Wyatt & Jake Lynch on Onchain Financial Markets (EP.695) — On The Brink with Castle Island

Listen in the Podli app 🎧

Follow your favourite podcasts, listen offline and in the car with CarPlay and Android Auto, and always pick up where you left off. Free to try.

Wyatt, Henry, and Jake recently put out a report called "Total Value Lost", exploring how best to assess the value of various DeFi markets - starting with lending markets. This episode is a continuation of that conversation, exploring what carries value in DeFi going forward, particularly on the back of a shaky market period. This discussion covers:

Where does the recent, ongoing market selloff leave us?
What metrics matter for onchain markets?
What market dynamics contributed to the October 10 washout?
How does leverage manifest in onchain markets, and what does it look like today?
How do you assess the value of illiquid cryptoassets?
What drives revenue multiples.
Which protocols will benefit from the tokenization of other asset classes, and which will struggle?
How do the individual behaviors and incentives of investment funds contribute to crypto market volatility?