12 New Projects Launching on Arbitrum
Arbitrum has recently begun to gain traction as a scaling solution. Several upcoming projects are being built on Arbitrum that are expected to bring new use cases and drive the platform's adoption
Arbitrum has been gaining a lot of traction in the last few weeks. Every day there are, new tokens launched within the ecosystem. Here are 12 new projects coming to Arbitrum.
Factor is a self-custodial protocol allowing creators to launch tokenized baskets, fully controlling their assets held in tokens minted by the platform. These baskets can interact with other protocols in the Factor ecosystem, providing investors with different asset compositions, such as passive index exposure or actively managed thematic investment strategies. A token represents each basket; performance and risk metrics are provided for easy assessment.
UniswapV3 provides high liquidity efficiency and allows smart contracts to manage liquidity, but adoption has needed to be higher. Maltorus offers Programmatic Price-locked Liquidity (PPLL) that always tries to place liquidity around the price, especially in trending assets. Maltorus (MALTS) is an ERC-20 token that uses Decentralized Market Making (DMM) and Concentrated Liquidity Positions (CLPs) on Uniswap V3. MALTS takes a 15% fee on each sell transaction, with 5% going to platform development and 10% to PPLL. The smart contract adjusts liquidity based on momentum, ensuring sufficient liquidity in trending environments and hedging against impermanent loss. It is a revolutionary technology that combines the benefits of Uniswap V2 and centralized exchanges.
GammaSwap is a protocol that lets you borrow liquidity from popular constant function market makers like Uniswap, Pancakeswap, and Sushiswap to get a long gamma exposure. It works by taking out reserve tokens from these CFMMs and holding them in a smart contract as collateral. GammaSwap keeps track of how much the reserve tokens are worth and how much the borrower owes. Borrowers will have to pay interest on their loans plus any trading fees that come with borrowing the liquidity. To make sure there's enough money to pay back the loans, borrowers will have to have more collateral than the amount of liquidity they borrow
Vela Exchange is a decentralized, self-custody perpetual exchange using advanced blockchain technology for fast, secure trading and future expansion into synthetic options and derivatives. The token and rewards structure is designed to maintain incentives for liquidity and trading while managing supply. Vela's ultimate goal is to be a comprehensive trading platform for crypto assets and leveraged products, constantly evolving and growing as part of the cryptocurrency ecosystem.
Perpy is a decentralized protocol that enables copy trading on a perpetual exchange. It connects traders and investors 24/7, revolutionizing access to Web3 investments in perpetual trading. The protocol is linked to GMX via smart contracts, allowing traders to monetize their skills and investors to copy successful traders. Perpy offers transparency on performance, secure and low-cost investment management, and the ability to set fees. The smart contract architecture ensures asset safety, and traders can easily create and manage their investment vehicles. As a result, Perpy is a profitable opportunity for traders and their followers.
DeFi's transparency and self-custody have been hindered by its lack of features and vertical integration compared to CeFi. Users tend to prefer centralized exchanges for their wider range of products and capital efficiency. Vertex Protocol aims to solve this issue by creating a vertically integrated exchange (VERT-EX) with an orderbook, advanced risk engine, and money market for spot and derivatives trading, leverage, and yield products. It will improve user experience by offering integrated solutions such as on and off-ramps, efficient bridging, self-custody with Web2-style sign-up, and multiple user interfaces to cater to different traders' needs.
STFX, the Single Trade Finance Exchange, is a DeFi and SocialFi protocol for short-term asset management. It introduces a new Single Trade Vaults (STVs) concept. STVs are active asset management vaults dedicated to one specific trade. Unlike traditional long-term, continuous, multi-asset portfolios in DeFi and TradFi, STVs are designed for a single trade. The platform allows users to create or invest in STVs focused on a single trade. With STFX, users can share their trading opportunities directly with others and even monetize them by turning their trade setup into an easily investable vault.
Contango is a decentralized market that offers expirable contracts for buying or selling assets at a fixed price and date in the future. It does not rely on order books or liquidity pools and instead uses a unique system of borrowing from the fixed-rate market, swapping on the spot market, and lending back on the fixed-rate market. Contango's main features include:
- Long or short positions with an expiration date. This allows for leverage and eliminates unpredictable funding rates.
- Synthetic contracts that replicate the cash flow of an expirable position.
- Minimal price impact as it takes advantage of underlying protocols' deep liquidity pools.
- DeFi composability as every position is tokenized as an NFT, enabling other projects to build on top of Contango.
- Physical delivery of assets at expiry, eliminating risks associated with index price manipulation.
The Nitro Cartel addresses the lack of adequate, community-led political unionization in novel digital ecosystems migrating to new blockchains. The Cartel will work to mobilize crypto citizens to organize their financial and human capital collectively. The primary objectives of the Cartel are to:
- Boost TVL growth across the Arbitrum ecosystem and allocate member capital efficiently and transparently across Arbitrum-native yield-generating strategies.
- Utilize the Cartel's unique governance mechanisms to efficiently spin up public goods that are forever composable with Arbitrum's leading DeFi protocols.
- Receive rewards and proportionally distribute any token airdrop from partners.
IVX is an on-chain option AMM built on top of GMX and Arbitrum. It aims to solve mispricing, high costs, and delta reliance faced by users of existing crypto-asset options platforms. Arbitrum Nitro facilitates low-fee trading with fast block times, making it a more responsive venue for options trading. IVX uses GMX's oracle-based pricing model to hedge away net delta exposures by taking margined futures positions, eliminating the need to pay for liquidity from a centralized exchange order book.
Rodeo is building a revolutionary platform on Arbitrum that allows users to amplify their investment strategies through derivatives. The primary focus is on providing a seamless user experience while ensuring high-yet-safe returns. Rodeo Finance offers various DeFi strategies for users to earn yield, allowing users to increase their returns while potentially managing their risk.
Neutra Finance is a platform that aims to provide easy access to risk-hedged, sustainable investment strategies for anyone, anywhere. The goal is to simplify the process of protecting funds and earning stable returns in any market condition. Users can earn an annual percentage yield (APY) that exceeds market standards on high-performing DeFi products by depositing capital into their automated strategy vaults. The platform's strategies take care of the rest, such as optimizing returns, rebalancing, and managing liquidation risk, which allows users to sit back and enjoy the benefits of a well-managed investment. Neutra's approach to investment can empower individuals to take control of their financial future and achieve their financial goals.
Many projects are launching on Arbitrum, but we believe these 12 can outperform the market.
If there is anything we may have missed out on or want us to look at, let us know in the comments below!
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