Bitget Research Institute: BitKeep Tops Arbitrum Dapp Daily Active Users List

Source: Bitget Research Institute

1. Popular Cryptocurrencies:

SUIBG (Token), SUI Futures Token. BitKeep and Bitget have jointly launched a futures airdrop called SUIBG (SUI Futures Token), which can serve as a redemption certificate for its native token SUI after the future launch of the Sui Network mainnet. Users can participate in red envelope airdrops, trading rewards, and other activities in the BitKeep wallet, or join the SUIBG carnival event on the Bitget trading platform to receive SUIBG; currently, there are related trading pools on DEX, but liquidity is poor and depth is low, so it is recommended to claim from official channels of Bitget and BitKeep; (Currently, SUIBG has 13,759 holders on-chain)

EUL (Token) - Euler Finance, on March 13, this lending protocol was attacked, resulting in a loss of $197 million, and the price of EUL plummeted. On March 18, the Euler attacker began to return some funds. On March 21, it was reported that Euler is in private negotiations with the attacker, who stated, "We have no intention of keeping what does not belong to us," and they now hope to "reach an agreement" with Euler. EUL surged +30% in the past 24 hours;

SNX (Token) - Synthetix, recently Synthetix announced that it will introduce a V3 version in the future, which will completely transform Synthetix into a liquidity layer powering next-generation on-chain derivatives and financial products. At the same time, Synthetix recently broke its previous record of $100 million in daily trading volume, reaching approximately $143 million in daily trading volume, generating about $110k in fees for SNX stakers, and the project is developing rapidly; institutions like DWF Labs have also started to buy SNX in large quantities, pushing up the price of SNX;

KAKI (Token) - Previously surged before the arrival of the Shib Layer2 testnet, on-chain trading remains active and continues to rise, with no obvious risks in the contract. The project team has burned 90% of the tokens by sending them to a black hole address and has certain operational and hype capabilities. KAKI's price surged +50% in the past 24 hours, and Bitget has listed KAKI; friends who need to trade KAKI can go to Bitget;

IMX (Token) - Immutable, IMX fell -10%. Immutable has partnered with Polygon Labs to create Immutable zkEVM and announced two upgrades to IMX utility (<1> 20% of platform fees paid in IMX; <2> IMX will be used as the Gas Token for Immutable zkEVM, becoming the native network token), but some market makers took advantage of the good news to sell off $3.5 million;

【DID Track】Projects related to domains and DID tracks such as Link3, Galxe, Space ID, etc., may continue to attract user attention around the Binance Launchpad. Additionally, already issued projects in this track include: RSS3, Litentry (LIT), Ethereum Name Service (ENS), Gitcoin (GTC), Civic (CVC), SelfKey (KEY), Ontology (ONT);

AGIX (Token) - SingularityNET, the leader in the AI sector, trading activity remains high, with the release and iterative upgrades of products like GPT-4, and broader applications will continue to drive repeated hype around AI;

HOBBES (Token) - Hobbes is the name of Elon Musk's late Yorkshire dog, a meme token, with high on-chain trading activity in the past 24 hours (3,544 swaps, total trading volume $4M). The token contract has certain flaws: trading cooldown feature (tokens cannot be sold for a certain time or number of blocks after purchase), adjustable trading tax, and blacklist settings. Please invest cautiously;

DBOX (Token) - Decentra box, builds a fully decentralized and immutable file storage system using IPFS and Filecoin. Twitter KOL - @TheShibLord1 promotes it, with a 6% trading tax on-chain transactions, and the contract has certain flaws, please trade cautiously;

A Birds Nest (Token) - HOOT, the contract has no obvious issues, has been listed on CMC, and the price has continued to rise for 2 days since launch, with 1,197 swaps in the past 24 hours, trading volume = $1.51. The official website is quite rudimentary, claiming to create a DEX on QOM (Shiba Predator);

GDX (Token, Dapp) - Gridex, an order book spot exchange in the Arbitrum ecosystem, has attracted more user attention through airdrops, and the price continues to rise; recently announced the start of airdrop 3, where makers can earn GDX airdrop rewards for single trades in arb. $GDX is now listed on Bitget, welcome to trade on Bitget;

RAM (Token, Dapp) - Ramses Exchange, a ve(3,3) DEX in the Arbitrum ecosystem, with TVL rapidly rising to $57M;

