As we bid farewell to the month of July, here’s a breakdown of what’s been happening at Integral.
Consistent Volume and Utilization Continues
July has seen Integral continue to demonstrate consistency in volume, with only minor dips due to suspension and testing related to the new hashed order deployment. Integral has maintained its position among the top 20 DEXs based on volume. Impressively, we regularly rank in the top 5 concerning capital efficiency (TVL/volume). All of this completely on chain and without private market maker placements. More details can be found on our info site and DeFi Llama.
Gas Usage Reduced by 25%-30%
In our continuous efforts to optimize user experience, we successfully deployed an upgrade that reduced gas usage by an 25%-30%. Gas costs have already been reduced to be on par with a typical Uniswap swap, making Integral one of the most efficient venues to trade on chain. This is only the start with further gas improvements to atomic swaps coming soon. Our team is in active communication with various aggregators to discuss the changes and to make necessary adjustments to the integration.
Preparing for Arbitrum Deployment
Work on the atomic relayer continues as we make promising improvements in preparation for its deployment to Arbitrum. This will bring atomic swaps to Integral on Arbitrum, adding to the the current 30-minute TWAP orders. The atomic relayer continues to see high performance in routing atomic swaps through Integral pools, and now its time to expand its reach to Layer 2 networks!
Transition to a Better Testing Environment
We are in the process of transitioning our testnet from Goerli to Sepolia, a move designed to provide a more robust and efficient testing environment. This change will enable our team to conduct more effective tests, paving the way for continued innovation and improvements to our platform. You can test out the latest Integral functionality on Sepolia at https://testnet.integral.link.
Monthly Analytics
With the changes coming to the atomic relayer and the deployment on Arbitrum, we have been working with integrators and aggregators to update their routes for the new SIZE routers. This interrupted volume on some days this month. Otherwise, utilization and volume has stayed strong. Check out the data from this month here.
Looking Ahead
Thank you for being part of the Integral community. We invite you to stay tuned for more exciting developments in the coming months.
Catch up with us on Twitter, Discord or our blog to learn more about Integral and stay up to date with our progress.
