By community request, please enjoy our tl;dr for Aavegotchi ($GHST).
https://cryptocalibur.com/cryptocalibur-tldr-ghst/
https://cryptocalibur.com/cryptocalibur-tldr-ghst/
CryptoCalibur
CryptoCalibur -- TL;DR Series -- Aavegotchi ($GHST) | CryptoCalibur %
CryptoCalibur -- TL;DR SeriesAavegotchi ($GHST)So you've heard about GHST, and it sounds pretty cool!But it's maybe a little complex, hard to get your head around?
What is your heaviest bag at the moment comprised of?
Anonymous Poll
31%
Bitcoin/Ethereum
60%
Altcoins
9%
Stablescoins
NEW ARTICLE - The Bull Case for Arweave
Wonder why we like Arweave so much?!
🔥 It offers an affordable and sustainable solution for the next 100 years
🔥 No limitations of gas costs and scalability issues
🔥 Value that gets created by the users is returned to them as a share in future profits from the usage of the platform as a whole
https://cryptocalibur.com/arweave-bull-case/
Wonder why we like Arweave so much?!
🔥 It offers an affordable and sustainable solution for the next 100 years
🔥 No limitations of gas costs and scalability issues
🔥 Value that gets created by the users is returned to them as a share in future profits from the usage of the platform as a whole
https://cryptocalibur.com/arweave-bull-case/
Upcoming ask me anything session with CryptoLocally (GIV)!
🔥Just today GIV closed 30x oversubscribed pre-sale led by Alameda Research, IOSG Ventures, NGC Ventures, Genesis Block, 3Commas, Smile Research, and One Block Capital🔥
📃 Website
📃 CryptoLocally Telegram
⏰ The AMA will take place on September 25th, 2020 from 16:00 to 17:00 UTC in our Chat Room.
-----------------------------------------------
CryptoLocally is a leading peer-to-peer (P2P) crypto marketplace with a rapidly growing user base (15,000+). It is a one-step gateway between all local fiat currencies and cryptocurrencies.
GIV will build DeFi ecosystem on top of P2P cryptocurrency exchange for our users.
🔸 A unique DeFi ecosystem on top of P2P cryptocurrency exchange.
🔸 An increase in yield based on risk tolerance and strategy through integration of yield aggregators
🔸 GIV staking rewards added to your total potential APY
-----------------------------------------------
The AMA will take place in our Chat Room: @cryptocaliburchat
🔥Just today GIV closed 30x oversubscribed pre-sale led by Alameda Research, IOSG Ventures, NGC Ventures, Genesis Block, 3Commas, Smile Research, and One Block Capital🔥
📃 Website
📃 CryptoLocally Telegram
⏰ The AMA will take place on September 25th, 2020 from 16:00 to 17:00 UTC in our Chat Room.
-----------------------------------------------
CryptoLocally is a leading peer-to-peer (P2P) crypto marketplace with a rapidly growing user base (15,000+). It is a one-step gateway between all local fiat currencies and cryptocurrencies.
GIV will build DeFi ecosystem on top of P2P cryptocurrency exchange for our users.
🔸 A unique DeFi ecosystem on top of P2P cryptocurrency exchange.
🔸 An increase in yield based on risk tolerance and strategy through integration of yield aggregators
🔸 GIV staking rewards added to your total potential APY
-----------------------------------------------
The AMA will take place in our Chat Room: @cryptocaliburchat
Upcoming ask me anything session with Autonio Foundation!
📃 Website
📃 Autonio Telegram
⏰ The AMA will take place on October 1st, 2020 from 19:00 to 20:00 UTC in our Chat Room.
-----------------------------------------------
The Autonio Foundation is a decentralized autonomous organization with the mission to build a prosperous community around algorithmic trading. Autonio's toolkit is making it easier for crypto traders to conduct trading analysis, deploy trading algorithms, exchange crypto currencies, sell their strategies and pool funds for trading purposes. These tools and services provide an infrastructure that enables developers to build and users to employ powerful auto trading tools to navigate the DeFi ecosystem with security, profitability and ease.
