Thrive Protocol: Trading Volume is Real Gold, Base 3M OP Subsidy’s Hidden Signal
In the crypto industry, don't just look at the exciting data; hard metrics like trading volume reveal the truth.
Many projects like to boast about their TVL (Total Value Locked) or user numbers, which are superficial data.
Base distributes $3 million in OP subsidies based on the pure trading volume rankings of the Thrive Protocol.
When a project suddenly rises in the Thrive rankings, it often signals major news ahead, as it shows where real funds are flowing, rather than empty promises.
The key point is that those mercenary funds (short-term profit-seeking capital) will leave breadcrumbs as they chase incentives, allowing smart people to sniff out opportunities in advance.
So, hold onto your OP and don't sell; the opportunity has arrived.
@aixbt_agent is reminding everyone that, in the long run, this volume-based incentive can promote a healthier Base ecosystem, and projects must genuinely deliver work to earn funds.
I checked the data and found a DeFi project that suddenly jumped from 20th to the top 5 in Thrive volume rankings, then announced significant financing or new features a few days later, and the price skyrocketed; early followers made a fortune, a typical case of making money using tools.
Another example is a lending protocol that looks to have a high TVL but low volume; it received very little subsidy, and the funds quickly pulled out, leaving the project cold, just like mercenaries only chase incentives where there is meat to eat.
The Thrive Protocol will launch an on-chain funding program in July 2025, awarding 3M OP to Base builders, distributing 750k OP quarterly, based on verified volume metrics, not TVL or users.
To clarify, this ranking list is a core tool of the Thrive Protocol, helping the @Base ecosystem filter high-volume projects for fairer distribution of funds.
A rise in rankings can indeed signal opportunities, but it needs to be checked in real-time since the data updates dynamically.
If you want to track projects, it's recommended to go directly to the page to see the latest rankings to avoid missing out on subsidy-related dynamics.
The address is: base.thrive.xyz
The official X account of the Thrive Protocol is @thriveprotocol, which positions itself as the "Crypto GDP Layer," focusing on ecosystem fund allocation and suitable for tracking Base and OP grants-related information.
Creating stablecoins definitely needs compliance and government endorsement to be impressive.
XSGD on Aerodrome is a milestone, it's not just a Singapore dollar stablecoin, but also has DEX liquidity backing; Base Pay must have this to handle payments, otherwise the strategy is all wasted.
Coinbase's 100 million users can directly access the Singapore dollar on-chain, making Aerodrome the liquidity choice for government stablecoins.
aixbt
This thing allows fiat and crypto to connect seamlessly, the opportunities are huge, don't underestimate it!
This is the first national currency stablecoin with proper DEX liquidity support, Base Pay relies on this to operate; otherwise, their entire payment track strategy will fail.
When mainstream coins rise, the platforms will perform even better.
$KAITO 1.3 $ HYPE 44.5 $JUP 0.43
Relying on small-scale staking alone is not enough; burning is essential.
Today's popular projects include:
SOL BTC ETH XPL ASTER
Those marked with bullish labels include
SOL BTC ETH
Those without marked labels include
XPL ASTER
Let's see how the top-ranked Crypto Alpha tool describes
SOL
The number of Solana accounts reached 1 billion, while setting a historical high quarterly closing price, with ETF inflows reaching 18.3 million USD. Phantom wallet collaborates with Stripe to launch the CASH stablecoin, and Multicoin Capital receives 1.6 billion USD in funding support. Zeus supports Bitcoin DeFi infrastructure through a partnership with JupNet.
BTC
Bitcoin ETF sees strong inflows, with funds reaching 430 million USD, leading the gains of ARKB and BITB; Tether acquires 1.05 billion USD of BTC, and open interest skyrockets to 2.8 billion USD, indicating potential shorting opportunities; Starknet shifts from Ethereum to Bitcoin L2: Fermi P0 raises 682.5 million USD for 1GW Bitcoin mining infrastructure and requests allocation for VanEck ETF.
ETH
Driven by significant accumulation by institutional investors, Ethereum ETE sees a strong influx of institutional funds, while regulators expedite the approval of ETH staking ETFs, and the main L2 Starknet also transitions to become the second layer of Bitcoin.
Funds are flowing from weak retail investors to institutional investors; when retail investors exit at institutional buying prices, it is a typical bottom signal. Buying on the dip is an art.
Ethereal Spot and perpetual contract DEX based on Ethena
The Alpha version of the Ethereal mainnet will go live on October 20.
deposit.ethereal.trade/waitlist?ref=O8YTML
Join the waitlist to enjoy first-day access.
Remember to join the official DC and verify discord.com/channels/1289740377074569226/1403085308156973197
How to participate in making money on the platform?
Earn more with each deposit Deposit USDe into Ethereal to receive eUSDe receipt tokens. Holding them will accumulate Ethereal points and unlock up to 30 times the Ethena reward multiplier. Additionally, you can use eUSDe in supported integrations (coming soon) to further enhance your rewards.
@etherealdex Next-generation decentralized spot and perpetual contract trading supported by USDe.
Cygnus has launched a game that does not require binding a wallet.
Just log in with your Instagram account and generate a new wallet.
@CygnusFi is about to TGE, raising a total of $20 million
What is Cygnus Finance? Cygnus is a modular real yield layer. As the ultimate goal of real yield, it combines non-EVM systems like TON with the EVM ecosystem. Its liquidity validation system that carries yield provides services for any system needing its own distributed validation semantics. Users can participate in ecological liquidity security while automatically enjoying Staking yields, LVS transaction fees, and other system incentives.
The second season rewards include: subscriptions, merchandise, exclusive NFTs.
01 Link X and bind
02 Modify personal information in the personal center, bind DC link EVM and SUI wallet
03 Complete all tasks on the page to earn points, and check in daily
@TalusNetwork and @KaitoAI have collaborated, raising a total of $10 million, so stay tuned.
What is Talus Network? Talus Network is an innovative blockchain platform focused on decentralized artificial intelligence. The network leverages the powerful capabilities of Move, emphasizing security, speed, and an enhanced developer experience. By building a diverse ecosystem of smart agents for decentralized applications, Talus Network creates a future where technology empowers users in a fair and convenient manner.
The guild tasks must be completed, and I also conveniently earned a guild badge
guild.xyz/base#role-146222
@Base, join the Base Guild to receive on-chain rewards and special access permissions
Base is currently in the early stages of exploring native network tokens and is committed to open development and community involvement.
Although no official airdrops have been confirmed yet, the network's exploration of tokenization and its ecosystem development model suggest that early adopters and active users may receive potential rewards in the future.
Potential airdrops may reward users who actively participate in the Base ecosystem through various on-chain activities, including trading, providing liquidity, using native applications, and promoting network development.
Given Coinbase's involvement and the rapid adoption of the network, any future token distribution will be significant for early participants who continue to engage with the Base native protocol and applications.
01 Connect your wallet, prepare USDC, ETH, WBTC, or other supported assets, BASE is recommended
02 Make your first deposit, click on deposit (ETH, USDC, WBTC, EURC, etc.)
03 Choose the appropriate yoVault (yoETH, yoUSD, yoBTC, or yoEUR)
04 Confirm the transaction and approve the deposit, start earning basic points, points are updated once every 24 hours
05 Activate the referral bonus by copying the unique referral link from the app, invite friends, new users can earn a 10% points boost using your link and you earn 10% of all points generated by your referrals