
๐๏ธ๐งโ๐ฌ @gyroscope. Decentralized finance, applied math, network science. Prev: PhD at Cornell, analytics MBS/ETFs/indices
12 Followers
$GYFI is launched, but there's more on @gyroscope's roadmap. Coming shortly: - Dynamic Pools: make efficient LPing for Volatile Pairs even simpler - Volatile Pair 3-CLPs: 100% efficiency boost by concentrating liquidity across 3 assets (first of its kind)
How superliquid is @Gyroscope? GYD is brand new on @base.base.eth and already turning over 3.8x its circulating supply in the last 24 hrs. With a swap volume of ~$700K. Demonstrating its ability as a uniquely liquid hub asset.
And from another angle, Gyro monthly active users has grown 5-fold 15K โ 75K Almost entirely from Volatile Pairs on Base https://x.com/ljfgudgeon/status/1890066476759236997
How are @gyroscope's new Dynamic Pools doing? Here's ETH/USDC on Base measured by market making PnL (TVL-adjusted markouts). Noticeably the best performance for this pair at the pool level. And it serves passive LPs. Let's walk through what this means ๐ **Why markouts?** Markouts compare the execution prices LPs receive in a liquidity pool against the โtrueโ prices on CEXs. - Positive markouts means LPs are making a trading profit. - Negative markouts means LPs are leaking value to arbitrageurs.