Pendle's Yield Splitting Mechanic Is More Useful in a Falling Rate Environment
When yields compress, most DeFi protocols lose their appeal. Pendle's PT/YT split becomes more interesting precisely then.
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When yields compress, most DeFi protocols lose their appeal. Pendle's PT/YT split becomes more interesting precisely then.
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Bitcoin's network has never been more secure. That's cold comfort for miners watching margins compress in real time.
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Realized cap at a record high usually precedes a price breakout. This time, spot price is barely moving. Something is off.
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PBS wasn't supposed to be controversial. It was an engineering fix. Now it's the centre of a genuine power struggle over who controls Ethereum's block space.
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For the first time since the Merge, Ethereum's validator activation queue has dried up - and the implications for staking yields are real.
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Post-halving squeeze hasn't slowed mining investment. The network's record hashrate tells a specific story about miner conviction.
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