Interest Rate Report
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.
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?
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,
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.
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
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
Weekly Interest Rate Roundup: Sep 27 - Oct 4
COMP recursive lending rate = all-in supply + 3 * (all-in supply - all-in borrow)Over the last few months there hasn't been much to talk about in the DeFi space on Ethereum, and so people have been talking about Layer 2s instead. From all the noise that their respective boosters
Weekly Interest Rate Roundup: Sep 20 - Sep 27
COMP recursive lending rate = all-in supply + 3 * (all-in supply - all-in borrow)The merge has come and gone, and it's left the crypto community struggling to come up with a new narrative. Where do we go from here? What's next for DeFi rates? On Ethereum L1,
