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- Signal21 Charts of the Week | March 22, 2024
Signal21 Charts of the Week | March 22, 2024
Weekly roundup of key Bitcoin layers analytics
Jonathan Sadlowe
March 22, 2024
Hello!
It’s been an exciting week in the Bitcoin Economy!
Here’s a quick roundup of noteworthy Bitcoin DeFi analytics.
Charts of the Week
Stacks
Snapshot of key Stacks ecosystem tokens:
Fungible token events on Stacks have exploded in March, as memecoins continue to proliferate, and activity across core Stacks DeFi tokens (STX, ALEX, DIKO, USDA, stSTX, aBTC, xBTC) continue to increase.
Synthetic BTC supply on Stacks reached an all-time-high this week with xBTC reaching 169.8 and aBTC growing to 149.9, respectively.
StackingDAO
StackingDAO hit a major milestone of $100M+ TVL! 👏
An incredible milestone achieved 🚀
Stacking DAO TVL soars past $100 Million!
Looks like the Stacks community keeps embracing liquid stacking.
— Stacking DAO (@StackingDao)
4:00 PM • Mar 21, 2024
At the time of this writing, StackingDAO now has 31,116,999 STX on the platform, for a TVL of $110,465,346.
Arkadiko
Arkadiko had a MASSIVE week, including:
Launch of Arkadiko 2.0 👏
New token listing on MEXC 🚀
Integration into Stacking 🤝
🚨 All systems GO!
Our core contributors have been hard at work to make the Arkadiko 2.0 migration as smooth as possible for you.
All contracts are deployed and operational!
👉👉 Arkadiko 2.0 UI will go live tomorrow, March 20th, at 10am UTC on app.arkadiko.finance 👈👈
— Arkadiko Protocol 🟧 (@ArkadikoFinance)
6:45 PM • Mar 19, 2024
We're thrilled to announce that the @ArkadikoFinance Kickstarter has concluded and $DIKO will be listed on #MEXC!
🔹Deposit: Opened
🔹DIKO/USDT Trading: 2024-03-21 11:00 (UTC)Details:
— MEXC_EN 🌎 (@MEXC_EN)
9:11 AM • Mar 21, 2024
The @StackingDao x @ArkadikoFinance integration brings new rewards!
stSTX holders can now enjoy a boost of 1.5 points each day per stSTX deposited into Arkadiko!
Furthermore, this stSTX utility unlocks new DeFi yield on top of Stacking rewards.
— Stacking DAO (@StackingDao)
1:00 PM • Mar 21, 2024
ALEX
ALEX has achieved an all-time-high for monthly active users—currently at 13,292 for the month of March and climbing. Read Signal21’s guest article in the OurNetwork newsletter for a deeper dive on ALEX’s exceptional growth.
Signal21 Product Update
It’s been a busy week at Signal21. We have integrated complete TVL data for Stacks and key Stack projects. Next week we will be working hard to start rolling out Bitcoin L1 data, including Ordinals.
Thanks for being part of the Signal21 Community!
Sincerely,
Jonathan Sadlowe
Co-founder & CEO at Signal21