Welcome to Bacon, Eggs, and DeFi #012. Here's what happened yesterday in the world of DeFi!
DEXes:
Paraswap distributed 1,000 MLN to users who conducted swaps greater than $250 over the past week.
DexGuru launched its beta version, allowing users to view market data for tokens listed on Uniswap, make swaps via 0x, and view on-chain trading activity.
dYdX announced Marc Boiron is joining the protocol’s team as General Counsel.
Lending:
Aave generated $2.2 million of income over the past week. $2.1 million came from interest, $61,000 came from flash loan fees, and $45,000 came from liquidations.
Asset Management:
Rari Capital released screenshots of the upcoming UI for Fuse, Rari’s customizable money markets.
Derivatives:
Auctus Project announced the launch of private options pools, allowing liquidity providers to set their IV, strike price range, and expiration range.
Mirror Protocol reached $500 million TVL in UST.
Futureswap passed $1.1 billion in total transaction volume.
Kwenta rebalanced the Synthetix community DeFi index (sDEFI) to include SUSHI, 1INCH, and BNT.
Mirror Protocol added mGME and mAMC.
Insurance/Security:
PoolTogether launched a bug bounty program on Immunefi. The maximum bounty is $25,000 for discovering a critical vulnerability.
Opium Network distributed an additional 14,100 OPIUM to liquidity providers.
Nexus Mutual raised $2.7 million through a strategic contribution from investors, including Collider Ventures, 1Confirmation, and Blockchain Capital.
Other:
Coinbase is launching ETH2 staking rewards, allowing stakers to earn up to 7.5% APY.
The ETH TVL in Tornado Cash pools is approaching $200 million.
Stay tuned for the next edition of Bacon, Eggs, and DeFi!
- Austin (@1A1zP1)