DeFi Correspondent — L2s, MEV, restaking, yield
Restaking lets staked ETH secure more than one network at once, and it is now one of DeFi's biggest sectors. Here is…
Binance still leads on volume, but Coinbase, Kraken, and OKX each reshaped the exchange map in 2025 and 2026. Here is how…
Lido, Rocket Pool, and Frax control how most people stake Ethereum. We break down fees, yields, decentralization, and the 2026 upgrades that…
Restaking lets staked ether secure extra protocols for extra yield, and it now anchors billions of dollars in DeFi. Here is how…
Four exchanges dominate global crypto trading, yet they differ sharply on fees, regulation, and trust. Here is how Coinbase, Binance, Kraken, and…
EigenLayer let validators re-pledge their 32 ETH bond to secure additional services. TVL hit $20bn in 2024 before correcting. The promise, the…
L2 TVL crossed $50bn in 2025, and EIP-4844 cut rollup costs by roughly 90% overnight. The optimistic-vs-ZK debate is no longer hypothetical…
MEV is not a tax on blockchains; it is a transfer from one set of users to another. Since the Merge, roughly…
Staking is not a savings account. It is a bonded job with a 32 ETH deposit, a slashing budget, and a withdrawal…
Curve's vote-escrow market — veCRV, Convex, Votium — is paying bribe-yields that beat every blue-chip DeFi venue. Here is how the gauge…