The Edge Podcast

Mathieu Baril is the CoFounder and CEO of Octav Labs.

How does someone who tests new protocols daily as part of his job actually invest onchain? In this episode, Mathieu shares all the his latest strategies onchain, including how he hedges Uniswap LPs with options, why tokenized stocks and Robinhood Chain caught his attention, how he uses LP fees to take profit, and the tokens he’s holding and watching.

Hear from one of the most advanced DeFi investors in the game!

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💎 THIS EPISODE'S SPONSORS

🔒 KPK | Best risk-adjusted yield through automated vaults

🏦 AXIS | The Origin Vault launched on Ethereum

🟠 APYX | The first dividend-backed stablecoin (DBS)

♾️ INFINIT | Institutional-grade trading vaults, built onchain

🐡 PUFFER INSTITUTIONAL | ETH staking solutions for scale

💰 SAFFRON FINANCE | A fixed yield layer built on Uniswap

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⏱️ TIMESTAMPS

0:00 - Intro
2:11 - From Bitcoin mining to DeFi Summer
6:34 - How Octav offers early signal on new protocols
8:53 - What new DeFi is most exciting right now?
16:41 - How Mathieu earned huge LP returns on Robinhood Chain
20:57 - The impressive thing about Robinhood using USDG
22:32 - How to hedge Uniswap LP positions with options
27:02 - Why Mathieu reallocated from Base to Robinhood Chain
28:13 - Hyperliquid, Kinetiq, and why Elysium is interesting
32:19 - Mathieu’s ideas for managing longs over the next 12 months
40:23 - Are crypto FDV multiples out of line with TradFi?
42:22 - Why ETH is a store of value, plus his top 3 liquid positions
46:46 - Mathieu’s shopping list: VVV, DIME, and other options tokens
48:36 - Mathieu’s DIME/Paradex bull thesis explained
52:38 - What is Tacticalls? A social copy trading platform for options
57:06 - Screenshare demo of Tacticalls
1:03:13 - Octav demo: Tracking any wallet with AI insights
1:11:00 - Closing

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🔗 GUEST LINKS

► Octav website: https://octav.fi/
► Octav on X: https://x.com/OctavFi
► Tacticalls website: https://tacticalls.xyz/
► Tacticalls on X: https://x.com/tacticallsxyz
► Mathieu on X: https://x.com/mbaril010

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🎙️ MORE FROM THE EDGE PODCAST AND EDGE NEWSLETTER

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► Apple: https://tinyurl.com/edgepod
► Spotify: https://tinyurl.com/edgepodspotify
► Linktree: https://linktr.ee/edge_pod
► Follow DeFi Dad: https://x.com/DeFi_Dad
► Follow Nomatic: https://x.com/Nomaticcap
► Learn DeFi: http://defidad.com/

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DISCLAIMER: Nothing said on The Edge Podcast is a recommendation to buy or sell tokens or securities. This content is for educational and entertainment purposes only. Nothing shared here is financial advice. Any views expressed by hosts or guests on the show are solely their opinions. Always do your own research. DeFi Dad, Nomatic, and guests may have positions in the assets or other matters discussed in this podcast.

Sudo is the Project Lead and Zaki Manian is Head of Engineering at Sovright, which builds critical infrastructure for Zcash.

Just a few years ago, Zcash was almost dead. The treasury was tight, the team was shrinking, and the wallet was nearly unusable. Now the price is up 30x-40x since 2024, Bitcoiners are buying, and the team says they're just getting started.

In this episode, Zaki and Sudo walk through the full comeback story including the breakthrough with better wallets like Zodl, the unlock for ZEC DeFi with NEAR intents, the existential Orchard pool bug this year, quantum safety, and why they believe now is like Bitcoin in 2016.

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💎 THIS EPISODE'S SPONSORS

🔒 KPK | Best risk-adjusted yield through automated vaults

🏦 AXIS | The Origin Vault launched on Ethereum

🟠 APYX | The first dividend-backed stablecoin (DBS)

♾️ INFINIT | Institutional-grade trading vaults, built onchain

🐡 PUFFER INSTITUTIONAL | ETH staking solutions for scale

💰 SAFFRON FINANCE | A fixed yield layer built on Uniswap

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⏱️ TIMESTAMPS

0:00 - Intro
2:46 - Zaki and Sudo’s background
7:04 - What drew Zaki and Sudo to Zcash full time
12:52 - What triggered the price run for ZEC
19:02 - Two phases of Zcash’s redemption arc
22:04 - Why Zcash is special vs other blockchains
25:10 - What the Tor/IP privacy toggle in Zodl does
29:40 - How to buy ZEC privately
32:55 - The Orchard pool vulnerability explained
43:09 - Would shielded ZEC in Zodl be safe in a PQ-world?
45:19 - Could more minted ZEC be hiding in the Orchard pool?
48:17 - The ecosystem map for Zcash
51:32 - Cypherpunk’s role (CYPH) and profitability of mining ZEC
54:50 - Proof of work vs proof of stake debate in Zcash
57:09 - How Zcash governance actually works
1:03:54 - What is Sovright building for Zcash?
1:08:37 - What DeFi might be possible for Zcash in the future?
1:13:57 - Why Zcash is the "middle thing" between Bitcoin and experimental chains
1:17:03 - Closing

