People had been sleeping on Arbitrum $ARB @arbitrum again
But don't make that mistake anon
$ARB's $2.5B TVL means it's still the premier DeFi eco
Hence I give you today TOP 8 UNIQUE Arbitrum DeFi projects and their bullish catalysts 🐂🌕 🧵
1/ $GMX @GMX_IO
$GMX is the blue-chip Arbitrum deriv platform w/ $500M TVL and vol
The pioneer in #RealYield w/ $GLP rev sharing
Upcoming catalyst: GMX v2 testnet in 2 weeks + synthetics trading could open up fresh trading pairs - more volume + renewed narrative
2/ $RDNT @RDNTCapital
RDNT is a cross-chain lending market supported by LayerZero
Bullish catalysts: LRZ narrative, more assets + chains esp. ETH support could skyrocket w/ $LDO $CRV
Read my thread to learn more about how RDNT could be the next AAVE
3/ $PENDLE @pendle_fi
Pendle’s Yield Token (YT) and Principal Token (PT) opened up a new DeFi interest rate deriv market space w/ new yield strat
Interest rate derivatives has a 400B TradFi market
$PENDLE's $35M MC means it's still underrated 💰
Bullish catalyst: Pendle Wars / LSDFi
$PENDLE had been accumulated by @magpiexyz_io
& @Equilibriafi to control gov rights w/ boosted rewards
Feelin similar to the Curve Wars
$PENDLE war where protocols compete for $PENDLE's yield is bullish 🐂
4/ $PLS @PlutusDAO_io
PLS is the only gov aggregator on $ARB
It had captured $15M timelocked Arbitrum assets e.g. $DPX $JONES
Upcoming catalysts: v2 tokenomics, plsGRAIL, large Arb airdrop
Read my thread to know how $PLS can be the next $CVX 🌕
5/ $SILO @SiloFinance
Silo Finance is unique in having long-tail assets as collateral
Isolated pools = less risk of long-tail asset causing a meltdown
More market interest in borrowing and lending long-tail assets = $SILO gud
Arbitrum DEX Wars
Various teams are trying to build an Arbitrum-native DEX to dethrone Uniswap
Uniswap is still 10x the volume and TVL of most other Arbitrum DEXes
Thus whoever is best positioned to capture / accrue value from Uniswap's vol and TVL will be blue-chip
6/ $GRAIL @CamelotDEX
CamelotDEX had taken an unique approach in by partnering with lots of protocols fr liquidity
It has 100M TVL and had a v2 upgrade on a more efficient AMM
With nitro & incentivised pool coming to v3 soon $GRAIL could pull in more TVL and volume 👀
7/ $CHR @ChronosFi_
Chronos is a Solidly fork and it's unique in implementing a 0-rebase mech & maturity-adjusted LP returns
It's at 200M TVL and has gud partnerships
$CHR's vol had not caught up to TVL but if it does = future $ARB blue-chip?
8/ $GND @GNDProtocol
$GND takes an unique approach in being in of the only protocols in capitalising Uni v3's high vol.
It helps LPs profit by using dual range to help LPs profit w/ high APR #realyield
Read my thread for how it could be next $GMX
If you enjoyed the thread please like and retweet
Please consider giving me a follow for more alpha threads!
@crypto_linn @rektdiomedes @CryptoShiro_ @DAdvisoor @TaikiMaeda2 @alpha_pls @karl_0x @Route2FI @thedefiedge @bizyugo
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