✍️ Hercules Weekly Digest - 20

Gm Gm Gm! Happy New Month! 🚀

Once again, we bring you all the latest major happenings in #Crypto, #DeFi, & on #$Metis over the past week!

Here are all the headlines! 👇

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💹 Global News Related to BTC/ETH:

🟠 #Bitcoin ETF had a net nagative flow of -$136.5 Million this past week.

🟠 #Ethereum ETF had a net positive flow of $466.5 Million this past week.

🟠 $BTC down 0.7% this week from last week’s close, and $ETH up 10.6%.

🟠 Russian President Putin signs law recognizing Bitcoin and crypto as property.

🟠 Rumble to use cash reserves to buy Bitcoin.

🟠 UK proposes to officially regulate cryptocurrency by 2026.

🟠 Cryptocurrencies to become legal again in Morocco

🟠 MetaMask users in the US can now buy crypto using Venmo.

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📰 News About L2s:

🟠 #IOTA EVM TVL increased the most over the past 7 days w/ an increase of 48.5% amongst the top 20 L2s. #Scroll TVL suffered the most, -13.1%.

🟠 #Base records 519% YoY growth rate in revenue amongst top L2s.

🟠 #Arbitrum announces $1 million funding for AI experimenters on Arbitrum

🟠 #Optimism and the L2s part of the superchain are responsible for 60% of blob fees collected and burnt last week.

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🌐 $Metis Ecosystem:
Top Highlights:

🟠 #$Metis records 109% YoY growth rate in revenue amongst top L2s - second only to #Base.

🟠 @MetisL2 partners with @Mathwallet

🟠 Hercules DEX records 3 consecutive weeks of high trading volume of average $30M+ per week - first time since launch.

🟠 Congratulations to @MathWallet, @MetisForgeDev, and @theJengagame for passing governance vote and becoming Community Verified Projects.

🟠 Hercules Winks is Live! Trade any token on Hercules Dex directly from X (twitter). Powered by @Winksdotfun

🟠 The #MetisVoyage is still ongoing and @rocketXexchange launched a racing game. Played ROX racing to earn BITS yet?

🟠 The new meme + utility project, @pumpe_meme partners up with @ENKIProtocol.

🟠 @Buzzweb3_ BEES claim is live until Dec. 3rd!

🟠 @ArtemisFinance partners with @Gm2Social

🟠 @DefiKingdoms launches ‘Patrol’ - PVE gameplay designed for entry level combat

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🗳️ Ecosystem Spaces / Governance:

💭 $Metis Morning Show - Ep. 3 w/ @VestaDAO, @L2Cobi
👉 https://t.co/GKflBuS9BB

💭 CEG AMA w/ @MetisForgeDev
👉 https://t.co/dBx4QhSnam

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👬 Hercules TOP Pool of the Week:

V3: WMETIS - m.USDC

Having a 7-Day volume of $15.4M
🌱 APR - 706%

V2: WMETIS - m.USDC

Having a 7-Day volume of $37k
🌱 APR - 103%

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Special Pool of the Week!

m.USDT - m.USDC v3
APR: 61%

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📖 Article of the week:

How to Add Liquidity to Hercules 👉 https://t.co/fLCTL7P4Oi
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And that’s all the major highlights for this week! Do well to follow and keep a tab as we build $Metis biggest DEX and bring you all the major cryptocurrency news weekly.

Happy weekend! 🌿