pendle ranks #8 in protocol revenue but trades at 5x earnings. polychain dumped $9m at a loss after accumulating all year. protocol hit record fees in october, processed $58b in fixed yield, yet down 57% from september. vcs capitulating into revenue growth at distressed multiples. ...

Hyperliquid founder Jeff clarified that claims the platform prioritizes protocol revenue are FUD. He said the Oct. 10 ADL event earned users hundreds of millions in profits; using backstop liquidation could have given HLP more gains but with higher risk. The ADL instead passed profits to users while reducing platform exposure. Jeff added that Hyperliquid’s ADL mechanism is similar to major exchanges, emphasizing that “simple formulas are more robust and easier to understand.”https://t.co/mZnyEpN4ME ...

RT Solv Protocol (@SolvProtocol)Any idea where this should flow? 🤔30D Protocol Revenue is almost 20 $BTC or around $2.4MFAT APPh/t @tokenterminal https://t.co/aPiggSz2Rz ...

Yields & Staking - Berachain validators earn 371% APR from protocol revenue, not token inflation [1] - Binance launched 299% staking yields competing with Bitget's 60% POL rewards [1] - Industry questions the authenticity of high staking yields, suggesting potential mispricing of BERA at $237 [1] Infrastructure & Investment - BitGo built custom infrastructure for a $298 million protocol [1]

Solana Ecosystem Data APIs - Top Ledger is unlocking Solana's ecosystem with institutional-grade data APIs [1] - The platform offers access to over 100 endpoints [1] Data Coverage - The APIs cover protocol revenue, MEV, stablecoin flows, DEX volumes, wrapped BTC usage, compute usage, and launchpads [1] - The platform provides structured, reliable, and comprehensive coverage of Solana [1] Target Audience - The platform is built for developers, analysts, and teams seeking deeper visibility into the Solana network [1]

Raydium Protocol Overview - Raydium Protocol is powering Solana's dominance [1] - Bonk, XStocks, and other products are built and live on Raydium, generating revenue for the Raydium ecosystem's buyback program [1] Financial Performance - Cumulative monthly volume reached $40 billion, a 71% month-over-month increase [2] - Protocol revenue totaled $1833 million, a 137% month-over-month increase [2] - Programmatic RAY buybacks amounted to $57 million [2] Market Outlook - The report suggests a positive outlook for Raydium, indicating it's "Raydium Season" [1]