Niels dB

No nonsense DeFi educator communicator

[Niels dB @theNielsdB]

The thesis suddenly seems so simple

- Risk Curators chase yield for institution capital
- Stablecoins seeing massive inflows
- DATs already shouting to deploy $ETH for yield

Everything boils down to #DeFi

DeFi summer 2.0 baby

[Niels dB @theNielsdB]

@SuzakuNetwork Would also say getting community feedback early on is invaluable. Getting real-time feedback from genuine users is unique.

No need to guess what to build, they'll tell you

[Niels dB @theNielsdB]

@hypha_sh I'm so [redacted]

[Niels dB @theNielsdB]

Beautiful sight to see @GMX_IO

Daily returns of GM ETH-USDC vs
daily returns of $ETH 👇

Each move in ETH, GM token does the inverse
📈 Some traders still win: So they come back
🏊‍♂️ LPs win over a longer time horizon

GMX Model works perfectly 👌

[Niels dB @theNielsdB]

@coreapp Huge

One of the missing pieces to disintermediate banks

[Niels dB @theNielsdB]

@Theomars_eth @BlackholeDex We're in the middle of the week
Stats were last updated 6h before that screenshot, meaning Wednesday hadn't been included

Proportionally, it has exceeds last week

[Niels dB @theNielsdB]

@BlackholeDex's next period will be interesting👀

Emissions are used to bootstrap
And bootstrap they have.

Volume and fees still climbing, despite TVL decreasing

Signs are good, will be keeping an eye on progress

[Blackhole @BlackholeDEX]

After epoch 14 ends, the protocol will be entering the next phase of emissions: Accretion Disk

During Phase 2 token distribution will gradually decrease by 1% each epoch until epoch 66 - helping manage inflation and focus long term sustainability

[Niels dB @theNielsdB]

Last weekend & most meltdowns?

Not the same

Big diff was that last weekend is already over. No prolonged price action from it (yet)

[Niels dB @theNielsdB]

Last Friday perfectly visualises GM v2 <> GM+ on @GMX_IO

GM v2 has a balanced approach. It handles longs in volatile tokens, shorts in stables. It's now showing to outperform in any market.

GM+ on the other hand, handles everything in volatile tokens. When shorts win, pay outs are exponential

Result: Value of GM v2 LP Tokens went up (outperformend underlying)
Value of GM+ LP Tokens went down (underperformed underlying)

[Niels dB @theNielsdB]

Compared to $1.6B that Solana got

Absolutely huge on a mcap-weighted basis

Avax szn 🔺️

[Coin Bureau @coinbureau]

🚨1 BILLION AVALANCHE TREASURY BUY!

Avalanche Treasury Co. has unveiled plans to purchase $1 BILLION worth of $AVAX, in partnership with Mountain Lake Acquisition Corp.

[Niels dB @theNielsdB]

@JackMandin @blockworksres One I'd love to see it combined with is stablecoin inflows too, just a little peeky

[Charles Guillemet @P3b7_]

🚨 There’s a large-scale supply chain attack in progress: the NPM account of a reputable developer has been compromised. The affected packages have already been downloaded over 1 billion times, meaning the entire JavaScript ecosystem may be at risk.

The malicious payload works by silently swapping crypto addresses on the fly to steal funds.

If you use a hardware wallet, pay attention to every transaction before signing and you're safe.

If you don’t use a hardware wallet, refrain from making any on-chain transactions for now.

It’s still unclear whether the attacker is also stealing seeds from software wallets directly at this stage.

Excellent report here: https://t.co/5CtiZJHYsN

[Niels dB @theNielsdB]

Such a beautiful chart @GMX_IO

At first, OI skewed heavily bullish
💱Traders PnL impacted GMX LPs hard
📈 Forecasting returns was tricky

Now everyone loves funding rate arbitrage
and the OI has become a "boring" 50/50 🥱

Leveraged yield farming got even more ❤️‍🔥

[Niels dB @theNielsdB]

@avax L1s at it again in high-level discussions

In a RWA talk for Ethereum, Austin Campbell brings up subnets again as solution

Following a podcast he did on Unchained, which @Nutymoon posted a while back

10/10 recommend
https://t.co/gCPhfdXBxQ

[Niels dB @theNielsdB]

DN &lt;&gt; HN, it's a running convo in DP
(and I mean between me and Gavin)

