Announcing dHEDGE V2

dHEDGE
dHEDGE_ORG
Published in
2 min readAug 2, 2021

Any Asset, Anywhere

Since launching in Q4 2020, dHEDGE V1 supported a thriving community of DeFi investors and pool managers. The growth and demand for DeFi protocols we’ve seen in recent months led to network congestion and surge in gas fees.

To address these issues, the dHEDGE team worked toward an innovative dHEDGE V2 which offers flexibility and access to new assets, lower gas fees and enhanced experience.

Let’s dive into what have we been developing in V2:

dHEDGE V2: Multichain Asset Management

dHEDGE V2 introduces the Guarded Open Access Transactions — GOAT framework. A flexible framework that supports a UX resembling the way applications are used via Gnosis Safe. DeFi protocols that get added through the GOAT framework will be made accessible through dHEDGE V2 interface. This will allow managers to access assets and platforms that were previously not available in V1 where only Synthetix supported assets were available.

Hedgehogs Eat Sushi on Polygon Network

We’re excited to launch V2 on Polygon Network. The Polygon network attracted high quality DeFi projects and demonstrated an impressive growth in transaction volume in recent months.

The first product that will be accessible on dHEDGE V2 is Sushi. Sushi is the leading DEX on Polygon with good liquidity and yield farming opportunities, we’re excited to see managers pursuing new strategies on V2.

V2 Future

With dHEDGE V2, we have built the most flexible framework for adding new assets and possibilities even beyond staking and yield farming, like leverage and short selling. Over the coming weeks and months you will see dHEDGE adding more and more protocol support, all guided by our community.

Over time dHEDGE V2 will be deployed on multiple EVM compatible networks.

Onward and upward!

More About dHEDGE

dHEDGE is a decentralized asset management protocol connecting the world’s best investment managers with investors on the blockchain in a permission less, non-custodial, trustless fashion. dHEDGE aims to democratize the investing experience leveraging Blockchain technology.

Supported by some of the biggest names in crypto, including Framework Ventures, Three Arrows Capital, BlockTower Capital, DACM, Maple Leaf Capital, Cluster Capital, Lemniscap, LD Capital, IOSG Ventures, NGC Ventures, Bitscale Capital, Divergence Ventures, Genblock Capital, Trusted Volumes, Altonomy, Continue Capital, The LAO, Bitfwd (比特未来) and Loi Luu, Co-Founder and CEO of Kyber Network,

Join the dHEDGE community on Discord, Twitter, Telegram English language, Telegram Chinese language and on WeChat.

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dHEDGE
dHEDGE_ORG

Non-custodial mimetic trading platform for synthetics on Ethereum