Alpha issue #42
Early projects and market overview
Hello everyone and welcome to another issue of Alpha Made Here, my newsletter where I show you the newest crypto projects and market overview. If you’re reading this but haven’t yet signed up, you can join others and get Alpha delivered to your inbox by subscribing here:
Spotlight Project
KyberSwap
Multichain #DeFi exchange & aggregator on 13 chains⚡Swap at the best rates⚡LPs earn more | $KNC alpha: http://Discord.gg/kyberswap | TG: http://t.me/kybernetwork
🙍♂️ Followers: 255.5k
Links
OUR DESCRIPTION
My friends from KyberSwap are one of the OGs in the space. They launched in 2017 and since then they have built the most integrated DEX aggregator with over 70 DEXes on 14 chains.
They have a unique concentrated liquidity design. Liquidity Providers do get not only high fees from the trading pools but also extra farming rewards on top of them.
Kyber also reworked Discovery Tool into KyberAI which brings a lot of insights about the market but it is still in Beta. I will update you when it is available for everyone.
RELEVANT ACTIVITIES
KyberNetwork deploys KyberSwap Aggregator and Classic Liquidity Protocols on zkSync Era
Kyber also integrated native DEXs mute_io, syncswap, and velocorexyz, to provide users with the best optimal rates.
You can swap tokens on zkSync with Kyber Aggregator here.
TOP FOLLOWERS
@cz_binance
Score: 4054 🟢
Followers: 8.5M
Description: CEO @binance, holder of #bnb #btc
@StaniKulechov
Score: 3357 🟢
Followers: 239k
Description: Founder of @LensProtocol 🌿 and @AaveAave 👻
@tyler
Score: 3281 🟢
Followers: 1.1M
Description: Co-founder @gemini Co-founder @winklevosscap Vocals @marsjunction
Alpha Projects
Tapioca
borrow + leverage + lend omnichain, powered by layerzero
🙍♂️ Followers: 26.16k
Links
OUR DESCRIPTION
TapiocaDAO is building an omnichain money market that works across different blockchains. They use LayerZero to connect all these blockchains and allow seamless transactions between them. TapiocaDAO also created a stablecoin called USDO that can be used on different chains without any extra fees or delays. They support decentralized borrowing and lending of assets on different chains. TapiocaDAO aims to create a safe, sustainable, and connected financial system for everyone.
RELEVANT ACTIVITIES
Recently raised $6M. Stay tuned to Twitter for more information.
TOP FOLLOWERS:
@franklinisbored
Score: 3803 🟢
Followers: 166.74k
Description: #Web3 #BAYC. Bored Ape holder. @USC alum. @NASA co...
@krybharat
Score: 3390 🟢
Followers: 114.75k
Description: Decentralization maxi, angel investor and JPEG con...
@OGDfarmer
Score: 3283 🟢
Followers: 98.5k
Description: DeFi farmer extraordinaire. NFT turbodegen. Line c.
Other projects
Carbon Finance
Type
Trading Bot
RELEVANT ACTIVITIES
Wait for more information. Stay tuned to Twitter for updates.
SYMM
Type
DEX
RELEVANT ACTIVITIES
Wait for more information. Stay tuned to Twitter for updates.
Ekubo
Type
DEX
RELEVANT ACTIVITIES
Wait for more information. Stay tuned to Twitter for updates.
Concordia
Type
DeFi
RELEVANT ACTIVITIES
You can participate in their testnet here. Stay tuned to Twitter for updates.
GNL Protocol
Type
DeFi
RELEVANT ACTIVITIES
Wait for more information. Stay tuned to Twitter for updates.
Aegis Finance
Type
DeFi
RELEVANT ACTIVITIES
Wait for more information. Stay tuned to Twitter for updates.
Fusion Trade
Type
DEX
RELEVANT ACTIVITIES
Wait for more information. Stay tuned to Twitter for updates.
Please make sure to DYOR before interacting with any of the protocols!
Market Overview
BTC - in 9 months there were sold 260,000 bitcoins more than bought. Apparently, the sellers are exhausted. Trading volumes are at a minimum.
Surprisingly, at the same time, the price rose by as much as 50%.
It will be interesting to see what happens when buyers want to buy 50-100K bitcoins.
And now we can see that buyers came to the market. 10000 BTC bought and we can expect that they will buy more.
If you enjoy these market overviews check out the author’s channel.