Join Our 800,000+ Community
DeFi had a strong run up in the first half of the year, peaking in May, and has since lagged the broader market after the correction post the China ban news. Investor focus over the summer has shifted towards L1 and L2 investments, while ETH DeFi has fallen behind. One positive in the DeFi space has been the SOL ecosystem which has performed well with names like SRM, FTT, SOL, and RAY. It was better if you held ETH or BTC over the past year than looking for passive DeFi exposure, but that may change in the last leg of the year. With Bitcoin and Ethereum nearing all-time highs, it may be the catalyst needed for DeFi names to break out of their slump.
-Harsharn Singh, Investment Associate @ Ember Fund
Thank you for reading!
Don't forget to come into the app tomorrow to continue learning about crypto!
October 03, 2023
The referral boost is now DOUBLED! Invite friends to mine Bitcoin at 2x the previous rate!
September 13, 2023
After the incredible success of our last giveaway, we're back with an even bigger 2 MILLION Sat giveaway! 🎉
September 09, 2023
It's time for the August 2023 Recap Newsletter! Here are the product highlights and milestones from the past month.