Top Results131 results
The Future of Order-Book Liquidity (Part II - deUSD)
Given both positions offset one another, this creates a delta neutral position insensitive to any price...Consequently, this could undermine the delta-neutrality of the basis trade....Elixir introduces deUSD, a synthetic dollar backed by stETH and short ETH-PERP positions, enabling delta-neutral...
12 Min
Orderbook
May 2025
Inside the Ecosystem: Fueling Aptos' Global Trading Engine
This is an incentive to balance out the OI for a market to try and ensure LPs are as close to delta neutral...Ethena’s stablecoin, USDe, also came on board in Feb., bringing fully on-chain and delta-neutral stabelcoin...
39 Min
Infrastructure
Jun 2025
Beyond the $HYPE: An Objective Analysis of Hyperliquid
...of time that the spot product has been live certainly contributes to this discrepancy, I expect this delta...
17 Min
DeFi
Feb 2025
The Path to DeFi's ETF Moment: The Rise of Morpho, Curators, and Mullets
Gauntlet is curating vaults on Symbiotic (restaking) and Drift (delta-neutral perps), and others like...
26 Min
DeFi
Apr 2025
Bigger Than Binance: How Pump.fun's $1.3B Raise Sets Up Crypto's Most Hated Rally
In my view, the massive delta between sentiment and fundamentals, plus the growth potential from their...
30 Min
DeFi
Jul 2025
Plume × Royco Genesis Incentives – Day-1 Yield Markets
PLUME beta. nBASIS IAM — Basis Trade + PLUME Incentives The nBASIS Royco market combines real-world delta-neutral...
4 Min
DeFi
Jun 2025
The Year Ahead for DeFi 2025
My base case is active addresses reach 20M as the delta between trading volume and stablecoin addresses...Therefore, as the delta between “value capture” and “attention capture” increasingly erodes in 2025,...
72 Min
DeFi
Dec 2024
Liquity v2: Evolving Onchain Leverage
...or money markets, the user could set a 1% interest rate and long stETH, being paid the yield-borrow delta...
20 Min
Debt-Backed (CDP) Stablecoins
Nov 2024
The Year Ahead for Infra 2025
...of a few perp chains (Hyperliquid, dYdX), and while there are some interesting new L1s like Initia, Delta...fulfill the appchain vision I believe it will be Initia or some of the newer, further out ones like Delta...October 9, 2024 We cannot go into each of these designs in depth, but they are more or less similar: Delta...
128 Min
Infrastructure
Dec 2024
The $UNIT Opportunity: HyperUnit’s Quiet Power Play in the Hyperliquid Stack
...fully composable with HL’s perps and future DeFi stack — enabling spot-perp arbitrage, cross-margining, delta...
6 Min
DeFi
Apr 2025
Market Musings - Strong Summer Start Turns Sour
BTCPERP) to create a delta-neutral position.
12 Min
Macro & Markets
Jun 2024
The Year Ahead for AI + DePIN 2025
Today, the system’s antiquated nature is becoming increasingly reflected in the delta between generation...
122 Min
Artificial Intelligence
Dec 2024
The Revival of MakerDAO: Unpacking The MKR Thesis
The delta between what Maker generates from its assets and pays out on its liabilities is essentially...To sum things up, Maker’s core business ultimately boils down to the delta between the yield generated...income: Increasing the supply of DAI Increasing the relative share of unstaked DAI Increasing the delta...
18 Min
DeFi
May 2024
The Rise of Ethena: Unpacking The Emerging Synthetic Dollar
Moreover, by democratizing access to the delta-neutral basis trade and allowing it to seamlessly compose...Positive Delta (stETH) + Negative Delta (Short ETH-PERP) = Delta-Neutral (USDe) Consequently, if the...USDe’s delta-neutrality means that only $1 of collateral is needed to mint 1 USDe.
40 Min
DeFi
Apr 2024
Contango: A Forward-looking Approach to Leverage
...to unwind these positions in a timely manner, whether due to a stressed peg or calibrating portfolio delta...
13 Min
DeFi
Jun 2024
Solana the Modular
One important difference to note between rollups on Solana and Ethereum is the performance delta, and...
50 Min
Layer 2 / L2
Aug 2024
Some 2025 Predictions
Prediction #10: The delta between attention and value only continues to erode As the rawest manifestation...
5 Min
DeFi
Jan 2025
Delphi's Infrastructure Year Ahead 2025
There’s Delta, Pod, and Heil, I think....So what happens, let’s say particularly in case of Delta, uh, it’s a shared state on the L1, uh, and,...
52 Min
Infrastructure
Dec 2024
Delphi's DeFi Year Ahead 2025
Again, I think it’s the way I would describe this is you’re going to see kind of the delta between value...
63 Min
DeFi
Dec 2024
Delphi's AI + DePIN Year Ahead 2025
I think if you’re talking strictly about agents, I think kind of the delta between having a moat and...
65 Min
Other
Dec 2024