jakiro
Author: Xiaoyue Xiaochu, beard watching coin member Source: x,@rueexiaochu
The BTC and ETH’s Dayang line illuminates the market and has brought hope to the currency circle.
ETH’s ETF is successfully passed, and the ETH ecology project benefits, and the increase may exceed ETH.Therefore, we should focus on.
In ETH ecosystem, the largest ones are these sections and projects
1. layer2
Main items: ARB, OP, Strk, Metis, Manta
As the goal of ETH as a global computer, Layer2’s accusation is to bear the prosperity of ETH ecosystem with high TPS and low GAS.Its importance and value are self -evident.At the same time, Layer2 is the highest market value section in ETH ecosystem.
However, most projects are also typical of recently criticized low -circulation and high FDV institutional currencies.As the third of the four heavenly kings, ARB, OP, and STRK have exceeded $ 10 billion.
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ARB is the highest in all projects and the largest number of DAPP.However, ARB’s pull -up disc is relatively weak, and there have been a lot of unlocking recently.
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The advantage of OP is the ecology of the super chain formed by OP Stack, which gathers a large number of outstanding projects and capital.OP’s pull -ups in history are fiercer than ARB, which may be a preference for funds.
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Strk is the core of ZK, and ecological suggestions and users are not as good as the first two.However, its market value is lower than that of ARB and OP, and it has fallen all the way after the listing of the currency. There is no decent rebound.
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Metis is a hot spot for a period of time. With decentralized sorters, it is also very large after the launch of Binance.
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Manta is a representative of Layer2 created by modularly. The team is very hard and the development of ecological projects is very rapid. The market value of circulation is only $ 400 million, which is the lowest.
2. LSD
Main projects: LDO, SSV, PRL
The LSD protocol is mainly node -related pledge services that emerge from ETH Shanghai from POW to POS.LDO is the largest service provider. It has the highest TVL on the entire network and has a market value of 2 billion in circulation.
SSV is an infrastructure setting of distributed nodes. The recent performance is not bad.
3. DEFI
Main projects: Pendle, Uni, AAVE, CRV, MKR
DEFI should be the most familiar to everyone.As the largest innovation sector in the last round of bull markets, the application of DEFI has spread to daily daily aspects on the chain.Core players include UNI, AAVE, CRV, MKR, etc., which represent DEX, lending, stable currency transactions, stable coins issuance, etc.
Due to the maturity of DEFI, this cycle is basically based on the previous upgrade, and the degree of innovation is not enough.Relatively new is Pendle, which divides the tokens into the principal and interest, and use it to trade future benefits.PENDLE was also received by TVL and currency price some time ago.
4. Stable currency based on ETH mortgage
Main projects: ENA, LBR
There are many ways to issue stablecoins.One of them is the issuance of mortgage assets, and the biggest is that the mortgage asset is undoubtedly ETH.After LSD and RESTAKING, the project party will get mortgaged ETH to obtain liquidity benefits.Such stable coins have a natural yield.At the same time, the project party conducts some token incentives, and the dividend of coin borrowings, etc., and this year’s revenue is very considerable.
LBR in 23 years is one of them.This year, the foundation of ENA in the Launchpool project of Binance is the same, and ENA uses the value of mortgage assets to overwhelm the derivative of the derivative.
ENA’s TVL is as high as US $ 2.5 billion, and its market value is 1.3 billion US dollars.
5. Restaking
Main projects: Rez, Ethfi
RestAKing is the most important in my eth market in this round of ETH, because there are two reasons
1) New sector, market funds often prefer to hype new sectors2) The market value of circulation is small, of which the market value of ETHFI circulation is 460 million US dollars, and the market value of Rezon’s circulation is 150 million US dollars3) EIGENLAYER, as a leader, has been determined by the number of airdrops, and the time of the transaction is not far away.
