#GAMMA Protocol (@GammaStrategies) Since the beginning of the year, TVL has grown 42.8x, from $2.6 million to $114 million.
However, the market cap grew from $3.7 million to $13.7 million, a mere 3.6x increase.
And as an asset management protocol on ETH, it is very sexy. Due to the common AMM mechanism on DEX, liquid LP price setting is a complex strategy. How to automate the management of price ranges, rebalancing assets, and earning returns for reinvestment. #GAMMA provides a complete solution. Although#MAVand#JOEare both iterators, the vast majority of DEXs are still old algorithms. Future embedded protocol solutions are worth looking forward to in the long term!