Ahmad Mustafa Kida
Data Analyst
Last Updated:
May 1, 2024
•
4 mins
DeFi Analytics 1st May 24
This week's edition of our DeFi Analytics report.
Beacon Chain
Cumulative Beacon Chain Deposits
Beacon Chain Deposits and Withdrawals
- Has seen both deposits and withdrawals subside substantially during the last week
Ethereum Gas Market
Ethereum Gas fees burnt from the total supply - 5h bars
- No deviation from the downward trend was seen in block utilisation during the last week
- Gas prices remains cheap on the network as a result
Average cost to transfer ETH (21,000 Gas)
Ethereum Blob Gas Used - 5h bars
Excess Blob Gas - 5h bars
Borrowing and Lending
Total Stablecoin value locked in Aave and Compound
USDC TVL
USDT TVL
DAI TVL
TUSD TVL
WBTC TVL
WETH TVL
- The decline in spot price seen last week has seen the TVLs of both USDT and WBTC
- The decrease in WBTCs TVL was more substantial, dropping more than 10% over the last week which was mostly dominated by liquidity providers withdrawing their liquidity
Uniswap V3
Uniswap V3 Hourly Volumes
- Activity on Uniswap has seen no significant change during the last week, trading at the lowest levels we've seen during the last week
Uniswap V3 Hourly Transaction Count
Liquidations
Aggregate Liquidations across Aave & Compound
Free
PREMIUM
Institutional
The Renaissance of Onchain Options
Options onchain have taken various forms over time, representing an underrepresented niche within crypto primitives. Nonetheless, this is changing, with a new wave of protocols that improve on their predecessors, abstracting the complexity of options and emphasising their value proposition rather than primarily on user education, and meeting real demand as onchain yields compress.In this report, we cover and compare different venues that offer exposure to crypto asset options, compare thecam with traditional platforms, and highlight how Prediction Markets essentially replicate traditional binary options.With this, we also expand the research to map the volatility of the major assets, BTC and ETH, and their correlation with prediction market odds.
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Institutional
H1 2026 In Review
The first half of 2026 was characterized by cross-asset volatility from cryptocurrencies to US equities and precious metals. Of the three asset classes however, crypto prices have fared the worst, with BTC down 50% from its October 2025 all-time high and ETH down more than 66% from its respective August 2025 high. Each successive leg lower in crypto-asset prices through the year was driven by a different factor — some were idiosyncratic to digital assets, and others a consequence of a deteriorating macro backdrop.
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Free
PREMIUM
Institutional
From Aggregation to Execution: The Next Layer of Onchain Trading Infrastructure
This report evaluates Bitget Wallet's DEX aggregator and Enterprise API against three other leading aggregators (KyberSwap, 0x, and Jupiter) using thousands of live quote comparisons pulled simultaneously across trade sizes from under $1,000 to $100,000, on BTC, ETH, SOL, and stablecoin pairs. We assess execution quality across three dimensions: price competitiveness (which aggregator returns the best swap price), slippage control (how much that price degrades with trade size), and fill reliability (how often an executable quote is returned).