Here are today’s trends to watch from Curve Market Cap:
As BTC scrapes $26K, we see a surge in activity among most bitcoin denominated pools, with over $20MM in volume over the past day and 5 pools creeping into the top ten by volume. This thread by @DeFi_Ted provides an outstanding recap of the tokenized BTC landscape:
The author is most bullish on $oBTC due to its stability and >100% backing of assets. $oBTC has had a notably great week on Curve, now yielding a whopping 3.12% effective APY plus >20% $BOR.
Among other developments, BoringDAO recently announced a strategic partnership with NUTS Finance to integrate $oBTC into their $acBTC composite asset.
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