May 5, 2026
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1 min read
The DeFi research newsletter is now published under YO Protocol. Moving to biweekly so we can go deeper on each issue.
Apr 29, 2026
3 min read
Seven protocols just pooled $300 million to fix a problem none of them caused. The bailout might work. The precedent is what matters.
Apr 22, 2026
4 min read
A bridge exploit at Kelp DAO became a liquidity crisis at Aave in under 48 hours. DeFi's risk layers failed in the order they were connected.
Apr 14, 2026
7 min read
World Liberty Financial borrowed $75 million against its own token on a platform its adviser co-founded. The depositors who funded it can't get out.
Apr 7, 2026
North Korea spent half a year inside Drift Protocol before stealing $285M in 12 minutes.
Apr 1, 2026
5 min read
Recursive leverage is structural in DeFi lending, and it's why your supply yield keeps compressing.
Mar 25, 2026
Resolv's USR exploit wasn't a smart contract bug. It was a trust failure and the fallout is testing whether DeFi's risk tranching actually works.
Mar 17, 2026
The biggest DeFi lending protocol hit a historic milestone, then had one of the worst weeks in its history.
Mar 10, 2026
Why one weak asset can undermine an entire lending market
Mar 3, 2026
9 min read
Why DeFi's one-size-fits-all yield model is finally getting an upgrade
Feb 24, 2026
Why borrow rates jump when utilization gets tight.
Feb 17, 2026
The Hidden Complexity Inside Market-Making Positions