Unitus Monthly Recap — July 2024

Unitus
2 min readAug 7, 2024

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Dear Unitus Community,

Welcome to our Monthly Update series! July 2024 was an extraordinary month for Unitus, and we’re excited to share the highlights with you. So, let’s dive right in!

✨ Main events and announcements

  • Unitus launches the RWA market category! Users can already supply USDC or DigiFT‘s GMMF01 as collateral to unlock looping startegies and capital efficiency and earn extra rewards in $ARB through dForce’s “Arbitrum Summer Vibes” campaign. Click here to learn more.
  • Unitus adds (and incentivizes) sUSX among its collaterals! Available on Ethereum, Arbitrum, Optimism, Base, and BNB Chain, sUSX can be deposited and used as collateral to unlock liquidity and looping strategies, as shown in the infographic below. Click here to learn more.
  • The dForce’s “Arbitrum Summer Vibes” campaigns is ongoing, with an average of 9000 $ARB being distributed every week among several markets on Unitus!

Extra: Here’s an easy strategy to maximize yield using USX, sUSX and our Lending and Borrowing platform!

📊 Data Analysis

UTS and BLP

Here are some info on the current circulation of UTS as well as the total current liquidity staked as BLP.

Lending Protocol

As of August 7th, Unitus achieved a deposit value of $12.65 M, and a borrow value of $4.25 M. The cumulative deposit value equals to $4.287 B, while the accumulative deposit borrow is $2.235 B.

Please note that we could not fetch data from Conflux eChain, which is therefore excluded from the data analysis section of our report for the time being.

For a complete overview on Unitus’ data, check our Dune Analytics page: https://dune.com/unitusfinance/dashboard.

And that was all for now! Make sure to follow Unitus not to miss out the upcoming announcements and updates!

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Unitus
Unitus

Written by Unitus

The Next-Generation Multi-Chain Money Market

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