• Market Cap: $2,458,884,731,176.64
  • 24h Vol: $87,840,160,572.96
  • BTC Dominance: 51.20%
Generating profit: How do DeFi projects make money?

Generating profit: How do DeFi projects make money?

– This week’s episode of Cointelegraph’s Market Talks features Alvin Xu, the co-founder and CEO of Maverick Protocol, discussing decentralized finance (DeFi) infrastructure.

– Xu shares insights from the Ethereum Community Conference in Paris and discusses the issue of capital shift in DeFi.

– He explains how his protocol plans to create sustainable products in a market driven by yield chasing and airdrops.

– The episode explores the source of yield in DeFi and Xu’s views on the Ethereum liquid staking derivatives market.

– Xu highlights the differences between Maverick Protocol and other DeFi platforms, as well as the distinctions between DeFi and centralized finance.

– He also shares his macro perspective on the crypto market in 2023 and whether he believes the bull market has already begun.

– Market Talks airs every Thursday, featuring interviews with influential individuals from the crypto and blockchain industry. Viewers are encouraged to subscribe to the Cointelegraph Markets & Research YouTube page for future videos and updates.