Overview of the ecosystem Solana’s astronomical growth can be attributed to its positioning as an ultrafast and low-cost blockchain for its users. The DeFi vertical has attracted the most attention with top tier ecosystem protocols such as Marinade Finance, Serum, Raydium, Mango Markets accumulating a total of $2.5B …

Stablecoins are the cornerstone of the entire DeFi and crypto ecosystem. As opposed to the relatively volatile general cryptocurrency market, stablecoins aims to help investors preserve their funds. This two-part article seeks to comprehend the risks involved with the different types of stablecoins in the market as well as our…

As the DeFi ecosystem continue to mature, the derivatives market is one standout category that has seen tremendous growth in recent times. As of the writing, the current TVL for DeFi derivatives market is $3.33b. The most popular financial product in the derivatives space is undoubtedly the perpetual swap contracts…

With so many blockchain projects being built, and new ones constantly emerging, there needs to be a way for them to exchange data — also known as interoperability. The current lack of interoperability, where blockchains are siloed and are unable to speak to one another, creates a problem of capital…

In recent years, more blockchains are transforming their consensus from PoW consensus to PoS consensus. Ethereum will also officially switch to PoS consensus after the Merge which is scheduled to be completed in the second half of this year. At that time, except for legacy blockchains such as BTC, the…

In terms of market cap, Ethereum is the second largest blockchain after Bitcoin, and one of the reasons for its success can be attributed to the usability of decentralized applications(dApps). Despite the growth of alternative blockchain networks, a big amount of dApps exist exclusively on Ethereum. Ethereum currently boasts total…

Avalanche’s AVAX token was one of the standout cryptocurrencies of 2021. Their traction and growth have been impressive, and they are currently within the top 10 cryptocurrencies in terms of market capitalization. As of writing, it is the 4th platform ranked by DeFi total locked-in value (TVL), with more than…

The combined whopping US$40 billion revenue earned by Visa and Mastercard in 2021 actually reflects an inefficiency in the current payment systems that unfortunately falls on the shoulders of merchants. The broader theme of web 3.0 is about getting rid of intermediaries — Payments is one immediate sector that has…

The Mina Ecosystem recently raised $92m through strategic and private sales of MINA and we have since doubled down in this round which was led by FTX Ventures and Three Arrows Capital. The funds will be deployed to accelerate Mina’s adoption as the leading zero-knowledge platform within Web3 by attracting…