Integral Insights February ‘24

February was a remarkable month for Integral, characterized by a series of significant achievements propelled by the current bull market. We are excited to share with you the milestones we reached, the new developments, and the impressive metrics we've recorded.

Protocol Metrics Overview

Integral has shown consistent performance throughout February. Our average daily volume stood at approximately $6.3 million, demonstrating robust trading activity on our platform. By the month's end, our Total Value Locked (TVL) reached a solid $3 million, underscoring our protocol's growing trust and utility within the community.

https://twitter.com/IntegralHQ/status/1763176479918277072?s=20

https://twitter.com/IntegralHQ/status/1763176479918277072?s=20

https://twitter.com/IntegralHQ/status/1763176479918277072?s=20

Breaking Records: All-time-high Daily Volume

On February 28th, Integral achieved a new all-time-high daily volume. Our Ethereum version processed a staggering $13 million in volume, with a TVL of $2.81 million. Meanwhile, our Arbitrum version also showed impressive performance, processing $1.05 million in volume with a TVL of $170k.

https://twitter.com/IntegralHQ/status/1763176479918277072?s=20

Surpassing $2 Billion in Cumulative Volume

Another milestone was reached on February 21st when Integral processed over $2 billion in cumulative volume. This monumental achievement highlights our platform's significant impact and growth in the DeFi space.

https://twitter.com/IntegralHQ/status/1763176479918277072?s=20

Climbing the Ranks on DeFillama

Our efforts and performance were recognized on February 26th when Integral soared to the 7th spot among all Ethereum DEXs in daily volume. This achievement reflects our increasing prominence and competitiveness in the DeFi ecosystem.

https://twitter.com/IntegralHQ/status/1763176479918277072?s=20

Staking-themed Listing Success: ETH-LDO

In February, we continued to focus on staking-themed listings, notably with Lido. We launched the ETH-LDO listing on our mainnet, quickly establishing it as a highly popular liquidity venue for this pair. With a TVL of approximately $130k, the pool has already seen significant trading volumes and offers an attractive swap fee Annual Percentage Rate (APR) of roughly 18.39%.

https://twitter.com/IntegralHQ/status/1763176479918277072?s=20

Arbitrum Long-term Incentive Program

We recently applied for the Arbitrum Long-term Incentive Program (LTIP) and were assigned advisors from SeedGOV. This proposal aims to enhance the general trading experience on Arbitrum, encourage the use of Integral by bluechip token communities for managing their community-owned liquidity, and foster integration with smart contract and DeFi products.

For more details on our LTIP application, visit the Arbitrum Foundation Forum.

February was indeed a month of celebration for us at Integral, thanks to our community's support and the hard work of our team. We're motivated to maintain this momentum and continue to deliver value to our users. Stay tuned for more updates and milestones as we move forward in our journey.