Bacon, Eggs, and DeFi #078
Recap of Monday July 26 and Tuesday July 27, 2021
Welcome to Bacon, Eggs, and DeFi #078. Here's a recap of the past two days of DeFi news!
DEXes:
Saber Labs, the team behind the Solana-based stable-asset DEX Saber, raised a $7.7 million seed round from investors, including Race Capital, Social Capital, and Jump Capital.
Clipper was added to Dune Analytic’s dex.trades table.
1inch will distribute 10 million 1INCH to 1INCH stakers for gas refunds.
Lending:
Aave’s institutional DeFi lending platform, Arc, will be launching in the next few weeks.
Cream listed ibBTC on C.R.E.A.M ETH v1.
Asset Management:
Visor added a new actively managed LINK/ETH Uniswap v3 pair.
Derivatives:
Lyra raised $3.3 million in its seed round, from investors, including Framework Ventures, ParaFi Capital, and Apollo Capital.
dYdX added an LTC/USD Perpetual contract with up to 10x leverage.
Other:
DeBank released Rabby, a new browser extension, with features, including pre-transaction risk scanning, automatically switching of chains when connecting to protocols, and simplified transaction summaries.
Eco raised $60 million from investors, including Activant Capital, L Catterton, and Lightspeed Venture Partners.
Tally updated its governance wiki with four new supported protocols, including Cryptex, Gitcoin, Ampleforth, and Conjure.
Hedgehog Markets, a prediction market on Solana, raised $3.5 million from investors, including Reciprocal ventures, Alameda research, and Divergence Ventures.
Etherscan added a new feature, allowing users to see if an address has been used on multiple chains.
Reading List:
Stay tuned for the next edition of Bacon, Eggs, and DeFi!
- Austin (@1A1zP1)