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Bitget Research: Curve's TVL Plummets Following the Exploit, Base Ecosystem BALD Skyrockets Hundredfold in a Single Day

Bitget Research
2023/07/31
Bitget Research: Curve's TVL Plummets Following the Exploit, Base Ecosystem BALD Skyrockets Hundredfold in a Single Day

the past 24 hours, there have been many new popular tokens and topics emerging in the market, and perhaps they could be the next market spotlight.

In Summary:

1.Popular Tokens:

BALD (Token) - In the Base ecosystem, the meme token BALD experienced an explosive surge, skyrocketing nearly 100 times in a single day, attracting significant attention. Market rumors suggest that Coinbase's CEO, Armstrong, has invested in this token, leading to a surge in the price of BALD tokens. The market speculates that BALD may be Base's Gas token. A token with the same name has also appeared on ETH, but it is about to reach zero value, thus participating carries high risk.
Kuku (Token) - A new memecoin launched yesterday, Kuku has an extremely high token limit that even market websites are unable to display correctly. The token has gained some exposure due to this, with a 24-hour trading volume of US$1 million, 4519 transactions, and 1670 unique holders. The token currently has a significant wealth effect, making it worthwhile to monitor its subsequent trend.
HAMA (Token) - This token is trending on social media, especially in the Chinese-speaking region (Mainland China + Taiwan). It has 25.6K followers on Twitter, including more than 25 influencers. A single tweet can receive around 10-20K views in 5 hours. The Chinese meme focuses on the Hama character from the Calabash Brothers cartoon and currently has high on- XCNUSDT"> chain trading activity. Airdrop users have gained a considerable amount of profit, and the token has a good reputation in the Chinese-speaking region. Currently, the token price has plummeted. It is essential to stay updated on HAMA.
CRV (Token) - Due to a reentrancy lock failure, some stable pools (alETH/msETH/pETH) using Vyper 0.2.15 were attacked. The attack led to losses of about US$52 million for projects such as Alchemix, JPEG'd, and Curve. Currently, the attacker's address holds approximately 7680 WETH (about US$14.4 million) and 7,193,402 CRV (about US$4.49 million). The liquidation price for CRV on related DeFi protocols such as AAVE and Fraxlend is around 0.4, implying that the market still bears liquidation risk.
X (Token) - A memecoin replicating Twitter X. The contract risk is relatively low and features anti-whale measures and potential blacklist mechanisms. The on-chain trading activity is good, with 1178 transactions over the past 24 hours, and a tota l trading volume of US$ 1.1 million.
Quadrant (Token) - A data-driven tech company focused on improving mobile addresses and POI data. The project has low community attention and average token trading activity. On-chain data shows numerous fixed-amount transfers, indicating that users can receive token rewards for participation.
agEUR (Token) - agEUR is backed by Angle Protocol, a capital-efficient, decentralized, and over-collateralized stablecoin protocol. Recently, the launch of Angle's Transmuter product has been voted on Snapshot. After the vote passes, the price of agEUR will be unrelated to the trading price of EURUSD, allowing it to avoid any market risks brought about by USD depegging.
ARB (Token) - The native token of the Arbitrum ecosystem has seen relatively low volatility over the past two weeks. After the news of the Curve exploits broke out, the token experienced a rapid plunge, with the price currently rebounding. The total on-chain trading volume of the token over the past 24 hours is US$20 million, with a high number of transactions. ARB can be traded on Bitget.

2.Popular NFTs:

Pandra (NFT) - Pandra is conducting a series of NFT cross-chain interactions, enabling simultaneous interactions with zkBridge and LayerZero. The task deadline is August 20th, and the NFT's transactions have been boosted by speculative investors taking advantage of the airdrop.

3.Popular DApps:

