Perpetual futures, explained
Crypto’s most popular product offers capital efficiency for professionals, leveraged exposure for the masses, rich yields for market makers — and a poorly understood failure mode.
I write roughly biweekly on the intersection of tech, financial infrastructure, and systems thinking. It's free.
Crypto’s most popular product offers capital efficiency for professionals, leveraged exposure for the masses, rich yields for market makers — and a poorly understood failure mode.
A four party consortium can underwrite, fund, and execute a consumer loan in 15 minutes. Here's how.
Why the banks really hate fintechs that allow businesses to learn your account number easily.