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​​Frax Finance (FRAX) has rolled out its Ethereum L2 network called Fraxchain

Frax Finance released its Ethereum Layer 2 network, called Fraxtal. A restricted mainnet was activated today for specific partner apps, including decentralized infrastructure providers such as Safe, Chainlink oracles, and Axelar and LayerZero bridges. The network will be part of Optimism's Superchain ecosystem and will function as a dapps platform focused on decentralized finance.

πŸ‘‰πŸ» theblock.co/post/276634/frax-fraxtal-launch

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​​TOP DeFi Projects by Social Activity

Posts. Posts measures the number of social posts across all social channels.

Interactions include socially-driven engagements and actions such as likes, comments, retweets, and upvotes.

Social Dominance. Social dominance calculates the "share of voice" across all social media data.

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​​BeFi Labs (BEFI) has announced a partnership with Ordify (ORFY)

BeFi Labs partners with Ordify to unlock new financial opportunities in the BRC20 ecosystem. Through this partnership, BeFi will use Oridfy to connect and eliminate interoperability concerns through their native bridge. BeFi Labs is a native BRC-20 & Ordinals trading terminal with rapid transactions and zero fees. Ordify develops a suite of investment products including a launchpad, bridge, wallet, and exploration.

πŸ‘‰πŸ» twitter.com/BefiLabs/status/1755518353056157774

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​​Superform Labs has raised $6.5M in the seed round led by Polychain Capital

Superform, a permissionless, cross-chain yield marketplace, has closed its $6.5M seed funding round led by Polychain Capital. Additional round participants included BlockTower Capital, Maven 11, Circle Ventures, and others. Moreover, Superform is launching today in early access mode across seven EVM-compatible networks including Ethereum, Arbitrum, Optimism, Base, Polygon, Avalanche C-Chain, and BNB Chain.

πŸ‘‰πŸ» theblock.co/post/276631/crypto-yield-marketplace-superform-raises-funding

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​​Flood has raised $5.2M in a seed round co-led by Bain Capital Crypto & Archetype

Flood, an Ethereum ecosystem-focused decentralized exchange aggregator, raises $5.2M in a seed round co-led by Bain Capital Crypto and Archetype, with Robot Ventures participating. Flood is a DEX aggregator that is currently live on Arbitrum One and is planning to expand to Ethereum, Base and Optimism in the coming months.

πŸ‘‰πŸ» theblock.co/post/276664/bain-capital-crypto-flood-ethereum-funding

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​​Ethereum developers plan to launch the Dencun upgrade on mainnet on March 13th

Ethereum developers have announced plans to launch the Dencun network upgrade on mainnet on March 13th. The Dencun innovation will be primarily focused on the "proto-danksharding" feature, which is supposed to reduce costs for transactions on auxiliary "layer-2" networks built atop Ethereum, by providing a dedicated space for data storage.

πŸ‘‰πŸ» coindesk.com/tech/2024/02/08/ethereum-developers-target-march-13-for-milestone-dencun-upgrade-on-mainnet

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​​Crypto News Digest: Key Updates You Need to Know

This digest provides a quick overview of the most significant cryptocurrency news, that's worth your attention.

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​​AIT Protocol (AIT) enters Bittensor Neural Network to establish a marketplace for ML

AIT Protocol is joining the Bittensor Neural Network to build a marketplace for Machine Learning that specializes in Mathematics, Logical Reasoning, and Data Analytics. Registered last week, the AIT subnet has the primary mission to enhance the Bittensor ecosystem by providing a robust and reliable subnet dedicated to the computation of complex mathematical operations and logical reasoning. Furthermore, under this integration, users will be able to set up miners and earn AIT tokens through model training. AIT Protocol is the inaugural data infrastructure dedicated to data annotations and the training of AI models, incubated by PAAL AI and Metabros.

πŸ‘‰πŸ» medium.com/@contact_8643/ait-joins-the-bittensor-neural-network-shaping-decentralized-ml-bc1a97c1a65e

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​​EigenLayer TVL has increased by 171% in the past week, reaching $5.6B

EigenLayer, a restaking protocol on Ethereum, has surpassed 2.35M $ETH (~$5.67M) in total value locked. This milestone marks a growth of 171% in the last 7 days after the project increased its limit and added 3 new LSTs on February 5th. EigenLayer will open deposits for its pools on February 10th, until 4:00 UTC.

Back in March 2023, EigenLayer raised $50M from Blockchain Capital, Electric Capital, Polychain Capital, Coinbase Ventures, and others.

πŸ‘‰πŸ» twitter.com/wublockchain/status/1755838479756624000

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​​TOP Crypto Projects by Social Activity

Posts. Posts measures the number of social posts across all social channels.

Interactions include socially-driven engagements and actions such as likes, comments, retweets, and upvotes.

Social Dominance. Social dominance calculates the "share of voice" across all social media data.