BridgeBase (DApp) - Users need to complete the cross-chain operation of ETH from the ETH mainnet to the Base chain by interacting with "0x49..97e". Yesterday, the Bald token on Base skyrocketed by nearly 100x in a single day, with users frequently completing cross-chain operations. This has resulted in an initial accumulation of assets in the Base ecosystem.
Zora (DApp) - Zora is a significant NFT release and a commemorative NFT Free Mint platform within the NFT market. The project has assisted numerous project owners and influencers with NFT releases and has a certain reputation within the community. The NFT designs are quite exquisite and have caught the attention of many artists. Currently, it is promoting NFTs for Blooming Visions. The NFT is valued at 0.02ETH. It is essential to stay updated on Zora.
Linea (DApp) - The Ethereum Layer 2 solution Linea, launched by ConsenSys, announced open access to the Alpha version of the Linea mainnet for the entire Linea community. Developers can access this Rollup and ETH bridge UI, as well as the RPC endpoints in Infura and MetaMask. Currently, Linea mainnet has bridged 18,632 ETH, with a total of 136.000 on-chain transfers and 100.000 unique users, indicating fast progress. It is essential to stay updated on this project.
PlaybuxQuest (DApp) - A metaverse project on the Binance Smart Chain that integrates real-world shops (shop-to-earn), DeFi, NFT, and virtual community promotions. The project has announced a partnership with iQIYI, a global streaming company, to introduce a 'Watch to Earn' feature, aimed at enabling users around the world to enjoy quality and free content. Recently, there have been rumors in the community about a token distribution plan, making it essential to stay updated on this project.
Plexus (DApp) - Many small amounts of Wmatic transfers have occurred on-chain using the Swap Router function. The project provides the best cross-chain bridge service, acting as middleware offering trading routes. On July 28, Plexus announced that it will conduct an IDO on Seedify, attracting significant attention from the community.
Layerswap (DApp) - This platform supports users in transferring assets across EVM chains such as Arbitrum, OP, Zksync, Starknet, and Polygon. Zkswap and Rollup.finance have already integrated Layerswap and will use the relevant cross-chain services. The project makes cross-chain operations simple and secure. With a solid foundation, it is an essential project to stay updated on.
LayerZero (DApp) - LayerZero is a cross-chain protocol that facilitates communication between DApps deployed on different blockchains without the need for any intermediary chains or consensus mechanisms. LayerZero has passed more than 50 million messages between various chains, according to the latest official data. It continues to be the DApp that consumes the most gas on Arbitrum, mainly because core applications such as Stargate and Radiant use its cross-chain services. The project is an important cross-chain communication infrastructure.
Good Dollar (DApp) - A project in the CELO ecosystem and a non-profit initiative created by GoodDAO, Good Dollar primarily helps users learn and experience digital currencies. Its UAW experienced a surge yesterday. The project has certain similarities with the recently popular Worldcoin and capitalizes on the hype of leading projects.
Convex Finance (DApp) - Curve's exploit caused an increase in Convex Finance's UAW and a significant drop in TVL of over 50%, while CVX, Convex Finance's token, declined by 11% over the past 24 hours. The market is currently focused on the potential liquidation risk of CRV across several decentralized exchanges. Currently, there is no market crisis, but the circumstances necessitate close monitoring.
Planet IX (DApp) - A Web3 NFT-based GameFi game that is currently one of the most popular games on Polygon. It consistently tops the ecosystem rankings and has a highly active user base. The project recently partnered with DEW to help with exposure and increase traffic.
NiftyKicks (DApp) - Nifty Kicks is the first P2E game built on the Wax chain with a factory concept. The project carried out a PFP sale at the beginning of the month. The overall user interest has fluctuated, and the project has not maintained a consistent presence in the rankings. UAW has recently seen an increase due to gaming promotions.
MeanFi (DApp) - A multi-chain swap DeFi application, with main modules including a payment stream system, and an aggregated DEX, among others. The project has long been a leading DeFi application in the Solana ecosystem. Its main product feature is performing ERC20-ERC20 conversions using a Dollar Cost Average strategy. The project has recently cooperated with many projects from the Arbitrum ecosystem and integrated the DCA trading feature of STG and MIM.
1inch (DApp) - The 1inch token recently experienced a substantial rally, with an increase of nearly 100% to US$0.56 from its bottom, followed by a recent significant pullback. Curve's exploit today resulted in a significant drop in the prices of CRV and AAVE, while COMP rose against the trend. 1inch, acting as a trading router in the middle, assists users in reducing transaction fees through Fuse trades, leading to an increase in its UAW.
Iskra (DApp) - A blockchain gaming platform built on Klaytn, bringing together gamers and game studios with a continuous increase in daily active users. The platform allows gamers to explore and enjoy high-quality blockchain games while creating their own communities. Tether announced the issuance of native USDT on Kava in late June, paving the way for the inflow of funds into ecosystem projects. The project's UAW tends to be higher on weekends than on weekdays.
Optimism (DApp) - The Ethereum Attestation Service stated on social media platforms that EAS has been integrated into OP Stack. All future OP Stack chains will automatically include the EAS smart contract during their genesis block phase, which primarily consolidates the adoption of the Superchain. Recently, due to the high popularity of Base L2, which uses OP Stack technology, and BALD experiencing a 1000x surge in a day, the market's attention to the OP ecosystem is high.
Link3 (DApp) - Link3 is a Web3 native social platform built on the CyberConnect protocol. Currently, the total number of CyberProfiles has exceeded 100,000. Recently, Arbitrum, MantaNetwork, and PoolTogether have joined the Link3 fam, with new promotions keeping on-chain interactions active.
XEN (DApp) - The funds speculating on XEN remain relatively active, indicating a certain cyclical speculation phenomenon. Recently, with the relatively low gas prices on the Ethereum chain reducing the costs for minting XEN, the on-chain tools used to mint XEN continue to stay active.

