11032
sealaunch.xyz

@sealaunch #11032

We are onchain data explorers sealaunch.xyz https://dune.com/sealaunch https://sealaunch.substack.com https://twitter.com/sealaunch_
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Echo enables users to co-invest in early-stage crypto projects and startups with other angels, built on @base.

The platform has helped raise $32M across 86 deals, with participation from 4K investors.

Last week, MegaEth raised $10M — the largest round on Echo to date.

https://dune.com/sealaunch/echoxyz-early-stage-investing-in-startups-and-tokens
/Base
DEX weekly volume on Base has been on an upward trajectory in recent weeks, outperforming previous cycles.
Both this week and last week crossed the $9B mark for the first time.

Volume marketshare continues to be split between Uniswap and Aerodrome, with higher dominance of Aerodrome.

https://dune.com/sealaunch/dex-metrics-on-base?Select+Timeframe_ed47bb=365&Select+Date+Granularity_ed0f38=week
Congrats @aethernet you reached #1 on the top zora creators rankings in terms of earning in the last 7 days with the two mints launched.

How do you feel?

Check this dashboard that tracks Zora rewards rankings
https://dune.com/sealaunch/zora-protocol-rewards
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
Thanks for the support @base 🫡
Yesterday was an ATH in terms of daily transactions and active addresses on @base

While impressive, these metrics can be seen as vanity without a deeper dive into the type of usage, especially since onchain spam is common, particularly on lower-fee chains. For this reason, we are exploring the introduction of robust wallet labeling to better characterize onchain activity.

Also worth noting that @base stablecoin supply hit an ATH, with $3.36B in assets onchain.

https://dune.com/sealaunch/base-overview
We just updated our L2 Rollups economics Dune dashboard to add new chains. Now compares L2 profitability of Arbitrum, Base, Blast, Scroll, zkSync Era, Optimism, Zora Network, Mantle and Linea.

In the last 90D, these chains generated $ 26M in onchain profit, with Base ($7,5M), Arbitrum ($6,8M) and Blast ($ 4M) generating ~70% of the profits.

In terms of L1 costs, Scroll generated 33% of the costs, followed by Base and Arbitrum.

Since Blob introduction, most of chains have a high onchain profit margin (above 90%), but Linea and Blast have the highest margins at ~97%.

Check the dashboard below

https://dune.com/sealaunch/rollups-profits?Select+Timeframe_e1d520=90&Select+Date+Granularity_e0e138=
/Data
Super cool update by @interface team with token swaps directly on the app and interface web!
🤌 @wijuwiju.eth @annoushka.eth
Happy to work on this one with @nonlinear.eth

Hypersub unlocks recurring revenue for creators or any community, one of the main problems to tackle in the space.

📊 https://dune.com/fabric/protocol
Uniswap typically dominates DEX volume on the chains where it operates, though there are exceptions.

On @base, for example, @uniswap led with 87% of the volume back in March. However, @aerodrome now leads with 56% of the volume.

In contrast, when looking at the market share by addresses, Uniswap still holds a significant advantage, with 93% of active DEX addresses on Base.

Moreover, Base accounts for 80% of Uniswap's active addresses, making Uniswap one of the primary beneficiaries among DEXs of the new users onboarded by Base.

Source: https://dune.com/sealaunch/dex-metrics-on-base
Ethereum, Arbitrum and Avalanche lead in weekly DEX volume per address and average trade size on DEXs.
Since mid-July, Avalanche has seen faster growth in both metrics, even surpassing Arbitrum in average trade size.

Source: https://dune.com/sealaunch/dex-cross-chain-metrics
Base with close to 500k unique addresses on DEXs yesterday

https://dune.com/sealaunch/dex-metrics-on-base
New addresses on Base per month are rising.

More stars here

https://dune.com/sealaunch/base-overview
DEX users on @base have been growing for the last month, reaching new ATHs in the last days.

Base is now the second biggest chain in terms of DEX users after Solana, surpassing BNB Chain.

https://dune.com/sealaunch/dex-metrics-on-base?Select+Timeframe_ed47bb=120
There's $ 2,7M in Zora unclaimed protocol rewards.

When you create or collect on Zora you earn rewards (creator, first minter, mint referral and create referral).

The amount generated from rewards is aggregated into an escrow contract and can be withdrawn by users at any time.

Zora has generated 7,300 ETH in total rewards, and users have withdrawn 6,536 ETH. This means there's a total of rewards unclaimed by users of ~746 ETH ($2,7M).

There's 23 wallets with more than $20k to claim, 259 wallets with more than $500 to claim and 17,924 wallets with more than $5 to claim.

From our analysis, here's some examples of high rewards that aren't claimed:
- Companies that did a drop on Zora, but don't use the "corporate wallet" often to have visibility on the unclaimed rewards;
- Drops launched by multisigs that also don't have visibility on the UI of the unclaimed rewards;
- Rewards associated with Splits created on Zora.
Thanks @base for the builders grant and @jessepollak
for the based nomination 🫡
In the last two days, Zora Network surpassed 1M daily transactions for the first time