Arbitrum

David

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Frax

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 <p class="is-style-lead">Aark Digital, a perpetual decentralized exchange (DEX) platform, has integrated FRAX as collateral for users, unlocking more value for holders.&nbsp;</p>
 <p>The move seeks to provide new opportunities for liquidity providers (LPs), yield seekers, and the broader Arbitrum ecosystem.&nbsp;</p>
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 <p>The “leverage anything” perp DEX will soon incorporate&nbsp;SFRXETH&nbsp;and other assets as they seek to be among the top three platforms on Arbitrum.</p>
 <h1 class="wp-block-heading" id="capital-efficiency">Capital efficiency</h1>
 <p>Aark Digital’s operational model is straightforward: investors deposit funds into a pool, which traders can utilize for their transactions.&nbsp;</p>
 <p>Investors earn a fee on these transactions while market makers manage risk, ensuring a balanced and efficient ecosystem through arbitrage opportunities. The&nbsp;single-sided LP&nbsp;feature of Aark distinguishes it from competitors.&nbsp;</p>
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 <p>This feature allows stakeholders to take exposure to a single asset while earning yield.&nbsp;</p>
 <p>The Aark team has also introduced “leveraged LP,” which increases capital efficiency.&nbsp;</p>
 <p>The APR for single-sided LPs using Aark on Arbitrum is high and will allow FRAX holders to earn up to 60% APR with up to 2x Leveraged LP.</p>
 <h1 class="wp-block-heading" id="the-sticky-yield-flywheel">The “sticky yield” flywheel</h1>
 <p>Aark and Frax have developed a flywheel mechanism that attracts more traders, increasing trading <a rel="noopener noreferrer nofollow" title="volumes" href="https://thebittimes.com/tag/volumes.html">volumes</a> and fee collections.&nbsp;</p>
 <p>This results in a self-reinforcing cycle of growth and rewards that benefits the entire Arbitrum ecosystem.&nbsp;</p>
 <p>The Aark team is determined to create a robust ecosystem sustaining long-term growth.&nbsp;</p>
 <p>By embracing FRAX, Aark invites stakeholders to switch to Arbitrum and contribute to the ecosystem’s development.</p>
 <h1 class="wp-block-heading" id="support-from-defi-funds">Support from defi funds</h1>
 <p>OKX Ventures recently&nbsp;funded&nbsp;Aark Digital and two other recipients.&nbsp;</p>
 <p>As an investment arm that focuses on long-term structural value investments, OKX’s decision to invest in Aark reflects its confidence in the decentralized perps platform and its potential to become a leading platform for DEX trading in the future.</p>
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 <p>“We are pleased about the innovations Aark brings to the ecosystem as a power user of decentralized perpetual trading platforms ourselves,” mentioned Juan David Mendieta, co-founder and chairman of Keyrock, in a recent article highlighting&nbsp;Keyrock’s decision to invest&nbsp;in Aark Digital’s recently closed seed funding round. “We believe it can be a potent vehicle for base yield in the industry and are excited to see what the team can achieve.”</p>
 <p>Follow Aark Digital on&nbsp;Twitter, subscribe to their&nbsp;Medium&nbsp;blog, and trade on their innovative perpetual DEX over at&nbsp;https://app.aark.digital/.</p>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/aark-digital-dex-integrates-frax-volumes-rise-tbt67527.html">https://thebittimes.com/aark-digital-dex-integrates-frax-volumes-rise-tbt67527.html</a></p>

Aark Digital DEX integrates FRAX, volumes rise

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