Ripple is adopting the Chainlink standard to enhance the utility and access of its Ripple USD (RLUSD) stablecoin in DeFi.

Daily Top Performer —  DeepBook (DEEP)

The S&P 500 fell 1.11% as rising Treasury yields and inflation concerns hit markets, with tech and AI stocks leading the decline. Coindesk Indices, an index measuring broader cryptocurrency market performance was down by 6.05%, with Bitcoin and Ether dropping by 5.67% and 8.17%, respectively in the past 24 hours.

Today's top performer is DEEP, which surged 4.2% following the announcement of the collaboration between DeepBook and NAVI Protocol, enhancing the utility of DEEP tokens in the Sui DeFi ecosystem.

DeepBook (DEEP), launched in 2023, is a native liquidity layer for the Sui ecosystem, utilizing a central limit order book system to execute trades. It focuses on providing high throughput, minimal slippage, and low fees. 

, allowing users to use DEEP tokens as collateral to borrow from 19 other assets, enhancing their utility within the Sui DeFi ecosystem.

Check Out the Latest Prices, Charts, and Data of 

 to enhance the utility and access of its Ripple USD (RLUSD) stablecoin in DeFi. By using Chainlink’s Price Feeds, Ripple can now provide secure and reliable pricing data for RLUSD on the Ethereum blockchain, enabling its integration into DeFi applications like trading and lending. This collaboration allows Ripple to offer high-quality offchain data to accelerate RLUSD’s adoption. Chainlink’s decentralized infrastructure ensures secure, tamper-proof, and accurate pricing, supporting RLUSD’s expansion within both institutional and decentralized markets.

Yesterday, BTC Spot ETFs experienced total outflows of $543.7M, including $125.4M from GBTC and $418.3M from non-GBTC sources.

 offers 50 free loyalty points for completing simple tasks like following on X, reposting, and joining Discord. Participants must join the PIN AI Telegram game and have a Galxe Humanity Score, Passport, or Subscription to qualify. Keep playing to earn more points and potential eligibility for a future airdrop.

Beginner

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Ripple Enhances RLUSD Utility in DeFi with Chainlink Price Feeds Integration

Velodrome Finance, an AMM built on the Superchain network, aims to offer marketplace features from Convex and Uniswap in one convenient place. Learn more here.

 finance fields right now is liquidity provision. There are all sorts of 

 looking for ways to sell liquidity to markets while providing profits for their own community members. Velodrome hopes to break free from the pack and beat its competitors with its uniquely user-focused experience. This liquidity provision service boasts a helpful combination of decentralization, user incentivization and user-led governance. To learn more about Velodrome's features and see how its token is performing, keep reading this guide.

 is an automated market maker (AMM) built on the 

 network that aims to offer marketplace features from Curve Convex and Uniswap in one convenient place. It’s designed to provide liquidity to many other programs while also allowing traders to swap tokens.

The Superchain network is an ecosystem that combines multiple blockchains into one seamless network. Initially launched by the 

 ecosystem, Superchain now has a variety of partners. It works with many Ethereum-based chains, including 

Velodrome Finance’s evolution has involved various stages. The project 

 (DeFi) architect who previously helped to found 

. One of the many features of this DEX was veDAO, a 

A few months after its launch, Solidly's founders parted ways over a disagreement. Initially, this left the future of veDAO up in the air. However, community members banded together and decided to save their system. veDAO took the best parts of the Solidly DEX design and moved it to Optimism. 

Velodrome's main goal is to create a sustainable and user-focused version of other popular liquidity providers, such as Uniswap and Convex for Curve. Unlike many other automated market makers, Velodrome is entirely run by its users. As a DAO, Velodrome encourages users to submit proposals and vote on proposals. By giving users the ability to regulate everything from fees to branding, Velodrome ensures that each participant's opinions are heard.

Velodrome's governance model is also meant to incentivize users to commit to long-term community growth. Unlike some systems that are all about short-term individual profit, Velodrome has incentives that specifically reward those involved in community growth. It believes this design ensures the system has regular users who make decisions that enhance its overall sustainability.

 starts with liquidity providers temporarily placing their tokens in concentrated liquidity pools. Traders then use funds from the liquidity hub to facilitate trading with minimal 

, paying low fees for the privilege. These fees are then transmitted to liquidity providers in the form of VELO emissions. Liquidity providers can choose to lock their VELO tokens, if they wish to join the Velodrome governance model and vote on protocol upgrades. This flywheel cycle has a seven-day timeline. Every week, Velodrome updates its system to recalculate votes, trading fees and VELO emissions. 

Another unique mechanic of Velodrome Finance is its blockchain base. Instead of being built on a single chain, Velodrome is designed to run on the Optimism Superchain network. When operating the liquidity management system, Velodrome doesn't focus on individual liquidity pools based on a token's home chain. Instead, its protocol router evaluates multiple types of liquidity pools to automatically select the one with the most efficient prices and optimal trade execution routes.

