A few weeks ago, builders, DeFi enthusiasts, and privacy advocates gathered in Amsterdam for the ETHDam event hosted by CryptoCanal. Attendees heard from different privacy-focused protocols in a series of talks and workshops, as well as a hackathon. In this article, we summarize some highlights, exploring where we’re at with privacy in the Ethereum ecosystem, the state of DeFi and what the future may look like. To kick off the event, Eleanor Blanc introduced Tornado Cash developer Alexey Pert...

A few weeks ago, builders, DeFi enthusiasts, and privacy advocates gathered in Amsterdam for the ETHDam event hosted by CryptoCanal. Attendees heard from different privacy-focused protocols in a series of talks and workshops, as well as a hackathon. In this article, we summarize some highlights, exploring where we’re at with privacy in the Ethereum ecosystem, the state of DeFi and what the future may look like. To kick off the event, Eleanor Blanc introduced Tornado Cash developer Alexey Pert...

DeFi investors are constantly seeking ways to elevate their decision-making abilities and optimize their portfolios. PerpSim was released in October 2022 as a powerful tool for liquidity providers that provides data-driven insights into their liquidity positions on Perp and risk management. Perpetual Protocol (=ↀωↀ=) @perpprotocol The beta for PerpSim, a simulation tool built for LPs by @componentfi, is now live! perpsim.com Add liquidity to our pools, claim Pool Party rewards and backtest yo...

DeFi investors are constantly seeking ways to elevate their decision-making abilities and optimize their portfolios. PerpSim was released in October 2022 as a powerful tool for liquidity providers that provides data-driven insights into their liquidity positions on Perp and risk management. Perpetual Protocol (=ↀωↀ=) @perpprotocol The beta for PerpSim, a simulation tool built for LPs by @componentfi, is now live! perpsim.com Add liquidity to our pools, claim Pool Party rewards and backtest yo...

In this article, we provide an explanation of the Shapella upgrade, its significance as well as the implications for ETH and the wider crypto market. Ethereum embarked on a journey towards a full Proof of Stake (PoS) in December 2020 with the launch of the Beacon chain, progressed a step further with a successful Merge in September 2022 and will be completed at or around April 12th, 22:27 UTC at slot 6209536 with the activation of Shapella. There’ll be no change to the user experience, the pr...

In this article, we provide an explanation of the Shapella upgrade, its significance as well as the implications for ETH and the wider crypto market. Ethereum embarked on a journey towards a full Proof of Stake (PoS) in December 2020 with the launch of the Beacon chain, progressed a step further with a successful Merge in September 2022 and will be completed at or around April 12th, 22:27 UTC at slot 6209536 with the activation of Shapella. There’ll be no change to the user experience, the pr...

Money markets are the third largest sub-sector of DeFi by total value locked after decentralized exchanges and liquid staking, with over $14.2 billion locked in these protocols. DeFi money markets allow anyone to borrow or lend crypto-assets without requiring a credit check, the submission of personal information or involvement of any intermediaries. In what follows, we’ll describe a simple outline of how money markets in DeFi work. Lenders supply their crypto-assets to a pool and earn intere...

Money markets are the third largest sub-sector of DeFi by total value locked after decentralized exchanges and liquid staking, with over $14.2 billion locked in these protocols. DeFi money markets allow anyone to borrow or lend crypto-assets without requiring a credit check, the submission of personal information or involvement of any intermediaries. In what follows, we’ll describe a simple outline of how money markets in DeFi work. Lenders supply their crypto-assets to a pool and earn intere...

‍As the world of cryptocurrencies continues to grow and evolve, one type of digital currency has emerged as a popular choice for investors and traders alike: stablecoins. This guide will introduce you to stablecoins, how they function and their importance in Decentralized Finance (DeFi).Introduction to StablecoinsStablecoins are one of the most successful applications of cryptocurrencies that offer a wide range of use cases, such as:Offering a sanctuary from the volatility of crypto-assets li...

‍As the world of cryptocurrencies continues to grow and evolve, one type of digital currency has emerged as a popular choice for investors and traders alike: stablecoins. This guide will introduce you to stablecoins, how they function and their importance in Decentralized Finance (DeFi).Introduction to StablecoinsStablecoins are one of the most successful applications of cryptocurrencies that offer a wide range of use cases, such as:Offering a sanctuary from the volatility of crypto-assets li...

The grants program was funded with 2M USD in PERP that is allocated to funding protocols building on Perpetual Protocol. This program started in August 2021 and is running successfully to this day. We are constantly on the lookout for amazing projects that want to grow the Perp ecosystem, including trading infrastructure, LP’ing and market-making research, structured products, vaults, etc. We welcome all crazy ideas that we’d never have thought of!Update on Current Grantees 🎯TeahouseTeahouse...

The grants program was funded with 2M USD in PERP that is allocated to funding protocols building on Perpetual Protocol. This program started in August 2021 and is running successfully to this day. We are constantly on the lookout for amazing projects that want to grow the Perp ecosystem, including trading infrastructure, LP’ing and market-making research, structured products, vaults, etc. We welcome all crazy ideas that we’d never have thought of!Update on Current Grantees 🎯TeahouseTeahouse...

