Thread🧵 Over the past weeks I’ve gathered data on 200+ small and upcoming DeFi protocols 🔎
Here are the top 20 projects with BIGGEST upside in the coming months 💎⚡️
(Some huge opportunities you can't miss out on 👀)
Here are the top 20 projects with BIGGEST upside in the coming months 💎⚡️
(Some huge opportunities you can't miss out on 👀)
Some things I kept mind when analyzing the protocols:
• The team
• The community
• Whether the protocol provides anything novel
• The tokenomics and value accrual to token holders
• Whether the protocol fit into a category with actual demand
Let's dive in👇
• The team
• The community
• Whether the protocol provides anything novel
• The tokenomics and value accrual to token holders
• Whether the protocol fit into a category with actual demand
Let's dive in👇
1️⃣ @GammaSwapLabs
Status: Not Launched
Token: $GS
GammaSwap is an oracle-free volatility DEX launching on Arbitrum.
Users can long volatility (gamma) by shorting LP pairs and earn the reward from impermanent loss. Read more here:
Status: Not Launched
Token: $GS
GammaSwap is an oracle-free volatility DEX launching on Arbitrum.
Users can long volatility (gamma) by shorting LP pairs and earn the reward from impermanent loss. Read more here:
2️⃣ @nftperp
• In Private Beta
Token: $NFTP
The protocol allows for perpetual trading of NFT's on Arbitrum. Imagine GMX trading but with NFTs instead and some of the cleanest UI/UX across the entire DeFi space.
Their token $NFTP will be airdropped to traders of the protocol.
• In Private Beta
Token: $NFTP
The protocol allows for perpetual trading of NFT's on Arbitrum. Imagine GMX trading but with NFTs instead and some of the cleanest UI/UX across the entire DeFi space.
Their token $NFTP will be airdropped to traders of the protocol.
3️⃣ @UmamiFinance
• Launched
Token: $UMAMI ($28m MC)
Umami's delta neutral GLP vault is getting closer.
The protocol is far more however. With a very skilled team and solid tokenomics, Umami aims to deliver institutional grade defi yields.
• Launched
Token: $UMAMI ($28m MC)
Umami's delta neutral GLP vault is getting closer.
The protocol is far more however. With a very skilled team and solid tokenomics, Umami aims to deliver institutional grade defi yields.
4️⃣ @orbitaldex
• Not Launched
Orbital is developed by the teams behind @PlutusDAO_io and @dopex_io and will integrate with both of these protocols.
There's a lot of competition between native Arbitrum DEXs but these teams have a strong track record in the space.
• Not Launched
Orbital is developed by the teams behind @PlutusDAO_io and @dopex_io and will integrate with both of these protocols.
There's a lot of competition between native Arbitrum DEXs but these teams have a strong track record in the space.
5️⃣ @ConicFinance
• Not Launched
Token: $CNC ($27m MC)
Conic Finance is introducing 'omnipools' to @CurveFinance that spreads out user liquidity across different pools to maximize APR.
Launch is around the corner. Read about the flywheel mechanics👇
• Not Launched
Token: $CNC ($27m MC)
Conic Finance is introducing 'omnipools' to @CurveFinance that spreads out user liquidity across different pools to maximize APR.
Launch is around the corner. Read about the flywheel mechanics👇
6️⃣ @VendorFi
• Launched
No token yet
Vendor is a permissionless lending/borrowing platform with the ability to create and set your own terms for the loan with no liquidation.
It's still in beta but there are a lots of use cases. Current include $UMAMI, $plvGLP and more.
• Launched
No token yet
Vendor is a permissionless lending/borrowing platform with the ability to create and set your own terms for the loan with no liquidation.
It's still in beta but there are a lots of use cases. Current include $UMAMI, $plvGLP and more.
7️⃣ @OndoFinance
• Not launched
Token: $ONDO
Ondo finance brings US Treasury bills, coorporate bonds from Blackrock & Pimco and more on-chain.
Their mission is to make institutional-grade financial products and services available to everyone across the globe.
• Not launched
Token: $ONDO
Ondo finance brings US Treasury bills, coorporate bonds from Blackrock & Pimco and more on-chain.
Their mission is to make institutional-grade financial products and services available to everyone across the globe.
8️⃣ @FluxDeFi
• Not Launched
Token: $ONDO
Flux is a Compound V2 fork built by the @OndoFinance team.
It's a decentralized lending protocol integrating both crypto assets like $DAI but also RWAs like the tokenised US treasury bonds from Ondo Finance.
• Not Launched
Token: $ONDO
Flux is a Compound V2 fork built by the @OndoFinance team.
It's a decentralized lending protocol integrating both crypto assets like $DAI but also RWAs like the tokenised US treasury bonds from Ondo Finance.
9️⃣ @Scroll_ZKP
• Not Launched
Scroll is building a type 2 zkEVM which in essence is a scaling solution built on top of Ethereum utilizing zero-knowledge proofs while being EVM-equivalent.
Mainnet is scheduled for later this year.
• Not Launched
Scroll is building a type 2 zkEVM which in essence is a scaling solution built on top of Ethereum utilizing zero-knowledge proofs while being EVM-equivalent.
Mainnet is scheduled for later this year.
🔟 @Buffer_Finance
• Launched
Token: $BFR ($8m MC)
Buffer Finance is a decentralized exotic options trading platform with GMX type tokenomics (real yield distribution).
In a short time frame (5m-4h), users bet on the price being either above or below a target at expiration.
• Launched
Token: $BFR ($8m MC)
Buffer Finance is a decentralized exotic options trading platform with GMX type tokenomics (real yield distribution).
In a short time frame (5m-4h), users bet on the price being either above or below a target at expiration.
