Blockchain

During a $19 billion mass contract liquidation event, several major CEXs that dominate trading volume exposed significant concentration risks inherent to centralized platforms. As a result, market funds rapidly migrated to on-chain platforms, giving perpetual contract DEXs a prime opportunity to showcase their structural advantages. The article examines differences among platforms like Hyperliquid, Grvt, and Aster in maker fee rates, yield on balances, margin returns, and vault investment strategies. This showcases how DEXs become "yield battlegrounds" during liquidation periods.

The article thoroughly examines ENSO's funding history, team structure, and market positioning, giving readers a well-rounded view to assess the project.

The article also proposes technical solutions to improve market structure, emphasizing the importance of maintaining market stability during periods of stress.

Through numerous case studies and a clear vision, this article gives readers a comprehensive look at how AI and blockchain technology reshape the future of digital assets and the financial industry.

The article not only offers profound insights into market cycles but also provides practical action guidelines for token project founders and investors, helping them understand how to build and identify token projects with long-term value.

The article not only analyzes the competitive landscape of the perpetual futures market but also presents the author’s criteria for identifying investment opportunities, emphasizing the importance of tokenholder alignment, product and revenue growth, and token utility.

This article examines the current state of meme coins on BSC, questioning whether they still embody their core “meme” characteristics. The author argues that exchanges and prominent influencers have propelled the recent surge, creating a manufactured bull market and driving manipulation fueled by trading volume, rather than fostering genuine, community-led cultural assets. The piece also explores potential standards and evaluation frameworks for meme coins’ long-term viability. It discusses the role and risks faced by retail investors in the attention-based economy.

This article presents in-depth interviews with three seasoned Polymarket users, uncovering their arbitrage approaches in prediction markets—including end-of-market sweeping, multi-option probability arbitrage, market making, and news-driven trading. The author further analyzes how these strategies impact liquidity structure, risk management, and technical requirements, while highlighting both the opportunities and constraints faced by typical participants.

This article contends that a16z essentially operates as an integrated "media company and capital platform," distinguished by its ability to systematically scale content production to shape sector narratives through market signaling. It then strategically deploys capital into key areas to drive valuation growth. The article analyzes a16z's "Five-Step Narrative Method," its closed-loop capital mechanism, and its power structure, examining how venture capital firms like a16z leverage content and influence to transform investment models.

The article thoroughly outlines the technological advancements of next-generation on-chain Central Limit Order Book (CLOB) DEXs and provides essential perspectives on the future trajectory of DeFi and the evolution of trading technologies.

The article not only provides a detailed review of multiple oracle attack incidents since 2020, but also analyzes their common patterns and industry responses, highlighting the sector’s slow and incomplete approach to addressing recurring issues.

Through a comparative analysis of liquidity, price volatility, and market structure across different trading platforms, the article uncovers the true cause behind Binance’s price anomaly.

DEXs have evolved from experimental alternatives into direct competitors to CEXs, narrowing the market gap through on-chain central limit order books (CLOBs), zero-fee structures, transparent settlement, and high-performance trading experiences. The article provides an in-depth analysis of the competitive dynamics between DEXs and CEXs in both spot and perpetual futures markets, examining their structural advantages and future growth prospects.

Kerrisdale Capital has taken a short position against BitMine (BMNR), an Ethereum-focused firm, citing the company’s unsustainable approach to issuing shares at a high premium and diluting equity. The short report presents six core arguments, including dilution of ETH per share, declining premium trends, lack of transparency in funding methods, and escalating market competition. These factors cast doubt on the long-term viability of the DAT model.

This article analyzes the mechanisms and volume boosting strategies of leading prediction market platforms like Polymarket, Kalshi, Myriad, and Limitless. It covers topics such as order book liquidity rewards, position returns, arbitrage, hedging, platform points, and token expectations, and explains how users can participate and optimize their strategies. Whether you're new to prediction markets or an experienced arbitrageur, this guide will help you understand the underlying logic and potential risks of volume boosting.