Nov 3, 2022
Friktion passes $3 billion in volume traded
We’re excited to announce that Friktion has surpassed $3 billion in volume traded! Launched in December 2021, Friktion has grown to become the largest DeFi portfolio management protocol on Solana with options, perpetuals, and power perpetual strategies that perform across market conditions — Covered calls, Cash-secured puts, Volatility harvesting, Basis yield, and Capital protection strategies.
As the protocol continues to build out new products and features, we’re thrilled to look back and celebrate what a phenomenal quarter it has been:
- Launch of Volt#05: Capital Protection — DeFi’s first principal protected strategy providing downside protection
- Introduction of Friktion’s Portfolio Manager — an institutional-grade performance and risk monitoring dashboard
- Release of the new User Experience and User Interface (UI)
- Launch of Friktion Institutional, a new division focused on scaling our DeFi product offering to Treasuries, DAOs, and Asset Managers
- And the announcement of strategic partnerships
Through the process, Friktion’s Genesis Wielders have been with us since the beginning with valuable feedback and insights driving product iteration — we’re honored to celebrate all the milestones we have achieved together. Learn more about the Genesis Wielder community.
About Friktion
Friktion is DeFi’s leading protocol for risk-managed yield strategies. Friktion’s 5 core products, known as Volts, are building blocks of DeFi portfolios that perform across market cycles. The platform has amassed over 17,000 users and traded >$3bn in volume. Our protocol’s mission is to enable access to long-term sustainable DeFi yields.
Start earning: friktion.fi
Read more about our strategies: friktionlabs.medium.com/
Join our community: discord.gg/friktion
Media Inquiries:team@friktionlabs.comInstitutional Inquiries:institutional@friktionlabs.com
