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Crypto Koryo
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How did Aave out-competed Compound by so much?
Aave
TVL has gone parabolic since 2023 but Compound has the same TVL as 3 years ago.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.
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AAVE
270.61
-3.71%
COMP
52.1
-1.25%
MORPHOUSDT
Perp
1.3847
-2.53%
342
0
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Mantleโs Integration with HyperBridge ๐ธ Mantle users can now bridge assets to trade on HyperCore or use them in apps on HyperEVM, opening up new opportunities. @HyperliquidX is a top decentralized perps exchange on its own Layer 1, super fast with low fees. ๐ธ Hyperbridge uses Layerzero's OFT standard; seamless asset movement without the wrapped token headaches. By employing a burn-and-mint mechanism, the OFT standard ensures a unified supply of the token across all connected chains(e.g., @Mantle_Official ), simplifying the process for both users and developers. ๐ธ Hyperbridge provided support for a specific set of assets, allowing users to immediately begin bridging. It supports an initial set of tokens, including cmETH and COOK from Mantle. Hyperbridge looks like a solid piece of infrastructure to funnel liquidity into a growing DEX. ๐ธ Deposit now to trade, more assets coming soon.
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- No first mover advantage - Sector seemed dominated by established projects - No VCs - No paid KOLs - Has few well-funded cex competitors that would like to see it go down - TGE 6 months ago. Now dominating the perp dex completely. How did that happen?
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what is happening? stay safu everybody and do not click on links.
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What is trending on CT lately? Two things mainly: (1) Hyperliquid (2) Mindshare, Attention, Social, Marketing and corresponding projects. Already a lot of fatigue around (2), which is doing more harm to the space than anything else. But @_dexuai is aiming to change that with fresh, innovative approaches and give it a new direction. Coming in Q3.
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What is the crypto industry standard for what an "experiment" is? genuinely curious.
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