4.Twitter Hot Topics:

OP (Token) - Ethereum proof-of-service has completed native integration with OP Stack, ensuring that all future OP Stack chains will automatically include the genesis EAS contract. Yesterday, meme $BALD emerged on the Base chain based on OP Stack, skyrocketing by a thousand times and sparking heated discussions. Numerous new memes have also appeared on Base. The TVL on Base has surpassed $60 million. With the upcoming KanKun upgrade, the OP ecosystem may see speculative activities. In the past 24 hours, OP has seen around a 10% increase, and the ecosystem leader VELO has rebounded over 100% this month.
JPEG (Token) - JPEG'd officials reported that the pETH-ETH curve pool was attacked due to a serious vulnerability found in some versions of the Vyper smart contract programming language. Several pools on Curve, including pETH-ETH on JPEG'd, used the 0.2.15 version of Vyper and were impacted by the attack, resulting in a short-term drop of over 30% for JPEG.

5.Regional Trending Searches:

CRV (Token) - Curve was attacked due to a serious vulnerability found in some versions of the Vyper smart contract programming language, affecting related projects including Curve Finance. Several pools (alETH, msETH, pETH) used the 0.2.15 version of Vyper, which resulted in the failure of the reentrancy lock function and caused a total loss of $52 million across multiple pools. As a result, CRV experienced a 15% decrease.
Leetswap (Token) - Leetswap is the leading DEX in the Base ecosystem, and it currently has a TVL of US$40.25 million. The main liquidity in the ecosystem is concentrated on this DEX. The token currently has an on-chain liquidity of US$560,000, a 24-hour trading volume of US$12.29 million, and 2607 holders. The number of on-chain transactions has reached 105,000 in 5 days since it was launched, indicating a high level of on-chain activity.

Main Body

Written by: Bitget Research
Data collection time: July 31, 10:30
Data sources: Dune, DApps, Twitter, Google
Note:
1) New active users: Refers to wallet addresses that were newly created on the chain in the past 24 hours and had interactions on the chain.
2) Existing active users: Refers to wallet addresses that were created on the chain 24 hours ago and had interactions on the chain in the past 24 hours.
3) DApp daily activity (UAW: unique active wallets)
4) TGE (Token Generation Event)

1.BTC Profile - BRC-20

Bitget Research: Curve's TVL Plummets Following the Exploit, Base Ecosystem BALD Skyrockets Hundredfold in a Single Day image 0
There are currently no new hot projects in the BRC-20 ecosystem.

2.Blockchain Profile - ETH Chain

2.1 User Profile

2.1.1 Core Data
Total active users of ETH: 380,538
New active users of ETH: 74,075, with a daily increase of 1.84%
Existing active users of ETH: 306,463, with a daily increase of 4.43%
2.1.2 New User Profile
Core data: There were a total of 74,075 new active users on ETH yesterday, with a daily increase of 1.84%
Popular Sectors
Bitget Research: Curve's TVL Plummets Following the Exploit, Base Ecosystem BALD Skyrockets Hundredfold in a Single Day image 1
Popular Projects
Bitget Research: Curve's TVL Plummets Following the Exploit, Base Ecosystem BALD Skyrockets Hundredfold in a Single Day image 2
Key Projects:
BridgeBase (DApp) - Users need to complete the cross-chain operation of ETH from the ETH mainnet to the Base chain by interacting with "0x49..97e". Yesterday, the Bald token on Base skyrocketed by nearly 100x in a single day, with users frequently completing cross-chain operations. This has resulted in an initial accumulation of assets in the Base ecosystem.
Zora (DApp) - Zora is a significant NFT release and a commemorative NFT Free Mint platform within the NFT market. The project has assisted numerous project owners and influencers with NFT releases and has a certain reputation within the community. The NFT designs are quite exquisite and have caught the attention of many artists. Currently, it is promoting NFTs for Blooming Visions. The NFT is valued at 0.02ETH. It is essential to stay updated on Zora.
2.1.3 Existing User Profile
Core data: The number of ETH active existing users is 306,463, with a daily increase of 4.43%
Popular Sectors
Bitget Research: Curve's TVL Plummets Following the Exploit, Base Ecosystem BALD Skyrockets Hundredfold in a Single Day image 3
Popular Projects
Bitget Research: Curve's TVL Plummets Following the Exploit, Base Ecosystem BALD Skyrockets Hundredfold in a Single Day image 4
Key Projects:
Linea (DApp) - The Ethereum Layer 2 solution Linea, launched by ConsenSys, announced open access to the Alpha version of the Linea mainnet for the entire Linea community. Developers can access this Rollup and ETH bridge UI, as well as the RPC endpoints in Infura and MetaMask. Currently, Linea mainnet has bridged 18,632 ETH, with a total of 136.000 on-chain transfers and 100.000 unique users, indicating fast progress. It is essential to stay updated on this project. https://dune.com/angry/linea-mainnet-dashboard

