• Synthetix (SNX)

Synthetix is a liquidity providing protocol on a decentralized perpetual futures platform with SNX as the protocol's governance token. SNX deserves attention because of the launch of version 3 (v3), namely the Synthetix Perp platform and integration with the Base layer-2 network. As of October 9 2023 at 17.00 WIB, SNX is trading at US$1.99 and is ranked 62nd based on market capitalization.

  • Frax Share (FXS)

Frax Share is a stablecoin protocol that is also expanding into Ethereum's liquid staking derivative (LSD) sector with FRX as the protocol's governance rights token. FRX is worth paying attention to this October because of the plan to launch version 3 (v3) this month which was announced by one of the developers. Frax in this version will focus on developing real world assets (RWA) and LSD on the FRAX stablecoin. As of October 9 2023 at 17.00 WIB, FRX is trading at US$5.36 and is ranked 80th based on marketcap.

  • Aptos (APT)

APT unlocks tokens regularly every month and as many as 4.54 million APT or the equivalent of US$23.31 million will be unlocked on October 12 2023. APT is worth paying attention to because the price of APT after unlocking tends to decrease, indicating there is an opportunity to open a position short selling. As of October 9 2023 at 17.00 WIB, APT is trading at US$5.12 and is ranked 36th based on market capitalization.

  • Radiant Capital (RDNT)

Radiant Capital is an omnichain lending platform on the Arbitrum and Binance Chain networks with RDNT as the protocol's governance token. Radiant developers postponed plans for expansion to the Ethereum network, which was originally planned for October 3, 2023, to October 15, 2023.

RDNT deserves attention due to speculation on the execution of its promised network expansion plans. If it is postponed again, there may be a price decrease due to the disappointment of holders. However, if this is done successfully, it is possible that price appreciation will occur in a short time. As of October 9 2023 at 17.00 WIB, RDNT is trading at US$0.227 and based on market capitalization is ranked 285.

  • dYdX (DYDX)

    dYdX is a perpetual futures DEX protocol and a rollup on the Ethereum network with DYDX as the protocol's governance token. DYDX deserves attention because of the development of version 4 (v4), namely changing the dYdX protocol into a protocol with its own chain. As of October 9 2023 at 17.00 WIB, DYDX is trading at US$2.05 and is ranked 84th based on market capitalization.