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Long Leverage Is the Weak Spot

Two market realities keep colliding in crypto: upside reflexivity and downside illiquidity. The former pulls traders into long leverage; the latter punishes it when volatility snaps back. Across both on-chain lending and perpetuals, long positions […]

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Not Every LST Fits Lending

Liquid staking has unlocked billions in productive collateral, but lending markets cannot treat every liquid staking token (LST) as interchangeable. Collateral needs to behave predictably in redemptions, liquidations, and oracle updates. Some LSTs meet that […]