2.2 Popular Trading Pairs

2.2.1 Uniswap V2
Bitget Research: Curve's TVL Plummets Following the Exploit, Base Ecosystem BALD Skyrockets Hundredfold in a Single Day image 5
BALD (Token) - In the Base ecosystem, the meme token BALD experienced an explosive surge, skyrocketing nearly 100 times in a single day, attracting significant attention. Market rumors suggest that Coinbase's CEO, Armstrong, has invested in this token, leading to a surge in the price of BALD tokens. The market speculates that BALD may be Base's Gas token. A token with the same name has also appeared on ETH, but it is about to reach zero value, thus participating carries high risk. https://dexscreener.com/ethereum/0x809b141564ecadf28920c27818a9359be515bb3b
Kuku (Token) - A new memecoin launched yesterday, Kuku has an extremely high token limit that even market websites are unable to display correctly. The token has gained some exposure due to this, with a 24-hour trading volume of US$1 million, 4519 transactions, and 1670 unique holders. The token currently has a significant wealth effect, making it worthwhile to monitor its subsequent trend. https://dexscreener.com/ethereum/0x2143b2f528f6d010c14e4037f9636aad2e32768a
HAMA (Token) - This token is trending on social media, especially in the Chinese-speaking region (Mainland China + Taiwan). It has 25.6K followers on Twitter, including more than 25 influencers. A single tweet can receive around 10-20K views in 5 hours. The Chinese meme focuses on the Hama character from the Calabash Brothers cartoon and currently has high on-chain trading activity. Airdrop users have gained a considerable amount of profit, and the token has a good reputation in the Chinese-speaking region. Currently, the token price has plummeted. It is essential to stay updated on HAMA. https://dexscreener.com/ethereum/0x805f11a6f11eb70af4f622bb3bb349b670473ba9
2.2.2 Uniswap V3
Bitget Research: Curve's TVL Plummets Following the Exploit, Base Ecosystem BALD Skyrockets Hundredfold in a Single Day image 6
CRV (Token) - Due to a reentrancy lock failure, some stable pools (alETH/msETH/pETH) using Vyper 0.2.15 were attacked. The attack led to losses of about US$52 million for projects such as Alchemix, JPEG'd, and Curve. Currently, the attacker's address holds approximately 7680 WETH (about US$14.4 million) and 7,193,402 CRV (about US$4.49 million). The liquidation price for CRV on related DeFi protocols such as AAVE and Fraxlend is around 0.4, implying that the market still bears liquidation risk.https://dexscreener.com/ethereum/0x919fa96e88d67499339577fa202345436bcdaf79
X (Token) - A memecoin replicating Twitter X. The contract risk is relatively low and features anti-whale measures and potential blacklist mechanisms. The on-chain trading activity is good, with 1178 transactions over the past 24 hours, and a total trading volume of US$ 1.1 million. https://dexscreener.com/ethereum/0x8e83de18b38ddc22166fb5454003a573a53be4ae

