The Latest Updates making DeFi #BetterOnSummer 🚀

Firstly, we launched Automation features on Layer 2, allowing you to make the most out of market moves, without the need for constant monitoring and manual adjustments.

Managing your position has never been easier and more affordable, with L2 fees costing a fraction of Mainnet, and Auto-Buy and Auto-Sell automations helping do the hard work for you. It’s a win-win, and you can get setup in just a few clicks!

• Auto-Sell: safeguard your position during price drops

• Auto-Buy: seize opportunities during price increases

• Simultaneous Actions: maintain a constant multiple by using both Automation features

Also, keep an eye out for more information in the coming days, we will soon be launching Stop-Loss for Aave on L2s, as we continue our mission to make DeFi and lending markets more accessible.

Learn how to set up Automation features in the Blog Post.

Secondly, we integrated Multiply for Morpho Blue, allowing you to take advantage of the lowest fees in the market, and multiply your exposure to any asset just as you would for Multiply with other protocols.

What are the advantages? 

• Enter a position with any supported collateral 

• Increase or decrease your exposure to any asset in Morpho Blue

• Enjoy the cheapest options on the market without leaving Summer.fi

As the cheapest alternative on the market, using Multiply on Summer.fi is still seamless and simple. Whether it's entering a position with any supported collateral or adjusting your risk multiplier, you can do it in just a few clicks from your position on Summer.fi.

Read more about Morpho Blue in the Blog Post. 

*UK users: not an invitation or inducement to deal in crypto. See Blog Post.