👀 Low cap
👀 DeFi project since 2017
👀 Market maker plugged into the Layer 2 DEX that Loopring is building
-----------------------------------------------
The AMA will take place in our Chat Room: @cryptocaliburchat
📃 Website
📃 Autonio Telegram
⏰ The AMA will take place on October 1st, 2020 from 19:00 to 20:00 UTC in our Chat Room.
-----------------------------------------------
The Autonio Foundation is a decentralized autonomous organization with the mission to build a prosperous community around algorithmic trading. Autonio's toolkit is making it easier for crypto traders to conduct trading analysis, deploy trading algorithms, exchange crypto currencies, sell their strategies and pool funds for trading purposes. These tools and services provide an infrastructure that enables developers to build and users to employ powerful auto trading tools to navigate the DeFi ecosystem with security, profitability and ease.
👀 Low cap
👀 DeFi project since 2017
👀 Market maker plugged into the Layer 2 DEX that Loopring is building
-----------------------------------------------
The AMA will take place in our Chat Room: @cryptocaliburchat
!! Reminder !!
AMA with Autonio Foundation will begin in approximately 2 hours. Don't be a pleb and join the discussion.
AMA with Autonio Foundation will begin in approximately 2 hours. Don't be a pleb and join the discussion.
Please enjoy the October 2020 update on the CryptoCalibur Team Picks.
We added 1 new pick in August, to go with the 9 we were already following.
A lot has changed in the last month.
Bull market turns bearish!
Let's take a look at how it all shook out in the charts.
—--
https://cryptocalibur.com/october2020_teampicks/
We added 1 new pick in August, to go with the 9 we were already following.
A lot has changed in the last month.
Bull market turns bearish!
Let's take a look at how it all shook out in the charts.
—--
https://cryptocalibur.com/october2020_teampicks/
CryptoCalibur
CryptoCalibur Team Picks - October 2020 TA View | CryptoCalibur
Ok, we all know it at this point, but crypto is manic. :) We ended August with a raging Bull Market, especially in DeFi, and now we enter October with a complete change of personality – rekt DeFi charts are the rule now, not the exception.
CryptoCalibur Team Pick Update
AKRO Fundamental Probation Strategy
——-
Everyone, we are setting up a strategy on one of our Team Picks, with an exit possibility.
Please read more at the link below:
https://cryptocalibur.com/cryptocalibur-team-pick-update-akropolis/
AKRO Fundamental Probation Strategy
——-
Everyone, we are setting up a strategy on one of our Team Picks, with an exit possibility.
Please read more at the link below:
https://cryptocalibur.com/cryptocalibur-team-pick-update-akropolis/
CryptoCalibur
CryptoCalibur Team Pick Update -- AKRO Fundamental Probation Strategy | CryptoCalibur
Well, we're back after just 3 days with an update. Following internal discussion, we've decided that the fundamental issues with Akropolis ($AKRO) require an exit/hold strategy.
Upcoming ask me anything session with OpenDAO!
📃 Website
📃 OpenDAO Telegram
⏰ The AMA will take place on October 7th, 2020 from 12:00 to 13:00 UTC in our Chat Room.
-----------------------------------------------
OpenDAO is more than just a DeFi project - it is a community, an opportunity, and a bridge. OpenDAO is the first project to create a stablecoin that fulfills the 5 pillars of sound currency, and be fully backed by real world assets including real estate, stocks, and cryptocurrencies with more to come.
✅ Tokenised over $4M of Real Estate POC back in Q2 2019
✅ OPM Mainnet with Liquidity Pool Collateral released in Q2 2020
🔥 Readily clients on 'real world' side via Konkrete.io successful business of tokenizing real world assets for over 4 years
🔥 Low cap project with an initial market cap of $720k
-----------------------------------------------
The AMA will take place in our Chat Room: @cryptocaliburchat
📃 Website
📃 OpenDAO Telegram
⏰ The AMA will take place on October 7th, 2020 from 12:00 to 13:00 UTC in our Chat Room.
