According to CoinDesk: Toncoin (TON) has emerged as a standout performer in the crypto market, trimming losses and outperforming major cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) as the TON blockchain successfully restarted after a five-hour outage. This resilience comes despite a broader market downturn that saw significant liquidations and declines across most major tokens.The TON blockchain's downtime, partly attributed to the overwhelming popularity of the DOGS airdrop—a campaign aimed at raising awareness of Telegram founder Pavel Durov's arrest—did little to dampen the performance of Toncoin. As the blockchain came back online, TON's losses were minimized, leaving it down by less than 1%, according to CoinDesk Indices data. In contrast, the CoinDesk 20 (CD20), a benchmark for the largest and most liquid digital assets, dropped over 6.5%.The broader market saw Bitcoin slide 6%, while Ethereum, Solana (SOL), Cardano (ADA), and Dogecoin (DOGE) all fell by over 5%. XRP showed relative strength with a 3.4% decline, while TRX outperformed with a 2% drop.Market analysts pointed to a series of significant liquidations as a driving force behind the market's downward spiral. Over $300 million in crypto futures liquidations occurred, with Ether futures seeing the largest share at $102 million, followed by Bitcoin at $96 million. The resulting long squeeze, where traders are forced to sell into a falling market, exacerbated the losses.Open interest in Bitcoin futures dropped from $34 billion on Monday to $31 billion, signaling waning trader sentiment. The sell-off was further fueled by substantial outflows from U.S.-listed Bitcoin exchange-traded funds (ETFs), which saw $127 million in net outflows on Tuesday, breaking an eight-day streak of inflows. Ethereum ETFs continued their losing streak with $3.45 million in outflows."BTC ETFs saw a very large $127 million in outflows as traders appeared to take profit after the Jackson Hole rally," said Augustine Fan, head of insights at on-chain financial products provider SOFA. "Meanwhile, ETH continued its poor momentum with the 9th consecutive day of outflows."AI-related tokens, which had been riding high on anticipation of Nvidia's earnings report, also took a hit. NEAR dropped 10%, while FET and Bittensor's TAO fell by 11.8% and 11.3%, respectively. "Sentiment around AI has definitely shifted," noted Fairlead Strategies founder Katie Stockton, pointing to Nvidia's influence on market dynamics.Amid the turbulence, institutional interest in the asset class remains strong. Hong Kong-based custodian Hex Trust announced the launch of a staking partner program, providing clients with expanded access to staking opportunities.As the market digests these developments, Toncoin's ability to recover quickly from the TON blockchain's outage may signal underlying strength, even as the broader crypto landscape grapples with volatility and uncertainty.

How do low-popular coins on the DEX protect themselves from volatility due to high market volatility in general and $BTC in particular?

Volumes on pairs with low-popular coins may not be high enough to maintain good APRs for liquidity providers, so liquidity becomes scarce. For example, let's take the $TON blockchain, and the main DEX on it - STON.fi.

Farming is introduced into the liquidity pools. This system rewards liquidity providers additionally, with no direct correlation to the pool volume. For a certain period of time, for putting LP-tokens into smart-contract, additional rewards are given in different tokens, e.g. $STON or $TON . Thanks to this, higher APRs are achieved, and therefore liquidity also increases. Win-Win)

For example, on the same STON.fi you can highlight some pools:
MAJOR/TON, APR - 134%
JETTON/USDT, APR - 87%
HPO/TON, APR - 283%
To participate: connect #TON wallet to the site. on the Pools tab select the pool you like, on the Swaps tab swap both tokens of pool in equivalent, return to the pool tab and set the liquidity. Once you have LP-tokens, you need to go back to the pool page and at the bottom put them in farming.

#Bitcoin is going higher and higher, and this is not only good for the owners of this coin, but for all users of all blockchains. Typically, during a bullish $BTC volumes of all blockchains are at high levels, which in turn leads to higher APRs in liquidity pools.

The $TON blockchain stands out in particular, as due to the fact that most blockchain users are players of TapTap games, so the TVL to swap volume ratio is behind the latter. For example, on the most popular DEX of the #TON blockchain -   STON.fi, some pools can be highlighted:
$MAJOR / TON, APR - 130%$NOT / TON, APR - 72%$HPO / TON, APR - 231%
By the way, December 30th promises a #PAWS listing, and all new TapTap games in the first couple days of listing statistically have APRs of a couple hundred percent on STON.fi.

According to Coinglass data, the total liquidations across the crypto market in the last 24 hours reached $863 million, with long positions accounting for $753 million of the losses, while short positions led to about $110 million in liquidations, affecting nearly 300,000 traders.

Disclaimer: None of the information contained here constitutes an offer (or solicitation of an offer) to buy or sell any currency, product or financial instrument, to make any investment, or to participate in any particular trading strategy.
#BinanceAlphaTop5 #TON
#NewsAboutCrypto