
sealaunch.xyz
@sealaunch
531 Following
692 Followers
2 replies
3 recasts
12 reactions
1 reply
0 recast
0 reaction
0 reply
0 recast
4 reactions
2 replies
0 recast
11 reactions
0 reply
0 recast
0 reaction
1 reply
0 recast
4 reactions
0 reply
1 recast
4 reactions
0 reply
1 recast
4 reactions
0 reply
0 recast
1 reaction
0 reply
1 recast
4 reactions
2 replies
3 recasts
17 reactions
0 reply
2 recasts
12 reactions
3 replies
0 recast
7 reactions
2 replies
19 recasts
181 reactions
6 replies
45 recasts
348 reactions
2 replies
5 recasts
19 reactions
0 reply
3 recasts
10 reactions
How is liquidity flowing on @base?
In which protocols/category are assets being used/locked?
We analysed some of the ERC20 tokens with higher onchain market cap on Base to understand this (WETH, USDC, wstETH, cbBTC, cbETH, EURC, AERO, DEGEN).
WETH with ~$ 590M of onchain market cap, has ~65% of supply on DEXs and 16% on Lending protocols.
The majority of the supply is on LPs on Aerodrome (46%) and on
Uniswap (15%). And on the Lending protocols it's split between Morpho (5,1%), Moonwell (4,1%) and Aave (2,3%).
wstETH with ~$100M in onchain market cap on Base has most of the supply on lending protocols (65% split between Morpho, Aave and Moonwell) with only 17% on DEXs.
Check other assets on the Dune dashboard https://dune.com/sealaunch/base-major-assets 0 reply
0 recast
5 reactions
2 replies
2 recasts
10 reactions
0 reply
3 recasts
10 reactions