Welcome to Weekly Roundup, where our team of experts selects buzzworthy pools, news, and announcements for you to have on your radar.
It’s spooky season! Don’t get ghosted by any of these goblins and ghouls, though. 👻
🌍 Invest is now available in 90 countries across every continent 🌍
Start earning yield in just a few clicks safely and easily on Exponential.
Start earning
Our featured pool this week is Yearn Tricrypto Market Making. This opportunity works well for investors who want exposure to BTC, ETH and USD, and want to keep a balanced exposure to these three assets while earning yield. This portfolio automatically maintains a 1/3 ETH, 1/3 BTC and 1/3 USD asset allocation. This pool facilitates trades between WBTC, ETH and USDC. Your yield is generated from swap fees paid by traders when an exchange happens.
Invest in Yearn Tricrypto Market Making
New kid on the blockchain. We review thousands of DeFi investments to find the most attractive pools for you.
- APR ~6%
- Exponential Risk Rating: B
- APR ~4%
- Exponential Risk Rating: C
- APR ~16%
- Exponential Risk Rating: C
- APR ~14%
- Exponential Risk Rating: C
Explore our Degen Responsibly podcast series
Interested in learning more about the latest developments and innovations in DeFi? Don’t miss our Degen Responsibly podcast. We have hosted insightful discussions with some of the top protocols in the space, including @MorphoLabs, @raft_fi, @AngleProtocol, @pendle_fi, @indexcoop, @Rocket_Pool, and more!
This week, we chatted with @CarbonDeFixyz on the evolution of the DEX landscape, the problems that have emerged from the current AMM model, and how Carbon was built to address these issues.
You can find all our episodes, along with transcripts, on our featured page: degenresponsibly.com
Save the date - we’re catching up with SynFutures next week
Stay tuned for another episode of Degen Responsibly with @SynFuturesDefi. We’ll talk about how the platform enables permissionless derivatives trading of any asset with a price feed.
Weekly DeFi alpha 🧠
- Contango launches new perpetuals exchange built on top of Aave
- Optimism launches testnet fault-proof system in pursuit of stage 2 decentralization
- Osmosis launches new Bitcoin bridge to enable an IBC-compatible version of BTC across more than 50 Cosmos-linked app chains
- Circle announces launch of Perimeter Protocol aimed to help build tokenized credit markets
Major exploits 🚨
- Social trading app, friend.tech, loses 10% of TVL as users fall victim to SIM swap attacks
- FTX exploiter has started to move around 2500 ETH funds on-chain
Other news 🌎
- YieldProtocol.com to shut down by year-end due to a lack of demand for fixed-rate borrowing and unfavorable regulatory backdrop
- Central Banks successfully tested out using CDBCs to conduct cross-border trading
Disclaimer: This material is the property of Exponential DeFi. This material is for informational purposes only and is not (i) an offer, or solicitation of an offer, to invest in, or to buy or sell any interests or shares, or to participate in any investment or trading strategy, (ii) intended to provide accounting, legal, or tax advice, or investment recommendations (iii). No representation or warranty is made, expressed or implied, with respect to the accuracy or completeness of the information or to the future performance of any digital asset, financial instrument, or other market or economic measure. The information is believed to be current as of the date indicated on the materials. Recipients should consult their advisors before making any investment decision. Certain links that may be provided in the materials are provided for convenience and do not imply Exponential’s endorsement or approval of any third-party websites or their content.