Daily Alpha and Summary. November 11, 2024

DeFi

SplitCapital submitted a gov proposal to enable the fee switch for BLUR

Polygon AggLayer will integrate Agora Finance's AUSD as its native stablecoin

Zk coprocessor, Brevis Network secures $7.5M in seed funding led by Polychain

Taiko has enabled multiple zkps powered by Succinct and RISC Zero

Omnichain liquidity infra, StakeStone secured $22M investment round led by Polychain Capital

Delta Prime hit by another exploit, losses exceed $10M

Cross chain composablity layer, Espresso network goes live on mainnet

Polymer labs mainnet goes live introduces real-time interoperability for Ethereum rollups.

Pendle launched Pendle v3 aka Boros, introducing leveraged exposure to any yield including off chain rates

Zero1 collaborates with Aptos to drive AI innovation in Aptos ecosystem

TAC, the TON Network Extension that connects EVM dApps to Telegram gets $6.5M seed funding

ENS Labs plans to launch L2– Namechain by 2025.

Data storage on Filecoin, Akave has secured $3.45M in pre-seed funding led Protocol Labs

Near is now fully compatible with MetaMask

UX layer, Infinex partners with Near to integrate NEAR’s Chain Signatures tech, along with NEAR intents, to enable deposits and trading of non-smart contract and exotic assets on their platform

Dune acquires smlXL to boost real-time blockchain data services.

Nansen expands analytics to Bitcoin L2 with Bitlayer

Okto wallet integrates with Polygon Agglayer

State of the Market

FTX sues Binance and CZ for $1.76B.

MicroStrategy buys 27,200 more bitcoins for over $2B.