Daily Alpha and Summary. March 6, 2025

DeFi

$12B Index fund manager Bitwise makes its first DeFi allocation via onchain credit protocol Maple finance

Redstone RED token goes live.

World Liberty Financial partners with SUI to launch a Strategic SUI Reserve

World Liberty Financial bought $25M in $WBTC ($10M), ETH ($10M), Move ($1.5M) yesterday

Uniswap has allocated $540,000 in UNI tokens for Cycle 3 of its Delegate Reward Initiative, which will distribute up to $6k worth of UNI per month to top delegates incentivize community participation in governance

World's first encrypted money market - ShadeX goes live

Skate chain introduces Skate AMM the first AMM to operate across Sol, ethereum, SUI, TON, Movement and Eclipse