Weekly Roundup – 12.9
By Exponential Team
Published Dec 09, 2022

Welcome to Weekly Roundup, where our team of experts selects buzzworthy pools, news, and announcements for you to have on your radar.

The holiday break is nearly here. Spike your eggnog and unwind with your favorite DeFi pools. 🍻
notion image
Fear & greed are powerful emotions – don’t let the intrusive thoughts win.
In our new series, we discuss how you can keep calm and #DegenResponsibly during a crypto bear market, starting with simple active and passive strategies 🐻📈📉. Read our newest post.
Don’t miss our next #DegenResponsibly next Tuesday, 12/13, at 5.30 ET.
We’re chatting with @ReserveProtocol about how they are building real-world use cases for stablecoins, and opening access to USD savings for people worldwide.
Set your reminder ⏰.
notion image
notion image
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. This week, we’ve got Uniswap on the roster yet again, along with a #StudyKing. 📈
  1. Uniswap ETH-USD Market Making
      • APR ~61%
      • Exponential Risk Rating: B
      • Yield source: ETH trading volume on Polygon
  1. Notional ETH Market Making
      • APR ~9%
      • Exponential Risk Rating: B
      • Yield source: ETH borrowing demand, trading fees from nETH-ETH volume, and protocol incentives
  1. Sturdy USD Lending
      • APR ~10%
      • Exponential Risk Rating: B
      • Yield source: Staking underlying USDC collateral in third-party DeFi strategies
  1. Yearn CRV Staking
      • APR ~50%
      • Exponential Risk Rating: B
      • Yield source: Curve fee sharing and re-invested CRV rewards

See the full shortlist here

notion image
New kid on the blockchain. We review thousands of DeFi investments to find the most attractive pools for you. We have several new lineups this week featuring Trader Joe V2, KyberSwap, and Across pools. 😎
  1. Trader Joe V2 BTC Market Making
      • APR ~16%
      • Exponential Risk Rating: C
  1. KyberSwap BTC-ETH Market Making
      • APR ~17%
      • Exponential Risk Rating: C
  1. KyberSwap ETH Market Making
      • APR ~31%
      • Exponential Risk Rating: B
  1. Across ETH Bridging
      • APR ~10%
      • Exponential Risk Rating: B

See all the new additions here

notion image
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 🙅.
  1. DeFiChain USD Market Making
      • Exponential Risk Rating: F
  1. UwU USD Lending
      • Exponential Risk Rating: F
  1. UwU SIFU Lending
      • Exponential Risk Rating: F
  1. Idle USD Tranched Lending (Junior)
      • Exponential Risk Rating: D

Still want to live dangerously?

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.
  1. Granary - a fork of Aave on Optimism
  1. Kwenta - a decentralized Perpetual protocol built on Synthetix
  1. Polynomial- a decentralized options protocol
notion image
Chainlink launched its first staking pool – and everyone wants in. The largest decentralized price oracle, Chainlink, saw its first-ever staking pool draw in over 24M tokens (worth around $170M) in just two days! The new staking feature is designed to better secure the network’s price feeds. Users who staked their LINK holdings can expect to earn a baseline annualized rate of 5% per year. Not too shabby.
Grayscale Bitcoin Trust discount has its own Black Friday sale. The world’s largest bitcoin fund, Grayscale Bitcoin Trust (GBTC), hit a new record discount rate of nearly 50% relative to the price of BTC. GBTC serves as a way for investors to gain exposure to BTC through a traditional investment vehicle. Bearish news continues to unfold due to fears that crypto trading firm Genesis Global Trading, which is owned by Grayscale’s parent company, Digital Currency Group (DCG), could file for bankruptcy.
Another crypto trading firm added to FTX’s body count. Amber Group, a crypto trading and asset management firm, is on the verge of bankruptcy due to FTX contagion. On-chain analysts have noted that wallets owned by Amber are worth ~$11M, a stark contrast to the “over $5B” claim on its website. The Singapore-based firm, which recently laid off a significant portion of its staff, has denied these allegations.
notion image
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.