-----------------------------------------------
OpenDAO is more than just a DeFi project - it is a community, an opportunity, and a bridge. OpenDAO is the first project to create a stablecoin that fulfills the 5 pillars of sound currency, and be fully backed by real world assets including real estate, stocks, and cryptocurrencies with more to come.
✅ Tokenised over $4M of Real Estate POC back in Q2 2019
✅ OPM Mainnet with Liquidity Pool Collateral released in Q2 2020
🔥 Readily clients on 'real world' side via Konkrete.io successful business of tokenizing real world assets for over 4 years
🔥 Low cap project with an initial market cap of $720k
-----------------------------------------------
The AMA will take place in our Chat Room: @cryptocaliburchat
📈 Velo In-Depth Review & Rating is live!
▶️ Read the full review at the following link:
https://cryptocalibur.com/portfolio-item/velo-review/
✅ Review Rating ✅
Product | 85%
Use of Blockchain | 95%
Documentation | 85%
Development Roadmap | 85%
Business Model | 85%
Company & Team | 95%
Final Rating | 88% (#1 on Top 10 List) 🤩
When trying to assess Velo it’s probably best to start off with the reality that many of the project’s key objectives have already been attempted by other projects. The remittance market has already been targeted by projects such as Ripple, OmiseGO, Everex, and the IBM World Wire initiative meaning that Velo is stepping into an area that is already filled with many competing projects.
However, these projects have struggled to gain significant traction in disrupting the global payments sector so the Velo team are still on time with their core goals. The project’s executive team and commercial partners should go a long way to ensure that Velo is successful in disrupting a market sector that has so far been able to resist other blockchain based payments processors.
Velo has the backing of the CP Group which is the largest private company in Thailand, is the sole operator of 7-Eleven convenience stores in Thailand, and reported revenues of around $63 billion in 2018. Seven Bank is a subsidiary of Seven & I Holdings Co., Ltd., and owns all the 7–Eleven convenience stores in Japan and close to 70,000 stores worldwide. This represents a huge commercial network and the potential for integrating Velo payments terminals at these locations could be a game changer.
Read more on our website!
▶️ Read the full review at the following link:
https://cryptocalibur.com/portfolio-item/velo-review/
✅ Review Rating ✅
Product | 85%
Use of Blockchain | 95%
Documentation | 85%
Development Roadmap | 85%
Business Model | 85%
Company & Team | 95%
Final Rating | 88% (#1 on Top 10 List) 🤩
When trying to assess Velo it’s probably best to start off with the reality that many of the project’s key objectives have already been attempted by other projects. The remittance market has already been targeted by projects such as Ripple, OmiseGO, Everex, and the IBM World Wire initiative meaning that Velo is stepping into an area that is already filled with many competing projects.
However, these projects have struggled to gain significant traction in disrupting the global payments sector so the Velo team are still on time with their core goals. The project’s executive team and commercial partners should go a long way to ensure that Velo is successful in disrupting a market sector that has so far been able to resist other blockchain based payments processors.
Velo has the backing of the CP Group which is the largest private company in Thailand, is the sole operator of 7-Eleven convenience stores in Thailand, and reported revenues of around $63 billion in 2018. Seven Bank is a subsidiary of Seven & I Holdings Co., Ltd., and owns all the 7–Eleven convenience stores in Japan and close to 70,000 stores worldwide. This represents a huge commercial network and the potential for integrating Velo payments terminals at these locations could be a game changer.
Read more on our website!
----
CryptoCalibur Team Pick - New Selection!
-----
The Graph ($GRT)
https://thegraph.com/
--
The CryptoCalibur team has been following The Graph for some months, and are now adding this one-of-a-kind project to our Team Picks. We believe this will be one of the more successful projects in the space, with a great chance to establish itself as a permanent protocol.
