Indexed Podcast

In today's episode we're fresh back from Argentina with stories from Devconnect Argentina 2025, DuneCon, and our Patagonia side quest. We go deep on bridges, what they are, how hard they are to track, and the unique challenges of reconciling cross-chain transfers. We explore the efforts to synthetically tie together bridge inflows and outflows, and why “perfect” data may not be possible, but “good” data is still incredibly powerful. We dive into new datasets, what makes their approach special, and how analysts can contribute. And much more—enjoy!— Timestamps: (00:00) Introduction (00:55) Argentina recap (05:46) Def Connect issues (06:13) Data for non-wizards (07:41) Patagonia reflections (10:46) Bridges talk overview (20:41) Bridge data challenges (28:15) 80/20 data mindset (30:05) Deposits & withdrawals linked (33:20) Timing data limits (36:51) Counting blocks (38:55) Bridge performance metrics (39:35) Community contributions (40:00) Outro— Follow the co-hosts:https://x.com/hildobby https://x.com/0xBoxe https://x.com/sui414Follow the Indexed Podcast:https://twitter.com/indexed_pod—The Indexed Podcast discusses hot topics, trendy metrics and chart crimes in the crypto industry, with a new episode every 1st and 3rd Thursday of the month, brought to you by wizards @hildobby_ @0xBoxer @sui414.Subscribe/follow the show and leave a comment to help us grow the show!—DISCLAIMER: All information presented here should not be relied upon as legal, financial, investment, tax or even life advice. The views expressed in the podcast are not representative of hosts' employers views. We are acting independently of our respective professional roles.

Today we're joined by Jay Yu (@0xfishylosopher), research & partner @panteracapital, to discuss x402; a blockchain based micropayments solution built around the 402 HTTP status code.We cover:- Stablecoin payments through HTTP 402- Real-world use cases and current pilot implementations- Wallet adoption trends- Facilitators like Coinbase and market share breakdown- The evolving facilitator landscape and parallels to block building- Comparisons to other payment frameworks like ERC-4804And much more—enjoy!—Timestamps:(00:00) Introduction (05:16) Why 402 was never used(06:03) Giving 402 a stablecoin-powered makeover(11:21) UX tradeoffs vs. new micropayment opportunities(15:35) Use case ideation and ecosystem players(20:23) Adoption status today(23:38) Live applications beyond memes?(25:54) Wallet adoption trends and user numbers(28:20) Facilitator market share(29:57) Facilitator business models and stablecoin swaps(31:55) BD dynamics and payment routing(36:23) Competing protocols like ERC-4804(43:14) Stablecoins, regulation, and the next 3 years(43:40) Outro—Follow the guest:https://x.com/0xfishylosopherFollow the co-hosts:https://x.com/hildobbyhttps://x.com/0xBoxerhttps://x.com/sui414Follow the Indexed Podcast:https://twitter.com/indexed_pod—The Indexed Podcast discusses hot topics, trendy metrics and chart crimes in the crypto industry, with a new episode every 1st and 3rd Thursday of the month, brought to you by wizards @hildobby_ @0xBoxer @sui414.Subscribe to our channel and leave a comment to help us make the pod better!—DISCLAIMER: All information presented here should not be relied upon as legal, financial, investment, tax or even life advice. The views expressed in the podcast are not representative of hosts' employers views. We are acting independently of our respective professional roles.

Today the three of us are diving deep on Digital Asset Treasury Companies.We discuss:What digital asset treasury companies areNotable examples and structuresWhy this category is rising nowHow to evaluate them (key metrics)Our Digital Asset Treasury dashboardMarket caps in contextMicroStrategy’s BTC holdingsMarket cap vs Net Asset Value (NAV)The crypto investment flywheelWhen companies trade at high premiumsBitMine: a closer lookPre-funded warrants & their impactAnd much more—enjoy! — Timestamps: (00:00) Introduction (04:11) Understanding Digital Asset Treasury Companies (05:12) Examples of Digital Asset Treasury Companies (08:15) The Rise of Digital Asset Treasury Companies (16:35) Metrics for Evaluating Digital Asset Treasury Companies (16:56) Digital Asset Treasury Dashboard (24:43) Market Caps (25:14) Understanding MicroStrategy's Bitcoin Holdings (26:50) Market Cap vs. Net Asset Value (NAV) (28:51) The Flywheel Effect in Crypto Investments (30:38) Analyzing High Premiums in Crypto Companies (33:53) Deep Dive into Bit Mine Data (37:04) The Impact of Pre-Funded Warrants (42:30) Final Thoughts on Digital Asset Treasuries (47:25) Outro—NEW: Join the Indexed Pod group chat: https://t.me/+Jmox7c6mB8AzOWU0Follow the co-hosts:https://x.com/hildobbyhttps://x.com/0xBoxerhttps://x.com/sui414Follow the Indexed Podcast:https://x.com/indexed_pod—The Indexed Podcast discusses hot topics, trendy metrics and chart crimes in the crypto industry, with a new episode every 1st and 3rd Thursday of the month, brought to you by wizards @hildobby @0xBoxer @sui414.Subscribe/follow the show and leave a comment to help us grow the show!—DISCLAIMER: All information presented here should not be relied upon as legal, financial, investment, tax or even life advice. The views expressed in the podcast are not representative of hosts' employers views. We are acting independently of our respective professional roles.

