The visualisations below of the top contracts holding WBTC and cbBTC on Ethereum clearly show this effect.

Across all chains, @bunni_xyz and @AegisMarkets now lead @Uniswap v4 hooked pools with 36% of the volume each, followed by @zora with 15%. With the increase of volume on @zora in the last weeks the protocol emerged to the top in volume using @uniswap v4 hooks on @base (with +80% of the volume of hooked pools on Base). @Dune Dashboards:

Base has now surpassed Solana in daily token creation, mostly driven by Zora’s growth. DEX volume of Zora Coins has also spiked and this is a key metric since both creators and referrers earn a % of volume. Pareto dynamics are still observable, with a small set of tokens driving most of the volume. It is an expected pattern in content creation, but the broader the volume distribution across more tokens, the higher the number of creators who get to earn. Source:

DeFi has entered the interoperability era (already a while ago), where distribution through other frontends is becoming foundational. For deposits on lending protocols to generate yield, there needs to be capacity to absorb liquidity. Currently, no other protocol has the same liquidity scale as @aave.

This tweet refers to @zora Network used previously on the minting protocol. Currently activity happens on Zora Coins on @base, which is showing growth and can tracked in the @Dune dashboard below

1/ EURC remains an overlooked opportunity in DeFi. Since March, it has appreciated ~12% vs USDC, mainly due to USD depreciation. Simply holding EURC would have outperformed holding USDC and supplying it for yield. But how does it compare when factoring in DeFi yield on both assets? For this comparison we are considering both assets are deposited on @aave on @base. Assuming a $1,000 deposit on @aave in March: → EURC position would now be worth $1,085 → USDC position would now be worth $1,014 Same protocol, similar risk profile. EURC leads by +7%.

NFT volumes on Ethereum hit their highest week since February, with @opensea capturing 64% of the market. Overall volume remains well below 2024 levels, but OpenSea continues to regain marketshare from Blur. Isolating OpenSea, this was among the #3 best week YTD.

Since April, DeFi net TVL has grown by ~$49B. Of that, @aave captured ~$15B, roughly 31% of the total increase. For every $10B added to DeFi TVL, Aave contributed $3B.

Three weeks post-launch, @xStocksFi trading shows a clear trend. → Weekend volume of onchain stocks consistently drops to 30% or less of prior weekday volume

ETH, USDT and USDC account for 90% of CEX inflows and outflows on EVM chains.