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🔗 GUEST LINKS

► Sovright website: https://sovright.com/
► Zodl wallet website:https://zodl.com/
► Sovright on X: https://x.com/sovright_
► Sudo on X: https://x.com/sudo_ml
► Zaki on X: https://x.com/zmanian

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🎙️ MORE FROM THE EDGE PODCAST AND EDGE NEWSLETTER

► Newsletter: https://the-edge.xyz
► Apple: https://tinyurl.com/edgepod
► Spotify: https://tinyurl.com/edgepodspotify
► Linktree: https://linktr.ee/edge_pod
► Follow DeFi Dad: https://x.com/DeFi_Dad
► Follow Nomatic: https://x.com/Nomaticcap
► Learn DeFi: http://defidad.com/

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DISCLAIMER: Nothing said on The Edge Podcast is a recommendation to buy or sell tokens or securities. This content is for educational and entertainment purposes only. Nothing shared here is financial advice. Any views expressed by hosts or guests on the show are solely their opinions. Always do your own research. DeFi Dad, Nomatic, and guests may have positions in the assets or other matters discussed in this podcast.

Alan is a privacy researcher and long-time contributor to Railgun.

Every DeFi transaction you make is fully public. But Railgun is building the incognito mode for Ethereum. How does it actually work, and how does it compare to Zcash? Can we really access private DeFi with any shielded asset on Ethereum? What we learned will surprise you.

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💎 THIS EPISODE'S SPONSORS

🔒 KPK | Best risk-adjusted yield through automated vaults

🏦 AXIS | The Origin Vault launched on Ethereum

🟠 APYX | The first dividend-backed stablecoin (DBS)

🐡 PUFFER INSTITUTIONAL | ETH staking solutions for scale

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⏱️ TIMESTAMPS

0:00 - Intro
1:55 - Why privacy matters
4:18 - What is Railgun?
5:50 - How to do a private swap on Ethereum with Railgun
9:42 - Railgun is like a privacy safe, but not a mixer
12:47 - Common uses of Railgun
16:50 - Privacy limitations: the privacy set problem explained
20:00 - Is Railgun similar to an L2?
23:48 - The balancing act of unstoppable access
25:49 - Railgun vs Zcash differences explained
30:47 - Which apps can I use for private DeFi with Railgun?
33:25 - Wallet-level privacy vs application-level privacy
41:41 - Railgun’s relationship working with the Ethereum Foundation
47:43 - Will privacy become a default setting or an option?
52:16 - The RAIL token: staking, governance, and yield
54:32 - Closing

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🔗 GUEST LINKS

► Railgun website: https://railgun.org/
► Railgun on X: https://x.com/RAILGUN_Project
► Anon Inc wallet: https://anon.inc/
► Railgun on X: https://x.com/tsu_kareta

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🎙️ MORE FROM THE EDGE PODCAST AND EDGE NEWSLETTER

► Newsletter: https://the-edge.xyz
► Apple: https://tinyurl.com/edgepod
► Spotify: https://tinyurl.com/edgepodspotify
► Linktree: https://linktr.ee/edge_pod
► Follow DeFi Dad: https://x.com/DeFi_Dad
► Follow Nomatic: https://x.com/Nomaticcap
► Learn DeFi: http://defidad.com/

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DISCLAIMER: Nothing said on The Edge Podcast is a recommendation to buy or sell tokens or securities. This content is for educational and entertainment purposes only. Nothing shared here is financial advice. Any views expressed by hosts or guests on the show are solely their opinions. Always do your own research. DeFi Dad, Nomatic, and guests may have positions in the assets or other matters discussed in this podcast.

Kyle is an investor and now Senior Research Analyst at DefiLlama.

Fundamentals are finally winning in crypto. But which sectors, which tokens, and why now?

In this episode of The Thesis, Kyle walks through his complete framework for investing this cycle, including his highest conviction bets such as Venice (VVV). He also shares his take on DATs, inference capital markets, and why liquid investors are more spoiled for choice right now than at any point in the last four years.