We discuss:- What Perp DEXs are and how they differ from spot- Mechanics of perpetual contracts: funding, leverage, liquidations, oracles- Hyperliquid’s rise and current market dynamics- Key challenges: latency, MEV, risk engines, insurance funds- New designs and innovations across onchain derivatives- Where perp markets may go nextAnd much more—enjoy!—Timestamps:(00:00) Introduction(00:42) Overview of Perpetual Decentralized Exchanges (Perp DEX)(04:05) Understanding Perpetual Contracts(19:37) The Rise of Hyperliquid and Market Dynamics(27:40) Challenges and Innovations in Perp DEX(35:15) Outro—NEW: Join the Indexed Pod group chat: https://t.me/+Jmox7c6mB8AzOWU0Follow the co-hosts:https://x.com/hildobbyhttps://x.com/0xBoxerhttps://x.com/sui414Follow the Indexed Podcast:https://x.com/indexed_pod—The Indexed Podcast discusses hot topics, trendy metrics and chart crimes in the crypto industry, with a new episode every 1st and 3rd Thursday of the month, brought to you by wizards @hildobby @0xBoxer @sui414.Subscribe/follow the show and leave a comment to help us grow the show!—DISCLAIMER: All information presented here should not be relied upon as legal, financial, investment, tax or even life advice. The views expressed in the podcast are not representative of hosts' employers views. We are acting independently of our respective professional roles.

Today we’re diving deep into prediction markets!We discuss:- The rise of prediction markets and their growing relevance- Cultural significance and media attention- Market share, competition, and user behavior- Decentralization vs. centralization trade-offs- Regulatory frameworks, licenses, and government scrutiny- Manipulation risks and trust issues in prediction platforms- How prediction markets actually work- Metrics like open interest vs. volume- Impact of state-level regulations- Category growth and revenue models- The future of prediction markets and the road aheadAnd much more—enjoy!—Timestamps:(00:00) Introduction(00:33) The Rise of Prediction Markets(01:21) Cultural Relevance and Media Coverage(03:08) Market Share and Competition(05:19) Decentralization vs. Centralization(07:57) Regulatory Challenges and Licenses(09:40) Manipulation and Trust Issues(13:41) Understanding Prediction Market Mechanics(20:30) Open Interest vs. Volume(23:58) Discussing Prediction Market Metrics(25:12) Impact of State Regulations on Prediction Markets(30:04) Open Interest and Market Categories(33:17) Revenue Models of Prediction Markets(39:54) Future of Prediction Markets and Regulatory Challenges(45:40) Outro—NEW: Join the Indexed Pod group chat: https://t.me/+Jmox7c6mB8AzOWU0Follow the co-hosts:https://x.com/hildobbyhttps://x.com/0xBoxerhttps://x.com/sui414Follow the Indexed Podcast:https://x.com/indexed_pod—The Indexed Podcast discusses hot topics, trendy metrics and chart crimes in the crypto industry, with a new episode every 1st and 3rd Thursday of the month, brought to you by wizards @hildobby @0xBoxer @sui414.Subscribe/follow the show and leave a comment to help us grow the show!—DISCLAIMER: All information presented here should not be relied upon as legal, financial, investment, tax or even life advice. The views expressed in the podcast are not representative of hosts' employers views. We are acting independently of our respective professional roles.

