IMD

I made an @aeroxyz dashboard! This is one of my favorite projects, so I created a place to track its most important stats Here's what's inside (some screenshots below to illustrate as well) Page 1 -- Home: - Fully interactive AERO chart - Aerodrome volume, fees, and holders’ revenue – as well as its market share on Base and against all other spot DEXs - AERO emissions to LPs Page 2 -- DEX Stats: - Spot volume, including market share of Base and all spot DEXs - Capital efficiency ratio (volume/TVL) - FX volume - Top 10 pools by TVL - Weekly and monthly emissions for top pools (denominated in $) Page 3 -- AERO: - Historical AERO price, market cap, FDV - Historical circulating & total supply - Total AERO holders - AERO buybacks & breakdown by time period - Historical AERO emissions to LPs and AERO unlocks (denominated in AERO or USD) - Summary of top AERO holders: top-10 share and addresses Page 4 -- veAERO: - Total locked AERO supply - Lock rate & average duration - Total veAERO holders - Voter income & modeled APY Page 5 -- Financials: - Historical fees, revenue, and holders' revenue - Share of BASE and total spot DEX fees - Revenue net of AERO incentives - AERO Valuation -- P/S, P/F, fully diluted P/S, fully diluted P/F ($AERO looking good here) Also, everything is viewable in daily, weekly, monthly, quarterly, annual, and cumulative (when applicable) data point -- if you're like me, this is a big value add You can also toggle the format based on your preference The themes are Machines & Money (our own brand assets), Terminal (dark mode), Corporate (light mode), and Aerodrome (my personal favorite) And you can grab a PNG screenshot of any chart you want! Hope you enjoy!

DeFi is built for AI in a way that legacy networks never were In fact, smart contracts themselves use automation to perform a wide vatiery of actions Now that agents have been thrown into the mix, the innovation around agentic asset management is going to explode And unlike traditional asset management, this opportunity is available to anyone with an internet connection and a DeFi wallet One of the few projects whose entire business model revolves around agentic asset management is @Zyfai_ Here are 3 reasons I'm bullish: #1: Zyfai is at the Forefront of Agentic Management While agents have been a hot topic in crypto over the past couple years, they're still finding their place in terms of actual utility As a result, countless projects have come and go, and few have been able to survive, let alone find product-market fit Zyfai is different According to @DefiLlama, TVL of AI Agents projects has fallen from $107M to $28M over the past year -- a decline of 84% But Zyfai is one of the few that's seen growth -- their TVL is up ~250% YoY, and currently sits above $9M To put that into perspective, their market share in the AI Agent sector has grown from 2.5% to over 32% in just a year, and they're now the #2 project by TVL Since inception, the platform has: - Deployed almost 16,000 agents - Generated $3.1B in volume across over 275K transactions - Kept its users safe, directing funds away from compromised assets like $USR before any damage was done #2: Zyfai Generates Stable Yield Crypto’s investor base has become understandably averse to native token yields – their dilutive and inflationary nature actually incentivizes selling for stablecoins over holding While many lending pools offer rates at or below the short-term US Treasuries, Zyfai's agents optimize yields across dozens of pools, consistently delivering a notable premium above the risk-free rate More importantly, base yields are paid in USDC, with a small bonus yield paid in $rZFI No hyperinflationary tokenomics, with an average combined yield of ~8.5% -- over double the 2-year Treasury #3: You Can Choose Your Risk Level When you deposit funds into Zyfai, you tell your agent your risk tolerance by choosing between conservative, aggressive, or yield maxxing strategies Yield maxxing can produce double-digit yields (including the ~2% rZFI bonus), but even the conservative strategies tend to yield 7-8% APY Based on your selection, Zyfai's agents actively manage deposits across dozens of vaults on @Morpho, @aave, @0xfluid, @eulerfinance, @sparkfinance, @superformxyz, and @compoundfinance And no matter the strategy, Zyfai agents are on the lookout for risky activity around the clock, ensuring that deposits maximize risk-adjusted returns IMO, the future is bright for Zyfai (and $ZFI's market cap is currently sitting at ~$1M market cap, which I believe is insanely cheap -- I own the token because I actually believe in the product, so I'm shilling my own bag here, NFA) That's my bull case on @Zyfai_! I'd love to hear yours (or any counterarguments) in the comments below

