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10 unissued new projects, explore the new world together

Original article by Sergio Gallardo

0x711, BlockBeats

Encryption KOLSergio GallardoBlockBeats has shared the introduction of 10 upcoming (unissued) new projects on its social platform, which has been translated as follows.

IVX

IVX is an option AMM built on top of GMX. Users can use LP as countertrades to trade options. AMM will accumulate exposure to the underlying Token via GMX to maintain a delta neutral position. The deal will launch on Arbitrum in January.

DYAD

DYAD is building an over-pledged Stablecoin powered by ETH. A dNFT holder can mint a DYAD by depositing ETH as collateral and from a normalized re-balance vault. A DYAD can always be exchanged for $1 ETH. The test site is expected to launch soon.

Contango

Contango allows users to trade expirable contracts without an AMM or an order book. Its liquidity comes from fixed-rate agreements such as Yield Protocol and Notional Finance. A public beta will be available on Arbitrum in the next few days.

Monad

Founded by Jump Trading's former HFT team, the project is an EVM-compatible Layer1 PoS blockchain. Monad uses parallel execution techniques to achieve tps up to 10,000. The v0 version will be available in summer 2023.

GammaSwap

The project is a decentralized trading platform that allows users to go long or short volatility. LPing means shorting volatility. LPers can deposit their LP to earn income, while traders who want to go long volatility can borrow the LP position and break up the trade pair. Coming soon.

nftperp.xyz

The agreement is a perpetual futures DEX for NFT, allowing traders to go long or short against the floor prices of different NFT collections at up to 5 times leverage. nftperp uses vAMM, which means there is no order book or LP. The protocol was just released in beta two weeks ago.

Aevo

Aevo is an options trading platform based on the order book model, built by Ribbon Finance ina custom rollup on Ethereum. It will be integrated with Ribbon as a clearing place for Ribbon options contracts. Aevo is currently in private beta and is expected to launch in the first quarter of 2023.

Panoptic

Panoptic is a perpetual options agreement that uses Uni v3 LP positions to trade long and short options. Panoptic recreates options such as revenue in the point-to-pool model without relying on Black Scholes logic.

rysk finance

rysk aims to provide products that generate revenue in a variety of market conditions. It relies on a dynamic hedging vault (DHV) built on opyn² to generate a delta-neutral return for LP. The protocol is currently running as a private beta on Arbitrum.

Perennial Labs

Perennial is a derivatives agreement that allows the creation of bilateral markets that trade on exposure to the underlying asset's feeding price. Perennial acts as a point-to-pool derivative AMM. Perennial runs on Ethereum and will launch on L2s in the near future.