Ahmed_sandhu

1. Produk dan Desain Protokol

Falcon Finance dibangun di atas Ethereum dan fokus pada dolar sintetisnya, USDf, yang tetap stabil dan overcollateralized (rasio 103,87%, cadangan $2,3B mendukung suplai $2,1B).

Protokol mendukung lebih dari 16 aset jaminan, termasuk BTC, ETH, SOL, USDT, USDC, dan RWA seperti T-bills, emas (XAUt), dan JAAA dari Centrifuge.

USDf dicetak dengan menyetorkan aset pada jaminan 120–150%; Falcon menggunakan hedging delta-netral untuk mempertahankan stabilitas harga antara $0,99 dan $1,01.

Overview of Falcon Finance

Falcon Finance is a DeFi lending protocol designed to proactively manage risk and maintain stability.

Unlike traditional systems that react to market volatility, Falcon’s risk engine anticipates stress by monitoring real-time data such as price variance, trading volume, and liquidity depth.

How the System Works

The protocol uses live data feeds for every asset deposited, tracking not just prices but also liquidity across exchanges, volatility history, and oracle lag.

It automatically adjusts collateral requirements and exposure based on asset correlations and market conditions, aiming to prevent sudden liquidations and maintain balance.

Recent Developments

As of December 2025, Falcon Finance has added tokenized Mexican CETES to its USDf collateral framework, further diversifying its asset base.

The system connects on-chain and off-chain financial systems, enhancing its ability to stay balanced during market fluctuations.
$FF

1. Concept and Purpose

Falcon Finance introduces USDf, a synthetic dollar designed to be a neutral settlement asset in the crypto ecosystem.

Unlike most stablecoins, USDf is backed by collateral that exceeds the issued amount and uses market-neutral strategies to maintain stability.

The goal is to provide a predictable, reliable currency for both DeFi and traditional finance, bridging the gap between regulated and decentralized systems.

2. Mechanism and Stability

USDf is not intended to compete directly with fiat-backed coins or purely synthetic assets.

It is managed through a protocol that automatically rebalances collateral, including liquid tokens, tokenized assets, and synthetic debt positions.

This structure helps USDf remain stable and impartial, absorbing volatility from any single asset class.

3. Use Cases and Impact

USDf is built for settlements and collateralization, not for speculative yield.

Its reliability and neutrality make it suitable for institutions and DeFi protocols needing a trustworthy unit for payments, loans, and on-chain accounting.

If widely adopted, USDf could become an invisible but essential infrastructure layer, supporting both traditional and decentralized financial systems without inheriting external risk models.

​The cryptocurrency market faced a brutal washout on Friday, with nearly $2 billion in leveraged positions liquidated in a 24-hour period as the price of Bitcoin (BTC) plummeted to its lowest level in months, briefly touching $81,868.

​The sudden cascade has pushed the total crypto market capitalization below the $3 trillion mark for the first time since spring, signaling a dramatic shift in market sentiment from euphoria to "extreme fear."

​Bitcoin's Sharp Retreat Triggers Mass Liquidations

​The primary catalyst for the mass liquidation event was the sharp, accelerated decline in Bitcoin's price. BTC is now trading over 30% below its October all-time high, making November its worst monthly performance since the 2022 crypto winter.

​Mass Exodus: Data from CoinGlass shows that over 390,000 traders were forced to close their leveraged positions.
​Longs Bear the Brunt: The vast majority of liquidations—approximately $1.8 billion—were concentrated in "long" positions, bets that the price would rise. This indicates that traders were caught off guard by the severity and speed of the decline.

​The Biggest Loss: The single largest liquidation order on record was a staggering $36.78 million BTC-USD position taken out on the Hyperliquid decentralized exchange, underscoring the massive capital destruction.

​The forced selling created a dangerous feedback loop, where falling prices triggered automated liquidations, which in turn put further downward pressure on prices, magnifying the crash.

​💸 Institutional Outflows and Macro Fears

​The rout is not purely internal to the crypto market. Analysts point to a confluence of external factors that have accelerated the sell-off:

​Record ETF Outflows: US-listed spot Bitcoin Exchange-Traded Funds (ETFs) have seen massive redemptions. On Thursday alone, ETFs saw $903 million in net outflows, the second-largest daily redemption since their launch. This suggests that institutional confidence is weakening and is fueling the drawdown.

