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Feb 16 β€’ 14 tweets β€’ 7 min read
As the "Incubator" in the @arbitrum ecosystem, @CamelotDEX brings plenty of liquidity to it.

#TokenInsight has rated Camelot as a B

So what is Camelot? What makes it special?
Let's find outπŸ§΅πŸ‘‡
#CryptoRatings
In this thread, we'll introduce camelot and breakdown our rating score into the main 6 dimensionsπŸ‘‡

I/ Intro to Camelot
II/ Rating Breakdown
1/ Tech & Security
2/ Tokenomics
3/ Performance
3/ Ecosystem
4/ Upcoming Projects
I/
@CamelotDEX is a DEX built on Arbitrum. It has developed a set of customizable liquidity infrastructures, designed to provide more liquidity and composability to Arbitrum. In addition, Camelot also contains a Launchpad that helps Arbitrum projects to conduct token public sales
II/
TokenInsight has rated Camelot's current performance with a B and a positive outlook.

- Underlying Technology & Security 46.5%
- Roadmap & Progress 59.67%
- Token Economics 52.47%
- Token Performance 50.67%
- Ecosystem Development 49.95%
- Team, Partners & Investors 52%
1/
β€’ Non-publicly disclosed code🚩
β€’ 2 code audit reports βœ… most of the security issues identified have been fixed
β€’ No major security crisisβœ…
2/
$GRAIL is the native token of Camelot, with a maximum supply of 100,000 and no substantial use. There would be no return by holding $GRAIL alone.
The portion of $GRAIL allocated to team/ partners/advisors will be fully unlocked over 3 years.
2.1/
xGRAIL is the governance token through converting $GRAIL with conversion ratio of 1:1. It is non-transferable. xGRAIL holders receive dividend, exclusive access or discount on launchpad events, etc. The number of xGRAILs held by users represents voting rights on governance.
3/
Since $GRAIL's launch in Dec 2022, its price has risen from $200 to around $3,400 with a 24h trading volume of $15.6m.
Besides Camelot DEX, $GRAIL is also live on multiple exchanges including @MEXC_Global, @BingXOfficial, @Uniswap, and @bitgetglobal.
4/
@CamelotDEX's TVL has also exploded due to the rapid growth of the @arbitrum, going from $18M to an ATH of $63M (2023-02-16) in less than 30 days. It is currently ranked 31st among all DEXs.
4.1/
Camelot's daily trading volume jumped from around $100,000 in early 2023 to a peak of $22 million, a nearly 200-times increase. Liquidity has also grown from $17 million to nearly $65 million.
5/ @nitrocartel
Nitro Cartel will launch the public sale of its governance token $TROVE on Camelot's Launchpad on Feb 17. It's a yield-bearing index and strategy vault protocol natively built on the Arbitrum network, designed to generate yield for users.
5.1/ @FactorDAO
It will launch its native token $FCTR on Camelot Launchpad on Feb 20. It's an on-chain asset management platform that helps users aggregate multiple DeFi assets and increase revenue through a variety of instruments and strategies.
5.2/ @PerpyFinance
A GMX-based perpetual asset management protocol with social functions. Users can create their own portfolios directly on Perpy or copy other traders' portfolios via smart contracts to earn revenue. The public sale of $PRY will launch on March 16.
6/
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Read the full report at:
tokeninsight.com/en/research/an…

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1/
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3/
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