DeFi

In 2020, the " DeFi Summer" left people fascinated by the charm of Decentralized Finance, and also brought the Ethereum ecosystem to the forefront of crypto space. Let us show you here how to play with the DeFi "Money Legos".

Articles (1678)

How Does Solstice YieldVault Work? Understanding Institutional Yield Strategies
Beginner

How Does Solstice YieldVault Work? Understanding Institutional Yield Strategies

YieldVault is the core yield module in the Solstice protocol. Through Delta neutral strategies, perpetual contract funding rates, and an on-chain asset management model, it generates on-chain yield for users. The protocol establishes both spot and short positions, aiming to reduce directional market risk while capturing funding rate income from perpetual markets, then distributing that yield to holders of yield assets such as eUSX.
2026-05-27 03:44:07
What Is Solstice? A Complete Guide to Its Stablecoin, Yield Mechanism and Solana DeFi Ecosystem
Beginner

What Is Solstice? A Complete Guide to Its Stablecoin, Yield Mechanism and Solana DeFi Ecosystem

Solstice is a yield bearing stablecoin protocol built on the Solana network. Through the USX stablecoin, the eUSX yield asset, and the YieldVault yield module, it provides users with institutional grade on-chain yield products. Its core mechanism combines Delta neutral strategies, perpetual contract funding rates, and an on-chain reserve system, aiming to preserve stablecoin liquidity while creating a sustainable source of on-chain yield for users.
2026-05-27 03:39:43
What Is Jupiter USD? Understanding Jupiter’s Stablecoin Mechanism and Solana DeFi Use Cases
Beginner

What Is Jupiter USD? Understanding Jupiter’s Stablecoin Mechanism and Solana DeFi Use Cases

Jupiter USD is a stablecoin mechanism designed for the Solana DeFi ecosystem, intended to improve the efficiency of on-chain trading, liquidity aggregation, and asset settlement. As an important part of the Jupiter ecosystem, JUPUSD serves not only as a stable medium of value, but also works closely with Jupiter’s DEX aggregation system, liquidity routing, and DeFi protocols.
2026-05-27 03:24:02
What Is Citrea? Understanding Bitcoin ZK Rollups and the BTCFi Ecosystem
Beginner

What Is Citrea? Understanding Bitcoin ZK Rollups and the BTCFi Ecosystem

Citrea is a ZK Rollup network that uses Bitcoin as its data availability layer and settlement layer. Through BitVM and Type 2 zkEVM technology, it provides BTC with smart contract and BTCFi capabilities. Compared with traditional Bitcoin sidechains, Citrea places greater emphasis on a “Bitcoin native” architecture, aiming to let BTC support DeFi, stablecoins, lending, and on-chain financial applications without changing Bitcoin’s consensus rules.
2026-05-27 02:47:25
How Does the ctUSD Vault Work? Understanding Citrea’s Stablecoin Liquidity Model
Intermediate

How Does the ctUSD Vault Work? Understanding Citrea’s Stablecoin Liquidity Model

The ctUSD Vault is a core stablecoin liquidity module in Citrea’s BTCFi ecosystem. Through stablecoin deposits, on-chain asset allocation, and CTR incentives, it provides foundational liquidity support for the Bitcoin DeFi market. Its goal is to build a more stable on-chain capital flow system within a Bitcoin Layer2 environment.
2026-05-27 02:42:06
How Does Citrea’s ZK Rollup Work? Full Process Explained
Beginner

How Does Citrea’s ZK Rollup Work? Full Process Explained

Citrea uses zkEVM, zero knowledge proofs, or ZK Proofs, and BitVM to provide BTC with smart contract and BTCFi capabilities. Unlike traditional Bitcoin sidechains, Citrea places greater emphasis on a “Bitcoin native” architecture, aiming to bring final security back to the Bitcoin mainnet. Citrea’s Rollup process mainly includes five stages: transaction execution, state batching, ZK Proof generation, data submission, and Bitcoin verification. User transactions are first executed in Layer2 zkEVM. The system then generates state proofs and completes final verification and settlement through BitVM and Bitcoin.
2026-05-27 02:37:19
Citrea vs Stacks: What’s the Difference Between Two Bitcoin Layer2 Networks?
Beginner

Citrea vs Stacks: What’s the Difference Between Two Bitcoin Layer2 Networks?

