While some gather to join the fud without looking close enough, TVL on @monad is up 8% today and crossed $170 million for the first time
Stable coin market cap is sitting comfy above $400 million
$MON is also up 38% from the fud led lows
.@Monadโs last 24h looks like someone flipped a switch
๐ Active addresses popped 51% to 113k
โ๏ธ Txns jumped 18% to 2.35M
๐๏ธ Deployments also spiked, hinting at early builder momentum
One of the cleaner growth curves among new ecosystems
December was a tough month for the crypto industry. Driven by broader weaknesses, many tokens had crazy price drops
Of the major assets, $SOL, $ETH and $ADA had the biggest pull backs
What would December bring?
Make no mistake, @CryptoHayes isn't solely responsible for the price drop of $MON. However, he seems to have ignited it
Everyone agrees that the tech is good. The question then is, should all team and investor tokens really be unlocked from day 1?
Join the conversation
Introducing #SolPack, a fun card that returns badges based on your @solana wallet activities
Check yours here
https://t.co/WKzEDvhnhY
PS: Just paste a Solana wallet address to generate one!
Today, weโre launching the $LVL token on @BagsApp and hereโs what you can already do with it:
๐ธ Unlock unlimited access to our crypto-native AI agents when you hold 100k $LVL or more
๐ธ Chat with GrantsPilot, our grant-focused AI agent that delivers custom proposals on demand
Visit - https://t.co/s0OTNmasDt
And this is just the beginning! More utilities are on the way
๐ก All fees generated will go toward building out the full Level 3 Labs ecosystem, and $LVL holders will gain access to future products as we roll them out.
Buy $LVL here: https://t.co/rY7hkEiqeM
If you are wondering how you can secure any of the funding opportunities available on Solana, here's an explanation b one of our video agents
We'll soon launch a Grant Pilot AI-powered dashboard that lets you find any grant or funding opportunity on any chain and hen help you win them
It's free to access, and token-gated to use the AI
There are at least 27 open @solana based funding or grant opportunities you can tap from right now
Here are the top 3:
๐ฃ Standard Solana grants program: https://t.co/0sx07dfbkV
๐ฃ Solana Student Hackathon (registration 20 Novโ7 Dec, build till 19 Dec; $17k in main prizes): https://t.co/PxvHb8S7ax
๐ฃ The Moonshot Fund (Size: $1โ$20,000 per project): https://t.co/dC5NQbX7uO
There are at least 27 open @solana based funding or grant opportunities you can tap from right now
Here are the top 3:
๐ฃ Standard Solana grants program: https://t.co/0sx07dfbkV
๐ฃ Solana Student Hackathon (registration 20 Nov๏ฟฝ๏ฟฝ7 Dec, build till 19 Dec; $17k in main prizes): https://t.co/PxvHb8S7ax
๐ฃ The Moonshot Fund (Size: $1โ$20,000 per project): https://t.co/dC5NQbX7uO
Did you know?
๐ก There are a total of 173 verified recipients of grants from @SolanaFndn and @CoinDCX so far
๐ข Total funding received: $698.5k
๐ข Average per project: $15k in $USDC
This fund was made avaliable to Indian builders across dev, content, and community
If you're from India and need support with funding, you're welcome with open arms at @solana, as they don't discriminate
Check out available opportunities via @superteam here ๐
https://t.co/3w1aE86zlC
It's only been hours since @monad went live on mainnet, and the data speaks for itself
๐ฃ $68m+ TVL
๐ฃ 5m+ successful transactions
๐ฃ 123m stable coin market cap
๐ฃ 240+ projects live
How does this affect the price of $MON? Time will tell
But there's clear adoption here. Ignore the fud and look at the data, it speaks for itself
Gmonad
> One of the fastest growing DeFi protocols to exist
> Self sufficient with no VC funding
> Generating $273m annualized revenue
Here's our analysis of @sparkdotfi, a flagship Defi protocol protecting capital and delivering sustainable yields
Spart is an institutional-grade DeFi protocol for everyone
Looking at data from July alone, Spark now has 17% of the lending market. A 700% increase since July
@aave has the largest market share of the lending market but has since had a 3% drop since July. Note that lending market is different from TVL
Speaking of TVL, Spark boasts of over $8bn at the moment, thanks to data from @DefiLlama, with a peak TVL of $10.4b earlier in November. This represented a 40% TVL increase since July
You can use @sparkdotfi on a number of chains, including Ethereum, Base, Arbitrum, and others. The top 4 chains by TVL are:
๐ธ Ethereum
๐ธ Base
๐ธ Op Mainnet
๐ธ Arbitrum
With Ethereum boasting a 95% mindshare
With all these increases in dominance and TVL, while staying robust and safe to use, you'd think the $SPK token would reflect this strength. But that hasn't been the case
The price of $SPK has dropped more than 86% from its ATHs. Currently at $74m market cap, is a far cry from other top DeFi protocols.
