Permissionless: The Next Generation of Consumer Crypto Apps

27 snips

Jul 7, 2025

Guest

Pat Kim

Vishal Gupta, head of TrueMarkets, merges CeFi and DeFi for innovative trading solutions. Sal Qadir discusses making on-chain trading user-friendly with embedded wallets. Pat Kim reveals how Narrative allows real-time data trading, enhancing user engagement. The trio dives into the evolution of crypto exchanges post-FTX collapse and emphasizes asset safety. They also touch on the importance of accessibility, user-centric design, and the role of decentralized finance in attracting informed users in a competitive landscape.

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ANECDOTE

Vishal Gupta's Entrepreneur Journey

Vishal Gupta shared his journey from Circle to Coinbase and now building TrueMarkets with his co-founder of 17 years.
Their hybrid C5-D5 platform allows non-custodial spot trading with access to both centralized and DeFi assets.

INSIGHT

Crypto Exchanges Evolve Role

Exchanges are transitioning from gatekeepers to gateways enabling millions of assets but need to guard user risks.
User protection on products like perps is critical to prevent harmful trading exposure.

INSIGHT

Speculation Drives Crypto Use

Speculation is the biggest use case in crypto beyond traditional price pairs, extending to markets like prediction and continuous markets with perps.
Perpetual contracts provide a powerful engine for diverse speculative trading beyond binary outcomes.

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In this episode, we went live from Permissionless with Pat Kim, Sal Qadir, and Vishal Gupta to discuss the evolving landscape of consumer crypto apps. We dove into hybrid CeFi-DeFi platforms, real-time data markets, asset discoverability, wallet UX, on-chain trading trends, ecosystem selection, and more. Enjoy!

As always, remember this podcast is for informational purposes only, and any views expressed by anyone on the show are solely their opinions, not financial advice.

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To learn more about Marinade, follow the link below: https://marinade.finance/?utm_source=blockworks&utm_medium=partnerships&utm_campaign=podcast

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Timestamps:

(0:00) Introduction

(4:48) Consumer Trends

(10:05) Ads (Katana & Ledger)

(10:42) Differentiating Product UX

(16:38) Choosing Where to Build

(21:13) Ads (Katana & Ledger)

(22:18) Attracting New Users

(31:15) Marinade Ad

(31:47) Defining Success

(35:31) Product Roadmaps

(37:22) The Most Exciting Trends

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Disclaimer: Nothing said on 0xResearch is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Boccaccio, Danny, and our guests may hold positions in the companies, funds, or projects discussed.