Welcome to Bacon, Eggs, and DeFi #070. Here's a recap of yesterday’s DeFi news!
DEXes:
Slingshot reached $1 billion in total volume.
Saddle’s D4 pool with alUSD, FEI, FRAX, and LUSD is now live.
Lending:
Greenwood Labs released its interest rate swap protocol on the Kovan testnet.
Cream Finance added BNT to its borrowing/lending markets.
Asset Management:
Harvest launched v2 with new features, including a dynamic search box, an improved deposit process, and visual space for networks.
Derivatives:
Opyn v2 added three new ETH options ($1,800 put, $2,400 call, $2,800 call) with August 27 expiration dates.
dYdX passed $3 billion in total volume on its Layer 2 Perpetuals.
Opeth users can now mint Opeth with Opyn oTokens.
Insurance/Security:
Nexus Mutual started two new shield mining campaigns for Idle Finance (Idle USDT v4 and Idle DAI v4).
Other:
Hop Protocol launched its Bridge with instant USDC transfers between Ethereum, Polygon, and xDai.
Bankless launched a crypto jobs board.
DeFiLab’s Uniswap v3 Simulator now allows users to search, select, and simulate all pools.
More than 3,000,000 Ethereum addresses have interacted with DeFi protocols.
Reading List:
Stay tuned for the next edition of Bacon, Eggs, and DeFi!
- Austin (@1A1zP1)
PS: Happy Birthday to my brother Spencer!