Weekly Roundup – 7.13
By Exponential Team
Published Jul 13, 2023

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

Why do degens hate the beach? 🏖️
Because they’re already burned by all the rug pulls.
 
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New Invest locations just dropped 👀
Big news – Exponential Invest is now available in parts of Europe, Latin America, and the US 🎉. Check if 1-click DeFi investing is live for you:

Join Beta

 
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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 ~24%
  • Exponential Risk Rating: B
  • APR ~37%
  • Exponential Risk Rating: B
  • APR ~20%
  • Exponential Risk Rating: B
  • APR ~12%
  • Exponential Risk Rating: B

Check out the MVPs.

 
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New kid on the blockchain. We review thousands of DeFi investments to find the most attractive pools for you.
  • APR ~12%
  • Exponential Risk Rating: B
  • APR ~22%
  • Exponential Risk Rating: B
  • APR ~11%
  • Exponential Risk Rating: B
  • APR ~35%
  • Exponential Risk Rating: C

Get to know the new pools.

 
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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. USDC-USDT (Maverick-Ethereum) 👑
  1. WETH-wstETH 0.01% (Uniswap V3-Ethereum)
  1. PEPE2.0-WETH (Uniswap V2-Ethereum)
  1. USDT-WBNB (PancakeSwap-Ethereum)
Top DEXs by Weekly Volume (Weekly Change)
  1. SpiritSwap (+1113%) 👑
  1. Beethoven X (+744%)
  1. SpookySwap (+120%)
  1. Rubicon (+588%)
Top Chains by Weekly Volume (Weekly Change)
  1. Fantom (+661%) 👑
  1. Avalanche (+1%)
  1. Polygon (-16%)
  1. Gnosis (-19%)
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.
Reserve - a protocol that allows for the permissionless creation of asset-backed, yield-bearing stablecoins.
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Degen Responsibly rescheduled to next week
Join our chat with Notional on 7/18 @ 12 pm ET. We’ll discuss how Notional enables fixed-rate lending in DeFi and its latest V3 upgrade that introduces a new variable-rate lending market.
 
Catch up on past episodes on Spotify, Apple Podcasts, or wherever you get your podcasts.
 
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Ethereum dev offers new mechanism to protect issuers from bridge hacks. Arjun Bhuptani, founder of Connext (cross-chain bridge protocol), published a proposal for a new token standard (ERC-7281) that aims to limit bridge hacks that have plagued the DeFi space (another two just in the last week!). ERC-7281 would shift the ownership of tokens away from bridges and into the hands of the token issuers themselves. This allows issuers to choose which bridges they trust for their tokens and iterate on their choices over time as they learn more about the security of various bridges.
 
CowSwap introduces its own version of Hooks. CowSwap, a popular decentralized exchange aggregator, has introduced a new feature called Hooks, which allows users to execute complex swaps with multiple steps in a single transaction. Hooks enable users to do more than just swap tokens and enable additional actions, such as bridging and staking. For example, a user could swap out a token, trade some of it to pay for gas, trade the remainder into another asset, and send that new asset to a different address.
 
Aave's native GHO stablecoin approaches mainnet deployment. Aave DAO, the decentralized governance system of the leading lending protocol Aave, is set to vote on whether to deploy a new USD overcollateralized stablecoin called GHO on Ethereum. GHO will be minted by users against a diversified set of crypto assets supplied to the lending platform. GHO has been available on the Goerli testnet since February without encountering any major bugs.
 

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.