ETH Weekly Report | Ethereum mining revenue soared 80% last week; DEX monthly trading volume exceeded 10 billion US dollars, Uniswap hit the highest daily trading volume (8.31-9.6)
Author | Qin Xiaofeng
secondary title
Produced | Odaily
1. Overall overview
1. Overall overviewThe Block Research data
Second, the secondary market
Second, the secondary market
1. Spot market
image description
(ETH daily chart, picture from OKEx)
(ETH daily chart, picture from OKEx)
image description
(data from BiNuNiu)
(data from BiNuNiu)
In terms of capital, capital fluctuated greatly last week: only Monday and Tuesday showed a net inflow of funds, of which Monday’s net inflow was 75 million U.S. dollars; and in the next five days, funds continued to have a net outflow, with a maximum of more than 300 million U.S. dollars.
(data from Tokenview)
(data from Tokenview)
Tokenview dataTokenview data
Last week, there were a total of 9 transfers of "more than 50,000 ETH", the largest transfer amount was 400,000 ETH, which was transferred from the Huobi hot wallet to the cold wallet; another 199,900 ETH was transferred from the Coinbase cold wallet to an unknown address, At present, it has been split; in addition, 110,000 ETH was transferred between the internal addresses of Bitfinex wallets, and 120,000 ETHs were transferred between internal wallets of Binance; 99,900 ETHs were transferred from OKEx cold wallets to the top 300 addresses on the rich list; the rest of the transfers are unknown.
OKlink data1. Development and technology
3. Ecology and technology
1. Development and technology
Core developers discuss the Gas fee of Ethereum
On Sept. 2, researchers at ZenGo disclosed vulnerabilities found in Diogenes protocol proofs. This proof is intended to provide raw entropy for the Verifiable Delay Function (VDF) of the Ethereum 2.0 Random Beacon Chain. According to a ZenGo blog post, Ligero Inc., the team behind Diogenes, is redrafting the protocol’s proofs to iterate on the vulnerability. According to ZenGo researcher Omer Shlomovits, the VDF is necessary to build a truly secure randomized beacon chain. (CoinDesk)
2. Voice of the Community
2. Voice of the Community
August 31,V GodV God
September 1,V GodV God
September 6,V GodV God
(2) Vitalik: Excessive gas fees did not affect ETH payment
Also, V God said, seriously, a simple payment application that scales to 2500+ TPS is here, and we just need to use it. Before that, V God said that more charities should accept Ethereum donations.
3. Borrowing
Defipulseimage description
(Lock value on the DeFi chain)
Specifically, ETH mortgages increased from 4.963 million to 6.482 million last week, an increase of 30.6%; BTC mortgages increased from 53,940 to 76,218, an increase of 41.3%.
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$1.32 billion, down 22.8% month-on-month;
Maker: $1.24 billion, down 13.8% month-on-month
image description
(data from etherchain.org)
etherchain.org(data from etherchain.org)
The data shows that the average computing power increased by about 7.6% month-on-month, temporarily reported as 233.8 TH/s; the average mining difficulty increased by 7.39% month-on-month, temporarily reported as 2934 T; new addresses decreased by 40% month-on-month; liquidity mining continued to be hot, last week The network Gas fee has soared, the total mining revenue has increased by 86%, and the miners are smiling.
OKLink data shows that on September 1st, the SushiSwap Staking Pool contract address handling fee was as high as 519.87 ETH, accounting for 2.69% of the Ethereum network’s handling fee, ranking third in the entire network, second only to Uniswap and Tether USD.According to the report, Ethereum miners set an all-time high fee income of $17 million on September 2, which is 3.7 times the highest amount recorded in December 2017 and January 2018 when cryptocurrency prices surged.
4. News
1. Data: Ethereum miners generated more than $100 million in fees in August, three times more than Bitcoin miners
2. The monthly trading volume of DEX exceeds 10 billion US dollars, and Uniswap hits the highest daily trading volume
Monthly trading volume on decentralized exchanges (DEXs) has soared to more than $10 billion, more than doubling in August from July, according to Dune Analytics. The total number of DeFi users is close to 400,000, and the main platform is the Ethereum-based DEX Uniswap, accounting for 57% of the total number of users. Additionally, Uniswap recorded its highest ever daily trading volume over the weekend with more than $450 million traded, surpassing Coinbase Pro’s daily trading volume for the first time. In addition, DappRadar’s latest report said that the total transaction volume of Ethereum in August exceeded 24 billion US dollars. (Decrypt)
3. Tokenview: Tether newly printed money in August, equivalent to about 3.523 billion USDT
4. Zug, Switzerland will allow citizens to use Ethereum to pay taxes
The Swiss canton of Zug will begin allowing citizens to pay taxes in bitcoin and ethereum as digital currency acceptance continues to grow. "Both companies and individuals can settle taxes in cryptocurrencies up to a maximum amount of 100,000 Swiss francs (about 109,700 U.S. dollars)," the local government said in a statement today. Bitcoin brokerage Bitcoin Suisse AG, which will convert the bitcoins into Swiss francs and transfer them to the canton. (Bloomberg)
5. Vienna Stock Exchange Lists First Cryptocurrency ETP
Wiener Börse, one of the largest stock exchanges in Central Europe, has listed the first exchange-traded products (ETPs) for Bitcoin and Ethereum. Experts in the region say this appears to be a strong sign of adoption. It is reported that the single-asset product is issued by the Swiss financial technology company 21Shares, the transaction code is ABTC, and it aims to track the trend of Bitcoin and Ethereum. In other words, customers of the Vienna Stock Exchange can now gain exposure to cryptocurrencies through a regulated trading platform without having to buy cryptocurrencies directly themselves.
6. Data: Deribit Ethereum options open interest hits record high
