Gate Research: Monthly Review - August 2024

10/8/2024, 8:14:17 AM
Gate Research Monthly Review: The crypto market performed weakly in August. Bitcoin plummeted from $66,000 to $49,000, then rallied to $64,000 by month's end before pulling back. Global financial markets saw intense volatility due to macroeconomic factors, pushing BTC futures liquidations to a yearly peak. BTC and ETH ETFs both experienced net outflows, while blockchain network activity ramped up—notably, Aptos' trading volume skyrocketed. The DeFi sector weathered multiple security breaches, incurring losses over $5.28 million. On the funding front, 88 projects secured financing totaling $80 million, with CeFi and DeFi emerging as standout sectors.

Table of Contents

01 Market Overview














02 On-chain Metrics














03 Fundraising



04 Market Highlights






05 Security Incidents





REFERENCES


Gate Research Report Release: Monthly Market Review - August 2024

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Crypto Calendar

Project Updates
The online release time for the mini version of LABUBU from Pop Mart is 22:00 on August 28, and the offline release time is on August 29.
LABUBU
2025-08-28
Developer Bootcamp Camp Mamo
Celestia has opened registration for Camp Mamo, the ecosystem’s first hands-on developer bootcamp running from August 4 to 29. This four-week online program aims to equip developers with the foundational knowledge and practical skills to build on Celestia, preparing them for the upcoming global hackathon, Mammothon 2.
TIA
2.07%
2025-08-28
AMA
Delysium will host an AMA on August 29th.
AGI
0.52%
2025-08-28
AIDev Summit in Amsterdam
Nosana will participate at the AIDev Summit organised by The Linux Foundation, slated for Amsterdam, from August 28 to 29. The conference is expected to gather developers focused on building the open-source backbone for generative AI and machine-learning technologies.
NOS
-4.36%
2025-08-28
SHOUT! CBT
No additional information.
CROSS
2025-08-28

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