Understanding Decentralized Order Books
A technical primer on how modern DEXes implement central limit order books on-chain.
Written explainers that cover the fundamentals and more advanced topics in decentralized finance. Clear, accurate, and rigorous — the way foundational reference material should be.
A technical primer on how modern DEXes implement central limit order books on-chain.
A foundational guide to how perpetual futures contracts work, their mechanics, and their role in modern markets.
The mechanism that keeps perpetual contract prices anchored to spot markets, and why it matters.
A framework for thinking about the risks specific to decentralized finance and how to manage exposure.
How to interpret blockchain analytics and derive meaningful insights from publicly available data.
Understanding how decentralized protocols access external data and why oracle design matters.