Arbitrum and its wider ecosystem are on fire right now.

I've found many DeFi protocols with a lot of potential.

Why I'm investing in Arbitrum and a breakdown of my portfolios that you can copy

🧵/22

1/22

In this thread I'll go through the following:

1️⃣ What is Arbitrum

2️⃣ What makes it so special?

3️⃣ 3 great DeFi protocols you must know about

4️⃣ Strong DeFi protocols with lots of upside

5️⃣ An update on my 2 Arbitrum portfolios
2/22

1️⃣ What is Arbitrum

Arbitrum is Ethereum's biggest Layer 2 to date. ⚡️

A Layer 2 blockchain is an extension of Ethereum that benefits from the security assurances provided by Ethereum while operating independently.

It can do all of this because it's an Optimistic Rollup
3/22

Optimistic Rollups speed up Ethereum's smart contract by using a second-layer chain to handle most of the work, while still recording everything on the main chain for security. 🔒
4/22

2️⃣ What makes it so special?

Everybody has been calling Arbitrum their new home, but why?

It's been growing at an astonishing rate for many months and it currently sits as the 4th biggest chain by TVL and as the 3rd biggest chain for its 24hrs trading volume. 🤯
5/22

It also has something worth more than any kind of TVL.

And that is its community.👥

Arbitrum has one of the most vibrant and innovative communities in the whole DeFi space🚀

Innovation happens at a large scale when there are developers wanting to create better products.
6/22

3️⃣ Great DeFi protocols you must know about

1. ✅ @GMX_IO

It has earned its spot as Arbitrum's absolute Real Yield King. 👑

GMX is a decentralized perpetual exchange that facilitates spot and perpetual trading with minimal fees and zero price impact.
7/22

The exchange features a multi-asset pool called GLP that enables market making, swap fees, and leverage trading, generating income for liquidity providers and stakers of its main token, $GMX .
8/22

$GMX's market cap has increased massively throughout 2022 and even during this year.

It now sits at $640mln with a Fully diluted valuation of 1bln.
9/22

It's been such a success that it also got deployed on @avalancheavax and it shares a stunning $633mln of TVL between both chains. 💸

GMX also generates $260k in revenue from fees making it one of the most profitable protocols in crypto.
10/22

2.✅ @RDNTCapital

Radiant is an omnichain money market that allows users to deposit & borrow major assets across multiple chains.

Its TVL has exploded since the beginning of 2023 and so did the Market Cap of its main token $RDNT.
11/22

It's built atop of Layer Zero cross-chain interoperability, leveraging Stargate's stable router.

The upcoming V2 release will simplify cross-chain fee sharing and expedite the process of launching on new chains and it will launch on @BNBCHAIN soon after.
12/22

3.✅ @CamelotDEX

Camelot is Arbitrum's native decentralized exchange (DEX), with a strong emphasis on community participation through its innovative dividend distribution system and its custom-built launchpad.
13/22

It is designed to be highly efficient and flexible for its users to utilize its custom infrastructure to achieve deep, sustainable, and adaptable liquidity.
14/22

Camelot's TVL has been growing like crazy ever since its launch on Arbitrum and its main token $GRAIL has increased its value by more than 800% over the past 30 days. 🔥
15/22

4⃣Strong DeFi protocols with lots of upside

1. @GainsNetwork_io: A perp trading DEX with its flagship product gTrade. Been on Polygon for quite some time, but TVL has increased a lot after launching on Arbitrum

Good thread on Gains Network:

https://t.co/DAQtDuBFSb
16/22

2. @vela_exchange: Also a perp dex with some interesting differences (synthetics, forex, etc.

Here is a good thread on Vela:

https://t.co/wwaZk11D4I
17/22

3. @dopex_io: A decentralized Options exchange.

Dopex has several products, but the flagship product SSOV allows users to lock up tokens for a defined period of time and earn yield.

You can learn more about Dopex in this thread:

https://t.co/dlKzhQ0oQs
18/22

5⃣ An update on my 2 Arbitrum portfolios

My first portfolio is called “WAGMI” and is a portfolio that will perform better than $BTC during an uptrend.

It is up 30% in the last week, compared to 14% for $BTC and $ETH.

