Arrakis Finance

**Coinbase's DEX routing beta is reshaping retail flow distribution** Since launch, Coinbase has onboarded **5% of users** to Base's DeFi ecosystem, routing $210k daily across 720 transactions. **Key metrics:** - 2,654 unique onchain markets vs 458 on Coinbase CEX - Uniswap leads with 40% share, followed by Aerodrome (25%) and PancakeSwap (25%) - Token mix includes memecoins, creator tokens, and Base-native experiments **Why it matters:** - AMMs handle long-tail assets CEX order books can't support - Yield-bearing stables exist only onchain, making Base a natural liquidity hub - Coinbase Borrow processes $30M weekly, aggregating DeFi credit primitives **The bigger picture:** Base is becoming Coinbase's execution and liquidity layer, creating a blueprint for CeFi-DeFi convergence into unified market structure.

**$COOKIE/USDT** is now trading on PancakeSwap Infinity on BNB Chain with deep liquidity powered by Arrakis Pro. **Cookie.fun** operates as an AI-powered data platform that indexes cryptocurrency information across all verticals, positioning itself in the emerging "InfoFi" sector. Key features: - **$COOKIE token** powers Cookie DAO governance - Represents the **value of data in Web3** - Used as medium of exchange for information access - Rewards ecosystem contributors and stakers **Arrakis Pro** provides the liquidity management infrastructure, trusted by major DeFi protocols like Ether.fi and Stargate Finance. The platform offers four core strategies: Bootstrap, Flagship, Treasury Diversification, and Customized approaches. This launch expands Cookie's presence beyond its existing WETH pair on Aerodrome, bringing the data-focused token to BNB Chain users.

Towns Protocol has launched its native token $TOWNS on the Base network, marking a significant development in blockchain communication infrastructure. Key features: - Programmable and encrypted messaging protocol - Built on Layer 2 technology - DAO-governed infrastructure - Onchain spaces functionality The token will be available on Uniswap v4 through Arrakis Pro with managed liquidity. $TOWNS will serve three primary functions: - Governance - Delegation - Core infrastructure for encrypted messaging The protocol aims to create a decentralized communication ecosystem where messaging is both ownable and secure.

Binance's new Alpha platform has transformed DEX orderflow by directing token generation events (TGEs) to BNB Chain via PancakeSwap v3. The initiative has generated $75B in volume and led to a 539% quarter-over-quarter surge on PancakeSwap. Key points: - Projects now favor BNB Chain for launches due to routing depth and incentive structure - Trading routes through BNB/USDC and USDT pairs boost overall volume - Only 4% of Alpha tokens reach Binance spot listings - 1bps pool requirement leads to minimal LP returns Challenges remain with airdrop farming causing early selloffs and poor LP economics despite strong volume growth.

WOO Network has successfully migrated its WOO/ETH pool to Uniswap V4, powered by Arrakis Pro. Key updates include: - 15% of Ethereum position moved to Arbitrum - Enhanced market efficiency through Arrakis's concentrated liquidity management - Improved execution for onchain WOO buybacks - Multiple daily buys boosting staker rewards The migration aims to benefit $WOO holders through: - Higher burn rates - Better staking outcomes - Improved trading fee discounts - Enhanced yield opportunities Future plans include expansion to other EVM L2s including BNB Chain, Base, and additional networks. [Learn more about WOO Network](https://woo.org/)

Industry leaders are pushing for increased transparency in crypto market making. In a recent @Unchained_pod episode, @kaiynne detailed how market makers leverage loan and call option models for token liquidity enhancement. This follows @wintermute_t CEO @EvgenyGaevoy's call for industry maturity at @emergence_conf 2024, where he emphasized the need for greater transparency. Key developments: - Evolution of hybrid market making models - Integration of CeFi and DeFi approaches - Focus on regulatory compliance Learn more in our comprehensive analysis: [The Founder's Guide to CEX and DEX Market Makers](https://arrakis.finance/blog/the-founders-guide-cex-dex-market-makers)

Arrakis's HOT AMM, launched one month ago, is now handling over 10% of ETH/USDC volume on CoWSwap. Key highlights: - Built on Valantis Labs modular framework - Processed $70M in volume since launch - 99.99% of volume through Arrakis RFQ with MEV protection - Powered by top solvers including Aori, BarterDeFi, Furucombo The platform issues quotes based on real-world pricing, effectively eliminating arbitrage opportunities. This development follows Arrakis's recent move toward modularity with Arrakis Pro, their market making solution supporting token issuers across multiple chains.

Arrakis has launched HOT, the first MEV-aware onchain market maker, addressing the $1B+ MEV challenge in DeFi. The rollout includes three phases: - Phase 1: Introduction of HOT AMM for sustainable liquidity providing - Phase 2: Implementation of builder bidding for gated liquidity access - Phase 3: Expansion to multi-chain operations with shared sequencer auctions The platform aims to protect liquidity providers by recapturing MEV value, with LPs receiving the majority of recaptured fees. This development aligns with Ethereum's evolving MEV landscape and aims to create a more sustainable DeFi ecosystem. *The HOT app is now live at app.arrakis.fi*