Alpha issue #107
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.
PerfectSwap is now live on Arbitrum:
2/➯ Updates & Upgrades in DeFi
inEVM Release Hyperscaling Multi VM Development:
Uniswap Hook Incubator:
Tether Token (USDT) to Launch on Celo:
Nubit, the first Bitcoin-native data availability layer:
Theta EdgeCloud - Redefining 3D Rendering for GenAI:
ezETH on Pendle Finance +43% APY
Introducing Cyber: the social Layer 2 with restaking:
Opal v1 launch imminent | Vision to expand omni DEXs and multichain:
Smart dLP Converter + mdLP Stability Vault on Radpie:
3/➯ Alpha by Threadors & Good Reads
Huge report: The Maker 2023 DAO Retrospective:
The Ultimate Rollup-as-a-Service (RaaS) Map:
45 AI projects on the pre-launch stage with HUGE potential:
Analysis of Intent-Based Markets:
4/➯ VITAL NEWS📰₿
Grayscale, Coinbase sit down with SEC over spot Ether ETF:
Coming up this week: Big news on inflation data in the United States:
Vitalik warns that quantum computers could jeopardize user funds on the blockchain. Prepare for a potential hard fork and new wallet software to safeguard your assets:
Billionaire Hedge Funder Bill Ackman Mulls Bitcoin:
MicroStrategy's bitcoin holdings reach 205,000 BTC with latest purchase, exceed BlackRock's ETF:
5/➯⛓️On-Chain Data:
ImmutableX has recorded $23.5M in NFT sales volume in past 30 days:
Perp DEX Weekly Volume:
Base is going to be extremely attractive to the normies:
CEX narrative is performing well: new ATHs
6/➯ Macro Metrics 📈
Momentum exposure in hedge fund long US equity portfolio (weight in leaders minus weight in laggards):
This week's focus: Nvidia ($NVDA) after Friday's big reversal with a red candle:
Busy week ahead with CPI on Tuesday, PPI on Thursday, and UoM Consumer Sentiment on Friday:
7/➯ Exploits & Bugs
Unizen has been exploited:
Yield Minter Vault on Blastoff has been exploited
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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I'll continue sharing valuable information about the latest insights and my thoughts in this fast-paced field.
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