The DeFi Investor 🔎

Hyperliquid is absolutely killing it: - TVL is up 110% in the past month - it's the 4th largest L1 by mindshare - it just hit a new ATH in open interest Imagine the smell if the team also confirms a 2nd $HYPE airdrop.

Arbitrum keeps leading in net flows. In the past 30 days alone, it saw 12x higher net flows than Ethereum.

TL;DR of today's crypto summit: • The US government will explore new ways to acquire BTC • Trump said "never sell your BTC" • Everyone told Trump how great he is Oh, they also announced the next shitcoin: FIFA token☠️

Crypto Watchlist for the week ahead: $BTC - 6 Bitcoin mutual funds will debut in Israel next week $FXS - Voting for a proposal to use BlackRock's BUIDL as a backing asset for Frax Finance's stablecoin ends on Jan. 1 $EMP - A no-code AI agent launchpad powered by Empyreal will go live very soon $SUI - $280M worth of SUI will be unlocked on Jan. 1. Most of it will go to early investors & contributors $PENDLE - The snapshot for an airdrop for PENDLE stakers will be taken on Dec. 31 $MOVE - Movement Mainnet is confirmed to launch in January. Movement is the first Move-based Ethereum L2 $GS - The audit for GammaSwap's Yield Tokens is scheduled for Dec. 30. Yield tokens will enable users to earn 60-80% APY for ETH If you enjoyed reading this, a like + retweet would be appreciated🫡

This week's DeFi news👇 The SEC approved the first BTC-ETH Index ETFs Chainlink introduced Chainlink Smart Value Recapture - a mechanism that creates a new 8-figure revenue stream for the protocol THORChain released THORChain V3, adding the smart contract functionality. A wide range of dApps are expected to be deployed on THORChain soon Frax Finance is considering to add BlackRock's BUIDL token as Frax USD stablecoin backing. BUIDL is a BlackRock US Treasury fund with over $500M AUM Uniswap announced that Unichain L2 mainnet will go live in early 2025 Kaito AI announced a future 150 ETH airdrop that will be split across the top 1,000 Yappers on Jan. 1 Resolv launched its stablecoin USR and RLP on Base. A wstUSR points trading pool also went live on Pendle, which has an implied APR of over 40% Sonic Labs launched Sonic Gateway, its native bridge, and enabled FTM to S token swaps Usual, an RWA-backed stablecoin protocol, raised funds from Binance Labs. The TVL of Usual increased from $500M to $1.65b in the past 30 days Polygon released the v0.2 testnet for Agglayer, its blockchain fragmentation solution EigenLayer introduced slashing and launched it on testnet SushiSwap launched its DEX on Sonic L1 Swellchain, a restaking chain developed by Swell, went live on mainnet That's all for today. If you enjoyed reading this, a like and a retweet would be much appreciated🫡

Last cycle, people were spending hundreds of millions of dollars on metaverse land. Things can get crazier than you imagine in a bull market.

Q1 is by far ETH's best quarter. The real altseason also historically starts in the post-Halving year. 2025 should be great for altcoins.

Crypto Watchlist for the week ahead: $BTC - Microsoft shareholders will vote on whether the company should buy Bitcoin on Dec. 10 $FXS - Frax Finance will announce a major token upgrade and its new roadmap in the next days $POL (MATIC) - Polygon will release the Agglayer v0.2 testnet on Dec. 9. This will allow any chain to interoperate & connect through Agglayer $MAGIC - Treasure DAO, a popular gaming ecosystem, is set to make a major announcement on Dec. 11 $APT - $165M worth of APT will be unlocked on Dec. 11. Most of it will go to early investors & core contributors If you enjoyed reading this, a like + retweet would be appreciated🫡