sealaunch intelligence

That yield premium reflects in the demand for this asset as collateral in lending markets. syrupUSDC and syrupUSDT deposited on Aave have grown from ~$200M in November to +$900M today. Sources: → stableyields.xyz/outlier-finder → dune.com/sealaunch/syru…

Another yield outlier is syrupUSDC on @maplefinance, currently at 4.28% base APY in a $3.3B pool (+68 bps above the T-bill).

On StableYields, blue chip filter means: protocol TVL above $1B, pool TVL above $150M, sorted by non incentivised APY. StableYields' Outlier Finder plots pools on a chart with APY on the Y axis and TVL on the X axis, as a risk/reward proxy, and with T-bill benchmarking to surface opportunities. Check it at stableyields.xyz

TVL grew from $230M to $309M, +34% in a month, +8.66% in the last 7 days.

Looking at current blue chip pools in DeFi to understand yield opportunities, one of the outliers is sGHO (Savings GHO) on @aave with $309M in TVL and currently with 4.51% base APY, +91 bps above the T-bill.

The Ethereum Foundation (@ethereumfndn) has deployed $112M of its treasury into DeFi. Aave leads allocation with 64%, followed by Spark at 20% and Morpho at 17%. 93% of deposits are in WETH, with the remainder split between USDC and USDS. WETH on Aave is used as collateral to borrow $2M GHO.

@thedefiedge Thanks for the mention @thedefiedge Data on revenue trends available below ↓ revenue.sealaunch.xyz

Revenue is the only thing that puts a floor under a token's price. Everything else is just a story you tell yourself on the way down. Most people filter by narrative. "AI coins." "RWA play." "L2 season." But narratives don't give you a floor. When sentiment flips, there's nothing underneath the price. It's just vibes all the way down. Revenue is different. If a protocol generates real fees, someone is willingly paying to use the product. That creates baseline demand that doesn't evaporate when CT gets bearish. Pure speculation tokens? The bottom is wherever the last panic seller decides it is. Revenue-generating protocols? Usage creates a floor. In choppy markets, floors are everything. One tool I like is @sealaunch_'s revenue dashboard. There are revenue charts everywhere but I like how they lay it out visually. Derivatives are dominating at $112M in the last 30 days. DEXs at $38M. Launchpads at $37M. Everything else is significantly smaller. But the trend matters more than the snapshot. Total category revenue peaked mid-2025 (~$175M/month) and has been declining since. You want protocols that held their revenue through the drawdown, not the ones that spiked once. Start with revenue. Work backward to TVL, users, and fees. Revenue is the hardest metric to fake. Everything else can be gamed.

Revenue trends are one of the highest-signal metrics in crypto, and often underlooked. That's why we built the Crypto Revenue Radar, to make it easy to see which categories are spiking and what's a longer-term trend.

@LibFrog @Polymarket @opinionlabsxyz @trylimitless Fair, but also depends if we start to see a liquidity monopoly/duopoly between Polymarket and Kalshi or vertical specific prediction markets that can compete in liquidity in a more niche category.

@sealaunch_ @Polymarket @opinionlabsxyz @trylimitless sure but limitless is going to be wayyyy less liquid than poly + we all know that regulation is the only reason why kalshi is more liquid than poly

Prediction markets revenue: where things stand. @Polymarket generated $4M in revenue in the last 30D. Fees only exist in a narrow slice of markets: dynamic taker-only charges on crypto and select sports (NCAAB, Serie A). Politics, most sports and all maker orders don't have fees. The model works because volume is large enough that even low take rates compound. Expanding the fee model could push total revenue significantly higher, although fees compress volume and liquidity. It will be interesting if they test new revenue models and how the market adjusts to those. @opinionlabsxyz had a real moment. Volume spiked, then pulled back. @trylimitless is the prediction market growing faster right now in terms of revenue.

Not necessarily, a 0 fees market with no liquidity is worse than an expensive one with depth. That liquidity is what lets you trade size. There’s a delta between the fees you can charge and the liquidity you can attract. For markets with equivalent depth, zero fees is better for the user.

@sealaunch_ @Polymarket @opinionlabsxyz @trylimitless Based on this logic wouldn’t a consumer not want to trade on a market with high revenue? Obv fees are bad for the consumer

6/ To find these we added two filter buttons on revenue.sealaunch.xyz →UP and DOWN. UP filters protocols with 30D change >+20% confirmed by a positive 90D trend. The 30D catches momentum, the 90D confirms it's not a spike. Together they help identify real growth patterns from a one-month anomaly. All data sourced via @DefiLlama.

1/ The market is down but some protocols are still printing. We looked at top protocols by category revenue to find what's having a moment. Criteria: 30D growth >+20% confirmed by positive 90D trend. → @ant_fun_trade (Trading App, #2): $8.07M in 30D revenue (+63.1% growth) → @Courtyard_io (Physical TCG, #1): $5.12M in 30D revenue (+67.7% growth) → @trylimitless (Prediction Market, #3): $1.26M in 30D revenue (+77.9% growth) → @GMX_IO Perps (Derivatives, #8): $1.32M in 30D (+32%) (rebounding after a decline)