Programmable Asset Ledgers Fundamentally, blockchains are asset ledgers....Moving assets Programming assets Objectively, any crypto use case that harnesses any of these features...to securitizing assets may be high, tokenizing these assets on-chain comes with less friction....unlock the ability to program logic directly into assets.

...success lies Ethena’s fundamentally different approach behind what the market has conceptualized as a “synthetic...Simultaneously, structuring USDe as a “synthetic dollar” has allowed Ethena to take full advantage of...the inherent network effects that come with being a monetary asset.

Introduction Over the years, secondary markets for digital assets have undergone significant structural...The digital asset secondary market is increasingly resembling the robust secondary markets in traditional...Theme #1 – Digital Asset Secondary Market Continues To Mature Digital asset markets have evolved markedly...

Delphi Labs is proud to present an analysis on price oracles for derivative assets....In this piece, we’ll analyze pre-existing assumptions on price oracles for derivative assets within the...Specifically, we’ll discuss why using the underlying asset’s price as the oracle for a derivative asset...

...is reducing the cost of capital by replacing financial intermediaries or allowing users exposure to synthetic...This is where tokenizing real-world assets (RWAs) comes into play....Asset Originator: The asset originator creates the tokenized RWA and pledges it to the issuer as collateral...

...conditions for the collateral asset depreciate....Ray III (current CEO of FTX) reads: “First, customer assets from FTX.com were commingled with assets...FTX wasn’t able to liquidate its assets. Alameda didn’t repay its loans....Since there is only 5M USDC in the pool, $95M of assets on paper would yield a mere $5M when sold.

Everytime this lower boundary is tested, it has produced decent entries across the board not expect...

Some think REV it’s the ultimate metric to value chains & price assets, others think it’s just another...In mature chains, you want to see value capture flow back to the asset....It will be based on pure narrative play, just like today, just like the majority of assets....Even in the short list of ‘revenue-positive’ assets, price is still mostly narrative-driven.

Through its synthetic dollar, USDai, USD.AI offers a better way to scale AI hardware and DePIN mining...The USDai synthetic dollar will incorporate numerous loan arrangements like the above example under one...USDai Deep Dive USDai is a synthetic dollar backed by loans against AI hardware, compute, and DePIN assets...

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In this article we introduce deUSD, Elixir’s synthetic dollar, which serves as preferred collateral within...First, users are able to provide liquidity directly to asset pairs....The second means of getting exposure to Elixir’s market making functionalities is through deUSD, a synthetic...

For the uninitiated, Mirror is a synthetic assets protocol built on top of the Terra blockchain....main pieces to the protocol: 1) The mechanics that underpin the creation, liquidation and pricing of synthetic...Let’s explore each of these parts: Creation/Minting: To mint synthetic assets (called mAssets in Mirror...world assets.

Users can now wrap assets such as ETH to sETH in a capital-efficient manner as the synthetic equivalent...However, issues arise when the synthetic asset is traded for another because the synths are all connected...Secondly, the AMM collateralizes puts and calls with synthetic assets.

Beyond just a chain, Mantle has pursued a strategic approach to assets, to ensure high standards of quality...USDe: Developed by Ethena, USDe is a synthetic USD token that generates yields through a combination...Mantle and Manta both provide yield-bearing options, whereas Blast operates with a rebasing synthetic...

@RaminNasibov Another strategy that’s being pursued is synthetic data....And OpenAI is reportedly using o1 to create synthetic data for GPT-5/Orion....Claude 3 was trained on synthetic data (“data we generate internally”)....We want are synthetic intelligences to be “real” synthetic intelligences!!

Among these projects is Gains Network, a synthetic derivatives platform originally deployed on Polygon...gTrade features a synthetic model with oracle-fed prices....Maximum open collateral per asset class. Upside per trade capped at 900%....In summary, Gains Network borrows some concepts from the MakerDAO model to offer synthetic leverage trading...