Is It Possible That the Peg Is Broken and What Happens?

2min Snip

00:00

Play full episode

Summary

Transcript

Episode notes

I think it depends on the stable coin a, because some of them. Tiis at least directly possible that the peg is broken, and then what happens? T m, if the peg is broken? Ritwat and get up. Some of the research is harder to imagine than ors and mat. But no, there's with anything like this, there's always, there's always that sort of tail risk. Wore with am ms. It's imperative loss a but,. Any market making model is going to have some tale risk, either with the technology or with, you know, the model, with a event that wasn't built into that model....

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.