KEYTAKEAWAYS
- Unichain TVL Soars to $71 Million
- Bitget Derivatives Market Share Rises to 13.25%
- Web3 Social App Towns Exceeds 400,000 Total Users, Over 200,000 Points Holders
CONTENT
Welcome to CoinRank Daily Data Report. In this column series, CoinRank will provide important daily cryptocurrency data news, allowing readers to quickly understand the latest developments in the cryptocurrency market.
UNICHAIN TVL SOARS TO $71 MILLION
According to Uniswap Foundation data, Unichain TVL has soared to over $71 million, whereas previously Unichain TVL was less than $1 million. The USDC/USDT0 Pool has reached $44 million.
Currently, the daily rewards for the 12 Unichain Pools total approximately $330,000 worth of UNI, with the USDC/USDT0 Pool receiving daily rewards of 7.784k UNI (worth approximately $40,600).
Analysis:
Unichain TVL’s rapid growth is primarily due to the two-week UNI liquidity incentive program provided by Gauntlet. High yields have attracted large amounts of capital, especially to stablecoin trading pairs, indicating strong market demand for low-risk returns. Whether this incentive-driven growth can be sustained remains to be seen.
BITGET DERIVATIVES MARKET SHARE RISES TO 13.25%
BlockBeats News, April 16: According to CoinDesk’s latest March trading platform report, Binance ranks first in global derivatives trading volume with a market share of 39.66%. Bitget’s market share has increased to 13.25%, up 3% compared to the fourth quarter of 2024, ranking fourth among global centralized trading platforms.
Analysis:
Bitget’s 3% quarterly growth significantly outperforms the industry average, potentially benefiting from its innovative product matrix (such as copy trading) and emerging market expansion strategy. Although Binance still dominates the market with a 39.66% share, the rapid rise of second-tier exchanges like Bitget indicates that the competitive landscape in the derivatives sector is diversifying.
WEB3 SOCIAL APP TOWNS EXCEEDS 400,000 TOTAL USERS, OVER 200,000 POINTS HOLDERS
According to LayerHub data, Web3 social application Towns has reached 401,351 total users, with points holders reaching 200,133. It’s understood that the Web3 social application has announced Towns will hold its TGE (Token Generation Event) in Q2, with an initial airdrop ratio of 10%.
Analysis:
With points holders accounting for 50% of Towns users (over 200,000), the platform demonstrates strong user stickiness and community engagement. Towns has established initial social network effects, and if it can continue to incentivize user creation and interaction through token economics, it has the potential to secure a first-mover advantage in the Web3 social sector. However, retention rate remains a key challenge for social applications.
▶ Buy Crypto at Bitget
CoinRank x Bitget – Sign up & Trade to get $20!