Citrea and Stacks both fall under the Bitcoin Layer2 category, but they differ significantly in their underlying architecture and security mechanisms. Citrea uses ZK Rollup, BitVM, and Bitcoin Settlement to bring final state security back to Bitcoin, while Stacks uses an independent chain and PoX, or Proof of Transfer, to enable smart contract functionality through its own network.
2026-05-27 02:31:02
APRO vs Chainlink: What Are the Differences in Oracle Architecture and Mechanisms
Beginner

APRO vs Chainlink: What Are the Differences in Oracle Architecture and Mechanisms

APRO and Chainlink are both decentralized oracle networks, but they differ significantly in data architecture, validation mechanisms, node collaboration, and ecosystem direction.
2026-05-27 01:55:59
What Does the AT Token Do? Understanding APRO’s Incentive and Governance Model
Beginner

What Does the AT Token Do? Understanding APRO’s Incentive and Governance Model

The AT token is the core utility token of the APRO network. It is mainly used for node staking, data verification, governance voting, and reward distribution.
2026-05-27 01:49:50
What Is APRO (AT)? A Complete Guide to Its Oracle Architecture and Ecosystem
Beginner

What Is APRO (AT)? A Complete Guide to Its Oracle Architecture and Ecosystem

APRO (AT) is a decentralized oracle network built for multi-chain ecosystems. Its main purpose is to connect off-chain data, security verification, and cross-chain information transfer capabilities with blockchain applications. At its core, APRO is closer to an on-chain data coordination layer than a simple data delivery service.
2026-05-27 01:45:31
What Is MetaMask? A Complete Guide to the Wallet, Ecosystem, Linea, and MetaMask USD
Intermediate

What Is MetaMask? A Complete Guide to the Wallet, Ecosystem, Linea, and MetaMask USD

MetaMask is a self-custody wallet used to manage digital assets, connect to decentralized applications, or DApps, and access Web3 networks. It was originally built around the Ethereum ecosystem and has now expanded into multichain networks, Layer2, onchain payments, stablecoins, developer ecosystems, and more.
2026-05-26 02:55:20
What Is MetaMask USD? Understanding the Wallet-Native Stablecoin
Intermediate

What Is MetaMask USD? Understanding the Wallet-Native Stablecoin

MetaMask USD is a wallet-native stablecoin launched by MetaMask. It uses a 1:1 dollar peg and is backed by real world assets such as short-term U.S. Treasury bills. MUSD’s underlying issuance and settlement mechanisms are supported by Bridge and M0, and it can be used for onchain transfers, payments, swaps, and DeFi applications.
2026-05-26 02:50:28
How Does MetaMask Work? A Step-by-Step Breakdown of an On-Chain Transaction
Beginner

How Does MetaMask Work? A Step-by-Step Breakdown of an On-Chain Transaction

MetaMask is a self-custody wallet used to manage on-chain accounts, sign transactions, and connect to decentralized applications. When a user initiates a transaction, MetaMask uses the private key to create a digital signature and broadcasts the transaction to the blockchain network, where nodes verify it and include it in a block. The process involves account structure, Gas Fees, RPC nodes, on-chain confirmation, smart contract approvals, and several other key components.
2026-05-26 02:46:55
TradeXYZ vs Hyperliquid: What’s the Difference Between HIP-3 Builders and Native Perps Platforms?
Intermediate

TradeXYZ vs Hyperliquid: What’s the Difference Between HIP-3 Builders and Native Perps Platforms?

TradeXYZ and Hyperliquid are both part of the on-chain perpetual contract ecosystem, but they differ significantly in platform positioning and market structure. Hyperliquid is a native perpetual platform that provides the underlying order book and liquidity infrastructure, while TradeXYZ is a vertical asset trading market built on Hyperliquid HIP-3 Builder architecture.
2026-05-26 01:52:30
How Does TradeXYZ Enable 24/7 Trading for Stocks and Commodities?
Intermediate

How Does TradeXYZ Enable 24/7 Trading for Stocks and Commodities?

TradeXYZ is an on-chain perpetual trading platform built on the Hyperliquid HIP-3 Builder architecture. It allows users to trade stocks, commodities, indices, and crypto assets around the clock. Unlike traditional securities markets, TradeXYZ does not trade real stocks or commodities. Instead, it continuously maps external asset prices through on-chain perpetual markets, oracle prices, and funding rate mechanisms.
2026-05-26 01:48:46
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