D2 Finance Bi-weekly Grant Update

D2 Finance Grant Bi-Weekly Update

Date: March 06, 2024

I. Executive Summary:

With the active market D2 has made use of good trading conditions to generate organic volumes through GMX

  • D2 Finance has traded $2.35M volume in GMX V2 and is on track to meet $3m traded volume prior to March 15

  • D2 Finance currently has ~100k TVL in the GM pools

As we typically trade against the OI (open interest) imbalance, we also add liquidity to the side where it is needed. This, by definition, helps GMX to scale, as such we would request that the final Milestone 3 be considered fulfilled once our trading volume target of $3m volume traded to release the remaining 75k ARB.

a) Roadmap Progress

b) Milestone/KPI Achievements
c) Dune Dashboards


II. Current Progress:

  • D2 Finance has traded over $6.69M volume in the Arbitrum ecosystem (with modest TVL of ~$260k during proof of concept testing) as well as an additional $8mil on lyra

III. Community Engagement:

IV. Partnerships and Collaborations:

  • On-going discussions with key protocols including Premia, Silo, Gearbox

Thank you for the update