GM fam,
Welcome back to the fourth Weekly Alpha Edition!
I'm thrilled to have you here.
Every Friday, I personally curate and deliver the most impactful DeFi news and the hottest yield opportunities straight to your inbox.
Yield opportunities 🧐
Camelot DEX (Arbitrum) - 133% APR on the RDO/ETH pool
AAVE (Optimism) - 2.89% APY on USDT deposits
Pendle ( Arbitrum) - 8.89% Unboosted APY on rETH pool
Lybra Finance (Ethereum) - 49.86% APR on LBR staking
Velodrome (Optimism) - 119.15% APR on the VELO/opxVELO stable pool
This Week in DeFi 🧙♀️
Binance Will List Pendle (PENDLE) in the Innovation Zone
Flashstake introduces Flash 2.0
Over $120M Drained From Multichain Bridge
BarnBridge DAO calls halt to ‘all work’ on DeFi protocol amid SEC probe
Pendle Attracts Over $125M In TVL With ‘Discounted Assets’
Protocol of the week 🦄
Each week we talk about a DeFi protocol that is changing the game and adding great value to the ecosystem.
This week I want to write about Camelot DEX
What is Camelot?
Camelot is an ecosystem-focused and community-driven DEX built on Arbitrum. Camelot has been built as a highly efficient and customizable protocol, allowing both builders and users to leverage our custom infrastructure for deep, sustainable, and adaptable liquidity.
Networks Availability
Camelot is available on Arbitrum.
On-chain Analytics 🧐
At the time of writing this article, Camelot has a Total Value Locked (TVL) of $80.94 million.
In the last 30 days, Camelot has generated total fees of $808,756. While this may not seem substantial, it is quite impressive considering the prevailing bear market conditions.
Camelot has a governance token called GRAIL, which is currently trading at a price of $1,268.17.
Dune Dashboard of the week 🧙♀️
One DeFi narrative that I am closely following is Liquid Staking. I believe this presents one of the most compelling bullish cases for Ethereum in the next bull market, as numerous DApps are beginning to build on top of this narrative.
This week's focus is on the Swell Network dashboard, a significant contender in becoming a leading Liquid Staking protocol.
That's it for this week. I hope you enjoy this new format. I will continue to share alphas and news each week, so don't hesitate to subscribe to the newsletter.
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