The Graph is an indexing protocol for querying networks like Ethereum and IPFS. Anyone can build and publish open APIs, called subgraphs, making data easily accessible and dApp ready. Learn more about this complex and powerful solution here: https://thegraph.com/blog/the-graph-grt-token-economics
Interested in the token sale?
We are pleased to announce that our readers are still very early, but time is short. Registration is available until October 15th here: https://thegraph.com/blog/announcing-the-graphs-grt-sale
CryptoCalibur Team Pick - New Selection!
-----
The Graph ($GRT)
https://thegraph.com/
--
The CryptoCalibur team has been following The Graph for some months, and are now adding this one-of-a-kind project to our Team Picks. We believe this will be one of the more successful projects in the space, with a great chance to establish itself as a permanent protocol.
The Graph is an indexing protocol for querying networks like Ethereum and IPFS. Anyone can build and publish open APIs, called subgraphs, making data easily accessible and dApp ready. Learn more about this complex and powerful solution here: https://thegraph.com/blog/the-graph-grt-token-economics
Interested in the token sale?
We are pleased to announce that our readers are still very early, but time is short. Registration is available until October 15th here: https://thegraph.com/blog/announcing-the-graphs-grt-sale
The Graph
The Graph is an indexing protocol for organizing blockchain data and making it easily accessible with GraphQL.
Hi Everyone.
Please enjoy our CryptoCalibur Team Pick November 2020 TA Update.
Story of the month?
Attention turns to BTC, alts take a break. 😊
——-
https://cryptocalibur.com/cryptocalibur-team-picks-november-2020-ta-view/
Please enjoy our CryptoCalibur Team Pick November 2020 TA Update.
Story of the month?
Attention turns to BTC, alts take a break. 😊
——-
https://cryptocalibur.com/cryptocalibur-team-picks-november-2020-ta-view/
CryptoCalibur
CryptoCalibur Team Picks - November 2020 TA View | CryptoCalibur
The story of October was, without a doubt, a shift of attention from altcoins back to the Grandaddy of all crypto - Bitcoin. The normally lower volatility BTC woke up on some big fundamental news from more than a couple places, and gained 28%. It ended the…
Hi Everyone.
Please enjoy our CryptoCalibur Team Pick December 2020 TA Update.
—-
Story of the month?
Same as last month!
King BTC dominates. 👑
alts (mostly) on a break.😴
But it's been healthy action in those alts, the consolidation appears to be heading toward more positive days ahead.🚀
——-
https://cryptocalibur.com/cryptocalibur-team-picks-december-2020-ta-view-2/
Please enjoy our CryptoCalibur Team Pick December 2020 TA Update.
—-
Story of the month?
Same as last month!
King BTC dominates. 👑
alts (mostly) on a break.😴
But it's been healthy action in those alts, the consolidation appears to be heading toward more positive days ahead.🚀
——-
https://cryptocalibur.com/cryptocalibur-team-picks-december-2020-ta-view-2/
CryptoCalibur
CryptoCalibur Team Picks - December 2020 TA View | CryptoCalibur
The story of November was the same as October - Bitcoin garners nearly all the attention in the space right now, and as I type this it is touching on a new all time high. Will it break and run, or crash like the last time it visited $20,000? Only time will…
Hi Everyone.
We welcome each of you to a new calendar year with an update on the CryptoCalibur Team Picks.
Enjoy!
—-
https://cryptocalibur.com/cryptocalibur-team-picks-january2021-ta-view/
We welcome each of you to a new calendar year with an update on the CryptoCalibur Team Picks.
Enjoy!