You can check it out below:
https://t.co/9015lprd19
19/22

But yeah, as always, I am tracking this portfolio with the help of the Chads at @NestedFi, who are the official sponsor of my newsletter.

Here's a great thread on them from @korpi87:

https://t.co/HfCvuCMbuO
20/22

My second Arbitrum portfolio is called the “Arbitrum Degen Portfolio”

It consists of $VELA and $GRAIL which have done more than 60% in the last week alone + some other tokens to diversify

You can copytrade my portfolio on Nested in 1-click here:

https://t.co/ILth1S7Lcc
21/22

Okay, that was it!

Lots of other Arbitrum tokens and protocols I didn’t mention here, but I’m going to share 5 of them in my upcoming newsletter on Wednesday.

Subscribe here so you don’t miss it

👇

https://t.co/DVG5aWJyvO
22/22

Linking back to the first tweet below.

Please RT/like if you found this thread interesting!

👇

https://t.co/w0NXQiYNaC

More from All

॥ॐ॥
अस्य श्री गायत्री ध्यान श्लोक:
(gAyatri dhyAna shlOka)
• This shloka to meditate personified form of वेदमाता गायत्री was given by Bhagwaan Brahma to Sage yAgnavalkya (याज्ञवल्क्य).

• 14th shloka of गायत्री कवचम् which is taken from वशिष्ठ संहिता, goes as follows..


• मुक्ता-विद्रुम-हेम-नील धवलच्छायैर्मुखस्त्रीक्षणै:।
muktA vidruma hEma nIla dhavalachhAyaiH mukhaistrlkShaNaiH.

• युक्तामिन्दुकला-निबद्धमुकुटां तत्वार्थवर्णात्मिकाम्॥
yuktAmindukalA nibaddha makutAm tatvArtha varNAtmikam.

• गायत्रीं वरदाभयाङ्कुश कशां शुभ्रं कपालं गदाम्।
gAyatrIm vardAbhayANkusha kashAm shubhram kapAlam gadAm.

• शंखं चक्रमथारविन्दयुगलं हस्तैर्वहन्ती भजै॥
shankham chakramathArvinda yugalam hastairvahantIm bhajE.

This shloka describes the form of वेदमाता गायत्री.

• It says, "She has five faces which shine with the colours of a Pearl 'मुक्ता', Coral 'विद्रुम', Gold 'हेम्', Sapphire 'नील्', & a Diamond 'धवलम्'.

• These five faces are symbolic of the five primordial elements called पञ्चमहाभूत:' which makes up the entire existence.

• These are the elements of SPACE, FIRE, WIND, EARTH & WATER.

• All these five faces shine with three eyes 'त्रिक्षणै:'.
APIs in general are so powerful.

Best 5 public APIs you can use to build your next project:

1. Number Verification API

A RESTful JSON API for national and international phone number validation.

🔗
https://t.co/fzBmCMFdIj


2. OpenAI API

ChatGPT is an outstanding tool. Build your own API applications with OpenAI API.

🔗 https://t.co/TVnTciMpML


3. Currency Data API

Currency Data API provides a simple REST API with real-time and historical exchange rates for 168 world currencies

🔗 https://t.co/TRj35IUUec


4. Weather API

Real-Time & historical world weather data API.

Retrieve instant, accurate weather information for
any location in the world in lightweight JSON format.

🔗 https://t.co/DCY8kXqVIK

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Trading view scanner process -

1 - open trading view in your browser and select stock scanner in left corner down side .

2 - touch the percentage% gain change ( and u can see higest gainer of today)


3. Then, start with 6% gainer to 20% gainer and look charts of everyone in daily Timeframe . (For fno selection u can choose 1% to 4% )

4. Then manually select the stocks which are going to give all time high BO or 52 high BO or already given.

5. U can also select those stocks which are going to give range breakout or already given range BO

6 . If in 15 min chart📊 any stock sustaing near BO zone or after BO then select it on your watchlist

7 . Now next day if any stock show momentum u can take trade in it with RM

This looks very easy & simple but,

U will amazed to see it's result if you follow proper risk management.

I did 4x my capital by trading in only momentum stocks.

I will keep sharing such learning thread 🧵 for you 🙏💞🙏

Keep learning / keep sharing 🙏
@AdityaTodmal