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Gyroscope

Gyroscope is a DeFi protocol built by FTL Labs that provides 'superliquidity' through concentrated liquidity pools and GYD, a superliquid stablecoin. It enables passive liquidity provision with efficient swap-fee yields for volatile and stable asset pairs, and serves DeFi users, liquidity providers, and protocols such as Aave, Balancer, and Aura Finance.
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Gyroscope Protocol


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Description

Gyroscope is a protocol that allows users to interact with cryptoassets, provide liquidity, and earn incentives. It offers tools for trading, governance, and staking within its ecosystem.

TVL: $375K

Chains:
ArbitrumAvalancheBaseEthereumOptimismPolygonPolygon zkEVMSeiSonicxDai

Gyroscope


Project Links


Description

Gyroscope is a crypto startup building a decentralized stablecoin called GYD (gyro dollar), which has an "all-weather" reserve design intended to diversify risks in the DeFi ecosystem. The reserve is designed to be fully backed by collateral, diversify risks beyond just price risk, and maintain a sustainable system using autonomous pricing and a multi-market design to concentrate liquidity within the price quotes of the stablecoin.


Hack: Bridge Other ($807K)