Today in DeFi - Jupiter Memecoin Trading Live, LayerZero Launching on Galxe Chain, Blast Phase 2 Guide Live, Spot Limit and DCA Orders with Minimal Slippage, and more...
Updates π°
Jupiter launches Ape, a memecoin trading platform. Jupiter Ape offers a secure wallet vault where users can start trading by depositing SOL.
Preon Finance launches V2, introducing PREON token, oPREON options, stability pool, and omnichain capabilities.
Scroll L2 launches the Curie upgrade, bringing transaction fees down by 2x.
Aptos introduces Aptos Connect, a self-custodial wallet that allows users to create an account with a single click using Web2 login options.
Aevo launches Aevo Strategies, automated trading vaults that execute sophisticated strategies on the userβs behalf.
Trade 10,000+ Tokens on spot market with up to 20x leverage on margin markets with Unstoppable, a decentralized trading platform that combines features of CEX with the security and transparency of decentralized finance
Today in DeFi is supported by Unstoppable
Upcoming β³
LayerZero Labs announced its upcoming launch on Gravity, an L1 chain by Galxe. Developers on Gravity will be able to connect to over 70 other chains through LayerZero.
Arrakis partners with Valantis to introduce HOT (Hybrid Order Type), an MEV-aware AMM designed to drive better outcomes for LPs by mitigating LVR/MEV and attracting more healthy flow. HOT is live for permissioned testers and will be open to the public at the end of the summer.
Compute Labs announces a $3M Pre-Seed funding round led by Protocol Labs. Compute Labs is building Compute Protocol, a Solana-based GPU tokenization platform on testnet, and will launch on mainnet this month.
Airdrops πͺ
Blast released a blog post for Phase 2 airdrop, saying that 10 billion tokens will be allocated for Phase 2 rewards, and Phase 2 will last 12 months.
Napier Finance launches points airdrop for Liquid (Re)Staking. Napier will launch Point Casino, a new trading platform for yield and points native to the Curve ecosystem.
Farms π§π»βπΎ
Stake your GHO on Arbitrum to earn ~34.4% APR from AAVE and Merit Program
Today in DeFi is supported in part by ACI
Spot Limit and DCA Orders with Minimal Slippage
Description
The Unstoppable DEX is a decentralized trading platform that combines the advanced features of centralized exchanges with the security and transparency of DeFi.
Built on the proven infrastructure of leading DEXs like Uniswap, the Unstoppable DEX offers traders a comprehensive spot trading experience with advanced order types and a fully-backed margin leverage trading system.
Benefits
πΒ Minimal slippage
πΒ 1:1 Asset Backing
πΒ Offering advanced order types
Risk Involved
β οΈ Smart Contract Risk
β οΈ Liquidation Risk
Security
β UnstoppableFi is audited. (ChainSecurity & Sherlock Contest)
The audit does not guarantee any hacks. Please do not invest with more than you can afford to lose.
User Guide
Spot Trading
Go to UnstoppableFi DEX
Connect your wallet by clicking the "Connect Wallet" button and following the prompts.
Choose a pair you want to trade with from the available options.
Choose an order type from the following options:
Swap: If you want to immediately swap your tokens.
Limit: To place a limit order, which allows you to sell your spot at a specific price.
DCA: To buy a fixed dollar amount of an asset at regular intervals.
If you click βSwap,β input the amount of tokens and the token you want to swap and click βConfirm Swap.β
If you click βLimit,β input the price at which you want to sell your tokens and click βWrap.β
If you click βDCA,β input the amount and frequency of your trades and click βWrapβ
Margin Trading
Go to UnstoppableFi DEX
Connect your wallet by clicking the "Connect Wallet" button and following the prompts.
Choose a pair you want to trade with from the available options (wETH/USDC, wBTC/USDC, wETH/wBTC).
Click βLongβ if you expect the asset's price to rise or βShortβ if you expect the price to fall.
Input the position size you want to trade.
Input the leverage you want to use. To use leverage over x5, click βDegen Modeβ.
After checking the trading details, click βDeposit Fundβ to proceed with the trade.
Resources
Today in DeFi is Now on Telegram
Get notified of daily DeFi news, project analysis, early airdrops, farming opportunities, and many more as soon as we publish. https://t.me/todayindefinews
For news tips and press releases reach us at news@todayindefi.com.
For sponsorships or partnerships, reach us at: support@todayindefi.com
FollowΒ @todayindefiΒ to keep up with the latest DeFi news on Twitter.
Disclaimer: Projects or tokens mentioned in this newsletter are often experimental or unaudited. Do your own diligence before using or buying anything mentioned.