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.

With mean-0 IL farming, you get to eat more upside from the bull market.

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.

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.

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.

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%.

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.

Tags

Integral Insights

Updates

July 3rd, 2024

Integral Insights Jun ‘24

We are excited to announce that the distribution of this grant has begun in June. A significant portion of the grant is being allocated as liquidity incentives to our valued users.

Updates

June 13th, 2024

Integral Insights May ‘24

Business

June 6th, 2024

How to Participate in the Arbitrum Rewards Campaign

125,000 $ARB will be dedicated to a 3-month liquidity mining program focusing on store-of-value (SoV) token pairs such as WETH-USDC, WETH-USDT, WETH-wstETH, and WETH-ARB.

Updates

June 6th, 2024

Unlock High Yields with Integral's $225K ARB Grant from Arbitrum Foundation – Join Our Liquidity Mining Program Today

Integral has been awarded a significant grant of 225,000 $ARB from the Arbitrum Foundation under the Long-Term Incentive Pilot Program (LTIPP). This funding will drive the growth and adoption of Integral on Arbitrum, benefiting the entire ecosystem. With 125,000 $ARB dedicated to a 3-month liquidity mining program focused on key token pairs like WETH-USDC and WETH-ARB, liquidity providers can enjoy high yields and reduced trading costs. Additionally, 100,000 $ARB will be allocated to incentivize integrations with aggregators, solvers, and vaults, fostering a more interconnected DeFi environment. Join us and be part of this exciting journey to enhance liquidity and trading on Arbitrum!

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.