Recently, the altcoin market has shown signs of recovery, with several projects driving favorable developments in the primary market:
- $ARKM: Arkham Intelligence has launched the Arkham perpetual exchange.
- $DAPP: Pencil Protocol has introduced a cutting-edge pencil auction format. Meanwhile, Shogun Beta has expanded to the Ethereum mainnet, supporting trading on EVM L2 and Solana.
- $ENA: Ethena is discussing enabling a fee switch, and Wintermute has proposed distributing part of the revenue to $sENA. Additionally, Euler Labs has launched Euler Prime, initiating a multi-collateral lending market where users can earn rEUL rewards. F(x) Protocol has also released its v2 white paper, offering new features such as 10x fixed leverage.
- $PSP: ParaSwap has released Delta v2, optimizing pricing and trading effectiveness. Morpho DAO has enabled the transferability of $MORPHO, with trading about to commence. Skate Chain users can also place bets on Polymarket via the Skate mini-program, supporting Ton and Polygon networks. Contango has announced that $TANGO can be claimed and is providing liquidity protocol fee rewards.
