Integral Insights March ‘24

March was a truly special month for us at Integral. Not only did we celebrate our third anniversary, but we also witnessed the return of a significant bull market. During this eventful month, 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. None of this would have been possible without the support and dedication of our incredible community. We want to express our heartfelt gratitude to all of you!

Protocol Metrics

The bull market has driven a substantial volume to Integral, with our average daily volume reaching approximately $7.2 million across Ethereum and Arbitrum combined. This impressive figure highlights the strong trading activity on our platform. By the end of the month, our Total Value Locked (TVL) reached a remarkable $3.14 million, showcasing the growing trust and utility of our protocol within the community.

It’s important to note that following the Ethereum mainnet deployment’s new ATH daily volume, our integration with 1inch has been affected. Developers from both teams are aware of this issue and are diligently working to resolve it.

Breaking Records: All-time-high Daily Volume

The bull market also brought us two new ATH numbers. On March 20th, the Ethereum mainnet deployment processed $13.6mm, surpassing the previous record of $13.2mm. Similarly, on March 27th, the Arbitrum deployment processed $2.87mm, breaking the previous record of $2.68mm.

Four New Pools

We are excited to announce the addition of four DeFi bluechip token pairs to our Ethereum mainnet deployment. These new pools include WETH-MNT, WETH-UNI, WETH-LINK, and WETH-MKR, further diversifying the options available to our users.

Arbitrum Long-term Incentive Program

We have successfully completed our application for the Arbitrum Long-term Incentive Program (LTIP) with the assistance of our assigned advisors from SeedGOV. The shortlist will be announced on April 3rd, and we eagerly await the results.

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

Closing Remarks

As we mentioned at the beginning, March marks the third anniversary of the Integral project. We are immensely grateful for your unwavering support. One of our early community members recently reached out to us, saying, “I have been watching and expected that due to the successes, all would be good with the token. For me, it was an invest and forget till next bull run.” Rest assured, we will continue to work tirelessly to make Integral the go-to platform for passive concentrated liquidity farming.

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.