One of the most important new tools to master in DeFi is trading on decentralized exchanges (DEXs) on Ethereum. For those trading tokens powered by Ethereum (ERC20 tokens), it’s important we can find the best trading rates across a growing list of liquidity sources in DeFi. It’s very similar to searching for the best flight…

Automated Market Makers (AMM) are one of the most popular DeFi applications today. An AMM is a decentralized asset trading pool that enables market participants to buy or sell cryptocurrencies. AMMs are non-custodial, meaning you never give up control of your funds like on a centralized exchange, and they’re permissionless in nature, meaning all you…

Perpetuals are a swap product for traders to hold exposure indefinitely, versus having to roll their futures positions. It was BitMEX who solved this problem with what’s now popularly known as “the perpetual swap”–a Bitcoin derivative contract that never expires. In 2020, these perpetuals markets on Bitmex and the likes of Binance can generate billions…

If you’ve read our post on Maker, you now understand the granddaddy of all DeFi — Maker DAO.In this post, we’re going to cover an advancement of this lending and borrowing concept in DeFi, that is somewhat reminiscent of pawnshops. So here’s a setup you might know if you’ve ever been to a pawn shop…

MakerDAO is exactly what it sounds like –it’s a DAO, a decentralized autonomous organization and its purpose is to make DAI. DAI is a digital dollar backed by locked up cryptoassets like ETH, BAT, WBTC, KNC, and more. What Maker figured out years ahead of the explosive rise of DeFi is that a stablecoin could…

DeFi is constantly changing, with new projects popping up seemingly every single day. This is by no means an exhaustive list. It’s just the tip of the iceberg. We went with the more tried and tested projects, the ones that have been live the longest and have the most value locked in their smart contracts.…

In DeFi, our money is controlled by us, the user, while the apps we use are created by different teams who share one common thread, the blockchain. In most cases that’s Ethereum. The first tool one needs in DeFi is a wallet that interacts with smart contracts in DeFi apps so you can tell the…

DeFi today can be found mostly flourishing on Ethereum. New applications launch faster than you can keep up with.That empire is only going to grow. The network effects of developers working together and building composable tools that can be stacked and benefit one another is a very competitive moat, making it difficult for other smart…

Interoperability happens when two or more systems can communicate and exchange value. The best way to understand interoperability is to see the early success stories of it in action.  Today there’s about $1T in BTC liquidity and meanwhile, DeFi’s Total Value Locked is still just over $40 billion. Developers have been working to enable users…

While crypto has been around over 10 years, the most popular apps until the last year have been centralized crypto exchanges. These centralized exchanges like Binance and Coinbase do billions in trade volume daily but also require users to submit personal details like name, email and even physical address. This might seem harmless at first…