Alpha issue #43
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
KyberSwap expands to Linea!
KyberSwap will be part of DeFi Week in Linea’s NFT voyage!
KyberSwap will be showcasing its aggregator on Linea’s testnet, where DeFi explorers will be able to win a highly coveted Linea NFT!
Stay tuned to future announcements for more details!
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
Radpie
Radpie is a Next-Generation SubDAO by @magpiexyz_io that leverages @RDNTCapital's robust infrastructure to boost yield & streamline governance benefits.
🙍♂️ Followers: 746
Links
OUR DESCRIPTION
Radpie aims to optimize yields and enhance the DeFi experience for Radiant capital users. It achieves this by strategically locking dLP (deposited LP) tokens, which grants governance rights to Radpie and activates RDNT emissions on deposits and borrows. By converting RDNT-ETH and RDNT-BNB LP into mdLP (modified LP), users can stake their mdLP on Radpie to earn RDNT emissions, additional RDP (Radpie token) rewards, and protocol fees. Radpie's benefits to Radiant Capital include streamlining the user experience, attracting and retaining more users, and providing sustained support for Radiant's long-term growth. Radpie also offers advantages such as boosting yields without lockup requirements, eliminating the lockup duration associated with dLPs, providing cost-effective governance power, and supporting the sustainability and growth of the Radiant ecosystem..
RELEVANT ACTIVITIES
Wait for more information. Stay tuned to Twitter for more information.
TOP FOLLOWERS:
@casperdefi
Score: 1068 🟢
Followers: 26.64k
Description: I dont work #BTC does. Tweets are not financial advise
@0xkinnif
Score: 969 🟢
Followers: 5.66k
Description: your friendly neighbourhood doggo @fisher8cap | pe.
@wassiecapital
Score: 968 🟢
Followers: 9.96k
Description: wuwu ❤️ | Research 🔍 @PlayVentures | 🧙♂️ Alpha
Other projects
XAI
Type
Web3 Game console
Description
Decentralized game console & Layer 3 built on @arbitrum
RELEVANT ACTIVITIES
Wait for more information. Stay tuned to Twitter for updates.
Lotus
Type
NFT, Raffle
Description
Permissionless NFT raffle platform built on @Starknet
RELEVANT ACTIVITIES
Testnet coming soon. Stay tuned to Twitter for updates.
Rune Trade
Type
DeFi
Description
On-chain trading/gaming platform
RELEVANT ACTIVITIES
Wait for more information. Stay tuned to Twitter for updates.
DerpDEX
Type
DEX
Description
DEX on @zksync
RELEVANT ACTIVITIES
You can participate in their testnet here. Stay tuned to Twitter for updates.
Basin
Type
DEX
Description
EVM-native decentralized exchange protocol.
RELEVANT ACTIVITIES
Wait for more information. Stay tuned to Twitter for updates.
Galador
Type
DEX
Description
DEX and Liquidity infrastructure on @0xMantle
RELEVANT ACTIVITIES
You can participate in their testnet here. Stay tuned to Twitter for updates.
PSY
Type
DeFi
Description
LSD protocol on @Arbitrum
RELEVANT ACTIVITIES
Testnet just kicked off. You can start here
Please make sure to DYOR before interacting with any of the protocols!
Market Overview
BTC - The market stays in a range during the sales. The longer it does not dump and the more BTC sold without a result, the higher the chance of continued growth on a new wave of buys.
For those who are now out of position in Bitcoin, I don’t see strong arguments to open a long or short position. I would wait for something more solid.
If you enjoy these market overviews check out the author’s channel.