Professional Grade DeFi

Integral is on a mission to make DeFi more accessible, secure and fair.

We believe everyone should have access to professional, unbundled and permissionless financial services. We envision a future where decentralized finance is a viable alternative to traditional finance. Our purpose is to develop solutions that unlock the full potential of DeFi and empower the next generation of DeFi traders.

Team

The Integral team began with a small group of friends spread across the world, brought together by crypto. At every stage of our growth, we've come together as individuals. To each our own, skills and competencies across early stage R&D, prototyping and building, growth and operations. We share a common, deep interest and career backgrounds in finance, trading, quant research and technology.

Our journey to DeFi builders was a decision to combine resources (talent, knowledge, experience, networks and capital) in an effort to solve problems for DeFi traders. After ranking among the top 50 users of early bluechip DeFi protocols, we recognized the immense promise of DeFi, but also its limitations and pain points. To us, DeFi was the emergent plumbing on the frontier of finance. So, we naturally set out to be its early plumbers and join its pioneers.

Advisors

Values

To support DeFi traders and make our contribution to the long-term success of decentralized finance, we’re united with our users on 4 key values; decentralization, accessibility, security and fairness.

Decentralization Accessibility

Decentralization is at the heart of DeFi and Integral users. We believe users should be empowered to trade on-chain with the same level of sophistication and liquidity as they can on centralized exchanges.

Accessibility is also important. At Integral we’re dedicated to offering Professional Grade DeFi tools to ALL users regardless of experience level, transaction frequency or trade size.

Security Fairness

Security is a must in DeFi and a top priority at Integral. Our security practice includes engaging multiple internal and external reviews and audits and moving at a development speed that respects security.

Fairness is built into Integral products. This is what allows us to provide a DEX user experience for traders and liquidity providers with transparency and savings on each trade. This is in contrast to Uniswap and similar price discovery based decentralized exchanges which cater heavily to arbitrageurs.

Decentralization

Decentralization is at the heart of DeFi and Integral users. We believe users should be empowered to trade on-chain with the same level of sophistication and liquidity as they can on centralized exchanges.

Accessibility

Accessibility is also important. At Integral we’re dedicated to offering Professional Grade DeFi tools to ALL users regardless of experience level, transaction frequency or trade size.

Security

Security is a must in DeFi and a top priority at Integral. Our security practice includes engaging multiple internal and external reviews and audits and moving at a development speed that respects security.

Fairness

Fairness is built into Integral products. This is what allows us to provide a DEX user experience for traders and liquidity providers with transparency and savings on each trade. This is in contrast to Uniswap and similar price discovery based decentralized exchanges which cater heavily to arbitrageurs.

History

In 2020 a global pandemic changed the trajectory of our lives. Stuck at home and spending more time online, we explored the emerging world of decentralized finance (later known as DeFi). We found the Ethereum ecosystem was innovating and experimenting at a renewed pace, and dove in as early adopters of early protocol. Eventually our experience led to R&D, white papers and the birth of Integral as a DeFi project. A community began to rally around our value proposition to serve large trades on-chain and our DeFi journey with Integral had begun.

Below is a timeline of our history and some of the Integral highlights and accomplishments to date:

Timeline

  • Jun 2020 | Integral founders begin as power users of first gen DeFi protocols such as Uniswap, Compound, Curve and Yearn.

  • Aug 2020 | Increasingly dissatisfied with the on-chain trading experience, our early team begins extensive research about on-chain slippage, price impact and liquidity.

  • Oct 2020 | Preliminary R&D reaches a milestone. Integral founders launch the pseudonymous “ProfessorJEY” as a channel for sharing initial technical papers and articles.

  • Feb 2021 | Our 1st product undergoes 3 smart contract security audits in preparation for launch.

  • Mar 2021 | Integral exits stealth mode with community building campaign. Integral Discord & Twitter launch and grow at a rate of 15% per day with zero marketing spend.

  • Mar 2021 | Integral draws attention in the world of on-chain public goods funding. Ranked #1 DeFi app in Gitcoin Grant Round 9 (GR9), with 2000+ individuals contributing donations (later used to fund SC launch gas costs).

Mar 2021 |

Integral announces imminent launch plans. Leading DeFi pioneers join as advisors: Robert Leshner of Compound, Tarun Chitra of Gauntlet, Olaf Carlson-Wee of Polychain Capital and Michael Anderson and Vance Spencer of Framework Ventures.

  • Mar 2021 | Integral launches Integral FIVE as the first arbitrage-free AMM-DEX.

  • Apr 2021 | Integral FIVE serves its first traders with a peak TVL hitting $750 million.

  • May 2021 | Integral finished raising from the community, numbering nearly 2,000 backers.

  • May 2021 | Integral serves its first multi-million dollar trades.

  • Jun 2021 | Integral FIVE expands to 8 pools with minimal slippage stablecoin trading.

  • Aug 2021 | Integral pilots trade mining program.

Sep 2021 |

Integral Governance Token (ITGR) launches as an ERC-20 token. Circulation begins across several global exchanges and DEXs such as Gate.io, MEXC, Uniswap and Dodo.

  • Oct 2021 | Integral team expands and job board launches with first milestone of community sourced hire.

  • Oct 2021 | Integral sponsors the poker-themed NFT launch party of poker legend Phil Ivey, attended by a select entertainment, gaming and crypto industry crowd.

