Arbitrum生态迎来春天，分享值得关注的8个新兴DeFi项目

Zyberswap是一个DEX，于1月下旬上线，其代币在一月底曾死亡螺旋至接近归零。但得益于Layer2上DeFi的复苏，近期ZYBER-ETH池和ZYBER-USDC池的APR接近2000%，且ZYBER的价格维持稳定和上涨的趋势。在Arbitrum上DEX龙头Camelot的TVL只有6273万美元，且FDV高达3亿美元的情况下，DEX赛道可能还有发展空间。

Zyberswap is a DEX, which took off in late January, and whose tokens were killed at the end of January to near zero. But, thanks to the recovery of DeFi at Layer2, the recent APRs at ZYBER-ETH and ZYBER-USDC pools are close to 2,000%, and ZYBER prices remain stable and rising. There is only $62.7 million in TVL for the DEX Dragonhead Camelot on Arbitrum, and the FDV is as high as $300 million.

在产品上，Zyberswap也有Uniswap V2 + Curve类型的DEX和Launchpad，但代币并没有Camelot复杂的锁仓机制。非稳定币池的交易手续费为0.25%，LP获得0.15%，锁仓ZYBER的用户可以分享一部分。

For products, Zyberswap also has Uniswap V2 + Curve-type DEX and Launchpad, but the token does not have a sophisticated lock-up mechanism for Camelot. The transaction fee is 0.25% for non-stabilized currency pools, LP gets 0.15%, and users of ZYBER can share part of the lock-up.

目前Zyberswap的TVL为9000万美元，超过了Camelot。

The TVL of Zyberswap currently amounts to $90 million, which exceeds Camelot.

SolidLizard

一个Fork自Solidly的DEX。在知名DeFi开发者Andre的支持下，Solidly曾经坐拥20多亿美元的流动性，但在Andre宣布退出之后一路向下。目前，ve(3,3)模型在Optimism的Velodrome和BNB链的Thena上都取得了不错的成绩。

Fork from Solidly's DEX. With the support of the well-known DeFi developer, Andre, Solidly had more than $2 billion in liquidity, but went all the way down after Andre announced his withdrawal. Now, the v(3.3) model has done well on the Verodrome of Optim and Thena of the BNB chain.

SolidLizard也开始在Arbitrum上发力，目前TVL为3469万美元，过去24上升158%。在ve(3,3)这一类项目中，流动性提供者通常并没有很强的意愿去质押DEX的原生代币。而在SolidLizard中，质押SLIZ代币之后还会使流动性提供者挖矿收益提升，算是在代币方面一个小的改进。

Solid Lizard has also started to work on Arbitrum, which currently stands at $34.69 million in TVL, an increase of 158% over the past 24 years. In projects like ve (3,3), mobile providers usually do not have a strong will to pledge the original DES coins.

GMD Protocol

GMD Protocol是一个收益优化和聚合平台，它采用接近delta中性的策略获得收益，收益的一半进行复投，另一半作为协议收入，分配给治理代币GMD的利益相关者。

GMD Protocol is a revenue optimization and convergence platform that benefits from a strategy that is close to delta neutrality, with half of the proceeds reinvested and the other half distributed as agreement revenue to GMD stakeholders.

GMD通过将LP代币中的资产拆分成单一资产，让不同的用户存入，再用LP代币获得收益，从而使不同的存款人的风险都接近于delta中性。

By dividing assets in LP tokens into a single asset, allowing different users to deposit and then reap the proceeds in LP tokens, GMD has brought the risk for different depositors closer to Delta neutrality.

例如针对GLP的策略，存款者可以存入WBTC、ETH、USDC三种资产中的任意一种，由于每种资产的Vault根据GLP的资产构成设定好了限额，可以模拟出GLP的资产占比。对于单一资产的存款人，这个策略是接近于delta中性的。

For example, the GLP strategy allows depositors to deposit in either of the three assets WBTC, ETH, USDC, which is close to delta neutral for single-asset depositors, as each asset, Vault sets a limit based on the GLP's asset composition.

近期GMD的TVL创下新高，过去一周上涨78%。

The GMD TVL has recently reached a new high, rising by 78 per cent over the past week.

Gammaswap

Gammaswap允许交易者杠杆做多波动性或对冲无常损失，它构建了一个用户和AMM的中间层。流动性提供者可以通过支持的AMM提供流动性，并将LP代币存入Gammaswap中。需要对冲无常损失的人可以以LP中的一种资产为抵押品，杠杆借入LP头寸并将LP分离成单一代币，支付利息；存入LP的流动性可以获得存款收入。如果波动较大，无常损失较大，分离成单一代币的策略将获利。

Gammaswap, which allows traders to leverage multi-volatile or hedge losses, builds an intermediate layer of user and AMM. Liquid providers can provide liquidity through supported AMMs and deposit LP tokens in Gammaswap. People who have lost an unusual asset can be held hostage by leveraging LP positions and separating LPs into a single currency to pay interest; liquidity deposited in LPs can generate deposit income. If volatility is greater, unusual losses are greater, the strategy of segregating into a single currency will be profitable.

