Synthetix Perps' open interest has surpassed the $200 million mark, with a significant portion, nearly $120 million, coming from non-ETH and non-BTC markets. This peak reflects the highest recorded onchain open interest for altcoins, indicating a diversification beyond major cryptocurrencies into Synthetix's extensive 80+ market offerings, including crypto, forex, and commodities. This data point is a testament to the protocol's ability to cater to a broad spectrum of traders and markets.

ETH spot prices outperformed BTC’s for the first month since July, in a drifting November rally that can largely be attributed to a weakening dollar.

Javier Milei has not voiced intent to adopt Bitcoin explicitly like El Salvador, but many of his policy positions naturally seem to lead in that direction.

Decrypt, the news company that covers crypto and web3, has signed a letter of intent to merge with Rug Radio, a decentralized media company for web3 creators, executives told Axios. The big picture: The merger marks the third major crypto media deal in the past month.

Brahma initially started as a DeFi structured products protocol, packaged in the form of vaults. While the vaults are still live and generating consistent yield for the depositors, the Brahma team decided to utilize the learnings from running a set of sophisticated DeFi strategies with custom monitoring and execution automated infrastructure to build Console – a product for broader DeFi.