Bitfinex to Add Santiment Analytics Tools

There are both free and premium metrics available to Bitfinex traders now
30 April 2019   1021

Bitfinex announced the beginning of cooperation with the analytical platform Santiment, thanks to which its users will be able to obtain information about new projects and focus on various fundamental factors and indicators when building their trading strategies.

From now on, Bitfinex users will be able to access Santiment free and premium tools directly from the exchange interface. Purchase of the latter is carried out using the Santiment SAN token. Let's check, what they can provide, according to the developers.

Free Metrics:

  • General Project Info — Market cap, circulating & total supply, ROI since ICO and more.
  • Financial — treasury balances & wallet addresses.
  • Social — Social volume over time & word cloud.
  • Community insights — Articles, analysis and research curated by the Santiment team and trusted community members.
  • Daily snapshot of active addresses on the network.
  • Monthly snapshot of the project’s development activity.

Premium Metrics:

  • Santiment have built an array of proprietary historical & real-time indicators over the past two years. An initial set of these indicators have now been made available for Bitfinex & Ethfinex users for a small SAN token subscription:
  • MVRV (Market Value - Realised Value) — The relation of a coin’s total market cap and its ‘realised cap’. This also includes industry-first MVRV ratio for ETH and ERC-20 tokens, custom built by Santiment, available for all ERC20 tokens.
  • Network activity — daily active addresses and network growth.
  • On-chain transaction volume & Token Age Consumed.
  • Token circulation and token velocity.
  • Exchange Flow Balance — the combined value of tokens flowing in & out of exchange wallets.
  • Daily active deposits — the combined number of unique deposit addresses that are participating in exchange deposits.
  • Relative social dominance — the percentage share of mentions on crypto social media as part of a wider pool of 50+ of the most discussed projects.
  • Developer activity on GitHub.

Santiment Tools at Bitfinex
Santiment Tools at Bitfinex

To access the tools, you need to click on the Santiment icon near the asset ticker after selecting a trading pair. Metrics are also available to Ethfinex users.

DEAPCOIN IEO to be Held at OKEx on 8.04

The project is planning to raise $2M a the price of 1 DEP on IEO will be $ 0.0025
25 March 2020   943

OKEx Exchange announced Wednesday the 11th initial exchange offering (IEO). It will be conducted by the DEAPCOIN Project (DEP) and will be held on April 8th.

As in previous OKEx campaigns, the selection of participants and the selection of the allocation coefficient will be carried out according to two criteria: the average daily balance of OKB and the trading volume on the exchange. For each of the groups, allocation of 400 million DEP tokens is allocated.

The price of 1 DEP on IEO will be $ 0.0025. Thus, the project intends to attract up to $ 2 million from OKEx users. Trading in USDT and USDK pairs will start on the same day.

The DEP token was released by DEAPCOIN to shape the economy around the PlayMining entertainment platform they are developing, where users can earn cryptocurrency during games. DEP is presented as an ERC-20 standard token, while game items on the blockchain will use the ERC-721 standard.

Despite the generally negative dynamics of the IEO space recently, the token of the previous placement of the OKEx platform - HyperDAO - that passed at the end of February is currently trading almost 3 times higher than the initial selling price.