DYOR Crypto Wiki
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After great community collaboration DYOR has rebranded into CryptoWiki.me 🥳 a moment to celebrate!

From now on all new information will be added within the CryptoWiki.mecommunity website! No longer over here. So be sure to move over to stay on top of new research developments!

Same content - better & cleaner experience 🤝

DYOR started out in 2015 on Fandom and has now grown to ~3500 pages on CryptoWiki.me 🤩

All the information that you can find in these pages is public knowledge with sources provided. The community is encouraged to add truthful and unbiased entries to further this body of work.

Follow @cryptowiki_me on Twitter to be up to date on pages being created or edited.

Basics

  • Based in:
  • Announced on:
  • Mainnet release:

"dHedge is a new decentralised asset management protocol powered by Synthetix, which is now live on the Ropsten testnet. dHedge offers non-custodial mimetic trading for synthetic assets, using the zero-slippage and infinite liquidity trading model of Synthetix."

"dHedge is described to be a project that focuses on non-custodial mimetic trading for synthetic assets on Ethereum. The project focuses on the following areas:

  1. Non-custodial: users retain ownership over their funds, investment managers cannot run away with investor funds
  2. Mimetic trading: investors can mime the trades of top-performing managers
  3. Synthetic assets on Ethereum: dHedge portfolios are powered by the Synthetix derivatives liquidity protocol

dHedge further claims to be a one-stop location for managing investment activities on the Ethereum blockchain where users can put their capital to work in different strategies based on a track record of performance."

History

Audits & Exploits

  • From their blog (2-11-2020):

"After a positive first report from our auditors, we are happy to report that the final code base has been re-submitted to our smart contract auditors for a final review."

"Iosiro conducted an audit before the code was deployed, and the results are public. Certik also conducted audits on dHEDGE."

  • Previously Scored a 70% (8-3-2021); "​Iosiro has done an audit on DHedge completed on the 9th of October, 2020. dHedge was released Oct 22nd, 2020." With the comment: "dHedge is up with a bare pass of 70% Really weak software docs hurt them."

Bugs/Exploits

Governance

Admin Keys

"Admin control information was found under "dHEDGE token". Even though they have a governance section, it does not explicitly state the degree of control that is exerted over the contracts, hence the 70%.

a) Contract upgradeability is intended through the description of user voting power at https://docs.dhedge.org/dht/introduction

b) Type of ownership is not indicated.

c) Capabilities for changes in contract are also indicated at https://docs.dhedge.org/dht/introduction.

The admin control information explains their software well, but does not necessarily explain why and how user investments are/stay safe. There is no documented pause control."

DAO

Treasury

Token

Launch

Token allocation

Utility

  • From their blog (2-11-2020):

"Governance and management of the dHEDGE DAO Staker Pool will be delegated to DHT token holders."

Token Details

Coin Distribution

Technology

Implementations

How it works

Fees

Upgrades

  • V2 went live (2-8-2021). With lower gas fees and integrating more assets.

Staking

Liquidity Mining

Scaling

  • From their blog (2-11-2020):

"Optimistic Ethereum is the only generalised Layer 2 solution for Ethereum in sight at the moment. With Synthetix being committed to Optimistic it is only natural for dHEDGE to also enable Optimistic for our users once it is viable to do so. We believe that not only will Optimistic bring down gas costs very significantly, but also make the trading experience on dHEDGE truly amazing."

Interoperability

Other Details

Oracle Method

Privacy Method

Compliance

Their Other Projects

Roadmap

  • Can be found [Insert link here].
  • From their blog (2-11-2020):

"We are looking to release mainnet shortly after the final review has been completed. We currently estimate the release of mainnet to happen in 1–2 weeks."

Usage

Projects that use or built on it

  • PrimeDAO; PrimeDAO’s DeFi pool launched on dHedge powered by Prime Rating (28-4-2021):

"Since its inception, the pool has attracted over $140 thousand in value and generated 27% returns after fees. The pool charges a performance fee of 10% on gains made by the pool. Because of the good returns, the Prime DeFi pool qualifies for dHedge performance mining, earning Prime DeFi pool investors 22% APY in dHedge’s native DHT token!"

Competition

Pros and Cons

Pros

Cons

Team, Funding, Partners

Team

Funding

  • From their blog (2-11-2020):

"Supported by some of the biggest names in crypto, including Framework Ventures, Three Arrows Capital, BlockTower Capital, DACM, Maple Leaf Capital, Cluster Capital, Lemniscap, LD Capital, IOSG Ventures, NGC Ventures, Bitscale Capital, Divergence Ventures, Genblock Capital, Trusted Volumes, Altonomy, Continue Capital, The LAO and Loi Luu."

Partners 

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Knowledge empowers all and will help us get closer to the decentralized world we all want to live in!

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