Perps, pressure, and the shape of Open Money
A macro spark meets levered books; we trace the liquidation cascade, unpack how perps keep taking share, and map what this means for onchain finance.
Daniel McGlynn provides writing, content strategy, and brand positioning guidance for some of the internet's leading brands. Creating here to document what he learns along the way.
A macro spark meets levered books; we trace the liquidation cascade, unpack how perps keep taking share, and map what this means for onchain finance.
Zcash’s sharp rally put the “privacy trade” back in focus, pairing a clean technical breakout with real product upgrades. For Open Money, the takeaway is practical: private, censorship-resistant payments are getting easier to use and belong in the resilience toolkit.
Dogecoin started as a joke but now trades inside an ETF, making internet humor a retirement asset. The product shows how finance is learning to package culture as easily as commodities or stocks.
Token launches from MetaMask and Base feel both inevitable and strategic. Together, they mark a shift in how crypto’s core infrastructure players plan to govern, grow, and capture value.
Crypto’s value stack is shifting. Fat apps are capturing more users, revenue, and attention — challenging the dominance of fat protocols. The next cycle will be shaped by how apps and infrastructure converge, compete, and evolve.
Prediction markets promise sharper foresight about the future — but do they actually deliver truth, or just monetize vibes? As billions flow into these new kinds of markets, what are we actually betting on?