Lending Market Dynamics and Research

When matchmaking can be achieved through code, human intervention is no longer necessary.

The article argues that the Federal Reserve's interest rate cut policy not only affects cryptocurrency prices but also reshapes market liquidity conditions through various means, including influencing on-chain yields, interest rate differentials, and forward yield curves.

"If we play our cards aggressively enough, none of the existing competitors will survive."

The V4 update may allow us to see its strong competitiveness in the DeFi field in the future, as well as the source of its continuously increasing business volume.

In the DeFi space, network effects determine success or failure, and no one does it better than Aave.

The market size is 36.5 billion dollars, with the Cefi market dominated by Tether, accounting for 73% at 8.2 billion, while DeFi surged to 19.1 billion.

To stand out in the competitive DeFi market, Morpho needs to continuously innovate while focusing on user experience and market education, ensuring security and stability, and establishing an effective governance mechanism.

Based on the lessons learned from the Peer-to-Pool model and the Peer-to-Peer model, a Peer-to-Orderbook model that combines the advantages of both can be envisioned.

In the financial system, complete "transparency" is a "revolution," using a new machine to destroy the old machine.

This article studies three lending mechanisms that make secure and decentralized credit markets possible: over-collateralization, decentralized wholesale brokerage, and on-chain identity.