ChainCatcher news, Bitwise CEO Hunter Horsley posted on X: "Meme coins will exist for a long time. They are not Bitcoin.So what are they? As an analogy, what is a signed baseball? What is the merchandise of your favorite band? What is your 'Harvard' branded cap? What are limited edition gold coins? They are culturally rich collectibles.In terms of meme coins: they are tokenized, creating a global market of liquidity. They are not Bitcoin or crypto assets, but something else. And they will exist for a long time."

ChainCatcher news, according to Cointelegraph, the Bank for International Settlements (BIS) has released a research report analyzing the liquidity provision situation of the decentralized exchange (DEX) Uniswap v3.The report points out that, despite being technically decentralized, the liquidity market is still dominated by a few large participants, making it difficult for retail liquidity providers (LPs) to compete with institutions.These big players hold about 80% of the total locked value, focusing on liquidity pools with high trading volumes and low volatility. The research also found that retail LPs have relatively low trading fee earnings and investment returns, and they often incur losses on a risk-adjusted basis. BIS believes that this institution-dominated phenomenon challenges the decentralized financial system concept of DEX.

ChainCatcher news, according to official sources, the Blast liquidity market Fenix Finance has completed a $300,000 seed round financing, led by Orbs. It is reported that this seed funding will be used to build Fenix's unified trading and liquidity market on the Blast network.Orbs' investment will strengthen its existing support for Fenix as a technology partner. Fenix has confirmed that it will immediately deploy the Fenix Liquidity Hub powered by Orbs L3. This will allow Blast users to execute token swaps at the best prices by combining on-chain and off-chain liquidity.

ChainCatcher news, according to official sources, the BNB Chain ecological liquidity market THENA has received a strategic investment of $600,000 from Orbs Network.THENA stated that this investment is a recognition of THENA's vision and potential, perfectly aligning with its goal of collaborating with like-minded builders and innovators. THENA's focus on product innovation will transform the DEX landscape on the BNB Chain.

ChainCatcher message, according to a proposal posted on the Maker governance forum, MakerDAO community participants proposed the creation of a liquidity market called Spark Protocol for lending crypto assets. The proposed Spark Protocol will utilize MakerDAO's DAI stablecoin and its crypto assets to gain liquidity, and will be based on an upgraded smart contract system of the lending protocol Aave.The first product planned for launch is Spark Lend, which will allow users to borrow DAI at a set savings rate, currently at 1%. According to the proposal, Spark Lend will support highly liquid decentralized assets as collateral, such as ETH, DAI, and wrapped derivatives of staked ETH (wstETH) and BTC (wBTC). Future features will include periodic yield products and synthetic liquid staking derivatives (LSD) EtherDAI that include Maker's own. Spark plans to launch in April, opening a DAI loan vault on Maker with a debt ceiling of $200 million.Spark will use the Aave v3 smart contract system, and its development team, Phoenix Labs, plans to return 10% of the profits generated from the DAI market of the Spark Protocol to Aave DAO over the next two years. (source link)