2. Popular NFTs:

Legendary: Heroes Unchained Loyalty Pass (NFT) - An NFT that just completed minting, holding the NFT allows access to a testing whitelist and early gift packs in its upcoming blockchain game, with a total issuance of 5,000, briefly sold out, and currently has 38.9k Twitter followers, showing some popularity, with on-chain holders = 3,479;

3. Popular DApps:

ARB Bulk Registrar (Dapp): Domain service, with the upcoming Arbitrum token airdrop, overall on-chain interactions in Arbitrum are heating up, and some users are starting to turn their attention to domain trading, expecting that domains will become a trading hotspot as interest rises;

Galxe (Dapp) - An on-chain task platform, a leading application in DID. With Space ID issuing tokens, some users in the crypto space have shifted their focus to the DID track, combined with the Arbitrum token issuance leading to user expectations for airdrops from various projects (many project teams will use "user participation in activities hosted by Galxe, holding activity OAT" as one of the criteria for airdrops), resulting in a continuous increase in daily active users for Galxe;

Space ID (Dapp, Token) - Will launch Token $ID on Binance Launchpad, SPACE ID has released airdrop details: over 290,000 addresses are eligible to claim, open for claims on March 22;

Link3 (Dapp) - DID track, a Web3 social task network incubated by CyberConnect, users can establish their own decentralized social graph by completing their on-chain and off-chain profile information. Link3 saw a doubling of web traffic in December 2022, with a total of 1.2M visits in a single month. BNB Chain, SpaceID, etc., recently held events on Link3, and SpaceID was listed on Binance's Launchpad, further increasing Link3's traffic;

Lens Protocol (Dapp) - The issuance of tokens by Arbitrum has also stimulated user expectations for Lens airdrops. Currently, creators on the Lens protocol have generated $275,167 through user-paid collections (collect), subscriptions (subscribe), mirrors (mirror), follows (follow), etc., with an average income of $65 per earning creator and an average income of $1.56 per transaction. The Lens ecosystem is continuously expanding;

zkSync (Dapp) - ZK Layer2 projects have certain expectations for token issuance. Arbitrum announced an official airdrop, creating a good wealth effect, leading to active interactions from users such as zkSync's public chain, hoping for future token airdrops. As a result, zkSync's interaction volume has significantly increased; (After Arbitrum announced the airdrop, the daily active users on zkSync and StarkNet both increased by about 10 times)

Starknet (Dapp) - Among the requirements for the Arbitrum airdrop list is the interaction through the Arbitrum Bridge to obtain tokens, leading to a significant increase in interaction volume on the Starknet ETH Bridge;

Rarible (Dapp) - The NFT of the popular project DegenZoo, created by the founder of DAOMaker, has received support from the Rarible market, leading to an increase in Rarible's recent traffic. Meanwhile, "0 gas fee to mint/create NFT" has also significantly increased Rarible's usage;

Camelot (Dapp) / GRAIL (Token) - The token is $GRAIL, a top-tier DEX on Arbitrum, which broke $100M in TVL on March 20, and the token price also surpassed $4000. Additionally, PerpyFinance's PRY raised $5 million in the Camelot IDO, with TGE coming soon;

4. Trending on Twitter:

USDC (Token): According to a report by Fortune magazine citing insiders, Coinbase provided Circle with an immediate credit line of about $3 billion after SVB's bankruptcy to ensure the full liquidity of USDC reserves. USDC has also gained widespread adoption on Arbitrum, with DefiLlama data showing that the stablecoin market cap on Arbitrum reached $1.6 billion, of which over $1 billion is USDC.

DBX (Token) public chain network, with 30,000 followers on Twitter, daily trading volume of $1,616,162, and a price drop of 99.8% from its peak, with the vast majority of trading volume concentrated on the small exchange probit, no pools on-chain, recommended to observe;

EVMOS (Token): An EVM network in the Cosmos ecosystem, it will interoperate with the Ethereum mainnet, EVM-compatible environments, and other BFT chains through IBC, allowing users and developers to easily interact seamlessly across chains. Recently, a YouTube channel aimed at developers has been established;

5. Regional Hot Searches:

LINA (Token): Linear Finance is the first cross-chain compatible decentralized Delta-One asset protocol that can create, trade, and manage synthetic assets. Currently, there are no operational activities or product updates, and its appearance in hot searches may be due to a recent surge in price.