Weekly Roundup – 8.3 – Curve exploited, new EUR featured pool, stablecoin blog, & more
By Exponential Team
Published Aug 03, 2023

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

No need to get burned – Weekly Roundup is like sunscreen for your wallet. 😎
 
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Exponential is the smart and easy way to earn yield on your crypto
Invest is now available in 40 countries across every continent 🎉. Check if 1-click DeFi investing is live for you:

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This week, we’re featuring the Yearn EUR Market Making pool, which generates yield from fees when traders swap between agEUR, EURT, and EURS stablecoins on Ethereum. agEUR is a synthetic version of Euro issued by Angle, while EURT and EURS are centralized stablecoins issued by Tether and Stasis. This pool can be a great way for you to retain exposure to Euros while also acting as a hedge against inflation.

Invest in Yearn EUR

 
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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 ~25%
  • Exponential Risk Rating: B
  • APR ~23%
  • Exponential Risk Rating: B
  • APR ~17%
  • Exponential Risk Rating: B
  • APR ~4%
  • 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. USDC-USDT (Maverick-Ethereum) 👑
  1. WETH-wstETH 0.01% (Uniswap V3-Ethereum)
  1. WETH-wstETH (Maverick-Ethereum)
  1. USDT-WBNB (PancakeSwap-BNB Chain)
Top DEXs by Weekly Volume (Weekly Change)
  1. Xchange 👑
  1. Nomiswap
  1. Swapr
  1. mStable
Top Chains by Weekly Volume (Weekly Change)
  1. Gnosis 👑
  1. Optimism
  1. Ethereum
  1. BNB Chain
Source: Dune
 
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Navigating the stablecoin landscape How stable are stablecoins? With a $120B+ market cap, they’re one of the most important parts of DeFi, but come with some big tradeoffs. Our new blog breaks down the Stablecoin Trilemma & compares giants like USDT, USDC, LUSD, DAI & FRAX.
Check it out here & let us know your preferred choice of stablecoin for a chance to win 200 USDC funded to your Exponential Invest account!
 
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Weekly DeFi alpha 🧠
  • Coinbase’s Layer 2 chain, Base, announces public mainnet launch
  • Stader Labs launches ETHx, a new liquid staking token
  • Term Labs launches new fixed-rate lending platform on Ethereum
 
Major exploits 🚨
  • Curve exploited for >$60M due to a Vyper vulnerability
  • LeetSwap pauses trading after exploit steals $600K
  • Kannagi on zkSync Era rug pulls for >$2M
 
Other news 🌎
  • Securitize has begun issuing tokenized Spanish REIT shares
  • SEC files charges Richard Heart for selling unregistered securities
 

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.