# Don't Lose Hype

*Author: Bankless*
*Published: Jan 9, 2025*
*Source: https://www.bankless.com/es/read/dont-lose-hype-2*

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[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2025/01/Frame-50572--5-.png)](https://www.bankless.com/sponsor/uniswap-extension-1719068020?ref=read/defi-play-of-the-week-the-pendle-trade&email=true)

  

Don't Lose Hype
  

  
  Published on Jan 9, 2025

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  View in Browser

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[**Sponsor: Uniswap Labs**](https://www.bankless.com/sponsor/uniswap-extension-1719068020?ref=read/defi-play-of-the-week-the-pendle-trade&email=true) — Uniswap Labs launched a $15.5 million bug bounty to help secure V4.

[Learn More](https://www.bankless.com/sponsor/uniswap-extension-1719068020?ref=read/defi-play-of-the-week-the-pendle-trade&email=true)

.  .  .

 
  
    
      
      NEED TO KNOW
    
    
  
  
    
Stalling Growth?
  

  

 

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2025/01/Group-14---2025-01-09T171729.745-1.png)](https://www.bankless.com/dashboard)- 👨‍⚖️** Do Kwon's Criminal Trial Date Set.** The Terraform Labs founder [faces up to 130 years in prison](https://www.bankless.com/read/dkwons-consequences).
- **💸 CFTC Subpoenas Coinbase Over Polymarket Customer Data. **The CFTC [isn't done with its war on predictions market platforms](https://www.bankless.com/read/cftc-subpoenas-coinbase-over-polymarket-customer-data).
- **💰** **Circle Donates $1M in USDC to Trump’s Inaugural Committee. **The stablecoin giant joins Ripple and Coinbase in [donating to the organization](https://www.bankless.com/read/circle-donates-1m-in-usdc-to-trumps-inaugural-committee).
📸**Daily Market Snapshot: **Further sliding ETH and BTC prices met massive drawdowns in Crypto Twitter's latest favorite tokens and led to a depressing crypto market sentiment on Thursday. The cause of the downturn? It largely seems to be caused by a combo of lingering fears for US growth prospects and skittishness around worsening economic conditions in China.

Prices as of 6pm ET
24hr
7d

 

       ![](https://banklesspublic.b-cdn.net/cmc.png)
    

  **Crypto**
   
          $3.23T
       

  
    
    ↘ 2.7%
    
  

   
    
    ↘ 5.3%
    
  

       ![](https://banklesspublic.b-cdn.net/btc.png)
    

  **BTC**
   
          $92,412
       

  
    
    ↘ 2.8%
    
  

   
    
    ↘ 4.5%
    
  

       ![](https://banklesspublic.b-cdn.net/eth.png)
    

  **ETH**
   
          $3,219
       

  
    
    ↘ 3.2%
    
  

   
    
    ↘ 6.6%  

 

.  .  .

 
  
    

DEEP DIVE

  
  

The Pendle Trade
  
   
     
     Bankless Analyst: 
     
       [
       
        Jack Inabinet](https://www.bankless.com/author/jack)
     
    
 

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2025/01/Xnapper-2025-01-09-17.14.51.png)](https://www.bankless.com/read/defi-play-of-the-week-the-pendle-trade)Pendle has blazed a trail as one of DeFi’s top players this cycle. Its interest rate marketplaces match crypto users looking to lock returns with others seeking to purchase pure yield exposure on a variety of tokens.* *Today, we demystify this game-changing crypto app in hopes of making yield swaps accessible to all.

*Every Thursday, Citizens get access to our DeFi Trading Deep Dive.* As a free subscriber, you're missing out! 👇

[Unlock the Alpha](https://www.bankless.com/read/defi-play-of-the-week-the-pendle-trade)

.  .  .

 
  
    
      
      TOKEN RATING
    
    
  
  
    
 AI16Z: Just Getting Started?
    
  
   
     
     Bankless Analyst: 
     
       [
       
        Kazu Umemoto](https://www.bankless.com/author/kazu)
     
    
 

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2025/01/Xnapper-2025-01-09-17.11.19.png)](https://www.bankless.com/tools/token-hub/ai16z-dao)*Every weekday, our analyst team gives a bullish or bearish rating on a new token. Get access to the Token Hub by becoming a Citizen!* 👇

[Get Access to Token Ratings](https://www.bankless.com/join)

.  .  .

 
  
    
      
      CHEAT SHEET
    
    
  
  
    
Don't Lose HYPE

    
  
 

*Every Thursday, Citizens get access to the top Market Plays, Hot Reads, Farming Opps, and Airdrop Hunts that our analyst team is tracking! Don't miss out!* 👇

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