Integral Insights: November ‘23

This November has been another milestone for Integral as we rolled out the latest upgrade to Integral’s liquidity provision system, integrated our Arbitrum liquidity pool with aggregators, and more.

New Liquidity Provision System

On November 28th, we launched Integral’s latest liquidity provision system along with our Arbitrum version. This enhancement enables Liquidity Providers (LPs) to directly receive a portion or all of the trading fees from Integral pools. Currently, the WETH-USDC.e pool on Arbitrum is offering a 10.88% APR with real yield (7D avg). We plan to monitor this new feature for another week, then roll it out on the Ethereum mainnet version.

https://twitter.com/IntegralHQ/status/1729545599383404797?s=20

Arbitrum Pools Integrated

Since adding the atomic relayer to our Arbitrum version, we’ve worked closely with aggregator partners to integrate the Arbitrum pools. In November, Integral’s Arbitrum version was integrated by 1inch, Odos, and OKX aggregators. The pool is demonstrating remarkable capital efficiency, comparable to our Ethereum versions. 

With only $50k in Total Value Locked (TVL), it can handle approximately $300k in daily volume, achieving about 500% capital utilization. We anticipate that the new liquidity provision system will attract more liquidity, thereby further increasing the trading volume.

Research and Insights from Our Team

Our research team has been prolific, releasing blog posts discussing the most talked-about narratives from this summer and the latest controversy surrounding Lido. Additionally, we've delved into governance research with insightful posts about blockchain societies in universities, particularly focusing on their growing influence. Read more here: University Blockchain Societies

Monthly Metrics

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.

As we close another successful month, we're filled with optimism for what lies ahead. Our journey continues to be one of innovation and progress. Stay tuned for our year-end review, where we'll reflect on our achievements and share our vision for the future. Your support and feedback are what drive us forward. Together, let's shape a more efficient and inclusive financial ecosystem.

None of the information contained here constitutes an offer (or solicitation of an offer) to buy or sell any currency, product, or financial instrument, to make any investment, or to participate in any particular trading strategy.