🧵 The DeFiLlama aggregator launched in early January this year and has reached $5b in volume today!!

Here's some data about activity on the most popular DEX aggregator out there and what's next for the aggregator and DeFiLlama. More below 👇 63,280 unique users used the aggregator for a total of 410,200 swaps

We just launched our new delta-neutral farming page based on perp hedges!

It simulates the APY you can make with no price exposure by shorting the token on perps, buying spot and farming with that token.

Thread on how this works and how you can reap these APYs Imagine you start with 1.5k USDC, you then short 1 ETH on Binance and spend your 1.5k buying 1 ETH spot, which you deposit on Aave.

Because you are both long through owning ETH and short through perps in the same amounts, these two cancel out and you end up with no ETH exposure

We're launching our meta DEX aggregator!

- Get the best price from 8 different aggregators, including 1inch, matcha, paraswap, cowswap...
- Quotes and gas costs are independently verified by us
- Private mode to avoid leaking your IP
- Approval control
- Available in 22 chains It works by querying multiple DEX aggregators, comparing their quotes and gas costs and allowing you to choose the best one.

We charge no fee, so when you swap through us you are getting the exact same result that you'd get from swapping through an aggregator's UI directly.

Today we're launching a product that's been in the works for months: Delta Neutral Yields

It uses our huge DB to find opportunities where you borrow a token and then farm with it

With this you can get >20% APY on BTC, ETH, USDC...

Thread on how to get that APY + examples Leveraged farming of AVAX staking

1. Deposit BTC.B on aave
2. Borrow AVAX
3. Stake it to get sAVAX
4. Deposit on aave to borrow AVAX again
5. Repeat this to leverage the farming

This nets you an APY of 21.96% on your BTC with only exposure to aave and AVAX liquid staking!

19/ Yields overview 3/3

The candle chart provides you with APY data from each protocol. This shows:
- How many pools
- Min APY of all the pools
- Median APY of all the pools
- Max APY of all the pools
- Average APY between Min/median, Max/median 20/ Projects

This gives a comprehensive overview of the number of pools, combined TVL of those pools, number of audits and median APY of a protocol

1/ Since its inception in 2020 @DefiLlama has come a long way providing not only the best TVL data out there but expanding its suite of products to include more analytics and products.

Our intern @llamaintern made a walkthrough of some of the tools and products we have

A 🧵 @llamaintern 2/ Introduction to @DefiLlama

Defillama is best known for its multi-chain TVL stats dashboard where a team of dedicated llama contributors focus on aggregating accurate data with a transparent methodology of over 1700 protocols spread across over 130 chains

DefiLlama roundup highlights🦙
• @stripe announces $USDC payments on @0xPolygon
• @0xPolygon introduces Supernets & $100M support fund
• @danielesesta on the launch of yvDAI market

For more subscribe here: t.me/defillama_tg @stripe @0xPolygon @danielesesta L1/L2 highlights
@itsonlysoleil introduction to zero knowledge proofs

https://twitter.com/itsonlysoleil/status/1517205577239306243

@nansen_alpha analysis on @MinaProtocol

https://twitter.com/nansen_alpha/status/1517402136065175552

Today we are launching a defi and crypto focused wiki, that aims to be community-driven, neutral and unbiased.

wiki.defillama.com/wiki/Main_Page Currently most knowledge about defi events is in collective memories, twitter or news articles.

All of these are temporary, hard to find and they quickly get outdated.