State of Venus Q3 2024
Key InsightsVenus demonstrated financial resilience in Q3'24, starting the quarter with bad debt at $5,332.35 and reducing it by 83.5% to $879 (0.04% of TVL). Bad debt has remained below…
Key InsightsVenus demonstrated financial resilience in Q3'24, starting the quarter with bad debt at $5,332.35 and reducing it by 83.5% to $879 (0.04% of TVL). Bad debt has remained below…
TLDR Ethereum spot ETFs have seen 16 consecutive days of positive inflows, totaling $2.32 billion since November 22 Total net assets held by Ethereum ETFs have reached $14.28 billion, representing…
Key InsightsVertex expanded its operations in Q3 with new deployments on Sei and Base, bringing its multichain strategy into focus. The Sei deployment quickly gained traction, contributing 14% of quarterly…
TLDR Ethereum has broken above $4,000 again, showing a 30% gain over the past month and 80.5% increase since December 2023 Bitcoin’s new all-time high of $107,822 on December 16,…
TLDR Justin Sun has applied to withdraw 52,905 ETH (worth ~$209 million) from Lido, part of a larger accumulation strategy involving 392,474 ETH purchased between February and August Sun recently…
Key InsightsAt the end of Q3, Axelar introduced the Mobius Development Stack (MDS). This new development stack leverages the Interchain Amplifier, the Interchain Token Service (ITS), and the Axelar Virtual…
TLDR Ethereum has shown strong upward momentum, breaking above $3,750 and reaching a high of $3,988 A bullish trend line is forming with support at $3,840, suggesting continued upward potential…