In this episode, we unpack the evolving landscape of stablecoins.We discuss:Recent Developments in StablecoinsHyperliquid and USDH AuctionStablecoin Issuers and GovernanceInnovative Stablecoin DesignsStablecoin Data InsightsGlobal Stablecoin UsageL1 vs L2 Debate for StablecoinsAnd much more—enjoy! — Timestamps: (00:00) Introduction (00:34) The State of Stablecoins  (02:49) Recent Developments in Stablecoins (04:22) Hyperliquid and USDH Auction (08:20) Stablecoin Issuers and Governance (16:14) Innovative Stablecoin Designs (20:15) Stablecoin Data Insights (29:02) Global Stablecoin Usage (35:35) L1 vs L2 Debate for Stablecoins (42:33) Outro —Content links:https://dune.com/blog/latam-crypto-2025-reporthttps://www.fireblocks.com/report/state-of-stablecoins/https://x.com/LexSokolin/status/1962189376500253100https://a16zcrypto.substack.com/p/a-new-playbook-for-tradfi?publication_id=811657&post_id=171101652&isFreemail=true&r=1dhq6&triedRedirect=true—NEW: Join the Indexed Pod group chat: https://t.me/+Jmox7c6mB8AzOWU0Follow the co-hosts:https://x.com/hildobbyhttps://x.com/0xBoxerhttps://x.com/sui414Follow the Indexed Podcast:https://twitter.com/indexed_pod—The Indexed Podcast discusses hot topics, trendy metrics and chart crimes in the crypto industry, with a new episode every 1st and 3rd Thursday of the month, brought to you by wizards @hildobby @0xBoxer @sui414.Subscribe/follow the show and leave a comment to help us grow the show!—DISCLAIMER: All information presented here should not be relied upon as legal, financial, investment, tax or even life advice. The views expressed in the podcast are not representative of hosts' employers views. We are acting independently of our respective professional roles.

Today we’re joined by James Wang from Spindl/Coinbase to talk all things Web3 advertising.We discuss:- James' career journey and building Spindl- Web3 ad growth and how data powers it- What makes Spindl's approach unique- Attribution in Web3 advertising- Coinbase Ads and the broader Spindl vision- How users are defined in Web3- Case studies of Web3 ad success- Future of Web3 ads and the Flywheel Protocol- Challenges in attributionAnd much more—enjoy!—Timestamps:(00:00) Introduction(01:53) James' background(03:17) The Role of Data in Web3 Ad Growth(04:43) Spindl's Unique Approach to Ads(05:58) Building Spindl and Joining Coinbase(09:14) Understanding Web3 Ads and Attribution(17:59) Spindl's Attribution System Explained(23:17) Web3 Ads in Action(24:48) Targeting Users with Web3 Analytics(25:30) Defining and Identifying Users in Web3(27:27) Coinbase Ads and Spindl's Vision(33:20) Successful Case Studies in Web3 Advertising(37:59) Future of Web3 Ads and Flywheel Protocol(45:24) Challenges in Attribution(48:22) Outro—Follow the guest:https://x.com/juicemanjamezFollow the co-hosts:https://x.com/hildobbyhttps://x.com/0xBoxerhttps://x.com/sui414Follow the Indexed Podcast:https://twitter.com/indexed_pod—The Indexed Podcast discusses hot topics, trendy metrics and chart crimes in the crypto industry, with a new episode every 1st and 3rd Thursday of the month, brought to you by wizards @hildobby_ @0xBoxer @sui414.Subscribe/follow the show and leave a comment to help us grow the show!—DISCLAIMER: All information presented here should not be relied upon as legal, financial, investment, tax or even life advice. The views expressed in the podcast are not representative of hosts' employers views. We are acting independently of our respective professional roles.

Today we’re joined by Tom, Head of Data at Entropy Advisors and Ali, Data Analyst at Entropy Advisors to explore how they’re accelerating DAO development on Arbitrum.We discuss:Governance and treasury management strategiesDAO governance process and decision-makingDelegate dynamics and voting behaviorTracking grants and ensuring financial transparencyThe future of gaming in Web3Fund allocation and budget managementChallenges and criticisms of gaming investmentsThe role of program managersUsing dashboards for better insightsUnderstanding “Time Boost” and its impactLicensing fees and their implicationsAnd much more—enjoy! — Timestamps: (00:00) Introduction (03:36) Entropy Advisors: Accelerating DAO Development @arbitrum (08:10) Governance and Treasury Management (21:15) DAO Governance Process (28:31) Delegate Dynamics and Voting (43:21) Tracking Grants and Financial Transparency (47:58) The Future of Gaming in Web3 (48:34) Fund Allocation and Budget Management (49:28) Challenges and Criticisms of Gaming Investments (50:52) The Role of Program Managers (52:36) Dashboards (1:01:17) Understanding Time Boost and Its Impact (1:09:35) Licensing Fees (1:24:08) Outro —Content links:Join the Indexed Pod group chat: https://t.me/+Jmox7c6mB8AzOWU01. Arbitrum DAO: Financials: https://dune.com/entropy_advisors/arbitrum-dao-financials2. Arbitrum DAO: Treasury: https://dune.com/entropy_advisors/arbitrum-dao-treasury3. Arbitrum DAO: Governance Proposals: https://dune.com/entropy_advisors/arbitrum-dao-governance-proposals4. Arbitrum DAO: Delegates: https://dune.com/entropy_advisors/arbitrum-dao-delegates —Follow the guests:Ali: https://x.com/AliTslmTom: https://x.com/tomwanhhFollow the co-hosts: https://x.com/hildobby_ https://x.com/0xBoxer https://x.com/sui414Follow the Indexed Podcast:https://twitter.com/indexed_pod — The Indexed Podcast discusses hot topics, trendy metrics and chart crimes in the crypto industry, with a new episode every 1st and 3rd Thursday of the month, brought to you by wizards @hildobby_ @0xBoxer @sui414.Subscribe/follow the show and leave a comment to help us grow the show! — DISCLAIMER: All information presented here should not be relied upon as legal, financial, investment, tax or even life advice. The views expressed in the podcast are not representative of hosts' employers views. We are acting independently of our respective professional roles.

