Top Interest of the Week

Uniswap ($UNI) experienced a significant surge following Trump's electoral victory, with its price climbing from $7.19 to $9.62 within a day. The Republican Party's sweeping success in the 2024 US elections instilled confidence in the decentralized finance sector as investors anticipated a more defined regulatory environment for cryptocurrencies. Additionally, Uniswap's impressive trading volume of $2 trillion on the Ethereum network underscored its influential role in

Santos FC Fan Token ($SANTOS) experienced a remarkable 100% surge in value on Monday following the announcement of Binance's launch of the SANTOSUSDT Perpetual Contract on Binance Futures, which provides token holders with a fresh trading opportunity. The excitement surrounding $SANTOS remained strong, as evidenced by a 51.4% increase in its price over the past week.Raydium ($RAY) operates as a decentralised exchange on the Solana network, with its prominent trading pools focusing on newer token

Top Interest of the Week

Stella ($ALPHA) is a protocol that employs leveraged strategies without borrowing costs. Its innovative "Pay-As-You-Earn" model enables borrowers to leverage supported DeFi strategies without incurring any borrowing fees, while lenders benefit from the real yield generated from borrowers, reflected in the lending annual percentage yield (APY). This advancement meets the demand for enhanced leverage systems, which are crucial for fostering greater adoption of decentraliz

OG Fan Token ($OG), the cryptocurrency associated with the European Esports organisation OG, experienced significant price fluctuations over the past week. The token's value rose dramatically from $2.6 to a peak of $14.3 within just four days, only to drop by more than 50% to $6.6 in a single day. Despite this volatility, the token still recorded an impressive seven-day return of 178%. During this period, trading volume on Convert increased by over 350 times, as traders leveraged the platform to

DIA ($DIA) is a blockchain oracle platform that supports data for DeFi applications. In early September, DIA launched Lumina, an oracle stack built on Lasernet, an Ethereum layer-2 rollup. The DIA token will serve as the network's utility token, enabling staking and functioning as the gas fee token. This could introduce an additional burn mechanism for DIA and encourage users to stake their tokens, thereby locking up the supply. A portion of the revenue generated from the oracle will be allocate

Following a 50 basis point interest rate reduction by the Federal Reserve last Wednesday, market sentiment shifted to a bullish outlook, as discussed in our previous update. Last week, Bitcoin (BTC) traded in the vicinity of $63,000, while our team noted a significant increase in demand for altcoins during this period. Notably, meme coins and certain layer-1 tokens, such as Sui ($SUI) and NEAR ($NEAR), garnered considerable attention.Sui ($SUI) has notably outperformed in the top 100 cryptocurre

Nervos ($CKB) emerged as one of the top-performing tokens last week, achieving a remarkable 103% increase in price. The Nervos Network operates as a proof-of-work layer-2 solution designed to enhance Bitcoin's capabilities by adding programmability and scalability, utilising the RGB++ protocol for its implementation. Sui ($SUI), a layer 1 blockchain and smart contract platform, demonstrated consistent trading interest last week. After it experienced a doubling of trading volume on Convert and a

This week, our desk noticed that BTC market volatility started to pick up, with multiple key data releases on the US labour market and CPI before next week’s FOMC meeting. BTC price was closely tracking the US equities performance, while some altcoins had a more independent journey.Sui ($SUI) is a unique Layer 1 blockchain and smart contract platform that seeks to enhance digital asset ownership by making it fast, private, and accessible to everyone. The recently launched Grayscale Sui Trust, by

This week, our desk noticed that BTC market activity was muted while volatility increased. The BTC price was easily influenced by random movements and quickly reversed back to its previous level.Radiant Capital ($RDNT) saw a stunning 33.7% increase last week while the market remained muted. Radiant Capital recently submitted RFP-44, a proposal to refine the distribution strategies initially outlined in RFP-35. The proposed RFP-44 seeks to optimise RDNT token emission and cross-chain liquidity. I

This week, our desk noticed that BTC volatility remained muted, while some old projects launched in the previous cycle experienced unusual trading demands.Syscoin ($SYS) is the native token that underpins the eponymous protocol and forms a Layer 2 network to enable rollups on Bitcoin, thereby improving the network's scalability. Syscoin was first listed on Binance in September 2020, reaching an all-time high of $1.33 at the beginning of 2022. Recently, the announcement of the launch of the USDS-

