To be sure all our Institutional members were able to benefit from the open conversations with strong teams building and investing in the space, we’re sharing a transcript of the first official AMA we...

There are countless projects competing to build the most robust spot market in DeFi....Aggregators will connect to all of these protocols to enhance the UX of DeFi....In DeFi, we’re seeing competition amongst protocols brew in a similar fashion....For certain DeFi blue chips, Sushiswap has deeper liquidity than Uniswap.

In 2020, the worlds of decentralized finance and NFTs collided dramatically as the DeFi Summer drove...As the DeFi boom subsided towards the end of summer, the NFT space began to see its highest volumes since...On the one hand, DeFi can provide a dramatic expansion of utility, functionality, and access to more...

DeFi Summer Four years ago, DeFi “Blue-Chips” such as lending protocol AAVE and derivatives protocol...For those of us who remember when AAVE was “ETHLend”, the notion of “DeFi” did not yet exist, and the...But, in the midst of hacks, rug pulls and smart contract exploits…a category of reputable DeFi protocols...

...the basics of Polkadot’s mechanics while highlighting a few stand-out projects that are helping build DeFi...

Market Update With L1 szn taking hold of crypto markets, DeFi coins have fallen out of favor over the...into an index for Solana and Ethereum DeFi tokens....its outperforming individual DeFi tokens in light of SOL’s stellar rally....fit relative to all other sectors of DeFi....DeFi money markets are as strong as they ever have been.

...that perpetual futures are incredibly important for crypto — and now they’re making their way into DeFi...Earlier this year, we published a deep dive into DeFi perpetuals....compare dYdX and Perpetual Protocol’s recent activity in greater detail, since they’re basically the only DeFi...

Teller is a credit risk protocol that uses bank/CeFi data to enable undercollateralized loans on DeFi...Unsecured lending is perhaps the least penetrated vertical in all of DeFi....Aave and Compound, the top DeFi debt markets, facilitate trustless loans....With Teller, users can enjoy the composability of DeFi and the efficiency of TradFi.

PayPal and Coinbase also offer native yield of 4-5% for idle cash....cards are able to mitigate security concerns and work as advertised, we likely see the birth of Gen 4...Therefore, additional UX wrappers are necessary for both Gen 3 and Gen 4 to truly unlock the next level...

Introduction Undercollateralized lending accounts for an underwhelming portion of DeFi lending activity...However, unsecured lending is one of the best ways to unlock capital efficiency in DeFi, and various...The State of DeFi’s Unsecured Money Markets It has been a tough year for crypto tokens as a whole, and...DeFi money markets have not been spared.

— Since publishing “Fast Follower Forks in DeFi” a few weeks ago, I’ve talked with many founders and...top DeFi protocols....DeFi co-creation partnerships: Partner with other DeFi protocols to not only fast follow, but also quickly...community managed DAO to support the creation, growth, and integration of forks into your protocol.   4.

In 2020, the worlds of decentralized finance and NFTs collided dramatically as the DeFi Summer drove...As the DeFi boom subsided towards the end of summer, the NFT space began to see its highest volumes since...On the one hand, DeFi can provide a dramatic expansion of utility, functionality, and access to more...

...evangelists and Bitcoiners are misguided as DeFi is, in my opinion, entirely complementary to Bitcoin...While it’s fair to criticise flaws in the current incarnation of DeFi, decentralised finance as a concept...Indeed, I argue that Bitcoin and DeFi need each other, with the former being the digital store of value...This is where DeFi comes in.

For full disclosures, see our transparency page....traditional markets, the very idea of a moat seems impossible to the point of being paradoxical in DeFi...In this daily, I explore the concept of a moat in DeFi....While DeFi platforms do not benefit from proprietary data given the open nature of blockchain networks...

...crazy crypto bull market was still going on based on some of the daily returns projects within the DeFi...Year to date, Aave has soared into the top 5 on DeFi Pulse’s leaderboard and is already closing in on...and very little liquidity, its token MLN was up ~25% this past week as investors really embraced the DeFi...

The State of DeFi and Where It’s Going DeFi was the golden child of 2020, acting as the first true narrative...DeFi has its problems....Theme #4: Undercollateralized Money Markets We’ve written about undercollateralized money markets like...At most, the average person probably has 4-5 financial apps they use to get everything done.

“How can I better capture DeFi performance in my portfolio?”....Some current options for wider DeFi exposure are buying sDEFI on Synthetix or trading DeFi perps on FTX...There is $1.99m locked in USD ++ USD++ V2 Composition o    47% USDC o    29% TUSD o    20% DAI o    4%...The real fun begins once the DeFi pies are ready.

DEXs have a ~3% market share of the top 4 CEXs....The use of top 4 CEXs for comparison skews results in favor of DEXs....soon bring TradFi yields on-chain and has begun teasing this feature on their IPOR index analytics page...Term Labs’ rolling 4-week auctions have produced a fixed rate substantially below Aave’s variable rate...

Delphi Daily on UMA....

Delphi Daily on UMA....