Unitus Monthly Recap — March 2024

Unitus
2 min readApr 9, 2024

Dear Unitus Community,

Welcome to the inaugural edition of our Monthly Recap series! In each episode, we aim to provide comprehensive coverage of Unitus’ latest developments, delve into the performance of our protocol and of the $UTS token. March 2024 marked an exceptional period for Unitus, and we can’t wait to share the highlights with you. So, without further ado, let’s dive right in!

✨ Main events and announcements

  • Unitus unveils its upcoming V2! Featuring Segregated mode for emergent assets, Supercharged Mode to boost capital efficiency, and Time-locked contracts for added security, Unitus V2 is set to revolutionize the DeFi lending and borrowing experience for users and projects! Click here to learn more.
  • Unitus expanded to Base! The UIP004 was shared to collect consensus to deploy Unitus on the Base network! The deployment of the lending protocol as well as the expansion of the $UTS Liquidity Mining campaign to Base was then officially completed on Thursday, April 4th. Click here to learn more.
  • Completion of STIP Campaign on Arbitrum: The STIP campaign on Arbitrum, powered by dForce, has concluded successfully, marking a significant achievement for the platform. Unitus TVL raised from $7.76 M before the beginning of the campaign to more than $33 M later in March!

📊 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 April 1st, Unitus achieved a deposit value of $39.195 M, and a borrow value of $12.270 M. The cumulative deposit value equals to $2.779 B, while the accumulative deposit borrow is $1.761 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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