On the side of "ETFs will enhance liquidity," there are compelling arguments that ETFs will increase the number of cryptocurrency traders, leading to larger trading volumes and a more efficient market. Market makers will also benefit from ETFs, potentially expanding their activities while hedging. On the side of "ETFs will harm liquidity," the real concern is that a large number of ETF redemptions could exert selling pressure on the underlying market. In terms of market makers, they may charge higher spreads due to more informed traders. Let's take a look at the current state of Bitcoin liquidity to understand its impact.

We have only seen the beginning of LSDFi, and there are more possibilities in the future.

In his narrative, cryptocurrency is not just an industry filled with bad actors in a largely unregulated environment, where these bad actors profit by developing a parallel, primarily anonymous financial system.

This article will interpret Blur's token allocation strategy and provide advice for founders looking to leverage tokens to develop the network.

In order for the protocol's tokens to capture value, well-designed token economics is essential.

We will discuss how builders use their order flow as a weapon, the risks it brings to the Ethereum chain, and glimpse the potential future that lies ahead of us.

A core philosophical principle of Web3 is that there are more ways to provide value to the ecosystem beyond just providing value through capital—value should be earned, not just purchased.

The libertarian sentiment within the large cryptocurrency community is declining. Convenience and cost have become more important.

They require a level of support for baseline needs, they need the participation of willing arbitrageurs, and they need an environment of information efficiency.

From the severity of this hacker attack, the current trading price of ETH is about $3,000, and 3.64 million ETH would be worth $11 billion.