​Mixed Macro Sentiment: Shifting expectations for Federal Reserve interest rate cuts, coupled with weaker-than-expected US labor data, have sparked a broader "risk-off" mood in global markets. Cryptocurrencies, often viewed as high-risk assets, tend to be the first to suffer during such shifts.

​Liquidity Vacuum: Several analysts note that liquidity has been "thinning into a full-scale vacuum," meaning there are fewer buyers willing to step in and absorb the massive selling pressure, making the price drops more dramatic.

​The Path Ahead: Extreme Fear Takes Hold

​The market-wide panic has sent the Crypto Fear & Greed Index plunging to a score of 11, firmly in the "Extreme Fear" zone, a level of distress last seen during the FTX collapse.

​Bitcoin's critical breakdown below the average cost basis of active investors has now shifted focus to the next major technical support level, with some analysts warning that a slide toward $75,000 could be the next test before a "full bear confirmation."

​For now, the market is bracing for continued volatility as forced sales and capitulation by short-term holders overwhelm demand, creating the heaviest realized losses since the FTX crash. The question remains: has the market fully flushed out the excessive leverage, or is there more pain to come?

Canary Capital, Bitwise, Franklin Templeton, dan 21Shares mengajukan pernyataan pendaftaran S-1 yang direvisi untuk dana yang diperdagangkan di bursa XRP spot, memperkenalkan bahasa pencatatan yang distandarisasi yang dirancang untuk memperlancar tinjauan SEC di bawah prosedur 8(a) yang ada.
Apa yang perlu diketahui:



XRP melonjak 6,2% menjadi $2,40, melewati resistensi $2,35 dengan volume tinggi.
Minat institusional terhadap XRP meningkat saat perusahaan besar mengajukan permohonan untuk ETF XRP spot, yang berpotensi mempercepat persetujuan.
Pedagang fokus pada kemampuan XRP untuk mempertahankan dukungan di $2,39–$2,395, dengan berita ETF yang mendorong volatilitas jangka pendek

What is the “Christmas Rally?”
The Christmas rally, also known as the “Santa Claus rally,” refers to a recurring pattern in which crypto markets tend to rise during the final weeks of December and early January.
Several factors contribute to this trend, including improved investor sentiment during the festive season and year-end portfolio adjustments as traders and institutions rebalance their holdings. Lower liquidity during the holidays can also amplify price movements, adding to the rally’s momentum. Around Christmas, crypto investors often behave differently than they do throughout the rest of the year.
While this pattern first appeared in traditional stock markets, its influence has since extended to gold and, more recently, to Bitcoin BTCUSD. Each year, as global markets slow for the holidays, investors revisit the idea of a “Christmas rally.”
Both gold and Bitcoin are viewed as stores of value, but they tend to behave differently when liquidity tightens or market sentiment shifts. As December approaches, many investors debate which asset — gold or Bitcoin — is more likely to benefit from the seasonal uptrend.
What makes gold the classic store of value?
For centuries, people have relied on gold to protect their wealth from inflation, which erodes the value of fiat currencies. Central banks around the world also hold significant gold reserves as part of their long-term monetary and reserve management strategies.
Gold usually sees strong seasonal demand in the fourth quarter each year, driven by several factors:
Jewelry purchases in China and India ahead of festive seasonsCentral bank reserve accumulationInstitutional year-end risk management and portfolio adjustments.
Historically, gold does not experience sharp gains in December; instead, it tends to rise gradually. During periods of recessionary concern or geopolitical tension, gold often outperforms more volatile assets. While its price reacts to macroeconomic conditions, gold rarely delivers the dramatic returns associated with cryptocurrencies.
Did you know? Gold requires vaults, insurance and secure transportation. Bitcoin, on the other hand, relies on private key management, which can be as simple as using a hardware wallet. Both present security challenges. Gold faces the risk of physical theft, while Bitcoin is vulnerable to cyberattacks.
What makes Bitcoin a digital store of value?
Bitcoin’s reputation as “digital gold” has grown significantly since November 2022, when it traded around $16,000. Since then, its price has risen steadily.
Bitcoin first surpassed the $100,000 mark on Dec. 5, 2024, reaching $103,679. It has crossed this level several times since, recording a peak valuation of just above $125,000 in October 2025.
Its capped supply of 21 million coins and decentralized structure make Bitcoin attractive as a hedge against monetary inflation. However, unlike gold, it is generally viewed as a higher-risk asset because it is entirely intangible. Its price can surge rapidly when sentiment is strong and decline sharply during periods of uncertainty.
Bitcoin has shown notable fourth-quarter performance trends over the years:

