Akatsuki Liquidity

Anyone want a bigger quota for the next Pre-Access? 🙋 Better yet: your bStocks memes can get you a higher tier. Yes, really. Trade @bstocksfinance and your tier can go up. Holding, LP & staking count too.

After four straight quarters of decline, spot DEX volume on @BNBCHAIN rose 28% in Q3 to $75.7B. The composition of that rebound matters more than its size. > Tokenised-asset pairs went from 0.2% of spot DEX volume to 32.3% > Tokenised-equity trading reached roughly $25.6B for the quarter, about 11x Q2’s $2.4B, and $24.4B of it cleared on DEXs > Stablecoin swaps grew 31% to $9.6B while stablecoin supply dipped > Non-stablecoin RWA supply rose 24% to $4.96B, with tokenised equities at $1.13B, the most of any chain. @PancakeSwap still took 56.7% of all of that spot volume. If you’re bullish that BNB volumes return alongside the wider market, and that stablecoins and tokenised assets keep taking a larger share of what trades on-chain, I see $CAKE as the most direct proxy of both. We have seen this setup before during the 2021 BNB season, where $CAKE ran from $0.62 to an all-time high of ~$44 on 30 April, the same month BNB first broke $600. Volume on the chain had one dominant venue, and the venue’s token carried the move. (Data: @Blockworks)

SEND IT, BANGKOK 🥞🇹🇭 We’re heading to #BinanceBlockchainWeek, 28–29 Nov. LET’S GOOOO 🔥 And we’re bringing something big we’ve been cooking behind closed doors. Bangkok gets the first look 👀 Any guesses? 👇

checking if alt season is here 10,000 times

Top 10 Tokenholder Yield: $HYPE, $LIT, $CAKE, $AERO, $UNI, $RAY, $PENDLE, $AAVE, $JUP, $CRV Top 10 Adjusted Earnings Yield: $CAKE, $LIT, $HYPE, $RAY, $AAVE, $JUP, $SKY, $UNI, $AERO, $PENDLE Crypto valuations don’t have to rely on narratives alone. Many crypto assets can be valued on their cash flows, earnings, and capital returned to tokenholders. Read more on The Stack: grayscale.com/the-stack/brin…

Most projects should at least post a confirmation like this.

$1,000,000,000 served 🥞 PancakeSwap Aggregator just crossed $1B in routed volume over the last 30 days. Thank you to every partner across the ecosystem who built with us. Next stop: $2B. Who’s coming?