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

Share

Crypto Calendar

Token unlock
Starknet (STRK) will unlock 127 million tokens on September 15 at 8:00, worth approximately $15.73 million, accounting for 5.98% of the Circulating Supply.
STRK
-2.42%
2025-09-15
Token unlock
Sei (SEI) will unlock 55.56 million Tokens on September 15 at 20:00, worth approximately 18.42 million USD, accounting for 1.18% of the Circulating Supply.
SEI
-2.22%
2025-09-15
Tokens Unlock
Arbitrum will unlock 92,650,000 ARB tokens on September 16th, constituting approximately 2.03% of the currently circulating supply.
ARB
-4.33%
2025-09-15
Trend Finder Agent
"Trend Finder Agent use case goes live on lucyos.ai"
AGI
0.52%
2025-09-15
Breaking DePIN Physical AI UnConference in Zurich
IoTeX is scheduled to deliver a keynote at the Breaking DePIN Physical AI unConference in Zurich, on September 16. The presentation will outline technological methods for supplying authenticated real-time physical data to decentralized applications, highlighting recent developments aimed at improving data integrity and utility across emerging physical AI infrastructure.
IOTX
-2.99%
2025-09-15

Related Articles

Exploring 8 Major DEX Aggregators: Engines Driving Efficiency and Liquidity in the Crypto Market
Beginner

Exploring 8 Major DEX Aggregators: Engines Driving Efficiency and Liquidity in the Crypto Market

DEX aggregators integrate order data, price information, and liquidity pools from multiple decentralized exchanges, helping users find the optimal trading path in the shortest time. This article delves into 8 commonly used DEX aggregators, highlighting their unique features and routing algorithms.
10/21/2024, 11:44:22 AM
What Is Copy Trading And How To Use It?
Beginner

What Is Copy Trading And How To Use It?

Copy Trading, as the most profitable trading model, not only saves time but also effectively reduces losses and avoids man-made oversights.
11/10/2023, 7:15:23 AM
How to Do Your Own Research (DYOR)?
Beginner

How to Do Your Own Research (DYOR)?

"Research means that you don’t know, but are willing to find out." - Charles F. Kettering.
12/15/2022, 9:56:17 AM
What Is Technical Analysis?
Beginner

What Is Technical Analysis?

Learn from the past - To explore the law of price movements and the wealth code in the ever-changing market.
11/21/2022, 10:17:27 AM
What Is Fundamental Analysis?
Intermediate

What Is Fundamental Analysis?

Suitable indicators and tools combined with crypto news make up the best possible fundamental analysis for decision-making
8/12/2025, 10:42:08 AM
What Are Altcoins?
Beginner

What Are Altcoins?

An altcoin is also known as a Bitcoin Alternative or Alternative Cryptocoin, which refers to all cryptocurrencies other than Bitcoin. Most of the cryptocurrencies in the early stage were created through forking (copying Bitcoin codes).
11/21/2022, 8:49:07 AM
Start Now
Sign up and get a
$100
Voucher!