ChainCatcher Selection

July 12 Market Important Events Overview

Can project parties and public chains redeem each other?

July 9 Market Important Events Overview

The competitiveness of stablecoins comes from the long-term accumulation of liquidity, habits, and trust, which cannot be replicated by just a list of partners. This article takes Binance as an example to clarify whether "switching stablecoins" is worthwhile, and also explains why the market may have overestimated the impact of OUSD on USDT and USDC.

Perpetual contracts are moving from the fringes of the crypto market to the global financial center, while Hyperliquid attempts to re-establish trading, pricing, and liquidity in the financial world with a 24/7, permissionless on-chain market.

"This is truly the collective memory of the earliest generation of DeFi yield farmers. Back in the day, when people looked at DeFi, many would open Zapper every day to check their assets, LPs, and yields, but this project did not seize the best period and, with a bit of arrogance, headed towards decline."

July 8 Market Important Events Overview

When traditional financial giants sail into the deep sea of cryptocurrency, what they need to do is not to integrate into the existing on-chain world, but to rebuild a new continent beneath their feet with compliant structures and a massive user base.

Under the reference framework of the offshore dollar system, once stablecoins are incorporated into the collateral financing chain, it may give rise to a new type of dollar debt based on them—“collateralized dollars.” Whether this layer of debt can be established and whether it is stable depends on who controls the tokens, how they are exchanged for bank dollars, and whether the market is still willing to accept and continuously fund this layer of debt at close to face value when pressure arises.

July 7 Market Important Events Overview