Velodrome is a fairly focused AMM. Instead of providing a wide range of services, it prioritizes doing an excellent job at just a few things. 

Velodrome's swapping service lets traders exchange one type of coin for another. It currently supports a broad range of coins, both on and off the Optimism Superchain network. This form of trading has many uses, ranging from portfolio management to profiting from market changes. Velodrome's convenient three-step system simply requires users to link their wallets, choose their desired tokens and approve their fee quotes before swapping.

Velodrome offers concentrated liquidity pools that help DEXs function properly. In exchange for these services, liquidity providers on Velodrome earn financial rewards. For many investors, participating in a liquidity hub is a way to 

 on tokens they don't yet want to sell. Velodrome's ability to provide deep liquidity is so popular that it's the primary liquidity hub on the Superchain.

Velodrome has changed a lot since its early days as a token-swapping system, gradually adding features like decentralization, dynamic fees and a 

 (DApp) interface. Its long-term future will depend upon the changes its DAO votes on. However, there are already 

 currently in the works. In 2025, Velodrome plans to add more dynamic pricing options, additional governance methods, Superchain-based voting and bridgeless Superchain swaps.

The Velodrome ecosystem relies on the following two tokens to function properly.

 – based token that’s used for fees and liquidity provision. You can obtain VELO either by purchasing it directly through the market, or by contributing to liquidity pools and receiving VELO liquidity incentives.

If desired, users can lock their VELO tokens in order to receive veVELO, an ERC-721 governance token that exists as an NFT. The amount of veVELO you receive for your VELO is in part directly proportional to the amount of time you choose to lock your tokens. People who hold veVELO can submit and vote on community proposals for the Velodrome platform.

The VELO utility token has a circulating supply of roughly 900 million, with plans to unlock more tokens in the future. These 

The VELO token was initially selling for around $0.04. However, after the project’s DAO adapted its platform from Solidly to Velodrome, token prices took off. In April 2023, March 2024 and December 2024, VELO token prices spiked. While the VELO token price is down from its all-time high of $0.42, it’s still sitting in the $0.10–$0.20 range. 

This pricing pattern seems likely to persist for a while. Binance 

 will reach an average price of around $0.17 in 2025. However, other price predictors are even more optimistic, with CoinCodex suggesting there will be a price jump in February 2025, resulting in yearly average prices of around 

Looking to trade Velodrome tokens? Bybit now offers the VELODROMEUSDT Perpetual contract. To get started, you’ll first need to create a Bybit account, then fund it with cryptocurrency and navigate to the 

Velodrome has plenty of competitors in the liquidity management field, but several factors make its token a good investment. First of all, the VELO utility token has been around for quite a while. This stability makes it more reliable than tokens that were just recently added to the market. Secondly, VELO has a history of sharp price increases; the token is highly responsive to positive press and market upturns, so there's a chance for high prices. Finally, Velodrome is performing well, and Its partnership with the Optimism ecosystem has helped it attract users.

Nevertheless, any crypto token features some volatility in its price. For example, a DAO voting for abnormally low fees could cause sudden price downturns. If you want to invest in the VELO token, make sure to 

. As with any other medium-risk token, VELO isn't reliable enough to be the only asset in your entire investment portfolio.

Velodrome has done a great job of transitioning from a DeFi tool to its own standalone liquidity provision system. By functioning as the primary liquidity hub on Superchain, Velodrome provides minimal slippage, deep liquidity and reasonable trading fees. Furthermore, its liquidity incentives appeal to a wide variety of users and help keep the system running. Ultimately, the Velodrome platform and the VELO token have a lot to offer to the world of decentralized finance.

Intermediate

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Velodrome Finance (VELO): A Liquidity Hub for the Superchain

Our monthly report delves into insights from options volatility to inspire your next crypto move.

Following the significant expiration of contracts on Dec 27, 2024, and despite the largest single-day expiration in crypto derivatives history, the anticipated spike in volatility did not materialize. Instead, the realized volatility of BTC, ETH and SOL declined, defying expectations. Key takeaways include the following:

Please check out the report’s highlights.

Market Dynamics Post-Expiration in December 2024

Although the December 27 expiration saw over $435 million in contracts expire, the actual market response was muted. Only $65.53 million of BTC options expired 

 (ITM), indicating that the majority of significant contracts expired worthless. The clustering of ITM puts and calls at high strike levels (between $70K and $105K) highlighted the lack of significant hedging activity that typically drives volatility during expiration events.

As a result, realized volatility for BTC, ETH and SOL fell, with the most notable declines observed in the days following the expiration. This trend reflects a market environment in which sophisticated trading strategies haven’t led to the anticipated volatility spikes, indicating a cautious sentiment among traders.

