Who's Shipping?

Despite the markets crabbing along painfully, builders are still building, shippers are shipping, and deals are being made across the ecossytem.

Here are a few major rollouts from the last couple of weeks that are worth putting on your degen radar.

Pendle launches Agentic DeFi

There’s no doubt that Pendle has been killing it in the yield trading space, and its latest rollout of agentic assistants to help navigate the complex world they operate in could be a major game-changer.

These AI helpers will make generating juicy yields even easier for users, and one could expect to see their protocol metrics continue their already impressive ascent off the back of this.

Integrations of agent infrastructure from the likes of Giza, INFINIT, Symphony, and Artificial Financial Intellegence aim to keep Pendle in the driver's seat of onchain yield trading, a sector that does around $5 trillion in volume in the Trad-Fi world.

Coinbase integrates DEX trading into its app

Many of us have been left wondering where the next wave of capital will come from to provide a much-needed pump for our bags. This may well be it!

By integrating DEX trading into their application, Coinbase has taken a world that was previously only available to onchainers, and opened it up to the world of centralized exchange normies. A win-win for all.

This update has some seriously positive knock-on effects for platforms like Aerodrome, which recently went live with its Ignition launchpad. Tokens launched on Ignition will be instantly available to all Coinbase App users. The recent launch of $LITKEY is the latest example of this mechanism in action.

Visa enables stablecoin payments

As we degens are at peak pessimism, the big players from the Trad-Fi world continue to pile on.

The latest of these traditional finance giants to go all in on the space is Visa, with its announcement of stablecoin payments available in four different tokens across four different blockchains.

These stablecoins can be instantly converted to 25 different fiat currencies if one chooses to do so.

Visa has witnessed stablecoin spending on its platform quadruple over the last quarter and has facilitated over $140 billion in magical internet bean flows since 2020 alone.

Solana adds digital gold thanks to Byreal and $XAUtO

This one is for all the non-existent Peter Schiff fan-boys out there.

Byreal has successfully completed its omnichain deployment of $XAUtO, Tether's digital gold product with unified liquidity across a multitude of major chains.

This means that users of the most degenerate chain in history, Solana, can now hang up their gambling gloves and join the world of boomer, doomer gold bugs by owning their very own digital pet rock.

With gold's recent inflation-driven success, it will certainly be interesting to see if there is any demand for the product on a network that consists mainly of $10k marketcap shitcoin snipers.

TreehouseFi brings $tETH to Base

TreehouseFi, a major player in the DeFi fixed income game, has launched its $tETH product over on Base.

This allows $tETH holders to bridge over to the layer-2 network and put their $tETH to work with lower gas fees, more speed, and the chance to score some pretty sweet bonuses in the process.

Users who bridge more than 0.02 $tETH over to Base before December 14 will earn themselves 500 Nuts points, which help increase the yield earned on their holdings.

Those who go a step further and supply liquidity to the $tETH-$wstETH pool on Balancer V3 will earn an extra 100% Buff to their Nuts points, which further compounds the yield earned.

Closing thoughts

With all the move-making going on in the industry we log into every day, the rational optimist can’t help but see past pessimism that has been rife this cycle.

However, time and again, it’s important to zoom out and realize that our once little industry of redacted gambling addicts is growing at a rapid pace into something that simply cannot, and will not be stopped.

Stay bullish.