But there are now big, big, big players in crypto. These are individuals or institutions that have “size,” or an amount of capital that can move markets or cause slippage depending on how they play. A few “crypto-native” names: Alameda Research, a trading outfit co-founded by crypto luminary Sam Bankman-Fried, hedge fund Three Arrows Capital and venture firm Andreessen Horowitz.
Juiced USDS Yields Woo Solana Traders to Sky’s Stablecoin
The heady growth is about as preordained as anything could be in DeFi. Sky is spending $2 million a month...