In this episode, we’re joined by Jackie (@agaperste), Head of Data Science at Uniswap Foundation, and Grace (@grace_lily), part of the Data team at Uniswap 🦄.Together, we dive deep into Uniswap V4 and the broader innovations shaping the Uniswap ecosystem. From the unique mechanics of Bunni to the challenges of liquidity management, new TVL metrics, and arbitrage flows, this one’s packed with expert insights. We also explore Unichain, spam mitigation on L2s, and the evolution of smart wallets in the Uniswap Wallet, and much more—enjoy!—Timestamps:(00:00) Introduction(01:42) Uniswap V4 and Ecosystem Growth(05:35) Understanding Uniswap V4's Unique Features(10:32) Bunni and Liquidity Management(15:59) Challenges and Innovations in Uniswap V4(22:36) Data Analysis and Adoption of Uniswap V4(37:11) Debating New Metrics for TVL(38:24) Challenges with TVL and Liquidity(41:26) Uniswap V4 and Liquidity Incentives(45:13) Arbitrage Opportunities in V4(48:57) Introduction to Unichain(51:34) Adoption and Use Cases of Unichain(53:31) Mitigating Spam on L2 Chains(1:01:22) Uniswap Wallet and Smart Wallets(1:07:59) Closing Thoughts and Future Prospects(1:08:23) Outro—Links:Uniswap: https://app.uniswap.org/swapUniswap Twitter: https://x.com/uniswapUniswap V4: https://v4.uniswap.org/—Follow the guests:Grace: https://x.com/_grace_lilyJackie: https://x.com/agapersteFollow the co-hosts: https://x.com/hildobby_ https://x.com/0xBoxer https://x.com/sui414Follow the Indexed Podcast: https://twitter.com/indexed_pod—The Indexed Podcast discusses hot topics, trendy metrics and chart crimes in the crypto industry, with a new episode every 1st and 3rd Thursday of the month, brought to you by wizards @hildobby_ @0xBoxer @sui414.Subscribe to our channel and leave a comment to help us make the pod better! — DISCLAIMER: All information presented here should not be relied upon as legal, financial, investment, tax or even life advice. The views expressed in the podcast are not representative of hosts' employers views. We are acting independently of our respective professional roles.

In this episode, the hosts are joined by Igor from Wintermute to unpack EIP 7702.We explore:Recap of Pectra/EIP7702The motivation behind the proposalImplications for smart contract walletsHow it reshapes delegation and securityAdoption metricsWintermute Research insights with on-chain data analysisThe evolving wallet landscapeThe impact on UX, security concerns, and the future trajectory of wallet adoption and automationAnd much more—enjoy! — Timestamps: (00:00) Introduction (01:11) Deep Dive into EIP 7702 (01:41) Igor's Background and Wintermute Research (03:54) Understanding EIP 7702 and Its Implications (10:39) Adoption and Impact of EIP 7702 (13:07) Analyzing Delegation Data and Crime Patterns (21:39) White Hat Usage and Exchange Implementations (24:54) Automating Fund Transfers (25:07) Analyzing Contract Interactions (26:26) MetaMask and User Experience (29:17) Security Concerns and Delegation (38:16) EIP 7702: Benefits and Criticisms (40:28) Future of Wallets and Adoption (46:33) Closing Thoughts —Links:https://dune.com/wintermute_research/eip7702https://www.theblock.co/post/356481/wintermute-warns-pectra-upgrade-leaves-ethereum-users-at-risk-of-automated-attackshttps://dune.com/lorenz234/transaction-type-adoption — Follow the guest: https://x.com/FrankResearcherFollow the co-hosts: https://x.com/hildobby_ https://x.com/0xBoxer https://x.com/sui414Follow the Indexed Podcast: https://twitter.com/indexed_pod — The Indexed Podcast discusses hot topics, trendy metrics and chart crimes in the crypto industry, with a new episode every 1st and 3rd Thursday of the month, brought to you by wizards @hildobby_ @0xBoxer @sui414.Subscribe to our channel and leave a comment to help us make the pod better! — DISCLAIMER: All information presented here should not be relied upon as legal, financial, investment, tax or even life advice. The views expressed in the podcast are not representative of hosts' employers views. We are acting independently of our respective professional roles.

