Continued from Part 1
DEX Aggregators
1inch.exchange & Matcha.xyz
1inch and Matcha are growing remarkably this year, and even their audiences are not overlapping. Does it mean that there is enough room for many (not only one) aggregators? It might be.
DeFi
Aave.com & Compound.finance
(Audiences are overlapping among DeFi products, so I put Engagement instead)
The rank trend of Aave is following the market overall trend, while Compound’s trend is similar to Uniswap’s. And the engagement stats of Aave is better - this might be an explanation for the valuation gap.
Synthetix.io
Synthetix’s growth is similar to DEX aggregators’. L2 announcement could be a catalyst, but the trend seems to continue.
Alphafinance.io
Alpha is growing, just like Sushiswap. Their engagement stats are also good. The audience overlapping sites are Barnbridge, Hegic, Pickle, Keeper, and Cream.
Others
I arbitrarily chose two small products showing interesting trends.
Keeperdao.com
Keeperdao is in the field of the miner extractable value and arbitrage. They are growing constantly. And.. does anyone know about duckdao?
Bao.finance
Bao finance is a synthetic asset platform using LP tokens, and they are getting tractions from influencers recently.
About the author: Vault research is a product manager/researcher in Seoul.