Estimated Read Time: ~4 minutes
⚡In Today’s Edition
Where the crypto market might be headed next
friend.tech effectively shut down
Introducing LlamaFeed
The future of Solana
📖 Recommended Reads
⚡Is the crypto market a crystal ball into the future?
Crypto’s relationship to the macro cycle & where we might be headed next
⚡End of an era? friend.tech creators walk away
Creators of the friend.tech project transferred code ownership rights to a null address
⚡Travala🤝Skyscanner: crypto payments available to 100M monthly users
Crypto-native travel platform Travala partners with travel aggregator Skyscanner, allowing crypto payments to be used for any of Skyscanner’s 80 billion daily travel searches
⚡What does the future of Solana look like?
Key “Solana the Modular” insights from Delphi Digital research
⚡Digital asset investment products see largest outflows since March
Global tracking shows outflows almost entirely from the US
Dynamo DeFi Referrals
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🔢Onchain Analysis
DePIN Usage Grows as Projects Find Product-Market Fit
The growth of the DePIN sector remains impressive even as market activity has slowed down.
Helium Mobile, a decentralized mobile network offering a $20/month unlimited data plan in the US, has more than 113k Mobile Subscriber NFTs. The NFTs are minted each time a new Helium user signs up.
Hivemapper has thousands of users independently building a map of the world. 26% of global roads have been mapped, all by a decentralized userbase.
And Hivemapper is still finding new users - both contributors and map users.
5 Ways Crypto is Being Used in the Real World
🚜Farm of the Week
SOL-USDC on Orca
Orca is a leading liquidity layer on Solana, boasting over $275M in TVL. There are solid yields on lots of pairs - if you’re holding tokens on the Solana network, there’s a good chance you can find a pair earning a decent APY on Orca.
How it Works
Earn nearly 90% APY supplying SOL & USDC to Orca’s pool.
To do this, simply click Deposit, select Full Range and the amount of SOL & USDC you’d like to supply. That’s it!
Risks
Impermanent Loss
⚡Get Better at DeFi with Dynamo DeFi Pro
Take your crypto expertise to the next level with Dynamo DeFi Pro, the premium service designed to provide you insights into the on-chain economy and the knowledge to conduct your own in-depth research.
Dynamo DeFi Pro members gain access to:
⚡Exclusive Discord Community - Engage in lively discussions on trading strategies, on-chain data and airdrop alpha, and get real-time DeFi alerts sent to you. Learn more here.
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⚡Premium Newsletters & Curated Data Analysis - Receive actionable insights and special in-depth reports on tokens with strong fundamentals.
⚡In-Depth Pre-Recorded Videos - Watch comprehensive videos where I share my research process. View past videos here.
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🛠️Tool Spotlight
LlamaFeed is Your Go-To Landing Page for Everything Crypto
Ever feel like it’s impossible to stay on top of everything in crypto?
LlamaFeed is a brand new tool that tracks a ton of key metrics and makes it easy for you to keep up.
The customizable interface helps you prioritize the most important metrics.
Drag & drop the data feeds to your liking, and use the LlamaSearch integration to safely search protocols, addresses and charts without the risk of malicious links.
Standout features:
News & tweets
CEX activity
Governance proposals
Token unlocks
Prediction market odds
Claimable airdrops
More helpful DeFi Tools: The Dynamo DeFi Crypto Tools List
🗳️Prediction Pulse: Forecast the World Better
Prediction Pulse is a new newsletter launched by the Dynamo DeFi team about prediction markets.
On Tuesdays and Fridays, you get everything you need to know about the upcoming election, trending markets with the biggest moves, and our favorite prediction market picks to capitalize on🤝
Prediction markets are one of the fastest growing crypto verticals. Join thousands of subscribers and get critical updates & picks on crucial markets.
📅Key Events This Week
Macro Events
📊US Trump-Harris debate - September 10th
📊August CPI Inflation data - September 11th
📊Initial Jobless Claims data - September 12th
📊US PPI - September 12th
Token Unlocks
🔓TokenUnlocks: Track token unlocks and make better investment decisions. Use my code DDNM5 for 5% off Pro Plans.
🔓XAI (6.29%) - September 9th
🔓WOO (1.16%) - September 9th
🔓APT (2.32%) - September 11th
🔓CLEV (3.1%) - September 11th
🔓IO (2.22%) - September 11th
🔓 UXP (2.53%) - September 13th
🔓CYBER (3.81%) - September 13th
🔓PERP (0.9%) - September 14th
🔓ARB (2.64%) - September 14th
🔓PSP (1.32%) - September 14th
🔓APE (1.1%) - September 15th
Launches & Updates
Note that these launches are mostly unvetted by the Dynamo DeFi team and this isn’t an endorsement of any of them.
🚀 Coreum Bidd’s launch - September 9th (Source)
🚀 Arbitrum first NFT launch by Stylus - September 9th (Source)
🚀 Enjin blockchain upgrade - September 9th (Source)
🚀 Fractal mainnet launch - September 9th (Source)
🚀 BEBE new game launch - September 10th (Source)
🚀 Hedpay launch - September 10th (Source)
🚀Emorya app launch on multiverse X- September 15th (Source)
⚡Favorite Resources
If you want to dive deeper, here are some of my favorite resources:
🛠️ The Dynamo DeFi Crypto Tools List: A comprehensive list of 100+ crypto tools to help with portfolio tracking, analytics, airdrops and more.
🚀 RocketX: The 1-stop-shop to get the best rates for on-chain & cross-chain swaps.
🛡️ Ledger: The smartest way to secure your crypto. Buy & sell crypto with full control over your assets.
For more frequent content, follow me on Twitter and YouTube.
Until next time,
Dynamo DeFi