—-
https://cryptocalibur.com/cryptocalibur-team-picks-january2021-ta-view/
CryptoCalibur
CryptoCalibur Team Picks - January 2021 TA View | CryptoCalibur
The story of November, October, December, and January so far remains the same -- Bitcoin! Like a broken record, it just ticks higher and today is testing above 32,000 - only 18 days after breaking 20,000. Incredible. Yet it still seems to be nearly entirely…
🔴 NEW PROJECT ON OUR RADAR 🔴
CryptoCalibur Interest Level: 🤔 Potentially High 🤔
https://beta.charm.fi/
Listing: TBA
A protocol that creates liquidity for decentralized options. At its core, Charm is an Automatic Market Maker (AMM) that can create liquid options on the blockchain. An AMM is a robot that's constantly willing to quote the user a price between two assets. Uniswap, Curve, Balancer and others all use AMMs at their core. Not only can you trade trustlessly using an AMM, but you can also become the house by providing liqudity to a liquidity pool. Charm has invented a novel model for options creation, pricing, trading, and settlement. This new AMM can offer cheap options and higher profits for traders, while simultaneously lowering the risk for liquidity providers (LPs). To gain further insight into Charm’s AMM we recommend you read the article the published (https://medium.com/charmfinance/how-does-charm-work-e6ce48beabe6v).
Token Utility (ERC20)
▪️ Governance token, to be released soon after Mainnet launch. More details to be announced.
Future Growth
▪️ Staking and reward mechanism implemented in their code for their future governance token.
▪️ Charm can offer an unlimited supply of options as it does not rely on writers to create options.
▪️ Charm's options architecture specialises in providing cheap options and higher profits for traders, and safer yields for LPs.
▪️ Platform can support options with differet underlying.
▪️ Users can eventually create their own options pools and markets.
What We Like
✅ Team aims to launch soon on mainnet and are self funded so far.
✅ Charm does not have margin calls, liquidations, or charge daily fees for holding a position.
✅ Charm Finance uses a novel architecture that can provide cheap options and low LP risk. Current solution either provide (1) cheaper options with higher risk or (2) expensive opttions with low LP risk.
✅ Dynamic pricing of options based on supply and demand, leading to cheaper options.
✅ Options at Charm have more value, because they can be traded as well as exercised; which means traders can profit from changes in the price of the underlying, as well as changes in volatility.
✅ Options at Charm are cash-settled and all payoffs will be realised automatically and held by the smart contract on settlement date, ready for users to collect at any time. This is in contrast to other protocols, where users can lose all their profits if they forget to exercise their options.
✅ Transparent and ethical devs. "To protect our users, we have decided to roll out our option markets gradually, gather feedback, and thoroughly test the smallest details before introducing them to the public."
✅ Charm Finance is unaudited, and will launch on mainnet with a TVL cap in order to protect user funds. The cap will be gradually lifted as more security enhancments (e.g. audit, insurance etc..) are put in place.
This is not sponsored nor paid content. If we find a relatively under the radar project that we believe has potential we post about it.
CryptoCalibur Interest Level: 🤔 Potentially High 🤔
https://beta.charm.fi/
Listing: TBA
A protocol that creates liquidity for decentralized options. At its core, Charm is an Automatic Market Maker (AMM) that can create liquid options on the blockchain. An AMM is a robot that's constantly willing to quote the user a price between two assets. Uniswap, Curve, Balancer and others all use AMMs at their core. Not only can you trade trustlessly using an AMM, but you can also become the house by providing liqudity to a liquidity pool. Charm has invented a novel model for options creation, pricing, trading, and settlement. This new AMM can offer cheap options and higher profits for traders, while simultaneously lowering the risk for liquidity providers (LPs). To gain further insight into Charm’s AMM we recommend you read the article the published (https://medium.com/charmfinance/how-does-charm-work-e6ce48beabe6v).
Token Utility (ERC20)
▪️ Governance token, to be released soon after Mainnet launch. More details to be announced.
Future Growth
▪️ Staking and reward mechanism implemented in their code for their future governance token.
▪️ Charm can offer an unlimited supply of options as it does not rely on writers to create options.
▪️ Charm's options architecture specialises in providing cheap options and higher profits for traders, and safer yields for LPs.
▪️ Platform can support options with differet underlying.
▪️ Users can eventually create their own options pools and markets.
