Coingecko Annual Report: Public Channel, NFT Burst, Metaverse Rise

Hello everyone,

As mentioned in the previous article, we will soon share the Coingecko annual report. I don't know how many people have read these announcements, but there is still a lot of information floating around.

Our annual report is almost always ready and will be published next week.

Coingecko quarterly/annual reports are always very macro and while it may seem very easy to some, in the industry as a whole it gives a lot of thought to understand all the changes in the industry.

All points for 2021

By 2021, the market value of all industries will close at $2 trillion, the highest industry market value will exceed $3 trillion, and Bitcoin's market value will be less than 40% at the end of the year.

Public Chains (Ethereum and Ethereum Competitors) Increase Most MEME Coins

DeFi TVL continues to grow and has more public channel rights with little support for DeFi.

In the second half of the year, NFT broke out and Axie games boomed, with NFT's total annual revenue reaching $24 billion.

After Facebook changed the name to meta, the old world, the concept of Web3 emerged, and NFT-based GameFi and SocialFi content continued.

Nasdaq-listed Coinbase, US-listed Bitcoin Futures ETF, El Salvador recognizes Bitcoin as fiat currency

big budget

Solana Soars, Entering Top 5, Top 150 times

DOGE SHIB, representing MEME, flies away

There are hundreds of parts: LUNA, SHIB, MATIC, FTM, AXS

Only BNB, CRO and OKB are still in the top 30 of the coin exchange

Retail ETH sales jumped from 10% to 22%.

stablecoins

The top five fixed coins will have a market capitalization of $127 billion in 2021, up 469%.

USDT is still the first and its volume is higher than the last four figures.

UST is growing rapidly and shrinking the space for DAI.

MIM FRAX is more than 100 million dollars.

big event

hacker attacks security situations

The impact will reach $14 billion in 2021.

The biggest hack was the 600 million Poly Network, the biggest virus was the Compound Gift vault, which affected $147 million financially, Polygon almost GG because of the bug, and finally 800,000 MATI was stolen.

bitcoins

62% annual return on Bitcoin

Listed companies continue to buy bitcoin, El Salvador accepts bitcoin as fiat, Chinese government bans mining assets, miners migrate and upgrade bitcoin faucet base

Bitcoin is a first-class commodity, after oil and the S&P 500 and Nasdaq.

Bitcoin's market capitalization will exceed Meta (Facebook), half of Amazon, almost half of Google, a third of Apple and 7% of gold.

Public companies hold 1.14% of Bitcoin.

ethereal

ETH four times a year, $4815 ATH

Two major changes: EIP-1559 and Beacon Chain Altair

The hard rocker, The Merge, will be released in the middle of this year, PoW is not shabby, and the sharding chain will be released in 2023.

Since EIP-1559, an average of 6.16 ETH per minute has been burned, some deflationary and expensive in general, but the number of new ETH has dropped.

The most common ETH applications are OpenSea, ETH Switch, Uniswap V2, USDT Switch, Uniswap V3, Metamask, USDC Switch, Axie.

The average annual price is 105 Gwei, and the change since 1559 is actually smaller than before.

The number of ETH 2.0 holdings tripled to a total of 8.84 million ETH.

Other public services

Over time, many chains arrive.

Inexpensive, fast and financially favorable are the main reasons for other chains.

DeFi Analysis

The total cost of the DeFi project doubled to 6.5 times, with a market share ratio of 6.5%.

Ethereum is falling and BSC, Terra, AVAX, Polygon, Solana, FTM are growing the most

NFT

NFT packaging industry grew in the second half, OpenC is first to market

Total packaging industry for the year grew by $24 billion

The NFT industry is still in Ethereum, Ronin has a lot of packaging industry thanks to Axie, and other chains don't have much NFT packaging.

Tags: cryptopunk, BAYC, beeple

Big NFT Event

cash

The average monthly turnover of the whole company is about $1.9 trillion, and the exchange share has increased to 10%, and the monthly market share is the highest in May of this year.

In landscape races, Binance took the lead with less than half the market share at the start of the year and more than half the market share in the second and third quarters. . Due to international regulations and other exchanges, the market share usually reaches 40%.

Huobi will reach a full and close market share of 20% last year, stable only 7% (place), OK 13%-14%

Crypto.com is the biggest dark horse.

Uniswap, Sushi, is still #1 on the DEX, and Trader Jeo has grown rapidly. Total DEX volume in the fourth quarter increased by 67%.

In terms of Bitcoin perpetual bond trading, Binance has accounted for more than half of the market share since May.

The biggest loss remains Huobi, from 16% to 4%.

Kucoin and FTX rose the most with 207% and 42% respectively.

According to Open Interest, Binance ranked 1st, FTX 2nd, Bybit 3rd (since last year), Huobi almost disappeared, OK remained stable, Kucoin continued and BitMEX fell by half.