CFTC Sees ‘Significant Risks’ From Digital Assets 

Rocket Pool Launches rETH On zkSync Era

 Up to 29% APY on Stablecoins, 28% APY on ETH

DeFi Alpha is a weekly newsletter published for our premium subscribers every Friday, contributed by Defiant Advisor and DeFi investor at 

It aims to educate traders, investors, and newcomers about investment opportunities in decentralized finance, as well as provide primers and guides about its emerging platforms. It is meant to be highly actionable and shareable.

Any information covered in DeFi Alpha should not form the basis for making investment decisions nor be construed as a recommendation or advice to engage in investment transactions. Any mention of a token or protocol should not be considered a recommendation or endorsement.

Before we get started, here are the top headline-grabbing events from this week that every savvy DeFi investor ought to keep on their radar.

Deposits in Sonne Finance Have Quintupled Since Mid-February

Terra Founder Do Kwon Arrested In Montenegro

 is an enterprise-grade, reliable, and secure decentralized EVM-compatible public blockchain built for business, focusing on payments, established in 2019. Anyone can build on the Fuse blockchain and leverage enterprise-ready, decentralized tech – be it existing crypto projects, start-ups, or blue-chip companies.

Fuse provides businesses and developers with wallet-as-a-service, powerful tools, and an SDK for integrating Web3 features such as account abstraction, gasless transactions, and payments into real-world applications.

Fuse is fully EVM-compatible, meaning other EVM chain smart contracts can be deployed and run on Fuse quickly.

Fuse’s payment-focused Infrastructure enables businesses to integrate a wallet and Web3 payments into their products seamlessly.

Fast transaction confirmation times and low fees optimize Fuse for payments and quick finality.

Integrations with Ramp and Transfi mean users can quickly and globally on and off-ramp fiat to crypto and vice versa.

Developers can access integrated development environments (IDEs), debugging tools, analytics platforms, and over 100 more ecosystem partner services.

The Fuse mobile stack is designed for SMBs and communities facing a high entry barrier for reaching customers on mobile and creating reward and loyalty programs.

A supportive community of developers can provide valuable insights and guidance.

 what you’re building in Web3, check the 

Each week we will provide options to earn yield on ETH, WBTC, stablecoins, and other major tokens.

: 28.3% projected vAPR with msETH/ETH Curve LP staked in Convex 

This yield is accrued in CRV + CVX + trading fees compounded in the LP.

Then, one must stake the Curve LP under the ms

To learn more about Metronome Synth ETH (msETH), go 

: 3.59% APR with the Curve HBTC+WBTC LP staked in Convex

This yield is accrued in CRV, CVX, and trading fees.

To participate, one must first deposit into this 

: 14.3% net APY with 50/50 MaticX-WMATIC LP on QuickSwap 

The yield is backed by validator rewards using the MaticX LSD (5.76% APY) + MeshSwap trading fees + MESH/SD rewards.

To participate on Polygon, one may use the 

: 23% APR staking ATOM with Keplr Wallet on Cosmos Hub 

rank by APR, choose a validator, and click 

Then, I specify how many ATOMs and follow the prompts to 

This yield is issued in SD, BNB staking yield, EPX, and trading fees.

: 7.24% APY staking AVAX with ankrAVAX by Ankr

To participate, one must deposit AVAX for ankrAVAX 

: 6.89% APY staking SOL with stSOL by Lido

: 4.7% APY staking sFTMx liquid staking derivative by Stader

The yield is issued in FTM rewards, as sFTMX is earning FTM via validator rewards to support Fantom’s PoS network.

To participate, one must deposit FTM for sFTMX 

: 28.5% APR with the jEUR/sEUR LP staked in Velodrome on Optimism

To participate, one must deposit and stake in 

Please be aware we do not always report the highest yield rates because some high yields may be less sustainable due to high inflation token rewards or fewer LPs participating.

How to Bridge to the First Live zkEVM on Ethereum (zkSync Era)

The wait is finally over! After four years of building, the first-ever, EVM-compatible zkRollup-based L2 is live on Ethereum.

, a trustless protocol for scalable low-cost payments on Ethereum, powered by zkRollup technology, 

 the “zkSync Era Mainnet Alpha is now open to all users.” zkSync has long been considered one of the leading teams in the Ethereum L2 scaling sector. With today’s milestone, it means developers, projects, and users are free to build on and bridge funds to this zkEVM.

Matter Labs reported spending over a year and $3.8M just on completing “robust testing, multiple tier-1 security audits, public contests, and bug bounties” with “added independent monitoring and risk mitigation mechanisms.”

The zkSync team has emphasized the importance of security over the popular strategy in the tech industry known as “move fast and break things.” There is no room for any security incident that would undermine users’ trust according to their published 

Having just launched, you can learn about the hundreds of dApps committed to launching on zkSync Era Mainnet Alpha, but as of this writing, only 18 dApps and wallets are live including recognizable DeFi names like 

 with Head of Business Development at Matter Labs, Marco Cora, major liquidity sources in DeFi like Uniswap, SushiSwap, and Curve should be deploying on zkSync Era in the coming days and weeks.

In the podcast, Marco also discloses, what is known public information in zkSync’s documentation, that zkSync Era will have a token eventually but no specifics are known at this time. Given the past week of excitement surrounding the ARB airdrop, 

we can assume early users of zkSync Era may earn a future airdrop, but it is not guaranteed.

With that in mind, I’ll show how I can bridge 5 currently supported tokens to zkSync Era Mainnet Alpha using the zkSync bridge (and possibly 

Before we get started, please be aware of these risks.

Featured Yields: Up to 29% APY on Stablecoins, 28% APY on ETH

DeFi Alpha is a weekly newsletter published for our premium subscribers every Friday, contributed by Defiant Advisor and DeFi investor at 4RC, DeFi Dad, and our Degen in Chief yyctrader.

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Travel The EVM Ecosystem With LayerZero For A Potential Airdrop