Perpetuals are a swap product for traders to hold exposure indefinitely, versus having to roll their futures positions. It was BitMEX who solved this problem with what’s now popularly known as “the perpetual swap”–a Bitcoin derivative contract that never expires. In 2020, these perpetuals markets on Bitmex and the likes of Binance can generate billions…

If you’ve read our post on Maker, you now understand the granddaddy of all DeFi — Maker DAO.In this post, we’re going to cover an advancement of this lending and borrowing concept in DeFi, that is somewhat reminiscent of pawnshops. So here’s a setup you might know if you’ve ever been to a pawn shop…

MakerDAO is exactly what it sounds like –it’s a DAO, a decentralized autonomous organization and its purpose is to make DAI. DAI is a digital dollar backed by locked up cryptoassets like ETH, BAT, WBTC, KNC, and more. What Maker figured out years ahead of the explosive rise of DeFi is that a stablecoin could…

DeFi is constantly changing, with new projects popping up seemingly every single day. This is by no means an exhaustive list. It’s just the tip of the iceberg. We went with the more tried and tested projects, the ones that have been live the longest and have the most value locked in their smart contracts.…

In DeFi, our money is controlled by us, the user, while the apps we use are created by different teams who share one common thread, the blockchain. In most cases that’s Ethereum. The first tool one needs in DeFi is a wallet that interacts with smart contracts in DeFi apps so you can tell the…

DeFi today can be found mostly flourishing on Ethereum. New applications launch faster than you can keep up with.That empire is only going to grow. The network effects of developers working together and building composable tools that can be stacked and benefit one another is a very competitive moat, making it difficult for other smart…

While crypto has been around over 10 years, the most popular apps until the last year have been centralized crypto exchanges. These centralized exchanges like Binance and Coinbase do billions in trade volume daily but also require users to submit personal details like name, email and even physical address. This might seem harmless at first…

In DeFi, the possibilities of what can be built to replace legacy finance are endless, but there are a few use cases that every newcomer to DeFi will want to know about and explore early on because 1) they’re easy to understand and 2) battle-tested with billions in liquidity and hundreds of thousands of users…

dApps or decentralized applications are applications powered by a public blockchain protocol like Ethereum. When you build a dApp on Ethereum, you’re programming a simple set of rules for an application to follow when it receives money or other inputs from users. Smart contracts are a lot like programming a robot. Smart contracts on a…

The SushiSwap community is now voting on a proposal to build SushiSwap on the Solana blockchain using the Solana-based Raydium DEX as a bridge. Raydium proposes “acting as a bridge and partner for SushiSwap’s expansion onto Solana,”  allowing SushiSwap to access additional liquidity from Serum and leverage the chain to increase transaction fees and lower…