Bell Curve
Blockworks
Bell Curve breaks down the most important themes in crypto for people who, like us, are confined to the middle of the bell curve. Each season explores a different thesis that we'll test and refine through debate with crypto's best. If you're a crypto native, degen or investooor, this podcast is for you.Subscribe on YouTube: https://bit.ly/3R1D1D9Subscribe on Apple: https://apple.co/3pQTfmDSubscribe on Spotify: https://spoti.fi/3cpKZXHGet top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/Join the Bell Curve Telegram group: https://t.me/+nzyxAvQ0Xxc3YTEx
Episodes
Mentioned books
Jun 24, 2025 • 1h 38min
The Role of DeFi Risk Curators | Adrian & Tarun | S9 E5
Tarun Chitra, a visionary from Gauntlet, joins forces with Adrian from Steakhouse to explore the crucial role of risk curators in DeFi. They discuss Morpho's groundbreaking fixed-rate lending and the evolving landscape of market dynamics. The duo dives into the challenges of risk management, highlighting institutional demands and brand trust in a competitive environment. Listeners will learn about innovative lending opportunities and the future of specialized infrastructure that could reshape decentralized finance.
9 snips
Jun 20, 2025 • 1h 1min
Macro Uncertainty, Circle’s Surge, and Prediction Market Utility | Roundup
Current macro volatility and its impact on the crypto landscape take center stage. The GENIUS Act's Senate passage sparks discussions on Circle’s price surge and the evolving dynamics of alt seasons. Insights on JP Morgan’s stablecoin plans highlight new trends in traditional finance. The utility of prediction markets emerges, showcasing their potential for enhancing financial returns. Finally, geopolitical tensions add another layer of complexity, shaping market sentiment and investment strategies.
Jun 18, 2025 • 1h 9min
Introducing The Token Transparency Framework | Empire
Dan Smith, Head of Data at Blockworks, Felipe Montealegre, CIO of Theia Research, and Louis T, Investment Partner at L1D, unveil the groundbreaking Token Transparency Framework. They tackle the challenges of transparency in the crypto market, drawing parallels to the lemon market phenomenon. The discussion includes token risk versus equity risk, structural issues within the token space, and the impact of recent market trends on valuations. The guests emphasize the need for improved disclosure standards to build investor confidence and elevate industry practices.
44 snips
Jun 17, 2025 • 1h 6min
How Morpho Is Redefining Money Markets | Paul Frambot | S9 E4
Join Paul Frambot, Co-founder and CEO of Morpho Labs, as he delves into the innovative Morpho V2 architecture and its role in reshaping decentralized finance. He explores the shift from algorithm-based interest rates to user-driven models, highlighting the demand for fixed-rate borrowing. The conversation touches on the curators' crucial role in risk assessment and market dynamics, as well as the challenges of MEV in on-chain trading. Frambot also addresses the potential of building an on-chain yield curve and the importance of liquidity across lending markets.
9 snips
Jun 13, 2025 • 60min
0xResearch Cross-Post: The Last Mile Problem For Stablecoins | Analyst Round Table
Explore the challenges of using USD stablecoins in emerging markets, including currency conversion issues. Delve into Plasma's investment landscape and the risks of user attraction in the stablecoin arena. Unpack the dynamics of token economics and the significance of aligned incentives in the Morph token. Discover the complexities of token buyback programs and their impact on perceptions. Lastly, enjoy lighthearted banter about a dunk tank event, showcasing the hosts' fun side!
11 snips
Jun 10, 2025 • 1h 13min
0xResearch Cross-Post: How Should We Value Hyperliquid?
Tolks, a crypto analyst specializing in Hyperliquid and crypto policy, offers insights into the HyperEVM and its traction in Solana. The discussion revolves around Hyperliquid's valuation amid the evolving market. They explore builder codes, revenue models, and the impact of market sentiment. Tolks critiques traditional practices while emphasizing Hyperliquid's unique position in the decentralized exchange landscape. The conversation also touches on recent token buybacks and the future growth potential of the HYPE token.
14 snips
Jun 6, 2025 • 58min
PumpFun’s Impact on Solana, Circle’s IPO, and Elon and Trump’s Feud | Roundup
Elon Musk and Donald Trump’s ongoing feud takes center stage, sparking discussions on its market impacts. The demand for Circle's IPO is analyzed, highlighting its role in the stablecoin landscape. PumpFun's ambitious $1 billion token sale is explored, alongside the evolving dynamics of the memecoin market. Further, the potential necessity of crypto foundations is questioned, raising intriguing points about the future of decentralized finance. This lively conversation weaves together politics, technology, and investment trends.
19 snips
Jun 3, 2025 • 41min
Lightspeed Cross-Post: The State of Solana DeFi With Kyle Samani & Chris Heaney
Kyle Samani, Managing Partner at Multicoin Capital, and Chris Heaney, Co-founder of Drift, explore the dynamic world of Solana DeFi. They discuss the evolving market structure, innovations in liquidity mechanisms, and the competitive landscape, focusing on improving trading experiences. Samani delves into long-term staking's impact on liquidity, while Heaney highlights Axiom's success in merging meme coins with perpetual contracts. They also touch on the integration of Bitcoin and the challenges posed by quantum computing in the DeFi space.
48 snips
May 30, 2025 • 1h 4min
OpenAI, Hyperliquid, and the Internet's Next Growth Phase | Roundup
The discussion kicks off with insights on Sam Altman and Jony Ive's collaboration, and how consumer applications are evolving. The shifting power dynamics between San Francisco and New York in tech and finance are analyzed. Hyperliquid's impressive growth in decentralized exchanges is dissected, revealing its competitive strategies. The talk also covers how generational views shape perceptions of cryptocurrency, alongside an exploration of investment strategies and the future of ICOs, emphasizing the need for transparency and deeper engagement.
34 snips
May 27, 2025 • 1h 4min
Empire Cross-Post: The Bull Case For Ethereum | Tom Dunleavy & Ryan Berckmans
In this discussion, Ryan Berckmans, an ETH OG and crypto investor, joins Tom Dunleavy, Head of Venture at Vibra Capital, to dive into the bullish potential of Ethereum. They explore Ethereum’s pivotal shifts, the intricate role of Layer 1 versus Layer 2 solutions, and the impact of the new Etherealize team on its competitiveness. The duo also highlights the importance of capital flow, community engagement, and innovation for Ethereum's future in a rapidly evolving crypto landscape.
