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
Kyber Swap aggregator is now live on Linea Mainnet.
You can find the best rates and swap tokens with the lowest slippage.
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
Synonym Finance
Synonym is the universal cross-chain credit layer for busy DeFi Professionals
🙍♂️ Followers: 1206
Links
OUR DESCRIPTION
Synonym Finance is a cutting-edge DeFi platform currently in alpha development, aiming to create a universal cross-chain credit layer for busy DeFi Professionals. The platform will allow users to easily lend, borrow, and earn yield on various chains through a single, user-friendly interface. Leveraging a unique hub and spoke architecture, Synonym plans to initially launch on Ethereum, Arbitrum, and Optimism, with more networks to follow. The project boasts numerous advantages, such as unified cross-chain liquidity, seamless user experiences, and improved capital efficiency. The official Testnet Beta Program is set to launch in August, with the Mainnet Launch expected in Q4. Stay tuned for updates and further developments on their journey towards revolutionizing the DeFi space.
RELEVANT ACTIVITIES
Testnet is coming soon, sign up here to join beta program
TOP FOLLOWERS:
@0xminion
Score: 1357 🟢
Followers: 20.42k
Description: Research & Data @gbvofficial | @DegenCitadel
@0xSami_
Score: 1292 🟢
Followers: 17.59k
Description: 🙇♂️
@Rafi_0x
Score: 1225 🟢
Followers: 25.64k
Description: Hunting early entries on DeFi gems
Other projects
Circuit Protocol
Type
DeFi
Description
Yield optimizer on @0xMantle
RELEVANT ACTIVITIES
Wait for more information. Stay tuned to Twitter for updates.
NeoBot
Type
DeFi/Infrastructure
Description
Trading bot and analytic
RELEVANT ACTIVITIES
The product is live. The thread contest is currently ongoing.
Ephemeris Network
Type
DeFi
Description
Advanced liquidity solutions for the upcoming Uniswap V4 protocol
RELEVANT ACTIVITIES
Wait for more information. Stay tuned to Twitter for updates.
Amulet
Type
DeFi
Description
Money market on Cosmos
RELEVANT ACTIVITIES
Wait for more information. Stay tuned to Twitter for updates.
Sudoku Finance
Type
DeFi
Description
Liquidity market protocol built on @0xMantle
RELEVANT ACTIVITIES
Wait for more information. Stay tuned to Twitter for updates.
Dyad
Type
DeFi
Description
Bond exchange and credit registrar
RELEVANT ACTIVITIES
Wait for more information. Stay tuned to Twitter for updates.
Fnacy
Type
NFT
Description
NFT Marketplace on @LineaBuild
RELEVANT ACTIVITIES
Mint Fnacy early supporters badge here
Please make sure to DYOR before interacting with any of the protocols!
Market Overview
BTC - the price is approaching a big limit support area. On the daily bar chart, beautiful large clusters formed at the bottom. Locally, this can easily bounce up by a couple of percent. Globally, it can be a place of change in market movement.
But right now, while the sellers are pressing. You can watch the sales and how buyers take it. If there are large clusters at the bottom of the bar, then you can try scalping long from them.
If you enjoy these market overviews check out the author’s channel.