As we embrace a new year, PsyFi continues to push the boundaries of innovation within the Solana DeFi ecosystem. From setting new records with SDX and advancing governance through PSY Reloaded, we're shaping a future where DeFi is accessible and more rewarding for everyone involved.

DAO Treasury Growth and Vault Performance

DAO Treasury: $4,315,453 (-40.97% MoM)

1. USDC: 686,883.572 ($686,884) (+0.03% MoM)

2. HXRO: 2,060,496 ($178,081) (-30.46% MoM)

3. scnSOL: 172.456 ($20,793) (-4.36% MoM)

Vault Performance: Monthly Overview

• BTC Secured Put Vault

  • Premiums earned: 1,796.18 USDC (+2.83% MoM)

  • Historical performance (3 months): 3.68% APY

• SOL Covered Call Vault

  • Premiums earned: 18.08 SOL (+6.72% MoM)

  • Historical performance (3 months): 5.51% APY

• SOL Secured Put

  • Premiums earned: 75.96 USDC (-28.95% MoM)

  • Historical performance (3 months): 5.47% APY

• ETH Covered Call

  • Premiums earned: 0.07 ETH (-36.36% MoM)

  • Historical performance (3 months): -2.27% APY

SDX: New all-time high, BTC, and tickets!

A month into launch, we’re proud to share that we hit an ALL-TIME HIGH of $450,000+ in 24 hour volume! Shoutout to all the manlets bringing back options to Solana with us!

Wen $1m?

In addition to that, we teamed up with Threshold Network and brought Bitcoin options back to Solana. As a bonus for early adopters, Threshold and SDX are offering 3 months of liquidity mining rewards — provided directly in tBTC.

Lastly, we introduced a one week trading competition, ending February 5th 00:00 UTC.

With every $100 in volume traded on SDX, traders get one chance to win a bonus pack of 25 tickets. Why tickets? Because everyone’s sick of points.

Start trading: https://sdx.markets/trade 
Join the conversation: https://t.me/sdx_markets

Armada

We're pleased to announce that Solana’s ecosystem auditor Mad Shield has completed its first audit of the Armada staking contract!

The result? No bugs were found.

An audit of Armada’s Concentrated Liquidity Market Making (CLMM) program is currently underway. A full report including audits for both staking and CLMM will be published upon completion.

In addition to that, Armada has open sourced it's initial SPL Token Staking program implementation. You can check it out here: https://github.com/mithraiclabs/spl-token-staking

PSY Reloaded

PSY Reloaded Phase II introduces the ability for $PSY holders to stake their tokens to earn rewards, while simultaneously participating in governance.

Last month, we announced that our staking program had undergone a thorough audit, with the results coming back clean.

This month, we’re excited to share that it’s been deployed to devnet and is going through rigorous testing.

Wen Reloaded Phase II? Soon™.

What can you help with?

1. Know teams on Solana that are thinking about launching a token or diving deeper into tokenomics? Feel free to reach out to us here.

2. Trade DeFi options: SDX is live. What are you waiting for? Buy or sell mSOL options here.

Cheers,
PsyFi

Earn, borrow and lend: https://www.psyfi.io/
Twitter: https://twitter.com/PsyOptions
Discord: https://discord.gg/eVG2Tw2uGe