The infiniFi protocol has passed $65M Total Value Locked. Higher Yields. No Leverage.

It's really exciting times in Ethereum DeFi I actually think we are getting closer to a point where spot trading as a primitive will be superior on-chain vs CEX. Why? Two big shifts: 1) Fixing LVR (loss versus rebalancing) Today, on chain AMMs leak value to arbitrage that exploit the difference between market prices evolving between blocks. For L2s with low block latency this is less of an issue but with Ethereum 12 second block times this is more significant. If LPs captured this arbitrage value, they could profitably lower fees. Projects like @angstromxyz are already working on this by building on Uniswap v4 hooks, auctioning arbitrage off‑chain and paying proceeds back to LPs. Nice episode on this with @hasufl and @0xvanbeethoven here 2) Unparalleled AMM capital efficiency @0xfluid pioneers a deep integration between money markets and AMM DEX leading to new levels of capital efficiency for market makers, explained in detail in the quoted tweet. This type of efficiency is only possible through deep composability which is not possible within a off chain context. TL;DR @angstromxyz fixing LVR + Fluid DEX v2’s capital efficiency could make on‑chain spot trading the best venue for traders. Imo it would make sense for angstrom to build on Fluid dex v2 hooks, otherwise someone else will or Fluid themselves will capture that value

i listened to the $glxy shills and got liquidated 💀

$400m in active loan growth since june DEX 🤝 Lending aaaaaaaaah we're flywheeeeeling

Fluid DEX v1 proved that smart collateral + smart debt unlock unparalleled capital efficiency for non‑volatile pairs. Yesterday, Fluid cleared 55% of all stablecoin volume across Ethereum, Arbitrum, Base, and Polygon. I believe this success will extend to volatile pairs with FLUID DEX v2. Currently DEX v1 does programmatic range management that works well for non volatile pairs, but DEX v2 will introduce the ability for LPs to tailor their liquidity exactly like in uniswap's granular tick based system. Let me explain why ⬇️ Imagine you are a market maker in Uniswap's ETH-USDC pool today. Everything else equal do you prefer earning lending rates on top of whatever your current asset composition is? The obvious answer is yes. As a result, smart collateral on its own is always superior to simply LPing in Uniswap. Happy to hear contrarian views to this. Now a market maker provides liquidity because they believe its a winning strategy, i.e they express a market view that fees will outweigh losses resulting from asset composition changes. Smart debt allows market makers to low‑cost leverage their strategies. It reduces their cost of capital. The degree of leverage and resulting liquidity will obviously be not used to the same degree as with pegged pairs because volatile pairs also make your LTV more volatile and hence high leverage leads can lead to liquidations. Still a healthy level of leverage with some looping allows market makers to scale their liquidity at minimal capital cost. TLDR, the capital efficiency unlocked by smart collateral and smart debt put Fluid LPs at a competitive advantage and as a result LPs can profitably offer lower fees to trader

someone made me aware that im second on the kaito leaderboard hadn't checked in ages seems like a lot smaller accounts are leading now did the algo change?

Fluid DEX Lite is live 🌊 Kicking off with a USDC-USDT pool and more pools over the next few weeks. Integrated with @KyberNetwork and @VeloraDEX, and other DEX aggregators to follow soon. Once fully integrated, we expect an extra $200M–$400M daily volume. Integration docs:

u can now automate your cringe posts without even having to write them yourself or open linkedin

love seeing bungee in the wild

holy fucking shit this is historic @0xfluid has flipped uniswap in volume on ethereum today