the daily degen 🦍(18Jul23)
handle.fi daily market update
market data
market news
UniswapX claims to offer better prices by aggregating liquidity sources, with gas-free swaps and protection against "maximal extractable value" or MEV. Uniswap, the world's largest decentralized crypto exchange, unveiled a new blockchain protocol "UniswapX" for trading across automated market makers (AMMs) and other liquidity sources.
Celsius crypto fire sale is starting: $63M out of $160M sent to exchange. As of this morning, Celsius has been sending crypto to FalconX, an institutional exchange. At time of publication (2:00 pm ET), those funds have amounted to $63.3 million — mostly LINK and AAVE with smaller amounts of tokens such as binance coin (BNB) and synthetix (SNX).
Celo proposes to ditch own standalone blockchain for layer-2 network on Ethereum. The development team behind the independent Celo blockchain says benefits could accrue from transitioning to the Ethereum ecosystem, in terms of greater liquidity, improved security and more compatibility.
around the twitterverse…
trade ideas
trade: long AUD/ USD
USD has been showing signs of weakness against most FX pairs but has recently pulled back. if you wanted to play the continuation of weakness then you could look to long this bounce at previous resistance. The key would be for it to hold above this level and use it as support. Target being the next major resistance at .714.
learning about handle.fi
liquid staking tokens (LSTs) have been becoming prominent throughout DeFi and we’ve brought them onto handle.fi! you are now able to borrow using stETH as your collateral.
this allows you to earn staking rewards on your collateral while paying 0.4% APR on your loan. this video will show you how easy it is to execute today!
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