Advertisement

Research & Opinion

Expert analysis and perspectives on the ever-evolving blockchain and fintech sectors.

Top Stories

DeFi Is Renting Its TVL and Calling It Growth

DeFi Is Renting Its TVL and Calling It Growth

Every incentives team knows the chart. Emissions start, TVL rises, dashboards light up, and the program looks like it worked. Then emissions end and the line returns to where it began.

Free newsletters

The Defiant Daily

Independent reporting on crypto and DeFi. The stories that matter, in your inbox.

Monday–Friday. Free. Unsubscribe anytime.

No PRO membership needed. Privacy policy

Explore all newsletters

Recent articles

DeFi Is Renting Its TVL and Calling It Growth

DeFi Is Renting Its TVL and Calling It Growth

Every incentives team knows the chart. Emissions start, TVL rises, dashboards light up, and the program looks like it worked. Then emissions end and the line returns to where it began.
Zoomex Highlights Key ETF Market Trends Ahead of This Week's Federal Reserve Decision

Zoomex Highlights Key ETF Market Trends Ahead of This Week's Federal Reserve Decision

Zoomex brings the week's biggest ETF stories onto a single, rule-based derivatives venue, giving traders easy-to-use exposure to SPY, QQQ, IWM, XLF, XLK, and TQQQ ahead of this week's interest rate decision.
PLACEHOLDER — tokenization op-ed cover

Tokenization Is About Much More Than Bringing Assets Onchain

Instant settlement, automated coupon payments and collateral that can be re-pledged in DeFi are what separate a tokenized asset from its offchain version.
The Next Bull Run Could Be One Big Airdrop Away

The Next Bull Run Could Be One Big Airdrop Away

History says major airdrops mark tops as often as they spark rallies, but the timing is everything.
Why DeFi Needs Onchain Insurance: The $100 Billion Coverage Gap

Why DeFi Needs Onchain Insurance: The $100 Billion Coverage Gap

DeFi carries close to $100 billion in total value locked, and under 2% of that is covered by anything resembling insurance. Firelight's Connor Sullivan argues the real gap isn't missing coverage but coverage nobody outside the deal can verify.
Bitcoin’s $4.4 Billion ETF Slowdown Is Revealing Something Bigger

Bitcoin’s $4.4 Billion ETF Slowdown Is Revealing Something Bigger

Bitcoin’s slide from above $80,000 to the low $60,000s has reset the conversation, and the most structurally significant development is a sustained outflow from spot Bitcoin ETFs, including a 13-session streak that saw $4.4 billion redeemed between May 15 and June 3. The market is now discovering what Bitcoin looks like when that ETF tailwind stalls, with AI-linked equities competing for the same capital that fueled crypto’s recovery.
The Material Holding America Together Is Disappearing. AetherStrike Tokenized It.

The Material Holding America Together Is Disappearing. AetherStrike Tokenized It.

A regulated security backed 1:1 by independently certified bitumen reserves — issued under ERC-3643, settled on Ethereum, and offered to accredited investors through a dedicated SPV. The thesis: a structural supply shock in U.S. asphalt binder, met with a tokenization framework purpose-built for the kind of long-lifecycle, securities-compliant commodity exposure institutional balance sheets actually want.
73,000 BTC Bought Quietly: Why This Recovery Looks Structurally Different

73,000 BTC Bought Quietly: Why This Recovery Looks Structurally Different

The strongest signal in Bitcoin right now is not price, but who is taking supply off the market.
Polymarket Hit $25.7B in March Volume as Retail Traders Bet on Sports, Politics and Crypto

Polymarket Hit $25.7B in March Volume as Retail Traders Bet on Sports, Politics and Crypto

A study of 1.29M wallets shows users returning more often and trading across more categories, with sports leading at $10.1B and crypto serving as the main onboarding gateway.
Standard Chartered Calls Kelp Aftermath DeFi's 'Antifragile Moment'

Standard Chartered Calls Kelp Aftermath DeFi's 'Antifragile Moment'

The bank's digital assets team argues the post-Kelp coalition response and structural fixes around bridges leave DeFi stronger, not weaker, ahead of the Ethereum Economic Zone going live this summer.