$BTC Yesterday there were a total of 593,742 trades, of which 308,870 were on the “Yuan” protocol, accounting for 52.0%—up 21.3% from the day before.

This isn’t price; it’s usage. Alkanes, Runes, and BRC-20 are all counted within this metric. If their share is more than half, it means the Yuan protocol is no longer just a side corner.

On the Alkanes front, there’s still more being added. A new third-party launchpad, @OpenOrbiting, is live. The first collection, Aries Orbitals, has been listed on @fairmints. It can select rare items by attributes, and it can also list orders for buying and selling. SUBFROST’s self-developed AMM for Alkanes splits the 1.5% fee into three parts—0.5% to market makers, 0.5% for buyback-and-burn of FUEL, and 0.5% for buyback-and-burn of FIRE or DIESEL.

There’s also an irony: @CG_BRC20 said today that UniHexa releases 40 whitelist spots per day on a first-come, first-served basis. Each spot corresponds to tokens worth about $50, yet it still doesn’t fill the allocation.

In the Bitcoin ecosystem, what it’s really lacking right now—new assets, or people who are actually willing to trade on it?