Today in DeFi - Puffer Mainnet Live, FairyCow Swap on Testnet, Infinex Governance Points, 50% APY on USDT, and more...

Launches 🚀

• Puffer Finance, a liquid restaking protocol built on top of EigenLayer, launched its mainnet. Puffer is also launching chapter 4 of its quest campaign with a revamped points system.

• FairyCoW Swap, a dex that provides encrypted order protection on CoW Swap, is live on Sepolia. FairyCow allows traders to encrypt orders before broadcasting them to solvers & MEV searchers.

• Sovryn, a Bitcoin trading & lending platform, launched DEX 2.0 on BOB. Sovryn DEX 2.0 now supports swaps, AMM LPs, and SOV staking.

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Updates 📰

• 1inch Fusion 2.0 is live with an enhanced Dutch auction system and an adjusted market-based price curve. Compared to Fusion 1.0, 2.0 offers up to 35% cheaper order settlements and 75% faster execution.

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Upcoming ⏳

• Arrakis, a market-making protocol running strategies on Uniswap V3, introduced HOT. HOT is a new AMM that will be integrated into Arrakis, enabling better outcomes for LPs and token issuers through an intent-centric approach to on-chain liquidity.

• Rysk, an options trading protocol, introduced V2. Rysk V2 will bring 100x, a low latency Central Limit Order Book (CLOB) DEX to trade derivatives, and Rysk Orchestra, a market making vault network with deep liquidity for the 100x orderbook (and also other DEXs and CEXs).

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Airdrops 🪂

• Infinex, a new DEX built by Synthetix, will run a 30-day campaign starting May 13th. Users will be able to create an Infinex Account and deposit USDC to earn a share of 377M Governance Points (GP). After the campaign, top GP holders will gain priority access to the first Infinex integrations.

• Mande Network, a RollApp chain built on Dymension, launched airdrop claim for DYM stakers. Stakers can claim their MAND airdrop proportional to the square root of their DYM stake.

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Farms 🧑🏻‍🌾

• Stake your GHO to earn ~43% APR from AAVE and Merit Program

  • Today in DeFi is supported in part by ACI

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50% APY on USDT