Did you know? Bitcoin trades 24/7, allowing investors to react instantly, even during the holiday season. This includes weekends when traditional markets remain closed.
What are the macro forces driving the Christmas rally?
The outcome of any Christmas rally largely depends on macroeconomic conditions. Key factors include Federal Reserve policy, inflation data and overall market liquidity.
The US Federal Reserve reduced the federal funds rate by 25 basis points (bps) at its October 2025 meeting, setting the new target range at 3.75%-4.00%. The move was in line with market expectations and followed a similar rate cut in September, bringing borrowing costs to their lowest level since late 2022.
Lower interest rates tend to weaken the US dollar and can increase investor appetite for alternative assets such as Bitcoin.
The US annual inflation rate rose to 3.0% in September 2025, up from 2.9% in August, according to official data. However, core inflation eased slightly to 3.0% from 3.1%.
Periods of elevated inflation often increase investor interest in alternative assets such as Bitcoin and gold.
In terms of liquidity, Bitcoin tends to respond more sharply than traditional assets. Even relatively small amounts of institutional inflows, including exchange-traded fund (ETF) purchases, can influence short-term price movements.
Did you know? Gold’s largest buyers include central banks, sovereign wealth funds and jewelers. Bitcoin’s most enthusiastic adopters are retail investors, tech entrepreneurs and younger generations who favor digital assets.
Case studies: When Bitcoin and gold performed
Historical market cycles highlight how Bitcoin and gold respond differently to changing economic conditions. These examples provide insight into when Bitcoin tends to outperform gold and when gold acts as the more dependable safe haven.
Case study: When Bitcoin shined
In 2020, governments introduced large-scale monetary stimulus to counter the economic slowdown caused by the pandemic. Investors turned to assets that could help preserve value as fiat currencies weakened. Gold rallied strongly early in the year, while Bitcoin gained momentum in the second half.
By December 2020, Bitcoin had closed near record highs around $29,000, whereas gold ended the year with modest gains near $1,900. This case study illustrates that during periods of abundant liquidity and low interest rates, Bitcoin has historically shown stronger performance than traditional stores of value like gold.
Case study: When gold ruled 
Between 2021 and 2022, inflation surged, prompting central banks to respond with sharp interest rate hikes. Risk assets fell broadly, and Bitcoin, being more speculative, suffered steep declines.
Gold, however, remained resilient, with periods of price gains as investors turned to it as a traditional safe haven. This case study illustrates that gold tends to preserve value better than Bitcoin during periods of monetary tightening and market stress.

Bitcoin price rebounded as traders expected the US government shutdown to end this week.Bitcoin market analysis sees a squeeze toward $112,000 after a bullish weekly close.
Bitcoin
BTCUSD rebounded overnight, rising as much as 5% to trade above $106,000 during the Asian trading session on Monday as bulls targeted sell liquidity. Traders expected that the US government shutdown would end soon, lifting risk sentiment. 


Will the US government reopen this week?
Data from Cointelegraph Markets Pro and TradingView showed the BTCUSD pair trading at $106,438 on Bitstamp.
On Sunday, US President Donald Trump announced that most Americans will receive a $2,000 “dividend” from the tariff revenue, sparking a late-weekend rebound.
This recovery is expected to continue this week following news that the US Senate has reached a bipartisan deal to end the longest government shutdown in American history, which has lasted 40 days so far. 
Following this news, prediction markets flipped sharply, with Polymarket bettors placing the odds of the government shutdown ending between Nov. 12 and Nov. 15 at 85%. 
Just 24 hours earlier, traders saw a 63% chance the shutdown would drag beyond Nov. 16 and into Thanksgiving.


