Research Summary
This report provides an in-depth exploration of 35 innovative and promising developments in the Decentralized Finance (DeFi) sector. The author, Ignas, shares his personal picks, covering a wide range of topics including Decentralized Exchanges (DEXes), wallets, Bitcoin DeFi, Ton Blockchain & dApps, stablecoins, Cosmos Ecosystem, trading, analytics, and Liquid Restaked Tokens (LRTs). The report also includes insights from other DeFi researchers and highlights potential opportunities in the DeFi space.
Key Takeaways
Decentralized Exchanges (DEXes)
- Emerging DEXes: The report highlights several innovative DEXes, including Maverick, Ambient, Shell Protocol, Swaap, and Mangrove. These platforms offer unique features such as liquidity bins for price discovery, concentrated and ambient liquidity in a single pool, and high precision AMM engines.
- Unique Strategies: Each DEX offers unique strategies for liquidity provision, including static, right, left, and both modes, as well as single-sided liquidity provision and novel features like AMM bond and NFT fractionalization.
- Potential Airdrops: Several of these DEXes do not yet have tokens, indicating potential airdrops in the future.
Wallets
- Wallet Diversity: The report highlights several wallets beyond Metamask, including Avocado by Instadapp, OKx Web3 Wallet, Rainmaker, Obvious, Xverse, and Radix Wallet & Ecosystem. These wallets offer features such as multi-chain support, gas payment in USDC, and account abstraction.
- Mobile Wallets: Many of the highlighted wallets are mobile, indicating a trend towards mobile DeFi solutions.
Bitcoin DeFi
- Bitcoin DeFi: The report highlights several platforms bringing DeFi to Bitcoin, including Ordinals Wallet & Marketplace, UniSat Wallet & Marketplace, and Alex. These platforms offer features such as NFT browsing and purchasing, BRC-20 token trading, and yield farming.
- Learning Curve: Bitcoin DeFi has a high learning curve but potentially significant upside, making it a key area for the next bull run.
Actionable Insights
- Explore DEXes: The innovative features and potential airdrops of the highlighted DEXes make them worth exploring.
- Consider Wallet Diversity: The diverse features of the highlighted wallets may offer advantages over traditional options like Metamask.
- Investigate Bitcoin DeFi: Despite the learning curve, the potential upside of Bitcoin DeFi makes it a promising area for exploration.
