DEX in the City: Why the Market Structure Bill May Not Be Good for DeFi
Unchained15 Jan

DEX in the City: Why the Market Structure Bill May Not Be Good for DeFi

Thank you to our sponsor, Mantle! After months of anticipation, U.S. Senators have unveiled draft crypto market structure legislation. In this episode of DEX in the City, hosts Jessi Brooks, Katherine Kirkpatrick Bos and Vy Le are joined by Blockchain Association CEO and former CFTC Commissioner Summer Mersinger to unpack all the provisions that stand out. These include the bill's attempt to draw a line between centralized and decentralized platforms, the amended stance on stablecoin yield and exemptions for assets with ETFs. Would the bill “sweep up all of DeFi?” Has crypto lost the fight over stablecoin yield? And is Trump playing interference for crypto? Hosts: Jessi Brooks Katherine Kirkpatrick Bos TuongVy Le Guests: Summer Mersinger, CEO Blockchain Association Links: Tether Freezes $182 Million in USDT on Tron Senators Move to Curb Passive Stablecoin Yields in Market Structure Push How the Crypto Market Structure Law Would Expose that Trump’s WLFI Isn’t DeFi Jessi and Katherine's paper on programmable risk management Learn more about your ad choices. Visit megaphone.fm/adchoices

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The Chopping Block: Web3 Dies, L1 Valuations Clash & Crypto Burnout - Ep. 977

The Chopping Block: Web3 Dies, L1 Valuations Clash & Crypto Burnout - Ep. 977

Welcome to The Chopping Block — where crypto insiders Haseeb Qureshi, Tom Schmidt, Tarun Chitra, and Robert Leshner chop it up about the latest in crypto. This episode starts with Farcaster’s pivot an...

11 Dec 202554min

Will Bitcoin's New Phase Change It Forever? And Is the 4-Year Cycle Dead? - Ep. 974

Will Bitcoin's New Phase Change It Forever? And Is the 4-Year Cycle Dead? - Ep. 974

The crypto sector has celebrated a lot of policy wins in 2025, but price wise, it has arguably been a year to forget. In this episode of Unchained, Bitwise Head of Research Ryan Rasmussen and Arca Po...

10 Dec 20251h 3min

Bits + Bips: Why TradFi Knows It Needs Crypto More Than Ever to Stay Relevant - Ep. 973

Bits + Bips: Why TradFi Knows It Needs Crypto More Than Ever to Stay Relevant - Ep. 973

Thank you to our sponsors! Uniswap Mantle Hosts Ram Ahluwalia, Austin Campbell, and Chris Perkins dig into why interest rates may not fall as quickly as markets hope, why oil demand cou...

9 Dec 20251h

Bits + Bips:  How Stocks May Decouple From Bitcoin—and Why TradFi Should Love a HYPE DAT - Ep. 972

Bits + Bips: How Stocks May Decouple From Bitcoin—and Why TradFi Should Love a HYPE DAT - Ep. 972

In this special double-feature episode of Bits + Bips, Unchained executive editor Steve Ehrlich brings listeners two of the clearest investor perspectives on where the crypto markets may be headed nex...

5 Dec 20251h 25min

Is Strategy's Model Unraveling? What is Driving the Recent Rout and Where It Can Go From Here - Ep. 971

Is Strategy's Model Unraveling? What is Driving the Recent Rout and Where It Can Go From Here - Ep. 971

Michael Saylor's Strategy has not had the year it hoped for. Amid an explosion of copycats and Bitcoin price weakness, the company has seen its valuation and so-called mNAV crash. In this special epi...

5 Dec 202549min

Uneasy Money: Did Solana Dapp Kamino Break the Golden Rule of DeFi? - Ep. 970

Uneasy Money: Did Solana Dapp Kamino Break the Golden Rule of DeFi? - Ep. 970

Thank you to our Sponsor, Uniswap! Ethereum Fusaka is live, Infinex has embarked on its token sale, Hyperliquid is bolstering its HIP-3 markets and there is drama in Solana’s DeFi land. In this epis...

4 Dec 202559min

The Chopping Block: Token Launch Hype, L1 Wars & Prediction Market Breakouts - Ep. 969

The Chopping Block: Token Launch Hype, L1 Wars & Prediction Market Breakouts - Ep. 969

Welcome to The Chopping Block — where Haseeb Qureshi, Tom Schmidt, Tarun Chitra, and Robert Leshner cover crypto’s biggest moments. This week we’re joined by Kevin from the Monad Foundation as we dig ...

4 Dec 20251h 3min

Cheaper Fees and No More Free Lunch for Layer 2s? Inside Ethereum's Fusaka Upgrade - Ep. 966

Cheaper Fees and No More Free Lunch for Layer 2s? Inside Ethereum's Fusaka Upgrade - Ep. 966

Ethereum for the first time ever has rolled out a second major upgrade within a year. Fusaka has gone live less than six months after Pectra. In this Unchained podcast episode, Offchain Labs Prysm Te...

3 Dec 202551min

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