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blockworksres
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1/ We're excited about the ongoing transition of trading activity from CEX to DEX venues, and our new DEX Dashboards go deep in the weeds on this.
Let's review some high level takeaways:🧵
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1/ The GENIUS Act triggered dramatic repricings, showing huge institutional demand: -CRCL surged >600% from $31 IPO to $220 in 15 days -Plasma's $1B commitment filled in 30min Analyst @shaundadevens explored if tokenized treasuries could act as beta to this growth:
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1/ We’re excited to share our expanded stablecoin coverage, now including base & arbitrum, as part of our chain dashboards These new sections track data on both major and emerging stablecoins. Let’s explore the dashs
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1/ @KaminoFinance is entering its next leg of growth with V2: unlocking new markets, improving capital efficiency, and catering to various risk profiles. We believe Kamino is uniquely positioned to benefit from the maturation of Solana DeFi. 🧵
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1/ DATA UPDATE: We're pleased to announce our new dashboard on @sparkdotfi, the latest addition to our lending sector coverage! Built by @JackMandin the dashboard covers lending markets and Spark's financials. Key insights below 👇
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1/ @Circle's (CRCL) IPO debut has been highly successful. This strong institutional performance underscores the growing confidence in the stablecoin sector. This market now commands a total circulating supply of $251 Billion, serving as a foundational layer for the digital asset economy.
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