Pendle's DeFi Domination ($)
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- 🚀 ETH passes $3,700. After posting the lowest ETH/BTC ratio since 2021 last week, Ethereum prices saw substantial gains on Monday, shooting up over 8%.
- 🇵🇾 Paraguay preps BTC mining ban. If approved, a ban in the country, which has become a hub for miners due to cheap hydroelectric power, would last six months.
- 🗳️ Aave prepping fee switch vote. Aave could vote next week on whether to activate a fee switch on the network that would distribute fees to token holders.
📊 Property Panic! Chinese markets continue to underperform, prompting investors in the world’s second-largest economy to dump onshore assets in favor of seemingly uncorrelated hedges as they flee for the exit. What asset are Chinese citizens now storing wealth in, and could these flows be coming to ape your bags!?!
| Prices as of 5pm ET | 24hr | 7d |
|
Crypto $2.69T | ↗ 4.0% | ↗ 2.7% |
|
BTC $71,627 | ↗ 3.3% | ↗ 2.8% |
|
ETH $3,687 | ↗ 8.4% | ↗ 5.6% |
There’s a new DeFi major on the block – Pendle.
With $4B in total value locked (TVL) and deposits on the rise, the protocol is now among the largest projects in crypto. Pendle stands out for allowing users to tokenize and trade future yields on their DeFi assets.
Let's take a look at the components of this protocol and why DeFi investors are so bullish on what it enables👇
Kraken is one of the largest and most secure crypto platforms in the world. They've been in the crypto game for over a decade, and now they're inviting us all on a journey to see what crypto can be.
Decentralized AI has been a major investing meme, but is there a future for the vertical?
Today on the show, we have the founder of Stability AI, Emad Mostaque. David and Emad discuss the economic consequences of AI, why AI needs to be open-sourced, and the role of crypto in decentralizing AI.
Get the full rundown 👇
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