Integral Insights May ‘24

May has been a remarkable month for Integral, marked by significant achievements and strategic advancements. Here’s a detailed recap of some key highlights:

Volume and TVL Metrics

Integral’s volume has been stable in May. According to Defillama, Integral is now #12 on Ethereumand #15 on Arbitrum based on trailing 7d volume.

We continue to make new highs on Arbitrum. Here are some highlights from our Arbitrum pools:

  • WETH-USDC.e:
    • Average TVL: $80,780.32
    • Total Volume: $21,014,817.45
    • Utilization Rate: 260.15
  • WETH-USDC:
    • Average TVL: $78,280.83
    • Total Volume: $30,928,526.32
    • Utilization Rate: 395.06
  • WETH-USDT:
    • Average TVL: $46,223.31
    • Total Volume: $2,870,974.29
    • Utilization Rate: 62.11
  • WETH-WSTETH:
    • Average TVL: $30,612.37
    • Total Volume: $3,210,657.67
    • Utilization Rate: 104.89
  • WETH-ARB:
    • Average TVL: $13,297.69
    • Total Volume: $2,355,982.67
    • Utilization Rate: 177.19

The utilization rate is a key metric that indicates how efficiently a pool’s liquidity is being used to facilitate trading. It is calculated by dividing the total trading volume by the average TVL. A higher utilization rate suggests that a pool is generating more trading activity relative to the liquidity locked in it. For example, the WETH-USDC pool has a utilization rate of 395.06%, meaning that for every dollar of liquidity locked in the pool, Integral was able to facilitate $395.06 worth of trading volume. This high utilization rate demonstrates the popularity and efficiency of the WETH-USDC pool on our platform.

Furocombo Integration

We are thrilled to announce our strategic partnership with Furucombo, a leading DeFi platform known for its innovative approach to trading and liquidity management. This collaboration marks a significant milestone for Integral, as we integrate our pool into Furucombo Solver’s sources. Here’s what this means for our users:

  • Enhanced Stability and Prices: By integrating Integral’s pool, Furucombo aims to improve the stability and prices of its Solver system, ensuring a more reliable trading experience.
  • Improved Trading Experience: Users can now benefit from Integral’s passive concentrated liquidity, enhancing their trading capabilities.

We are excited about the potential of this partnership and look forward to bringing more value to the DeFi community.

Arbitrum LTIP Grant

In April, we proudly secured an impressive 124 million $ARB votes to win the Arbitrum LTIP (Long-Term Incentive Program) grant. Our proposal for 225,000 $ARB in funding is a testament to our strong community engagement and commitment to the ecosystem. Here are some key updates:

  • Incentive Distribution: A significant portion of this grant will be distributed as liquidity incentives to our valued users. The incentives are set to begin being distributed in June.
  • Developer Rewards: Developers who integrate our liquidity on Arbitrum will also receive rewards, fostering further innovation and growth within the ecosystem.

We deeply appreciate the overwhelming support from the Arbitrum community and are enthusiastic about working together to enhance trading on the platform.

Looking Forward

With the grant funding secured and strategic partnerships in place, we are entering an exhilarating phase of growth and innovation. Our team is focused on making our platform the premier destination for trading and liquidity provision on Arbitrum. Stay tuned for the exciting updates coming in June!

Thank you for your continued support and engagement. Together, we are shaping the future of DeFi trading and liquidity management.

Stay connected with us on Twitter and Discord for the latest updates and announcements.

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.