SVB, liquidity migration + more
Higher interest rates are coming to DeFi + more
The BSA’s surveillance framework is ingrained within U.S. regulators’ compliance culture – but it doesn't work for crypto.
New concepts for DEX return benchmarking + more
What's in store for DEXs and DeFi following the FTX fiasco?
DeFi liquidity providers have come to believe that impermanent loss unavoidable. That narrative is incorrect, and Clipper's empirical record proves this.
The best way to evaluate the profit potential of a DEX pool is to compare its returns against a common benchmark. We recommend a daily rebalanced portfolio.
Automated market makers can obviate the need to hold customer money and the opportunity for fraud.
Despite crypto-friendly laws in Wyoming, most DAOs are choosing to incorporate overseas.
What exactly is #RealYield and why should you care? + more.
For DeFi to reach peak capital efficiency, LP yields must be based on profit, not misleading revenue figures. Better benchmarking, better LP allocation choices.
Where's all the capital in long tail tokens coming from? The markets may finally be giving us a clue + Shipyard's new derivatives DEX is just around the corner!
Among the US Congress' proposed bills, the Digital Commodities Consumer Protection Act takes the most practical approach to digital asset oversight.
Yes, crypto has limitations. But the traditional banking system is a more attractive place for money laundering regardless.
New DEXs are pushing beyond simple spot trades for common crypto assets, and Clipper users can now become a Sponsor and earn among the highest yields in DeFi!
Ethereum’s completion of its much anticipated ‘Merge’ this week will unlikely improve the network’s long-term speed or scalability.
The possibilities for derivatives are nearly endless, but the design space for DeFi derivatives remains largely unexplored. Shipyard is working on a solution.
A breakdown of the recent Nomad attack, the future of crypto funding, and other ongoing developments within the DeFi space.
Crypto winter may have arrived, and the smart money is shifting their focus to fundamentals. But what are the fundamentals? Let's dig in.
Crypto markets are re-focusing on the fundamentals as Clipper launches a new product!
While every generation has its unique economic challenges and opportunities, financial starting points often change radically across generations.
A lot has happened since the famed DeFi summer. More protocols have launched, talent is rapidly migrating, and there's a lot of movement in the space.
If oil and gas are one day denominated in cryptocurrency, we’re likely to see other industries start pegging their goods and services to crypto.
Legal incorporation may represent the best path forward for many decentralized organizations, in terms of limiting personal liability and protecting users.
DeFi projects that fail to achieve decentralization are unlikely to succeed in the long run. We at Shipyard have come up with a handful of guideposts.
Shipyard’s development team came up with an elegant solution to an issue we encountered following Clipper’s first community liquidity program.
On February 8, 2021, Shipyard became the first organization to legally incorporate a DAO in the Marshall Islands!
Watch Shipyard Software's CEO, Mark Lurie, announce Admiral DAO, the first legally incorporated DAO in the Marshall Islands.
Clipper’s Polygon deployment is a new kind of market maker, a Formula Market Maker (FMM), which combines the best qualities of an AMM and a PMM.
As regulators in the U.S. and beyond look to control this fast-growing marketplace, DeFi projects now face an increasingly perplexing decentralization dilemma.
The latest trends within the DeFi space, including leadership transitions and a look at several up and coming protocols.
Clipper’s updated Polygon data dashboard now displays the net yield that Liquidity Providers are earning! Here's how it works.
2021 was a thrilling year for crypto, and we expect this year to be similarly full of plot twists and cliff hangers.
As we enter 2022, here's a quick refresher on how last year closed out.
El Salvador’s bold decision to adopt Bitcoin as legal tender inspired countless critical headlines.
The latest explosive trend in DeFi is distributed autonomous organizations, commonly known as DAOs.
The most recent trend in DEXs is a race to the bottom in fees.
The exploits have been coming thick and fast recently.
Rather than doing the same thing over and over and expecting different results, the crypto industry needs a new development paradigm.
Shipyard Software was created with one purpose in mind – to create markets that are free and fair.
The DeFi world is obsessed with a metric called Total Value Locked (TVL). That's not always a useful thing.
Ethereum's high gas prices are driving crypto traders to other environments while DeFi industry regulations loom in the horizon.
A decentralized exchange reckoning is coming — and it’s bigger than the infrastructure bill — thus, the DeFi community must be ready.
Thiswhitepaper describes the theoretical development of Clipper's market maker and orienting it in a continuum between the CPMM and a fixed-price market maker.
Recording of a lecture from Abe Othman.
Early-stage investing is an asymmetric bet.
In this thesis we present a principled theoretical framework for market making along with applications of that framework to different contexts.