For context, @sparkdotfi generates $273m in annualized revenue at an average of $22m monthly. This places Spark as the 5th non-chain revenue-generating crypto project. Here are the top 5:
๐ธ Uniswap
๐ธ Ethena
๐ธ https://t.co/8YI6IZBIMu
๐ธ Aave
๐ธ Spark
$SPK has a total supply of 10b tokens, with 2.4b of that circulating, and 410m staked
It's incredible what the @sparkdotfi has built with no external funding. A good reminder that you can build something that gains traction as long as it's relevant and a product-market fit
> One of the fastest growing DeFi protocols to exist
> Self sufficient with no VC funding
> Generating $273m annualized revenue
Here's our analysis of @sparkdotfi, a flagship Defi protocol protecting capital and delivering sustainable yields
Spart is an institutional-grade DeFi protocol for everyone
Looking at data from July alone, Spark now has 17% of the lending market. A 700% increase since July
@aave has the largest market share of the lending market but has since had a 3% drop since July. Note that lending market is different from TVL
Speaking of TVL, Spark boasts of over $8bn at the moment, thanks to data from @DefiLlama, with a peak TVL of $10.4b earlier in November. This represented a 40% TVL increase since July
You can use @sparkdotfi on a number of chains, including Ethereum, Base, Arbitrum, and others. The top 4 chains by TVL are:
๐ธ Ethereum
๐ธ Base
๐ธ Op Mainnet
๐ธ Arbitrum
With Ethereum boasting a 95% mindshare
With all these increases in dominance and TVL, while staying robust and safe to use, you'd think the $SPK token would reflect this strength. But that hasn't been the case
The price of $SPK has dropped more than 86% from its ATHs. Currently at $74m market cap, is a far cry from other top DeFi protocols.
For context, @sparkdotfi generates $273m in annualized revenue at an average of $22m monthly. This places Spark as the 5th non-chain revenue-generating crypto project. Here are the top 5:
๐ธ Uniswap
๐ธ Ethena
๐ธ https://t.co/8YI6IZBIMu
๐ธ Aave
๐ธ Spark
$SPK has a total supply of 10b tokens, with 2.4b of that circulating, and 410m staked
It's incredible what the @sparkdotfi has built with no external funding. A good reminder that you can build something that gains traction as long as it's relevant and a product-market fit
Here's a market update from one of our mascots, Baldini. You'll be seeing more him over time
So... the market crashed, and there are lots of talks as to what caused it. What do you think? Share your thoughts in the comment section
Today, I'll be announcing something exciting we've been working on at @Level3Lab
It should be fun. We'll never stop building until we win. And when we do get that win eventually, our goal is to become a mainstay
Locked in
The tale of the past few days, as told by Tripez, the Baldie of the tribe of the stripes
Keep ye these commandments in mind:
I: Thou shalt not rage quit at the bottom
II: When the crowd exits, ask: "who's staying?"
III: If @blknoiz06 tweets despair, prepare to long!
Welcome to the SafuVerse, where identity, learning, and earning collide on @BNBCHAIN.
A digital world built not just for buildersโฆ but for the bold.
At the heart of the SafuVerse is your .safu domain, your on-chain identity and key to everything.
Dear founders:
- Preserve runway & survive until you're inevitable
- Cut personal burnrate, be a cockroach
- Ship early and often and in public
- Join @superteam, @colosseum, @alliance, etc. to accelerate time to market and growth
- Find a cofounder for emotional balance
- Don't launch your product, just keep improving
- 100 users that love your product > 1000 that just like it
- Build on Solana for the biggest possible community, network, and distribution
- Never give up. DON'T DIE!
It's shipping szn ๐ข
Weโve recently received several inquiries from our valued partners asking if YZi Labs has invested in certain projects.
To clarify, all YZi Labs investments are announced through our official channels.
If you donโt see an announcement there, please verify directly with us.
We hope everyone stays safe, and weโll continue doing our best to protect our community. ๐๐