Teddy Woodward

Teddy Woodward

Co-Founder and CEO

Weekly Interest Rate Roundup: May 10 - May 17

Weekly Interest Rate Roundup: May 10 - May 17

COMP recursive lending rate = all-in supply + 3 * (all-in supply - all-in borrow)AAVE recursive lending rate = all-in supply + 4 * (all-in supply - all-in borrow)We got some fireworks this week. Crypto prices plunged to as low as ~1750 ETH. This set off a wave of liquidations through DeFi and brought

Teddy Woodward
Teddy Woodward
Weekly Interest Rate Roundup: May 3 - May 10

Weekly Interest Rate Roundup: May 3 - May 10

Good God, what a week. Crypto prices took an absolute beating over the last couple days. Even stablecoins got rekt. For the most part, the net result of this for interest rates is that they moved lower, although that isn't completely true. USDC rates hit new lows of less than 2%.

Teddy Woodward
Teddy Woodward
Weekly Interest Rate Roundup: Apr 26 - May 3

Weekly Interest Rate Roundup: Apr 26 - May 3

COMP recursive lending rate = all-in supply + 3 * (all-in supply - all-in borrow)AAVE recursive lending rate = all-in supply + 4 * (all-in supply - all-in borrow)Not much movement in rates this week. DeFi rates are low and they look to be staying that way. True bear market vibes. If you can

Teddy Woodward
Teddy Woodward
Weekly Interest Rate Roundup: Apr 12 - Apr 19

Weekly Interest Rate Roundup: Apr 12 - Apr 19

COMP recursive lending rate = all-in supply + 3 * (all-in supply - all-in borrow)AAVE recursive lending rate = all-in supply + 4 * (all-in supply - all-in borrow)Rates around DeFi are mostly unchanged this week. The rates on Compound and Aave remain stuck in the 2% - 3% range. Recursive lending rates ticked

Teddy Woodward
Teddy Woodward
Notional Finance Quarterly Review: Q1 2022

Notional Finance Quarterly Review: Q1 2022

Notional accomplished a lot in Q1 2022. The protocol won the majority share of the fixed rate lending market, laid the foundations for continued success through protocol integrations, and increased the utility of the NOTE token with the NOTE staking module.

Teddy Woodward
Teddy Woodward
Weekly Interest Rate Roundup: Apr 5 - Apr 12

Weekly Interest Rate Roundup: Apr 5 - Apr 12

COMP recursive lending rate = all-in supply + 3 * (all-in supply - all-in borrow)AAVE recursive lending rate = all-in supply + 4 * (all-in supply - all-in borrow)Markets are back in bear mode, and once again, DeFi stablecoin returns are looking rough. Recursive lending rates on Compound and Aave are down below 3%

Teddy Woodward
Teddy Woodward
Angle Protocol: a Framework for Fixed Rate Lending

Angle Protocol: a Framework for Fixed Rate Lending

Introduction Angle Protocol is considering investing some of its reserves (USDC, DAI) into Notional fixed rate lending to take advantage of the higher interest rates that Notional offers relative to money markets like Compound or Aave. To utilize Notional effectively, Angle should plan to hold its loans to maturity in

Teddy Woodward
Teddy Woodward
Deep Dive
Weekly Interest Rate Roundup: Mar 29 - Apr 5

Weekly Interest Rate Roundup: Mar 29 - Apr 5

Last week we talked about Compound cutting its incentives by 50%. This week we start to see the effect. The COMP price is roughly flat over the week, but the USDC and DAI recursive lending rates are both up significantly and yield more than the base supply rate again.

Teddy Woodward
Teddy Woodward
Interest Rate Report