GM Digest #232 — Fenix x IntentX | Hyperlock | Rollchain | VC Fundraise
Gm with Valuable Alphas / Insights — Make Sure to DYOR. All of This is Not Financial Advice. Ape at Your Own Peril
Fenix EON x IntentX
• @FenixFinance will bring the CEX-like perps trading experience to Blast, with a serviced front-end provided by @IntentX_
• EON utilises an automated request for quote (AMFQ) “intent-based” architecture that will power the liquidity experience that traders have on a CEX with the security of a DEX
Hyperlock is Live
• @hyperlockfi is now live on @Blast_L2, enhancing farming on @ThrusterFi with deeper liquidity and stronger yields
• Similar to Convex boosting Curve and Aura Finance boosting Balancer, Hyperlock aims to do the same for Thruster in the Blast ecosystem
• Hyperlock offers deeper liquidity for Blast-native assets and has secured liquidity incentives from partners from week one
• Depositors can stack points on partner protocols like @particle_trade and @Juice_Finance, with upcoming integrations with @Curvance and @JonesDAO_io
• With 100% of dev airdrop distributed back to users, and on top of all the points, Hyperlock offers potentially the most capital-efficient farms on Blast atm
Rollchains
• @rollchains links any Cosmos L1 to CelestiaOrg, offering modular DA
• Rollchains Mechanics: Modularized Cosmos L1s post data blobs to Celestia for tamper-proof transaction history
• Additionally, Rollchains choose validators (ICS, PoA, PoS) while enjoying IBC's security and interoperability
• @Stride_Zone will be the first rollchain, enhancing $stTIA integration on Celestia rollups
Contango ATS
• @Contango_xyz introduces a new tool called 'Advance Trade Selection' by popular request
• The new tool is useful for spotting arbs and delta-neutral plays. Additionally, it provides insights into lending/borrowing rates
• Great for finding DN opportunities and arb plays. Neat that you can take advantage without opening multiple positions, all from once place
More Points on Sturdy v2
• @SturdyFinance is an isolated lending protocol with native aggregation, enabling users to use recursive borrowing to expand their position up to 10x on interest-bearing collateral assets or lend to multiple pools at once without liquidity fragmentation
• Sturdy’s most recent deployment on @modenetwork features Renzo’s ezETH as collateral. This allows users to expand their position up to 10x allowing them to earn 10x EigenLayer Points and 20x Renzo ezETH Points
• Additionally, those who doesn’t want exposure to liquidation risk can be lenders to the pool to receive 2x Renzo ezPoints, 2x Mode points, $STRDY incentives plus interest from borrowers
Recent Interesting Fundraise
• @initiaFDN $7.5m seed fundraise led by @Delphi_Digital and @hack_vc along with prominent angels @cobie, @dcfgod, and @SplitCapital to build a network for interwoven rollups
• Announced $4.5m seed round led by @hashed_official & @GumiCryptos to build the modular blockchain for liquidation-free leveraged trading via Limitless Pools
• @SaharaLabsAI Raises $6 Million Seed Round led by @polychain. Sahara is building the first decentralized AI network for everyone to freely and securely deploy autonomous AI
Misc News
• @nftperp deploys on Blast. First phase were users can deposit into insurance fund and earn Blast points and gold is live
• @Scallop_io announced that they are live on Sui
*Reminder to Size Your Entry for Degen Plays and Take Your Principal Out (Take Profits) Whenever You Hit Your Target*