This Week's Project Research - LSD & LSDfi, LPD, RWA, Perp DEX Narratives: With Logarithm, GoodEntry, Kaspa, Pendle, And More
This Week's Project Research - LSD & LSDfi, LPD, RWA, Perp DEX Narratives: With Logarithm, GoodEntry, Kaspa, Pendle, And More
The Best Research curated to save you time
GM frens.
Today I’m trying a new format here, that I was already doing on my X Account.
Find this Newsletter as a thread already here:
Gathering & Curating the best Research of the week, in the Latest Narratives.
Thanks again to all of the Paid Subscribers.
Let’s get straight to the alpha! 👇
I’m posting daily Live Alpha in my Instagram Story, and in my Alpha Telegram Channel ☟
My Linktree to have access to all my Content & Alpha on Twitter (X), Instagram, Telegram, and More: https://linktr.ee/cryptoshiro
Today you will find Research & Alpha about:
LPDfi
LSD & LSDfi
RWA
ve(3,3)
Perp DEX
SocialFi
And much more!
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Your Alpha, gathered in the following categories:
1/ Layer1
2/ DEX
3/ Perp DEX
4/ LSD, LSDfi & CDP
5/ LPDfi & Yield
6/ SocialFi
7/ TG Bot
8/ Others
Find your alpha! 👇
Everything here are just ideas and is NOT Financial Advice.
1/ Layer1
Kaspa, a Proof-of-Work L1 based on the GHOSTDAG protocol (Hercules_Defi)
🔹 Uptrend
🔹 Parabolic Hashrate
🔹 Pure PoW Consensus, Anti-inflationary, Decentralized
🔹 GhostDAG (Directed Acyclic Graph)
🔹 DAG Narrative
2/ DEX
KyberNetwork, a Cross-chain DEX & Aggregator (0xsurferboy)
🔹 Expanding on Linea, zkEVM & zkSync (2nd DEX on Linea already)
🔹 OG Liquidity/DEX, founded in 2017
🔹 60M TVL
🔹 High APR on new chains
THORChain, a cross-chain DEX allowing to swap Native Bitcoin to Native Ethereum (jake_pahor)
🔹 New Lending Feature (0% Interest, No Liquiditations, No Expiry)
🔹 A Decentralized alternative to CEX, without relying on Wrapped Tokens
🔹 No Bridge Risks, No KYC
🔹 ~120M TVL
BaseSwap, the first Native DEX on Base (MercyDeGreat)
🔹 First Mover on Base
🔹 Low Swap Fees, Bridge to Base, High Yield
🔸 Not Especially Innovative or New → Can be replaced by a better competitor on Base in a few weeks/months if it does not attract TVL & Users fast
MantisSwap, a Single-Sided AMM for Trading Pegged Assets on Polygon & zkEVM (0xSalazar)
🔹 First Mover on zkEVM
🔹 First LSDfi Protocol on zkEVM (soon)
🔹 Single-Sided Liquidity, Autonomous Loss Protection, Open Pool Design
🔹 → No Impermanent Loss
🔹 Possible Airdrop
Chronos, a Liquidity Layer & AMM on Arbitrum (CryptoGideon_)
🔹 Ve(3,3) Model
🔹 Concentrated Liquidity → Capital Efficiency, More Revenue, Greater Yield Opportunities
🔹 Limit & TWAP Orders
🔹 New UI/UX
Aerodrome, the central trading & liquidity marketplace on Base (Slappjakke)
🔹 Ve(3,3) AMM DEX, fork of Velodrome
🔹 Working with the Base Team
🔹 90% Locked Supply
🔹 About to Launch
3/ Perp DEX
HyperliquidX, an Order Book Perp DEX (matrixthesun)
🔹 Run on its own L1
🔹 Tendermint Consensus → Finality < 1 sec
🔹 20k orders per second
🔹 > 40 Assets
🔹 No Token Yet, Possible Airdrop
KTX, Decentralized & Social Trading Platform (Moomsxxx)
🔹 GMX of BNB Chain
🔹 $230M+ Trading Volume, 2900+ Unique Users, $200k+ Total Fees
🔹 Leverage up to 50x & High Capital Efficiency
🔹 Raised $4M
🔹 Launch on Mantle planned
4/ LSD, LSDfi & CDP
Stader, Non-Custodial & Secure Liquid Staking (Defi0xJeff)
🔹 Multichain LSD
🔹 ~$100M TVL, Mcap $20M, 0.2 Mcap/TVL Ratio
