What I Read this WeeK, Tokenization, Uniswap, Jupiter, Frontends..

Chandan | web3 Research
2 min readMay 19, 2024

Museums should become custodians tokenizing art on chain and share revenue with art holders on chain.

Huge opportunity here:

Ep 9: Tokenizing Luxury Assets on the Blockchain (youtube.com)

A few dominate the market:

  • Ethereum + Solana + Tron + BSC: >82% market share.
  • UniSwap + PancakeSwap + Orca: >70% market share.
  • Chainlink + Chronicle + WINkLink: >75% market share.
  • Lido: >70% market share.
  • Aave + JustLend: >70% market share.
  • WBTC + JustCryptos: >70% market share.

Never underestimate First-Mover Advantage + Network Effects + Mindshare.

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Uniswap’s Multichain Expansion Is Ethereum-Aligned | Token Terminal

Looking at all the new listing of the past 6 months on the largest CEX, Binance, we note that >80% of tokens are down from their listing date.

https://x.com/tradetheflow_/status/1791382914447573218

Running multiple experiments all at once on Ethereum.

https://twitter.com/eawosikaa/status/1784755769566466322?t=wimUhElk8U8ZMw_ekUGoPA&s=19

Jupiter is the frontend of Solana, What’s stopping them from becoming the ever thing app of Solana.

Although Uniswap FE charges a fee, its frontend usage has only increased. In the end, FE will capture all the value because users are generally too reluctant to switch to other frontends, even if they charge a fee.

Ace Amura — New Ad Film 2024 (alt opening) (youtube.com)

Most of the Tokenized US Treasuries & commodities are on Ethereum, This institution knows and cares about Regulations more than we do.

Ethereum will be the second to get an ETF.

https://x.com/chandan1_/status/1791449538940772523

See you next week.

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Chandan | web3 Research
Chandan | web3 Research

Written by Chandan | web3 Research

Researching the frontier through on-chain data in Layer 1/2s, DeFi, and modular ecosystems.

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