Whilst most cryptocurrency users are comfortable investing, trading, and engaging in decentralized finance (Defi) without any guidance, there are investors out there who prefer to use asset managers to reduce their risk exposure.
dHEDGE is an asset management protocol that works across multiple blockchains, enabling investors to assign asset managers who can trade on their behalf.
The platform has partnered with Uniswap, Ethereum's leading decentralized exchange (DEX) to provide its users with new investment tools, from yield farming to liquidity pools.
dHEDGE, a multi-chain asset management platform has integrated Uniswap into its ecosystem of trading protocols as part of the dHEDGE Aurora release.
This integration gives dHEDGE's users access to a new range of investment strategies, including providing liquidity through Uniswap V3's decentralized exchange (DEX).
The partnership will improve capital efficiency for asset managers on dHEDGE's native platform.
Cryptocurrency has grown to become the investment vehicle of choice for people in mainstream circles, especially amongst the younger generation.
For example, over 43% of men aged from 18 to 29, say they have invested in, traded, or used a cryptocurrency.
However, for those who are inexperienced with digital assets, cryptocurrency can seem like an intimidating investment, especially when you consider how volatile it can be.
This is where dHEDGE comes in.
dHEDGE is a decentralized asset management protocol that connects highly ranked investment managers with investors on the blockchain.
The protocol is permissionless, non-custodial, and trustless, enabling users to have full control and autonomy over their digital assets.
dHEDGE aims to democratize the investing experience by leveraging blockchain technology.
dHEDGE has added new investment strategies for its users by integrating Uniswap into its platform through the Polygon and Optimism networks.
Asset managers can now trade, lend, borrow, provide liquidity and earn yields on assets through integrated protocols such as Synthetix, 1inch, AAVE, Sushiswap, Balancer, and Quickswap on the platform.
Since it is a non-custodial application, dHEDGE allows users to retain control of their assets, whilst offering a risk-adjusted manager ranking system.
The manager ranking system makes it easier for investors to find the right asset managers to partner with.
The system works by assigning managers with a Sortino ratio rating.
The Sortino ratio measures the risk-adjusted return of an investment asset, portfolio, or strategy.
By assigning a Sortino ratio rating to asset managers, users on the dHEDGE platform can find managers who best suit their needs.
The integration also provides additional yield sources through Uniswap's DEX and opens up additional trading avenues which assets managers can utilize for investors.
These strategies provide additional investment options for managers, enabling them to provide liquidity for tokens on decentralized exchanges and take part in yield farming.
Ermin Nurovic, co-founder of dHEDGE shared his comments on the partnership:
"We are thrilled to add Uniswap to the platform our users already know and love"
The co-founder also went on to say:
“Through supporting the interface and experience for all our users, we offer a more varied heavy-duty platform that seamlessly integrates the needs of both crypto novices and our community of skilled asset managers.”
dHEDGE's integration with Uniswap brings new investment tools to its users.
The partnership will also boost liquidity for Ethereum's leading DEX, making it easier for crypto investors to invest in tokens found on the exchange.
This integration could turn out to be beneficial for both traditional investors who utilize asset managers to reduce risk and regular crypto traders who would benefit from the increased liquidity.