On-chain Data
Google Searches for Arbitrum Soar Amid Airdrop Announcement
The Arbitrum token will be airdropped to users next Thursday.

Ribbon Finance’s Native Token RBN Surges 19% Amid Options Platform Release
The token was trading at 25 cents ahead of the launch of Ribbon’s on-chain options exchange, Aevo.

Alameda-Linked Wallet Sent $100M of Stablecoins to Trading Firms After USDC Depeg
Three other wallets linked to FTX and Alameda sent $188.5 million in stablecoins to crypto exchanges on Tuesday.

Decentralized Exchanges Posted Record $25B Daily Volume as USDC Depegged
The majority of volume took place on Uniswap and Curve as traders hopped out of, and back into, the stablecoin.

Bitcoin, Ether Volatility Stuns Bears and Bulls Alike; Some Say Recent Price Action Driven by Bank Crisis
Some market observers say bitcoin’s recent price movements were largely driven by investors looking for alternative assets to park their funds amid a banking clampdown in the U.S.

Euler Finance to Offer $1M Reward as It Reels From Nearly $200M Exploit
Euler has sent multiple on-chain messages to the attacker in the past 48 hours.

Over $2B in USDC Stablecoin Burnt in Single Day, Data Shows
USD coin holders are not rushing back to the token just yet.

Decentralized Borrowing Protocol Liquity’s LQTY Token Soars Amid USDC Chaos
The price increase of LQTY comes amid heightened interest in stablecoins following the depegging of USD Coin and the shutdown of several crypto-friendly banks.

This DeFi Protocol Just Got Hacked but Its Token Is Still Doing Better Than a Major U.S. Bank's
Euler's EUL token fell 50% hours after an exploit on its protocol while First Republic shares fell roughly 62% following U.S. bank turmoil.

Burning USDC and Minting DAI Prove to Be Popular On-Chain Activities Amid SVB Collapse
Circle’s USDC stablecoin had nearly $3 billion in net redemptions since Friday, while the total supply of DAI increased by 1.2 billion tokens over the same time period.
