Top Lending DeFi protocols by Total Value Locked (TVL)
DeFi lending is similar to traditional bank lending but is facilitated by decentralized applications. It involves depositing crypto assets on a DeFi platform, where they can be borrowed by other users, allowing the lender to earn interest.
Grapes (GRAPE) announced the launch of GrapesPad
GrapesPad is the all-in-one platform for launching projects on multiple chains and conducting public sales. The platform also offers GRAPE farming with a 35% APR. Grapes, backed by Animoca Brands, is an NFT collection of 3,333 unique pieces.
👉 x.com/GrapesPad/status/1803080892023251260
Top 15 projects by positive market sentiment on Oriole Insights
Oriole Insights is a gamified prediction platform harnessing collective wisdom. The list of projects by Bullish expectations with a minimum of 50 predictions and 500 ORI pooled.
👉 https://app.orioleinsights.io/projects
Sophon (SOPH) farming period has officially started
Users can now register to farm Sophon Points (SP) which can later be redeemed for SOPH. The initial assets available for staking are BEAM and BEAM/ETH LP with more assets to become available soon. 10% of the total SOPH supply will be designated as rewards for farming.
👉 farm.sophon.xyz/
LayerZero (ZRO) has rolled out an Airdrop Wallet Checker
Users can now check their allocation via Airdrop Checker. ZRO token current price on pre-markets is 1 ZRO = $4.2. Major exchange already started to confirm ZRO listing on June 20, 10:00 AM UTC. LayerZero is an omnichain messaging protocol.
👉 x.com/layerzero_fndn/status/1803294040068165809
Renzo (REZ) secured $17 million via two investment rounds
Galaxy Ventures and Brevan Howard Digital led the financial round. Other investors include Consensys, Maven 11, Figment Capital, SevenX Ventures, and Bankless VC, among others. Renzo is an ETH restaking protocol built on the EigenLayer framework.
👉 coindesk.com/tech/2024/06/18/renzo-capitalizes-on-restaking-frenzy-to-raise-17m-from-galaxy-brevan-howard
Solana Layer 2 Sonic raised $12 million in a Series A funding round
Bitkraft Ventures led the Series A funding round. Among other participants are Galaxy Interactive, Big Brain Holdings, OKX Ventures, Sky9 Capital, Mirana, and Sanctor Capital. Sonic is the first atomic SVM Layer 2 built on Solana.
👉 x.com/SonicSVM/status/1803050032448311308
Coinbase has launched the Pre-Launch Markets
Pre-launch markets now live on Coinbase International Exchange and Coinbase Advanced enabling users to trade perpetual futures contracts on tokens that haven’t launched yet. The initial asset on pre-launch market is EIGEN.
👉 x.com/CoinbaseIntExch/status/1802777984610541813
Azuro (AZUR) to conduct initial listing and airdrop this week
Token launch will happen on Uniswap v3 (Ethereum) and CEXs. Launch expected today or tomorrow. Initial Diluted Valuation is $75M. Initial Market Cap is ~$11.4M. Azuro is the infrastructure layer for sport and entertainment prediction markets within EVM chains.
👉 x.com/azuroprotocol/status/1802687368865931509
SatoshiVM (SAVM) launches MultiToken Bridge
The bridge features low fees and allows users to deposit EVM assets to invest in BTC, BRC-20, Runes, and other Bitcoin native assets directly on SatoshiVM. SatoshiVM is a Bitcoin ZK Rollup Layer 2 compatible with the EVM ecosystem.
👉 x.com/satoshivm/status/1802400851136569833
Crypto Events Recap, June 15-17
👉 cryptodiffer.com/feed/project-updates/crypto-events-recap-june-15-17-2024
Mystiko (XZK) to conduct its listing on multiple exchanges
The XZK trading will go live on Bybit, Gate, Coinlist, and Bitget on June 18th at 10:00 AM UTC. Mystiko is the zero-knowledge technology (ZK) layer of Web3 backed by Sequoia, Samsung Next, Hashkey, Coinlist, Morningstar Ventures, and others.
👉 x.com/Bybit_Official/status/1801555180061704648
bitsCrunch (BCUT) launches the Crunchers Series with 200K BCUT in rewards
Users will be able to earn points by creating content showcasing bitsCrunch tools. Participants will be eligible for the airdrop sharing a prize pool of 200,000 BCUT. bitsCrunch is an AI-enhanced data network that delivers NFT analytics and forensic data.
👉 blog.bitscrunch.com/bitscrunchs-biggest-community-airdrop-campaign-ever-6dfe9cf97e1d
Itheum (ITHEUM) launches its Data NFTs on Solana
Data NFTs allow musicians, artists, or authors to tokenize skills, enabling shared ownership and access through multiple copies of Data NFTs on Solana blockchain. Itheum empowers data ownership in the Web3 and Metaverse ecosystems.
