Want to know where to hedge your bets this year? Here's my list of protocols to keep your eyes on heading into 2023. A mix of established and upcoming projects from real yield to NFTfi. ๐งต ๐ (Part 1)
@vela_exchange $DXP A perpetual DEX focused on putting the trader first, Vela has actively spoken about their second movers advantage. โข Will offer granular control for traders โข Beta coming in January โข Extremely good tokenomics https://twitter.com/LouisCooper_/status/1586667640965058561
@takepile_ $TAKE Another perp DEX but with a completely custom liquidity system. What they need: โข Better liquidity โข Go multi-chain If they can make it off $FTM, they could start to compete against the best. Dive into their liq. system below https://twitter.com/LouisCooper_/status/1586304305564291072
@Buffer_Finance $BFR A binary options trading platform which will profit off the human desire to gamble โข Releasing their NFTs soon with unique perks โข Brand new BLP pool live = higher max trades = more yield https://dune.com/defimochi/buffer-finance by @defi_mochi https://twitter.com/LouisCooper_/status/1603360341022629888
@HegicOptions $HEGIC A decentralized options protocol brought to my attention by @CryptoKaduna โข Much more trading volume with a smaller mcap than competitors like Dopex. โข Established protocol 2+ years โข Provide liquidity to receive yield, become the house https://twitter.com/CryptoKaduna/status/1607693933101957121
@traderjoe_xyz $JOE The #1 DEX on Avalanche, that just moved to Arbitrum, known for it's zero slippage trades. Going multi-chain put them on my radar to compete against upcoming DEXs like Camelot. 1m+ TVL in under a month on Arbitrum with steady growth. Learn more ๐ https://twitter.com/traderjoe_xyz/status/1609249218543091712
Competing with $JOE is @CamelotDEX $GRAIL. Native Arbitrum DEX with unique bribery layers. โข Amazing partnerships with virtually every top project on Arbitrum. โข Almost $4m raised โข Over 15m+ in Liquidity since launch https://twitter.com/LouisCooper_/status/1584922760173670400
@UmamiFinance $UMAMI Risk-hedged real yield with an emphasis on institutional money โข Goal of 1B TVL โข One of the first Arbitrum projects โข Vaults + portfolio coming โข Based tokenomics @teaandcrypto how this is possible. https://twitter.com/teaandcrypto/status/1600918947427020803
@nftperp $NFTX Longing NFTfi, nftperp is a perpetual DEX for NFTs. People want to speculate on NFTs, they're bringing it. โข Confirmed that's true with over 20m in volume ๐ โข Real yield from NFTs, wtf โข gives NFT traders leverage + less fees https://twitter.com/nftperp/status/1608923729849122819
@NFTYFinance $NFTY A liquidity solution for the NFT space, founded by @DigitalLawrence Aim is to allow borrowing / lending of NFTs through liquidity shops โข Real Yield component with 1% fee in $NFTY https://twitter.com/NFTYFinance/status/1555335113076101120
@berachain An EVM compatible L1 powered by PoL, meaning it's liquidity focused. So this is me being bullish on the ecosystem, not a particular project. Definitely will have it's season ๐ป Amazing breakdown ๐ https://twitter.com/0x_Umeshu/status/1608782611857707009
@UniDexFinance $UNIDX Claiming to be the 'meta-aggregator of everything in DeFi', Why settle for a single option, when you can decide from all of them? Too complex to explain in a single tweet, so I will release an in-depth thread on them shortly https://twitter.com/UniDexFinance/status/1608922527514132480
@riskydotlol $DICE $dice is an on-chain gambling protocol created by @SerecThunderson. I'm still bullish because they released their V2, which is trending towards providing users yield from the gambling if they stake their $dice. It's gambling in it's rawrest form.
@Treasure_DAO $MAGIC A decentralized gaming ecosystem, and the backbone of Arbitrum PFPs like Smols. Incredibly rich ecosystem which got listed on Binance and others late last year. I encourage you to checkout @smol_thots breakdown as he does it better than anyone I know https://twitter.com/smol_thots/status/1605009133974986753
@GetBlockWallet $BLANK. A competitive Web3 wallet with a super smooth UI. Been testing them out as a competitor to MM and have to say, first impressions are good. 50% Fees from in-wallet swaps & other activities are used to burn $BLANK. https://twitter.com/AltcoinFlipper_/status/1607727293513826304
@GMDprotocol $GMD Is a yield aggregator built on-top of @GMX_IO $GLP pool to provide real yield. Bullish because of their stability & innovation. See their announcement on $GNS vaults coming soon ๐ ๐ https://twitter.com/GMDprotocol/status/1609576370035728386
@GainsNetwork_io $GNS A perpetual DEX offering crypto, stocks and forex. Really great team that recently launched on Arbitrum ๐ Curious to see how they compete with $GMX now they're on the same chain. Expect a volume battle, that $GNS might win ๐ https://twitter.com/GainsNetwork_io/status/1609330146699272192
@chainlink $LINK A decentralized oracle network powering many of the projects I've mentioned above. Betting on any of those projects means betting on chainlink technology. https://twitter.com/TheDeFinvestor/status/1609154703887314944
I don't want to overload you, so that's where I'm stopping for now! I'll be releasing part 2 in a week or so from now, to give you time to digest and research the projects mentioned above ๐ค In the meantime, drop me ones that I should include next below โ