Odds on competitor platform Kalshi are similar, estimating a 90% chance the government shutdown will end on Friday, 44 days into the shutdown.
The end of the US government shutdown will free up billions in Treasury cash, injecting the market with liquidity and boosting risk assets, such as Bitcoin. 
“It’s going to be an interesting week. Government shutdown potentially close to ending,” said Bitcoin trader Daan Crypto Trades in an X post on X, adding:
“This would mean we’d see a boost back in liquidity and also get economic data like CPI and such soon.”
The last US government shutdown occurred between late December 2018 and late January 2019 in Trump’s first term. After it ended on Jan. 25, 2019, Bitcoin rose over 265% from $3,550 to $13,000 over the next five months.
Liquidity cluster sits above $112,000
Several traders eye a potential upward liquidity grab with ask orders building above $112,000. 
The latest data from monitoring resource CoinGlass showed the price eating away liquidity around $106,000, with the bulk of interest clustered above $112,000.


The bulk of the liquidity is sitting between $111,500 and $115,000. If the $115,000 level is broken, it could spark a liquidation squeeze, forcing short sellers to close positions and driving prices toward $117,000, which is the next major liquidity cluster.
“BTC is at resistance, back testing the broken year-long trendline,” said analyst AlphaBTC in an X post on Monday. 
An accompanying chart showed an “obvious area to target is where the liquidity is resting above the early November consolidation” around $112,000, the analyst said.
“$110K-$112K is the area to watch if Bitcoin can push through $107K resistance.” 



As Cointelegraph reported, Bitcoin’s bullish weekly close above the 50-week SMA increased the odds of BTC price reaching $112,000 or higher.
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
#BTC走势分析 $BTC

XRP turun lagi 5% pada hari Jumat, 7 November, diperdagangkan pada $2,18, berkinerja lebih buruk daripada pasar crypto yang lebih luas yang turun 2,7%.



Momentum penurunan terus berlanjut meskipun aktivitas keseluruhan di XRP Ledger (XRPL) menyaksikan tingkat tertinggi dalam delapan bulan.
Namun, penurunan tajam ini bisa jadi merupakan akibat langsung dari peningkatan cepat dalam pembuatan dompet, yang sering kali mendahului pergerakan harga yang signifikan untuk crypto. Perlu dicatat, pengumuman terbaru Ripple di acara andalannya gagal mempertahankan momentum bullish dan lebih menjadi acara 'jual berita'.

BTCUSD+2.27%


Harga Bitcoin telah berjuang untuk mempertahankan stabilitas di atas $102,000 dalam beberapa hari terakhir, dan data menunjukkan bahwa ini disebabkan oleh ketidakseimbangan yang jelas antara tekanan jual dan permintaan baru.
Data on-chain dari CryptoQuant mengungkapkan bahwa meskipun para pemegang jangka panjang secara aktif mengambil keuntungan, pasar menunjukkan kapasitas terbatas untuk menyerap jualan mereka. Ini adalah kontras dengan fase sebelumnya dari kenaikan bull, di mana permintaan yang meningkat mampu mengimbangi aktivitas pemegang jangka panjang yang meningkat.
Tekanan Penjualan Pemegang Jangka Panjang yang Meningkat Mencerminkan Siklus Bull Masa Lalu

Satu analis mengatakan bahwa “akhir pekan akan menjadi momen yang mendebarkan,” sementara analis JPMorgan tetap percaya diri dengan prospek jangka panjang bitcoin dan memprediksi kenaikan “dekat dengan $170K.”



Sebagai bitcoinBTC $102,527.14 (0.54%) sekali lagi turun di bawah $100,000 pada Jumat pagi, turun 20% dari rekor tertinggi sepanjang masa pada 6 Oktober, beberapa analis melihat cahaya di ujung terowongan, berkat sebagian besar arus masuk ke ETF bitcoin. Pada hari Kamis, dana tersebut menarik $240 juta dalam aliran, setelah enam hari berturut-turut mengalami arus keluar, menurut SoSoValue.

Lanskap cryptocurrency saat ini ditentukan oleh narasi yang kuat: perjalanan Ethereum menuju "uang ultra-suara" melalui deflasi dan ambisi XRP untuk menjadi jembatan bagi keuangan global. Tetapi bagaimana jika jalur-jalur ini benar-benar terbalik?


Artikel ini mengeksplorasi skenario hipotesis yang dramatis: Ethereum (ETH) berhenti menjadi deflasi dan kembali ke model inflasi, sementara XRP secara bersamaan mencapai adopsi yang luas sebagai patokan likuiditas global.


