Reports590 results
BlackRock
BlackRock The SEC is suing Ripple and the lawsuit is expected to come to fruition soon. Ripple’s lawyers have been […]...
12 Min
Asset Management
Jun 2023
Maverick Takes Aim at the DEX Landscape
There’s a brand new DEX in town, and it’s quietly sitting among Ethereum’s top 5 DEXs by volume. Maverick Protocol has been off to a great start since its recent launch on Ethereum and zkSync....
11 Min
AMM
Jun 2023
Gary's Protection
Gary’s Protection In spectacular fashion, the SEC has filed lawsuits against the two largest cryptocurrency exchanges, Binance and Coinbase, on […]...
8 Min
Spot Exchange
Jun 2023
Voltz, IPOR, and the Next Wave of Interest Rate Derivatives
Interest rate derivatives are perhaps the most underdeveloped and underexplored area in all of crypto. Interest rate projects have struggled mightily to attract liquidity, and seemed forgotten about t...
22 Min
Derivatives
May 2023
Lido's Game Theory
Liquid Staking Derivatives (LSDs) enable users to swap ETH in return for a derivative token that represents staked ETH. LSDs let users bypass the frictions of staking ETH: (i) the technical know-how o...
5 Min
DeFi
May 2023
Level Finance's Success and Sustainability
Level Finance is an oracle-based margin and spot trading decentralized exchange (DEX) that emerged following the success of GMX. Its growth has been remarkable since launching in 2023, achieving volum...
12 Min
Derivatives
May 2023
Analyzing Leverage Ratios and Altcoin Price Movements
Leverage is a double-edged sword, and is frequently misunderstood in the realm of crypto trading. While it can act as a profit multiplier for disciplined traders, it simultaneously serves as the harbi...
17 Min
Derivatives
May 2023
Risk Analysis on Centralized Stablecoins
As a critical component in the crypto ecosystem, stablecoins play a vital role in providing a safe haven for investors and serving as the asset of choice across exchanges, lending markets, and virtual...
12 Min
Stablecoins
Apr 2023
Uniswap's Fee Switch
Uniswap has a cumulative total of ~$1T volume, often competing with CEXs like Coinbase for volume on major pairs. Uniswap views CEXs as its primary competitor rather than other DEXs. The Uniswap commu...
11 Min
DeFi
Apr 2023
Market Note: DeFi's Resurgence?
Price action following the COVID crash saw DeFi outperform pretty much every asset. Since then, DeFi has generally not shown any meaningful strength against the rest of the crypto market. That is, unt...
11 Min
Macro & Markets
Mar 2023
USDC De-Pegs & Bitcoin Rallies
🔍 USDC De-Pegs & Bitcoin Rallies If you haven’t been living under a rock, you’re probably inundated with headlines spelling […]...
8 Min
Cash-Backed (Custodian) Stablecoins
Mar 2023
Trader Joe's Novel Take on Concentrated Liquidity
Trader Joe’s LB introduced a novel innovation that created an alternative model of concentrated liquidity and provides more flexibility for LPs. Its unique implementation of a constant sum invariant w...
9 Min
AMM
Mar 2023
Analyzing Market Behavior for Key Airdrops
Airdrops are one of the most sought-after events for users of on-chain projects. It’s the distribution of a protocol’s token, often to historical users. The aim is to reward loyal users and encourage...
17 Min
Asset Management
Mar 2023
Monthly Chartbook - Wishful Thinking
Investors are people, and they, too, underestimate the likelihood (and duration) of bad things happening. So far, 2023 is shaping up to be a case study in this kind of wishful thinking....
19 Min
NFTs
Mar 2023
Are Infinity Pools the Next Big Speculation Primitive?
Implementing leverage in crypto is not easy. Many current platforms use middle-term solutions or large off-chain components. Crypto leverage trading therefore lacks the composability and permissionles...
12 Min
AMM
Mar 2023
MakerDAO's 2022 Fundamentals
All in all, 2022 was a year of survival for Maker. Their fundamentals took significant hits, but so did the rest of the market. Their dominance in the stablecoin sector is as of yet unchallenged, and...
12 Min
Debt-Backed (CDP) Stablecoins
Mar 2023
Radiant Capital Finds Initial Traction, But Will It Sustain?
Radiant Capital aims to be a one-stop money market where users can deposit and borrow across multiple chains seamlessly. While money markets like Aave exist on many different blockchains, they don’t h...
12 Min
Money Markets
Mar 2023
A Look at Convex's Business Model and a Looming Catalyst
Yield farming, or some form of token-based bootstrapping, has become a core component of every project’s go-to-market strategy. Protocols actively think about how best to employ game theory to attract...
10 Min
Vaults
Feb 2023
Gains Network Gains Ground
Arbitrum’s DeFi ecosystem is starting to look strong. Arbitrum-native projects such as GMX have outperformed during the bear cycle and rekindled the spirit of experimentation and composability. Arbitr...
11 Min
Perpetual Futures
Feb 2023
SEC vs. BUSD by Paxos
🔍 SEC vs. BUSD by Paxos Stablecoins are one of crypto’s most impactful innovations. It’s one of the rare products […]...
7 Min
Stablecoins
Feb 2023