Markets
Funding: The Cost of Holding a Perp
A perpetual future has no expiry, so nothing forces its price to converge on spot. The funding rate is the mechanism that does that…
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Articles
Crypto fees, wallets and offers — checked against the terms page
Guides
2FA That Actually Protects You
Most crypto 2FA is set up once, in a hurry, and never examined again. That is a problem, because the difference between a second…
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Exchanges
Maker or Taker: The Decision That Costs Basis Points
Every order you send is either adding liquidity to the book or removing it, and the maker taker fee difference is the price the…
5 min
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DeFi
Composability Risk: When One Protocol Breaks Five
Composability risk is the risk that a position built from several protocols fails because of its weakest layer rather than its average. Each layer…
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Markets
Order Book Depth: Why Your Fill Is Worse Than the Price
The price on your screen is the best available price for a small trade, not the price your trade will actually get. Order book…
5 min
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DeFi
Impermanent Loss, With Actual Numbers
Impermanent loss is the gap between what a liquidity position is worth and what the same two assets would be worth if you had…
5 min
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Security
Lookalike Domains: How to Check Before You Sign
A phishing domain is a copy of an address you already trust, built to be clicked exactly once. It does not need to hold…
6 min
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Wallets
When a Hardware Wallet Dies: The Recovery Walkthrough
Hardware wallet recovery is not about repairing the device. It is about rebuilding the wallet somewhere else, because the device was never the wallet…
6 min
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Exchanges
Fee Tiers: Why Your Rate Is Not the Headline Rate
Your first fill on an exchange rarely settles at the rate printed on the marketing page. Exchange fee tiers are a ladder, and the…
5 min
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Exchanges
Why Withdrawal Fees Cost More Than Trading Fees
Most people comparing venues look at the maker and taker numbers and stop there. That is a mistake, because withdrawal fees are the line…
6 min
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