🔹 First Project to build on top of EigenLayer → New Primitive
EigenLayer, the ground-breaking Restaking Project for Ethereum (0xAndrewMoh)
🔹 $235M TVL
🔹 Brand New Primitive
🔹 Restaking → Capital Efficiency
🔹 Potential Airdrop
Pendle, LSDfi Products & Yield for the masses (arndxt_xo)
🔹 Binance Labs invest in Pendle
🔹 A yield management platform, allowing for the tokenization of yield
🔹 Unlocks the full potential of yield → advanced yield strategies
🔹 CEX Like Products, Decentralized
🔹 RWA
Adscendo, LSD Native Stablecoin & Leveraged Yield (yieldinator)
🔹 Splits the price volatility and yield of stETH
🔹 Capital Efficiency
🔹 Real and Leveraged ETH Yield
🔹 Lower Liquidation Risk
🔹 Early & Potential Hidden Gem
BoundFinance, LSDfi with Cashback on Credit Card Transactions (wacy_time1)
🔹 High-yield cashback cards (10-15% Cashback)
🔹 Connects Ethereum-backed loan providers with cashback users
🔹 LSDfi Model
5/ LPDfi & Yield
LPDfi Narrative & logarithm_fi (Louround_)
🔹 Liquidity Providing Derivatives → Projects using Uni V3 LP positions to build products and strategies on top of it
🔹 → Maximizing capital efficiency and yield
🔹 Strategy backtested over 6 months
🔹 Beta Soon
GoodEntry, Protected Perps & Passive Yield (OnChainDataNerd)
🔹 $1M TVL: Slowly opening for more Capital, following security measures & Audits
🔹 Set and Forget Strategy, Flexibility
🔹 Multiple Yield Sources
🔹 Only one of the many Facets of GoodEntry
🔹 Airdrop?
More on GoodEntry & especially Protected Perps, their main innovation:
ClipFinance, the Infrastructure Layer for Cross-chain Yield Products (thelearningpill)
🔹 1-click Yield Farming
🔹 Cross-chain & multi-strategy vaults
🔹 On-chain Risk Management
🔹 Optimized yield vaults for LSTs
🔹 Launch Soon
6/ SocialFi
FriendTech, if you still don't know what it is (the_smart_ape)
🔹 SocialFi Platform
🔹 Speculate on X Accounts
🔹 On Base
🔹 Potential Airdrop
🔹Paradigm Investment
More on FriendTech (2lambro)
PINs, a content social network with role-playing elements to establish story-driven metaverses (CryptoGideon_)
🔹 Each content creator can create a unique metaverse
🔹 With its own Currency, NFT, Economic Mechanisms
🔹 Gaming & Content Creation
🔹 Launch soon
7/ TG Bot
Unibot Bull Case (LouisCooper_)
🔹 TG Bot Narrative
🔹 Product that people want & use regardless of token price
🔹 $220M Lifetime volume, 2k Daily Active Users
🔹 Team actually shipping upgrades, productive communication
8/ Others
Bumper, a Risk Management Tool that provides Price Protection for your Crypto from Downside Volatility & Market Crashes (Defi0xJeff)
🔹 Like Options but Cheaper Premiums & Better Price Efficiency
🔹 Token down from ATH
🔹 Token-Gated
🔹 Protocol Launch Aug 31
zkLink, The first Rollup-Centric, Multi-Chain zkRollup trading execution layer (stacy_muur)
🔹 Unified multi-chain Liquidity
🔹 A dozen of blockchains supported
🔹 Backed by Coinbase Ventures ($18.5M)
🔹 200k+ Unique Users
🔹 Token Soon + Potential Airdrop
That’s it for today frens!
Thank you for sticking around, your future self will thank you.
Don’t forget to follow the people who provide us this content. They are big brains sharing their knowledge. You can also follow me on Twitter @CryptoShiro_.
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Everything here is NOT Finance Advice and purely informative.
best work ever 😁