Writing
2026-06-24·Crypto & BlockchainThe vault market is splitting into three. RockSolid is stuck in the middle.
When you look at the numbers long enough, a pattern appears. Not at the protocol level (fund flows, after all, are just ticks on a chart). But at the structure level: how capital moves between risk profiles, and which products catch it at each point in the journey. Morpho hit...
2026-06-12·Crypto & BlockchainThe label tax: what Extra Finance''s category name costs it
A founder tells you their product is "leveraged yield farming." You immediately think: liquidation risk, impermanent loss, degen behaviour, complexity. Some of those are fair concerns. Some are simply what the label triggers. The product might be well-designed, responsibly...
2026-06-11·Crypto & BlockchainThe anti-liquidation loan: how 40 Acres found a customer Aave can''t reach
Every lending protocol in DeFi competes for the same user. The levered degen. The person comfortable checking their LTV ratio three times a day, calculating the exact liquidation price, and accepting that getting wiped out is part of the game. Aave has this user. Compound has...
2026-06-09·Crypto & BlockchainSummer.fi lazy branding strategy: retail simplicity meets institutional yield
The Summer.fi homepage is honest in a way most crypto homepages are not. Two words, centre-aligned, doing the work of an entire positioning document: "Do Less." Below those words sits a product that uses AI-powered Keepers to monitor and rebalance capital across yield sources on...
2026-06-09·Crypto & BlockchainThe invisible exchange: how Orderly won perps by not competing for traders
The first time I came across Orderly Network, I was looking at a CoinGecko. Cumulative trading volume: $90 billion. Best single month: $21.5 billion in August 2025. TVL growth: 168% in a year. 1,000-plus DEX launches in nine days. And I had never, not once, visited...
2026-06-09·Crypto & BlockchainThe insurance pool nobody talks about: Agni Finance's hidden safety feature on Mantle
The Solana memecoin cycle of 2024–2025 made one thing brutally clear: launchpads without real safety features are rug-pull lotteries. Agni Finance has been talking about a better way since July 2023 — a launchpad backed by an insurance pool that would financially protect users...
2026-06-08·Crypto & BlockchainThe chains Lido forgot: how Bifrost is positioning for liquid staking's second wave
I first noticed Bifrost while looking at DefiLlama's liquid staking rankings. There it was, $16.6 million in TVL, sitting somewhere below Lido's $26 billion, a number so far down the list it barely registered. But something caught my attention: Bifrost wasn't on one chain. It...
2026-06-06·Crypto & BlockchainThe term Web3 is tired because the industry outgrew it
If you still describe what you do as “Web3,” you are marketing something that stopped being an accurate description around the time the GENIUS Act passed. This is not a “Web3 is dead” hot take. The technology that the term was meant to describe is more economically significant...
2026-06-04·Crypto & BlockchainThe $21.5M protocol with the quietest institutional sales process
Mezo raised $21.5M from Pantera, Multicoin, Nascent, ParaFi, and friends. It has 74.5M in TVL , a stablecoin holding peg, and a product called Mezo Prime that lets institutions borrow against Bitcoin at 1% fixed APR through segregated custody with Anchorage Digital . If you've...
2026-06-03·Crypto & BlockchainWhy Ankr killed its staking yield - and why that’s actually bullish
Earlier this year, Ankr lowered its $ANKR staking APR to 0%. On paper, this looks like the protocol admitting its token economy failed. A governance token that stops yielding anything looks like a dead token. But the full story runs in the opposite direction: Ankr replaced yield...