1/ A high level thesis we've had at BlockTower recently is on finding grassroots movements and collectives in DeFi that have designed tools for themselves that now have the potential to become tools for many.
medium.com/@vikram.arun/g…2/ $GMX is a perpetual and spot trading platform that enables the decentralized trading of perpetual futures on BTC, ETH, LINK, and UNI with 30x leverage on Arbitrum and BSC.
Perp volume on CEX's for BTC and ETH are over 10x greater than spot now, $2T/month vs. ~$200B/month
Sep 14, 2021 • 17 tweets • 6 min read
Cross-chain TVL is exploding with L1 ETH now having <75% of the total tracked market share.
We don't know exactly what protocols and where all this TVL will go to... but we know that this movement has to be fluidly enabled by something.
Enter $REN.
medium.com/@vikram.arun/m…
REN has flown under the radar recently as an OG interoperability solution due to a number of competing bridges that have emerged and a less in-demand set of tokens, but that can change in the coming weeks with the launch of host-to-host allowing the transfer of ERC-20 tokens