Down Only Szn

In Partnership with Vector Reserve

EigenLayer mainnet is live and is expected to be a potential $1bn airdrop. The liquid restaking narrative is heating up, and you can get exposure to it today with Vector Reserve. Not only has the project hit $20mm in TVL for its vETH product, but it also offers 45% yields + exposure to EigenLayer and other LRT reward points (Renzo, EtherFi, etc). Vector is one of the cleanest ways to get beta exposure ahead of EigenLayer’s upcoming token launch. The team also just burned $130mm of VEC tokens, sustained by its LPD product success and limited need for emissions.

Down Only Szn

Markets are red across the board. But here are the most interesting projects, narratives, news and upcoming launches you should be following:

A $1bn+ DePin Network Launching this Month

io.net recently partnered with Aptos, the leading L1 blockchain. There are now over 500k+ GPUs on its network, equating to billions of effective GPU assets. The network will launch its token later this month, and is primed to be one of the most exciting DePin launches yet.

SMART MONEY CORNER - Presented by chainEDGE

  • Light and choppy day for inflows. TRUF, DEAI, Boop, BVM, GNUS and RB all notably catching bids in a tough market

  • On the SOL side of things, DOG lead inflows over the past 24 hours, with smaller buys in others

  • Hobbes, WIF, boden and POPCAT are smart money favorites on SOL, each with $800k+ of smart holdings (and 4+ smart wallets over $10k)

  • On the EVM side, BVM has found its home as a “safe space” for smart money, with mostly position trimming across the board. TOSHI has notably made its way into the top 10 and Fren Pet has made it into the top 20.

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Disclaimer: This content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. The author may also have positions in the tokens mentioned in the content, so please do your own research.