Stacy in Dataland (´⊙~⊙`)

xStocks lets users trade tokenized versions of U.S. equities like Tesla in real time. As with most new markets, activity quickly centered on a few high-volatility favorites — Tesla being the clear standout. It’s no surprise: traders tend to test new platforms with familiar, liquid assets.

Reserve’s TVL recently crossed $500M. The protocol offers a permissionless platform for creating and governing DTFs, positioning itself as an inflation-resistant DeFi solution.

Aave has grown from holding just 10% of the DeFi lending market to dominating with 73% of all active loans. It currently leads with $28.8B — more than double the total of every other protocol combined.

Lombard TGE is happening this week. Here's my invest memo, with some post-TGE FDV scenarios.

Hmm, not too optimistic about Mavryk. Here’s why ↓ CONCERNS • Launching at $100M FDV with TGE price of $0.10 and only 5.6% circulating supply • X mindshare only started growing as they geared up for TGE • Airdrop confirmed for Mavopoly testnet participants + top 250 Kaito Yappers • 7-day delay on airdrop distribution post-listing → still creates overhang • Early investor unlock schedule not fully disclosed • $100M FDV requires significant adoption to justify valuation • Institutional RWA tokenization = long, complex sales cycles STRENGTHS (not FUD, credit where due) • 50K TPS throughput → built for institutional volume • MRC-30 compliance → regulatory-first approach for adoption • Multi-VM support with forkless upgrades → technical flexibility • 1.1B+ transactions processed + 2.2M+ wallets in testnet • $10B+ signed agreements (MultiBank Group, MAG luxury real estate) • Target: $40B in tokenized assets by 2030 VERDICT $MVRK is a high-execution-risk play in an unproven market. Airdrop overhang, regulatory hurdles, and competition from better-funded incumbents could derail the thesis quickly. That said… speculators gonna speculate.

The total supply of stablecoins on Ethereum has hit a record $166B, highlighting growing trust in its role as DeFi’s foundational layer. USDT leads with $87.8B in circulation, followed by USDC at $48B.

BNB has diverged from bitcoin with a -0.27 correlation over the past month — while BTC dropped 6.1%, BNB gained 9.8%. As we approach Q4, typically a bullish quarter, $1,000 looks within reach, with a potential all-time high near $1,500.

$WLD jumped 107% this week on Eightco Holdings’ investment news and now trades at $1.85 with an $18.5B FDV. But World Chain generates just ~$3.3M in annualized fees — implying a sky-high 5,795x FDV/fees multiple. For perspective, OpenAI’s last $300B valuation came with $12B in revenue — a much more grounded 25x.

Top DePIN protocols that don't yet have a token (iykyk) ↓ Full list

Following weeks of rapid growth, Linea now ranks second on Aave with over $1.9B in market size — just behind Arbitrum.

Starknet’s daily transactions have surged 209% over the past month.

Fidelity’s tokenized money market fund on Ethereum has surpassed $200M in supply. Traditional finance is steadily going on-chain.