Ayush kumar Jha

What perpetuals actually are, why they’re different from everything else you’ve traded, why Solana won this category, and how Jupiter’s pool-based engine really works under the hood The bottom line Jupiter Perps is the largest derivatives protocol in DeFi by total value locked, holding roughly 36.8% of the category. It has processed close to $500 billion in cumulative notional volume and generated more than $830 million in lifetime fees. It achieved that position through a single architectural decision ...

Jupiter Lend v2 lets the same dollar earn lending interest and trading fees. Here’s how Smart Vaults actually work and what two weeks of on-chain data say about whether it pays. I had the obvious reaction when I saw the announcement. If my USDC already earns lending yield, and Jupiter can make that exact same capital earn trading fees on top why would anyone leave that on the table? Then I read the docs. And the answer got more interesting than “free money.” Because the second yield comes with a second ...

Markets are won by whoever resolves disagreement fastest and reads what no one else will. An analytical case for Elyra, and for the thesis that the hedge fund of the next decade is a swarm of disagreeing machines, not a faster button. The bottom line, up front Two markets that look nothing alike are dying of the same disease. In crypto, a serious trader monitors a dozen screens price across CEXs and DEXs, on-chain flows, contract risk, funding rates, liquidations, social sentiment, yield and still loses...