"Penyelarasan besar" ini secara fundamental akan membentuk kembali ekosistem aset digital, menggambar ulang garis pertempuran dan mendefinisikan ulang tujuan dari cryptocurrency teratas di dunia.

Suara terkemuka dalam komunitas cryptocurrency sedang memicu kegembiraan dengan prediksi yang berani: XRP dikabarkan berada di ambang lonjakan harga yang eksplosif, didorong oleh pengumuman yang akan datang, yang tidak diungkapkan. Meskipun sifat pasti dari berita tersebut tetap spekulatif, keyakinan komentator tersebut berakar pada keyakinan fundamental tentang teknologi Ripple dan utilitasnya yang semakin meningkat di dunia nyata.

Inti dari Prediksi: "Pengumuman yang Akan Datang"


Inti dari pandangan optimis ini berpusat pada sebuah acara besar yang diharapkan dari Ripple Labs, perusahaan di balik buku besar XRP dan aset digital XRP. Berdasarkan sentimen pasar yang berlaku dan perkembangan terbaru, analis menunjukkan bahwa pengumuman ini kemungkinan terkait dengan salah satu dari beberapa area kunci:

Seorang trader bekerja selama penawaran umum perdana (IPO) Evommune Inc. di Bursa Efek New York (NYSE) di New York, AS, pada hari Kamis, 6 Nov 2025.

Kontrak berjangka saham sedikit naik pada Kamis malam setelah penurunan pada nama-nama teknologi terbesar di pasar menyebabkan sesi merugikan untuk ekuitas AS.
Rata-rata menambah 95 poin, atau sekitar 0,2%. Kontrak berjangka S&P dan Nasdaq 100 masing-masing naik sekitar 0,3%.
Para pemimpin kecerdasan buatan utama kehilangan momentum pada hari Kamis, dengan nama-nama seperti Nvidia, Advanced Micro Devices, Tesla, dan Microsoft mengalami penurunan signifikan yang membebani pasar secara keseluruhan. Penurunan saham juga diperburuk oleh data yang mencerminkan pemotongan pekerjaan untuk bulan Oktober mencapai level tertinggi untuk bulan tersebut dalam lebih dari dua dekade, menjadikan 2025 sebagai tahun terburuk untuk pemutusan hubungan kerja sejak 2009.

Akumulasi yang Tenang: Tsunami Institusional di Bawah Radar

Sebuah pergeseran signifikan tampaknya sedang berlangsung dalam dukungan institusional terhadap cryptocurrency XRP, yang awalnya diselimuti oleh keheningan korporat tetapi baru-baru ini terungkap. Narasi ini berpusat pada Evernorth Holdings Inc., sebuah entitas baru yang dirancang untuk menjadi perbendaharaan aset digital kelas institusi (DAT) untuk XRP. Cerita yang mendapatkan perhatian ini menunjukkan bahwa akumulasi besar dan tersembunyi dari XRP oleh Evernorth dimaksudkan untuk tetap di bawah radar sampai pengajuan publik atau siaran pers secara tidak sengaja mengungkapkan langkah strategis tersebut.

​The Unsettling Quiet Before the Storm


​It's day 37 of... well, whatever you want to call it. The slow, unsettling drift into disarray. The phrase "America is collapsing" sounds like the stuff of late-night talk show rants or fringe online forums. Yet, if you look past the headlines and the carefully manicured social media feeds, the signs of a deep, systemic deterioration are everywhere. The most alarming aspect, though, isn't the decay itself—it's the eerie, almost total lack of public panic.


​We are witnessing a profound national crisis unfold not with a bang, but with a collective, indifferent shrug. The silence is deafening. Nobody is truly screaming.


​The Pillars Are Crumbling: A Quiet Erosion


​The collapse isn't a single catastrophic event; it's the simultaneous weakening of the core pillars that have long supported the American experiment.



