Liquidity management protocol GammaStrategies has seen total value locked (TVL) double in the past 30 days as investors bundle capital in to secure generous yields. Reporting by oknightcrypto.
protocol Gamma has doubled in the past month as investors attempt to secure generous staking yields.the most lucrative poolsThe protocol also features staking of its native token, GAMMA, which is currently producing a variable yield of 7.04%, according to theThe token has performed well since the turn of the year, rising from as low as $0.07 to its current traded price of $0.33. GAMMA has a market cap of $19.
The Gamma protocol offers one product that is targeted at individuals and institutions as it offers a passive yield. Another is aimed at Web3 companies and, offering consultation and backtested strategies for treasuries. While interest in Gamma has been muted since its 2021 introduction, Defillama data shows that it is one of the fastest growing yield products this year with TVL, market cap and fully diluted valuation all surging as the DeFi sector bounces back.
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