TL;DR

• Massive uptick in weekly IBC volume: $642M (up 114% WoW)

• DEX volumes accelerate; both spot & perps are up >40%

• $84.7M $USDN issued on Noble (up 13.7%)

• Largest Eureka transfer: 51.4 $WETH

• Cosmos chains' MC: $35M

IBC Protocol Weekly Stats 🌌

• IBC Volume: $642M (up 214% WoW)

• Total IBC Transfers: 422K (up 11.3% WoW)

• Most active IBC route: Cosmos Hub – Osmosis (21K)

• Biggest IBC volume pair: Sei – Noble ($148M)

• Interchain WAU: 260K (down 9.7%)

• Cosmos chains' MC: $35B (up 17%)

• Active Zones: 110

IBC Champions 👑

• IBC Volume King: Noble with $267M 7d volume (up 147% WoW)

• IBC Transfers King: Osmosis with 137K 7d IBC transfers (down 1.1%)

• WAU King: Celestia with 29K weekly active users.

Noble Stablecoin Issuance 🪙

Total stables issued on Noble: $635.8M (down 0.3% WoW)

• $USDC: $533M (down 2.4% WoW)

• $USDN: $84.7M (up 13.7%)

• $USDY: $15M (flat WoW)

Noble Vault Deposits 🏦

Boosted Yield Vault: $24.2M

• Up 14.1% WoW

• Currently earning 14.2% APY

Noble Points Vault: $58.3M

• Up 12.7% WoW

• Earning zero yield but farming Noble Points.

Stablecoin Flow within Cosmos

Where are stables issued on Noble flowing?
1️⃣ 38% of stable flows went to Sei Network
2️⃣ 32.4% ended up on dYdX
3️⃣ 13.7% flowed to Osmosis

Cosmos Hub / IBC Eureka Stats

• Total IBC transfers: 48.12M

• Total IBC v2 transfers: 923 (up 9% WoW)

• Largest IBC Eureka transfer: 51.4 $WETH

• Total $ATOM burned: 33K $ATOM

IBC Eureka adoption accelerates $ATOM burn 🔥

Osmosis Volumes 🧪

Weekly Trading Volume: $116.4M

• Up 40% WoW

• Down 25.4% MoM

• Largest Trade: $630K

• TVL: $78.3M (up 17.8%)

Osmosis Weekly Protocol Revenue: $82.4K (up 17.7% WoW)

a) Taker Fees: $72.7K (up 21%)
b) ProtoRev: $7.9K (up 4%)
c) Tx Fees: $1K (up 14%)

Alloy Assets on Osmosis

• Bitcoin: 113 $BTC (down 6%)

• Ethereum: 1,160 $ETH (up 3.5%)

• Solana: 21.2K $SOL (up 2.4%)

• USDT: 917K $USDT (down 3.5%)

Celestia DA Usage 🦣

Weekly Bytes in Blocks: 17.5 GiB

• Down 2.8% WoW

• Down 87% MoM

Weekly DA Fees: 1.1K $TIA (~$3.7K)

• Up 18% WoW

• Down 86% MoM

The sharp drop in DA usage is primarily because the "tapping game" on Eclipse has ended. This game impressively demonstrated Celestia's ability to handle high DA throughput.

Celestia Block Usage Overview

• 1.87% of current DA capacity

• Block size: 8MB blocks every 6 seconds

• Max capacity: 1.33 MB/s

• Price per MB: $0.09/MB vs. $3.5/MB on ETH

• Celestia DA market share: 44.3%

• Total Rollups: #41 (+2 WoW)

Stargaze NFT Volume 💫

Weekly Marketplace Volume: $117K

• Up 1% WoW

• Down 62% MoM

• Total sales: 4,141 NFTs (up 22%)

Note: NFT volume three weeks ago was overreported due to a timely delay of the $OM price adjustment. The 80% $OM price crash significantly impacted trading volume on Stargaze.

Collection Rankings:

• Highest Market Cap: $8.9M – Bad Kids 😈
• Highest Floor Price: $1,060 – Celestine Sloths 🦥
• Highest 7D Volume: $35K – Bad Kids 😈

dYdX Trading Volume 🦔

Weekly Trading Volume: $1.27B

• Up 60% WoW

• Down 40% MoM

• Most traded coin: $BTC ($494M)

dYdX Protocol Fees: $306K (up 72% WoW)

• Weekly trades: 729K (up 34.2%)

• Weekly returning users: 3,300 (up 0.5%)

• Total long liquidations: $1.7M

• Total short liquidations: $23M

MegaVault Stats

• TVL: $12.7M (down 23% WoW)
• Estimated APR: 10%
• Vault P&L: $4.55M

Bitcoin Staked via Babylon

• Total BTC TVL: 49.8K BTC ($5.17B) — flat WoW

• Registered BTC TVL: 32.4K BTC ($3.37B) — up 3.4% ⇒ securing Babylon

• BTC Staking APR: 1.25% ⇒ earning $BABY tokens

Akash Supercloud Usage 💻

• Daily USD Spent on Akash: ~$11K (up 10% WoW)
• GPUs Leased: 378 (down 6%)
• Total GPU Supply: 740 (down 2.6%)

Nolus Weekly Stats 💹

• TVL: $3.68M (up 27% WoW)
– $1.84M Supplied
– $1.52M Borrowed

• Highest Yield: 14.67% APY on $USDC (lending)

dVPN Weekly Network Stats 🛡️

1. Active Nodes: 7,466 (down 8.5% WoW)

2. Unique Users: 19,904 (down 9%)

3. Data Consumed: 69.67 TB (down 1%)

Jackal Protocol Weekly Stats 🐺

a) Active Plans: 410 (flat WoW)
b) Active Files Stored on Jackal: 101K (up 1.3%)

Thanks for reading folks!

We hope this article helped you stay up-to-date with the latest developments in the Cosmos ecosystem.

Disclaimer

This article is intended to educate readers about certain topics and should not be considered financial advice in any way.