Integral Insights: Sept '24
Oct 4, 2024
As we bid farewell to September, we’re excited to share the latest developments and achievements at Integral. This month has been marked by significant integrations, impressive pool performance, and continued growth across Ethereum and Arbitrum deployments.
KyberSwap Integration: Expanding Our Reach
We're thrilled to announce that Integral has been integrated into KyberSwap. KyberSwap is a leading decentralized exchange aggregator and one of the earliest teams around in DeFi. This integration, live on both Ethereum and Arbitrum networks, marks a significant milestone in our mission to provide deep liquidity and efficient trading to a broader audience.
KyberSwap's official announcement highlighted:
"KyberSwap has just integrated a new DEX on Ethereum and Arbitrum! From now on, swaps can also be routed through @IntegralHQ liquidity pools"
This partnership not only expands our reach but also validates our unique approach to liquidity provision and trading efficiency. We're excited to see how this collaboration will benefit traders and further solidify Integral's position in the DeFi ecosystem.
Arbitrum Pools: Attractive Yields Without Incentives
One of the standout features of our Arbitrum deployment continues to be the attractive yields our pools offer, all without any additional incentives. This organic performance underscores the efficiency of our passive concentrated liquidity model. As of September 30, 2024, here are the APYs for our top Arbitrum pools:
WETH-USDC: 62.08% APY with $100,293 TVL
WETH-USDC.E: 55.92% APY with $65,361 TVL
WETH-USDT: 32.28% APY with $47,181 TVL
These impressive yields demonstrate the strong demand for our liquidity and the efficiency of our protocol in generating returns for liquidity providers.
September Protocol Metrics: A Deep Dive
Let's take a closer look at our protocol's performance across both Ethereum and Arbitrum for September 2024:
These metrics showcase the impressive performance of our pools, with particularly high utilization rates across both networks. The WETH-USDT pool on Ethereum stands out with an extraordinary utilization rate of 13,181.72%, indicating extremely efficient use of locked liquidity.
Looking Ahead
As we enter the final quarter of 2024, we're more excited than ever about Integral's trajectory. The KyberSwap integration opens up new possibilities for growth, while our consistently high yields on Arbitrum continue to attract liquidity providers. We're committed to further expanding our integrations, optimizing our passive concentrated liquidity mechanism, and enhancing the overall user experience for both traders and liquidity providers. Thank you for your continued support and trust in Integral. Together, we're reshaping the landscape of decentralized exchanges and pushing the boundaries of capital efficiency in DeFi. Stay tuned for more updates, and don't forget to follow us on Twitter (@IntegralHQ) for the latest news and announcements!