Oct Crypto Trends: LSD, RWAs, STIP Highlights


The cryptocurrency space is always in flux, with new narratives and trends emerging at a rapid pace. This October, several token narratives have caught my attention. Starting with Liquid Staking Derivatives (LSD) and Restaking, we're seeing significant movements with platforms such as @redactedcartel and their pxETH launch, closely followed by the anticipated DINERO stablecoin unveiling. @foldfinance is not far behind with its migration of crETH2 and the imminent launch of its MEV protocol.



The spotlight on Real World Assets (RWAs) is increasing, with entities like @MakerDAO doubling their DAI debt ceiling, which is predicted to lead to higher revenues. The upcoming v3 launch from @fraxfinance is anticipated to mirror the functionality of bringing T-bill yield on-chain, akin to Maker. Meanwhile, @CantoPublic is taking a similar route with its innovative approach of bringing T-Bills on-chain using NOTE.



The Arbitrum Short Term Incentive Program (STIP) has been buzzing with activity. Notable mentions include @RDNTCapital's impending Ethereum mainnet launch and @pendle_fi, which has been consistently hitting new highs in total value locked (TVL). The voting progress for a considerable 3 million @arbitrum allocation at @CamelotDEX is also gaining momentum.



Perp Dexes are undeniably shaping the market. Platforms like @GMX_IO stand a chance to secure a whopping 14 million $ARB grant. Another interesting development is the v4 launch by @dYdX as a Cosmos app-chain, and the anticipated surge in staker fees by 60-80% on @GainsNetwork_io.



Liquid Staking Derivatives Finance (LSDFi) is making waves with @PrismaFi's incentivized launch of mkUSD and @ethena_labs' delta-neutral stablecoin launch $USDe. The recently introduced tokenomics by @raft_fi is an addition to this narrative.



Solana's ecosystem continues to grow, with platforms like @jito_sol witnessing a swift rise in TVL. Nearly 30% of Solana Validators are now using Jito, while @MarinadeFinance remains the most substantial LSD provider.



The Cosmos network has a slew of developments, including @stride_zone emerging as the most significant LSD protocol for $ATOM and @NomicsFinance's endeavor to bring native BTC to Cosmos.



GambleFi, represented by platforms like @rollbitcom, is adding innovations like trackable BuyBack and Burn mechanisms on-chain, while @shufflecom has revamped its platform with a sleek user interface.



Lastly, in the miscellaneous category, tokens like @worldcoin have been rallying from their $1 lows and may face a squeeze due to heavy shorting. @chainlink is progressing with its CCIP and smart contract developments, and @telegram's TON has been discreetly rallying, reaching the top 10 coins post its wallet launch.



Special thanks go out to several individuals, including @0xRemiss, @0xMughal, and @arndxt_xo, among others, for their invaluable insights that helped in navigating the intricate crypto market landscape.



Remember, the information presented here is not financial advice (NFA), and it's crucial to do your own research (DYOR) before making any investment decisions.




Oct Crypto Trends: LSD, RWAs, STIP Highlights


The cryptocurrency space is always in flux, with new narratives and trends emerging at a rapid pace. This October, several token narratives have caught my attention. Starting with Liquid Staking Derivatives (LSD) and Restaking, we're seeing significant movements with platforms such as @redactedcartel and their pxETH launch, closely followed by the anticipated DINERO stablecoin unveiling. @foldfinance is not far behind with its migration of crETH2 and the imminent launch of its MEV protocol.



The spotlight on Real World Assets (RWAs) is increasing, with entities like @MakerDAO doubling their DAI debt ceiling, which is predicted to lead to higher revenues. The upcoming v3 launch from @fraxfinance is anticipated to mirror the functionality of bringing T-bill yield on-chain, akin to Maker. Meanwhile, @CantoPublic is taking a similar route with its innovative approach of bringing T-Bills on-chain using NOTE.



The Arbitrum Short Term Incentive Program (STIP) has been buzzing with activity. Notable mentions include @RDNTCapital's impending Ethereum mainnet launch and @pendle_fi, which has been consistently hitting new highs in total value locked (TVL). The voting progress for a considerable 3 million @arbitrum allocation at @CamelotDEX is also gaining momentum.



Perp Dexes are undeniably shaping the market. Platforms like @GMX_IO stand a chance to secure a whopping 14 million $ARB grant. Another interesting development is the v4 launch by @dYdX as a Cosmos app-chain, and the anticipated surge in staker fees by 60-80% on @GainsNetwork_io.



Liquid Staking Derivatives Finance (LSDFi) is making waves with @PrismaFi's incentivized launch of mkUSD and @ethena_labs' delta-neutral stablecoin launch $USDe. The recently introduced tokenomics by @raft_fi is an addition to this narrative.



Solana's ecosystem continues to grow, with platforms like @jito_sol witnessing a swift rise in TVL. Nearly 30% of Solana Validators are now using Jito, while @MarinadeFinance remains the most substantial LSD provider.



The Cosmos network has a slew of developments, including @stride_zone emerging as the most significant LSD protocol for $ATOM and @NomicsFinance's endeavor to bring native BTC to Cosmos.



GambleFi, represented by platforms like @rollbitcom, is adding innovations like trackable BuyBack and Burn mechanisms on-chain, while @shufflecom has revamped its platform with a sleek user interface.



Lastly, in the miscellaneous category, tokens like @worldcoin have been rallying from their $1 lows and may face a squeeze due to heavy shorting. @chainlink is progressing with its CCIP and smart contract developments, and @telegram's TON has been discreetly rallying, reaching the top 10 coins post its wallet launch.



Special thanks go out to several individuals, including @0xRemiss, @0xMughal, and @arndxt_xo, among others, for their invaluable insights that helped in navigating the intricate crypto market landscape.



Remember, the information presented here is not financial advice (NFA), and it's crucial to do your own research (DYOR) before making any investment decisions.



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