Bacon, Eggs, and DeFi #080
Recap of Tuesday August 3 and Wednesday August 4, 2021
Welcome to Bacon, Eggs, and DeFi #080. Here's a recap of the past two days of DeFi news!
CRV rewards for Curve’s tricrypto2 pool are now live.
0x API on Polygon reached $1 billion in trading volume.
Saddle launched an sUSD metapool (sUSD pooled with USDC/USDT/DAI pool).
KyberDMM reached $600 million in trading volume.
CowSwap unveiled a new UI.
Hashflow is now live in its Open Alpha.
Sense, a protocol for decomposing yield-bearing assets into their principal and yield, raised $5.2 million from investors, including Variant, Dragonfly Capital, and Nascent.
Compound added MKR, AAVE, SUSHI, and YFI to its borrowing and lending markets.
Element added support for USDC.
Alchemix raised the alETH debt cap from 2000 to 3000 alETH.
Indexed launched Nirn, a yield aggregator initially supporting Compound, Aave, Cream, and bZx.
Index Coop’s Metaverse Index (MVI) reached $10 million TVL.
Convex added support for staking Curve’s 3CrvCrypto2 LP tokens.
Volmex added USDC as a form of collateral.
Siren launched five call options (MATIC, SUSHI, UNI, YFI, and WETH) and one put option (WETH) with expiration dates on August 27th.
Opyn launched two WBTC options ($35,000 put, $42,000 call) expiring on August 27th and three WETH options ($2,300 put, $2,700 call, $3,000 call) expiring on August 20th.
dYdX announced the dYdX Foundation, an independent organization working towards making dYdX’s development and decentralization.
The Graph launched a bug bounty program on ImmuneFi with a maximum payout of $2,500,000 for finding a critical vulnerability.
Wault was exploited for 370 ETH ($888k).
Fei deployed $19 million of FEI to Cream, four of Sushiswap’s Kashi markets, and four Rari Capital Fuse pools.
Krystal, a multi-chain DeFi management platform, raised $6.6 million from investors, including Hashed, Crypto.com, and Signum Capital.
Stay tuned for the next edition of Bacon, Eggs, and DeFi!
- Austin (@1A1zP1)