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Market Overview - The crypto market has seen limited innovation over the past year [1] - The current bull market is primarily driven by BTC and Ethena, with other protocols playing supporting roles [2][3][4] Key Players - BTC is considered a leading cryptocurrency [3][4] - Ethena is a significant player in the DeFi space in 2024 [3][5] DeFi Trends - Ethena and Pendle are major contributors to DeFi yields in 2024 [5][6] - High APR (100%+) low-risk mining opportunities have largely concluded [7] Future Outlook - There is anticipation for a potential market boost in September [8]