What We Like
✅ Team aims to launch soon on mainnet and are self funded so far.
✅ Charm does not have margin calls, liquidations, or charge daily fees for holding a position.
✅ Charm Finance uses a novel architecture that can provide cheap options and low LP risk. Current solution either provide (1) cheaper options with higher risk or (2) expensive opttions with low LP risk.
✅ Dynamic pricing of options based on supply and demand, leading to cheaper options.
✅ Options at Charm have more value, because they can be traded as well as exercised; which means traders can profit from changes in the price of the underlying, as well as changes in volatility.
✅ Options at Charm are cash-settled and all payoffs will be realised automatically and held by the smart contract on settlement date, ready for users to collect at any time. This is in contrast to other protocols, where users can lose all their profits if they forget to exercise their options.
✅ Transparent and ethical devs. "To protect our users, we have decided to roll out our option markets gradually, gather feedback, and thoroughly test the smallest details before introducing them to the public."
✅ Charm Finance is unaudited, and will launch on mainnet with a TVL cap in order to protect user funds. The cap will be gradually lifted as more security enhancments (e.g. audit, insurance etc..) are put in place.
This is not sponsored nor paid content. If we find a relatively under the radar project that we believe has potential we post about it.
🗞 Cryptocurrency Weekly News | January 24th, 2020 🗞
Greetings everyone, and welcome to the Technical Analysis section of our newly re-established Newsletter. The purpose of this weekly section will be mostly to take a quick look at the short-term trend of Bitcoin ($BTC) but occasionally may feature some other crypto chart as something interesting takes place along our journey.
But with that said, this first entry will be more of a long form discussion to set the table. A short-term analysis is best considered within the context of a larger timeframe thesis, so let’s get that established. Read more and view the technical charts.
Highlights of The Week
📉 On-chain analysts identify more whales have been buying Bitcoin dips
🍆 Pornhub adds XRP, BNB, USDC, and DOGE to its payment options
🙃 Bitcoin ‘Double Spend’ that never happened panics firm into selling all its BTC
💰 MicroStrategy CEO claims to have “thousands” of executives interested in Bitcoin
☑️ Biden’s pick for Treasury Secretary says U.S. should encourage legitimate uses of Bitcoin and crypto
💪 More Than $3 Billion of Ethereum is locked in ETH 2.0
Bitcoin Sets the Pace for 2021
As we move through the first month of the year Bitcoin is already setting a relentless pace that most digital assets will struggle to keep up with. However, we are not talking strictly in terms of price appreciation but more in terms of corporate and institutional adoption.
Firstly, last week brought the news that long term Bitcoin investors Grayscale have added an additional 8,700 Bitcoin to their Grayscale Bitcoin Trust (GBTC) which provides more traditional investors with exposure to Bitcoin. As a result, the Trust now retains a value in excess of $20B, and this news was followed by the revelation that Skybridge Capital’s Bitcoin Fund has already grown to reach approximately $360M in value.
The Fund was officially launched on January 4, 2021 after the investment advisory firm made Bitcoin purchases over the final two months of 2020, and further highlights the significant progression being made with regards to institutional financial houses incorporating Bitcoin into their portfolios. Read more.
Greetings everyone, and welcome to the Technical Analysis section of our newly re-established Newsletter. The purpose of this weekly section will be mostly to take a quick look at the short-term trend of Bitcoin ($BTC) but occasionally may feature some other crypto chart as something interesting takes place along our journey.
But with that said, this first entry will be more of a long form discussion to set the table. A short-term analysis is best considered within the context of a larger timeframe thesis, so let’s get that established. Read more and view the technical charts.