💲 DN has its benefits, I see that.. but

➕ HN is my style ➕
Easiest to maintain 💤
No worries about health 🏖️

With side benefits of
Most leverage 🚀 &amp; Slightly Bullish 🐂

Give me HN any day of the week

[DeltaPrime @DeltaPrimeDefi]

Being neutral doesn't always mean the same thing

💲 Delta-Neutral focuses on your $-exposure
➕ Health-Neutral minimizes health fluctuations

The higher the leverage, the sharper the trade-off

🧠 Know thy leverage, know thyself 👇

[Niels dB @theNielsdB]

@Nutymoon @avax Spicy, gonna tune into this one

Generally skip bits n bips, more of a Chopping Block guy. Love the takes and perspectives

[Niels dB @theNielsdB]

@Nutymoon @SuzakuNetwork @avax The idea that longtail tokens need high incentives/emissions to attract validators.

Incentives perhaps phrased it suboptimally. The mix of a bluechip and native token mitigates concerns by validators

[Niels dB @theNielsdB]

Everyone underestimates how bullish @SuzakuNetwork is for @avax

Yes, they help L1s decentralise

But most of all, teams laser-focused on 1 use-case:
- "pawn off" validation, focusing on their app instead
- use Restaking for security 👉 value accrual to own token w/o incentives

[Niels dB @theNielsdB]

⚙️ Risk Curators take care of everything

Even though USA is the biggest capital markets
Abroad also flees to USD

And everyone wants yield, with none of the homework
That's Risk Curators for you

[Niels dB @theNielsdB]

Everyone wants yield 💸
No one wants the homework 🔬: audits, risk modeling, monitoring

In DeFi, that will get you rekt
Enter Risk Curators ➡️ onchain money managers spending 100 hrs/week so you don't have to

Journey into web2.5: Risk Curators 📜

What?
Risk Curators are experts in capital management:
1) Build & maintain high-yielding diversified portfolios
2) Analyse safety through audits, oracles, protocol dependency
3) Risk modeling with stress tests, simulations, knowing when to exit in time or when to enter new high-yielding positions

TradFi institutions have been using money managers for years
Now, you can use them too with DeFi & Web2.5

We get the best of both worlds:
🏦 Deep expertise in Finance and security
⚖️ 24/7 managed risk-adjusted portfolio
🌐 Anyone has access (democratised)
🕙 Real-time analytics and transparency
🏖️ None of the work

Active Risk Curators 👇
@Re7Labs is a great example. Re7 deploys many assets onchain using the DeFi protocols we know. This offers yield on: $USDC, $AUSD, $savUSD, $AVAX, $BTC and $ETH on @avax. Also highly active on Ethereum and @base using @MorphoLabs

Others are;
- @gauntlet_xyz big on $ETH and $USDC on Eth and Base. Uses strats such via @pendle_fi, bridges, LPs, and lending operations.
➕ Offers real-time insight into allocations
- @SteakhouseFi lends $USDC against blue-chip crypto and RWAs. Mostly on Eth using Morpho and @SkyEcosystem
- @MEVCapital leverages various strats for yield; MoneyMarkets, (re)Staking / Yield protocols, long-shorts. Institution-gated though

The TLDR:
- Risk Curators are onchain asset managers
- They build and maintain yield strats
- All onchain for real-time analytics and transparency

Have you deposited with one already, or why not?

Catch up on the wider Web2.5 trend here 👇

[Niels dB @theNielsdB]

Prong 3/3 of #DeFi summer 2.0

📊 TVL in Risk Curators is going vertical
Flat in 2024, &gt;$7b in mid 2025 🚀

Why❓

Institutions want professional money managers
Result: Risk Curators ⚙️

[Niels dB @theNielsdB]

The thesis suddenly seems so simple

- Risk Curators chase yield for institution capital
- Stablecoins seeing massive inflows
- DATs already shouting to deploy $ETH for yield

Everything boils down to #DeFi

DeFi summer 2.0 baby

[Niels dB @theNielsdB]

Crypto week was successful, which means:
💵 GENIUS Act: Stablecoins are legal
💡 Clarity act: Some rules vs the SEC

Every large company has been researching stablecoins
Now they can act, and deploy capital to earn yield

But the onchain world is so scary 😨
Enter Risk Curators 👇