The Base network is experiencing resilient flows despite market volatility, with several key indicators showing positive trends. The health of token generation events (TGE) is strong, with a 24-hour decentralized exchange (DEX) volume to market cap ratio exceeding 0.8, and the top 10 holders controlling less than 35% of tokens. Additionally, trade slippage for transactions under $5,000 remains below 2%.
Liquidity metrics are also favorable, with net liquidity provider (LP) additions outpacing removals, and a positive cumulative volume delta (CVD) in three out of four hours. Stablecoin bridge inflows are surpassing outflows, indicating robust liquidity movement. On the derivatives front, traders on LeverageX are advised to fade Pyth versus centralized exchange (CEX) deviations greater than 0.30% for Ethereum and Solana, and over 0.60% for smaller cap assets, using leverage between 5x and 10x.
Base Network Sees Resilient Flows Amid Market Volatility
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