Ami.tech, launched V2 and its native token. The FRIEND token airdrop went live on May 3 and the website enabled token trading and liquidity provision.
Whirlwind Finance, a DEX aggregator on L2 mode, is online. Eddy allows token swaps for USDT, USDC, ETH, WBTC and WETH. Eddy users can earn 2x Eddy Points, Fashion Points and exclusive Eddy NFT boosters.
Perpetual Protocol has launched Nekodex, a mobile trading DEX powered by Perp V3. Nekodex supports wallet-free login, a CEX-like trading experience on mobile, zero gas fees, and 50 perp markets. Nekodex uses Nekocoin as the only collateral required for trading. Users can earn Nekicoins by inviting new users.
Solana AI layer gm.ai has begun deployment, allowing beta users to access AI applications and accepting applications for access to the gmINFRA developer whitelist.
Puffer Finance, a liquid restructuring protocol built on EigenLayer, has launched its mainnet. Puffer also launches Chapter 4 of its quest campaign with a revamped points system.
FairyCoW Swap, a dex that provides encrypted order protection on CoW Swap, is live on Sepolia. FairyCow allows traders to encrypt orders before broadcasting them to MEV solvers and researchers.
Sovryn, a Bitcoin trading and lending platform, has launched DEX 2.0 on BOB. Sovryn DEX 2.0 now supports swaps, LP AMM and SOV staking.
Reserve The protocol introduced KNOX Dollar, an RWA-backed yield stablecoin that generates 10% APY for $KNOX holders. Users can now create KNOX on Arbitrum.
Gearbox launched Friendly Leverage, introducing lower rates, partial liquidations and fundamental oracles to reduce liquidation risks caused by low liquidity of LRT.
IndexCoop Users can earn rewards (500 ARB per day) by linking and holding DPI and/or MVI on Arbitrum. Users must use the Chainlink Transporter app to bridge DPI/MVI in order to receive rewards. In the future, ARB rewards could also be earned by providing liquidity on Arbitrum.
MetaMask launched Smart Transactions, a new feature that increases transaction success rates by more accurately predicting gas costs. MetaMask users can enable this feature to protect against MEVs and failed transactions.
DODOchain has launched phase 1 of its L3 mainnet, DODOchain MACH AVS. DODOchain MACH offers faster transactions for improved business efficiency.
Eternity, an NFT marketplace, has moved to an Ethereum L2. Ethernity Chain offers AI-enhanced security and DRM, easy onboarding, low gas fees, and EVM compatibility, all powered by the ERN token.
1 inch Fusion 2.0 is live with an improved Dutch auction system and a market-adjusted price curve. Compared to Fusion 1.0, 2.0 offers up to 35% cheaper order settlements and 75% faster execution.
CreatorDAO introduced NewStable(NST) and NewGovToken(NGT). NST will be the upgraded version of DAI and NGT will replace MKR with a denomination of 24,000 NGT by MKR.
Velodrome, an OP-based DEX, will begin rolling out Superchain Beta in the coming weeks, starting with the first deployment in L2 mode. The beta will enable features like standalone gauges and AMMs, the ability for layers and protocols to incentivize LPs on their native chains, redistribution of trading fees to LPs, and more.
Osmosisa DeFi hub based on Cosmos, launches a layer 2 of Bitcoin. Osmosis is set to roll out “Alloyed Bitcoin,” a product comprised of a basket of BTC variants from across the ecosystem.
Puffer Finance, a liquid staking protocol built on EigenLayer, launched its mainnet on May 9. Users can still provide liquidity to earn Puffer Points + EigenLayer Points alongside LP Yields.
Overload Labs has introduced Overload, a rollback platform for zero-cut ERC-20 tokens. Overload will launch on Base with a points system that rewards users based on their contributions.
Solve announced a partnership with Babylon to integrate Bitcoin staking rewards into SolvBTC. SolvBTC users can earn staking rewards while securing PoS chains, rollups and AVS via Babylon.
Lyre launches a new product that symbolizes the performance of derivatives on EigenLayer. The product will aggregate yield-generating derivatives transactions into an ERC-20. Starting with support for Swell and Etherfi, Lyra will allow investors to earn 10-50% APY on their LRT (rswETH, eETH) using tokenized base swap and covered call strategies.
Axelar built Interchain Amplifier, a toolkit that makes new channel integrations easy and permissionless. Early integration partners such as Stacks, Moonriver, Hedera Network and Iron Fish demonstrated connectivity across major networks including Bitcoin, Ethereum, EVM Chains, IBC, Hedera and 64 others.
CapybaraDEX is introduced as a new member of the Wombat ecosystem. CapybaraDEX will launch on Kaia Chain with products including a dex, launchpad, earn, airdrop and gamified points system.