Could $100K Hold This Time? — and Volatility Premiums

Despite the lack of immediate volatility following the expiration, forward-looking volatility expectations for 2025 remain elevated. Implied volatility levels for BTC and ETH have traded sideways, but the premium over realized volatility is at its highest since before the Nov 5, 2024 U.S. elections, suggesting traders are preparing for potential future price swings.

The term structure of implied volatility indicates a stable demand for short-term options, even as the market navigates a quieter winter. Meanwhile, the return to BTC prices above $100K hasn’t seen the same level of inversion in term structure as previous rallies, suggesting a less aggressive market stance. However, a bullish call-skew in shorter-tenor volatility smiles indicates ongoing optimism among traders regarding potential price movements in the near future.

Advanced

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Bybit X Block Scholes Option Volatility Report (January 2025): Reflections From Year-End Expirations; Will $100K Hold This Time?

Discover Rifampicin (RIF), a Solana-based token merging decentralized science with longevity research on Pump.science. Explore live experiments, gamified funding and predictions.

Rifampicin (RIF) is the gamified compound token for the Rifampicin experiment, representing longevity research conducted with the compound Rifampicin. As part of the 

 (DeSci) movement spearheaded by Molecule and 

, RIF is connected to the Pump.science platform, which leverages blockchain’s decentralized nature to democratize access to research and innovation.

This guide explores what Pump.science is, the RIF token (including its launch and trading) and the way Pump.science seeks to address critical challenges within longevity research.

 highlights three core challenges in developing life-extending interventions.

Traditional research, such as that conducted through human and mouse trials, is often slow and expensive. With more potential drug molecules than atoms in the universe, high-throughput methods are essential. Pump.science leverages blockchain and gamification to balance speed, cost and quality, accelerating discoveries while maintaining data integrity.

 is a blockchain-based research protocol that democratizes the process of conducting and funding scientific experiments, with a focus on longevity research. By breaking down barriers to scientific innovation, Pump.science fosters a more inclusive and creative environment for discoveries.

The platform allows users to propose longevity-focused drug regimens, test them on experimental platforms such as 

 (with plans to expand to other models) and retain ownership of the resulting intellectual property (IP). Results are transparently shared for community review and collaboration.

Think of it as a virtual arena for scientific experimentation, in which regimens compete to extend lifespans. The Colosseum is now a petri dish, the gladiators are microscopic organisms and their weapons are cutting-edge longevity strategies.

How Pump.science Aims to Solve the Longevity Trilemma

Pump.science uses tools such as WormBot to gamify research, creating a Percentage Life Extension (PLE) score as a benchmark for success. Here’s how the basic process works:

This approach reduces research costs, democratizes participation and introduces a transparent, collaborative system for scientific advancement.

Pump.science is a blockchain-based platform that decentralizes and funds longevity research through gamified experimentation. Its process includes the following steps:

This milestone-driven approach combines accessible funding with transparent experimentation, enabling a collaborative and efficient path to discovering effective longevity compounds.

Pump.science integrates decentralized funding with structured, milestone-based experimentation, ensuring each stage is financially feasible and tied to measurable thresholds, as follows:

These thresholds are informed by extensive analysis of historical trading data on platforms like 

, ensuring alignment between funding goals and realistic market behavior.

Efficient and Transparent Research Funding

This structured funding model reduces reliance on centralized gatekeepers, enabling community-driven innovation and collaboration.

 (RIF) is a token on the Solana blockchain that represents ownership in longevity experiments using the compound Rifampicin. Traditionally an antibiotic, Rifampicin is gaining attention for its potential anti-aging properties. Studies of 

 (worms) suggest Rifampicin enhances cellular defenses against stress and damage, extending lifespan by maintaining protein quality and reducing oxidative stress.

On Pump.science, investors can fund and monitor real-time experiments by using RIF tokens.

The RIF token represents intellectual property and experimental rights for Rifampicin on Pump.science. Participants can trade the token and view data from studies that assess its impact on longevity. Its tokenomics ensure efficient funding, as well as transparency and scalability for advancing scientific discovery.

As trading scales, RIF tokens empower participants to fund and benefit from transformative scientific breakthroughs.

 (FDV) of $42 million, reflecting its total supply of 1 billion tokens. Its price performance indicates its potential, as follows:

Pump.science’s clear and ambitious road map for 2025 indicates that the platform is set to expand its impact on decentralized longevity research.

By integrating RIF tokens and leveraging blockchain for funding and data sharing, Pump.science is transforming longevity research into a collaborative and gamified frontier.

Rifampicin (RIF) is now available to trade as a Bybit Perpetual contract. Trade 

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Rifampicin (RIF): Gamified Decentralized Science

Bybit Learn

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Solv Protocol serves as an on-chain Bitcoin reserve, offering BTC holders the opportunity to earn yield on their assets through SolvBTC and more.

