Your swap screen tells you a price, not what routing saved you
Every quote answers what your size costs. The harder question is what size fits a cost you name — and how much of it exists only because of splitting.
ReadStraight answers to the questions people actually ask us — what this costs, who can touch your money, and what a real strategy looks like once it is compiled. No prior DeFi required.
Every quote answers what your size costs. The harder question is what size fits a cost you name — and how much of it exists only because of splitting.
ReadIt is a different protocol with a different mental model. You no longer pick a lending market — you pick a spoke, and spokes cannot see each other.
ReadBorrowing against a range puts cash in your account. Adding leverage puts the borrowed money back into the range. Two operations, one important difference.
ReadA close that only executes if the price is inside a window you signed. Outside it, the transaction reverts rather than selling your position into a spike.
ReadA Uniswap range is an asset worth borrowing against. Two operations put one in a vault and lend you money, with the position left earning fees throughout.
ReadExiting a Uniswap position normally leaves you holding two tokens and no view. Four operations let you name the position you become instead.
ReadOn a leveraged Uniswap position, taking the fees you are owed needs a flash loan first. Not a quirk of ours — a consequence of what collateral means.
ReadOver 1,187 days covered by all four venues we hold, AsterDEX and Hyperliquid paid about double Binance and Bybit. Then the number that deflates it.
ReadA Uniswap range cannot be edited, only replaced. Under leverage that means clearing the debt to burn it, and re-establishing the debt on the new one.
ReadMigrating a leveraged position between Morpho, Aave v3 and Aave v4 builds no route, quotes no price and uses no slippage tolerance. Nothing is sold.
ReadFour rules our market history follows: never average two venues, never fill a gap, never keep two copies, and never include a series that lies about itself.
ReadMint the position, move it into the vault, borrow against it, put the proceeds back in. Two operations do it, and only one of them needs a flash loan.
ReadUniswap V3 normally wants both sides of the pair. One operation takes a single token and works the range out on-chain from where the price is.
ReadSplitting a Uniswap range used to happen at the geometric midpoint and nowhere else. Some ranges could not be split at all, and the failure said nothing.
ReadThree operations do nothing on purpose. They are instructions for a person, carried in the plan so a hedge sits in the right order beside what it protects.
ReadOne assumed parameter moves a hedging result by more than the gap between hedging and not hedging. We measured it instead, and it is not one number.
ReadA leveraged position's direction is a setting, not a thing you rebuild. Long, short or delta-neutral, changed inside one transaction.
ReadUniswap's fee switch is on. We read all 25 pools we track from the chain: the protocol takes a quarter of the low tiers and a sixth of the 0.3%.
ReadCollateral sitting at Aave earns the supply rate and nothing else. Two operations move it into a leveraged Uniswap range without you ever holding it.
ReadA signed transaction feels final. But a signature proves who approved something valid — not that the exact thing executing is the thing they approved. Here is what DeFiLoops puts in that gap: a content receipt, and a simulation that judges what a transaction actually does.
ReadA Gnosis Safe lost 7.8 million dollars in restaked ETH — not because the Safe was broken, but because an enabled module let a passing keeper point it at an attacker's own pool. The class is old. The lesson is where you let a target come from.
ReadIt has no single answer: two venues on the same asset and chain routinely differ by a point. What sets the rate you pay, and the trap that costs more.
ReadNo exploit and no stolen key, just a message the model agreed to act on. Prompt injection is not a bug you patch, so what can a persuaded model express?
ReadOver half of Uniswap v3 positions finish behind once impermanent loss is counted. The advertised APY cannot tell you that. Here is the number that can.
ReadA fair question before buying a share of a building. What sits behind the token, why the register is a name and not an address, and how rent reaches you.
ReadReal requests, typed by real people, typos included. What each one compiled to, which needed a second attempt, and where the answer surprised them.
ReadThe second most common question people type, and one where a straight answer beats an enthusiastic one. It does not make money. It executes strategies.
ReadRevocation is the feature you hope never to use and should test on day one. How it works, why the agent appointment is one-way, and what stop means.
ReadA key grants unlimited authority, and every limit on top is software. An appointment can be withdrawn; a copied key cannot be un-copied.
ReadA wallet an AI agent can spend from without asking you each time. The whole design question is what stops it, and the answers differ.
ReadHedging is asked for more than almost anything. Priced at every strike, spend and tenor, it lost in every single configuration tested.
ReadBreaking an order into pieces only helps if the market refills between them. Sent back to back, it lands in exactly the same place.
ReadMost plans span more than one chain without mentioning it. Two constraints shape every one, and both surprise people.
ReadThe closest thing to a competitor we have, and on most measures it is ahead. Here is what each is actually built for, with the numbers.
ReadEvery one of them enforces spending limits. They differ in where the enforcement sits, and that decides what happens when the operator is wrong.
ReadThe failure modes with evidence behind them, separated from the ones that only have a statistic. One widely quoted figure does not survive.
ReadDeposit into a strategy, or keep the assets and grant a bounded permission. Both are called non-custodial. Only one leaves you holding the position.
ReadThe health factor it has to hold, the fees at every hop, the places it can fail, and the three things that make this plan harder than it looks.
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