  • Feb 2022 | Integral team hosts first IRL "friends and family" pub hour during ETH Denver week.

Mar 2022 |

Integral’s 2nd-gen product (code name: SIZE) launches on Ethereum to become the 1st DEX offering TWAP order execution with zero price impact.

  • Mar 2022 | Integral launches DeFi Whale Squad, a commemorative NFT collection and Integral sponsored community represented by 8,888 unique, randomly generated digital whale avatars.

  • Apr 2022 | Integral executes one of the largest on-chain swaps ever on Ethereum ($2.1m ETH-USDC) with zero price impact.

  • Jun 2022 | Integral expands to 4 pools including USDC-ETH, CVX-ETH, SUSHI-ETH and stETH-ETH.

Oct 2022 |

Integral launches on Arbitrum becoming the first DEX on L2 to enable MEV-protected swaps with TWAP trading and zero price impact for any order size.

  • Dec 2023 | Integral launches atomic relayer that provides atomic liquidity to aggregators.

  • Jun 2023 | Integral finished gas optimization.

  • Oct 2023 | Integral executed $10M volume daily for the first time, with only ~$1.5M TVL.

Nov 2023 |

Integral started distributing trading fees to liquidity providers.

Integral Insights

Updates

May 9th, 2024

Integral Insights April ‘24

The combined average daily volume across Ethereum and Arbitrum is now at 8.8 million USD, a remarkable 22% increase compared to last month.

Product

April 25th, 2024

Introducing New Pool Analytics: Elevate Your Liquidity Provision Experience

A standout feature in our latest update is the "LP vs Hold" tab, which provides a comparative analysis of various holding strategies against Integral's LP positions.

Business

April 1st, 2024

Integral Insights March ‘24

We achieved several important milestones, including a new all-time-high daily volume for Arbitrum and the addition of four new pools on the Ethereum mainnet.

Updates

March 4th, 2024

Integral Insights February ‘24

Another milestone was reached on February 21st when Integral processed over $2 billion in cumulative volume.

Updates

February 1st, 2024

Integral Insights: January ‘24

Our initial launch with the ETH-RPL pool was a success, quickly elevating us to the second most utilized liquidity pool for this pair’s trading.

Research

January 17th, 2024

Is Liquidity Fragmentation Really That Bad?

When the token evolves into a store of value, it attracts outside traders, focusing on trading costs and slippage. This is when concentrated liquidity truly shines.

Updates

January 2nd, 2024

2023 Review

At Integral, our focus remains on developing a sustainable product for on-chain trading, serving both traders and liquidity providers.

Updates

December 12th, 2023

Integral Now Rewards Liquidity Providers with Trading Fees on Ethereum Mainnet

This enhancement enables liquidity providers (LPs) to directly receive a portion or all trading fees from Integral pools.

Updates

December 6th, 2023

Integral Insights: November ‘23

During November, Integral processed an average of approximately 6 million in volume with around 1.5 million in TVL. The system’s overall capital utilization sits at around 350%. It is the 10th most used DEX on Ethereum.

Updates

November 28th, 2023

Integral Now Rewards Liquidity Providers with Trading Fees

This enhancement enables liquidity providers (LPs) to directly receive a portion or all trading fees from Integral pools.

Research

November 15th, 2023

How Do University Blockchain Societies Gain So Many Votes?

Explore how university blockchain societies like FranklinDAO and Michigan Blockchain have grown into influential players in DAO governance, utilizing delegated votes and strategic partnerships to shape the future of DeFi protocols like Uniswap, Compound, and Aave.

Updates

November 6th, 2023

Integral Insight: October ‘23

We give an update for our work in October and highlight a profitable LP position from a long-term user.

Research

October 26th, 2023

Understanding the Stakes in Lido’s Growing Share of Staked ETH

The community is arguing whether a protocol may have too much control over the Ethereum network. Lido controls a large percentage of staked ETH, which could have consequences for the network’s future security and neutrality.

News

October 14th, 2023

Changes to Staking and Farming

Looking back at our progress so far and to the future with new updates to staking and farming.

Updates

October 11th, 2023

Integral Insight: September ‘23

We give an update for our work in September with utilization going up on higher volume for our new pools.

Research

October 11th, 2023

The Hottest Narratives of the Summer

What were the hottest narratives of the summer? Our DeFi research team delves into the growth of trading bots, RFV traders and more in this overview.

Research

October 2nd, 2023

Uniswap Governance: A Deep Dive

Governance is considered a critical component for the decentralization and community-driven development of DeFi protocols. We take a look at one of the largest goverance ecostystems in DeFi, Uniswap. In this blog post, we'll discuss the landscape of Uniswap's governance, pulling data from empirical research to dissect the system's delegates and proposals, revealing some interesting findings.

Research

September 19th, 2023

What is the DAI Savings Rate (DSR)?

Our research team takes a look at the DAI Savings Rate and its influence on various yield dynamics in DeFi.

Updates

September 15th, 2023

Integral Insight: August ‘23

We give an update for our work in August with cheaper gas fees and the launch of the Integral Relayer on Arbitrum!

Product

September 7th, 2023

Integral Relayer Launches on Arbitrum

We are excited to announce the launch of the Atomic Relayer on Arbitrum. This will bring the efficient and tested system for atomic trades to the Arbitrum Layer 2 network!