Daily Alpha and Summary. October 8, 2024

DeFi

Redstone launches BTC oracle solution that’ll track in real time the amount of staked BTC, monitor the issuance of LSTs and calculate the Net Asset Value (NAV) of these tokens. It’ll debut on BTC LST, Lombard

Digital asset custodian with $5B under management, Hex Trust collaborates with RWA protocol Clearpool to launch Ozean blockchain for RWA yield supported by Optimism

Scroll announce launch of token, SCR, which will be listed on Binance Launchpool today.

Solv introduces Staking Abstraction layer (SAL) to abstract the complexities of Bitcoin staking expanding BTC staking to other chains and making it easy for BTC holders to access yield while maintaining liquidity and security.

Jupiter App goes live on iOS

Native USDC goes live on SUI

BTC L2, Bitlayer closed a $9M Series A extension round, led by Polychain Capital and co-led by Franklin Templeton

MEV solution Semantic Layer closes $3M seed round led by Figment as they aim to capture MEV to app/users only through Application Specific Sequencing

Puffer Finance announce Puffer token launch

Agoric Orchestration API is now live on mainnet and opensourced for Devs Multichain Dapps

Consumer layer, L3 expands to Solana

Cross chain Interop Router Protocol integrates with Solana