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The DeFi Investor 🔎
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Over 95% of BlackRock's BUIDL fund is tokenized on
Ethereum
and its L2s.
Ethereum remains the undisputed leader in the RWA sector.
#ETH
#RWA
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.
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Crypto Watchlist for the week ahead: $MNT - Mantle is expected to announce a major new integration next week $JUP - Jupiter Exchange will make two big product announcements next week $AVAX - Avalanche Summit London starts on May 20. The project might make some major announcements during it $BTC - US Senate is rumored to pass stablecoin legislation next week $LQTY - Liquity V2 will relaunch on May 19 $SOL - Metamask co-founder confirmed that native wallet support for Solana is coming in May If you enjoyed reading this, a like and a repost would be appreciated🫡
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BTC funding rates are still very low. It's a great thing to see as it shows this pump hasn't been driven by leverage. BTC still has a lot of room to grow.
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The TVL of CeFi lending: ~$11 billion The TVL of AAVE: ~$39 billion A single dApp has almost 4 times more TVL than CeFi lending sector. Love to see DeFi winning.
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My market outlook In this blog post, I cover: • What caused the latest pump • Reasons to be bullish & bearish • This week's DeFi developments Check it out: https://www.thedefinvestor.com/p/why-is-crypto-pumping
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The latest DeFi news👇 Circle launched native USDC on Sonic Chainlink, J.P. Morgan, and Ondo Finance teamed up to enable cross-chain settlement for tokenized US Treasuries Superstate introduced Opening Bell - a platform for companies to launch tokenized equities on Ethereum and Solana Uniswap introduced one-click swaps mETH Protocol announced the Restaking Alchemist, a incentive campaign which will randomly reward 50 new mETH restakers via a raffle. To qualify, you need to restake at least 0.02 mETH for cmETH Virtuals Protocol released the staking mechanism for VIRTUAL Arbitrum DAO approved a 35M ARB allocation for tokenized US Treasuries Rumpel introduced the Auto-Seller, enabling its users to sell their airdrop points automatically Ethereum announced the Trillion Dollar Security initiative, aiming to upgrade Ethereum’s security to help bring the next billion users on-chain Kamino Finance released the checker for the Kamino Season 3 airdrop LayerZero introduced Hyperbridge, which enables bridging assets to Hyperliquid Fluid announced plans to make FLUID a multichain asset via Chainlink’s Cross-Chain Interoperability Protocol Ripple has agreed to a $50 million settlement with the SEC Coinbase will join the S&P 500, becoming the first crypto-only firm in the index That's all for today. If you enjoyed reading this, a like and a retweet would be much appreciated🫡
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