On-Chain Analysis

(Mike Doherty/Unsplash)
Early Base Whales Have an Affinity for Meme Tokens, Nansen Says
The top 22 depositors to Base as of July 31 have allocations in a telegram trading bot token, several meme tokens and an on-chain casino token.
(Mike Doherty/Unsplash)

(Danny Nelson/CoinDesk)
Avalanche Blockchain Usage Grew in Second Quarter: Nansen
The Avalanche C Chain saw daily active address and transaction volume – two important metrics to gauge a blockchain’s health – increase significantly in the period.
(Danny Nelson/CoinDesk)

Version 2 of GMX's trading platform is now live. (Pixabay)
Arbitrum's Most Popular DEX Goes Live With New Version Offering DOGE Pools at 40%
Version 2 of GMX allows trading of riskier assets at lower fees, with some pools yielding as much as an annualized 47%.
Version 2 of GMX's trading platform is now live. (Pixabay)

Curve founder Michael Egorov took out highly leveraged loans. (Michael Egorov, modified by CoinDesk)
Curve Founder Raises $42.4M to Pay Off $80M On-Chain Debt
Michael Egorov is under liquidation pressure following CRV’s recent price drop and Curve exploit.
Curve founder Michael Egorov took out highly leveraged loans. (Michael Egorov, modified by CoinDesk)

(Aaron Burden/Unsplash)
Wintermute, a Major Trader, Is a Key Player in Arkham’s Controversial Dox-to-Earn Platform
The liquidity provider just withdrew 8 million of Arkham’s ARKM token from Binance, increasing its position by 731%.
(Aaron Burden/Unsplash)

(bluebudgie/Pixabay)
Arkham Intel Exchange Shows 11 Submissions Since Debut Including Finding Elon Musk’s Wallet
Some bounties that have received a submission include identifying an address owned by MicroStrategy with over 10,000 BTC volume.
(bluebudgie/Pixabay)

(Pixabay)
Midday Mover: BNB, SOL Outperform as Bitcoin Clings to $30K
PLUS: Mantle Network is mulling a $200 million ecosystem fund for its new layer-2 blockchain.
(Pixabay)

Decentralized network (Shubham Dhage/Unsplash)
Ethereum-Based Yield Powerhouse Pendle Finance Expands to BNB Chain
Pendle offers users yields in the form of tradable digital tokens, with some strategies offering as much as 82% annualized yields on ether (ETH) and ether derivative tokens.
Decentralized network (Shubham Dhage/Unsplash)

BCH/USD chart (Cryptowatch)
Bitcoin Cash Prices Spikes to 4-Month High; Open Interest Rises to 77%
Bitcoin Cash was one of four assets listed on Citadel-backed exchange EDX this week.
BCH/USD chart (Cryptowatch)

(CryptoWatch)
Decentralized Exchange DYdX’s Token Spikes Almost 10% After SEC Sues Binance for Alleged Securities Violations
The surge in DYDX comes as the SEC alleges BNB and BUSD – tokens belonging to centralized exchange Binance – are unregistered security offerings.
(CryptoWatch)