Introducing Chudnov, Former Aevo Team Member 3Jane, a derivative protocol based on resttaking. 3Jane will allow users to wrap restocked ETH and LST natively on 3Jane and earn options bonuses on top of staking and restaking yield, improving the overall ETH APY.
Jumper Exchange, a multi-chain bridge aggregator built by Li.fi, will soon launch Bridge to Earn mode.
Silent Protocol, a blockchain privacy project, introduced Ghost Layer. Ghost Layer will be a modular L1.5 addition to Ethereum, implementing 0VM technology to provide privacy-compliant enhancements to public blockchains.
Blueberry TGE arrives and tokens are released using a lockdrop. Starting next week, $bdBLB holders will be able to initiate acquisition of the Blueberry UI. At TGE, bdBLB can be used to trade $BLB.
Asymmetry Finance, a structured products protocol, will launch afCVX on May 14. afCVX is a new CVX wrapper that allows 40% return on CVX, instant liquidity and bonus gems (points).
MarginalDEX is a perp DEX that will allow users to buy or short any long-tail asset, such as memes and new tokens, by supporting permissionless listings with deterministic payouts. Users can now join the waitlist.
Introduction to the Three Sigmas zkAuthan identity management protocol that will allow users to authenticate blockchain transactions using common identity providers, such as Google or Facebook, without managing private keys.
Aave proposed a cross-chain strategy for the GHO stablecoin, starting with the initial expansion of the Arbitrum network. This extension will use Chainlink’s Cross-Chain Interoperability Protocol (CCIP).
Shadow, a private payment protocol on Ethereum, reveals the details of its V2. Umbra V2 will enable improvements beyond stealth addresses by third-party developers, including interoperability, modularity, and flexibility.
Hermetic, a Bitcoin synthetic dollar protocol on Runes and Stacks, introduced USDh. USDh will be the first yield-generating synthetic Bitcoin dollar that yields a 25% APY and is native to Bitcoin L1 and L2.
Presentation of the former co-founder of Aragon Tuyo, a non-custodial wallet that “combines the convenience of CEX with uncompromised user freedom.” Tuyo will be open to everyone in fall 2024 and users can now join the waitlist.
Arrakis, a market-making protocol running strategies on Uniswap V3, has introduced HOT. HOT is a new AMM that will be integrated into Arrakis, enabling better outcomes for LPs and token issuers through an intent-centric approach to on-chain liquidity.
Rysk, an options trading protocol, introduced V2. Rysk V2 will bring 100x, a low-latency DEX Central Limit Order Book (CLOB) for trading derivatives, and Rysk Orchestra, a market-making vault network with significant liquidity for the 100x order book (as well than other DEXs and CEXs).
Fashion Season 1 of the L2 drop is over. Season 1 users can claim on May 7 when the token launches. Season 2 begins on May 5 and continues until September 6, 2024. Season 2 will allocate 5% of the total supply with up to 1 million OP token incentives.
Saga reveals the release criteria and snapshot. The Saga Over 9000 airdrop will take place through a series of “Vaults,” and a community snapshot will be taken before each Vault is announced.
Explosive jackpot is introduced for users to earn gold. Previously, only dApp users earned Blast Gold. Blast Jackpot allows holders of Blast tokens and NFTs to have a chance to win gold once their held assets are selected as winners.
Lyre take a instant of LYRA and stkLYRA balance and launched the LDX Airdrop. The first airdrop uses a points system to distribute LDX pro-rated to users for at least 3 rounds or 12 weeks. Users can earn points by redeeming, transferring, or inviting new users.
Suilend introduced Suilend points. Suilend will incentivize users to carry out lending and borrowing activities with 10 million points per day.
Enjoy introduced phase 2 of the airdrop with rewards for Clash of Nodes participants and users of the liquid staking protocol for Polygon PoS.
Zeta Markets, a Solana-based DEX, has launched Zeta Community Airdrop. Users can join a community of Zeta partners and trade to earn Z-SCORE and increase rankings. The top 3 communities will receive an allocation of $Z bonus tokens to share among their respective community members.
KelpDAO, a liquid restoration protocol on EigenLayer, introduced the Mega Million Marathon. Users who reinvest on Kelp from May 7 to May 21 can earn and share $1 million in rewards and points.
Infinix, a new DEX built by Synthetix, will launch a 30-day campaign starting May 13. Users will be able to create an Infinex account and deposit USDC to earn a share of 377 million governance points (GP). After the campaign, top GP holders will receive priority access to the first Infinex integrations.
Mande Network, a RollApp channel built on Dymension, has launched an airdrop claim for DYM speakers. Stakers can claim their MAND airdrop proportional to the square root of their DYM stake.
For example, last week we released the following features to our Premium subscribers: