The Big Analysis
Since the launch of Aave in 2017 and Compound in 2018, decentralised credit has boomed. Yet, despite billions of dollars locked up, the majority of flows are concentrated in standard products that are ill-suited to institutional requirements. With the rise of tokenised Real-World Assets (RWAs), the limitations of the initial
The Big Analysis
The stablecoin market continues to expand. With a capitalisation of almost $255 billion and payment volumes that now exceed those of Visa, this segment has established itself as a pillar of the crypto economy. It alone now accounts for 96% of daily trading volumes on platforms, or around $172 billion.
The Big Analysis
Decentralised finance is built on the idea of a system that is free from traditional circuits and government control. It is even one of the founding principles of the ecosystem. Yet the product that has established itself as a pillar of DeFi is stablecoin, an asset that, in its dominant
The Big Analysis
What you need to know about Raydium Since 2021, Raydium has occupied a central position among the decentralised finance protocols on Solana. It is based on a hybrid architecture that combines traditional market making automation (MMA) with direct access to Open Book order books. This model reduces transaction costs and
The Big Analysis
What you need to know about Raydium Since 2021, Raydium has occupied a central position among the decentralised finance protocols on Solana. It is based on a hybrid architecture that combines traditional market making automation (MMA) with direct access to Open Book order books. This model reduces transaction costs and
The Big Analysis
With a market estimated at 3,600 billion dollars, mergers and acquisitions occupy a central place in the workings of the global economy. For many companies, buying out an existing player remains a faster and cheaper strategy than building everything in-house: it enables them to grow, capture market share or
The Big Analysis
With a market estimated at 3,600 billion dollars, mergers and acquisitions occupy a central place in the workings of the global economy. For many companies, buying out an existing player remains a faster and cheaper strategy than building everything in-house: it enables them to grow, capture market share or
The Big Analysis
While the total value of USDT on Tron has surpassed that on Ethereum, and Justin Sun recently found himself having lunch with the President of the United States (due to his holdings of TRUMP memecoins), it's a good time to take stock of this low-key but very active
The Big Analysis
Since the very first bitcoin was mined in the Genesis block by Satoshi Nakamoto on 3 January 2009, an industry has grown up around the idea that computing power can be converted into an extremely rare digital reserve. In the early days, mining was an accessible activity that could be
The Big Analysis
The world's economic systems are mired in ever-increasing debt. In an attempt to cope, central banks are firing up their "printers" - or rather their fiat money generators -, fuelling growth on credit while trying to repay the ever-increasing maturities. Since the end of the gold
The Big Analysis
Built on the idea of a system without intermediaries, decentralised finance (DeFi) has rapidly developed infrastructures that operate autonomously via smart contracts. Decentralised exchanges (DEX), aggregators and inter-chain bridges are based on automated mechanisms that guarantee a certain level of transparency and efficiency. But this autonomy reaches its limits in
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