Akey catalist to the recent shift from pece subsidized tokens to community subsidize tokens, has been the recent introduction of listing assets on dexes such as unis wap. There's no o h l c graft on uni wa. You don't have a dollar rate. All you can see really on the front end is an eath rate. And then there's no trade history, so you can't really see that the quantities that trade easily andfor what price people are lifting and hitting at. So i think that's like a pretty big catlis for why you see these insane, insanely large price increases on these initial uniswap offerings, initially. But i...
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.