3 Reasons I'm Bullish On @Morpho While Morpho is commonly seen as a top onchain lending project, it's actually a lot more than that It's actually reshaping how DeFi is used, providing an easy onramp into DeFi, and giving professional asset managers the ability to efficiently manage funds onchain Once I dug into the numbers, I was actually surprised to see how much of an influence they've had on the expansion of DeFi, and the future has never looked brighter Here are the 3 reasons I'm bullish: #1: Morpho Is Critical Infrastructure For DeFi Asset Management When you look at the numbers, it's clear that Morpho has had a major impact on the onchain risk curation boom over the past couple years Before Morpho Blue launched in early 2024, risk curator AUM was virtually non-existent And now, it's approaching $9B Thanks to the flexibility of Morpho Blue, it's been the top choice for risk managers to perform their operations In addition to the growth comparison in the infographic below, here are some more numbers that stand out to me: - Over 63% of curator funds were on Morpho as of mid-April 2026 - Curators have earned $18M in fees from Morpho This trend has naturally led to Morpho being a top destination for RWA management - $1.4B of Morpho's $12B deposits are tokenized assets - RWA share of Morpho deposits has increased from 6.4% to 11.3% in 2026 (almost an 80% increase) #2: Morpho Brings DeFi To Everyone Morpho’s flexibility has also created the opportunity for major investing platforms to integrate their lending infrastructure More integrations = more visibility -- and now, professional curators are managing deposits from apps such as: Kraken – (DeFi Earn, managed by Sentora) Coinbase – (Coinbase Lending, managed by Steakhouse) Robinhood – (Robinhood Earn, also managed by Steakhouse) These platforms have a combined active user base of over 25 million people, and now they can all seamlessly use Morpho to earn yield And considering Morpho is also working with financial giants like Societe Generale and Apollo, this trend is only going to get stronger from here #3: $MORPHO's Future Potential So far, Morpho’s business model has revolved around onboarding users such as asset managers and borrowers As a result, all fees are passed through all fees to lenders, curators, and liquidators Meanwhile, the MORPHO token’s role has been twofold: - Governance participation - Incentive to boost yields (although this has been slowed recently) However, Morpho has potential to accrue revenue to the token down the road The barrieres to doing so are low, as there’s no for-profit company in charge of Morpho That means there’s no traditional debt/equity structure, so the token will be first in line to benefit from future profitability/cash flow Despite the current lack of token value accrual, there's still clear demand for it If there wasn't Morpho wouldn't have been able to raise $175M at a $2B valuation in the depths of a bear market -- these funds were raised via the token, not equity, which I believe is a very important factor Not to mention Apollo Global's commitment to purchase $110M worth of $MORPHO over a multi-year period To add some context, Morpho's share of the total fees generated by the DeFi lending sector has grown rapidly over the past year - Mid-2025: 5-7% of total lending fees - Current: consistently above 15% - July: as high as 31% - July also set a platform record, with $26M generated during the month I expect this trend to continue, and I believe it's safe to expect that Morpho will implement a marginal fee to be directed to tokenholders in the future In the meantime, they're rapidly growing their userbase, which only raises the future value that such a fee would accrue That's my bull case on @Morpho (and I didn't even include Midnight, which opens up even more opportunities)! I'd love to hear yours, or any counterarguments, in the comments below

See the dashboard live here: machinesandmoney.xyz/pendle

Solana took over as DeFi's top network for spot trading in 2024 Since then, it's facilitated over $2.8T in swaps -- roughly 32% of all decentralized spot trading Within that market, one platform stands out: @JupiterExchange Whether coincidental or not, the launch of Jupiter's $JUP token in January 2024 marked the start of Solana's spot dominance And since then, Jupiter hasn't looked back Here are 3 reasons I'm bullish: #1: Solana's Dominant DEX The numbers don't lie -- Jupiter is the driving force behind Solana's surge in trading activity Since 2024, Jupiter accounts for: - 44% of all Solana spot volume - 86% of all Solana DEX aggregator volume - 53% of all Solana perps volume In fact, Jupiter has routed and facilitated roughly 1/7 of all DeFi spot volume since 2024! #2: Strong Financials Jupiter's dominance in spot and perps trading has also made it one of Solana's top-earning apps Since 2024, Jupiter's $350M in revenue ranks 5th among all Solana-based apps But what's even more important is the value that flows through to tokenholders Since Feb 2025, over $100M of Jupiter's revenue has been used for $JUP buybacks, which ranks its holders' revenue as: - #2 on Solana - #6 in DeFi #3: $JUP Fundamentals Going forward, the aforementioned holders' revenue will continue to make a positive impact on $JUP, as 50% of all protocol revenue is designated for repurchases Over the past year, buybacks have taken over 3.1% of $JUP's max supply (~6% of circulating supply) out of circulation And under the current program, if Jupiter repeats its 2025 revenue total, we could easily see double-digit percent of the circulating supply bought back in a single year That's my bull case on @JupiterExchange! I'd love to hear yours (or any counterarguments) in the comments below