👉 x.com/itheum/status/1801201727263084607
AIT Protocol (AIT) unveiled its roadmap for 2024-25
The roadmap features multiple new products in the coming year, among them are a product recommendation engine, AI chatbots, AI content generators, and much more. AIT Protocol is a Web3 data platform specializing in data annotations and AI model training.
👉 x.com/AITProtocol/status/1801626753690935398
Binance launches HODLer Airdrops to BNB Holders
Users who subscribe to Simple Earn using BNB will receive airdropped tokens issued by projects that intend to soon list on Binance. Airdrops are based on random snapshots of users' BNB balances, starting today.
👉 binance.com/en/support/announcement/binance-launches-hodler-airdrops
RunesTerminal (RUNI) to conduct its IDO on Runespad on June 21
Registration is now live until June 21st. IDO Price is $0.945. IDO Hard Cap is $80,000. Diluted Valuation is $19,845,000. Previously, RunesTerminal announced its IDOs on Seedify, ChainGPT Pad, and CV Pad. RunesTerminal is an infrastructure provider on Bitcoin.
👉 x.com/runes_terminal/status/1803155594184106286
Top-15 DePin Coins by Market Capitalization
DePIN stands for Decentralized Physical Infrastructure Networks, which utilize blockchain and token rewards to construct and manage real-world infrastructure.
Rango Exchange received an investment from Binance Labs
Rango, a cross-chain DEX and bridge aggregator, currently supports over 60 blockchains, 70+ DEXes, and 20+ bridges, boasting a total transaction volume that exceeds $3 billion.
👉 binance.com/en/blog/ecosystem/binance-invests-in-rango
DAILY CRYPTOMARKET REVIEW
Total Market Capitalization: $2.49T (+0.24%)
BTC Price: $65,112 (-0.97%)
BTC Dominance: 51.5% (-0.60%)
Fear & Greed Index: 64 (Greed)
Total Value Locked: $162B (+3.10%)
Hashkey unveiled its HSK platform token and community airdrop
HSK is scheduled to launch a community airdrop in late June, while TGE is expected in the third quarter. HashKey Group’s core businesses include HashKey Capital, HashKey Cloud, HashKey Exchange, HashKey Chain, and HashKey NFT.
👉 theblock.co/post/300569/hashkey-token-airdrop
Wasabi Protocol has closed a $3M in a seed funding round
The funding was led by Electric Capital, with Alliance, Memeland, Spencer Ventures, Coingecko Ventures, Canoncial Crypto, Sharding Capital and others participating. Wasabi is the Memecoin and NFT leveraged trading protocol.
👉 x.com/wasabi_protocol/status/1802737344220483656
DAILY CRYPTOMARKET REVIEW
Total Market Capitalization: $2.49T (-1.95%)
BTC Price: $65,733 (-0.69%)
BTC Dominance: 52.1% (+0.70%)
Fear & Greed Index: 74 (Greed)
Total Value Locked: $158B (-4.21%)
The biggest Fundraising Rounds conducted in the last 7 Days
Projects that received the most funding are Nexus Laboratories ($25M), a ZKP virtual machine, Layer3 ($1M), a token distribution protocol, and Nuffle Labs ($13M), a NEAR modular product suite developer.
Synthr (SYNTH) launches the syCREDITS 2.0 on its Testnet
Users can earn 50,000 syCREDITS by performing on-chain transactions, claim the immortal badge, get 5X syCREDITS via the Zealy quests, and more. Synthr is an interoperable omnichain liquidity protocol that enables slippage-free cross-chain transfers.
👉 x.com/synthr_defi/status/1801688340640710757
Top 15 projects by positive market sentiment on Oriole Insights
Oriole Insights is a gamified prediction platform harnessing collective wisdom. The list of projects by Bullish expectations with a minimum of 50 predictions and 500 ORI pooled.
👉 https://app.orioleinsights.io/projects
KIP Protocol (KIP) announced a partnership with Lingo
This collaboration focuses on communities, allowing KIP Protocol users to earn rewards through Lingo's SocialFi campaigns, and vice versa for Lingo’s community. Previously, KIP has opened Checker Nodes whitelist registration via Google Form.
👉 kip.pro/blog-posts/kip-partners-with-lingo-socialfi
DAILY CRYPTOMARKET REVIEW
Total Market Capitalization: $2.54T (-0.36%)
BTC Price: $66,216 (-0.06%)
BTC Dominance: 51.4% (0.00%)
Fear & Greed Index: 71 (Greed)
Total Value Locked: $165B (+0.54%)