Ryan Watkins, Discover and Read the Best of Twitter Threads by @RyanWatkins_

Ryan Watkins

RyanWatkins_

DEX volumes reached over $217 billion in Q1 2021.This is up 236% from Q4 2020, and a whopping 8,012% from Q1 2020. Uniswap continued to lead the way as volumes

Price action will cause people to believe anything.I don’t care how high BNB or CAKE go, it won’t change that they’re still copycats.It’s one thing to view these assets as

Ethereum now transacts two times more value than Bitcoin daily.This is what a cryptoeconomy looks like when it starts to find product-market fit.1/ There are two key developments over the

DeFi moves fast. Yearn moves faster.As if launching a $1bn asset management platform in 8 weeks wasn’t enough, Yearn is now entering new markets rapidly.The latest being AMMs, lending, and

Grayscale buys way less #Bitcoin than many would think.Factoring in "in-kind" purchases, Grayscale has only bought 31% of all new bitcoins mined since the halving, far less than the

ERC-20 tokens are approaching 50% of the total value stored on Ethereum. Over the past two years there has been a complete transformation in how value is stored and transferred

Value transfer on Ethereum just reached parity with Bitcoin.This is a story of the explosion of stablecoins in Q1 2020.1/ Q1 2020 was stablecoins’ best quarter ever. Driven by a

Weekly Brrrrrr report.The Federal Reserve has now added nearly $2 trillion to its balance sheet in response to the coronavirus. That's 9% of US GDP.Fed balance sheet now over $6