Streamlining DeFi: How traders can simplify portfolio management

Velvet Capital launched on Base to streamline DeFi portfolio management and social trading. Through the platform’s intent-based execution, users can trade any token or farm DeFi protocols, making onchain portfolio management simple.

The progression of decentralized finance (DeFi) offers exciting new ways to trade and earn yields. However, as the ecosystem grows, so does the challenge of managing investments across more than 300 chains and 3,000 DeFi protocols. Whether for seasoned traders or newcomers, navigating this fragmented ecosystem can feel overwhelming.

Users often find themselves switching between different platforms to execute trades, manage liquidity and monitor their investments. This disjointed experience leads to inefficiencies, such as higher fees, missed opportunities for yield optimization and increased tracking performance complexity.

Without a unified interface, managing a DeFi portfolio requires time and technical know-how. A solution that brings everything together in one place is crucial to encouraging broader adoption and making DeFi accessible to a wider audience.

A unified solution for DeFi portfolio management

Velvet Capital , an Intent Operating System for DeFi portfolio management, recently launched on Base to address the challenges of onchain trading and managing DeFi positions. By offering a unified and efficient way to manage assets, Velvet Capital enables traders to handle their entire DeFi portfolio from one platform.

Instead of juggling multiple platforms, traders can access protocols including Aerodrome, Uniswap, Aave, Beefy and more through the platform’s interface. To simplify and enhance DeFi portfolio management , Velvet Capital utilizes two key features: vaults and intent-based trade execution.

Vaults allow traders to create public or private spaces to manage assets. By enabling friends or community members to join, public vaults bring a social dimension to DeFi, with the vault creator earning fees based on performance. This structure facilitates collaboration and provides an opportunity for experienced traders to build track records and communities around their strategies.

Through its intent-based trade execution, Velvet Capital removes the complexity of determining the exact route for each trade (or DeFi action). Instead, traders specify their desired outcome — such as which tokens to swap into or protocols to allocate into — and the algorithms find the best onchain path across public and private liquidity sources. This feature saves time and effort as the platform handles the technical details, optimizing for the best possible trade execution across multiple DeFi protocols.

DeFi trading competitions and liquidity mining incentives

To further engage its user base and attract more traders to its platform, Velvet Capital is rolling out a series of campaigns alongside its Base launch. One such initiative is a trading competition that offers 10,000 USD Coin ( USDC ) and other rewards.

Participants compete by creating public vaults, adding liquidity and actively trading within the platform. The competition motivates participants to explore various DeFi protocols available on Velvet Capital and incentivizes strategic trading.

In addition to the trading competition, Cointelegraph Accelerator participant Velvet Capital has introduced Season 3 of its liquidity mining program. This campaign encourages deeper engagement by rewarding users for locking value, referring others and generating trading volume on the platform.

Expanding DeFi reach

Following its launch on Base, the platform is preparing for its upcoming Ethereum mainnet launch, expanding access to a broader range of users and assets. Additionally, Velvet Capital is planning to roll out support for Arbitrum, BNB Chain and other major networks.

Looking ahead, Velvet Capital also aims to expand its asset universe by integrating real-world assets (RWAs) and perpetuals into its platform, giving traders access to even more strategies and opportunities. With a token generation event (TGE) set for later in 2024, these developments point to a busy and promising future for Velvet Capital as it continues to refine its platform and expand its ecosystem.

Platforms like Velvet Capital have the potential to reshape how DeFi is approached, making it more accessible and streamlined. By removing technical barriers and offering a unified system for managing DeFi portfolios, Velvet Capital paves the way for broader adoption, helping to bring DeFi closer to mainstream finance.