Teddy Woodward

Teddy Woodward

Co-Founder and CEO

Weekly Interest Rate Roundup: Nov 8 - Nov 15

Weekly Interest Rate Roundup: Nov 8 - Nov 15

It's been a rough week in crypto. Every time you thought the SBF/Alameda scandal was over, he found another way to shock and infuriate. But I already spent last week's newsletter talking about that, so this week let's focus on DeFi rates instead.

Teddy Woodward
Teddy Woodward
Interest Rate Report
Weekly Interest Rate Roundup: Nov 1 - Nov 8

Weekly Interest Rate Roundup: Nov 1 - Nov 8

This is the craziest day I've ever seen in crypto. I still can't get my head around what happened. In less than a week, deca-billionaire SBF went from crypto's warrior king and DC golden boy to... God knows what he is now. Criminal? Pauper?

Teddy Woodward
Teddy Woodward
Interest Rate Report
Notional Fixed Rate Update πŸ—“οΈ  October 2022

Notional Fixed Rate Update πŸ—“οΈ October 2022

*Leveraged Vaults beta starts this week* Welcome to the latest edition of the Notional Monthly Update! Β Follow the latest news on Twitter [https://www.twitter.com/notionalfinance] or join the Notional community on Discord [https://discord.notional.finance/]. β€Œβ€Œβ€Œβ€Œ -------------------------------------------------------------------------------- πŸ—’ Summary Notes β€Œβ€Œβ€Œβ€Œ β€Œβ€Œβ€Œβ€Œβ€Œβ€Œβ€Œβ€Œ -wstETH/ETH Leveraged Vault Beta Begins! -LP Opportunity With

Teddy Woodward
Teddy Woodward
Monthly Updates
Weekly Interest Rate Roundup: Oct 25 - Nov 1

Weekly Interest Rate Roundup: Oct 25 - Nov 1

ETH rates stayed pretty stable across DeFi. The Lido stETH rate is still sitting steady at ~5.5%. Interestingly, this now puts the ETH/stETH Curve/Convex stake rate solidly below the native stETH rate at only ~5%. That Convex pool hasn't seen a marked increase in TVL,

Teddy Woodward
Teddy Woodward
Interest Rate Report
Weekly Interest Rate Roundup: Oct 18 - Oct 25

Weekly Interest Rate Roundup: Oct 18 - Oct 25

The story of the past week has been regulation. SBF made waves with two particularly controversial assertions: 1. OFAC compliance should be enforced at the application layer through the use of blacklists. 2. Any UI that allows users to access DeFi should be made to register as a broker/dealer.

Teddy Woodward
Teddy Woodward
Interest Rate Report
Weekly Interest Rate Roundup: Oct 11 - Oct 18

Weekly Interest Rate Roundup: Oct 11 - Oct 18

We’re making some changes this week! Going forward I’m going to drop DAI interest rates and include ETH interest rates instead. Additionally, I’m dropping a few of the rate venues that we used to track due to low liquidity and adding rates on Optimism and Arbitrum via

Teddy Woodward
Teddy Woodward
Interest Rate Report
Weekly Interest Rate Roundup: Oct 4 - Oct 11

Weekly Interest Rate Roundup: Oct 4 - Oct 11

COMP recursive lending rate = all-in supply + 3 * (all-in supply - all-in borrow)It's Devcon! A time for crypto bros and girls of all nationalities to get together and commiserate over the pain of the current bear market. Sorry, "build" market. But just because it's

Teddy Woodward
Teddy Woodward
Interest Rate Report
Notional Finance Quarterly Report: Q3 2022

Notional Finance Quarterly Report: Q3 2022

Q3 2022 was another challenging quarter for crypto markets, but Notional put in a strong showing despite the pessimistic backdrop. The protocol processed $84M in loan volume over the quarter and generated $172k in revenue while keeping TVL roughly flat at $82M. These figures are down from Q2, but reflect

Teddy Woodward
Teddy Woodward