with bitcoin price It has remained above $50,000, cryptography The community is moving towards the DeFi sector, which has seen a significant surge, and the crypto winter is over. This shift is largely due to the ongoing mainstream attention of DeFi. A.I. trend.
Platforms such as Uniswap, which allow users to lend, borrow and exchange cryptocurrencies without the intermediary of a central authority, have soared in value following a variety of innovative offers.
Therefore, it looks like DeFi tokens could make a big noise in the upcoming bull market and mark new highs.
Maven11 Capital’s Strategic DeFi Benefits
Amid this DeFi boom, Maven11 Capital has demonstrated the potential for sharp returns in the crypto venture space. With strategic investments in DeFi tokens, Maven11 Capital reported an impressive return of 54%, or $1.43 million.
Source: Etherscan
This success story started with the purchase of 100,000 UNI tokens from Binance for $5.74 each, which were subsequently sold for $11.2 each, for a 95% profit of $546,000.
Similarly, investments in other tokens such as MKR, AAVE, and FXS have yielded significant returns of 38%, 58%, and 43%, respectively, highlighting lucrative opportunities within the DeFi sector .
Uniswap’s governance proposal accelerates DeFi rally
A notable development driving this surge is the recent proposal by. uniswap This is to reward token holders. The proposal proposes to distribute protocol fees among UNI holders who stake and delegate their tokens, thereby strengthening the governance of the protocol.
The initiative, led by Uniswap Foundation Governance Leader Eric Cohen, led to a 70% increase in UNI tokens and promised to reinvigorate the network's decision-making process.
Outside of Uniswap, COTI (COTI) posted a notable gain of over 38%, while SushiSwap (SUSHI) soared over 36%.
Liquidity trends suggest growing optimism in DeFi
recently glass node According to the report, a compelling trend has been observed in Uniswap’s Total Value Locked (TVL), indicating growing optimism in the DeFi space. During altcoin season, the liquidity profile of tokens outside of the top 50 has risen noticeably, reflecting increased investor interest in long-tail tokens.
sauce: glass node
Bear markets typically concentrate liquidity in the top 50 tokens where the majority of trading takes place, but that is currently changing. The top 10 tokens, mainly consisting of WETH, WBTC, and stablecoins, increased in liquidity by 5.14%, while the top 20 tokens increased by 10.9%.
On the other hand, the shift from the 20th to the 50th ranked token indicates investors are moving strategically towards potentially higher yielding assets.
This reallocation of liquidity signals increased confidence in the market, as investors appear to be starting to embrace the idea of diversifying their portfolios with a wider range of assets. This is a sign that investors may turn to long-tail assets.
In conclusion, the DeFi space promises significant growth in the upcoming bull market.