Today we're diving into Real Economic Value (REV) and the true utility of blockchain metrics.We explore:What Real Economic Value (REV) actually measuresBreaking down REV's methodology and its implicationsComparing Ethereum and Solana through the lens of REVThe role of MEV and nuances in MEV paymentsFlash Bots, True Block Value, and Extractable ValueChallenges in measuring and evaluating blockchain activityEthereum vs. Solana: roadmap differences and metric clarityThe future of blockchain metricsAnd much more—enjoy! — Timestamps: (00:00) Introduction (01:47) Understanding Real Economic Value (REV) (03:10) Breaking Down REV Metrics (07:58) Comparing Ethereum and Solana (10:20) The Role of MEV (15:45) Challenges in Measuring Blockchain Metrics (39:18) Flash Bots and Realized Extractable Value (REV) (43:52) Understanding True Block Value (44:46) Comparing Solana and Ethereum (45:54) Nuances in MEV Payments (47:26) Methodology of REV (47:54) Non-Standard Transfers and Their Impact (51:30) Evaluating Metrics (55:18) Debating the Validity of REV (1:03:02) Ethereum vs. Solana: Roadmap and Metrics (1:15:25) The Future of Blockchain Metrics (1:23:16) Final Thoughts and Conclusion —The Indexed Podcast discusses hot topics, trendy metrics and chart crimes in the crypto industry, with a new episode every 1st and 3rd Thursday of the month, brought to you by wizards @hildobby_ @0xBoxer @sui414.Subscribe to our channel and leave a comment to help us make the pod better!Follow the Indexed Podcast on Twitter: https://twitter.com/indexed_pod — DISCLAIMER: All information presented here should not be relied upon as legal, financial, investment, tax or even life advice. The views expressed in the podcast are not representative of hosts' employers views. We are acting independently of our respective professional roles.

Today we’re joined by Ethereum researcher Christine Kim to go deep on Ethereum's Pectra upgrade, set to launch on April 21.In this episode we're discussing: * Christine's background * Technical know-how * Ethereum technical upgrade coverage * Ethereum Core Dev Calls * Ethereum upgrade governance process * Unpacking the Pectra upgrade * Upgrade goals: L2 scaling, wallet UX, staking & more * BLOBs * Dencun’s Ethereum revenue impacts/DA cost reductions * BLOB space demand * Back to ‘ETH is a commodity to pay for gas’ * “There are too many active validators” * Reducing validators risks centralizing? * 1M+ validators/improving network efficiencies/Lido solo stakers * Do Ethereum core dev’s have a validators target? * EIP-7702 explained * Most looking forward to from EIP-7702 * EIP-7702 limitations * Adoption of type 4 transactions * Christine’s new Substack: ‘christinedkim’ + upcoming content plansAnd much more—enjoy!—Timestamps: (00:00) Introduction (01:26) Christine's background (03:27) Technical know-how (06:25) Ethereum technical upgrade coverage (08:31) Ethereum Core Dev Calls (12:46) Ethereum upgrade governance process (18:23) Unpacking the Pectra upgrade (22:23) Upgrade goals: L2 scaling, wallet UX, staking & more (25:38) BLOBs (27:50) Dencun’s Ethereum revenue impacts/DA cost reductions (34:46) BLOB space demand (38:28) Back to ‘ETH is a commodity to pay for gas’ (41:01) “There are too many active validators” (42:44) Reducing validators risks centralizing? (47:24) 1M+ validators/improving network efficiencies/Lido solo stakers (49:27) Do Ethereum core dev’s have a validators target? (52:16) EIP-7702 explained (54:37) Most looking forward to from EIP-7702 (1:01:10) EIP-7702 limitations (1:04:46) Adoption of type 4 transactions (1:11:32) Christine’s new Substack: ‘christinedkim’ + upcoming content plans (1:18:26) Outro —Content links:Christine's Substack: https://bit.ly/4jWnkeD —Follow Christine:https://x.com/christine_dkim https://christinedkim.substack.comFollow the co-hosts:https://x.com/hildobby_ https://x.com/0xBoxer https://x.com/sui414Follow the Indexed Podcast:https://twitter.com/indexed_pod —The Indexed Podcast discusses hot topics, trendy metrics and chart crimes in the crypto industry, with a new episode every 1st and 3rd Thursday of the month, brought to you by wizards @hildobby_ @0xBoxer @sui414.Subscribe/follow the show and leave a comment to help us grow the show! —DISCLAIMER: All information presented here should not be relied upon as legal, financial, investment, tax or even life advice. The views expressed in the podcast are not representative of hosts' employers views. We are acting independently of our respective professional roles.

