Blackhole did $22 BILLION in volume on AVALANCHE in its first 4 months
Now we're launching a new DEX on ETHEREUM
Introducing @SupernovaDEX (free for veBLACK holders)
Christmas came early
1οΈβ£ EulerDebt
Built by @SeaFi_vaults, EulerDebt is a peer-to-peer marketplace for the exchange of distressed Euler vault shares.
Debt sellers can receive liquidity on distressed loans, meanwhile, buyers get the opportunity to purchase debt at a potential discount.
Announcing eulerdebt.xyz - a secondary marketplace for @eulerfinance vault shares.
Depositors in @StreamDefi affected vaults face blocked withdrawals and low expected recovery.
EulerDebt was made to allow depositors to exit early by selling their vault shares at a discount.
Covenant is now live on @monad mainnet.
Covenant splits assets into
- Leverage tokens (high risk) providing 1-click looping,
- Yield tokens (lower risk) to lock-in rates, but remain liquid.
Covenant brings capital efficient credit markets to Monad, multiplying composable liquidity across DeFi.
More details below!
The beneficiaries of the internet were the aggregators like Google and Microsoft.
Great to see builders on @avax continue to innovate and ship out new DeFi use cases.
The team at @SeaFi_vaults has been offering OP yields vaults, and this move into Vault shares creates the vault economy on Avalanche. πΊ
Announcing eulerdebt.xyz - a secondary marketplace for @eulerfinance vault shares.
Depositors in @StreamDefi affected vaults face blocked withdrawals and low expected recovery.
EulerDebt was made to allow depositors to exit early by selling their vault shares at a discount.
Announcing eulerdebt.xyz - a secondary marketplace for @eulerfinance vault shares.
Depositors in @StreamDefi affected vaults face blocked withdrawals and low expected recovery.
EulerDebt was made to allow depositors to exit early by selling their vault shares at a discount.
we created a custom Staking Engine with @hypha_sh for users that uses $stAVAX to stake $AVAX
this engine finds the optimal yield across minipools, validators, MEV, and delegation
it also sets up the protocol to add more staking strategies as Avalanche grows!
I recommend depositing sooner than later
If you have $AVAX sitting idle there is almost zero reason to fade this
you will thank me later
Introducing Hypha's new Staking Engine: automatically earn the best yield on staked $AVAX
With Hypha your stake is routed across different strategies including:
Minipool Matching
MEV
Validators
Delegation
This optimizes your APY and maximizes Avalanche's network security
1/3
New week, new ATH. On July 17, Pharaoh crushed $113M in daily volume. πΊ
The last 7 days also brought:
β’ $AXD rewards live
β’ Bribes galore:
β’ @IntegrityDAO: $1,500 in $ID
β’ @Aesyx_Fi: $4,000 in $AVAX
β’ A banger livestream with @celey93 of @40acres_Finance
β¦And weβre only getting more bullish. How bout you?
A user mistakenly burned $112k attempting to make a Pulsechain transaction. All of the money went to an Ethereum L1 block builder instead after a glitch
They sent the block builder a note with a message asking for their funds back
This all means that onchain summer has begun