Welcome to Bacon, Eggs, and DeFi #068. Here's a recap of the past two days’ DeFi news!
DEXes:
Integral will be decreasing fees on stablecoin pairs (USDC/USDT, DAI/USDC, and DAI/USDT) to 2bps.
Brave will be using 0x API for its upcoming DEX aggregator.
1inch reached 500,000 total users.
Paraswap added Wault Finance and MDEX as liquidity sources.
Sushiswap integrated Archer’s MEV shield, an extension that prevents frontrunning and sandwich attacks.
DODO will be partnering with Nine Realms to bring its liquidity to THORswap.
0x API added ShibaSwap as a liquidity source.
Asset Management:
Index Coop raised $7.75 million via a strategic treasury diversification from investors, including 1kx, Galaxy Digital, and 1confirmation.
Visor added an actively managed Uniswap v3 WBTC/ETH 0.3% pair.
Solrise Finance, a protocol for decentralized funds on Solana, raised $3.4 million from investors, including Alameda Research, CMS Holdings, and Delphi Digital.
MTA and MATIC rewards are now live for mStable mUSD deposits on Polygon.
Derivatives:
Kwenta’s sDEFI index has been rebalanced and is now available on its website.
Insurance/Security:
Clipper extended its bug bounty program on ImmuneFi to July 13.
Other:
Zerion raised an $8.2 million Series A from investors, including Mosaic Ventures, Placeholder, and Digital Currency Group.
DeFi Pulse added Ruler Protocol and O3 Swap to its dashboard.
Token Terminal added support for price to earnings (P/E) ratios.
Reading List:
Stay tuned for the next edition of Bacon, Eggs, and DeFi!
- Austin (@1A1zP1)