Today the three of us are discussing all things Dragonfly’s State of Airdrops Report 2025, Airdrop mechanics, incentives, regulations, and more! We discuss:If Airdrops are still relevant in 2025The US government's evolving stance on AirdropsHighlights from Dragonfly’s State of Airdrops ReportThe mechanics of unclaimed AirdropsLegal limitations on claimingRegulatory uncertainty and protocol costsHow effective Airdrops are for user growth and retentionComparing Web3 and Web2 liquidity unlocksDesigning Airdrop incentivesExploring new governance solutionsAnd much more—enjoy!—Timestamps: (00:00) Introduction (01:08) Why focus on Airdrops in 2025? (05:45) What’s the US gov position on Airdrops? (13:03) Dragonfly’s State of Airdrops Report 2025 (26:41) Unclaimed Airdrop mechanics (34:48) Airdrop claim limitations (38:34) Cost of regulatory uncertainty (41:13) Airdrop effectiveness for protocols (55:03) Web3 vs Web2 liquidity unlocks (1:01:37) Airdrop incentives (1:10:42) Governance solutions (1:12:25) Outro— Content links:Dragonfly’s State of Airdrops Report 2025: https://bit.ly/41Y3Tf6—The Indexed Podcast discusses hot topics, trendy metrics and chart crimes in the crypto industry, with a new episode every 1st and 3rd Thursday of the month, brought to you by wizards @hildobby_ @0xBoxer @sui414.Subscribe to our channel and leave a comment to help us make the pod better!Follow the Indexed Podcast on Twitter: https://twitter.com/indexed_pod —DISCLAIMER: All information presented here should not be relied upon as legal, financial, investment, tax or even life advice. The views expressed in the podcast are not representative of hosts' employers views. We are acting independently of our respective professional roles.

Today, we dive into a new DEX research paper 'Execution Welfare Across Solver-based DEXes'. Joined by the authors, to find out which DEX is the best—enjoy!—  Timestamps:(00:00) Introduction  (04:53) What motivated this research?  (10:00) Measuring DEX end-user satisfaction  (12:29) Trade simulations vs historic trade data  (16:53) Research findings: welfare boxplot  (20:18) Asset-type dependence/platform comparison  (23:00) V2 liquidity attraction  (24:33) Onchain execution vs CEX  (33:10) DEX recommendations  (35:23) PEPE Ethereum onchain liquidity: long tail  (38:50) Trader profiles  (44:43) PMM/AMM liquidity comparisons  (50:56) How has your own behavior changed from research findings?  (1:01:37) Outro  —  Content links:Research paper: https://arxiv.org/abs/2503.00738—  **Follow the co-hosts** https://x.com/hildobby_  https://x.com/0xBoxer  https://x.com/sui414  **Follow the guests** https://x.com/ballsyalchemisthttps://x.com/dex_chen_V**Follow the Indexed Podcast:**  https://twitter.com/indexed_pod  —  The Indexed Podcast discusses hot topics, trendy metrics, and chart crimes in the crypto industry, with a new episode every 1st and 3rd Thursday of the month, brought to you by wizards @hildobby_, @0xBoxer, and @sui414.  Subscribe/follow the show and leave a comment to help us grow the podcast!  —  **DISCLAIMER:** All information presented here should not be relied upon as legal, financial, investment, tax, or even life advice. The views expressed in the podcast are not representative of the hosts' employers' views. We are acting independently of our respective professional roles.

Today we're discussing the $1.5B Bybit hack and diving deep onchain.  In this episode we're discussing:Cryptos history of hacksExchange hack mechanics Solving hardware wallets/Safe UIMultisig partners verification processesBybit outflowsBybit comms response strategyDeFi/Ethena impactOracle execution Bybit’s crisis response Tracing the hackersValuable insights from the hackAnd much more—enjoy! — This is a developing news story, here are relevant links to updates:https://x.com/benbybit/status/1894768736084885929https://x.com/pcaversaccio/status/1894773709996724403—Timestamps:(00:00) Introduction(05:51) Hack size comparisons(07:53) Exchange hack mechanics (16:34) Solving hardware wallets/Safe UI(20:45) Multisig partners verification processes(22:55) Bybit outflows(28:29) Bybit comms response strategy(29:39) DeFi/Ethena impact(36:03) Oracle execution (40:52) Bybit’s crisis response (42:27) Tracing the hackers(48:50) Valuable insights from the hack(50:01) Ethereum rollback? (56:57) ETH quick takes (58:57) Outro—Follow the co-hosts:https://x.com/hildobby_https://x.com/0xBoxerhttps://x.com/sui414Follow the Indexed Podcast:https://twitter.com/indexed_pod—The Indexed Podcast discusses hot topics, trendy metrics and chart crimes in the crypto industry every 1st and 3rd Thursday of the month, brought to you by wizards @hildobby_ @0xBoxer @sui414.Subscribe/follow the show and leave a comment to help us grow the show!—DISCLAIMER: All information presented here should not be relied upon as legal, financial, investment, tax or even life advice. The views expressed in the podcast are not representative of hosts' employers views. We are acting independently of our respective professional roles.