Gammaswap正在寻求和众多DeFi项目的合作，且已在OlympusDAO社区发起的提案，其中提到OHM/ETH交易对提供流动的年度APR约为1.35%，但是无常损失约为2.1%，提供流动性还会导致亏损。因此Gammaswap提议将Olympus协议拥有的流动性的1%（50万美元）存入Gammaswap中以获得更高的收益。该项目获得过Balancer的Grant，有融资，还未发币。

Gammaswap is seeking cooperation with numerous DeFi projects and has initiated a proposal in the Olympus DAO community, which mentions that the OHM/ETH transaction is about 1.35% of the annual APR for the provision of mobility, but that the irregular loss is about 2.1% and the provision of liquidity can also result in a loss. Gammaswap therefore proposes that 1% of the liquidity held by the Olympus agreement (US$ 500,000) be deposited in the Gammaswap for higher returns.

WINR Protocol

WINR Protocol是一个为链上流动性和激励设计的项目，它根据GLP构建了流动性池WLP，其中包括50%的DAI、35%的ETH和15%的WBTC。

WINR Protocol, a project designed for chain mobility and incentives, constructed the Liquid Pool WLP based on GLP, which includes 50 per cent DAI, 35 per cent ETH and 15 per cent WBTC.

其它项目的开发者也可以通过WINR DAO提案后将自己开发的游戏接入WINR的流动性池，为游戏玩家提供直接支付。提供流动性的用户也就是这些游戏玩家的对手盘。

The developers of other projects can also make direct payments to game players by connecting their games to the WINR liquid pool through the WINR DAO proposal.

例如，一个杠杆看多/看空的游戏，可以提供抵押品，并通过WLP进行交易。WINR通过去中心化预言机生成未经篡改的随机数，也适合其它博彩类游戏，该团队还在WINR生态中开发了Justbet。

For example, a leveraged/empty game can provide collateral and be traded through the WLP. WINR generates unmodified random numbers by decentralizing the prophecies, which are also suitable for other colour games, and the team has developed Justbet in the WINR ecology.

WINR Protocol将于3月6日在Camelot上IDO。

WINR Protocol will host IDO on Camelot on March 6.

Nitro Cartel

Nitro Cartel团队计划在Arbitrum生态中构建指数产品Arbitrove，提供一篮子Arbitrum原生资产的风险敞口。

The Nitro Cartel team plans to construct Arbitrove, an index product in the Arbitrum ecology, to provide a risk exposure to a basket of Arbitrum original assets.

Arbitrove的第一个产品为ALP指数，包括GMX、MAGIC、GRAIL、DPX、JONES、RDNT、GNS这几个Arbitrum生态中头部项目的治理代币。

The first product of Arbitrove is the ALP Index, which includes the governing tokens for several Arbitrum eco-heading projects, such as GMX, MAGIC, GRAIL, DPX, JONES, RDNT and GNS.

用户可以以ETH为本金铸造ALP，并将ALP质押在Arbitrove上赚取esTROVE，Arbitrove用底层资产通过流动性挖矿赚取收益，并分配给用户。

Users can use ETH as their principal to forge ALPs and pledge ALP to earn esTROVE on Arbitrove, where bottom assets are used to generate revenues from mobile mining and are distributed to users.

Arbitrove于2月17日-20日在Camelot上IDO。

Arbitrove had an IDO on Camelot from 17 to 20 February.

Perpy Finance

Perpy是一个GMX的跟单系统。任何Trader都可以在Perpy中创建Trading Vault，将钱包地址和推特账户绑定，分享到推特中，吸引人跟单。选择跟单的人可以在这些Trading Vault中存入资金，创建者用这些资金在GMX上交易，并从中赚取一定的绩效费。每一个Trading Vault都相当于一只基金，创建Vault的Trader也就是基金管理者。

Perpy is a tracker system for GMX. Any Trader can create a Trading Vault in Perpy, binds wallet addresses and Twitter accounts, shares them on Twitter, and attracts people. The person who selects the list can deposit funds in these trading Vauld, which the creator deals on GMX, and earns a certain performance fee. Each Trading Vault is equivalent to a fund, and the trader who created the Vauld is the fund manager.

目前Perpy Finance的产品已经上线，总交易量只有185万美元，Perpy的原生代币PRY将于3月16日在Camelot上IDO。

The product of Perpy Finance is now online, with a total transaction volume of only $1.85 million, and Perpy's original currency, PRY, will be on Cameron's IDO on 16 March.

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