DeFi Correspondent — L2s, MEV, restaking, yield
For fifteen years Bitcoin's hashrate did nothing but climb, from a single laptop CPU to more than a zettahash. In 2026 the…
In 2026, liquid staking stopped being a retail DeFi trick and became institutional plumbing. Here is how treasuries, ETFs and regulated custodians…
A top-tier exchange listing can mint a fortune or mark the top. Here is the supply side of 2026: the pipeline, the…
Ethereum staking is a $79 billion business paying its thinnest yields ever. Here is the 2026 validator P&L: revenue, costs, slashing risk,…
Maximal extractable value is the hidden economy running under every DeFi trade. We break down arbitrage, liquidations and sandwich attacks, and the…
Smart-account wallets already power tens of millions of accounts via ERC-4337 and EIP-7702. Now the Ethereum Foundation, Coinbase's Base and Paradigm race…
Bitcoin mining margins are collapsing for the third time in eight years. What makes 2026 different from 2018 and 2022 is the…
Real yield means cash flow from real protocol revenue, not token emissions. Here is how DeFi's fees, buybacks, and the tokenized T-bill…
Ledger, Trezor and Tangem make three very different bets on how to keep your keys safe. We compare price, security models, recovery…
Restaking lets one unit of staked ETH secure many systems at once, for extra yield and extra risk. Here is how it…