The Superchain Won ($)
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- 🇺🇸 Hackers Appear to Return Millions in Stolen U.S. Gov Crypto Holdings. In a strange reversal, an assumed hacker has apparently returned $19M worth of stolen crypto.
- 🔼 Traders Bet Bitcoin Hits $80K Regardless of Election Outcome. Some investors foresee bullish market momentum for BTC that defies politics.
- 🏆 For Bitcoin to Heat Up, Gold Needs to Cool Down. Gold's record-breaking pump could be signaling a new bitcoin surge.
📸 Daily Market Snapshot: As the crypto sector holds its breath over a too-close-to-call presidential election with massive ramifications for the sector globally, ETH holders are feeling the pain as ETHBTC continues to find lower lows throughout another brutal week of price action.
| Prices as of 5pm ET | 24hr | 7d |
|
Crypto $2.29T | ↘ 2.2% | ↘ 2.1% |
|
BTC $67,131 | ↘ 1.8% | ↘ 2.0% |
|
ETH $2,485 | ↘ 2.1% | ↘ 6.0% |
Ethereum's weave of L2s has always been a little messy. But the top L2s have been fiercely battling over the years to entice developers to build into their respective interconnected ecosystems.
The dust is settling and top developer teams are continuing to choose a single player – Optimism's Superchain.
This article will break down who is building on the OP Stack and why the Superchain has won the battle for developer hearts and minds 👇
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- 🟠 BTC: 5% APY with Pendle’s eBTC (Ether.fi) PT on Ethereum
- 🟠 BTC: 18% APY with Beefy’s USDC-cbBTC vault on Base
- 🟠 BTC: 19% APY with THORSwap’s BTC-RUNE pool on Bitcoin
- 🔵 ETH: 7% APY with Convex’s ETH-WETH pool on Arbitrum
- 🔵 ETH: 8% APY with Frax’s sfrxETH-FRAX lending market on Ethereum
- 🟢 USD: 6% APY with Morpho’s Spark DAI Vault on Ethereum
- 🟢 USD: 25% APY with Pendle’s sUSDe pool on Ethereum
- 🟢 USD: 48% APY with Aerodrome’s USDC-AERO pool on Base