Stacy in Dataland (´⊙~⊙`)

Aptos DEX volumes look impressively strong — climbing from under $10M in January to a steady $150M+ by October, all without major incentive campaigns.

Uniswap unveiled its UNIfication plan — the biggest governance overhaul yet. The proposal burns 100M $UNI from the treasury, activates the long-dormant fee switch, and merges Uniswap Labs with the Foundation under a five-member board. Following the news, $UNI jumped 35%.

USDe, Ethena’s synthetic dollar, maintains its $1 peg through a delta-neutral structure: users deposit liquid collateral while Ethena shorts perps to hedge price risk. Yield comes from funding and collateral earnings, with sUSDe stakers auto-compounding returns. From near zero in 2024, USDe supply soared to $15B before easing to $9–10B — still several times higher than early-year levels.

New freshly collected research for you 📒 General ➖ Binance: Weekly: Markets De-Risk as Macro Uncertainty Builds ➖ Cointelegraph: The impossibility of perfect fairness in transaction ordering ➖ Galaxy: Weekly Top Stories - 11/07/25 ➖ Galaxy: Has Crypto Grown Up? Bitcoin Stability and the Next Big Launch Market ➖ Cryptorank: Crypto Market Recap: October 2025 ➖ CoinShares: Market update - November 7th, 2025 ➖ CoinShares: Digital asset fund manager survey - October 2025 ➖ CoinShares: Equities update | November 10th 2025 ➖ CoinShares: Digital asset fund flows | November 10th, 2025 ➖Crypto.com: Market Update (October 2025) ➖ CoinGecko: Digital Asset Treasury Companies (DATCo) Report 2025 ➖ Binance: Monthly Market Insights - November 2025 ➖ The Defiant: Institutional Sentiment is Turning Bearish on Crypto: Sygnum ➖ Glassnode: Defending $100k ➖ Glassnode: BTC Market Pulse: Week 46 DeFi ➖ DL Research: The Katana Flywheel: Rethinking Incentives and Liquidity for Sustainability ➖Crypto.com: Prediction Markets: The Rise of Event-Driven Finance ➖ Cointelegraph: How perp DEXs quietly took over 26% of the futures market Blockchains & networks ➖ 4pillars: INFINIT — The Project Driving Real Demand for X402 ➖ DL Research: Inside Galileo: 0G’s Infrastructure for AI at Scale Tokens & currencies ➖ 4pillars: Can KRW Stablecoin Make it? ➖ DL Research: One Bitcoin, Two Systems, and the Link Between ➖ Galaxy: Why Bitcoin’s $95K Level Matters

USDC on Solana is Circle’s native stablecoin for fast, low-fee payments, and Solana now leads all chains in monthly USDC senders, accounting for one-third of the total. Since October 2023, that number has grown 10×, while the average monthly supply reached $12.6B — with $9.9B sitting on Solana, or 62% of its total stablecoin base.

Actually, dYdX has been pushing a lot of trader acquisition incentives lately. One of the recent was their 0%maker & taker fees for BTC and SOL perpetual markets, effectively turning dYdX into a no-cost trading venue for top pairs. On top of that: • 50% fee rebates for all traders through year-end • $1M trader prize pool via the Surge Program • dYdX Trading Leagues live until end of November, up to $250K weekly rewards. Great alignment with the SOL community imo.

Binance and Bybit P2P volumes rose 54% and 117% year-over-year, respectively. After Binance’s exit from Nigeria, Bybit captured a major share of stablecoin activity, becoming the go-to platform for peer-to-peer trading.

$ORE hit a new daily revenue record of $389K, pushing monthly revenue to $2.86M. Participation keeps climbing too — now consistently above 900 per round, signaling strong user engagement.

Not all buyback tokens perform equally — product strength, market fit, and narrative matter just as much. Year-to-date, $SYRUP is up +200% and $HYPE +67%, while $AAVE and $JUP are down 35% and 58%. Buybacks help, but they don’t replace solid fundamentals.

Binance data shows a rare spike in old Bitcoin movements: on November 4, the Exchange Inflow – Spent Output Age Bands metric hit its highest level since July. The surge came mainly from coins aged 3–7 years — typically held by “long-term whales.” Such activity often signals profit-taking or portfolio rotation among long-term holders.

72 of the top 100 cryptocurrencies are down more than 50% from their all-time highs.

October’s $30B in perpetual liquidations drained orderbook liquidity, and the shock has now spilled into DeFi lending. Aave alone saw nearly $100M in liquidations yesterday — just shy of the $125M peak during the October 10 “Black Friday.”