​The Economy: Inequality as the New Normal
The stock market might be setting records, but for the vast majority, the American Dream feels like a cruel joke. Wage stagnation, astronomical healthcare costs, and the crippling burden of student debt have created a modern-day serfdom. Wealth inequality is at historic highs, and we treat it not as an emergency, but as a regrettable feature of the landscape. The quiet has made us forget that a nation cannot thrive when its people are perpetually one medical bill away from destitution.
​Infrastructure: The Failing Foundation
From aging power grids susceptible to outages to crumbling roads, bridges, and outdated public transit, the physical backbone of the nation is failing. Every pothole, every delayed train, every boil-water advisory is a symptom of decades of deferred maintenance and shortsighted political calculus. We accept these failures as an inconvenience rather than a sign of a government unable to perform its most basic function.
​Civic Discourse: The Death of Shared Reality
Perhaps the most insidious breakdown is the utter fragmentation of truth and trust. We no longer operate from a shared set of facts. Polarization isn't just a political problem; it's an existential one. When citizens live in entirely different information ecosystems, fueled by partisan media and filter bubbles, it becomes impossible to find the common ground needed to solve any serious national problem. How do you fix a house when half the residents don't believe the roof is leaking?


​Why The Silence? The Mechanisms of Apathy


​If the house is on fire, why is no one grabbing a bucket? The silence is not born of ignorance; it's a deeply complex and learned apathy.



​Normalization of the Extreme: We've been hit with so many "unprecedented" events—a pandemic, political insurrections, environmental disasters—that the definition of normal has fundamentally shifted. When every week brings a new outrage, the mind eventually adapts by tuning out. Outrage fatigue is a powerful analgesic.
​Individualization of Crisis: Issues like debt, healthcare, and unemployment are framed as personal failures, not systemic ones. This prevents a unified public demand for change. I should have saved more. I should have picked a better college. I must work three jobs. This individual isolation is a powerful silencer of collective action.
​Digital Distraction: The architecture of the modern internet and social media is perfectly designed to distract us from macro-level issues. We are constantly fed a stream of personalized content, drama, and minor controversies that keep our attention focused on the immediate and the trivial, away from the difficult, long-term work of civic engagement. The world may be burning, but the feed is optimized for dopamine hits.


​Finding the Voice


​The luxury of ignoring the decay is rapidly running out. A nation cannot indefinitely function on borrowed time and a fraying social fabric. The historical record is clear: ignoring systemic decline only hastens a more brutal and chaotic reckoning.


​To reverse this course, we need to move past apathy and embrace a healthy, informed alarm. The screaming should not be political; it should be civic. It should be a collective demand to restore the foundational integrity of our institutions, to confront crushing inequality, and to agree once more on a basic shared reality.


​The time for quiet resignation is over. The time to acknowledge the severity of the illness and to demand the cure is now, before Day 37 turns into the final, silent surrender.

​Key Metrics:



​TVL (Total Value Locked): This is a crucial metric in DeFi, representing the total amount of assets currently staked or locked within a protocol. It indicates the protocol's size, liquidity, and overall trust from users.
​Fees 7d (Fees in 7 days): This metric shows the total fees generated by the protocol over the past week. It reflects the activity and usage of the protocol's services.
​Revenue 7d (Revenue in 7 days): This indicates the actual revenue earned by the protocol over the past week, often a portion of the fees. It's a measure of the protocol's financial performance.
​Chains: This specifies the number of blockchain networks on which the protocol operates, highlighting its interoperability and reach.


​Analysis of the Top Protocols:



​Aave (TVL: $32.238b, Fees: $24.56m, Revenue: $3.04m, 19 chains):
Aave clearly dominates the list with a significantly higher TVL than any other protocol, indicating its leading position in the DeFi lending market. Its substantial fees and revenue further solidify its status as a highly utilized and profitable platform. Operating across 19 chains shows its broad accessibility and multi-chain strategy.
​Morpho (TVL: $7.451b, Fees: $6.53m, Revenue: $106,818, 28 chains):
Morpho, while having a much smaller TVL than Aave, impressively operates on the most chains (28), suggesting a strong focus on multi-chain expansion. Its fee generation is robust, though its revenue is comparatively lower than some others with similar fees, which could imply different fee distribution or revenue models.
​SparkLend (TVL: $4.767b, Fees: $1.66m, Revenue: $106,818, 2 chains):
SparkLend holds a respectable third position in TVL. Its fee and revenue figures are solid, indicating healthy activity within its more concentrated operational scope of 2 chains.
​JustLend (TVL: $4.184b, Fees: $113,679, Revenue: $7,235, 1 chain):
JustLend has a significant TVL but notably lower fees and revenue compared to protocols of similar size, and it operates on only one chain. This might suggest a different underlying asset composition or a lower fee structure, potentially making it attractive for users seeking lower costs.
​Maple (TVL: $2.886b, Fees: $4.22m, Revenue: $323,441, 2 chains):
Maple stands out with a strong revenue relative to its TVL and fees, indicating efficient revenue generation. It focuses on a smaller number of chains.


