This week, we pinpointed several promising ventures that stand out in a crowded landscape. Although our comprehensive code reviews are still underway, these projects have captured our attention through rigorous fundamental analysis. As we delve deeper, we invite you to take an exclusive first look at these exceptional opportunities. Stay tuned for more insights!
Vertex – 62.50%
Sector – DEX
Status – Active
FDV – $135M
TVL – $84.7M
Vertex is a decentralized exchange (DEX) protocol built on the Arbitrum network, offering an array of features such as spot trading, perpetual contracts, and an integrated money market. It aims to provide users with a comprehensive application that combines these functionalities into a single platform. Vertex delivers robust, scalable infrastructure for high-frequency traders (HFTs) and automated traders via the Vertex API and SDK.
A standout feature of Vertex is its universal cross-margin capability, which allows users to consolidate liabilities and offset margins across multiple positions. This cross-margin functionality is a default feature, meaning a user’s trading account serves as collateral across various open positions. This approach enhances traders’ capital efficiency and risk management.
Vertex offers the following products –
Spot Markets – Vertex’s Spot Markets enable the buying and selling of crypto assets for immediate delivery and payment. Like a traditional exchange, users can trade their preferred assets 24/7 while retaining custody of their spot assets on-chain.
Perpetual Markets – Perpetual Markets offer a unique trading option with perpetual futures contracts. They allow users to speculate on the price movements of crypto assets without owning them. With leverage up to 10X, traders can amplify their exposure or hedge their risk.
Money Market – Vertex’s Money Market enables users to borrow and lend in a decentralized manner. Users can earn interest on idle assets or borrow against their portfolio margin. This money market is directly integrated into the DEX, creating a convenient and secure financial environment for users.
Investors
Token
$VRTX is the native utility token of Vertex, designed to incentivize long-term commitment to the ecosystem. Participants who stake $VRTX, engage in marketing for the protocol, use Vertex, or refer others to the platform can receive rewards in $VRTX tokens. The maximum supply of $VRTX is capped at 1 billion. The utility of $VRTX within the decentralized exchange (DEX) encompasses several key functions. Firstly, staking $VRTX contributes to the security of the Vertex ecosystem. Secondly, it rewards varying contributions and long-term commitments to the protocol. These rewards incentivize ongoing participation from contributors who transact or trade on the protocol, engage in off-chain marketing, or provide referral activities. Participation in the protocol’s incentive program requires staked $VRT, indicating a user’s commitment and assurance of standards. Additionally, staking $VRTX generates a user score, known as voVRTX, which significantly promotes security and long-term commitment to the protocol.
Where can you buy the token?
You can buy $VRTX from exchanges like Bybit, BingX, and Vertex.
Orion – 62.50%
Sector – DeFi
Status – Active
Orion Protocol offers a comprehensive platform aggregating liquidity from leading centralized and decentralized exchanges, providing extensive access to the cryptocurrency market. As a decentralized platform, Orion Protocol consolidates the liquidity of the entire crypto market into a single interface. This approach goes beyond merely collecting price data from various sources; it enables users to execute trades directly through the platform, accessing liquidity from any selected market. Orion is working towards changing its name to Lumia to become the liquid layer.
Features
Unique Liquidity Aggregator: Orion Protocol integrates an aggregator, enabling access to multiple exchanges from one platform and providing spot prices for supported cryptocurrencies.
Internal Price Matching Engine: Orion Protocol matches orders peer-to-peer using its internal decentralized exchange (DEX), reducing dependency risks and offering nearly instant execution.
Non-Custodial Platform: Users control their funds, reducing hacking and theft risks, with direct transfers to external wallets post-purchase.
Cutting-Edge Technology: Advanced tech ensures fast order execution, optimized price feeds, and seamless complex swaps, enhancing trading efficiency and reliability.
Community Empowerment: Users can engage in token listing, contribute to liquidity pools, and participate in referral programs, fostering a vibrant and inclusive ecosystem.
Token
As per the recent proposal by the Orion Protocol, they are transitioning from their original $ORN token to $LUMIA token. The details haven’t been disclosed yet.
The $ORN token was integral to the Orion ecosystem, powering its decentralized liquidity network governed by Orion DAO Governance Stakers. Like Ethereum’s proof-of-stake system, users stake $ORN to Liquidity Nodes, earning rewards for securing the network and facilitating trades across Orion’s platforms: mobile app, Terminal, Widget, and third-party integrations. Demand for liquidity nodes and $ORN staking increases as Orion expands, increasing utility. $ORN serves various functions, including fee payments, staking rewards, governance voting, and access to advanced features like margin trading. It had a capped supply of 100 million.
Where can you buy the token?
You can buy $ORION from exchanges like Bitget and Binance.
InstaDapp- 62.50%
Sector – DeFi
Status – Active
FDV – $160M
TVL – $108M
InstaDApp (INST) is a decentralized application (DApp) that integrates multiple decentralized finance (DeFi) protocols into a single platform, allowing users to manage all their funds seamlessly.
