Alpha issue #105
DMH's spotlight, new concepts and narratives, guides & more!
DMH Newsletter is a vital news hub with crucial updates & narratives and trends
Spotlight Project: Perfect Swap
The leading DEX on Arbitrum by the innovation of ve(3,3)
PerfectSwap offers low fees, fast transactions, and an innovative incentive model ve(3,3). It builds on Solidly V2's liquidity framework, aiming to enhance efficiency and sustainability in DEXs.
🙍♂️ Followers: 5.4k
Impermanent Loss Defense: Overcoming LP Concerns
Concerns like impermanent loss deter liquidity provision. PerfectSwap challenges this by transforming their AMM into a JIT fee collector, ensuring fair profits for providers.
At PerfectSwap, they've integrated dynamic fee structures to protect pools from toxic flows during market volatility. Their solution: JIT fees that adjust based on market conditions to create a fairer environment for liquidity providers.
But how do they manage to do it?
They mitigate impermanent loss for LPs because they're able to compensate them more fairly as opposed to other ve3,3s with suboptimal fee mechanisms.
Not only are fees automatically adjusted but their measure to the degree at which they set the fees is a lot more accurate than any other ve3,3 with self-adjusting fees.
They take into consideration price, supply, and volume, and measure essentially what is volatility by combining these factors.
The liquidity they create can be a lot stickier than other DEXs.
$PRFCT token and its utility:
2/➯ Updates & Upgrades in DeFi
SynFutures: V3 on Blast Trade & Farm 3x Airdrop
$YBX Solana's decentralized stablecoin:
Introducing Ondo Global Markets - A New Paradigm for Securities Tokenization:
Huge milestone on CakePie: 1 Million CAKE tokens have already been accumulated by Cakepie through the CAKE RUSH #2:
Ambient points now live:
Tabi Chain Testnet is Now Live:
3/➯ Alpha by Threadors & Good Reads
Scaling Blockchains: Embracing Modularity:
How the Delta Upgrade reduced OP Chain fixed costs by over 90%:
Avail Nexus - A ZK Rollups Built for Cross-rollup and Cross-ecosystem Settlement:
Nakamoto Launch - Testnet and Mainnet Rollout Overview:
Selection of low-cap AI tokens:
4/➯ VITAL NEWS📰₿
BlackRock's Spot Bitcoin ETF Starts Trading in Brazil:
Ether.Fi, restaking projects rouse VCs: ‘completely different from three months ago’:
UK introduces a statutory instrument to crack down on digital assets used in illicit activities, due to come into force from 26 April 2024:
Hedge fund titan Cliff Asness turns quant scrutiny to Bitcoin as crypto storms Wall Street
5/➯⛓️On-Chain Data:
Memecoins with the most fresh wallet inflow:
Coinbase Prime Inflows:
Arbitrum Unlocks:
The size of Tokenized US Treasuries has been growing steadily until Jan 2024 when Bitcoin was at $40k:
The uptrend in Cardano appears healthy:
6/➯ Macro Metrics 📈
Market Performance: YTD absolute and risk-adjusted returns
Prime Book: Cumulative US Net Trading Flow
The US national debt is $34.471 trillion and rising $1 trillion every 100 days:
The best-performing stocks in the S&P 500 over the last 5, 10, 15, and 20 years:
7/➯ Exploits & Bugs
Seneca: 80% of funds have been returned:
That’s it for today, my friends!
Thank you all for staying with us. Your future self will undoubtedly be grateful for the knowledge and insights gained here.
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