Weekly Roundup – 6.1
By Exponential Team
Published Jun 01, 2023

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

Welcome to Weekly Roundup, where all our yields are organic, farm-to-wallet. 🧑‍🌾
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Exponential Invest is here
Great news - we are now opening up our Investing platform to select US-based investors*. Exponential Invest is the new way to access DeFi, without worrying about seed phrases, cross-chain bridges or gas fees.
Simply click on the link below if you want to participate in our private beta.
Don’t miss this opportunity! The first 20 users who join and invest get 20 USDC.

Join Beta

*Supported states: CA, CO, DE, IL, IN, KS, MA, MO, MT, NE, NH, NJ, ND, PA, TN, UT, VA, WI, WY
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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.
  • APR ~57%
  • Exponential Risk Rating: B
  • APR ~41%
  • Exponential Risk Rating: A
  • APR ~6%
  • Exponential Risk Rating: B
  • APR ~8%
  • Exponential Risk Rating: B

Check out the MVPs.

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These pools are coming in hot 🔥. Our new DEX Dash looks at the top 500 cross-chain DEX pools by volume (weekly/monthly/yearly) to analyze if it is trending positively, negatively, or neutral so you can stay ahead of the curve.
Top Trending Pairs (by L7D volume)
  1. RFD-WETH 1% (Uniswap V3-Ethereum) 👑
  1. cbETH-WETH 0.05% (Uniswap V3-Ethereum)
  1. RFD-WETH 0.3% (Uniswap V3-Ethereum)
  1. USDC-USDT (Maverick-Ethereum)
Top DEXs by Weekly Volume (Weekly Change)
  1. Verse DEX (+162%) 👑
  1. DefiSwap (+137%)
  1. ZipSwap (+73%)
  1. GMX (+70%)
Top Chains by Weekly Volume (Weekly Change)
  1. Avalanche (+26%) 👑
  1. Arbitrum (+17%)
  1. Polygon (+12%)
Gnosis (+6%)
Source: Dune
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New protocol reports
Keeping up with Protocols is tough – let us help. Our team finds the most interesting protocols that should be on your radar and breaks down what you need to know.
Camelot - a community-driven DEX on Arbitrum that offers a highly customizable and composable protocol for liquidity provision
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Curve's new stablecoin pegging mechanism is holding steady. Curve’s new stablecoin, crvUSD, has shown promising stability since its launch, trading within a less than 0.5% price range in its first month. crvUSD’s debut month outperformed rival decentralized stablecoins such as DAI, FRAX, and sUSD in their initial month. The stablecoin uses a unique price-pegging mechanism that combines stability pools and "PegKeepers" to maintain its price at $1. Users have minted ~4.7M crvUSD so far, according to Dune Analytics.
DAI savings rate might get more competitive. A new proposal by risk management firm Block Analytica has proposed a Dai Savings Rate (DSR) hike from 1% to 3.3%. The DSR enables users to earn yield on DAI, the fourth-largest decentralized stablecoin, by depositing their tokens into Maker. This proposed increase could attract more capital, possibly influencing stablecoin rates throughout DeFi. However, the increase hasn’t been approved by Maker governance yet. The proposal is part of the 'Endgame' plan initiated by MakerDAO, which includes reducing DAI's dependence on USDC and incorporating real-world assets into its reserves.
Liquid staking adoption gains more steam with LayerZero partnership. Tenet, a Cosmos-based blockchain providing liquidity and yield products for LSDs, will integrate its projects and tokens into LayerZero's technology. This will give users access to the broader DeFi ecosystem across multiple smart contract blockchains. Tenet operates using a diversified proof-of-stake consensus framework. Its native stablecoin is backed by a basket of interest-bearing LSDs from various blockchains. They also plan to launch a bridge using LayerZero to make their omnichain LSDs interoperable with the 27 different blockchains supported by LayerZero's network.

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.