Today we're joined by Lorenz Lehmann, The Master of Labels at growthepie.xyz. In this episode we're discussing:- What does ‘Grow The Pie’ do?- What is Grow The Pie measuring? - Indexed & aggregated data- Most profitable L2 vs biggest loser - Base rollups- Ethereum block time constraints - L1/L2 economics overview - Network fees, Blob space miss-pricing, tariffs needed?- L1 fees vs Blob fees- Who’s ETH aligned?- Ethereum calldata, Celestia vs Ethereum Blobs- Celestia’s DA economics/scalability- Paying for data/Grow The Pie costs, data as a public good- Block space utilisation - Grow The Pie’s labelling solutionAnd much more—enjoy!—Timestamps:(00:00) Introduction(03:07) Why ‘Grow The Pie’?(05:10) What is Grow The Pie measuring? (08:58) Indexed & aggregated data(10:09) Most profitable L2 vs biggest loser (14:33) Base rollups(15:51) Ethereum block time constraints (17:46) L1/L2 economics overview (20:42) Network fees, Blob space miss-pricing, tariffs needed?(32:35) L1 fees vs Blob fees(33:53) Who’s ETH aligned?(40:24) Ethereum calldata, Celestia vs Ethereum Blobs(45:03) Celestia’s DA economics/scalability(47:39) Paying for data/Grow The Pie costs, data as a public good(55:51) Block space utilisation (56:27) Grow The Pie’s labelling solution(1:01:59) Outro—Follow the guest:https://x.com/LehmannLorenzFollow the co-hosts:https://x.com/hildobby_https://x.com/0xBoxerhttps://x.com/sui414Follow the Indexed Podcast:https://twitter.com/indexed_pod—The Indexed Podcast discusses hot topics, trendy metrics and chart crimes in the crypto industry every 1st and 3rd Thursday of the month, brought to you by wizards @hildobby_ @0xBoxer @sui414.Subscribe/follow the show and leave a comment to help us grow the show!—DISCLAIMER: All information presented here should not be relied upon as legal, financial, investment, tax or even life advice. The views expressed in the podcast are not representative of hosts' employers views. We are acting independently of our respective professional roles.

Today the three of us are diving deep on $TRUMP! We discuss:- The US President launches a memecoin… (first reactions)  - Moonshot involvement/other partners/insider trading  - Chart review  - Website review, tokenomics, on-chain activity  - Moonshot cross-chain plans  - Solana stablecoin growth post-$TRUMP  - Solana’s liquidity dominance  - Trump administration: no US crypto capital gains tax  - Echo/private equity access  - What is Echo.xyz?- Ethereum FUD  And much more—enjoy!—Timestamps:(00:00) Introduction(00:55) The US President launches a memecoin…(first reactions)(05:40) Moonshot involvement/other partners/insider trading (10:08) Chart review (17:35) Website review, tokenomics, onchain activity(32:15) Moonshot cross chain plans(34:40) Solana stablecoin growth post-$TRUMP(42:02) Solana’s liquidity dominance (43:52) Trump administration: no US crypto capital gains tax (48:5) Echo/private equity access(53:39) What is Echo?(1:07:15) Ethereum FUD(1:10:29) Outro—The Indexed Podcast discusses hot topics, trendy metrics and chart crimes in the crypto industry every 1st and 3rd Thursday of the month - brought to you by wizards @hildobby_ @0xBoxer @sui414.Subscribe to our channel and leave a comment to help us make the pod better!Follow the Indexed Podcast on Twitter: https://twitter.com/indexed_pod—DISCLAIMER: All information presented here should not be relied upon as legal, financial, investment, tax or even life advice. The views expressed in the podcast are not representative of hosts' employers views. We are acting independently of our respective professional roles.

