Fragmented liquidity (FL) is one of the main reasons for DeFi's untapped potential.

The good news? The solution is already here, and we’re the pioneers of implementing it on a Perps DEX.

In this thread, we'll talk about the state of FL and a part of the solution.
🧵 1/ What we’re addressing in this thread:

1️⃣ What is liquidity fragmentation?
2️⃣ Old solutions (6th tweet)
3️⃣ The case for LSTs (13th tweet)
4️⃣ How is Zaros implementing it (16th tweet)

But first, let me summarize it for you.

Two of the biggest perpetual exchanges are about to have a complete makeover.

Who we're talking about?

@GMX_IO V2 and @synthetix_io V3.

Here's how those two will completely change the perpetual ecosystem.

And how they compare with eachother.

A thread. 🧵👇 1/ @synthetix_io V3

Synthetix recently pushed its first mainnet update towards v3

This June 7th, v3 spot markets are now live on @optimismFND, the first market built entirely on v3.

There's many other features coming: Accounts, Pools, Markets, Liquidations, Rewards, and more.

Tired of your mobile wallet freezing when you need to jeet illiquid shitcoins? Had enough of losing money just because you had to leave the house and couldn't trade on-chain properly?

Good news: @Uniswap launched their mobile wallet. Here's how it'll make your life easier 🧵🧵 1/ One of the largest centralized exchanges, @coinbase, are developing their own chain, @BuildOnBase. People are shifting from centralized to decentralized: millions of new users will go into #DeFi.

Guess what? Their liquidity will go to protocols with the best user experience.

America is quickly falling out of grace as the world's crypto hub, and Hong Kong is stepping up to take its place.

Let's break it down: 🧵 1/ After crypto-friendly banks Signature, Silvergate, and Sillicon Valley Bank shut their doors, crypto companies were left with few options to partner with.

Banks small and large are closing doors to web3 companies due to regulatory scrutiny. And who can blame them?

Since $ARB, everyone has been dying to get onto the next big airdrop.

For this reason, we made this Airdrop Megathread 2023 - Never miss a thing edition featuring 13 different projects and a link at the end. (Most are unconfirmed airdrops. DYOR)

You ready? Let's go!

1/🪂🧵 2/ @zksync - $ZKS

With 2/3 tokens reserved for the ecosystem, there are high chances for an airdrop!

- Add zkSync era mainnet (chainlist.com)
- Bridge funds to zkSync
- Interact with the zkSync eco (provide liquidity, swap on the main dexes, buy early projects)

With promising new projects promising cross-chain capabilities, many people overlook the OGs in the space and what they're doing: Enter @chainlink, building #CCIP.

And they've already got a major player using it: @swiftcommunity

Here's how it'll be a game changer 👇

1/🧵 #CCIP stands for Cross-Chain Interoperability Protocol, and it allows developers to build Omnichain-capable dApps.

This means that the days of having to integrate every single chain individually are over.

2/🧵

The next big thing for #crypto? Interoperability. In order to truly connect the entire world, different blockchains need to be able to exchange data and assets.

In this thread, we'll take a look at how close we are to achieving it, and who is helping us to do so!

1/🧵 While there are dozens of Layer 1s solving a myriad of different issues, you can't use both simultaneously or easily. A #web2 equivalent of it would be having to use one browser to access Google Docs, and another one just to purchase something on Amazon!

2/🧵

Looks like @coinbase just partnered up with @optimismFND in the L2 arms race! Let's take a glance at the current most important person in the room: @buildonbase!

1/🧵 2/🧵 Why is it a big deal? Some bullet points:

→ Coinbase is the biggest American exchange, and they'll onboard their 110m+ users into #DeFi

→ It'll be their on-chain base of operations
→ They'll build a bridge from Base to most L1s, L2s, and non-EVMs like #BTC and #SOL

Huge news to the L2 Ecosystem: @Visa is proposing an automatic payments system on #Ethereum using @StarkNetEco! Let's break it down to understand how would that work 🧵🧵 1/ Blockchain adoption is increasing the demand for products with a great user experience and functionality that support real use cases. @Visa is proposing #AccountAbstraction to enable automated programmable payments through smart contracts.

🧵DeFi History Simplified🧵

a) Definition

b) How it was born and how it developed.

c) Its Ups and Downs from Summer ‘20 till May ‘21

d) DeFi 2.0

e) The next wave and what we’re building

A thread by @0xNurstar , our content partner here at ZD Labs!

Image: @finematics 2/ What is #DeFi - WiKipedia Definition

"Decentralized finance (often stylized as #DeFi) offers financial instruments without relying on intermediaries such as brokerages, exchanges, or banks by using smart contracts on a #blockchain ."