Today in DeFi - Convergence dApp Live, Sudoswap Live on Base, Renzo Cross-chain Restaking on Arbitrum, Curve Farming with High Rewards, and more...

Launches 🚀

• Convergence, a Convex-like rewards-boosting protocol, is live on mainnet. Convergence initially supports StakeDAO, users can deposit Stake DAO’s liquid locker tokens (sdTKNs) and LP tokens (LPs) into Convergence to claim boosted rewards.

• SmolRefuel, launched by Defi Llama developer 0xngm, is a tool that uses permits to do token swaps that require no initial ETH, so users can get their first ETH on a new chain.

• FloorDAO, an NFT sweeping protocol, launched V2. V2 allows users to sweep any collection with 15+ ETH.

• Avantis, a perp DEX for crypto, forex, and metals, launches beta on Base L2. Users can now trade assets or provide liquidity with leverage with soft-locking.

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Updates 📰

• Sudoswap, an NFT AMM, is now live on Base L2.

• Dydx Chain launched a mobile version for iOS users.

• Mantle L2 governance voted to stake $10M worth of $MNT from Mantle Treasury as an initial commitment to Lagrange’s state committee deployment for Mantle Network.

Upcoming ⏳

• Renzo, in collaboration with Connext Network, will launch cross-chain ETH restaking on Arbitrum.

• Sommelier protocol upgrade will happen on Feb 7th. The upgrade includes the ability to launch vaults on alt-EVMs, Distribution of accrued fees to SOMM stakers, and Further decentralizing of the role of strategists.

• Dydx governance voted to distribute 5M in DYDX tokens for Season 1 Rewards of the 6-month Launch Incentives Program.

Airdrops 🪂

• Kinetix, a Kava-based perp DEX, announces the upcoming KFI airdrop for Kinetix users and users on Cosmos, Osmosis, Celestia, Injective, and Polygon PoS.

• AltLayer announces Airdrop Season One with registration and claim process for Celestia stakers. Around 10% of the airdrop allocation (3% of ALT's total supply) is reserved for the Celestia community.

• InterSwap, an Omnichain AMM built on Axelar, launched an incentivized invite-only testnet. Users can go to Galxe and complete tasks to get on the waitlist for testnet phase 2.

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High-Yield Farms, Curve Farming with High Rewards, …