0x Express

Your source for the latest DeFi trends and data-driven insights.🔍

[0x Express @0x_Express]

DeFi Protocol with Top Fees👁️

#Tether
#Circle
#Lido
#Tron
#AAVE
#Uniswap
#PancakeSwap
#Ethereum
#Maker
#Solana

Empowering your financial freedom with @0x_Express. #DeFi #crypto

[Bitcoin.com News @BitcoinNews]

#Ethereum Still Holds the Lion’s Share of Defi TVL as Tron and Solana Rise https://t.co/EL03qFUo0X

[DefiLlama.com @DefiLlama]

Now tracking @MIMSwap pools on our Yield Dashboard

[Bitcoin.com News @BitcoinNews]

#Ethereum Reigns Supreme in Defi With 57% of Total Value Locked https://t.co/EL03qFUo0X

[Dami-Defi @DamiDefi]

Once in a while you come across disruptive projects that just blow your mind.

$PAAL is one of those.

[Patrick Scott @patfscott]

@DefiLlama @RWA_xyz @Polymarket @richardchen39 @DuneAnalytics Over $600B of stablecoins is being transferred wallet-to-wallet monthly recently.

This is about a 50% increase just from last year.

Chart from @artemis__xyz

[Solar ☀️ @DefiSolar]

Binance just announced its Liquid Staked SOL: bnSOL in partnership with @sanctumso ☁️

Currently sitting at $786m, Sanctum TVL is about to skyrocket knowing Binance holds around $3b worth of $SOL.

$CLOUD seems to be the play...

[Patrick Scott @patfscott]

Stablecoins have added over $100B in market cap since spring of 2021. Many people are calling stablecoins a killer use case of crypto as they're used around the world for making payments.

Chart from @DefiLlama

[Dami-Defi @DamiDefi]

The bottom of #Bitcoin may be in

There's a new bullish narrative for Bitcoin driven by looser Federal Reserve policy and global macro trends.

After a bearish phase in early August, expectations of the Fed easing monetary policy, such as lowering interest rates, have boosted optimism for #Bitcoin.

This shift in sentiment marks a "tactical bottom" for Bitcoin, potentially signaling the start of a new bull run.

$BTC is now less influenced by US recession concerns and more by monetary policy and the US dollar's performance.

[Ondo Finance @Ondo]

Celebrating a new milestone! Ondo Finance has surpassed $600M in Total Value Locked (TVL) across our yield-bearing products:

• USDY: $384M
• OUSG: $221M

We’re proud to be the first issuer of tokenized treasuries to achieve this milestone

[Rekt Capital @rektcapital]

#BTC

Bitcoin finishes the month of August at -8.6% downside

$BTC #Crypto #Bitcoin

[Murad 💹🧲 @MustStopMurad]

Data doesn't lie.

Metrics show which Memecoins are more Decentralized.

The better distributed Memecoins will Win as Funds won’t risk buying Cabal trash to get dumped on by 6 people.

Of course they will reshuffle shit after this tweet but remember this Snapshot from right now.

[Lark Davis @LarkDavis]

Mr. 100 just keeps on buying $BTC.

He bought 300 more $BTC yesterday and now has 72,627 Bitcoin.

Do you think Mr. 100 could be an exchange?

[DefiLlama.com @DefiLlama]

Now tracking @Scallop_io Aggregator on our Aggregators Volume Dashboard

[Eli5DeFi @Eli5defi]

The Rumbling Moment - zkTLS
​
If you've been following recent discussions, you know that zkTLS is a hot topic for several reasons:
​
➡️ It allows for the on-chain representation of Web2 activity, liberating private Web2 data.
➡️ It presents potential breakthrough use cases that merge Web2 and Web3 seamlessly.
➡️ Ultimately, it aims to expand the crypto TAM to encompass all internet users beyond just the current user base.
​
But WTH exactly is zkTLS?
​
…

