Analysis of the current situation of various public chains: Arbitrum, ETH, Polygon zkEVM…

Analysis of public chains: Arbitrum, ETH, Polygon zkEVM...

It will be difficult to make decisions in the cryptocurrency market without a clear understanding of the status of each public chain. Liquidity tends to be more concentrated in areas that people pay attention to, while other areas will become like deserts – dry and difficult to survive in. Cryptocurrency researcher Tindorr took stock of the current situation of several major public chains and provided an introduction on how to track the status of these chains.

1) Arbitrum: Arb’s liquidity has been stagnant, with trading fees and LP APR for major assets (such as ETH/USDC/ARB) relatively low on top-tier DEXs. Most protocols are quiet, with GLP’s yield dropping to 5% APR. But there is still an oasis in the desert, with positive capital inflows to protocols like $MUX $JOE $GND $PENDLE; 2) ETH: TVL on the ETH chain has not decreased, with Lybra Finance now leading the LSD narrative. New projects like asymetrix.eth, Gravita Protocol, and Swell are also worth watching; 3) Polygon zkEVM: Still ranked 52nd, it is worth monitoring the growth on the chain, with Sandeep hinting at an upcoming airdrop; 4) zkSync, Sui, Sei: I feel there are still builders here, but the attention is not focused on this area. For me, Sui is dead, Sei’s narrative seems distant, and zkSync is still doing airdrops for trades; 5) Mantle: I have a feeling about Mantle that is different from other L1 and L2s. People are just trying to speculate about an airdrop, but I think its panorama and ecosystem are different from other places and worth following up on.

Reference: https://twitter.com/0xTindorr/status/1662196143869280261

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