November's Top Airdrop Opportunities ($)
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- 🎮 Immutable Receives Wells Notice Over 2021 Token Sale. The SEC is probing what it believes are possible securities violations.
- 🤑 Tether Posts $2.5B Profit in Q3 2024. Stablecoin powerhouse Tether just reported major profits from last quarter amid surging demand.
- 🥷 Gotbit Founder Charged with Wire Fraud and Market Manipulation. The DOJ just indicted the founder of Gotbit for fraudulently earning 'tens of millions.'
📸 Daily Market Snapshot: After nearly striking all-time highs earlier this week, bitcoin started November dropping back below $70K as investors balanced election bullishness with sudden fears over an abysmal update for U.S. Payroll data which missed analyst expectations by a mile and triggered fear on Wall Street.
| Prices as of 5pm ET | 24hr | 7d |
|
Crypto $2.32T | ↘ 1.1% | ↗ 1.8% |
|
BTC $69,187 | ↘ 1.4% | ↗ 3.5% |
|
ETH $2,512 | ↘ 0.3% | ↗ 1.4% |
|
JTO $2.23 | ↘ 1.9% | ↘ 2.4% |
Each month, the Bankless Analyst Team sends a list of crypto’s hottest airdrop opportunities directly to Citizen inboxes with the intention of highlighting high-quality crypto protocols that may yield profits for users who interact with them.
We've built up a list of over 100 such promising opportunities in the Airdrop Hunter, a comprehensive repository of airdrop hunting knowledge shared exclusively with Bankless Citizens!
Today, we’re sharing 5 must-hunt airdrops for the month of November (for Citizens only!) 👇
Kraken is one of the largest and most secure crypto platforms trusted by over 13 million people from around the world. Whatever trading strategies you’ve got in your playbook, Kraken gets you started with as little as $10.
🧑🌾 Farming Alpha: Returns fell slightly for many onchain opportunities this week, but savvy hunters can still cash in big. Aerodrome’s tBTC-cbBTC pool is yielding an insane 274% APR, meanwhile yields on Convex’s xETH-pxETH and Pendle’s USDe PT both rallied. A newly launched Pendle mETH PT is providing the highest fixed returns on ETH, meanwhile, attractive variable rate Curve crvUSD lending opportunities through Convex’s Fraxtal implementation are also available.
Top Opps:
- 🟠 BTC: 274% APR with Aerodrome’s tBTC-cbBTC pool on Base
- 🟠 BTC: 7% APY with Pendle’s LBTC (Corn) PT on Ethereum
- 🟠 BTC: 5% APY with Fraxlend’s WBTC pool on Ethereum
- 🔵 ETH: 26% APR with Convex’s xETH-pxETH pool on Ethereum
- 🔵 ETH: 7% APY with Pendle’s mETH PT on Mantle (newly launched)
- 🔵 ETH: 6% APY with Pendle’s amphrLRT PT on Ethereum
- 🟢 USD: 21% APR with Convex’s crvUSD (sFRAX collateral) vault on Fraxtal
- 🟢 USD: 21% APR with Convex’s crvUSD (sfrxETH collateral) vault on Fraxtal
- 🟢 USD: 15% APY with Pendle’s USDe PT on Ethereum
Not financial or tax advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.
Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here.