
.@Monad’s last 24h looks like someone flipped a switch 🚀 Active addresses popped 51% to 113k ⛓️ Txns jumped 18% to 2.35M 🏗️ Deployments also spiked, hinting at early builder momentum One of the cleaner growth curves among new ecosystems
Level 3 Labs
85 posts

@Level3Lab
Building fun things where AI, identity & culture collide.

.@Monad’s last 24h looks like someone flipped a switch 🚀 Active addresses popped 51% to 113k ⛓️ Txns jumped 18% to 2.35M 🏗️ Deployments also spiked, hinting at early builder momentum One of the cleaner growth curves among new ecosystems







There are at least 27 open @solana based funding or grant opportunities you can tap from right now Here are the top 3: 🟣 Standard Solana grants program: solana.org/grants-funding… 🟣 Solana Student Hackathon (registration 20 Nov–7 Dec, build till 19 Dec; $17k in main prizes): solana.com/universities/h… 🟣 The Moonshot Fund (Size: $1–$20,000 per project): superteamdao.notion.site/83c58aeae9cd44…





> One of the fastest growing DeFi protocols to exist > Self sufficient with no VC funding > Generating $273m annualized revenue Here's our analysis of @sparkdotfi, a flagship Defi protocol protecting capital and delivering sustainable yields Spart is an institutional-grade DeFi protocol for everyone Looking at data from July alone, Spark now has 17% of the lending market. A 700% increase since July @aave has the largest market share of the lending market but has since had a 3% drop since July. Note that lending market is different from TVL Speaking of TVL, Spark boasts of over $8bn at the moment, thanks to data from @DefiLlama, with a peak TVL of $10.4b earlier in November. This represented a 40% TVL increase since July You can use @sparkdotfi on a number of chains, including Ethereum, Base, Arbitrum, and others. The top 4 chains by TVL are: 🔸 Ethereum 🔸 Base 🔸 Op Mainnet 🔸 Arbitrum With Ethereum boasting a 95% mindshare With all these increases in dominance and TVL, while staying robust and safe to use, you'd think the $SPK token would reflect this strength. But that hasn't been the case The price of $SPK has dropped more than 86% from its ATHs. Currently at $74m market cap, is a far cry from other top DeFi protocols. For context, @sparkdotfi generates $273m in annualized revenue at an average of $22m monthly. This places Spark as the 5th non-chain revenue-generating crypto project. Here are the top 5: 🔸 Uniswap 🔸 Ethena 🔸 Pump.fun 🔸 Aave 🔸 Spark $SPK has a total supply of 10b tokens, with 2.4b of that circulating, and 410m staked It's incredible what the @sparkdotfi has built with no external funding. A good reminder that you can build something that gains traction as long as it's relevant and a product-market fit







