Nice article.

A couple of stable coins you might want to include are:

Liquity https://www.liquity.org/
The Standard Token https://www.thestandard.io/

Look forward to your future articles with interest. 

 Meanwhile, back at the capital dome, the leadership of the congressional gerontocracy continued to snooze, raise funds for the next election, and almost daily demonstrate to the world (during rare public appearances) their quite literal mental incompetence (in a strict medical sense of the term).

#covid

https://rwmalonemd.substack.com/p/fda-has-gone-rogue 

 When users went to Threads to search for content related to “covid” and “long covid,” they were met with a blank screen that showed no search results and a pop-up linking to the website of the Centers for Disease Control and Prevention.

Meta acknowledged in a statement to The Washington Post that Threads is intentionally blocking the search terms

#censorship #covid

https://webcache.googleusercontent.com/search?q=cache:VPvJvr1M5P8J:https://www.washingtonpost.com/technology/2023/09/11/threads-covid-coronavirus-searches-blocked/&cd=9&hl=en&ct=clnk&gl=us 

 Google protects its franchise through a form of payola, shelling out billions of dollars annually to be the default search engine on the iPhone and on web browsers such as Apple’s Safari and Mozilla’s Firefox.

“Google pays more than $10 billion per year for these privileged positions,’’

#monopoly #google

https://sg.news.yahoo.com/google-versus-us-biggest-antitrust-040341827.html 

 

nostr:naddr1qq24y6n92frkw6tvv435ve6lw4r4z4jsg4cyzq3qxf42uehy0r4x00tkh0knz7j6hma2uuf64aavfg4u5cfqdqsh229sxpqqqp65wyfpvvm 

 I feel much the same way.

Good article. 

 So deleveraging is driving these sales?

 

 As you know I have been tracking the progress of Xchange, a new DEX from [X7 Finance ](https://x7.finance/) which is preparing to exit beta and make its official launch. I noticed it's 7 day volume had already placed it in the TOP 25 DEXs ranked by volume:

![image](https://yakihonne.s3.ap-east-1.amazonaws.com/000688f2e657afd509aac582d45455858360046d67802cc5daafb5cb44fbd1ae/files/1694282328227-YAKIHONNES3.png)
Source: [Dune Dashboard](https://dune.com/hagaetc/dex-metrics)

The 24 hr volume bounces around a lot, so I think the 7 day volume is a better indicator. 

So you can see Xchange listed their at number 24, just above Trader Joe at 25 and just below GMX at 23.

So lets compare the market value of these 3

## # 23 GMX
### Fully Diluted Valuation: $438 Million

![image](https://yakihonne.s3.ap-east-1.amazonaws.com/000688f2e657afd509aac582d45455858360046d67802cc5daafb5cb44fbd1ae/files/1694283586062-YAKIHONNES3.png)


## #25 Trader Joe
### Fully Diluted Valuaton: $126 million


![image](https://yakihonne.s3.ap-east-1.amazonaws.com/000688f2e657afd509aac582d45455858360046d67802cc5daafb5cb44fbd1ae/files/1694283753551-YAKIHONNES3.png)

## How much is #24 Xchange worth?

Lets see if we can work it out. If #23 is worth $438 million and #25 is worth $126 million, then the value of number #24 must fall somewhere in between those two, correct?

What about if we took the average of #23 and #25 which would be:

``($438 million + $126 million)/2 = $282 million  ``

So lets say $280 million. Does that sound like a fair guess to you?

## What value is #24 Xchange actually trading for today? 

Xchange is part of the larger X7 Finance ecosystem which is made up of 7 tokens. 

![image](https://yakihonne.s3.ap-east-1.amazonaws.com/000688f2e657afd509aac582d45455858360046d67802cc5daafb5cb44fbd1ae/files/1694285436736-YAKIHONNES3.png)

### What??? The Fully Diluted Valuation for #24 Xchange is less then $10 million?

The gap between $10 million and the $280 million we were expecting is huge. To sum up:

#23 GMX             $438 million
#24 Xchange     $10 million
#25 Trader Joe  $126 million

You can do the math yourself to determine if this is a buying opportunity. Do you think others will take advantage of this valuation discrepancy once they learn about Xchange and X7 Finance. Maybe this is one of those cases where the early bird catches the worm.

Another question you might ask yourself is what secret sauce does Xchange have that has attracted so much volume. It literally came out of nowhere and is now rubbing shoulders with much better know DEXs. Wait till more people learn about that secret sauce.

This is not investment advice. Do your own research. Consult your finance professional for advice.

More information
[X7 Finance Website](https://x7.finance/)
[Community Website](https://www.x7finance.org/)
[Telegram Channel](https://t.me/x7m105portal)
[X (Formerly Twitter)](https://twitter.com/x7_finance)
[Other Articles](https://yakihonne.com/users/nprofile1qqsqqp5g7tn90t74px4vtqk5232ctqmqq3kk0qpvchd2ldwtgnaartspr3mhxue69uhkummnw3ez6vp39eukz6mfdphkumn99e3k7mgpremhxue69uhkummnw3ez6vpj9ejx7unpveskxar0wfujummjvuq3gamnwvaz7tmjv4kxz7fwv3sk6atn9e5k7yz8062)