Research Summary
The article provides an overview of new crypto projects and the market. The spotlight project in this issue is KyberSwap, a multichain DeFi exchange and aggregator on 13 chains. It has a unique concentrated liquidity design and has integrated native DEXs mute_io, syncswap, and velocorexyz. Another project highlighted is TapiocaDAO, which is building an omnichain money market that works across different blockchains using LayerZero. The market overview section indicates that there were more bitcoins sold than bought in the last nine months, but the price rose by 50%.
Actionable Insights
- Monitor KyberSwap’s Developments: KyberSwap has integrated native DEXs mute_io, syncswap, and velocorexyz, and reworked Discovery Tool into KyberAI. It’s important to keep an eye on their updates and improvements.
- Assess TapiocaDAO’s Progress: TapiocaDAO is building an omnichain money market using LayerZero. Their progress and updates could have significant implications for cross-chain transactions.
- Stay Informed on Bitcoin Market Activity: Despite more bitcoins being sold than bought in the last nine months, the price rose by 50%. Monitoring these market dynamics could provide valuable insights for investment decisions.
