The Big Analysis
Real World Assets, or RWAs, refer to assets derived from the real economy - treasury bills, real estate, corporate receivables, commodities - represented in digital form on a blockchain. The promise is simple: to enable these assets to be held, transferred and integrated into decentralised finance while taking advantage of
The Big Analysis
The year 2025 marks a turning point in corporate finance strategy: never before have so many listed and unlisted companies bet on Bitcoin to strengthen their balance sheets. Since the very first operation carried out in August 2020 by MicroStrategy - now renamed Strategy - Bitcoin has gradually established itself
The Big Analysis
The history of DeFi is punctuated by the emergence of emblematic protocols, those pioneers that defined entire categories: Uniswap for decentralised exchanges, Aave for lending. It is therefore rare - almost audacious - to see a newcomer claiming to rival these giants, and even more so to attempt to challenge
The Big Analysis
Introduction The first quarter of 2025 was marked by tremors of rare intensity on the crypto-asset markets. Buoyed by post-election euphoria in the United States and Donald Trump's rise to power - perceived as favourable to the industry - the crypto ecosystem had started the year with its
The Big Analysis
In the jungle of decentralised finance (DeFi), lending protocols have a seemingly simple mission: to connect those who have capital with those who need it. All without intermediaries, on a shared and transparent infrastructure. But behind this common principle, strategies diverge. While incumbent players such as Aave opt for centralised
The Big Analysis
What you need to know Euler is a lending protocol that experienced a $197 million hack on 13 March 2023. Despite this, the team has continued to develop a new version of the protocol, accompanied by 10 security audits, enabling the creation of fully customisable lending markets. Since its launch
The Big Analysis
What you need to know Created in 2015 and operational since 2017, Cardano represents a new generation of blockchain based on a proof-of-stake (PoS) protocol. The project stands out for its methodical approach, drawing on academic research and rigorous validation protocols. This platform provides concrete solutions to the challenges faced
The Big Analysis
The Bitcoin liquid staking (LST) sector is experiencing significant growth. Starting from a market of a few million dollars in June 2024, it reached $4.1 billion in February before stabilising at $2.786 billion. This development indicates a growing interest in the use of Bitcoin in decentralised finance. Lombard
The Big Analysis
As Bitcoin continues to establish itself as a global store of value, Babylon aims to take the next step: enabling native BTC staking without compromising on security or user sovereignty. By combining Bitcoin engineering, proof-of-stake and cryptographic innovations, the protocol is already attracting billions of dollars in deposits. A full
The Big Analysis
For years, governance tokens offered only voting rights, with no real financial return for their holders. With the rise of Fee Switch, a new era has dawned: one in which users can capture a share of the revenue generated by the protocols themselves. A technical concept until recently, it is
The Big Analysis
At a time when the global economy is facing a resurgence in inflation, confidence in fiat currencies is eroding in many countries, and decentralised innovation is constantly pushing back the boundaries of what is possible, the need for alternative monetary solutions is becoming ever more pressing. It is in this
The Big Analysis
Long hailed for its boldness and consistency, the strategy of Michael Saylor - boss and founder of MicroStrategy, now 'Strategy' - is now attracting growing doubts. In the space of just five months, between November 2024 and March 2025, the company more than doubled its holdings of Bitcoin,