This week, our desk noticed that market activity has been slow following the recovery from the August 5 flash sell-off. Last week, US equities performed strongly, while Bitcoin and the cross-border crypto market remained relatively weak.While the BTC price remains in a range with low volume, our desk has noticed strong demand for some mid- to large-cap coins/tokens, such as Sui ($SUI), Terra Luna Classic ($LUNC), and SATS (Ordinals) ($1000SATS).Sui, a descendant of Facebook's defunct Diem projec

This week, due to a spike in market volatility, our desk saw strong trading demand across the board. Binance users use Convert to hedge their risk during volatile market conditions, allowing users to lock in a price in volatile conditions and be confident that the order will be filled at the exact price displayed on-screen, with no additional fees. This feature provides great effectiveness to our users during volatile markets when they are concerned about experiencing large slippage and not havi

This week, our desk observed strong trading demand for small-cap altcoins across multiple zones.In recent weeks, our desk has observed unusual demand for tokens with a monitoring tag on the exchange. IRISnet ($IRIS) is one of eleven tokens included in the monitoring tag extension, which was announced in early July. The IRIS price surged last Thursday on high volume, doubling in less than 48 hours. After reaching a one-month high of $0.024 on July 26, it gradually fell back, gaining 28.6% in the

This week, our desk experienced high demand for meme coins, particularly dog-themed meme coins such as Dogecoin ($DOGE), Floki ($FLOKI ), and Dogwifhat ($WIF). Following the SEC's approval of ETH spot ETFs, which began trading on Tuesday, our desk saw strong market demand for ETH-related altcoins such as Ether.fi ($ETHFI ) and Ethereum Name Service ($ENS). Ether.fi ($ETHFI ) is a non-custodial staking protocol that runs on the Ethereum blockchain. Following the approval and trading of ETH spot ET

Following the delisting announcement for Mdex ($MDX), this token received a lot of market attention, and strong market demand emerged in the market. The weekly volume increased 392%, with a weekly return of 27.5%.Worldcoin ($WLD) experienced a similarly strong market demand after the project team announced that the vesting period for early investors and team members would be extended from three to five years. This announcement would reduce the expected increase in circulating supply. $WLD rose 1

ConstitutionDAO ($PEOPLE), a meme coin with a large community, became Convert's largest volume growth token last week. On June 9, the $PEOPLE price reached a one-year high of $0.144, followed by strong selling pressure. Today, it is trading at $0.061, representing a 57% drop in one month. Notcoin ($NOT), a popular Telegram game and play-to-earn project integrated into the TON blockchain, has become one of the TON ecosystem's most valuable projects. Notcoin, in collaboration with DeFi platform 1i

The Terra Luna Classic ecosystem tokens have experienced significant price drops as whales and other investors offloaded Terra Luna Classic ($LUNC). Our desk experienced an increase in trading demand for $LUNC as a result of volatility in the LUNC price.As the merger deadline of July 1 approaches, holders of Fetch.ai ($FET), SingularityNET ($AGIX), and Ocean Protocol ($OCEAN) are excited and anticipating the outcome. As the event approaches, the prices of all involved tokens are surging upward.

Convex Finance protocol is based on Curve Finance ($CRV) and complements it by allowing liquidity providers to earn higher rewards. The Convex Finance protocol has its own native token, $CVX. Following the large liquidation of the CRV loan on Aave ($AAVE), the CRV supply in the market increased, and many CRV holders converted their CRV tokens into veCRV and earned higher yields on the Convex protocol. $CVX experienced an over 100% surge last Sunday, indicating strong market demand for this token

The token price of Highstreet ($HIGH ) has dropped significantly in the past week. $HIGH experienced a strong bull run after March 20. $HIGH 's price rose from $1.7 to a high of $9.8 in less than three months before falling 70% to $2.8 in just five days. Highstreet developers investigated the recent sharp drop and concluded that it was caused by a malicious attack that resulted in the sale of 20 million tokens.The Filecoin Network ($FIL ), which was launched in 2017, aims to incentivize a global ne

My Neighbor Alice ($ALICE) gained 72.5% last week, with an 81x volume increase on Convert. The price increase was driven by rising interest from traders. Large-size trades on the order book became more risky due to the volatile price change and a spike in volume. Investors and traders use our Convert and OTC desk for large-size trades to reduce market impact. Trading on Convert not only reduces the trader's intention to other market participants, but it also reduces market risk by securing the p