happy (4sun)

Liquid staking has been significantly underperforming compared to many other sectors this month. Lido, usually the leading protocol in the liquid staking narrative, has only made $5.4 million in revenue over the past 30 days.

• 0 replies
• 1 recast
• 1 reaction

Crypto and DeFi are seeing sustained outflows amid macro fears — from tariffs to weak job data. Liquid staking is cooling off, even with renewed ETF hype, while RWAs remain the only sector in the green, signaling a shift toward real-world utility.

• 0 replies
• 2 recasts
• 2 reactions

Bitcoin network upgrades are rare, but the next soft fork upgrade could be coming soon. Galaxy has prepared a large overview of BIP 119 (OP_CTV) and BIP 347 (OP_CAT) carried out over the past 5 years and assessed the potential impact on future upgrades.

• 0 replies
• 1 recast
• 3 reactions

Major exchange stablecoin outflows signal liquidity contraction. Binance and Bybit saw combined stablecoin outflows of more than $2.3 billion over the past 30 days, including $1.55B from Binance and $786M from Bybit. The steady drain suggests capital is leaving exchanges or being pulled out of positions. Less stablecoin liquidity can make it harder for Bitcoin to break above consolidation.

• 0 replies
• 1 recast
• 1 reaction