According to @DefiLlama, Hyperliquid, a decentralized derivatives exchange, has experienced a notable increase in trading volume and open interest over the past month, driven by growing demand for perpetual contracts and advanced trading tools. The platform's daily trading volume exceeded $2 billion on multiple days in June 2024, positioning it among the top decentralized exchanges by volume. This surge in activity reflects a broader trend of traders shifting from centralized to decentralized platforms following recent regulatory uncertainties affecting major exchanges like Binance and OKX. For traders, Hyperliquid's rising liquidity and competitive fee structure provide new opportunities for executing large trades with minimal slippage, especially for assets like BTC and ETH. Source: DefiLlama, June 2024.

According to @DefiLlama, over $24 billion is currently borrowed through onchain lending protocols, marking the highest level in nearly three years and continuing to rise. This surge in DeFi lending activity is driving increased trading volumes and liquidity across major cryptocurrencies like ETH and BTC. Traders are closely watching onchain metrics for potential volatility and new opportunities, as elevated borrowing often signals heightened leverage and market activity. Source: DefiLlama.

According to Cas Abbé, five free crypto websites—DeFiLlama, among others—provide essential analytics such as total value locked (TVL), decentralized exchange (DEX) volume, and active protocol statistics, which are crucial for making informed trading decisions. These resources enable investors to track real-time on-chain data, monitor DeFi trends, and analyze liquidity flows, supporting more accurate market timing and risk management strategies. For crypto traders, leveraging these platforms can lead to improved portfolio performance and a competitive edge in volatile markets (Source: Cas Abbé via Twitter, June 4, 2025).

According to @EmberCN on Twitter, pump.fun transferred 156,000 SOL (worth $25.71 million) in accumulated fee revenue to Kraken half an hour ago. DefiLlama data shows pump.fun has been generating around $1.3 million in daily fee income recently, aligning with the 19-day accumulation period before this transfer. Historically, pump.fun consolidates one to two weeks of SOL fees before moving them to exchanges. This large transfer could signal increased sell pressure or liquidity movement for Solana, making it a critical event for crypto traders to monitor (Source: @EmberCN, DefiLlama).

According to Miles Deutscher, an effective trading strategy involves extracting key metrics such as Total Value Locked (TVL), Fully Diluted Valuation (FDV), and the FDV/TVL ratio from DeFiLlama, then leveraging ChatGPT to analyze and interpret these statistics for actionable insights. Traders are advised to create a watchlist of promising protocols and monitor on-chain flows for early trend detection. Further due diligence is conducted using advanced AI tools like GPT or Grok, while GPT is also utilized for optimizing profit-taking and risk management decisions. This systematic approach, as outlined by @milesdeutscher, aims to enhance trading outcomes and risk control in the volatile crypto market (source: Miles Deutscher on Twitter, May 20, 2025).

According to AltcoinGordon, DeFiLlama reports that the total value locked (TVL) in real-world assets (RWA) has exceeded $10 billion. This milestone indicates significant growth in the RWA sector, suggesting increased investor confidence in tokenized real-world assets. Traders might consider exploring RWAs such as tokenized real estate, commodities, and other tangible assets for diversification and potential yield opportunities. The growth in TVL could influence market dynamics, impacting both traditional and digital asset strategies.

According to @Dune, they offer a platform for users to query and analyze blockchain data, which is crucial for traders needing real-time insights. @ICODrops provides a detailed calendar of ICOs and IEOs, enabling traders to track investment opportunities. Meanwhile, @DefiLlama offers analytics on DeFi, assisting traders in evaluating risk and potential ROI in the decentralized finance space.

According to Cas Abbé, traders can identify undervalued cryptocurrency tokens by evaluating their Market Capitalization to Total Value Locked (MCap/TVL) ratio using data from platforms like DeFiLlama. An MCap/TVL ratio lower than peers might suggest undervaluation. Additionally, analyzing the Relative Strength Index (RSI) on daily and weekly charts, particularly if under 35, can indicate potential undervaluation. Comparing a token’s network growth against its market capitalization, where faster network growth suggests a potentially good buy, is also crucial. Finally, assessing the token in context with similar tokens can provide further insight. These methods are based on concrete metrics and can guide traders in making informed decisions.

According to ZachXBT, a decentralized finance platform, which functions as a Compound fork, has only $287,000 in total value locked (TVL) as reported by Defillama. The platform has experienced two security exploits in the past 1.5 years, highlighting potential risks for traders and investors.

According to @OnchainDataNerd, Pyth Network is an oracle that has garnered contributions from 111 data providers, offers over 530 price feeds, operates on more than 74 blockchains, and secures $8.7 billion on-chain. It has also achieved the top spot in actual traded volume over the past seven days, as reported by DefiLlama.

According to Justin Sun, he acknowledges the importance of three major crypto analytics platforms: Token Terminal, DefiLlama, and Nansen. These platforms provide valuable insights and data for the cryptocurrency market, which can be critical for traders looking to make informed decisions.

According to @_RichardTeng, Binance recorded a net inflow of US$1.2 billion in the past 24 hours, as reported by @DefiLlama's CEX Transparency metrics. This significant inflow occurred despite the recent market downturn and challenging macroeconomic climate, marking one of the highest net inflow days of 2024. This indicates strong investor confidence in Binance.