This week, we’re diving into a new DeFi innovation called Autopools, powered by Tokemak's Autopilot. These pools are designed to simplify liquidity provisions (LPs) by autonomously rebalancing your positions across multiple decentralized exchanges (DEXs) and assets, all while keeping you connected to DeFi.

In DeFi, much like in the retail world, collective power can unlock exclusive benefits. Just like members of a warehouse club such as Costco gain access to bulk pricing and special deals, Turtle Club members leverage their collective liquidity to negotiate better yield opportunities across DeFi protocols.

On September 12, 2024, Coinbase rolled out Coinbased Wrapped BTC (cbBTC), an ERC20 token backed 1:1 by BTC custodied by Coinbase. With cbBTC, Bitcoin holders can now leverage their BTC in DeFi apps across multiple blockchains without having to trade or sell. To start, cbBTC will be live on both Ethereum Mainnet and the Base L2 network, with plans to expand to more chains, bringing even greater utility to Bitcoin to the DeFi world.

Known for its market-leading liquid restaking products, ether.fi just launched eBTC, an easy way for Bitcoin holders to onboard to the restaking ecosystems of Symbiotic, Karak, and soon EigenLayer.

Avail, the Web3 infrastructure layer known for its flagship data availability (DA) solution, just launched Avail DA Mainnet and the AVAIL native token four weeks ago. Avail DA promises to be the first modular DA layer using validity proofs and data availability sampling.

Swell, the non-custodial staking protocol known for its liquid staking token (swETH), its liquid restaking token (rswETH), and its L2 under development, just launched its first BTC LRT, called swBTC.

As the DeFi ecosystem ascends to over $100B TVL for the first time since the last bull run, the demand for deeper liquidity only grows across the major L1s and L2s. Although Ethereum Mainnet has nearly nine times the value deposited onchain as the next closest DeFi ecosystem, the world’s most liquid cryptocurrency remains BTC at over $1.3T in market cap.

Usual Money is a decentralized stablecoin protocol that issues USD0, a fiat-backed stablecoin. The platform aims to provide a more secure and transparent alternative to traditional fiat-backed stablecoins like USDT and USDC by redistributing ownership and value among its users.

Scroll is an Ethereum Layer 2 network that leverages zkRollup technology to achieve a significant increase in throughput while maintaining the network's decentralization and security.

Since coming out of stealth in early June, the shared security protocol Symbiotic has grown to over $1B in TVL. Symbiotic will serve as a thin coordination layer, empowering network builders to control and adapt their own restaking implementations in a permissionless manner.