0xScope Newsletter #21: Mantle on Scopescan

Also: 0xScope's analysis on Web3 social graph companies, Smart Money, Web3 hot trends, and more.

Nov 30, 2023

Mantle is now live on Scopescan

0xScope has recently launched support for Mantle, a Layer-2 blockchain platform built on top of Ethereum. In this article, the 0xScope team provides an overview of key statistics and important trends related to the Mantle ecosystem. Read the report here.

Web3 Data Industry Spotlight: Web3 Social Graph Companies

This spotlight article on Web3 social graph companies is part of the 0xScope team's ongoing series about the Web3 Data Industry. Learn more about the advantages offered by these companies, as well as the challenges they face. Read the report here.

Meme coin tops list, brings in $3.5M in profits

In the latest Smart Money report, meme coins like $GROK and $GORILLA bring in millions of profits split among hundreds of addresses, while a top $GROK investor gained $241,000 in earnings. Read more here.

Lido shines, BNB Chain sinks in modest week for TVL growth

This week, the Web3 industry added just $644.5M to its TVL after 4 straight weeks of billion-dollar growth. Lido added $1.5B to its TVL, surpassing Ethereum's $1.36B total gain, while BNB Chain lost the most TVL among all ecosystems. More trends here.

On-chain Data

Binance, Huobi see significant asset volume losses

In the past week, Binance's total asset volume further decreased by 1.49%, and Binance US also saw a decline of 7.61%. Huobi experienced the most significant decline, dropping by 6.18%. On the contrary, Bybit, OKX, and Kucoin saw an increase in assets over the past week, growing by 3.86%, 2.01%, and 3.05%, respectively.

Meanwhile, we noticed that Justin Sun has been engaging in frequent large-amount on-chain transactions over the past week. You can find more information on Scopescan's Twitter.

Token cliff unlocks for DYDX and 1INCH next week

As December arrives, the frequency of token unlocks increases. In the first week of December, we have recorded 10 tokens set to unlock, with the most significant being DYDX. On December 1st, a total of 477M DYDX tokens will unlock, accounting for approximately 83.21% of the current total circulating supply. This marks the largest unlock in DYDX's history, including 270M DYDX unlocking for the first time to investors. If you are interested in DYDX's unlocking schedule, please follow 0xscope on Twitter as we will be tracking the token unlocking in real-time. Additionally, 1INCH is set to unlock 34.15M tokens.

If you're a supporter of these tokens, please be mindful of potential price fluctuations in the days to come, and follow the 0xScope Twitter account for more information.

Company Announcement

Join the Scopechat Waitlist!

Want to be one of the first users of 0xScope’s upcoming Web3 AI assistant Scopechat? Sign up for the Scopechat waitlist here.

For more information, including how to refer your friends and earn Scopepoints, read this blog.

Answer the Scopechat Survey

Before we launch Scopechat, we're giving you the opportunity to tell us what you are expecting from our upcoming Web3 AI assistant. Simply answer this five-question survey and make an impact on the future of exploring Web3.

Take the Scopechat survey here.

Be the next Scopescan Ambassador!

0xScope is looking for talent! Passionate about growing your community and showcasing your investigation skills? Become a Scopescan Ambassador, lead the charge, and get a chance to be featured here! If you think you are a good fit or know somebody who is, please reach out at hr@0xscope.com.

Scopescan Community Highlights This Week

Quick Bites

Coinbase stock hits 18-month high alongside Bitcoin and Ethereum - LINK

Cristiano Ronaldo faces $1bn lawsuit over Binance ads - LINK

Bitcoin ETF race gets 13th entrant, BlackRock revises ETF model - LINK

Animoca to become TON blockchain’s largest validator - LINK

FTX gets court approval to sell $873M worth of Grayscale, Bitwise Trust assets - LINK