3.Blockchain Profile - BSC Chain

3.1 User Profile

3.1.1 Core Data
Total active users on BSC: 1,492,056
New active users on BSC: 188,340, with a daily increase of 1.36%
Existing active users on BSC: 1,303,716, with a daily decrease of 1.01%
3.1.2 New User Profile
Core data: There were a total of 188,340 new active users on BSC yesterday, with a daily increase of 1.36%
Popular Sectors
Bitget Research: Curve's TVL Plummets Following the Exploit, Base Ecosystem BALD Skyrockets Hundredfold in a Single Day image 7
Popular Projects
Bitget Research: Curve's TVL Plummets Following the Exploit, Base Ecosystem BALD Skyrockets Hundredfold in a Single Day image 8
Key Projects:
Pandra (NFT) - Pandra is conducting a series of NFT cross-chain interactions, enabling simultaneous interactions with zkBridge and LayerZero. The task deadline is August 20th, and the NFT's transactions have been boosted by speculative investors taking advantage of the airdrop.
3.1.3 Existing User Profile
Core data: The number of BSC active existing users is 1,303,716, with a daily decrease of 1.01%
Popular Sectors
Bitget Research: Curve's TVL Plummets Following the Exploit, Base Ecosystem BALD Skyrockets Hundredfold in a Single Day image 9
Popular Projects
Bitget Research: Curve's TVL Plummets Following the Exploit, Base Ecosystem BALD Skyrockets Hundredfold in a Single Day image 10
Key Projects:
PlaybuxQuest (DApp) - A metaverse project on the Binance Smart Chain that integrates real-world shops (shop-to-earn), DeFi, NFT, and virtual community promotions. The project has announced a partnership with iQIYI, a global streaming company, to introduce a 'Watch to Earn' feature, aimed at enabling users around the world to enjoy quality and free content. Recently, there have been rumors in the community about a token distribution plan, making it essential to stay updated on this project.

3.2 Popular Trading Pairs

3.2.1 PancakeSwap V2
Bitget Research: Curve's TVL Plummets Following the Exploit, Base Ecosystem BALD Skyrockets Hundredfold in a Single Day image 11
BALD (Token) - It bears the same name as the meme on the Base. The contract has severe issues, including potential mint function, transaction cooldown, and blacklist mechanisms. The token was pumped three times on DEX, all of which ended with the value reaching zero. The project carries high risks, and participation is not recommended. https://dexscreener.com/bsc/0x0df8c5f1c40183976c156b03bcceb47eade5739a

4.Blockchain Profile - Polygon Chain

4.1 User Profile

4.1.1 Core Data
Total active users on Polygon: 433,026
New active users on Polygon: 88,446, with a daily increase of 1.12%
Existing active users on Polygon: 344,580, with a daily decrease of 4.29%
4.1.2 New User Profile
Core data: There were a total of 88,446 new active users on Polygon yesterday, with a daily increase of 1.12%
Popular Sectors
Bitget Research: Curve's TVL Plummets Following the Exploit, Base Ecosystem BALD Skyrockets Hundredfold in a Single Day image 12
Popular Projects
Bitget Research: Curve's TVL Plummets Following the Exploit, Base Ecosystem BALD Skyrockets Hundredfold in a Single Day image 13
Key Projects:
Plexus (DApp) - Many small amounts of Wmatic transfers have occurred on-chain using the Swap Router function. The project provides the best cross-chain bridge service, acting as middleware offering trading routes. On July 28, Plexus announced that it will conduct an IDO on Seedify, attracting significant attention from the community.
4.1.3 Existing User Profile
Core Data: The number of Polygon active existing users is 344,580, with a daily decrease of 4.29%
Popular Sectors
Bitget Research: Curve's TVL Plummets Following the Exploit, Base Ecosystem BALD Skyrockets Hundredfold in a Single Day image 14
Popular Projects
Bitget Research: Curve's TVL Plummets Following the Exploit, Base Ecosystem BALD Skyrockets Hundredfold in a Single Day image 15
Key Projects:
Quadrant (Token) - A data-driven tech company focused on improving mobile addresses and POI data. The project has low community attention and average token trading activity. On-chain data shows numerous fixed-amount transfers, indicating that users can receive token rewards for participation.
ERC4337 (Other) - This is an abstract account-related ERC protocol. The advantage of ERC4337 is that it can use BLS aggregate signatures, which greatly reduce the transaction size and save Ethereum block space. Similarly, a lot of work is being done to improve efficiency using SNARK proofs in aggregation. Theoretical and technical advances in aggregation could be a breakthrough point for future Rollup upgrades.

4.2 Popular Trading Pairs

4.2.1 Uniswap V3
Bitget Research: Curve's TVL Plummets Following the Exploit, Base Ecosystem BALD Skyrockets Hundredfold in a Single Day image 16
agEUR (Token) - agEUR is backed by Angle Protocol, a capital-efficient, decentralized, and over-collateralized stablecoin protocol. Recently, the launch of Angle's Transmuter product has been voted on Snapshot. After the vote passes, the price of agEUR will be unrelated to the trading price of EURUSD, allowing it to avoid any market risks brought about by USD depegging.

