This news content discusses several emerging DeFi protocols, including Pendle, GMX, Ethena, Xai, and the 1inch Network, and highlights their unique functionalities and contributions to the decentralized finance ecosystem.

Pendle allows users to tokenize and trade future yield, optimizing returns in a competitive market. GMX is a premier decentralized exchange for trading perpetual cryptocurrency futures with support for up to 50X leverage. Ethena introduces a synthetic dollar protocol, offering a globally accessible dollar-denominated savings instrument. Xai integrates blockchain technology into gaming, allowing gamers to own and trade valuable in-game items. The 1inch Network is a decentralized exchange aggregator that optimizes trading across multiple liquidity sources, providing better rates for users.

Each project brings innovation and enhances user experiences in decentralized trading, with their current prices and market caps mentioned in the content.



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