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One key value proposition of blockchains is developer leverage:
Deploy a lending market or a DEX pool once & it's globally accessible to users from day one.
If this holds true, the annual operating expenses (all else equal) for DAOs should be considerably lower vs. fintechs.
Deploy a lending market or a DEX pool once & it's globally accessible to users from day one.
If this holds true, the annual operating expenses (all else equal) for DAOs should be considerably lower vs. fintechs.
The trading volume on @Polymarket surpassed $1 billion in May 2025.
The trading volume one year earlier in May 2024 was $63 million.
~15x YoY growth.
The trading volume one year earlier in May 2024 was $63 million.
~15x YoY growth.
Monthly DEX volume +460%
Active loans +357%
Stablecoin supply +83%
compared to June 2023
Active loans +357%
Stablecoin supply +83%
compared to June 2023
Top fee-generating app on @base in the past 30d: @AerodromeFi
This week's newsletter is all about @circle:
1) Circle continues to grow market share.
2) Circle is among the best businesses in the industry, based on revenue.
3) Circle continues to diversify its revenue streams from AUM (USDC, EURC, USYC) to transaction-based business lines (CCTP, CPN).
4) Circle is seeing rapid growth, especially on @ethereum and @base.
Learn more:
1) Circle continues to grow market share.
2) Circle is among the best businesses in the industry, based on revenue.
3) Circle continues to diversify its revenue streams from AUM (USDC, EURC, USYC) to transaction-based business lines (CCTP, CPN).
4) Circle is seeing rapid growth, especially on @ethereum and @base.
Learn more:
All leading stablecoin issuers grew their outstanding supply with ~40% or more over the past 365d.
Winners keep winning in the stablecoin market.
Winners keep winning in the stablecoin market.
Quarterly revenues for Sky are at all-time highs
Revenue run rate: ~$320 million
Revenue run rate: ~$320 million
ICYMI: The combined supply of @ethena_labs's USDe & USDtb is ~$7.4B.
ICYMI: @Tether_to has brought over $800 million worth of gold onchain (via @ethereum).
XAUT serves users that want to access a non-fiat store of value onchain.
XAUT serves users that want to access a non-fiat store of value onchain.
ICYMI: The joint TVL / AUM for @ethena_labs and @Securitize is over $10 billion.
As a result, @convergeonchain will quickly emerge as one of the largest blockchain networks for financial applications.
As a result, @convergeonchain will quickly emerge as one of the largest blockchain networks for financial applications.
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