In this guide, we’ll show you how you can hedge against impermanent loss when providing liquidity to Perp’s Bitcoin market using Deribit’s newly launched volatility futures product. Makers (AKA liquidity providers) on Perp can earn trading fees and liquidity mining rewards. However, as the price moves away from your entry point and traders consume the liquidity you provide, you face impermanent loss (or IL for short). But there are ways to hedge described in the article below. How to Mitigate...

In this guide, we’ll show you how you can hedge against impermanent loss when providing liquidity to Perp’s Bitcoin market using Deribit’s newly launched volatility futures product. Makers (AKA liquidity providers) on Perp can earn trading fees and liquidity mining rewards. However, as the price moves away from your entry point and traders consume the liquidity you provide, you face impermanent loss (or IL for short). But there are ways to hedge described in the article below. How to Mitigate...

To stay ahead in the cryptocurrency markets, traders are increasingly relying on sophisticated algorithmic trading strategies to enter and exit their positions. One popular automated trading strategy is the Time-Weighted Average Price (TWAP) algorithm. This article provides a comprehensive guide on setting up a bot for automated TWAP execution on Perp, enabling traders to minimize the market impact of large orders and attain better entry prices.Introduction to TWAPAs an algorithmic trading st...

To stay ahead in the cryptocurrency markets, traders are increasingly relying on sophisticated algorithmic trading strategies to enter and exit their positions. One popular automated trading strategy is the Time-Weighted Average Price (TWAP) algorithm. This article provides a comprehensive guide on setting up a bot for automated TWAP execution on Perp, enabling traders to minimize the market impact of large orders and attain better entry prices.Introduction to TWAPAs an algorithmic trading st...

The biggest change yet to Optimism brings more scalability and security to the Layer 2, as well as benefiting Perp users through lower gas fees and quicker confirmation times. This article covers everything you need to know ahead of the upgrade on June 6th. Following the approval of the Token House delegates earlier this year in March, the highly anticipated Bedrock upgrade was set in motion. Bedrock will be activated on Tuesday, June 6th 2023 (starting at 16:00 UTC) as the first ever release...

The biggest change yet to Optimism brings more scalability and security to the Layer 2, as well as benefiting Perp users through lower gas fees and quicker confirmation times. This article covers everything you need to know ahead of the upgrade on June 6th. Following the approval of the Token House delegates earlier this year in March, the highly anticipated Bedrock upgrade was set in motion. Bedrock will be activated on Tuesday, June 6th 2023 (starting at 16:00 UTC) as the first ever release...

Some upcoming changes to our reward programs will be covered in this article, including adjustments to Lazy River (vePERP staking) and the Pool Party (liquidity mining), as well as the sunsetting of the referral program. These adjustments are necessary to ensure the sustainability of the reward programs, in particular to keep the Pool Party running for as long as possible and to make way for some larger updates. Let’s now take a look at the changes for each of the respective reward programs, ...

Some upcoming changes to our reward programs will be covered in this article, including adjustments to Lazy River (vePERP staking) and the Pool Party (liquidity mining), as well as the sunsetting of the referral program. These adjustments are necessary to ensure the sustainability of the reward programs, in particular to keep the Pool Party running for as long as possible and to make way for some larger updates. Let’s now take a look at the changes for each of the respective reward programs, ...

Many users have earned cryptocurrencies for free (or very little effort) through airdrops, with some notable examples over the years including Stellar’s XLM, ENS, UNI, and more recently ARB and OP. Anywhere between a couple hundred to tens of thousands of dollars have been earned by avid users just by HOLDing or being an active user of a protocol. Want to go on a crypto treasure hunt and earn some easy money through airdrops? Read on as this playbook will cover the ins and outs of airdrops, e...

Many users have earned cryptocurrencies for free (or very little effort) through airdrops, with some notable examples over the years including Stellar’s XLM, ENS, UNI, and more recently ARB and OP. Anywhere between a couple hundred to tens of thousands of dollars have been earned by avid users just by HOLDing or being an active user of a protocol. Want to go on a crypto treasure hunt and earn some easy money through airdrops? Read on as this playbook will cover the ins and outs of airdrops, e...

As one of the earliest forms of technical analysis and models of markets driven by data, Dow theory serves as an introduction to understanding market trends for traders who are just getting started on their trading journey. The theory is named after the journalist Charles Dow, who founded the Wall Street Journal in 1889 and regularly used the magazine to publish his analysis of stock markets. Dow was also one of the first people to originate the idea of a stock index, with the Dow Jones Indus...

As one of the earliest forms of technical analysis and models of markets driven by data, Dow theory serves as an introduction to understanding market trends for traders who are just getting started on their trading journey. The theory is named after the journalist Charles Dow, who founded the Wall Street Journal in 1889 and regularly used the magazine to publish his analysis of stock markets. Dow was also one of the first people to originate the idea of a stock index, with the Dow Jones Indus...