CryptoDep | Community Chat | Twitter | Telegram
​​BeFi Labs (BEFI) has announced an integration of the ONTO Wallet

BeFi Labs partners with ONTO Wallet to allow users to connect their Web3 wallet, trade a variety of BRC20 assets, and cash out from the terminal to their wallet. Moreover, ONTO Wallet has listed the $BeFi token in its wallet and will work with BeFi to provide our users with easier access to the BRC20 ecosystem. BeFi Labs is a native BRC-20 & Ordinals trading terminal with rapid transactions and zero fees.

πŸ‘‰πŸ» twitter.com/BefiLabs/status/1755894648407531961

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​​Pixels has announced the closure of its $4.8M strategic investment round

Pixels, a social Web3 game built on the Ronin Network, has closed its $4.8M funding. Round participants included Fenbushi Capital, Framework Ventures, Mechanism Capital, Yield Guild Games, Collab+Currency, Volt Capital, BreederDAO, Token Metrics, and Blocore. Just yesterday, Pixels became the 46th project launching on Binance Launchpool, with $PIXEL farming being already live.

πŸ‘‰πŸ» twitter.com/pixels_online/status/1755753724016992476

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​​Ta-da (TADA) trading on xExchange went live today, on February 9th

Trading for the $TADA token is now live on xExchange! Ta-da has conducted its $TADA public sale on the xLaunchpad platform. Ta-da, incubated by Morningstar Ventures, is a "talk-to-earn" Web3 app, that connects businesses that need datasets for AI training with individuals who could earn tokens by recording and checking voice data.

πŸ”Έ Token Sale Price: $0.022
πŸ”Έ Current Price: $0.086 (~x3.91)

πŸ‘‰πŸ» twitter.com/Ta_da_io/status/1755926039086166052

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​​Top 10 dApps on Polygon by Volume (30d)

A decentralized application (dApp) is a program built on blockchain that combines a smart contract and a front-end user interface. We present the top dApps on #Polygon by volume in the last 30 days, according to the data from DappRadar.

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​​YogaPetz has raised $5M in the seed funding round led by Animoca Brands

Well3 by YogaPetz, has announced the closure of its $5M seed investment, co-led by Animoca Brands, Soul Capital, and Newman Capital. Yogapetz is a decentralized wellness ecosystem merging NFTs, yoga, and community. WELL3 will further develop and enhance the AI Yogapetz companion, including its application on mixed-reality headsets like Apple Vision Pro.

πŸ‘‰πŸ» twitter.com/Yogapetz/status/1755646539610157102

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​​Outlanders (LAND) has announced a partnership with the Kanga exchange

Outlanders teams up with Kanga, Poland's largest cryptocurrency exchange to onboard leading gaming guilds from the country. Projects will collaborate on long-term player onboarding and esports events. Moreover, Outlanders has conducted the fastest-selling IEO on the Kanga exchange. Outlanders is the first low-poly-style MMORPG in the Nakamoto Games Ecosystem, built with Unity and WebGL.

πŸ‘‰πŸ» twitter.com/PlayOutlanders/status/1755959453344555398

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​​Crypto News Digest: Key Updates You Need to Know

This digest provides a quick overview of the most significant cryptocurrency news, that's worth your attention.

CryptoDep | Community Chat | Twitter | Telegram
​​Drift Protocol raises $23.5M in a seed funding round led by Polychain Capital

Drift Protocol, a perpetual DEX on Solana, has closed its $23.5M seed investment led by Polychain Capital. Additional round participants included Ethereal Ventures, Folius Ventures, Bixin Ventures, and Solana founders (Anatoly Yakovenko and Raj Gokal). The fresh funds will be directed towards expanding Drift’s product lines as well as building out further infrastructure that will bring more users and liquidity into the ecosystem.

πŸ‘‰πŸ» drift.trade/updates/drifts-series-a-announcement

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​​Lends (LENDS) will kick off its limited staking vault with 15% APR on Feb 13th

Lends, a fixed-rate P2P lending protocol, has announced the launch of its staking on February 13th. The vault will have a limited number of places, and offer users a 15% APR with 90 day lock. Moreover, Lends recently established multiple partnerships with Beoble, SupraOracles, and Houdini Swap. Under the partnership with Beoble, Lends will integrate Beoble's chat infrastructure for its p2p lending orderbook.

πŸ‘‰πŸ» twitter.com/Lends_so/status/1756407724646998256

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​​TOP NFT Projects by Social Activity

Posts. Posts measures the number of unique social posts across all collected social channels over a rolling 24-hour timeframe.

Interactions include socially-driven engagements and actions such as likes, comments, retweets, and upvotes.

Social Dominance. Social dominance calculates the "share of voice" across all social media data.

CryptoDep | Community Chat | Twitter | Telegram
​​Upcoming Token Unlocks

Let's take a look at the compilation of major upcoming token unlocks, diving into details such as dates, amounts, and projects related to tokens that are currently locked up, but will soon be released to the market. During this week, $SAND, $UNI, $MANTA, $LDO, and $ACE will have the biggest unlocks.

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