5.Blockchain Profile - Arbitrum Chain

5.1 User Profile

5.1.1 Core Data
Arbitrum Active Users: 155,563
Arbitrum New Active Users: 27,463, with a daily increase of 9.60%
Arbitrum Existing Active Users: 128,100, with a daily decrease of 2.29%
5.1.2 New User Profile
Core data: There were a total of 27,463 new active users on Arbitrum yesterday, with a daily increase of 9.60%
Popular Sectors
Bitget Research: Curve's TVL Plummets Following the Exploit, Base Ecosystem BALD Skyrockets Hundredfold in a Single Day image 17
Popular Projects
Bitget Research: Curve's TVL Plummets Following the Exploit, Base Ecosystem BALD Skyrockets Hundredfold in a Single Day image 18
Key Projects:
Layerswap (DApp) - This platform supports users in transferring assets across EVM chains such as Arbitrum, OP, Zksync, Starknet, and Polygon. Zkswap and Rollup.finance have already integrated Layerswap and will use the relevant cross-chain services. The project makes cross-chain operations simple and secure. With a solid foundation, it is an essential project to stay updated on.
5.1.3 Existing User Profile
Core data: The number of Arbitrum active existing users is 128,100, with a daily decrease of 2.29%
Popular Sectors
Bitget Research: Curve's TVL Plummets Following the Exploit, Base Ecosystem BALD Skyrockets Hundredfold in a Single Day image 19
Popular Projects
Bitget Research: Curve's TVL Plummets Following the Exploit, Base Ecosystem BALD Skyrockets Hundredfold in a Single Day image 20
Key Projects:
LayerZero (DApp) - LayerZero is a cross-chain protocol that facilitates communication between DApps deployed on different blockchains without the need for any intermediary chains or consensus mechanisms. LayerZero has passed more than 50 million messages between various chains, according to the latest official data. It continues to be the DApp that consumes the most gas on Arbitrum, mainly because core applications such as Stargate and Radiant use its cross-chain services. The project is an important cross-chain communication infrastructure.

5.2 Popular Trading Pairs

5.2.1 Uniswap V3
Bitget Research: Curve's TVL Plummets Following the Exploit, Base Ecosystem BALD Skyrockets Hundredfold in a Single Day image 21
ARB (Token) - The native token of the Arbitrum ecosystem has seen relatively low volatility over the past two weeks. After the news of the Curve exploits broke out, the token experienced a rapid plunge, with the price currently rebounding. The total on-chain trading volume of the token over the past 24 hours is US$20 million, with a high number of transactions. ARB can be traded on Bitget. https://www.bitget.com/spot/ ARBUSDT?type=spot

6.DApp Ecosystem - All Chains

Bitget Research: Curve's TVL Plummets Following the Exploit, Base Ecosystem BALD Skyrockets Hundredfold in a Single Day image 22
Good Dollar (DApp) - A project in the CELO ecosystem and a non-profit initiative created by GoodDAO, Good Dollar primarily helps users learn and experience digital currencies. Its UAW experienced a surge yesterday. The project has certain similarities with the recently popular Worldcoin and capitalizes on the hype of leading projects.

7.DApp Ecosystem - ETH Chain

Bitget Research: Curve's TVL Plummets Following the Exploit, Base Ecosystem BALD Skyrockets Hundredfold in a Single Day image 23
Convex Finance (DApp) - Curve's exploit caused an increase in Convex Finance's UAW and a significant drop in TVL of over 50%, while CVX, Convex Finance's token, declined by 11% over the past 24 hours. The market is currently focused on the potential liquidation risk of CRV across several decentralized exchanges. Currently, there is no market crisis, but the circumstances necessitate close monitoring.

8.DApp Ecosystem - BSC Chain

Bitget Research: Curve's TVL Plummets Following the Exploit, Base Ecosystem BALD Skyrockets Hundredfold in a Single Day image 24
The UAW of the applications in the BSC ecosystem are overall in a downward trend, with no hot projects currently.

9.DApp Ecosystem - Polygon Chain

Bitget Research: Curve's TVL Plummets Following the Exploit, Base Ecosystem BALD Skyrockets Hundredfold in a Single Day image 25
Planet IX (DApp) - A Web3 NFT-based GameFi game that is currently one of the most popular games on Polygon. It consistently tops the ecosystem rankings and has a highly active user base. The project recently partnered with DEW to help with exposure and increase traffic.

10.DApp Ecosystem - WAX Chain

Bitget Research: Curve's TVL Plummets Following the Exploit, Base Ecosystem BALD Skyrockets Hundredfold in a Single Day image 26
NiftyKicks (DApp) - Nifty Kicks is the first P2E game built on the Wax chain with a factory concept. The project carried out a PFP sale at the beginning of the month. The overall user interest has fluctuated, and the project has not maintained a consistent presence in the rankings. UAW has recently seen an increase due to gaming promotions.

