The Weekly Airdrop: 0x117

May 24, 2024 // SEC rule approvals pave the way for spot Ether ETF, Fault Proofs are coming to OP stack, Livepeer launches AI Subnet, Subsquid SQD token goes live, Synternet unveils Pikes Peak roadmap

Large Cap Leaderboard:

Sector Performance:

Top/Bottom Performers (Top 300):

Decentralized Finance:

M31 Capital DeFi Index: +1.0%

DEFI NEWS

• Beefy Finance is launching their v3 LP Management.

• Jupiter kicks off the Giant Unified Market Initiative.

• Synthetix is undergoing a v3 rollout.

• Lyra Finance introduces C-Tokens, their tokenized derivative.

• Limitless Finance launched its mainnet on Base.

• ION Protocol is now live on the mainnet.

• Uniswap submitted a response to the SEC Wells notice they received in April.

• SEC rule approvals set the stage for spot Ether ETF launches.

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Web3.0:

M31 Capital Web3 Index: +2.1%

WEB3 NEWS

• Web3 Marketing Startup Spindl Launches On-Chain Ad Network.

• OP Stack proposes an upgrade to include Fault Proofs.

• Gaming PCs to become DePIN contributors with this Web3 platform.

• Fantom Foundation introduces a new L1 called Sonic Network.

• The Subsquid SQD Token is now live.

• Livepeer Introduced The Livepeer AI Subnet.

• Synternet unveils the next chapter of its roadmap: Pikes Peak.

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About M31 Capital

M31 Capital is a global investment firm dedicated to crypto assets and blockchain technologies that support individual sovereignty.

Website: https://www.m31.capital/

Twitter: https://twitter.com/M31Capital