Bell Curve

In this episode, Pascal Gauthier, CEO of Ledger, joins us live at DAS 2025 to discuss the future of institutional crypto custody, the tension between decentralization and regulation, and why privacy is the key issue for the next era of digital finance. Thanks for tuning in! -- Missed DAS? Join us from June 24th-June 26th at Permissionless IV! Use Code BELL10 at checkout for 10% off! Tickets: https...

In this episode, we explore the evolution of blockchain and smart contract platforms over the past 15 years with Yves La Rose, CEO of the EOS Network Foundation. The discussion covers EOS's transformation into Volta, the rise of institutional capital in crypto, Bitcoin scaling solutions, and the competitive landscape among L1 blockchains. Yves also shares insights on regulatory positioning, transa...

In this episode, we explore the transition from institutional resistance to adoption in crypto markets. David Mercer of LMAX Group discusses the convergence of TradFi and digital assets, the role of credit in unlocking institutional capital, and the need for clearer market structures. Thanks for tuning in! -- Aries Markets is the largest lending protocol on Aptos by TVL, and among the top 10 lendi...

Gm! This week Mike joins the Empire podcast to discuss our takeaways from DAS New York 2025. We deep dive into the growth of stablecoins & RWAs, what the institutions are focusing on, the future of crypto exchanges, who is best positioned going into 2025 & much more. Enjoy! -- Follow Mike: https://x.com/MikeIppolito_ Follow Jason: https://twitter.com/JasonYanowitz Follow Empire: https://twitter.co...

We’re coming to you live from DAS! This week's Roundup covers key trends in stablecoins, and RWAs. We discuss Sky’s billion-dollar allocation into tokenized T-bills, its aggressive buyback strategy, and the evolving stablecoin market. The conversation also touches on institutional vs. retail sentiment, the impact of stablecoin yield mechanisms, and the potential for onchain treasury auctions in th...

In this episode, we dive into L1 governance! We discuss the implications of SIMD-228, validator voting structures, and comparisons with Ethereum, Cosmos, and Bitcoin governance. We debate whether decentralization inherently leads to better decision-making, and analyze the role of foundations, token holders, and validators in shaping networks. Finally, we ask ourselves - why should anyone hold L1 t...

In this episode, we cover Trump's tariff strategy, correlations between TradFi and DeFi yields, and stablecoin growth. We also discuss Binance's $2B investment from Abu Dhabi’s MGX, and the implications of Trump's Digital Asset Summit. Additionally, we explore the changing psychology of crypto cycles, the challenges of building in bear markets, and the importance of regulatory advocacy for DeFi. ...

In this episode, we’re joined by Joshua Tobkin, co-founder and CEO of Supra, to discuss Supra’s vertically integrated design, which combines smart contracts, native oracles, cross-chain communication, on-chain randomness, and native automation. The conversation also covers automation as a revenue model, MEV mitigation strategies, and the platform’s incentive structures for app developers. Thanks f...

In this episode, we discuss our takeaways from ETHDenver, macro trends impacting crypto, and the role of regulation in shaping 2025. We also analyze Aave’s buyback program, Ethereum Foundation leadership changes, and the Trump administration’s evolving stance on crypto. Thanks for tuning in! Resources Aavenomics Implementation: Part One: https://x.com/lemiscate/status/1896897365145235752 — Aries M...

Subscribe to Supply Shock on Apple: https://apple.co/3DjQFQf Subscribe to Supply Shock on Spotify: https://spoti.fi/3QJXoWL Subscribe to Supply Shock on YouTube: https://bit.ly/4bA10o4 -- In this episode, Dennis Porter of Satoshi Action Fund joins the show to discuss Trump's crypto reserve announcement, the states fighting to become the first to buy Bitcoin, and the legislative goals of the Trump...

In this episode, the Roundup crew got together to record at ETHDenver! They dive into current market sentiment, and the impact of major institutions like Citadel and Bank of America entering the space. The conversation covers the resurgence of fundamentals, the role of buybacks, and the potential trillion-dollar future of stablecoins. They also break down the Bybit hack, Lazarus Group’s involvemen...

In this episode, we’re joined by Proph3t from MetaDAO to discuss the concept of futarchy! We dive into what it is, addressing manipulation concerns, and how to attract liquidity. We also discuss the line between prediction markets and futarchy, historical criticism of futarchy, and where it intersects with crypto. Finally, we end the episode by unpacking MetaDAOs mission and where they are headed....

In this episode, we’re joined by Berachain Co-founder Smokey to discuss all things Berachain. We dive into Berachain's dual token model, reflexivity in the Berachain ecosystem, and HONEY’s role on Berachain. We also unpacked the idea of Founder Mode, and Berachain’s BD methods. Finally, we asked Smokey what’s next for Berachain? Thanks for tuning in! -- Aries Markets is the largest lending protoco...

