Welcome to Bacon, Eggs, and DeFi #021. Here's what happened yesterday in the world of DeFi!
DEXes:
February DEX volumes reached an all-time high of $73 Billion.
1inch Exchange reached 1 million swaps.
Bancor added UNI to its liquidity mining program.
Saddle Finance reached 1,000 BTC TVL.
QuickSwap DEX integrated Transak, allowing users to buy crypto from their credit or debit cards.
0x API now supports 0x Protocol V4.
Lending:
Compound announced Gateway, its cross-chain interest rate market, is launching on testnet.
Rebecca Rettig will be joining Aave as General Counsel.
Asset Management:
Indexed Finance announced DEGEN, an index for higher-risk, higher-reward assets with market caps ranging from $50 million to $2 billion. DEGEN will initially be composed of RUNE, REN, RSR, CRV, 1INCH, OCEAN, APLHA, BADGER, POLS, and MIRS.
PieDAO added SUSHI to its DeFi Large Cap (DEFI+L) index.
Enzyme Finance added support for stETH.
Derivatives:
SIREN Markets raised $4 million from investors, including 1kx, The Spartan Group, and CMS Holdings.
Injective Protocol is integrating with Avalanche.
Insurance/Security:
Opium Finance announced two new liquidity mining programs for 1inch Exchange and SushiSwap.
Alchemix Finance and Yield Protocol launched bug bounty programs on Immunefi. The maximum bounty for discovering a critical vulnerability on either protocol is $50,000.
Furucombo released a post mortem on the recent exploit, which affected 21 assets worth $15 million.
Other:
zkSync raised its Series A from investors, including USV, Coinbase Ventures, Placeholder.
New York Residents can now buy AAVE, BAND, BNT, COMP, GRT, LRC, MKR, REN, SNX, UNI, WBTC, and YFI on Coinbase.
WETH10 launched to mainnet.
Stay tuned for the next edition of Bacon, Eggs, and DeFi!
- Austin (@1A1zP1)