Ethereum gas fee is 62 Gwei. In contrast, the average Ethereum gas fee was 263 Gwei two weeks ago .
4. News
4. News
1. OKLink: From August to now, the transaction fee on the Ethereum chain has exceeded 90 million US dollars
According to data from OKLink, since August 1, the transaction fee on the Ethereum chain has reached 225,500 ETH, which is about 90,534,600 US dollars, and the transaction fee of the entire Bitcoin network during the same period is about 34,106,500 US dollars. Among them, on August 13, the daily transaction fee on the Ethereum chain reached 20261.4 ETH, which is about 7.8513 million US dollars.
2. Data: The three-month volatility gap between ETH and BTC has risen to a six-month high
3. Data: Ethereum-Bitcoin correlation grows again


