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.
the line between tourists and believers has never been more apparent. goodbye to the casino-scarred doomslurpers. the adults must carry on without you.
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.