The Instadapp protocol, known as ‘DSL,’ functions as middleware, aggregating various DeFi protocols into an upgradable smart contract layer. This design enables Instadapp to leverage the potential of decentralized finance fully. The core features of DSL are account extensions and upgradability. The unique upgradeability feature ensures that INST governance upgrades maintains, and manages new extensions. Additionally, DSL includes an operability layer that serves as an ‘Account Extension,’ granting users access to new and unique functionalities for their DSL accounts. These extensions and the ongoing evolution of the platform create a DeFi hub where new use cases and extensions can be developed, such as Flash Loan Modules, Authority extensions, and L2 extensions.
InstaDapp offers the following products –
Fluid: Fluid offers advanced portfolio management by optimizing capital efficiency and enhancing asset utilization across protocols through a single consolidated liquidity layer. It dynamically readjusts protocols, such as Automated Limits, to restrict large-scale movements and provide security against exploits.
Avocado: Avocado is a secure wallet featuring multi-chain multi sig capabilities for an EOA-like experience, a unified gas tank, and enhanced security across more than 11 networks. It includes two-factor authentication (2FA) to ensure security across all chains.
Instadapp Lite: Instadapp Lite provides a simple way to earn interest on popular DeFi assets. Users can deposit funds into their chosen Strategy Vault and let Instadapp Lite handle the rest. It maximizes gains by reducing the number of transactions, saving on gas fees, automating fee collection, and simplifying the overall process of setting up and monitoring a DeFi strategy.
Investors
Token
$INST is the native governance token of the Instadapp ecosystem, empowering token holders to shape its evolution. These tokens incentivize users, developers, and businesses within the platform. $INST token holders play a crucial role in governing the ecosystem, including establishing the authority framework, overseeing system upgrades, managing liquidity sources and bridges, determining the addition of platform extensions, and governing the allocation of ecosystem funds.
Where can you buy the token?
You can buy $INST from Uniswap V3(Ethereum), MEXC, and CoinEx.
Lemonade -60.42%
Sector – Social
Status – Active
Lemonade is a social platform that enables users to establish Stands effortlessly. It is equipped with no-code tools for permissionless commerce, censorship-resistant coordination, and seamless integrations with existing communities on the blockchain. Dubbed the United States of Lemonade, the platform empowers its users by facilitating creation, collaboration, and communication. Event organizers, creators, and companies can leverage on-chain Lemonade Stands to foster and expand their communities.
Identity – The platform prioritizes user privacy through self-sovereign identity, giving individuals full control over their data. This includes decentralized storage to protect against breaches and eliminate reliance on vulnerable central databases. Users benefit from a unique digital identifier, instant self-authentication, and controlled data sharing, maintaining utmost privacy.
Community Building – For event management, the platform offers robust features for hosting, managing, and promoting both in-person and virtual events. From ticketing to attendee management and engagement, organizers can easily execute events of any format. Similarly, community management tools allow users to customize appearances, control access, and establish governance rules. Members can propose initiatives and manage funds securely through dedicated treasuries, fostering vibrant, engaged, and well-governed blockchain communities tailored to their security, compatibility, and flexibility needs.
Token
Lemonade Stands are constructed on a vertically integrated protocol-platform-product stack designed to deliver a seamless user experience for creators and brands aiming to cultivate communities on the blockchain. Central to this ecosystem is the $LEMON token, functioning as an alternative currency to fiat, fostering inclusivity by enabling users to economize on time and costs. Participants can utilize $LEMONS to optimize efficiency and financial resources while investing time and capital to accrue $LEMONS in return, reinforcing a cyclical economic model within the ecosystem.
Halo – 60.42%
Sector – Social
Status – Active
Halo is a dedicated Web 3 social media application focused on establishing a monetization layer within the SocialFi sector. It aims to create a fair paradigm for allocating personal social influence value. The platform strives to provide users with an all-encompassing space to manage all crypto-related activities seamlessly. By integrating “SocialFi” elements, Halo enables users to earn rewards for their social interactions and contributions, including content creation, engagement, and community building. Within the Halo ecosystem, a substantial repository of social content facilitates the provision of competitive AI datasets to AI companies.
Features
- Unified Asset Management: Users can seamlessly manage tokens, including swapping, earning, on/off-ramping, and general asset management, all within the secure and cost-effective environment of halo.social.
- Monetization of Social Value: Participants on halo.social earn Halo XP and future token rewards for their contributions, ensuring all users benefit from their social engagement.
- Real-Time Market Insights: Users can track current market trends by monitoring influencer wallets and their activities on the blockchain, providing valuable insights into on-chain activities.
- Web 3 Identity Integration: Through Halo membership, users can connect their profiles, followings, posts, accounts, loyalty metrics, and other activities, establishing a comprehensive Web 3 identity within the platform.
Investors
Token
Halo is focused on building a decentralized social monetization layer where the $HALO token is critical. It serves as governance credentials, incentivizes user participation, and acts as the primary payment method within the ecosystem. Halo tokens are essential for settling revenues from AD and AI corpora commercialization, penalizing malicious actions, and facilitating payments for social activities like browsing paid content, tipping creators, purchasing virtual goods, and participating in community governance by staking tokens. As the platform evolves towards node governance, tokens will continue to play a pivotal role in securing governance rights and expanding ecosystem functionalities.