DeFi Correspondent — L2s, MEV, restaking, yield
A liquid staking token is a tradeable claim on staked crypto, but who backs it ranges from a DAO to a global…
A spot listing needs custody. A perpetual listing needs only a price feed, which is why thousands of perp markets now go…
Bitcoin's hashrate is near its record while the network's electricity draw stayed flat. In 2026 the growth moved from megawatts to efficiency,…
Perp DEXs minted this cycle's breakout tokens, led by Hyperliquid's HYPE. We explain the buyback flywheel they all adopted and whether it…
EIP-7702 let the key you already own act like a smart account: batching, gas in stablecoins, session keys, recovery. Here is what…
Ethereum staking yields sit near multi-year lows even as a third of ETH is locked up. Here is how validator economics really…
Restaking lets stakers rent out Ethereum's trust to other services for extra yield. By late 2026 the supply is enormous and the…
Smart accounts are quietly retiring the seed phrase and the gas-token tax. Here is how ERC-4337, EIP-7702, and paymasters actually work in…
Bitcoin's hashrate went flat in 2026 without a ban or a crash to force it. Here is what that growth number genuinely…
Some on-chain dollars are not borrowed from a pool; they are minted against locked collateral. Here is how CDP stablecoins like DAI,…