$PEPE is rumored to be listed on major exchanges, as it has surpassed the top memecoins $DOGE and $SHIBA in daily trading volume, and this could be attractive for exchanges. Perpetuals are also expected, initially offered by BitMEX on May 3rd
$BTC Ordinals Inscriptions have surged lately, breaking 3M over five months. With a $120M market cap, the sector might grow substantially if CEXs support BRC-20, as rumored with Huobi and Binance
The leading BRC-20 tokens are $ORDI, $PEPE, $MEME and $PUPS
Blur's Blend launch may trigger the NTFI season by introducing leverage to the NFT market, increasing volatility in the sector. Key projects include $BLUR, $X2Y2, $BEND and $JPEG
SUI Mainnet will launch on May 3rd. $SUI will initially trade at a low float of 5.28% circulating supply, most of which comes from Binance Launchpool and users’ whitelist allocations
Lido V2 will allow $stETH withdrawals in early May. As $LDO is the largest staking depositor with 6M $ETH, this may be the final wave before net flows turn positive as deposits outpace withdrawals
$FXS leads the growth in LSDs post-Shanghai, with over 170k $frxETH deposited, as it offers the highest staking yield due to its strong $CVX position
Fraxlend will also introduce $frxETH as collateral, further boosting $sfrxETH staking yields and attracting more deposits to catalyze the flywheel
The upcoming FRAX V3 will end $FRAX reliance on $USDC by becoming fully collateralized and using the excess collateralization for $FXS buybacks
$crvUSD stablecoin is set to launch soon. Recently it was deployed on the Sepolia Testnet, and the contract deployer has been funded with 30 $ETH, suggesting an imminent release
$ARB incentives will start kicking off after the $149M airdrop to DAOs, mostly in the form of liquidity mining or trading incentives. Projects with the highest ratio of allocation value relative to their market cap include $VSTA, $XCAL, $Y2K, $PLS and $JONES
$yETH, a basket of LSDs with boosted yields, and $veFYI, which will enable revenue sharing with stakers, are two Yearn's products expected to launch in May
$OP Bedrock Upgrade, having passed the initial governance proposal, will significantly reduce transaction fees and enable zero-knowledge proof usage.
Spark Protocol, $MKR's new lending product built on Aave V3, is expected to launch soon
$SUSHI V3 voting goes live in late May, offering higher capital efficiency and improved tokenomics.
$VELA Exchange officially launches in May
$MPL Cash Management and US Treasury Pools launch on May 3rd
$PLS v2 tokenomics upgrade goes live in May, introducing $bPLS with increased token utility, bribing rewards and significantly reduced inflation
$UNIDX perpetual aggregator V3 is launching soon, integrating over 19 DEXes from different chains
$GALA v2 tokenomics upgrade goes live on May 15th, with the airdrop of new tokens on a 1:1 ratio to current holders. The upgrade will also feature a burn mechanism and security enhancements
Avax Summit, the largest $AVAX conference, takes place from May 3rd-5th
Aave V3 is expected to launch on METIS after the governance proposal ends on May 4th.
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