11.DApp Ecosystem - Solana Chain

Bitget Research: Curve's TVL Plummets Following the Exploit, Base Ecosystem BALD Skyrockets Hundredfold in a Single Day image 27
MeanFi (DApp) - A multi-chain swap DeFi application, with main modules including a payment stream system, and an aggregated DEX, among others. The project has long been a leading DeFi application in the Solana ecosystem. Its main product feature is performing ERC20-ERC20 conversions using a Dollar Cost Average strategy. The project has recently cooperated with many projects from the Arbitrum ecosystem and integrated the DCA trading feature of STG and MIM.

12.DApp Ecosystem - Arbitrum Chain

Bitget Research: Curve's TVL Plummets Following the Exploit, Base Ecosystem BALD Skyrockets Hundredfold in a Single Day image 28
1inch (DApp) - The 1inch token recently experienced a substantial rally, with an increase of nearly 100% to US$0.56 from its bottom, followed by a recent significant pullback. Curve's exploit today resulted in a significant drop in the prices of CRV and AAVE, while COMP rose against the trend. 1inch, acting as a trading router in the middle, assists users in reducing transaction fees through Fuse trades, leading to an increase in its UAW.

13.DApp Ecosystem - GameFi Sector Across All Chains

Bitget Research: Curve's TVL Plummets Following the Exploit, Base Ecosystem BALD Skyrockets Hundredfold in a Single Day image 29
Iskra (DApp) - A blockchain gaming platform built on Klaytn, bringing together gamers and game studios with a continuous increase in daily active users. The platform allows gamers to explore and enjoy high-quality blockchain games while creating their own communities. Tether announced the issuance of native USDT on Kava in late June, paving the way for the inflow of funds into ecosystem projects. The project's UAW tends to be higher on weekends than on weekdays.

14.Gas Fee Consumption - ETH Chain

Bitget Research: Curve's TVL Plummets Following the Exploit, Base Ecosystem BALD Skyrockets Hundredfold in a Single Day image 30
Optimism (DApp) - The Ethereum Attestation Service stated on social media platforms that EAS has been integrated into OP Stack. All future OP Stack chains will automatically include the EAS smart contract during their genesis block phase, which primarily consolidates the adoption of the Superchain. Recently, due to the high popularity of Base L2, which uses OP Stack technology, and BALD experiencing a 1000x surge in a day, the market's attention to the OP ecosystem is high.

15.Gas Fee Consumption - BSC Chain

Bitget Research: Curve's TVL Plummets Following the Exploit, Base Ecosystem BALD Skyrockets Hundredfold in a Single Day image 31
Link3 (DApp) - Link3 is a Web3 native social platform built on the CyberConnect protocol. Currently, the total number of CyberProfiles has exceeded 100,000. Recently, Arbitrum, MantaNetwork, and PoolTogether have joined the Link3 fam, with new promotions keeping on-chain interactions active.

16.Gas Fee Consumption - Polygon Chain

Bitget Research: Curve's TVL Plummets Following the Exploit, Base Ecosystem BALD Skyrockets Hundredfold in a Single Day image 32
XEN (DApp) - The funds speculating on XEN remain relatively active, indicating a certain cyclical speculation phenomenon. Recently, with the relatively low gas prices on the Ethereum chain reducing the costs for minting XEN, the on-chain tools used to mint XEN continue to stay active.

17.Gas Fee Consumption - Arbitrum Chain

Bitget Research: Curve's TVL Plummets Following the Exploit, Base Ecosystem BALD Skyrockets Hundredfold in a Single Day image 33
Layer Zero (DApp) - LayerZero is a cross-chain protocol that facilitates communication between DApps deployed on different blockchains without the need for any intermediary chains or consensus mechanisms. LayerZero has passed more than 50 million messages between various chains, according to the latest official data.

18.Twitter Trends Token Top 20

Bitget Research: Curve's TVL Plummets Following the Exploit, Base Ecosystem BALD Skyrockets Hundredfold in a Single Day image 34
OP (Token) - Ethereum proof-of-service has completed native integration with OP Stack, ensuring that all future OP Stack chains will automatically include the genesis EAS contract. Yesterday, meme $BALD emerged on the Base chain based on OP Stack, skyrocketing by a thousand times and sparking heated discussions. Numerous new memes have also appeared on Base. The TVL on Base has surpassed $60 million. With the upcoming KanKun upgrade, the OP ecosystem may see speculative activities. In the past 24 hours, OP has seen around a 10% increase, and the ecosystem leader VELO has rebounded over 100% this month.
JPEG (Token) - JPEG'd officials reported that the pETH-ETH curve pool was attacked due to a serious vulnerability found in some versions of the Vyper smart contract programming language. Several pools on Curve, including pETH-ETH on JPEG'd, used the 0.2.15 version of Vyper and were impacted by the attack, resulting in a short-term drop of over 30% for JPEG.

