Last Week in DeFi - Alchemix alETH, Curve V2, MarginSwap, and More...

Recap: Week of Jun 7

Last week saw a ridiculous amount of product launches. Some major ones included Curve launching V2, Alchemix alETH, and Alpha Finance Launchpad went live.

On Polygon, Marginswap launched to provide 5x margin trading, Furucombo is now available to Polygon users, and Okcoin now supports Polygon withdrawal.

Upcoming news includes UMA’s Range Tokens and dHEDGE’s V2.

P.S. Due to the amount of stuff launching on Polygon it now has its own section.

Sushiswap🍣

Today in DeFi is sponsored by Sushiswap.

Sushiswap is a DeFi-Native, multi-chain DEX which features the best liquidity across many DeFi pairs such as YFI, SNX, and AAVE.

You can swap DeFi pairs at Sushiswap, earn yield by farming, earn yield by lending, stake SUSHI for more SUSHI, or margin trade on Kashi

Sushiswap has also recently launched Liquidity Mining on Polygon. Find out more.

Ethereum Launches

• Alchemix alETH
  Alchemix launched alETH, allowing users to use their ETH as collateral to borrow alETH with a 400% collateralization ratio while earning a yield.

• Parcel
  Powered by GnosisSafe, Parcel launched as a treasury management tool for DAOs.

• Alpha Launchpad
  Alpha’s launchpad program aims to incubate new projects and in doing so grow the Alpha Universe of products.

• 1inch Limit Order Protocol
  1inch released their Limit Order Protocol on Ethereum, BSC, and Polygon. The new protocol is more efficient, has no extra fees, and is more flexible.

• Sushi on PoolTogether
  Sushi prize pool is live on Polygon with extra rewards for the first month.

• Metamask Institutional
  Metamask launched an institutional version with multi-sig support and built-in compliance mechanism.

• Curve V2
  Curve launched their own AMM pools with auto concentrated liquidity + dynamic price fees using internal oracles.

• DFX V1
  DFX launched as an oracle-based AMM optimized for forex trading.

• imToken Portfolio Manager
  imToken upgrades and lets users manage their portfolios, switch between networks, and use the app widget on iOS devices.

• Archer TEV
  ArcherDAO introduced TEV. The TEV mechanism along with a reward program protects users from MEV, profits miners, and shares profits with traders.

• Opium ETH Dump Protection
  Opium launched an insurance product to protect against ETH price declines. The product benefits both bullish and bearish investors.

• ICYMI: Opeth
  Opeth launched as a synthetic instrument fusing option with the underlying asset, enabling liquidation-free and capital-efficient loans backed by Opyn options.

Polygon Launches ♾

• Marginswap on Polygon
  Marginswap went live on Polygon. Users can now margin trade on Sushiswap & Quickswap with up to 5x leverage.

• OKcoin Polygon Withdrawal
  Popular CEX OKcoin now supports direct withdrawal to Polygon, saving users up to 25% transaction fees.

• Furucombo on Polygon
  Furucombo is now available on Polygon, making batching transactions easier and cheaper for users.

Upcoming⏳

• UMA Range Tokens
  UMA’s Range Tokens work like convertible debts, enabling DAOs to use their native tokens as collateral to borrow funds.

• dHEDGE V2
  dHEDGE will upgrade to V2 with a Polygon launch, LM for DHT & dTOP, partnerships with Perpetual Protocol, DefiPulse, and more.

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Disclaimer: Projects or tokens mentioned in this newsletter are often experimental or unaudited. Do your own diligence before using or buying anything mentioned.