Investable Crypto Is Shrinking w/ Noah Goldberg
Noah Goldberg explains brutal reality of the 2025 crypto market. Fund attrition, the shift toward fintech, the Hyperliquid valuation debate, and why the venture model is struggling with low DPI and massive token overhang post-listing.
Why The Banking Lobby Is Fighting Stablecoin Yield
Zack Shapiro breaks down the current state of crypto policy, the battle over the CLARITY Act, and why the banking lobby is fighting stablecoin yield. Zack explains the “Defi Mullet,” AI agent personhood, and the reality of the Strategic Bitcoin Reserve.
The Stablecoin Liquidity Trap
Ex-Bank of Canada economist Mitchell and liquid fund veteran Kevin join the show to discuss Sierra, the evolution of liquid yield tokens.
The Pro-Quantum Argument w/ Tyler Whittle
Tyler Whittle joins the show to discuss the looming threat of quantum computing to modern cryptography. We chat the Q-Day timeline, Google’s Willow breakthrough , and why Bitcoin must transition to post-quantum standards to survive the next decade.
The Crypto Community Hangover w/ David Hoffman
David Hoffman discusses the “crypto hangover,” the shift from communities to businesses, and why internet capital markets are the only way to keep pace with AI.
The 1010 Exploit and other broken market structures
Lucas & Hersch from World Markets explains why centralized exchanges function like casinos, how onchain risk engines unlock up to 50% returns, and why fully transparent DeFi market structure may replace today’s perp platforms.
1 Year After Leaving Ethereum For Solana
Max Resnick discusses his transition from Ethereum to Solana, the intricacies of MCP for solving MEV, and the rise of prop AMMs like Humidify. He dives into on-chain market structure, censorship resistance, and competing with Hyperliquid.
Getting To The Bottom Of Quantum w/ Rearden
Bitcoin developer Brandon Black (ReardenCode) analyzes the reality of the quantum computing threat to Bitcoin.
How Lighter ate away Hyperliquid’s moat
Vladimir Novakovski joins us to discuss Lighter’s rapid rise as a top DEX. We cover the zero-fee model, ZK technology for verification, and the surge in on-chain Forex volume. Vlad also shares roadmap alpha on options, fixed income, and upcoming tokenomics.
The Hidden Cost of Zero-Fee DEX’s
Ruslan from Extended Perp Exchange discusses building a unified margin perp exchange, the verifiability of DEXs, the zero-fee debate, attracting users and liquidity, cross-asset collateral, their roadmap, and the future of the perp DEX market.