$BABY - A pet deer was seized by the U.S. Government, and it's going viral fast! π±
This has a huge potential to go viral ππ
If major news outlets pick this up, $BABY could hit 50 million in no time.
CA: 6pKHwNCpzgZuC9o5FzvCZkYSUGfQddhUYtMyDbEVpump
Most people see @WalletConnect just as a simple way to connect wallets to dApps.
But thatβs missing the bigger picture. It's an invisible network layer that powers Web3 at scale.
And now, itβs launching its own token π§΅ππ»
We are happy to announce a major update to the burn mechanism of Bitget token (BGB). π₯
The new model links quarterly burn volumes with the BGB amount used for on-chain gas fees through @BitgetWallet GetGas accounts.
A total of 30,006,905 #BGB will be burnt in Q1 2025.
With the upgrade, BGB is becoming a vital bridge between centralized and decentralized ecosystems.
Find out more: https://t.co/9tDiXsr8VY
$HYPE is trying to reclaim a key support level and break the diagonal resistance.
The structure looks promising, so if we cleanly reclaim that level, I can see this moving higher again!
Update time!
After just one hour, $STEVE has soared to a market cap of $472K!
The profits aren't massive yet, but it's a positive sign for the next big move!
Are you still holding on or have you stopped?
Have you seen an orange fish with arms and legs? Meet $STEVE:
+$400K mcap and climbing!
+Looks weird, but the results are solid!
This could be the pick of the day!
Iβm diving into this memecoin and hope you join!
DYOR, NFA.
Ca: 9173rzHbNCNsxP3MGf5hNyYpfeoP8WDhb3p4w7L5pump
Have you seen an orange fish with arms and legs? Meet $STEVE:
+$400K mcap and climbing!
+Looks weird, but the results are solid!
This could be the pick of the day!
Iβm diving into this memecoin and hope you join!
DYOR, NFA.
Ca: 9173rzHbNCNsxP3MGf5hNyYpfeoP8WDhb3p4w7L5pump
Wow, this post is so exciting! Cryplex AI offers a great chance with decentralized data storage. Earning Cryplex Points by sharing space is brilliant!
With $23M backing from HuntX Labs, this is a gem not to miss. Smooth interface and confirmed airdrop-perfect time to get in!
DeFi is expanding both vertically and horizontally.
Vitalik Buterin believes 'L2 solutions are crucial for Ethereum's scalability. L2s fulfill the need for:
+ improved security
+ interoperability
+ faster deposit/withdrawal times
while also advocating for increased blob space and prioritizing P2P.'
That's precisely what @arbitrum is contributing to DeFi.
βΈ The undeniable 1st place of Arbitrum
According to L2bearm, total value secured (TVS) on Arbitrum has surpassed $10.34b, making it the first L2 network to cross $10b.
How is this TVS calculated?
+ $ARB: 12.5%
+ Stablecoins: 48.2%
+ Ether (gas): 18.72%
+ Other assets: 20.57%
Thus, if we count the native value only, the figure is around $5.47b.
Counting users' operations per second, Arbitrum records 66.13m in the past 30 days, which doubles Ethereum.
Moreover, Arbitrum is about to be the first L2 to pass $300b in all-time volume on Uniswap β totally the Home of DeFi.
βΈ Home of DeFi
@arbitrum has fulfilled its ecosystem map with all the major DeFi legos:
+ Yield staking: @pendle_fi, @magpiexyz_io
+ DEX: @Uniswap, @CamelotDEX
+ Lending: @aave, @0xfluid, @compoundfinance
+ Derivatives trading: @GMX_IO, @vertex_protocol
+ RWA: @FTI_US, @Spiko_finance
Moreover, Arbitrum is strongly supported by the cross-chain infra builders like @axelar and @StargateFinance to help onboarding fresh money to the network.
Arbitrum's latest upgrade Stylus, is a fresh breath to boost all builders on the network.
In basic knowledge, Stylus allows developers to write smart contracts in C, C++, and Rust - being more accessible to all new projects.
During the welcoming phase of Arbitrum Stylus, there's also a $5M ARB fund for 17 teams.
More details on the map below.
βΈ How to start your DeFi journey on Arbitrum
I believe bridging to Arbitrum is super easy right now, the proof lies in the massive amount of stablecoins on the network.
+ For newbies, you can directly withdraw your assets from popular CEXes like Binance, OKX or Bybit
+ In case you want to send assets from other networks, visit: https://t.co/ztTOkLfgOf
+ Feel free to use third-party bridges: Stargate, Orbiter or Wormhole
1. For yield lovers
@pendle_fi is the 1st Yield protocol on Arbitrum with around $45.84m TVL.
Although yield is not the strongest narrative on Arbitrum, users can still find up to up-to-23.77% fixed APY on Pendle.
Visit: https://t.co/5nztlUWxxi
Select Arbitrum to filter out the appropriate pools.
+ ePENDLE and mPENDLE have the highest fixed APY and also the largest liquidity.
+ gUSDC (from @gains_trade) is the top stablecoin with the highest fixed APY of over 9%.
2. For Derivatives lovers
It's undeniable that @GMX_IO currently has the largest trading volume, mainly coming from Arbitrum.
Total volume on GMX reached over $281.6b with over 701.4k users.
With these stats, total fees generated from GMX are massive at over $400m.
Remember that perpetuals trading requires a higher knowledge of trading.
How to trade on GMX:
+ Visit: https://t.co/JEh3h1pQ4w
+ Connect your wallet
+ Check the Dashboard to see which assets have large liquidity. Choose BTC or ETH to trade
GMX is believed to be the first DEX to offer derivatives trading. Despite the bad market, perp trade is still a money-printing aspect if you can master it.
βΈ Final take:
Above are some of my suggestions on how to kickstart your DeFi adventure on @arbitrum.
Choosing a top network to place your assets is a smart choice during the darkest days.
Remember to let your assets generate yields, never stand still.