Today we’re joined by Chris and George, from https://tryghost.xyz/graphIn this episode we discuss: Solana MEV & sandwich attacksSolana MEV competition Liquidity provisions & lowering MEV impactValidatorsNovel attack strategies: CeFi/DeFi arb, liquidity snipping MEV: Ethereum vs Solana MEV mitigation tools Slippage indexing Ghost’s 2025 roadmap Parallel EVM visualizer What needs solving in 2025? And much more—enjoy!—Chapters:(00:00) Introduction(00:53) George & Chris’ background(05:22) Solana MEV & sandwich attacks(14:26) Solana MEV competition (19:13) Liquidity provisions & lowering MEV impact(22:47) Validators(24:12) Novel attack strategies: CeFi/DeFi arb, liquidity snipping (29:32) MEV: Ethereum vs Solana (39:07) MEV mitigation tools (41:10) Slippage indexing (43:05) Ghost’s 2025 focuses (46:05) Parallel EVM visualizer (52:10) Ghost’s 2025 roadmap (53:33) What needs solving in 2025?(59:34) Outro —The Indexed Podcast discusses hot topics, trendy metrics and chart crimes in the crypto industry every 1st and 3rd Thursday of the month - brought to you by wizards @hildobby_ @0xBoxer @sui414.Subscribe to our channel and leave a comment to help us make the pod better!Follow the Indexed Podcast on Twitter: https://twitter.com/indexed_pod—Follow Ghost here:https://x.com/0xGhostLogs—DISCLAIMER: All information presented here should not be relied upon as legal, financial, investment, tax or even life advice. The views expressed in the podcast are not representative of hosts' employers views. We are acting independently of our respective professional roles.

Today we’re joined by Nixo, Chief Nerd Wrangler at EthStaker. In this episode we discuss: * EthStaker * Why stake?* Beacon chain * ETH staking volume* Issuance sustainability/solo stakers* Professional node operators * Staked ETH landscape* Data labelling: rated network issues/solo stakers* Where to go from here* Coinbase validators/correlation penalties * Penalty rebalancing* Do we even need solo stakers?* Network vs hardware: onboarding solo staker issues * Solo stakes maintenance * Host diversity  And much more—enjoy!—Chapters:(00:00) Introduction(01:31) Nixo’s background (03:42) EthStaker (05:00) Why stake?(07:37) Timeline: Beacon chain (10:10) Macro: ETH staking(16:55) Issuance sustainability/solo stakers(20:41) Professional node operators (22:05) ETH staked breakdown(27:36) Data labelling: rated network issues/solo stakers(31:30) Where to go from here(38:56) Coinbase validators/correlation penalties (44:02) Penalty rebalancing effectiveness (46:58) other solo staker problems (50:38) Do we even need solo stakers?(59:25) Network vs hardware: onboarding solo staker issues (1:02:44) Solo stakes maintenance (1:06:31) Host diversity  (1:12:44) Outro—The Indexed Podcast discusses hot topics, trendy metrics and chart crimes in the crypto industry every 1st and 3rd Thursday of the month - brought to you by wizards @hildobby_ @0xBoxer @sui414.Subscribe to our channel and leave a comment to help us make the pod better!Follow the Indexed Podcast on Twitter: https://twitter.com/indexed_pod—Follow Nixo here:https://x.com/nixorokish—DISCLAIMER: All information presented here should not be relied upon as legal, financial, investment, tax or even life advice. The views expressed in the podcast are not representative of hosts' employers views. We are acting independently of our respective professional roles.

Today we’re joined by Bitwise Co-Founder & CTO, Hong Kim to discuss how Bitwise has built the world's largest crypto index fund and the future of crypto ETF's and institutional onboarding into crypto.In this episode we discuss: Bitwise metrics & early days ETF’s brand/transparency importance Crypto native branding ETFsBitwise’s customer profile  Bitwise reportWhat is a financial advisor?ETF performance: BTC vs ETHWirehouse/financial advisors relationshipsWealth transfers among demosBTC outperformanceBitcoin ETF BTC absorption risksETH ETF staking/restakingAnd much more—enjoy!—Chapters:(00:00) Introduction(01:25) Bitwise metrics & early days (09:20) ETF’s brand/transparency importance (16:31) Crypto native branding ETFs(20:39) Bitwise’s customer profile  (24:39) Bitwise report(29:43) What is a financial advisor?(32:08) ETF performance: BTC vs ETH(44:01) Wirehouse/financial advisors relationships(47:26) Wealth transfers among demos(48:43) BTC outperformance(50:36) Bitcoin ETF BTC absorption risks(59:52) ETH ETF staking/restaking(1:03:53) Outro—The Indexed Podcast discusses hot topics, trendy metrics and chart crimes in the crypto industry every 1st and 3rd Thursday of the month - brought to you by wizards @hildobby_ @0xBoxer @sui414.Subscribe to our channel and leave a comment to help us make the pod better!Follow the Indexed Podcast on Twitter: https://twitter.com/indexed_pod—Follow Hong Kim here:https://x.com/hongkim__—DISCLAIMER: All information presented here should not be relied upon as legal, financial, investment, tax or even life advice. The views expressed in the podcast are not representative of hosts' employers views. We are acting independently of our respective professional roles.