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DeFi always innovatives. Here are 10 DeFi protocols that are interesting me with novel new mechanics and products. 👇 I think this sector is only growing as we find novel new instruments for traditional assets and add in our DeFi money legos to come. Or trading perps, options or even exotic instruments, permissionlessly on chain. Add in external crypto yield sources such as proof of stake to these instruments and we'll have something very cool in my opinion. A doxxed team backed by A16Z, with Zk circuits enabling high throughput verifiable on chain perps. One of the cool things coming for it is using your LP as margin to trade, which as far as I'm aware, hasn't been seen too frequently on chain just yet. Guys, make sure you get your longs out for me! One of the most fun type of instruments I've used in recent times. I can't wait to degen with this when they bring out 1 hour or even shorter timeframes. The aim of the game, as long as the asset is in your range, you can print, the tighter your range, the more you make. Price moves out of range and you end up paying! We all know that selling options is one of the best ways to make your assets more productive. Premiums add up and compound over time and can make assets that typically don't have yield attached to them, like $BTC, very productive. In fact, can offer much higher yields than any lending market will offer. Through Rysk, it's currently possible to earn double digit yields via selling strategies on BTC. I think one of the highest places in the market today. 9. Stables stables and more stables Of course we have to end things off with a little mention of our favourite 0dtes which over the last few days have resulted in some wonderful opportunities to print in both market directions through straddles. Don't forget the triple digit yields on IVLP for those taking the counter side. Has there been a better trading instrument to use in a week like this? I don't think so, just wait till you see what we build next!