For many of its users, BTC is considered a store of value with almost infinite potential. However, recent years have been marked by the arrival of numerous BTC ETFs. It is clear that the profile of BTC holders is evolving, and perhaps its utility along with it. Indeed, for several years, certain protocols have been attempting to create ways to generate yield on BTC, just as we already do on Ethereum or Solana, and new categories of BTC holders might encourage this movement. This is what we ca...

For many of its users, BTC is considered a store of value with almost infinite potential. However, recent years have been marked by the arrival of numerous BTC ETFs. It is clear that the profile of BTC holders is evolving, and perhaps its utility along with it. Indeed, for several years, certain protocols have been attempting to create ways to generate yield on BTC, just as we already do on Ethereum or Solana, and new categories of BTC holders might encourage this movement. This is what we ca...

Solana’s Prop AMMs have taken over major pairs with sub-5 bps spreads and near-zero slippage on big trades. But is this professional-grade efficiency worth the trade-offs in transparency and decentralization? A deep dive into how they work, why they dominate, their real costs, key risks… and what’s coming next:

Solana’s Prop AMMs have taken over major pairs with sub-5 bps spreads and near-zero slippage on big trades. But is this professional-grade efficiency worth the trade-offs in transparency and decentralization? A deep dive into how they work, why they dominate, their real costs, key risks… and what’s coming next: