Today in DeFi - FutureSwap V2, ShapeShift Token, and More
FutureSwap V2
Futureswap - an on chain perpetual contract trading platform, is now live with V2.
V2 features “live pricing, more performant trading, and higher capital efficiency.”
It also introduces FST, a non-transferable governance token.
Shapeshift FOX Token
ShapeShift is introducing the FOX token, a utility token which lets users trade for free on the platform.
According to Coindesk, ShapeShift is also planning to shift to a full DEX model, aggregating liquidity. This will allow it to drop its current KYC model.
uGAS Live
uGAS, a speculative gas token, is live at degenerative.finance.
“uGAS is a gas futures token that will settle at the end of each month at the 30-day median gas price. It's designed in a similar way to futures contracts on oil or gold. You can effectively buy or sell uGAS today and lock in future median gas price in Gwei now.”
Volmex
Volmex, a volatilty index trading platform, will be scaling using Optimism.
AaveGotchi + Matic
Aavegotchi will be scaling with Matic network. Note that while powered by Aave, Aavegotchi is technologically a separate project with different requirements, so this does not imply that Aave itself will or will not use Matic to scale.
Curve SynthSwap
Curve Developer Julien Bouteloup has tweeted a sneak peak of a possible new cross-asset swap feature, powered by Synthetix.
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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