1️⃣1️⃣ @official_CVI
• Launched
Token: $GOVI ($7.4m MC)
$CVOL: pegged to the CVI - the crypto volatility index that lets you speculate on volatility
$GOVI: Native governance token that accrues real yield from fees.
Read about the mechanisms here👇
• Launched
Token: $GOVI ($7.4m MC)
$CVOL: pegged to the CVI - the crypto volatility index that lets you speculate on volatility
$GOVI: Native governance token that accrues real yield from fees.
Read about the mechanisms here👇
1️⃣2️⃣ @FactorDAO
• Launching Feb 20th
Token $FCTR (public sale same day)
FactorDAO is an upcoming 'decentralized asset management project'.
Creators build custom strategies (lending, derivatives & more) which users can provide capital to. Read more👇
• Launching Feb 20th
Token $FCTR (public sale same day)
FactorDAO is an upcoming 'decentralized asset management project'.
Creators build custom strategies (lending, derivatives & more) which users can provide capital to. Read more👇
1️⃣3️⃣ @pendle_fi
• Launched V2 recently
Token: $PENDLE ($8m MC)
• Offers some of the highest yields on pairs like rETH/ETH by splitting up tokens into principal and yield
• vePENDLE for increased yield
• 'DeFi Lite' dashboard to attract retail users
• Launched V2 recently
Token: $PENDLE ($8m MC)
• Offers some of the highest yields on pairs like rETH/ETH by splitting up tokens into principal and yield
• vePENDLE for increased yield
• 'DeFi Lite' dashboard to attract retail users
1️⃣4️⃣ @mars_protocol
• V2 Launch scheduled for Jan 31st
Token: $MARS
Mars protocol is an overcollateralized & contract-to-contract lending protocol launching their own app-chain on Cosmos very soon.
Previous $MARS holders are eligible for an airdrop of the new $MARS token.
• V2 Launch scheduled for Jan 31st
Token: $MARS
Mars protocol is an overcollateralized & contract-to-contract lending protocol launching their own app-chain on Cosmos very soon.
Previous $MARS holders are eligible for an airdrop of the new $MARS token.
1️⃣5️⃣ @Panoptic_xyz
• Not Launched
Panoptic is building a perpetual, oracle-free options protocol by utilizing UNIV3 concentrated liquidity pools.
Decentralized options have a lot of potential by integrating with current DeFi infrastructure and this an exciting approach.
• Not Launched
Panoptic is building a perpetual, oracle-free options protocol by utilizing UNIV3 concentrated liquidity pools.
Decentralized options have a lot of potential by integrating with current DeFi infrastructure and this an exciting approach.
1️⃣6️⃣ @ArchimedesFi
• Not Launched
Token: $ARCH
Archimedes introduces leveraged positions on decentralized stablecoins like $OUSD $LUSD, $sUSD with the intention of delivering an attractive stablecoin yield.
These leveraged positions will further be tradable as NFT's.
• Not Launched
Token: $ARCH
Archimedes introduces leveraged positions on decentralized stablecoins like $OUSD $LUSD, $sUSD with the intention of delivering an attractive stablecoin yield.
These leveraged positions will further be tradable as NFT's.
1️⃣7️⃣ @GMDprotocol
• Launched
Token: $GMD ($2.8m MC)
GMD is building auto compounding vaults on top of Arbitrum protocols. Current vaults include pseudo-delta neutral GLP vaults and a $BFR USDC vault.
Vaults are in high demand and revenue is distributed to $GMD stakers.
• Launched
Token: $GMD ($2.8m MC)
GMD is building auto compounding vaults on top of Arbitrum protocols. Current vaults include pseudo-delta neutral GLP vaults and a $BFR USDC vault.
Vaults are in high demand and revenue is distributed to $GMD stakers.
1️⃣8️⃣ @STFX_IO
• Launched
Token: $STFX (Raised $6m in public sale + several large backers)
STFX has developed a social trading platform with individual trades being represented as a vault that users can invest in if they have faith in the trade/trader.
• Launched
Token: $STFX (Raised $6m in public sale + several large backers)
STFX has developed a social trading platform with individual trades being represented as a vault that users can invest in if they have faith in the trade/trader.
1️⃣9️⃣ @y2kfinance
• Launched
Token: $Y2K ($900k MC)
Y2K is a protocol on Arbitrum incubated by @neworderDAO that lets users speculate on stablecoin pegs.
You can either bet on a stablecoin not depegging or hedge your exposure by buying 'insurance'.
• Launched
Token: $Y2K ($900k MC)
Y2K is a protocol on Arbitrum incubated by @neworderDAO that lets users speculate on stablecoin pegs.
You can either bet on a stablecoin not depegging or hedge your exposure by buying 'insurance'.
2️⃣0️⃣ @GammaStrategies
• Launched
Token: $GAMMA ($4m MC)
Gamma Strategies is a cross chain automated concentrated liquidity pool manager.
They automate UNIV3 strategies for higher yield by rebalancing positions and reinvesting fees.
• Launched
Token: $GAMMA ($4m MC)
Gamma Strategies is a cross chain automated concentrated liquidity pool manager.
They automate UNIV3 strategies for higher yield by rebalancing positions and reinvesting fees.
That's it! Those are 20 smaller projects I am keeping a close eye on in the coming months.
Please be aware of the increased risks with small MC tokens and unreleased protocols. This is not financial advice.
Please be aware of the increased risks with small MC tokens and unreleased protocols. This is not financial advice.
If you enjoyed the thread please like and retweet the first post⚡️
I'll be covering several of these more in depth in the weeks to come so make sure to follow me (@ThorHartvigsen) for more info 🤝
I'll be covering several of these more in depth in the weeks to come so make sure to follow me (@ThorHartvigsen) for more info 🤝
Back to studying for my exam on Friday🫡
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