In this week's roundup, the Roundup crew discusses the launch of Unichain, Succinct’s Prover Network testnet, and the economics of being a prover. Additionally, they “A Crisis of Trust”, and how ZKPs can be applied outside of crypto. Finally, they end the episode with discussion on BOLD and fault proofs. Enjoy! -- Resources Succinct’s Prover Network Testnet Announcement: https://x.com/SuccinctLabs...

In this episode, we’re joined by Jesse Walden and Austin Adams to discuss the DEX landscape today, vertical integration in DeFi, and DEX market share growth. We also dove into Doppler’s design, and why it’s being launched as a Uniswap v4 hook. Finally, we talked about Pure Markets, DEX design trends, and progressive decentralization. Thanks for tuning in! Resources Doppler Announcement: https://x....

In this episode, we’re joined by Konstatin Lomashuk and Hasu to discuss Lido v3! We covered liquid staking today, Lido v3’s marketplace model, and the fungibility of stETH. We also unpacked what institutional stakers need, and how Lido v3 makes it possible. Finally, we discussed how Lido is approaching BD, and structured products. Thanks for tuning in! -- Resources Lido v3 Announcement: https://x....

In this episode, Mippo and Vance discuss the recent market volatility, the Sky ecosystem, and MicroStrategy’s rebrand. They also discuss crypto onboarding, the launch of Berachain, and Tether’s dominance in the stablecoin sector. Thanks for tuning in! -- Resources Sky Ecosystem Dashboard: https://info.sky.money/ DeFi Yield Sources with Guy Young & Sam MacPherson: https://youtu.be/fVCvqZxdmik Marti...

This week, we discuss crypto's liquidation event over the weekend and how to trade the upcoming week. We deep dive into the weak performance of altcoins, Bitcoin's role in a multipolar world, shorting in this market environment & more. Enjoy! -- Go follow the new 1000x feed to keep up to date with all new episodes! Spotify: https://blckwrks.co/3WADHnL Apple: https://blckwrks.co/4aEt5u0 -- Follow A...

In this episode, we’re joined by Austin Adams, Jim Parillo, and Myles O’Neil to discuss PumpFun, the enduring memecoin phenomenon, and DEX models! They also cover capital formation, publisher exchanges, and deriving value for content creators. Thanks for tuning in! -- Resources Bell Curve Season 6: https://youtube.com/playlist?list=PL6TA5PBj6svs5C6FtG4VMUG7dKmIv0TSN&feature=shared The Solana Thesi...

In this episode, Michael and Mippo discuss DeepSeek’s impact on the markets, the crypto x AI narrative, and the dispersion of returns in this cycle. They also discuss DEX market share growth, and the launch of the JellyJelly token. Finally, they end the episode by giving their thoughts on Jerome Powell’s recent comments, and how banks are positioned to give loans against crypto. Thanks for tuning...

In this episode, Guy Young and Sam MacPherson joined us to discuss the sources of yield in DeFi! We covered the current yield sources today, how these change across cycles, and the growth of RWAs. Additionally, we unpacked the stablecoin market today, the market share of yield-bearing stablecoins, and the relationship between Ethena and Spark. Finally, we discussed American DeFi, and Ethena’s road...

This week's roundup covers Trump token phenomenon and its implications for blockchain infrastructure, including analysis of Solana's performance under stress and its competition with Ethereum's rollup ecosystem. We then explore Ethereum Foundation's cultural challenges and potential reforms, including the possibility of a second foundation. To close out we examine new Layer 1 developments emerging...

In this episode, Jim Parillo from Figment Capital, and Myles O’Neil from Delta, joined us to discuss positioning your product for success in crypto. We dive into the relative valuation game, the impact of token economics, and incentivization of users. Additionally, we unpack the phases of growth seen along the way, and identifying your users at each phase. Finally, we reflect on lessons learned fr...

In this episode, we discuss Trumps’ “Crypto Ball”, the Bitcoin strategic reserve, and inflation fears. We also cover the idea of four year cycles in crypto, and why they might not continue. Additionally, we unpack Berachain’s “Proof of Liquidity” mechanism. Finally, we close the episode with discussion on Ethereum’s staking decline. Thanks for tuning in! -- Resources Joseph Wang on Tariffs: https:...

In this episode, we’re joined by Felipe from Theia to discuss his recent thesis piece, “Internet Finance”. We cover his thoughts on global property rights, and how crypto rails can truly make capital a globally competitive market. Additionally, we discuss fundamental based investing, returning capital to token holders, and developing a moat in crypto. Finally, we discuss dead capital in DeFi. Than...