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 currently boasts a market capitalization of $1.96 trillion, solidifying its position as the world’s most valuable cryptocurrency. Yet, much of this BTC remains idle in investors' wallets, held for long-term gains. But what if there were a way to generate yield while 

ing Bitcoin? Enter Solv Protocol — a platform designed to maximize Bitcoin's utility by enabling users to earn staking and 

 (DeFi) yields on their BTC holdings. Let's dive in!

 serves as an on-chain Bitcoin reserve, offering BTC holders the opportunity to earn yield on their assets through 

 (WBTC) for SolvBTC, which can then be utilized in 

 (LSTs) across multiple chains. By integrating with BTC liquidity solutions, Solv Protocol bridges the gap between Bitcoin and DeFi. The platform currently boasts $2.7 billion in 

 (TVL), with nearly 26,000 BTC staked and over 590,000 users.

 is Solv's universal Bitcoin reserve token. Designed to unlock the full potential of over $1 trillion in BTC assets, SolvBTC ensures price stability with a direct 1:1 peg with Bitcoin. 

Users can mint the SolvBTC token by depositing either native Bitcoin or WBTC. Doing so provides them with an asset they can utilize to earn additional yield on their Bitcoin holdings via 

Through Solv DeFi vaults, you can utilize your Bitcoin in DeFi applications to generate yield and 

. Solv Protocol has integrated DeFi protocols from across 12 blockchains, enabling users to execute SolvBTC strategies ranging from lending and liquidity provision to staking and restaking.

SolvBTC LSTs establish the standard for all liquid staking tokens within Solv’s ecosystem. By staking SolvBTC in the form of an LST, you can earn staking rewards on your assets while maintaining liquidity. Since there’s no need to lock up your Bitcoin, you can generate additional yield on SolvBTC LSTs by depositing them to DeFi protocols. These liquid staking tokens can be unstaked at any time to access SolvBTC deposits and cash out staking rewards, and can be transferred seamlessly across multiple blockchains. Examples of SolvBTC LSTs include SolvBTC.BBN, SolvBTC.CORE, SolvBTC.ENA and SolvBTC.JUP.

How Does Solv's Staking Abstraction Layer (SAL) Work?

SAL is the core infrastructure underpinning Solv's ecosystem. As a unified interface for Bitcoin holders, it abstracts BTC staking's complexities across several blockchains. SAL provides users with a range of multichain yield-generating strategies, which they can execute while holding SolvBTC (a liquid representation of their BTC holdings). SAL integrates with different DeFi platforms and ecosystems, simplifying the process for holders who wish to diversify their yield strategies while keeping exposure to Bitcoin.

How Solv Protocol Enables Users to Earn Yield on Their Bitcoin Holdings

Solv enables users to participate in DeFi by providing a seamless entry point into staking for Bitcoin holders. This is in great contrast with BTC residing on the Bitcoin mainnet, which lacks native yield-generation properties. As mentioned above, with Solv Protocol users can swap their BTC for SolvBTC to earn staking rewards via SolvBTC LSTs and generate yield via DeFi protocols.

In addition to offering new opportunities for Bitcoin holders to maximize their earnings, Solv's platform also simplifies the BTC staking process and makes it accessible to more users. In addition, Solv is integrated with multiple blockchains — including Bitcoin, Ethereum, BNB Chain, Merlin Chain, Arbitrum, Botanix, Linea, Scroll and Core — unifying liquidity across these chains and enabling users to access cross-chain yield opportunities with minimal effort through SolvBTC.

Solv Protocol maintains a transparent Proof-of-Reserve (PoR) system to ensure SolvBTC's 1:1 peg with BTC. These on-chain reserves can be publicly verified by anyone, with Solv featuring completed security audits from Quantstamp, CertiK, SlowMist, Salus and Secbit.

Solv's ecosystem consists of the following key players.

Solv Protocol offers an innovative solution for BTC holders seeking to maximize their assets’ utility beyond long-term investment. By bridging the gap between Bitcoin and DeFi, Solv empowers users to maintain liquidity while they earn rewards through staking and via LSTs. 

With its seamless multichain integrations and transparent 

 (PoR) system, Solv Protocol simplifies BTC yield generation, making it accessible to a broader audience and unlocking Bitcoin's full potential.

You can also earn rewards with Solv Protocol on 

 through Jan 20, 2025, 10AM UTC. Simply stake Solana (SOL) tokens as Bybit Staked SOL (bbSOL), and you can win a share of 1.3 million native Solv Protocol (SOLV) tokens. Don't miss this exciting opportunity to maximize your holdings — 

Solv Protocol: Earn Diverse Yields Through Bitcoin Staking

Grab Up to 5,000 USDT in Rewards

Grab Up to 5,000 USDT in Rewards