Crypto Fundamental Investor/Analyst

Josh Du

NASDEX Ltd

We believe that the tokenization of all asset classes, including stocks, is inevitable as the world further increases adoption of crypto and blockchain technology.

NASDEX is designed to serve as a bridge between the crypto world and the equity world. We believe that the onchain adoption of the equity asset class will deliver increased accessibility with improved capabilities for both crypto and equity investors

Crypto

<ul>
<li>In this report, we explore the potential encroachment on the USD1.4 trillion global retail banking revenue by crypto DeFi protocols </li>
<li>With USD270 billion total deposits, DeFi protocols can already be counted as the 12th largest US bank by deposits</li>
<li>Finally, we teach our readers how to become a yield farmers and earn attractive yields with DeFi</li>
</ul>


In this report, we explore the potential encroachment on the USD1.4 trillion global retail banking revenue by crypto DeFi protocols 
With USD270 billion total deposits, DeFi protocols can already be counted as the 12th largest US bank by deposits
Finally, we teach our readers how to become a yield farmers and earn attractive yields with DeFi


Crypto Yield Farming Part 1 - Funny Name but a Real Threat to the Banking Sector?

Data-Driven Analysis of Cryptocurrency Markets, Kaiko

Kaiko

Data-Driven Analysis of Cryptocurrency Markets

Kaiko is the leading cryptocurrency market data provider for institutional investors and enterprises. We empower market participants with accurate, transparent, and actionable financial data to be leveraged for a range of market activities. Kaiko’s mission is to be the foundation of the new digital finance economy by serving as a single source for market information. Our mission is premised on the idea that high-quality data drives market efficiency and greater transparency throughout the industry. For each of our enterprise clients, we build custom data plans designed for a range of use cases.

<ul><li>Curve's 3pool and Uniswap V3’s main USDT-USDC pool both became imbalanced heading into the weekend as USDT selling escalated.</li><li>However, this trend actually started in mid-July, with $100mn net selling on Uniswap from July 15 to July 22.</li><li>While the net selling eased in the last few weeks of July, it picked up again on July 31, the day after the Curve exploit (these two events seem to be unrelated).</li></ul>

Curve's 3pool and Uniswap V3’s main USDT-USDC pool both became imbalanced heading into the weekend as USDT selling escalated.However, this trend actually started in mid-July, with $100mn net selling on Uniswap from July 15 to July 22.While the net selling eased in the last few weeks of July, it picked up again on July 31, the day after the Curve exploit (these two events seem to be unrelated).

Tether Imbalance on Curve Raises Questions

<ul><li>Curve Finance is back as the center of attention in DeFi just a few weeks after CEO Michael Egorov’s large CRV-backed loans drew scrutiny.</li><li>This time, however, the inciting incident was an exploit.</li><li>Rekt<span style="font-size: var(--content-font-size);"> and </span>Llama Risk<span style="font-size: var(--content-font-size);"> have done a nice job breaking down the technical aspects of the exploit. </span></li></ul>

Curve Finance is back as the center of attention in DeFi just a few weeks after CEO Michael Egorov’s large CRV-backed loans drew scrutiny.This time, however, the inciting incident was an exploit.Rekt and Llama Risk have done a nice job breaking down the technical aspects of the exploit. 

Loans, Buy Walls, and OTC Deals: The Curve Finance Exploit

<ul><li>Curve Finance’s CEO Michael Egorov briefly found himself in the spotlight last week as Crypto Twitter spotted him depositing more CRV to Aave V2 in 3 large transactions worth a total of $35mn USD (represented by the orange plus signs below). </li><li>Currently, his position stands at nearly $200mn CRV deposited and $60mn USDT borrowed, making it one of the largest loans in DeFi history.</li><li>So, why is this significant? And what are the implications for Aave and CRV?</li></ul>

Curve Finance’s CEO Michael Egorov briefly found himself in the spotlight last week as Crypto Twitter spotted him depositing more CRV to Aave V2 in 3 large transactions worth a total of $35mn USD (represented by the orange plus signs below). Currently, his position stands at nearly $200mn CRV deposited and $60mn USDT borrowed, making it one of the largest loans in DeFi history.So, why is this significant? And what are the implications for Aave and CRV?

<ul><li>Curve recently made waves with the release of crvUSD, its new stablecoin.</li><li>However, another under-the-radar development at Curve could cause an even more significant shift in the DeFi landscape: a new TriCrypto pool [1].</li><li>This pool contains three high-volume Ethereum assets—ETH, USDT, and wBTC—and could potentially challenge Uniswap's market share</li></ul>

Curve recently made waves with the release of crvUSD, its new stablecoin.However, another under-the-radar development at Curve could cause an even more significant shift in the DeFi landscape: a new TriCrypto pool [1].This pool contains three high-volume Ethereum assets—ETH, USDT, and wBTC—and could potentially challenge Uniswap's market share

Curve DAO Token (CRV CURNCY)

Crypto Yield Farming Part 1 - Funny Name but a Real Threat to the Banking Sector?

We explore the potential encroachment on the USD1.4 trillion global retail banking revenue by crypto DeFi protocols, which has already amassed...

Josh Du

Tether Imbalance on Curve Raises Questions

Curve's 3pool and Uniswap V3’s main USDT-USDC pool both became imbalanced heading into the weekend as USDT selling escalated.

Kaiko

Loans, Buy Walls, and OTC Deals: The Curve Finance Exploit

Curve Finance is back as the center of attention in DeFi just a few weeks after CEO Michael Egorov’s large CRV-backed loans drew scrutiny.

Kaiko

CRV, Aave, and the Art of Liquidation

Curve Finance’s CEO Michael Egorov briefly found himself in the spotlight last week as Crypto Twitter spotted him depositing more CRV to Aave V2 in...

Kaiko

TriCrypto: Curve's Ace in the Hole

However, another under-the-radar development at Curve could cause an even more significant shift in the DeFi landscape: a new TriCrypto pool.

Kaiko