— 📌 | One Pager

…
​
— 📌 | zkTLS
​
⇢ zkTLS (Zero-Knowledge Transport Layer Security) allows users to verify data from websites without disclosing their sensitive information and integrate it in the smart contract. This technology is sometimes referred to as Web Proofs.
​
⇢ For example, a user could verify they bought a shirt from Amazon or a game on Steam with untamperable on-chain proof, without revealing personal details.
​
...
​
— 📌 | How zkTLS Works (Simplified)
​
⇢ Internet communications are secured by Transport Layer Security (TLS), Without TLS, sensitive information like logins and credit card details can be intercepted, jeopardizing online activities such as browsing, emailing, and chatting.
​
⇢ However, TLS doesn't enable clients to prove data authenticity to third parties, limiting data use to its source.
​
⇢ TLS oracles address this issue by cryptographically verifying the origin of digital content. They extend a TLS connection to a third party through a three-party handshake (3P-TLS), where the third party validates data without seeing the exchanged content.
​
⇢ This allows clients to prove specific data came from a certain website. Using Zero-Knowledge Proofs (ZKPs), clients can verify statements about data without disclosing it (zkTLS).
​
...
​
— 📌 | zkTLS Use-Cases
​
⇢ zkTLS confirms data origin and seamlessly bridges Web2 to Web3, unlocking private web data and enabling integration with Web3 smart contracts.
​
This paves the way for countless Web3 applications:
​
➡️ Identity authentication
➡️ Resolution in prediction markets
➡️ Mixed Web2-Web3 loyalty and incentive program
➡️ Privacy-focused verifiable assets
➡️ Tokenizing Domain
➡️ On-Chain Attestations of Off-Chain Activity
➡️ DeFi protocols with undercollateralized loans
➡️ Verification and claims in insurance
➡️ Shared electronic medical records
➡️ Secure, private e-commerce
➡️ Payment attestations for on/off ramp
➡️ Interoperable social media platforms
➡️ Verified gaming history
➡️ AI collaboration with zkLLM
➡️ Machine verification in DePIN
➡️ Secure digital voting
➡️ Encrypted mempools
​
Even more innovative use cases for zkTLS are on the horizon.
​
...
​
— 📌 | zkTLS Protocols
​
⇢ As the time of writing there are several protocols that already working on zkTLS (non-exhaustive list)
​
➡️ Verifier Protocol
​
> @tlsnotary
> @ShinkaiProtocol
> Deco by @chainlink
> @padolabs
> @reclaimprotocol
> @zkPass
> @zkp2p
> @plutolabs_
> @vlayer_xyz
> @OpacityNetwork
> Origo (WP)
> Janus (WP)
> DIDO and DiStefano (WP)
> Crunch (GitHub)
​
Generally, the verifier model is divided into two categories: External Entities and Proxy.
​
The External Entities model is ideal for small requests and offers high security, though it can be costly for handling large records.
​
In the Proxy setup, the prover communicates with the server through the verifier. This protocol is efficient, reducing cryptographic operations after the initial handshake. However, it introduces additional network trust assumptions and is only resistant to weaker network adversaries.
​
➡️ Complementary Services
​
1️⃣ Attestation Registries
​
> @veraxregistry
> @eas_eth
> @rido_crypto
> @ethsign
​
Attestation registries provide the infrastructure to create various attestation schemas, helping users generate and distribute attestations to other on-chain entities, whether on-chain or off-chain.
​
2️⃣ ZK Coprocessor
​
> @brevis_zk
> @lagrangedev
> @axiom_xyz
> @GetProvably
> @MarlinProtocol
> @PhalaNetwork
> @RiscZero
> @ritualnet
> @spaceandtime
> @ezklxyz
> @union_build
> @SuccinctLabs
> @RelicProtocol
> @HerodotusDev
> @gizatechxyz
> @OraProtocol
> @ElectronZK
​
ZK Coprocessors can verify the authenticity and integrity of data retrieved from the blockchain. They enhance scalability by offloading computations, enabling the validation of SQL queries over large datasets and improving the efficiency of zkTLS operations.
​
...
​
— 📖 References:
​
➡️ @bastian_wetzel - https://t.co/0gL73HlSqz
➡️ @dabit3 - https://t.co/r3kmbrIhOX
➡️ @TelahVC - https://t.co/O3PVj1H8hc
➡️ @delitzer - https://t.co/wORutRgwtr
​
— 🔴| Disclaimer
​
The information provided in this post is not intended as professional financial or tax advice, and we strongly recommend conducting your own research and consulting with a qualified advisor before making any financial or tax-related decisions.

[Kevin Svenson @KevinSvenson_]

#BTC is on track 📈✅
$BTC is on time ⏱✅

If #Bitcoin had already begun trending above the all time high, it would have been very early compared to previous cycles.

Q4 Pumpꜛ ◌ Loading ◌ . . .

#BitcoinHalving
🔗https://t.co/2bZ8zNchgt

[DeFi Dad ⟠ defidad.eth @DeFi_Dad]

💡 When sentiment is this piss poor, I've found the spot buys I begrudgingly make, turn out to be the best trades of the year, in 6-12 months.

🦉 One way to DCA into more BTC or ETH exposure with automated liquidation protection is @indexcoop leverage tokens.

🪙 BTC2X and ETH2X offer 2x leverage exposure on Ethereum Mainnet or @arbitrum, with some ongoing ARB rewards for simply holding the tokens.

⛽️ Minting either token costs $1-$2 in gas on Mainnet and a few cents on Arbitrum.

🟠 https://t.co/6snxbjI7df
🟣 https://t.co/a9yEQxXcyL

[Bitcoin Magazine @BitcoinMagazine]

$108 billion investment firm VanEck is predicting a $2.9 million #Bitcoin price by 2050 and you're bearish? 🚀

[Ash Crypto @AshCrypto]

🚨 BREAKING 🚨

FTX WILL NOW START REPAYING
$16 BILLION TO ITS CREDITORS IN
Q4 2024.

MASSIVE LIQUIDITY INJECTION IS
SUPER BULLISH FOR CRYPTO 🔥

[De.Fi @DeFi]

The First Speaker for DeFi World 2024 ✨

🔷 @CryptoRocky, Founder of @QuickswapDEX - the LARGEST DEX on Polygon by 24h Volume

Roc is a well-known figure in the DeFi space, actively developing the fastest and low-cost trading options

“QUICK” for 30% off
https://t.co/ZFngztdseU

[Milk Road Crypto @milkroaddaily]

‘ @Base reached 14M monthly active users yesterday, it was 11M less than a month ago

Massive growth 🚀