Research Summary
The report covers significant developments in the crypto space, including SankoGameCorp’s migration of $DMT to Ethereum Mainnet, the launch of Unibot X, SEI Network’s mainnet launch, growth in TVL, and governance proposals. It highlights key events, price movements, trading volumes, and updates on various platforms and tokens.
Key Takeaways
SankoGameCorp’s Migration of $DMT to Ethereum Mainnet
- Migration Announcement: SankoGameCorp announced the migration of $DMT to Ethereum Mainnet, causing a 30% price increase, reaching $52.57 at peak.
- SankoChain Rumors: The company has been teasing the launch of SankoChain, rumored to be an L3 using DMT as gas, built on top of Arbitrum.
Unibot X Launch and Features
- New Web-App: Unibot launched Unibot X, offering services like displaying ERC-20 tokens, honeypot checking, multi-wallet swaps, and setting limit orders.
SEI Network Launch and Performance
- Mainnet Launch: The Sei mainnet launched with the $SEI token listed on major exchanges, trading a combined volume of $1.3 billion in 24 hours.
- Upbit’s Dominance: Upbit, a Korean exchange, led with $640 million in volume compared to Binance’s $270 million.
TVL Growth and Fees Earned
- TVL Growth: Alien Base, Angle, and GMX V2 showed significant growth in TVL over the past day.
- Fees Earned: Ethereum earned the highest fees at $5.14M, with Optimism and Bitcoin also showing increases in fees earned.
Governance Proposals and Tokenomics Updates
- RIP47 Proposal: A swap between Redacted DAO and Olympus DAO involving $gOHM and $BTRFLY tokens.
- Uniswap V3 on Scroll: A proposal to deploy Uniswap V3 on Scroll’s upcoming Mainnet launch.
- INJ 2.0 Launch: Injective released a tokenomics update, allowing dApps built on Injective to contribute to the INJ burn auction.
Actionable Insights
- Investment Watch: SankoGameCorp’s migration of $DMT and the launch of SEI Network’s mainnet may present investment opportunities.
- Trading Tools: Unibot X’s new features, such as multi-wallet swaps and limit orders, offer enhanced trading capabilities for users.
- Monitoring Governance: Proposals like RIP47 and Uniswap V3 on Scroll’s Mainnet launch require close monitoring for stakeholders.
- Understanding Market Dynamics: The report’s insights into TVL growth, fees earned, and tokenomics updates provide valuable context for market participants.
