Eugene Chen, co-founder of Ellipsis Labs, discusses the future of decentralized finance, Solana's vision for transforming traditional finance, and how Phenix aims to redefine on-chain trading. He also shares insights on the Ethereum vs. Solana debate and the challenges of optimizing blockchains for Defi applications.

Published randomly, "The Gwart Show” gets to the bottom of crypto’s toughest topics.

00:00:00 Start

00:00:18 Eugene's background 

00:01:17 Defi work before Ellipsis

00:02:21 From HFT to Defi

00:05:25 Competing with TradFi

00:08:07 Phenix as proof of concept

00:10:18 Providing better liquidity

00:13:48 Solana's issues & progress

00:16:47 Solana's research focus

00:19:24 Gita removes mempool 

00:20:28 MEV: AMMs vs order books

00:23:43 Ethereum MEV direction

00:25:13 Solana's speed & MEV

00:29:07 Ellipsis' 5-15yr vision

00:35:09 Ideal decentralization 

00:35:50 Solana token & platform

00:38:16 Economic security as meme

00:41:33 Defi's on-chain strengths

00:44:47 Rollups & interoperability

00:48:30 Valid Solana criticisms

00:51:31 Solana vs new fast chains

This show is produced by Blockspace.media