About this week

The dormant market is starting to recover! Several major events happened in the market this week. A new round of AI board hype was triggered by the official release of GPT-4. DeFi’s fever has also remained unabated, influenced by the news of the launch of the Arbitrum governance token ($ARB). Both Arbitrum and Optimism on-chain DEX performed well this week. $ZYB price rose as much as 115% that day, and other rising projects were not limited to trading and pledging, but also expanded to Launchpad, NFT, games and many other sectors. Although USDC off-anchor Silicon Valley Bank collapsed over the weekend, Bitcoin’s 24-hour performance on Monday rallied 16.64%, pushing bullish market sentiments for everyone.

In the past week, a total of 39 new projects were added to our online database. The chart below shows the top performing projects in the past week and reflects the overall increase in the recent week.

The Bitget Wallet (Previously BitKeep) Institute continually searches for promising projects and showcases trending statistics to allow all Bitget Wallet (Previously BitKeep)ers to best capitalize on the hottest market trends. All projects mentioned in this article can be traded on the Bitget Wallet (Previously BitKeep) wallet.


Velodrome Finance($VELO)

Velodrome Finance is the trading and liquidity platform on Optimism. Velodrome DEX is now the largest protocol on Optimism with a TVL of over $300 million and is also ranked number one in Total Value Locked (TVL), firmly occupying the top spot.
$VELO is up 51.06% in the last 24 hours, with $11.55 million in on-chain transactions and 24,673 on-chain transactions registered – a remarkably high level of activity.
Okex will list $VELO at 4:00 pm on March 17th, and it is expected to be listed on Binance later.


Synthetix is a decentralized liquidity layer based on Ethereum and Optimism, providing liquidity support for a number of DeFi protocols.
Due to Synthetix’s support of robust liquidity and derivatives, numerous DeFi protocols have been built on top of Synthetix: Kwenta, Lyra, Decentrex, Polynomial, dHEDGE / Toros Finance, and Curve/1inch, with many more protocols underway as well.
Synthetix hit an all-time high just a few days ago, reaching about 143 million daily transactions and generating about 110k in fees to snx stakers, causing $SNX price to rally 34.5% on the day. As the OP chain gains traction, it is predicted that $SNX will continue to rally further.

Kwenta ($KWENTA)

Kwenta, a synthetix-based derivative DEX, benefited from the news of synthetix V3 version stimulation, leading to a 10.7% price rally of $KWENTA.
The Optimism chain accounts for more than 50% of USDC, and this week’s UDSC risk release has led to an oversold rebound and price recovery for trending projects on the OP ecosystem.
In the case of declining market liquidity, DEXes with the concept of “zero slippage” will be more popular, coupled with the improvement of the Kwenta mechanism. Data performance drives this rise, and we can expect great potential for Kwenta.



Zyberswap is one of the first decentralized exchanges (DEX) to have an automated market maker (AMM) on the Arbitrum blockchain.
The Arbitrum Foundation announced that its Token $ARB would be airdropped to community members on March 23rd, and $ZYB rose sharply, bolstered by the Arbitrum coin offering and possible eco-token support later.
Zyberswap then announced that it would distribute the $ARB airdrop gained from the agreement to the community. Users who deposit $ZYB in the 90-day vault will be rewarded with both $ZYB and $ARB. Spurred on by this news, $ZYB doubled in value.
In addition, Zyberswap integrated with Gamma, a liquidity management protocol, which will provide liquidity management for both ZYB/ETH and USDT/ETH pools on Zyberswap V3.


Camelot is an ecosystem-centric and community-driven DEX based on Arbitrum, and is the native Dex on Arbitrum with the highest funding attention. $GRAIL is Camelot’s native token, which can be earned as a yield reward for incentivized staking positions.
With the new addition of Perpy, xGRAIL holders can enjoy a whitelist quota of 1.5 million US dollars, and continue to cooperate with Arbitrum ecological projects and establish liquidity pools.
The current price of $GRAIL has broken through the upper ceiling of the previous oscillation range and is listed on many exchanges such as MEXC, Firecoin, Kucoin and Gate.


CryptoGPT ($GPT) Keyword:BNB+AI

CryptoGPT is a ZK Layer-2 blockchain for AI development. Following the release of GPT-4, Copilot and Wenyin Yixin have been released by Microsoft and Baidu respectively. This caused intense and widespread discussion in the market, invigorating the AI sector once again.
DZOO, the founder project of DAOMaker, was launched, and its price has increased by more than 10 times. As GPT is also a DAOMaker IDO project, and coupled with the high sentiment in the AI sector, $GPT has risen by over 35% in the past 24 hours. The RSI index looks good with a high trading volume, and it is predicted that this trend will break through the previous high.
$GPT will soon be listed on Bitfinex, PancakeSwap, Bybit, Gate, Uniswap, MEXC, Bitget and other exchanges for trading.

Games For A Living($GFAL) Keyword:BNB+Gamefi

$GFAL is Games for a Living’s utility token on the BNB chain, which has revolutionized the Web3 gaming industry through an innovative approach via solving the problems of the current business model. $GFAL recently made an IDO at Seedify, with good participation and good traffic resources. $GFAL will soon be available on Bitmart and PancakeSwap.

Liquity($LQTY) Keyword:Ethereum+DEX

Liquity is a lending and stablecoin issuance platform. Liquity has two native assets: a stablecoin $LUSD pegged to the US dollar, and a utility governance pass-through $LQTY.
After the USDC fiasco, the market also started to dig for alternatives to USDC. $LQTY’s stablecoin $LUSD generates yield for token holders, and $LUSD continues to perform well in terms of anchoring and remained decentralized and unregulated even during the stablecoin volatility over the weekend.
$LUSD became the 10th largest stablecoin issuer, with issuance figures increasing all the time, continuing to reap the market share of BUSD and USDC.
With the skyrocketing price of $MKR, $LQTY followed the sector and rallied by more than 30%, and the trading volume increased by 1.5 times. There is still a large room for speculation about decentralized stablecoins.


This week, the Arbitrum Foundation announced its Token $ARB and airdropped it to community members on March 23. Benefiting from Arbitrum governance token ($ARB) launch and possible ecological token support in the future, the Arbitrum concept showed a general rise, and its head DEX Zyber token doubled in price that day. Bitget Wallet (Previously BitKeep) will continue to share the latest information and updates with all Bitget Wallet (Previously BitKeep)ers.

Join Bitget Wallet (Previously BitKeep) English Official Telegram Group for more information: https://t.me/Bitkeep_New

Risk warning: Digital currency is a high-risk investment method. Investors are advised to purchase cautiously and pay attention to investment risks. Bitget Wallet (Previously BitKeep) will select high-quality currencies, but does not undertake guarantee, compensation and other responsibilities for investment behavior. Digital asset contract trading is an innovative product with high risks and strong professionalism. Please judge your investment ability rationally and make investment decisions prudently.

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