Aptos TVL Quietly Surges

Estimated Read Time: ~5 minutes

In Today’s Edition

  • Sectors & projects with the most potential

  • 2 Sei airdrop opportunities

  • Fed interest rate decision this week

  • Visa’s stablecoin report

Image

Subscribe now


📖 Recommended Reads

Interesting projects & narratives that could still do well this cycle

Extensive list of sectors that could have what it takes to succeed

Visa, Artemis & Castle Island collaborate on the future of payments

Payment giant teams up with Artemis & CIV to provide comprehensive research and the Visa Onchain Analytics Dashboard

Crypto Wayback Machine

A look into the biggest changes of the last 365 days

Digital asset investment products see surge in inflows

Bitcoin was the primary focus from US investors

Interest rate cuts: good or bad for Bitcoin?

A data-driven look at investor confidence going into this week’s Fed meeting



Dynamo DeFi Rewards

Get rewarded for referring your friends to Dynamo DeFi.

💵Earn rewards for supporting the newsletter - get an infographic with all the best crypto tools after just one referral.

💵Refer 3 friends and get a full month of Dynamo DeFi Pro (the best place to make more money in crypto & DeFi) completely free.

💵Refer 15 friends and you’ll get six months of Dynamo DeFi Pro on us!

Hit the button to see our referral page and copy the link there to share with anyone & start earning rewards.

Refer Friends


🔢Onchain Analysis

Aptos Fundamentals Quietly Strengthen

Protocols like Sui and Sei have received lots attention lately as their TVLs and overall usage grow.

In the last month, Aptos saw similar growth without the same appreciation in token price as Sui, for example. TVL is up nearly 20% in the last month.

A good way to measure true TVL growth is to denominate TVL in a chain’s gas token, in this case APT. Given the increase in TVL in dollar terms and a decrease in the APT token price, we can see a much clearer growth picture when we denominate the chart in APT.

35x TVL increase in less than a year

Year-to-date, monthly active addresses on Aptos doubled, with 3 months of consecutive growth.


🚜Farm of the Week

2 Sei Airdrop Opportunities at the Same Time

Sei is an up-and-coming layer 1 chain that’s catching fire. If you’re holding SEI tokens, or want to hold SEI tokens & accumulate more, this is a good way to capitalize on the chain’s growth.

How it Works

  1. Bridge to Sei from any chain using RocketX Exchange

    1. You can cross-chain swap nearly any token from any chain

    2. Select Sei as the destination chain and SEI as the end token

  1. Liquid Stake SEI through Silo Stake

    1. Points program coming soon

    2. Earn 4% on SEI tokens while receiving iSEI tokens that you can use anywhere in the ecosystem

  2. Supply iSEI on Yei Finance

    1. Ongoing points program

    2. Earn an additional 4% on iSEI tokens

Risks

More Yield Farms in September for Airdrops & Income


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.

Live Community Calls & AMAs - Join 3X monthly live sessions with our community and get all your questions answered in real-time.

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.

Monthly Group Strategy Calls - Participate in exclusive monthly video calls to discuss market trends, the latest in crypto, and more. Access calls here.

Get ahead with Dynamo DeFi Pro, for just $11/month (less than the cost of lunch in most countries).

Subscribe to Dynamo DeFi Pro


🛠️Tool Spotlight

IntoTheBlock: In-Depth Metrics Across Markets

IntoTheBlock provides valuable insights such as ownership distribution, Telegram sentiment, the percentage of token holders that are profitable / unprofitable, and much more.

These metrics are available across multiple sectors, and IntoTheBlock has custom indicators for major protocols.

There’s even hourly price predictions that IntoTheBlock sources from machine learning models.

More helpful DeFi Tools: The Dynamo DeFi Crypto Tools List

Subscribe now


🗳️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.

Subscribe for Free


📅Key Events This Week

Macro Events

📊 August Retail Sales data - September 17th

📊 Fed Interest Rate Decision - September 18th

📊 FOMC press conference - September 18th 

📊 US crypto hearings - September 18th

📊 August Existing Home Sales data - September 19th

Token Unlocks

🔓TokenUnlocks: Track token unlocks and make better investment decisions. Use my code DDNM5 for 5% off Pro Plans.

🔓ARB (2.65%) - September 16th

🔓APE (2.31%) - September 17th

🔓PIXEL (7.05%) - September 17th

🔓PRIME  (1.62%) - September 17th

🔓 ZETA (2.33%) - September 17th

🔓FTN (2.1%) - September 19th

🔓MANTA (2.62%) - September 19th  

🔓BICO (0.75%) - September 22nd

🔓ID (4.29%) - September 22nd

Launches & Updates

Note that these launches are mostly unvetted by the Dynamo DeFi team and this isn’t an endorsement of any of them.

🚀 Solplex beta launch - September 16th (Source)

🚀 Axon DAO withdraw feature launch - September 17th (Source)

🚀 Qorpo token burn - September 17th (Source)

🚀 K9 mainnet launch - September 18th (Source)

🚀 Dusk mainnet launch - September 20th (Source)

🚀Konnekt VPN token burn - September 20th (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.

Subscribe now

Until next time,

Dynamo DeFi

Sector:
Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
3
Add to Favorites
Comments