#CMC Market Pulse | Weekend

DEFI BRIEF 🏦

Solana DEX aggregator, #jupiter exchange, introduces Jupiter Studio, a token launchpad enabled with full customization, from custom mint options, initial and graduation market caps, and vesting conditions.

Perpetuals DEX, GMX, expands to Bitcoin L2, Botanix, enabling Bitcoin-native leverage trading with trades collateralized and settled in BTC.

Lending market, Dolomite, expands to #Ethereum , also being the first money market protocol to support World Liberty Financial stablecoin, UDS1, as collateral.

VC FUNDRAISES AND AIRDROPS 💰

#AI driven data DePIN, Datagram Network, raises $4M in a pre-seed round led by Avalanche’s Blizzard Fund, with support from Animoca Brands, DePIN X, Amber Group and more.

Predictions market, Limitless, raises $4M in a strategic funding round, with investors including Coinbase Ventures, Maelstrom Fund, Collider Ventures, and more.

Solana stablecoin infrastructure project, #perena , closed a funding round from Echo, Native Crypto and Hermeneutic, with support from angels from Backpack, Wormhole, Meteora and more.

Drift Protocol’s DRIFT airdrop as part of their FUEL program is now open for claims, with the airdrop claimable until 14 November 2025.

$SOL $GMX $DRIFT