Weekly Roundup – 6.29
By Exponential Team
Published Jun 29, 2023

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

🇺🇸 It’s July 4th weekend, and nothing says freedom like DeFi! 🦅
 
Degen Pledge of Allegiance
I pledge allegiance to the chain
Of the united contracts of DeFi
And to DeFi, for which it stands
One network, under Satoshi
With liquidity and yield for all degens!
 
notion image
New Invest locations just dropped 👀
Hey Exponential users in Mexico, Switzerland, France, and the UK – welcome to 1-click DeFi investing. Exponential Invest’s beta is now available to you.

Join Beta

 
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.
  • APR ~58%
  • Exponential Risk Rating: B
  • APR ~22%
  • Exponential Risk Rating: B
  • APR ~22%
  • Exponential Risk Rating: B
  • APR ~14%
  • Exponential Risk Rating: B

Check out the MVPs.

 
notion image
New kid on the blockchain. We review thousands of DeFi investments to find the most attractive pools for you.
  • APR ~5%
  • Exponential Risk Rating: F
  • APR ~9%
  • Exponential Risk Rating: D
  • APR ~9%
  • Exponential Risk Rating: D
  • APR ~10%
  • Exponential Risk Rating: D

Get to know the new pools.

 
notion image
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. bb-a-DAI-bb-a-USDC (Balancer-Ethereum) 👑
  1. USDT-WETH 0.05% (Uniswap V3-Arbitrum)
  1. USDT-WETH 0.05% (Uniswap V3-Ethereum)
  1. USDC-USDT (DODO-Ethereum)
Top DEXs by Weekly Volume (Weekly Change)
  1. Synthetic (+254%) 👑
  1. ShibaSwap (+188%)
  1. WigosWap (+77%)
  1. Balancer (+56%)
Top Chains by Weekly Volume (Weekly Change)
  1. Gnosis (+62%) 👑
  1. Arbitrum (+27%)
  1. Fantom (+16%)
  1. Polygon (+7%)
Source: Dune
 
notion image
Catch up on our latest chat with Angle
In the latest Degen Responsibly, we discuss Angle’s V2 upgrade (Transmuter), new peg stability features, and more!
Listen here and share your thoughts with us at @ExponentialDeFi.
Catch up on past episodes on Spotify, Apple Podcasts, or wherever you get your podcasts.
 
notion image
zkSync unveils Hyperchain vision with ZK Stack. zkSync, a leading ZK (zero knowledge) rollup network on Ethereum, has announced its Hyperchain vision, which aims to create a unified multichain ecosystem of ZK-secured networks. The vision is based on ZK Stack, a new framework that enables the deployment of custom ZK-powered Layer 2 and Layer 3 networks. ZK Stack allows for better cross-chain communication and interoperability among rollups built on its technology.
 
DAI’s reliance on USDC continues to decline. MakerDAO, the protocol behind the DAI stablecoin, has reduced its dependence on USDC as a collateral asset from over 50% at the start of the year to less than 10% now. The protocol has achieved this by expanding its portfolio of real-world assets (RWAs), such as short-term treasury bonds. MakerDAO currently holds ~$1.2B worth of bonds as collateral, which generates stable yield and diversifies risk for the protocol.
 
Maple aims to fill void in institutional demand for loans. Maple Finance, a decentralized lending platform for institutional borrowers, has announced a new direct lending program called Maple Direct, which will feature overcollateralized loans to Web3 businesses. The feature aims to fill the gap left by centralized lending platforms such as BlockFi and Celsius, which have gone under amidst the bear market. Maple Direct is set to launch in July and will target organizations that cannot secure loans collateralized by digital assets due to regulatory concerns.
 

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.