19.Google Trends - Global

Bitget Research: Curve's TVL Plummets Following the Exploit, Base Ecosystem BALD Skyrockets Hundredfold in a Single Day image 35
Bitget Research: Curve's TVL Plummets Following the Exploit, Base Ecosystem BALD Skyrockets Hundredfold in a Single Day image 36
CRV (Token) - Curve was attacked due to a serious vulnerability found in some versions of the Vyper smart contract programming language, affecting related projects including Curve Finance. Several pools (alETH, msETH, pETH) used the 0.2.15 version of Vyper, which resulted in the failure of the reentrancy lock function and caused a total loss of $52 million across multiple pools. As a result, CRV experienced a 15% decrease.
Leetswap (Token) - Leetswap is the leading DEX in the Base ecosystem, and it currently has a TVL of US$40.25 million. The main liquidity in the ecosystem is concentrated on this DEX. The token currently has an on-chain liquidity of US$560,000, a 24-hour trading volume of US$12.29 million, and 2607 holders. The number of on-chain transactions has reached 105,000 in 5 days since it was launched, indicating a high level of on-chain activity.

20.Google Trends Surge - East Asia, South Asia, Southeast Asia, Hong Kong, Macau, and Taiwan

Bitget Research: Curve's TVL Plummets Following the Exploit, Base Ecosystem BALD Skyrockets Hundredfold in a Single Day image 37
Bitget Research: Curve's TVL Plummets Following the Exploit, Base Ecosystem BALD Skyrockets Hundredfold in a Single Day image 38
a) South Asia Region
India Trending Keywords: Crypto Waiter, Acropolos Crypto, Crypto Bubbles, Uniswap
Pakistan Trending Keywords: Trading View, Crypto fear and greed index, Robinhood, Crypto news
b) Southeast Asia Region
Thailand Trending Keywords: Coinpayu, Crypto ronin, Crypto news
Philippines Trending Tokens: PI, Stellar, BTC
Indonesia Trending Keywords: ETH, BTC, LUNA
Vietnam Trending Tokens: Crypto Rank, Crypto News
c) East Asia and Hong Kong, Macau, and Taiwan
Trending Keywords: Crypto

21.Google Trends Surge - English-speaking Countries, Europe, CIS Region

Bitget Research: Curve's TVL Plummets Following the Exploit, Base Ecosystem BALD Skyrockets Hundredfold in a Single Day image 39
Bitget Research: Curve's TVL Plummets Following the Exploit, Base Ecosystem BALD Skyrockets Hundredfold in a Single Day image 40
a) CIS Region
Trending Tokens: APT
b) English-speaking Countries
Canada Trending Tokens: LTC, BTC, CRV, XRP, ETH
USA Trending Tokens: CRV, BALD, LEET, USTC
Australia Trending Tokens: XRP, NEXT, ADA, TRON, ETH
UK Trending Tokens: CRV, BALD, Optimism, NEXT, WLD, NXRA
c) Europe
Spain Trending Tokens: DOGE, NANO, PENDLE, DOT, IOTX, ADA
Italy Trending Tokens: ADA, BRISE, WLD
Germany Trending Tokens: DOGE, WLD
France Trending Tokens: GMX, EURO, BTC, CAKE, Axelar, CRV
Switzerland Trending Keywords: Crypto Bubbles, Crypto News
Poland Trending Tokens: BTC, XRP, PEPE
Turkey Trending Keywords: Crypto Fund Trader, BTC, Crypto Faucet, Crypto Bubbles

22.Google Trends Surge - Middle East, Latin America, Africa

Bitget Research: Curve's TVL Plummets Following the Exploit, Base Ecosystem BALD Skyrockets Hundredfold in a Single Day image 41
Bitget Research: Curve's TVL Plummets Following the Exploit, Base Ecosystem BALD Skyrockets Hundredfold in a Single Day image 42
a) Africa
South Africa Trending Keywords: Cryptocurrency, Coinmarketcap, Gala
b) Middle East
Trending Keywords: BTC, XRP, Crypto News
c) Latin America
Brazil Trending Tokens: SDAO, MATIC
Argentina Trending Tokens: WLD, BTC, SHIB, CAW
Mexico Trending Tokens: None

References

1. Dune Dashboard - Blockchain Profile: https://dune.com/bitgetresearch/bitgetreseach-chains-overview

2. Dune Dashboard - Gas Fee Consumption: https://dune.com/bitgetresearch/gas-overview

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