Zap: Bitcoin dominance

Crypto Markets

Correlations

BTC vs. SOL
  • 10 Jun — US CPI
  • 13 Jun — UK industrial & manufacturing production
  • 14 Jun — US PPI
  • 15 Jun — FOMC meeting
  • 16 Jun — US housing starts

Crypto Volatility

We saw another week of muted volatility, with realized volatility lagging behind implied volatility.

BTC/USD
High: 32280.0
Low: 29333.0
Close: 30716.0
Range: 9.59%
Realized Volatility: 51.782
ETH/USD
High: 2007.7
Low: 1742.8
Close: 1927.0
Range: 13.7%
Realized Volatility: 67.519
SOL/USD
High: 48.1125
Low: 35.9175
Close: 46.0
Range: 26.5%
Realized Volatility: 120.37
AVAX/USD
High: 29.0885
Low: 22.1885
Close: 27.144
Range: 25.4%
Realized Volatility: 126.33
BTC Skew (GVol.io)

DeFi Landscape

DeFi TVL (Defillama)
Daily Protocol Revenue
Source: The Block

Volt Performance

Friktion’s Volts #01, #02, and #03 are well positioned this week to generate yield for its users in this rangebound market environment.

  • 30–60% APY on SOL Puts
  • 35% APY on SOL High Voltage Calls
  • 52% APY on AVAX calls

About Friktion

Friktion is Solana’s leading protocol for risk-managed yield strategies. Friktion’s core products, known as Volts, are building blocks of DeFi portfolios that can perform across market cycles. The platform, launched in December 2021, has amassed over 15,000 users and done >$2bn in volume. The protocol’s mission is to enable access to long-term sustainable DeFi yields. Learn more at app.friktion.fi

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Friktion

Friktion

Friktion brings high quality portfolio management to DeFi.