Background Everyone and their mom are talking about the ongoing banking crisis in the US. Significantly sized banks are faltering in their obligations to their depositors and, as a result, are relying on intervention from other parties to save the day via bailouts and...
It’s no secret that 2022 was one of the most turbulent years in the crypto industry. From the LUNA collapse to Celsius & Blockfi going under, to the 3AC blow-up, and finally the FTX collapse which was the icing on the cake. For all the pain this caused, it taught...
Introduction When it comes to the various DeFi primitives, there’s no denying that liquid staking is one of the major ones. As per DefiLlama, if we divide all the DeFi protocols based on different categories, then liquid staking protocols will come in at a staggering...
Introduction to Sturdy If you’re a frequent blocmates content consumer, then you may have read our initial guide on Sturdy Finance. In that guide, we provided a comprehensive and in-depth overview of the protocol and how they’re essentially reimagining traditional...
If you’ve been keeping up with the content at blocmates, then you may have read our recent article covering Maia DAO. Within that guide, we touched upon one of the primary products launched by Maia DAO, the Hermes protocol. In this article, I will further expand and...
Introduction In a previous article, we took a deep dive into Vertex, a decentralised exchange on Arbitrum offering a suite of DeFi products. If you would like to know more about Vertex then check this article, but here’s a quick TL;DR. Vertex is a VERTically...
Introduction to The Problem The cryptocurrency industry was borne out of the 2008 financial crisis. The 2008 crisis highlighted all the issues with the traditional system. The lack of transparency, the lack of efficiency, and the unjust government intervention in...
The battle of the Layer 1's was one of the most popular trades of the late bull run. From Solana, Luna, and Avalanche, to Fantom, Harmony, NEAR and many others, all of them saw a good amount of usage. Now that the tide has shifted, we can see that most of them have...
A Brief History of HXRO Network If you’re a regular blocmates reader, then you will know about the Hxro Network. We’ve extensively covered the project on multiple occasions. As rightly mentioned in our first article about the project, it will take us a few months and...
Introduction to Handle.fi If you have a basic understanding of financial markets, yes we are talking Markets 101, then you may have heard of foreign exchange trading or forex trading for short. It’s a market where various fiat currencies can be traded. Forex is...
Introduction As you read this, the global stablecoin market cap is ~ $150 billion. This accounts for approximately 16% of the total cryptocurrency market cap of ~ $950 billion when writing this article, according to CoinMarketCap. Interestingly, a majority of...
Introduction Here at blocmates, we’ve covered a lot of DEX platforms as of late. HXRO, GMX, and PERP to name a few. However, none of these combined come close to doing the daily volume of the current king of DEX platforms dYdX. Year to date, dYdX has done $330 billion...