Top 10 Tokenholder Yield: $HYPE, $LIT, $CAKE, $AERO, $UNI, $RAY, $PENDLE, $AAVE, $JUP, $CRV Top 10 Adjusted Earnings Yield: $CAKE, $LIT, $HYPE, $RAY, $AAVE, $JUP, $SKY, $UNI, $AERO, $PENDLE Crypto valuations don’t have to rely on narratives alone. Many crypto assets can be valued on their cash flows, earnings, and capital returned to tokenholders. Read more on The Stack:

A major use case for crypto is loading. @Citrini Research just published an interesting piece on how AI agents could change finance, and why crypto might play a big role in it. TL;DR ↓ 1/ AI Agents AI could manage our savings, invest, compare loans, and move money automatically. 2/ Traditional Banks Banks could struggle to keep deposits if AI agents constantly move money toward better rates. 3/ Crypto Blockchains allow programmable transactions and 24/7 transfers, making them a good fit for AI agents. 4/ Tokenized Assets Stocks, Treasuries, and other traditional investments are moving onchain, giving agents more assets to work with. 5/ DeFi As more assets move onchain, DeFi apps could let AI agents trade, lend, and manage them automatically. 6/ Regulation US regulators are making progress on tokenized securities, while traditional financial firms are getting more involved. I see a genuine opportunity here.

Imagine your money sits in a bank making only 3% a year. You move it to Grvt with one click. It becomes USDC. Now it’s making 11%. With the same money, you can trade US single stocks, indices, commodities, FX. 10x leverage. Funding cost is single digit annualized. 0 fee trading. And your balance is still making 11% while you trade. And it’s designed to be safer than your bank. And your neighbor can use it because it’s so simple. That’s what we’re building.