佐爷歪脖山
做人民群众喜闻乐见的项目研究
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Ethereum becomes a Chinese concept stock
Ethereum is torn between its offshore architecture, dollar capital, and global deployment. It has served as an experimental channel but missed the golden age of price explosions.
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Clear Legal Outlook: No Revenue, No Payment
Both the Genius Act and the Clarity Act focus on the entanglement of stablecoins and interest-bearing activities. They fail to regulate DeFi and cross-regional arbitrage, which is why Wall Street is needed to act as an intermediary to control yields.
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Two peaches kill three warriors; Hyperliquid's operational strategy
On May 14, Native Markets announced that it would "sell" $USDH to the CC combination of Circle and Coinbase. After a brief period of operation in August, NM simply took the money and left.
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Hyperliquid's next piece of the puzzle: HIP-4 turns hedging into a liquidity engine.
Hyperliquid HIP-4 launched on Outcome Market, predicting a paradigm clash between Polymarket and Hyperliquid amid market liquidity challenges.
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A New Solution to DeFi Debt Resolution: Beyond Relief and Loss Socialization
Aave distributes triangular debt, Stani impersonates coordinator, and after the Kelp shockwave, how can DeFi save itself? Debt restructuring, Curve debt tokenization, agent-based real-time risk control and early warning: socialized losses or an efficient financial system?
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Harness Arbitrage Period: Saving DeFi from the Edge of SaaS
AI is reshaping DeFi with tokens and agents, challenging traditional SaaS and token economics by improving capital efficiency and organizational computability, and leading financial engineering into uncharted territory.
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Harness Arbitrage Period: Saving DeFi from the Edge of SaaS
How AI is reshaping DeFi and organizational structures through tokenization, analyzing how the decentralization of agent capabilities challenges traditional SaaS, and foreshadowing a fundamental transformation in financial and collaborative models in the era of zero-cost data.
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On-chain liquidity is not the same as liquidity: RWA is still one step away from achieving its goal.
How can RWA create new opportunities in the global liquidity war by combining tokenization with DeFi? This article explores on-chain practices from US Treasury bonds and stocks to private lending, revealing how blockchain technology is reshaping the value and trading paradigm of global financial assets in the context of liquidity premium revaluation.
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The Machines' Time: When Agents Consume Stablecoins
Circle's true brilliance lies in allowing agents to replace the limits of human numbers and spending power, creating a dream for the capital market of unlimited users.
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Making a fortune quietly (Sky/Spark): Rethinking DeFi through wealth management pools
Explore how the Spark protocol regulates APY through the $SPK token, builds a USDS stablecoin liquidity distribution network, and reveals the innovative application of DeFi token economics in RWA and on-chain wealth management.
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The Limits of Finance, the Value of Global Market Access
No matter how many lies are woven, the truth will still shine brightly.
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Emotion Market Makers: KOLs are Toxic Order Flows
The current pattern of a few major KOLs and a majority of small retail investors cannot bring the new user growth that exchanges are eagerly anticipating. It is hoped that a super information market maker will emerge in 2026.
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Compliance is the rite of passage for the underground economy.
Searching for the next arbitrage king.
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The Great Reckoning: CZ's Moral Integrity Shattered, Binance's Dark Side Completed
CZ was prematurely eliminated in the collusion of capital and power, or even never became an insider. In the end, he could only reluctantly become a "Canadian of Chinese descent holding a UAE passport," embracing an extremely awkward public image of "fighting for space for Chinese people in the crypto world."
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What's the most expensive thing in the 21st century? The traffic anxiety of stock exchanges.
In 2026, exchanges will face a traffic crisis. Retail investors, having become more aware, are no longer passive, and attention has become the new source of wealth. Platforms like Binance and OKX have failed in their battle for users, the KOL model has become ineffective, and the industry needs to reinvent its services to retain users.
佐爷歪脖山
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