Today in DeFi - dydx on L2, Balancer + Aave, And More...

dydx on Layer 2

dYdX @dydxprotocol

Introducing our new cross-margined Perpetuals, now live on Layer 2 powered by @StarkWareLtd. Read the announcement, and sign up for the alpha to start trading ↓ dydx.exchange/blog/alpha

dydx, one of the earliest and most successful order-book DEXes, is now on Layer 2. Scaled using starkware’s zkStarks, the withdrawal times to L1 should be relatively fast, esp. compared to Optimistic rollups.

The new dydx cross-margin perpetuals will feature up to 25x leverage and integrate funding rate arbitrage(!), allowing users to easily earn yield, while helping to move the perp price back to the market price.

The closed alpha is launched now, and public mainnet will come later.

Today in DeFi is sponsored by Aave.

Aave is a decentralised, open-source, and non-custodial liquidity protocol for earning interest on deposits and borrowing assets. It tokenizes deposits as aTokens, which accrue interest in real time. Aave also features access to Flash Loans and Credit Delegation as uncollateralised loan options.

Try it today at: https://aave.com

Balancer + AAVE

🃏Fiskantes @Fiskantes

This alliance between @BalancerLabs and @AaveAave - make the redundant asset in the pools earn additional yield via Aave lending. @GregusJakub - you have similar idea for @hydra_dx omnipool right?

medium.comBalancer Partners with Aave to Build the First V2 Asset ManagerIn light of the recent announcement of Balancer V2, we’re proud to announce a partnership with Aave to build the first Balancer V2 Asset Manager — allowing idle assets in V2 pools to earn yield on…

Balancer is partnering with Aave. This will allow idle assets on Balancer V2 to earn yield through Aave.

Enzyme Sulu

Enzyme Finance @enzymefinance

After the success of v2, we're excited to unveil plans & roadmap for 🆂🆄🅻🆄, our next release. Sulu will include; 🏦 Borrowing 🧵 @CurveFinance pools 🔮 @idlefinance support 🧮 @AaveAave lending ⚖️ @BalancerLabs pools 🏧 Support for stakedETH medium.com/enzymefinance/…

medium.comAnnouncing Sulu; Enzyme’s next release & roadmapAs many of you know, we’ve just released v2 which has been extremely well received but we’re already well into our next release; Sulu. Today, we’re excited to share plans on Sulu with you and give…

Enzyme has announced its next release, which will incorporate, Curve, Aave, and Idle, as well as Staked ETH (Eth staked in eth2.0).

Antimatter Options

AntiMatter @antimatterdefi

Introducing AntiMatter's first product Perpetual Put ETH Option launching before April 1st $MATTER

antimatterdefi.medium.comIntroducing AntiMatter’s first product Perpetual Put ETH Option launching before April 1stIntroducing AntiMatter’s first product: DeFi’s first Perpetual Ethereum Put on-chain Option product based on an innovative polarized token mechanism. A put option is a contract that gives the owner…

Antimatter DeFi, an options protocol, is launching its first product, a perpetual ETH Put option.

XTK is live

xToken @xtokenmarket

xToken's native token XTK is live! Read below for more info on our retroactive distribution, as well our Community Vesting program, which offers liquidity partners and community contributors an opportunity to earn XTK.

medium.comXTK is LiveWe’ve distributed 2% of supply (20 million XTK) retroactively to past users and liquidity providers. Each eligible address was assigned a cumulative point total based on participation in the network…

xToken, a staking project, has launched its XTK token.

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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