Last week was a busy one in the DeFi space, with several exciting launches and updates to various protocols. One of the highlights was the RocketPool Atlas Live upgrade, which brought support to Shapella and increased protocol capacity by up to 300%. The upgrade also lowered the barrier to becoming a node operator, making it easier for more individuals to participate in the network.
Another significant launch was Bancor’s Carbon AMM, which offers irreversible Range Orders and automated Recurring Strategies, and is MEV-resistant. Iron Fish, a privacy-focused L1, also launched its mainnet, with users now able to host a node, start mining, and mint/burn custom assets on the network.
Maple also launched its Cash Management Pool for non-US DAOs, offshore companies, Web3 treasuries, and HNWI participants. The pool passes yield sourced from US Treasury bills and reverse repurchase agreements, less fees, to Lenders. Additionally, Flashbots introduced the beta version of MEV-share, incorporated within Flashbots Protect, which is integrated with users’ wallets to defend against MEV.
Several protocols also launched on various L2 networks, including ZigZag and 1inch on zkSync Era, and Maverick on Arbitrum. Safe (formerly known as Gnosis Safe) also went live on Celo, while Celer Bridge now supports bridging between Polygon zkEVM and other chains including Ethereum, BnB chain, and Polygon, among others.
In terms of funding, Cosmos-based L1 Berachain raised $42m Series A at a $420.69m valuation, with the Bera eco set to launch an incentivized testnet in the coming weeks.
The Today in DeFi Premium subscription service offers early looks at promising projects, yield farming tips, and proper research to help users get the most out of DeFi. Last week, Premium subscribers were treated to features like MEV Protection, Farming on zkSync Era, and LSD Degen Farm.
Overall, last week was a productive one for the DeFi space, with plenty of launches and updates across different networks and protocols. It will be interesting to see what developments are in store for the coming weeks.