Welcome to Bacon, Eggs, and DeFi #066. Here's a recap of yesterday's DeFi news!
DEXes:
Kyber Dynamic Market Maker (DMM) is now live on Polygon.
Paraswap integrated mStable as a liquidity source on Ethereum and Polygon.
0x API now supports Balancer on Polygon as a liquidity source.
Matcha added ApeSwap, Firebird Finance, Wault Finance, and Lido Finance as liquidity sources.
CoinMarketCap users can now swap tokens on their pages through Uniswap.
Lending:
Cream Finance launched on Polygon with initial support for the following tokens: USDC, USDT, DAI, WMATIC, WETH, WBTC, LINK, SUSHI, CRV, and QUICK.
bZx users can now borrow BZRX on Polygon.
B.Protocol debuted a gas efficient COMP claim, which needs only 20% of the gas that was previously used.
Ruler Protocol added AMP as collateral.
Asset Management:
BadgerDAO plans on opening up full access to the five new CRV LP vaults this week.
Vesper launched UNI and USDT beta pools.
Rari Capital launched a Wootrade Fuse pool.
Visor Finance added a new actively managed CRV/ETH 1% Uniswap v3 pair.
DinoSwap announced that DFG and The Spartan Group are investors.
Derivatives:
Opyn launched partially collateralized options.
Siren added multiple new options for July and August, including $1.20 and $1.70 MATIC calls, $20 and $30 UNI calls, and $10 and $14 SUSHI calls.
dYdX added a FIL/USD perpetuals market with up to 10x leverage.
Tracer DAO raised $4.5 million from investors, including Framework Ventures, DACM, and Maven11.
Kwenta added support for candlesticks on single charts.
Insurance/Security:
Merlin Labs was exploited for $330,000 through a bug in the rewards system. This is the third time Merlin has been exploited, with a total loss of $1.56 million.
Wild Credit launched a bug bounty program on ImmuneFi with a maximum payout of $20,000 for finding a critical vulnerability.
Other:
Nansen raised a $12 million Series A from investors, including a16z, Skyfall Ventures, and Coinbase Ventures.
Tornado Cash is now live on Polygon.
Coinbase announced a new USDC savings product, allowing users to earn 4% APY.
Token Terminal added support for Curve.
TokenTax now has historical support for Polygon, Sushiswap on Polygon, and Quickswap.
Reading List:
Stay tuned for the next edition of Bacon, Eggs, and DeFi!
- Austin (@1A1zP1)