$CRV hit 8r overnight, still haven't sold any but moved stop loss up quite a bit My favorite trades are the ones that a lot of people overlook, like some random "dead" DeFi token with zero volatility They pop when you least expect it

As someone who's had a genuine interest in options since 2013, I've been looking forward to the day they finally see success in DeFi After years of experimentation by dozens of projects, that day is finally here The biggest winner so far: @DeriveXYZ Here are 3 reasons I'm bullish: #1: Rapid Growth In a nutshell, 2026 has been a breakout year for Derive The platform has benefitting from increased attention on crypto options -- particularly in markets for $HYPE -- which has increased from < 10% of notional volume share in Q1 to ~33% in recent months Overall, the growth in activity on the platform has been incredible Both premium and notional growth are on pace to ~3x from their 2025 totals: - Premium volume growth: $124.2M -> $454.5M (projected) - Notional volume growth: $5.4B -> $15.1B (projected) #2: Financial Strength The surge in volume on Derive has led to a related surge in fees and revenue for the platform and $DRV holders By July 2026, Derive's revenue for the year had already surpassed last year's total And now, it's on pace to reach ~$4.6M for the year, which would be an increase of 113% over 2025 This growth in revenue directly benefits $DRV tokenholders as well as users: - 35% of revenue is allocated to $DRV buybacks - 65% of revenue provides economic security via Derive's security module #3: Resiliance I mentioned earlier that there's been a lot of experimentation in the DeFi options space over the years, but Derive's consistent determination during this period can't be overstarted I remember posting about them back in 2023 (when the project was known as Lyra), and since then they've made unmatched progress, capturing: - Over 80% of onchain option notional volume - Roughly 95% of all revenue in the onchain option sector And considering that Deribit saw $1.3T in notional volume in 2025, there's still a lot of room to grow! That's my bull case on @DeriveXYZ! I'd love to hear yours (or any counterarguments) in the comments below

$CRV 4r ✅️

23 headlines from 12 DeFi projects you should be keeping up with All in one update Here's a look at the DeFi20's most recent progress, including: - @kamino's new Commodity Yield vault - @HyperliquidX's Q2 report - @SkyEcosystem and @Morpho's monthly reports - @pendle_fi & @OndoFinance celebrate major product anniversaries (@boros_fi turns 1, $USDY turns 3) - @virtuals_io processes over 37% of all onchain agentic transactions See all 30 headlines here 🔽

Not many projects can claim to be a trend-setter in any given market @ether_fi is one of the few who can In fact, they can claim this feat in not just 1, but 2 of DeFi's largest movements within the past few years When etherfi Stake launched in 2023, it instantly became the largest liquid restaking platform in DeFi -- an $18B market at its peak While Stake remains a success (with over $3.2B in deposits), etherfi has also become a dominant player in the onchain neobank space Here are 3 reasons I'm bullish: #1: Cash Card Success etherfi Cash represents one of the most successful pivots in DeFi history To me, it's obvious that blockchains will end up being the most common infrastructure to facilitate payments But Cash does more than just act like an onchain bank It combines top-tier credit card-style rewards with seamless access to DeFi, so users can invest their savings in a variety of ways 2026 is a breakout year for etherfi's Cash card, and here are a few stats to prove it: - Projected spend (in $): $495M (+368% YoY) - Projected transaction count: 10.8M (+391% YoY) - Projected new cards issued: 84,700 (+84% YoY) #2: Strong Financials Profitable DeFi projects have always been a rarity, and as the space matures, the market will recognize the ones who actually make money consistently etherfi is a perfect example of this -- the platform has generated over $48M in net income since Q1 2025, and has now posted 6 profitable quarters in a row But that's not all! Last year, etherfi was also a top-10 DeFi platform for generating revenue This year, their projected revenue is ~$50M -- and as you may have guessed, Cash is now etherfi's primary growth engine when it comes to making money While this is just a few % higher than 2025's revenue, Cash is making a difference It's already generated $18M+ this year, over twice its 2025 total, and it now accounts for 62% of etherfi's revenue #3: $ETHFI Fundamentals Again, the projects that can consistently turn a profit and accrue value to tokenholders will be the ones to succeed etherfi has a history of doing both While they've stopped ETHFI buybacks in recent months, they have $33.6M set aside for token repurchases At current prices, that's enough to buy over 8% of the supply! Once these buybacks resume, they'll be just another factor driving value to the token Finally, 97% of the supply is already unlocked, meaning these buybacks would shrink the total supply with no opposing inflation That's my bull case on @ether_fi! I'd love to hear yours (or any counterarguments) in the comments below

$CRV starting to move, almost at 2r already