Research Summary
The report discusses seven innovative DeFi products that are worth exploring. These include Pendle’s Restaking Pools, ZKX OG Trade, Rabby Wallet, Whales Market, RocketX, Picasso, and Avocado Wallet. Each product offers unique features and benefits, from yield trading and gamified trading experiences to advanced wallet functionalities and restaking opportunities.
Key Takeaways
Pendle’s Restaking Pools
- Yield Trading Opportunities: Pendle’s Restaking Pools allow users to speculate on the value of EigenLayer & liquid restaking projects airdrops. Users can earn a fixed yield on their capital and bet on whether the yield from a certain yield opportunity will increase or decrease.
ZKX OG Trade
- Enhanced Trading Experience: ZKX OG Trade is a gamified Perp DEX on Starknet designed for short-term traders & scalpers. It offers a departure from boring UIs, one-click trading, PVP Battle every 30-minutes for each Asset, Profit, Volume & Loss Badges, and Exclusive Clan NFTs.
Rabby Wallet
- Advanced Wallet Features: Rabby Wallet offers a pre-sign check for security, a smoother multi-chain experience, transaction simulation results, and the ability to revoke token approvals. Users can also earn Rabby points, which could qualify them for a Rabby airdrop in the future.
Whales Market
- OTC Decentralized Exchange: Whales Market is an OTC decentralized exchange that allows trading points and future airdrop allocations in addition to tokens and NFTs. It provides a platform for users to trade EigenLayer, FriendTech, & Hyperliquid points, and will soon enable trading Blast, Kamino, Drift, and MarginFi points.
Avocado Wallet
- Smart Contract Wallet: Avocado Wallet, created by Instadapp, offers network abstraction, gas abstraction, and cross-chain send features. It automatically connects to the right network for each dApp and abstracts gas by using a unified USDC gas tank. Users can easily send funds from one blockchain to another directly from the wallet.
Actionable Insights
- Explore Restaking Opportunities: Consider exploring restaking opportunities offered by platforms like Pendle and Picasso. Restaking has the potential to significantly increase the demand for L1 tokens in the long run.
- Consider Advanced Wallets: Look into advanced wallet features offered by Rabby Wallet and Avocado Wallet. These wallets offer enhanced security and user experience, making DeFi interactions smoother and safer.
- Monitor OTC Decentralized Exchanges: Keep an eye on OTC decentralized exchanges like Whales Market. These platforms provide unique trading opportunities, including the ability to trade future airdrop allocations.