The 40 Basis Point Illusion: Why Most DeFi Yield Isn't Paying You Enough
Stablecoin lending on Aave and Morpho barely beats Treasuries while carrying total-loss risk. Here's the math on what APY actually justifies DeFi's downside.
Interviews with DeFi projects, analytics, and important news about decentralized finance.
Stablecoin lending on Aave and Morpho barely beats Treasuries while carrying total-loss risk. Here's the math on what APY actually justifies DeFi's downside.
The SEC's Interpretive Release 33-11412 cleared specific crypto activities. We explore three speculative fundraising models inspired by the new guidance and where the legal risk still lives.
A broken minting function on Resolv Labs' USR stablecoin let an attacker turn $100K into $25M. Here's what happened, who got hurt, and what it means for DeFi security.
Two competing visions for machine-to-machine payments shipped on the same day. Here's how x402 and MPP differ, and why Stripe is betting on both.
The interpretation is real, detailed, and favorable. It's also not a safe harbor, not a statute, and open to revision.
A deep dive into Yearn's yvUSD V3 vault: zero fees, nine active strategies, two deposit modes, and an honest look at where the yield comes from.
A practitioner's guide to the hybrid TradFi/DeFi risks hiding inside tokenized real-world assets, and what the leading risk curators are doing about them.
Everything you need to know about issuing a stablecoin in 2026: models, regulation, infrastructure, and the new stablechains.
Tranched credit markets split lending pool risk into layers so different investors can choose their exposure. As of March 2026, they're becoming core infrastructure on EVM chains and Solana, driven...
Futard.io locks launch funds in escrow and uses prediction markets to govern spending. The treasury model is a clear upgrade. The futarchy governance is an open experiment with real limitations....
From Yearn's genesis to Apollo's $160M commitment to Morpho, DeFi vaults have evolved from experimental yield tools into institutional-grade infrastructure managing billions.
In January 2026, stablecoin networks moved more than ten trillion dollars. A look at where the money is, how it moves, and why it matters.
Aave had a rough winter. What started as a fight over swap fees turned into a full-blown war between the people who built the protocol and the people who theoretically...
The blockchain landscape has split more sharply than most architects acknowledge. The EVM ecosystem and Canton answer different questions—comparing them as if they were racing toward the same finish line...
A clear-eyed look at the on-chain AI agent economy onchain in early 2026.
How blockchain is transforming precious metals investing with $5+ billion in tokenized gold, silver, and beyond