Foresight Ventures Weekly Market Report: ETH and the overall TVL trend in the opposite direction, and the NFT market is booming

Foresight

特邀专栏作者

2022-01-17 10:10

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The proportion of locked positions on the ETH public chain decreased, the Fantom chain continued to rise, and the community-based trading market Looksrare caused a surge in NFT trading volume last week.

Summary:

Summary:
The proportion of locked positions on the ETH public chain decreased, and the Fantom chain continued to rise.
Primary Market Data

The total lock-up volume of the public chain

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The rebound on the market side was accompanied by a sharp rise in TVL, and the overall TVL level rose by 10.27B this week.

Proportion of TVL of each public chain

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Polygon lockup volume

ETH locked position situation

BSC locked position situation

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Solana lock-up volume

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Avalanche lockup volume

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Polygon lockup volume

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Fantom lockup volume

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Fantom lockup volume

This week, the Fantom chain still performed outstandingly, and many of its protocols showed substantial growth. Among them, Beethoven X and Scream performed well. Beethoven X is built on the basis of Balancer, and its main feature is to give liquidity providers a greater degree of freedom. The proportion of injected funds can be chosen arbitrarily, such as 20% ETH and 80% USDT to match, reducing impermanent losses. Its token BEETS has experienced a 30% increase in the past two days; Scream’s token SCREAM has also experienced a 50% increase.

Lending interest rate and Gas fee

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Lending interest rate and Gas fee

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NFT Market Overview

NFT market value and trading volume

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NFT market value and trading volume

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This week, the NFT transaction volume increased tenfold, mainly due to the launch of the Looksrare NFT trading platform, which proposes a new transaction form, that is, the platform currency LOOKS rewards can be obtained by purchasing a specific NFT type, and all platform handling fees will be calculated according to The proportion is distributed to the pledgers of LOOKS. Traders provide handling fees to take away LOOKS, and pledgers pledge LOOKS to take away handling fees. Under the two-way incentives, the phenomenon of platform swiping is obvious, especially Meebits and Loot, which do not charge copyright fees, are particularly subject to swiping. Measurers are welcome. The transaction volume of Looksrare also once surpassed that of Opensea. Compared with Opensea’s 3.5% single transaction fee, Looksrare’s form of taking from the community and using it for the community, I believe it will still achieve better performance for a period of time.

The latest financing of the project