Updated Nov 18, 2025, 2:50 p.m. Published Nov 17, 2025, 10:32 a.m.
U.S. jobs data delayed by the government shutdown is due out this week. (Ernie Journeys/Unsplash modified by CoinDesk)
What to know:
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Convex Finance is voting to add new sfrxUSD yield strategies, including $10M for USDS/sUSDS, $3M for a USDf Curve pool, and $10M for short-maturity Pendle markets. Voting ends Nov. 16.
Extra Finance DAO is voting to set lending emission allocations for Epochs 123-126, with veEXTRA holders using weighted votes to distribute rewards among six eligible, high-TVL pools. Voting ends Nov. 17.
Usual DAO is voting on a major reform to cut max supply by 25% and future inflation by 50%, aiming to slash sell pressure by 85% by eliminating key lending and LP rewards. Voting ends Nov. 18.
CCMOON DAO is voting on establishing a legal non-profit LLC (CCIP-122) and authorizing officers to approve minor advertising partnerships that support MOON utility (CCIP-123). Voting ends Nov. 18.
Arbitrum DAO is voting to reduce L2 gas spikes by replacing its single, fast-reacting gas target with multiple, slower-adjusting ones. Voting ends Nov. 20.
ZKsync DAO is voting to upgrade the ZK token to ZKTokenV3, adding public and role-gated burn functions as a foundational step for the ZKnomics vision of linking protocol fees to token burns. Voting ends Nov. 20.
Unlocks
Nov. 19: YZY$0.3667 to unlock 12.5% of its circulating supply worth $49.44 million.
Nov. 20: ZRO$1,3892 to unlock 7.29% of its circulating supply worth $37.53 million.
Nov. 23: Soon (SOON) to unlock 4.33% of its circulating supply worth $30.42 million.
As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
The crypto exchange also took note of a so-called AI bubble that continues to go strong and a weaker U.S. dollar.
What to know:
Coinbase Institutional is seeing a potential December recovery in crypto, citing improving liquidity and a shift in macroeconomic conditions that could favor risk assets like bitcoin.
The firm's optimism is driven by rising odds of Federal Reserve rate cuts, with markets pricing in a 93% chance easing next week, and improving liquidity conditions.
Several recent institutional developments, including Vanguard's crypto ETF policy reversal and Bank of America's greenlighting of crypto allocations, have contributed to bitcoin's rebound from recent lows.