The first step in crypto is to be a non- constodial finance, he says. Centralized finance or spy will retain its dominance over the next few years and it's hard to imagine those that are going to struggle long term. He sees defi as an interesting moment when you have a protocor thatis not just like matrustes or is not custodia, but is also cheaper....
In this episode, Su and Hasu talk to Matt Castro and Brad Koeppen of CMT Digital, one of the longest-standing trading firms in crypto.
Topics covered
- What their firm does in crypto
- What CMT thinks about DeFi
- The rise of AMMs and their future
- Why CMT co-founded the Chigaco DeFi Alliance
- Why community-funded coins have performed better than VC-funded ones, and whether this trend will continue
Su Zhu is the CEO and CIO of Three Arrows Capital.
Hasu is a cryptocurrency researcher and writer.
Together, they publish on Deribit Insights and uncommoncore.co.