Adamam

the trenches looking good here

Trading bots volumes saw a BIG spike over the weekend.

Perp DEXs volumes are surprisingly resilient post 10/10.
They keep eating more and more CEX volume every month.
- DEX vs. CEX perp volume is at 20% so far this month.

PUMP has surpassed $200M in token buybacks.

Lighter (@Lighter_xyz) have been doing more volume than Hyperliquid for SEVEN straight weeks

The rate of new crypto tokens being launched dropped last month.
“only” 2.9M tokens created in November.

I fear no man, but that... thing... it scares me.

If you want to trade prediction markets when most users are active, it's 6 AM – 3 PM UTC.
Active users peak around 8 AM UTC.

This has been the worst altcoin cycle ever.
Stablecoin supply is at an ATH. Yet, when you exclude BTC and stablecoins from the total crypto market cap, we didn't even make it past the '21 highs.
This explains why CT is so bearish, without stablecoins we've RETRACED past cycles.

Believe in something.

Launchpad volume broke hit a new low last week.
Down -78% YTD

A basket of top 10 memecoins is down 84% from their peaks.
PS5 is only 18% off this year.
The best Black Friday deals are on Solana!

At current prices, Monad distributed ~$145M USD to its community.
That's an average of ~ $1,900 per recipient.

Axiom launched AFTER the peak trench season and has generated $333M in fees over 9 months.
You can only imagine what they would have made if they were around for peak memecoin era.