The memecoin craze is always short-lived, so be prepared for the next wave. Here are 6 narratives and 16 projects to keep an eye on:

1、LSDFi

A protocol layer on top of LSD. It provides developers with new opportunities to build stacks.

Closely:

• unshETH ($USH) recently launched a governance system to balance decentralization between LSD protocols

• Stader ($SD) launches $ETHx, designed to maximize $ETH staking rewards

• StaFi ($FIS)

• Pendle Finance ($PENDLE)

2. DEXs War

ve(3,3) ? Focused flow? Other advanced models? Even if you have great techniques, they will be useless if you can’t channel the focus and flow correctly.

Closely:

• Chronos ($CHR) achieved $250M TVL in its first week of launch, but needs more protocols to list tokens on the platform to sustain the flywheel.

• Trader joe ($JOE): Liquidity Book V2.1 improves almost every aspect of current AMMs.

• Curve ($CRV)’s new LP token has huge potential to beat Uniswap.

• Camelot ($GRAIL) is off to a strong start on Arbitrum and continues to grow.

3. RWA (Real World Assets)

Projects in the space are keeping their heads down, building, and fighting regulations in an effort to successfully connect Web3 to real-world assets and use cases.

Closely:

• Polytrade ($TRADE) enables Web3 users to participate in the corporate trade finance space.

• Centrifuge ($CFG) just hit $200M TVL, bringing institutional liquidity to DeFi.

4. Decentralized Stablecoins

Decentralized stablecoins are the foundation of the entire Crypto ecosystem. New and sustainable decentralized stablecoin projects will gain widespread adoption and improve overall market efficiency.

In my opinion, there are two clear winners:

• Curve’s $crvUSD.

• Frax Finance 的 $FRAX.

5. The Battle for DeFi Yields

Education about DeFi is increasing day by day, and many people understand and start trading by “Yield” and “Interest Rate”. We have already seen a clear example - Pendle and its huge growth.

Closely:

• Pendle ($PENDLE)’s growth has just begun.

• Ipor ($IPOR) recently launched its V2, aiming to become the credit hub of DeFi.

• Flashstake ($FLASH) provides users with upfront returns.

6. Perpetual DEX

Closely:

• GMX ($GMX) : The “King” is about to launch V2.

• Mux Protocol ($MUX) provides great user experience for traders and LPs.

• Level Finance ($LVL) leads the BNB chain.

risk warning:

According to the "Notice on Further Preventing and Dealing with the Risks of Virtual Currency Trading Speculation" issued by the Central Bank and other departments, the above content is only for information sharing and does not promote or endorse any business or investment behavior. Readers are requested to strictly abide by the laws and regulations of their region and not participate in any illegal financial activities.