
The Future Of Institutional Money In Crypto With Matt Hougan, Bill Barhydt And Oliver Linch
The Wolf Of All Streets
00:00
DeFi Arbitrage
We make a lot of profits for our clients in DeFi arbitrage today, but not at Citibank scale. And it's a scale problem more than anything else. But when we're dealing with hundreds of millions and single digit billions, yes, we can actually generate phenomenal arbitrage profits via DeFi today. Bill: I would argue that a lot of the contagion and blowups, which you did not experience at ABRA, are a result of that. The trades that these platforms were making to offer yield to their customers were available until there were too many customers and those trades disappeared.
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