This is probably the only native protocol worth watching on Elysium at the moment. New chains win when their native protocols attract liquidity from other ecosystems. Multichain protocols are great at making the eco stable, but they are not enough for ensuring its success.

tokenizing stocks is moving very fast. -as you can see in the pic below, its market cap has moved up 18.1% in the past 30 days (which means it’s at 4.7b now). -we have 5.7m holders rn, 36 issuers, and almost 13.6k stocks have been tokenized so far, which is a huge one. -and let’s take a look at the sec pic. @xStocksFi has 41% of the total tvl in defi among other issuers. second place goes to @RobinhoodApp and then binance bstock. others just have a small share of this one. >i think there are a few reasons for xstocks being the top one. -first, they brought a lot of defi opportunities, like lending, looping, trading, adding liquidity, and many other things. -second, they provided massive campaigns during the period since they launched, like @nadoHQ or this current points campaign where you get points from lending, looping, or adding liquidity. -so let’s take a look at the third one. -as you can see, half of the top 10 stocks belong to xstocks, which are STRCx (with 51.4m), SPYx (15m), SPCx (6.8m), NVDAx (6.8m), and then QQQx (6.3m). -if you’re wondering why “others” is so huge, that’s because there are a lot of stocks that have a low tvl, and i hope they go to defi in the future.

Tokenized stocks. Automated investing. More ways to put your assets to work. Join us alongside @JupiterExchange and @xStocksFi for a closer look at what’s new and what’s next in the Zebec SuperApp. 🎙 📅 Thursday, November 5 ⏰ 11 AM ET / 4 PM UK

Marvell is acquiring Lumentum for an EV of $115B. What you need to know: Closure is estimated to happen in 14 to 20 months from now (by H1 2028). FYI, the deal could still fall through by then. Marvell will represent 67% (sixseveeeen) of the new entity, and Lumentum its 33%. Pre-acquisition, for every LITE held, you are exposing yourself to 4,5 MRVL. The ratio is currently at 4,18 MRVL per LITE pre-market. Both solana:XsuxRGDzbLjnJ72v74b7p9VY6N66uYgTCyfwwRjVCJA and $LITEx are tokenised by @xStocksFi and available for onchain trading on @solana .

Very cool to see solana:XsbEhLAtcf6HdfpFZ5xEMdqW8nfAvcsP5bdudRLJzJp dominating in volume among tokenized stocks on @solana with $27,3M traded in the past 24hs, ahead of its Q4 earnings (Nov 2nd). $AAPLx trades 24/7 onchain.

Google nuked yesterday, recording its worst single-day drop ever (-12.64%). I repeat: one of the most important stocks in the world had its worst day ever on the stock market. Thank you @xStocksFi for giving me the opportunity to buy dips before markets open. Now send it. solana:XsCPL9dNWBMvFtTmwcCA5v3xWPSMEBCszbQdiLLq6aN

solana:Xs78JED6PFZxWc2wCEPspZW9kL3Se5J7L5TChKgsidH is by far the most successful tokenized stock in DeFi for multiple reasons: deep liquidity onchain, wide distribution, retail appeal. You can see it on @pendle_fi: - TVL: $39M ($5M in liquidity in the +/-10%) - Volume: $500k per day (on average) Compared to all the others: - 444x the TVL and 155x the volume (last 24hs) of Robinhood’s $PFE. - 475x the TVL and 15x the volume of Coinbase’s superTSLA. There are a few takeaways from this: 1. STRC itself is the perfect stock for Pendle. 2. Low dividend and exotic yield-bearing tokenized stocks do not have enough appeal or structural demand coming from DeFi users (I told this to everyone multiple times and no one has proven me wrong so far). 3. @xStocksFi still is (even in the aftermath of the RH memestocks frenzy) and will remain the standard in DeFi for tokenized stocks.

We’re in that part of the trend where you will never be sure if the project is going to immediately rug you or not. I’m happy for those who profited heavily from the first couple of weeks, but now things are going to become harder and harder. My only advice would be to hold on to leaders: they will drive and display if there any more appetite for the trend or not and will most likely not rug you in a day. This means: (1) top launchpad coins and (2) solid large memes (riskier tho, I would stick to the former). Less volatility but better risk-adjusted return, especially in this phase.