If you are new to Logarithm, please visit the Logarithm Discovery to understand what we are building and why. Here, we provide detailed updates on internal work before we proceed to a DAO structure. Feel free to contribute and help us to form the foundation for the future governance of the protocol. To do this, join our Discord via Logarithm Official Links and open a ticket.

Featured updates 🎉

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👀 Detailed stats for basis vaults. We have provided in-depth data on key metrics, allowing users to analyze logarithm basis vault performance.

Check it our here: WETHUSDC, WBTCUSDC, ARBUSDC, LINKUSDC

🥳 New medium article addressing liquidity risks.

We have published our latest medium article on liquidity risks of basis strategies. This is a step forward in bringing the technical vision of what we are building at logarithm.

Read the article here: Liquidity Risks


Dev updates 🧭

Strategies Performance (last two weeks):

ARB BASIS: -9.5% 14D APY WETH BASIS: -9.07% 14D APY WBTC BASIS: 4.6% 14D APY LINK BASIS: 8.75% 14D APY

ETHENA Reference: 3.8% APY

📈 Finalized release candidate for the new managed setup of Hyperliquid and GMX Position Managers. Very soon Logarithm users will be able to access unparalleled level of efficiency in basis trading execution. - Tal

💎 Fixed issue with the existing beta GMX vaults that resulted in incorrect PnL calculation. All funds are SAFU as always. - Numa

🏗️ Fractal: Added notional basis strategies using Aave and GMX V2. - Echo Lima

😮‍💨 Added stats on daily perpetual DEX total volume compared to perpetual CEX total volume on perphub.com.

🏅The chess competition was a fun time to unwind with the community and that was what our awesome dev @Numa did and also of course win some prizes. This week winners were announced here: Chess discord winners


Thank you for being a part of the Logarithm. Your support and participation drive our mission to revolutionize and build. Let's continue to build and grow together.