DeltaPrime was born in the bear, launching on Avalanche on January 10, 2023. One month later, directly after integrating GLP, DeltaPrime reached $18mm dollars in TVL. A couple of months after that, this number increased to $22mm. After the decline of APYs of integrated protocols, including GLP, DeltaPrime dropped to a low of $9mm back in August. Since then DeltaPrime has been making her way back up by integrating new protocols, integrating TradingView, adding to our growing list of security partners and deploying on Arbitrum. Small gaps in October and November were due to exploits of an integrated protocol, and were quickly met with good crisis communication and a plan to prevent it from happening in the future. Right now, next to multiple reporting partners, we have a self-built insurance fund with >$100k and an external insurance provider providing up to $150k of any integrated protocol exploit. Additionally, DeltaPrime has undergone 6 code audits, and partnered up with Chainalysis for quick fund retrieval in the case of an underlying protocol exploit.

Next to the TVL, DeltaPrime accounted for more than $720mm in swaps with Prime Accounts. At least $310mm in volume has been traded within a four month timespan, solely consisting of GLP.

DeltaPrime provided over half of Yield Yak’s GLP during the Avalanche Rush.