the @Uniswap Protocol is severely under appreciated in public
It is touched by millions of adresses each week
On any given market, you have the most passive retail user sitting right next to the most active hedge fund, all competing down the price to trade
All of this while being immutable. The thing just works -independent of any human
This protocol is fucking beautiful
the @Uniswap Protocol is severely under appreciated in public
It is touched by millions of adresses each week
On any given market, you have the most passive retail user sitting right next to the most active hedge fund, all competing down the price to trade
All of this while being immutable. The thing just works -independent of any human
This protocol is fucking beautiful
uniswap dex marketshare this week:
number one on ethereum (67.3%)
number one on arbitrum (84.6%)
number one on base (46.6%)
defi will do multiples from here as more value comes onchain, and uniswap will serve as the liquidity layer
Fidelity, one of the world's largest asset management firms, is moving onchain with stablecoins
They chose Uniswap as the liquidity layer
Pools for $FIDD are live on the protocol
WHAT IS USMNT HEAD COACH MAURICIO POCHETTINO COOKING.
A GREAT FIRST HALF FROM THE USMNT AGAINST GERMANY AFTER CONCEDING EARLY.
GET BEHIND THIS TEAM. 🇺🇸
👏👏👏
I haven’t verified the data myself, but I heard Pendle YTs on average are negative EV assets in general
I would have guessed with 99% certainty that it would be the opposite, with a risk premium / insurance premium paid to those seeking volatility
In reality, there’s structural demand for YTs paying a premium to hedge out borrow costs using things like USDe YTs as a proxy for borrow rates, hence PTs on average outperform the underlying
I think the answer is we just need interest rate swaps, but this is fascinating stuff