Welcome to Weekly Roundup, where our team of experts selects buzzworthy pools, news, and announcements for you to have on your radar.
It may be Friday the 13th, but Weekly Roundup is here to be your lucky charm. Ward off the crypto creeps with new pool ratings, protocol reports, Degen Responsibly episodes, and more. Stay safe out there. 🦾
The best of the best. These pools have no major red flags, offer a competitive yield, and are at the top of the class – earning an A or B risk rating. Convex joins our ranks, serving up a tasty 25% APR. 🤌
- Yearn CRV Staking
- APR ~45%
- Exponential Risk Rating: B
- Yield source: Curve fee sharing and re-invested CRV rewards
- Uniswap ETH-USD Market Making 5bp
- APR ~31%
- Exponential Risk Rating: B
- Yield source: ETH trading volume on Arbitrum
- Convex cvxCRV-CRV Market Making
- APR ~25%
- Exponential Risk Rating: B
- Yield source: Trading fees from cvxCRV-CRV volume and protocol incentives
- Uniswap ETH Market Making
- APR ~10%
- Exponential Risk Rating: B
- Yield source: cbETH trading volume on Ethereum
Check out the MVPs here.
New kid on the blockchain. We review thousands of DeFi investments to find the most attractive pools for you. Dive into new pools for the new year, including two from Pendle. 🎉
- Pendle USDC Market Making (3/29)
- APR ~9%
- Exponential Risk Rating: F
- Pendle ETH Yield Token (3/29)
- APR ~13%
- Exponential Risk Rating: B
- Angle USD Lending
- APR ~4%
- Exponential Risk Rating: B
- Stader MATIC Staking
- APR ~6%
- Exponential Risk Rating: B
Meet the new pools here.
Don’t degen too close to the sun. These pools have major red flags at either the chain, protocol, or asset level, with a high likelihood of being exploited or failing. Don’t do anything we wouldn’t do. 😈
- Vires USD Lending
- Exponential Risk Rating: F
- Yearn USD Market Making
- Exponential Risk Rating: F
- Convex EUR-USD Market Making
- Exponential Risk Rating: F
- UwU USD Lending
- Exponential Risk Rating: F
Step into the danger zone if you must.
New protocol reports
Protocols can be a pain to keep up with – let us help. Our team finds the most interesting protocols and breaks down what you need to know and why they need to be on your radar. We’re kicking off 2023 with a new report on Overnight.
- Overnight - a yield-generating stablecoin issuer
Degen Responsibly is back! Join us Jan 18 @ 10:30 ET.
We’re catching up with Jared Hedglin from Gearbox Protocol about leverage and all things Gearbox.
Mass layoffs hit firms trying to survive the crypto winter. Crypto.com announced it is cutting its workforce by 20% as the crypto industry weathers an extended bear market. This follows significant layoffs from other major crypto firms, including Coinbase, which also cut 20% of its staff, Blockchain.com, and ConsenSys.
Cooling inflation offers a glimmer of hope for markets. Stocks and crypto markets rallied on Thursday as consumer prices dropped to 6.5% from 7.1% in November, according to the U.S. Bureau of Labor Statistics. The next Fed meeting is expected on Feb 1st, with an over 90% chance of a 25bps rate hike.
Liquid staking derivatives are catching a bid. Despite the ongoing bear market, LSDs have surged in recent weeks in anticipation of the Shanghai upgrade to enable ETH withdrawals expected this March. Coinbase Ventures announced its plans to join forces with Rocket Pool’s Oracle DAO, which may help it gain ground against market leader Lido. Members of the Oracle DAO run Rocket Pool nodes and vote on Rocket Pool contract upgrades.
Coming soon – investing on Exponential
Accredited investors will soon be able to invest in DeFi liquidity pools across major chains directly on our custodial platform.