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Ceteris Paribus
Host and regular contributor on the Empire Hivemind podcast who leads discussions on macro and crypto market trends and moderates panel conversations and episode flow.
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Oct 16, 2025
• 1h 5min
Hivemind: Record Liquidations, Auto-Deleveraging, & Biggest Post-Crash Winners & Losers
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Ceteris Paribus, who leads Delphi's institutional research arm, dives deep into the recent crypto crash. He discusses the chaos of auto-deleveraging and how it varies across exchanges. The team analyzes the surprising depeg of USDe and the implications for stablecoins during market stress. Ceteris also highlights the major winners and losers post-crash, suggesting that some exchanges thrived while others suffered reputationally. Prepare for insights into how new tokens and markets might reshape liquidity moving forward!
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