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AAVE
market cap is ~10% of its deposits.
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AAVE
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an L1's value capture distribution becomes more fragmented over time that happens either as a result of L2s (ethereum) or apps (solana) capturing more $$$ great overview by @TusharJain_
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🔢⛓️ @eulerfinance's multichain expansion visualized:
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ICYMI: @Securitize has surpassed @MorphoLabs in terms of revenue-generating onchain AUM. RWAs are coming onchain, fast.
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protocols that control the capital in crypto:
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it will never not be funny when VCs with information rights (=access to relevant offchain information) talk about onchain data not being accurate enough
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