Ethena Finance (ENA/USDe) is emerging as a notable player in the cryptocurrency and decentralized finance (DeFi) sectors. Powered by its proprietary stablecoin, USDe, Ethena aims to offer a synthetic dollar that operates across various DeFi applications without relying on traditional financial infrastructure. Ethena Finance was mentioned as a trade idea for the latest edition of the Weekly
Introduction The Beam (BEAM) Token is the native crypto of a decentralized gaming network called Beam. The BEAM network allows gamers and developers to collaborate and engage themselves in immersive gaming experiences. It is a confidential decentralized finance (Defi) platform that focuses on privacy in the crypto space. This token was launched in 2018 by
Flow is a blockchain network designed to support NFT collectibles and decentralized games. Dapper Labs, the creator of Flow, realized in 2017 that the current generation of blockchains can’t handle the swiftly increasing demand for Non-fungible tokens (NFTs). Ethereum is the leading blockchain network that supports NFT collectibles but it only handles a limited amount of transactions
Starknet is an Ethereum layer-2 scaling solution that uses a zero-knowledge rollup based on StarkWare Industry’s trustless “STARK” proof. Starknet is one of many layer-2 scaling solutions (L2s) for Ethereum. There are multiple approaches to increasing transaction speeds and decrease costs, but one of the most popular has become zk-rollups. Both commonly-found types of rollups—the other
Algorand is a smart contract platform for building decentralized applications (dapps) created with the goal of solving the blockchain trilemma of decentralization, security, and scalability. Blockchain developers often aim to solve for the trilemma when building new protocols. To that end, the platform was created to handle up to 1,000 transactions per second with a
One of a number of emerging DeFi cryptocurrencies, Aave is a decentralized lending system that allows users to lend, borrow and earn interest on crypto assets, all without middlemen. Running on the Ethereum blockchain, it instead is a system of smart contracts that enables these assets to be managed by a distributed network of computers running its software. This means Aave
Jupiter is one of the most popular platforms in the Decentralised Finance (DeFi) sector, on the Solana blockchain, and recently became the most popular DEX aggregator in the world. It has established itself as a significant liquidity aggregator, a role that involves pooling resources to ensure more efficient and effective token swaps, perpetual futures, and the management of
Bitget Token (BGB) is the native utility token of Bitget centralized exchange. This utility token introduces traders to a multitude of functions. It includes staking, social trading, sharing in profits, and accessing reduced trading fees. TL;DR As the cryptocurrency industry continues to evolve, utility tokens play a vital role in providing users with various advantages
Ondo, or Ondo Finance, is a U.S.-based issuer of tokenized securities. It was established in 2021 with a mission to democratize access to institutional-grade financial products and services using blockchain technology. Ondo represents a blend of traditional financial wisdom and innovative blockchain applications, aiming to improve both the infrastructure and accessibility of financial products. This
BNB Smart Chain, formerly Binance Smart Chain, is an Ethereum Virtual Machine (EVM) compatible blockchain platform capable of general purpose smart contract execution. It is a base layer, or Layer 1 (L1), which is part of the BNB Chain ecosystem of blockchains that is developed with the support of cryptocurrency exchange Binance. It is known