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Patrick Scott | Dynamo DeFi Profile picture
@patfscott
Aug 18 • 1 tweets • 1 min read • Read on X
In the month since the GENIUS Act was signed into law, total stablecoin supply has grown by $16 billion. This past week alone added another $6.75 billion.

The transition from analog to digital finance isn't leveling off. It's accelerating.

Suddenly Treasury Secretary Bessent's prediction of a $3.7 trillion stablecoin market cap by end of decade is looking more realistic.Image

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More from @patfscott

Patrick Scott | Dynamo DeFi Profile picture
Sep 18, 2024
Recently, there's been much talk of how YouTubers give crypto a bad name.

And there's truth in that.

But for every shillfluencer promising quick riches, there are a dozen honest educators grinding without recognition.

Here are 11 Crypto YouTubers with high quality content:
Before I start, a subtle shill for my own channel, where 48K subscribers watch my videos with onchain metrics analysis, tokenomics breakdowns, DeFi strategies, and DeFi tutorials.

youtube.com/dynamodefi
@Ceazor7

If you want to understand the tokenomics and mechanics of new crypto protocols, Ceazor is your guy. He has over 400 videos diving into how DeFi protocols work. One of my go-tos whenever I'm learning about something new.

youtube.com/@CeazorsSnackS…
Read 14 tweets
Patrick Scott | Dynamo DeFi Profile picture
Jul 8, 2024
With the crypto market down, now is the perfect time to lock in and level up.

One skill worth learning is on-chain analysis.

Over the past two years, I've published dozens of videos about how to use tools like @etherscan and @defillama. Here are a few to get you started.
@etherscan @DefiLlama How to Analyze Cryptos with Metrics
@etherscan @DefiLlama How to Use Etherscan (Beginner Friendly!)
Read 13 tweets
Patrick Scott | Dynamo DeFi Profile picture
Nov 25, 2023
With the crypto market heating up, it's tougher than ever to know which networks are gaining real adoption.

On-chain metrics help to cut through the noise.

Here are 5 blockchains with growing usage.
@solana

One of the fastest growing chains this season.

Solana DEX volume is up nearly 10X, while daily active addresses are up 3X from their levels in September.

This volume has pushed on-chain APRs higher (30%+ on some large pools). Watch for this to attract capital inflows.
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@GnosisChain

Gnosis has been quietly onboarding blue chip DeFi partners.

This year, Balancer, Aave, and Spark Protocol from MakerDAO have all deployed to Gnosis. This, combined with exceptional yield on sDAI has pushed Gnosis TVL from $81M in October to $261M now. Image
Read 7 tweets
Patrick Scott | Dynamo DeFi Profile picture
Oct 23, 2023
On-chain metrics are showing positive developments for the crypto market.

Multiple on-chain indicators are stabilizing or looking good, often for the first time in years.

A little Monday hopium 👇
Total stablecoin market cap has been flat for 3 months now, indicating that capital may have stopped exiting the market.

Even when prices were rallying last summer and this spring, stablecoin outflows continued.
Bitcoin Hash Rate hit an all-time high last week
Read 5 tweets
Patrick Scott | Dynamo DeFi Profile picture
Oct 6, 2023
Everyone in crypto tells you to "do your own research", but rarely does anyone tell you how.

I've recorded over a dozen videos showing you how to DYOR, ranging from a beginner to advanced level. These cover:
-Metrics
-On-chain analysis
-AI tools
-Avoiding scams

Here they are👇
How to research crypto with data & metrics
Top 5 crypto tools to 10X your research
Read 15 tweets
Patrick Scott | Dynamo DeFi Profile picture
Sep 15, 2023
If you followed only online sentiment, you’d think crypto was dead.

Meanwhile, the pace of adoption is faster than ever. The past few weeks have seen a surge of major companies exploring blockchain solutions.

Here are 9 examples of this 👇
$1.5 Trillion asset manager Franklin Templeton joined the growing list of major asset managers to file for a Bitcoin ETF.
Deutsche Bank announces plans to provide custody services for crypto and tokenized assets.
Read 11 tweets

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