​Other Notable Protocols:



​Kamino Lend and Compound Finance also show significant TVL and varying levels of fee and revenue generation, highlighting the diversity in how these protocols operate and monetize. Compound Finance, a veteran in the DeFi space, still maintains a strong presence.
​Fluid Lending, Venus, and Euler round out the top ten, each contributing to the rich ecosystem of DeFi lending with their distinct market positions and operational strategies.


​Overall Trends and Insights:



​Dominance of Established Players: Aave's significant lead underscores the "network effect" in DeFi, where early movers and established protocols tend to attract and retain more capital due to liquidity and trust.
​Multi-chain Strategy: The number of chains a protocol operates on is a key indicator of its reach and adaptability in an increasingly interconnected blockchain ecosystem. Protocols like Morpho are aggressively pursuing multi-chain expansion.
​Varying Revenue Models: The disparity between fees and revenue across protocols suggests different approaches to how value is captured and distributed among stakeholders (e.g., liquidity providers, token holders, the protocol treasury).
​Competitive Landscape: The presence of multiple billion-dollar TVL protocols indicates a vibrant and competitive market, with innovation constantly driving new solutions and user incentives.


​This data provides valuable insights for investors, users, and developers looking to understand the dynamics and performance of the leading DeFi lending protocols.


​Here's an image that visualizes the article's insights:

Kerugian saham semakin dalam pada hari Kamis, saat kecemasan AI kembali muncul.


Indeks komposit Nasdaq turun lebih dari 1% saat saham-saham raksasa teknologi, yang telah memimpin reli monster kecerdasan buatan pasar selama beberapa tahun terakhir, turun setelah jeda singkat pada hari Rabu.
Tesla, yang akan mengungkapkan nanti hari ini apakah paket gaji besar Elon Musk mendapat persetujuan pemegang saham, turun hampir 3% dan Amazon.com serta Nvidia turun lebih dari 2%. Palantir, yang dulunya menjadi favorit investor, turun lagi pada hari Kamis, membawa kerugian minggu ini menjadi sekitar 12%.

AUSTIN, TX—Para pemegang saham Tesla akan memutuskan nasib paket kompensasi eksekutif yang belum pernah terjadi sebelumnya untuk CEO Elon Musk hari ini, sebuah kesepakatan yang bisa memberinya opsi saham senilai hingga $1 triliun jika perusahaan memenuhi target kinerja yang sangat ambisius. Meskipun ada penolakan keras dari investor institusi berpengaruh dan firma penasihat proksi, analis secara luas memperkirakan bahwa rencana pembayaran yang kontroversial ini akan disetujui, mengukuhkan kendali Musk atas arah masa depan raksasa kendaraan listrik dan teknologi.

Oleh Jason Shubnell

Tawaran Mitra


Mulai berdagang cryptoDapatkan kartu imbalan cryptoDapatkan pinjaman crypto
Ambil Cepat
Google Finance akan mengintegrasikan data pasar prediksi dari platform terkemuka Polymarket dan Kalshi langsung ke dalam hasil pencariannya.
Volume bulanan Polymarket, trader aktif, dan pasar baru mencapai rekor tertinggi pada bulan Oktober karena pasar prediksi terus mendapatkan momentum.


Ketika pasar prediksi terus memasuki arus utama, platform terkemuka baru saja mengumumkan kemitraan besar.
Google mengatakan data pasar prediksi dari Polymarket dan Kalshi akan diluncurkan dalam beberapa minggu ke depan, dimulai dengan pengguna Labs, "jadi Anda dapat mengajukan pertanyaan tentang peristiwa pasar di masa depan dan memanfaatkan kebijaksanaan kerumunan." Pengguna akan dapat mengakses probabilitas pasar saat ini langsung dari kotak pencarian dan melihat bagaimana mereka telah berubah seiring waktu.