Highlights of The Week
📉 On-chain analysts identify more whales have been buying Bitcoin dips
🍆 Pornhub adds XRP, BNB, USDC, and DOGE to its payment options
🙃 Bitcoin ‘Double Spend’ that never happened panics firm into selling all its BTC
💰 MicroStrategy CEO claims to have “thousands” of executives interested in Bitcoin
☑️ Biden’s pick for Treasury Secretary says U.S. should encourage legitimate uses of Bitcoin and crypto
💪 More Than $3 Billion of Ethereum is locked in ETH 2.0
Bitcoin Sets the Pace for 2021
As we move through the first month of the year Bitcoin is already setting a relentless pace that most digital assets will struggle to keep up with. However, we are not talking strictly in terms of price appreciation but more in terms of corporate and institutional adoption.
Firstly, last week brought the news that long term Bitcoin investors Grayscale have added an additional 8,700 Bitcoin to their Grayscale Bitcoin Trust (GBTC) which provides more traditional investors with exposure to Bitcoin. As a result, the Trust now retains a value in excess of $20B, and this news was followed by the revelation that Skybridge Capital’s Bitcoin Fund has already grown to reach approximately $360M in value.
The Fund was officially launched on January 4, 2021 after the investment advisory firm made Bitcoin purchases over the final two months of 2020, and further highlights the significant progression being made with regards to institutional financial houses incorporating Bitcoin into their portfolios. Read more.
CryptoCalibur
Cryptocurrency Weekly News | Jan. 24th, 2021 | CryptoCalibur
Stay on top of your game through our weekly news and cryptocurrency market analysis —
The first Bounce Certified Sale is coming soon. Stay tuned!
Designated for high quality institutional backed projects.
https://twitter.com/bounce_finance/status/1353840741181661189?s=21
Designated for high quality institutional backed projects.
https://twitter.com/bounce_finance/status/1353840741181661189?s=21
Twitter
Bounce
The first Bounce Certified Sale is coming soon. Stay tuned! Designated for high quality institutional backed projects. Hint: Oracle, DeFi, Polkadot 👀
An approximate introduction to how zk-SNARKs are possible 🧠
https://vitalik.ca/general/2021/01/26/snarks.html
https://vitalik.ca/general/2021/01/26/snarks.html
dYdX Closes $10M Series B Investment!
The round was led by Three Arrows Capital and DeFiance Capital.
Some impressive numbers about dYdX:
⚫️ Total cumulative trade volume across Perpetuals, Margin, and Spot trading increased 40x, reaching $2.5 billion in 2020, up from $63 million in 2019.
⚫️ Margin / Spot Trade Volume: $1.9 billion in 2020, up from $63 million in 2019.
⚫️ Perpetuals Volume Trade Volume: $563M since the new protocol was launched in April 2020.
⚫️ Volumes on our perpetual contracts grew as a percentage of total trading volume, accounting for 41% of total trading volume in December.
⚫️ 2020 Loan Originations: $17.4+ billion from dYdX lending pools.
⚫️ User Growth: unique wallets depositing funds into dYdX’s smart contracts increased by 4.8x from 8,000 wallets to 38,588 wallets through December 31.
⚫️ 6 new team members across Engineering, Design, & Growth.
The round was led by Three Arrows Capital and DeFiance Capital.
Some impressive numbers about dYdX:
⚫️ Total cumulative trade volume across Perpetuals, Margin, and Spot trading increased 40x, reaching $2.5 billion in 2020, up from $63 million in 2019.
⚫️ Margin / Spot Trade Volume: $1.9 billion in 2020, up from $63 million in 2019.
⚫️ Perpetuals Volume Trade Volume: $563M since the new protocol was launched in April 2020.
⚫️ Volumes on our perpetual contracts grew as a percentage of total trading volume, accounting for 41% of total trading volume in December.
⚫️ 2020 Loan Originations: $17.4+ billion from dYdX lending pools.
⚫️ User Growth: unique wallets depositing funds into dYdX’s smart contracts increased by 4.8x from 8,000 wallets to 38,588 wallets through December 31.
⚫️ 6 new team members across Engineering, Design, & Growth.
The Integral
dYdX Closes $10M Series B Investment
We’re excited to announce that dYdX has raised a $10M Series B round led by Three Arrows Capital and DeFiance Capital!