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💎 THIS EPISODE'S SPONSORS

🔒 KPK | Best risk-adjusted yield through automated vaults

🏦 AXIS | The Origin Vault launched on Ethereum

🟠 APYX | The first dividend-backed stablecoin (DBS)

🐡 PUFFER INSTITUTIONAL | ETH staking solutions for scale

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⏱️ TIMESTAMPS

0:00 - Intro
2:22 - Background at DeFiance Capital
4:57 - Moving from memes to fundamentals
11:53 - Why memecoins eventually led people back to fundamentals
22:19 - The StablecoinX Ethena DAT trade, on NASDAQ
25:04 - Why altcoin DATs are more interesting than MicroStrategy
27:29 - DeFi yield for public markets
30:53 - When investing, the founder is all that matters
38:30 - Investing in inference capital markets
44:50 - Why Venice (VVV) is the cleanest long on inference demand
50:13 - Kyle’s degen bet on AI inference with Orbio
53:21 - Ranking Kyle’s investments by sector
1:02:44 - Up-and-coming tokens according to Kyle
1:05:13 - Kyle’s thoughts on October and is market bottom in?
1:10:45 - Closing

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🔗 GUEST LINKS

► Kyle on X: https://x.com/zeroxkyle
► DefiLlama Research website: https://defillama.com/research

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🎙️ MORE FROM THE EDGE PODCAST AND EDGE NEWSLETTER

► Newsletter: https://the-edge.xyz
► Apple: https://tinyurl.com/edgepod
► Spotify: https://tinyurl.com/edgepodspotify
► Linktree: https://linktr.ee/edge_pod
► Follow DeFi Dad: https://x.com/DeFi_Dad
► Follow Nomatic: https://x.com/Nomaticcap
► Learn DeFi: http://defidad.com/

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DISCLAIMER: Nothing said on The Edge Podcast is a recommendation to buy or sell tokens or securities. This content is for educational and entertainment purposes only. Nothing shared here is financial advice. Any views expressed by hosts or guests on the show are solely their opinions. Always do your own research. DeFi Dad, Nomatic, and guests may have positions in the assets or other matters discussed in this podcast.

Lito is the Head of Growth at Ethena Pay.

Is it time to buy ENA? What is Ethena Pay and how does it compete as a DeFi neobank? What is the equity basis trade and why does it matter for USDe yield? What just happened with early ENA investor buyouts and VC unlocks?

Reputable DeFi investor and builder Lito, now leading growth at Ethena Pay, answers all this and more about why Ethena is thriving in its second bull run and why it's so well positioned to challenge Circle and Tether's dominance in the stablecoin market.

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💎 THIS EPISODE'S SPONSORS

🔒 KPK | Best risk-adjusted yield through automated vaults

🏦 AXIS | The Origin Vault launched on Ethereum

🟠 APYX | The first dividend-backed stablecoin (DBS)

🐡 PUFFER INSTITUTIONAL | ETH staking solutions for scale

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⏱️ TIMESTAMPS

0:00 - Intro
2:33 - Lito’s background in DeFi
10:45 - What is Ethena Pay?
14:14 - Ethena Pay’s edge as a neobank and stablecoin issuer
19:45 - The mobile app breakthrough for DeFi
25:05 - Competing in the DeFi neobank sector
29:41 - What is Ethena’s new equity basis trade?
34:18 - What other strategies underpin sUSDe yield?
36:56 - ENA token cleanup: buyouts, equity, buybacks, unlocks
40:23 - StablecoinX, the ENA DAT
42:47 - What’s next at Ethena?
45:23 - Ethena Pay's key features and expected launch in US
50:26 - Closing

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🔗 GUEST LINKS

► Ethena Pay website: https://pay.ethena.fi/
► Ethena Pay on X: https://x.com/ethenapay
► Lito on X: https://x.com/litocoen

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🎙️ MORE FROM THE EDGE PODCAST AND EDGE NEWSLETTER

► Newsletter: https://the-edge.xyz
► Apple: https://tinyurl.com/edgepod
► Spotify: https://tinyurl.com/edgepodspotify
► Linktree: https://linktr.ee/edge_pod
► Follow DeFi Dad: https://x.com/DeFi_Dad
► Follow Nomatic: https://x.com/Nomaticcap
► Learn DeFi: http://defidad.com/

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DISCLAIMER: Nothing said on The Edge Podcast is a recommendation to buy or sell tokens or securities. This content is for educational and entertainment purposes only. Nothing shared here is financial advice. Any views expressed by hosts or guests on the show are solely their opinions. Always do your own research. DeFi Dad, Nomatic, and guests may have positions in the assets or other matters discussed in this podcast. DeFi Dad and Nomatic hold ENA.

Chris Kim is the CoFounder and CEO of Axis.

Most of the volume happening in crypto still isn't visible onchain. It's a growing volume from fintechs, neobanks, CEXs, and remittance platforms bridging services between stablecoins, fiat, and tokenized assets behind the scenes, working with OTC desks for liquidity they can't source on their own.

In this DeFi Frontier episode, Chris explains how Axis Prime is building the "balance sheet as a service" layer that powers these conversions, similar to Citadel Securities for the tokenized era. He explains how DeFi capital formation through USDx feeds Axis Prime's institutional arbitrage strategies, why the yield is real and where it comes from, and why this new wave of tokenization promises a much larger TAM for years to come.

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💎 THIS EPISODE'S SPONSORS

🔒 KPK | Best risk-adjusted yield through automated vaults

🟠 APYX | The first dividend-backed stablecoin (DBS)

🐡 PUFFER INSTITUTIONAL | ETH staking solutions for scale

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⏱️ TIMESTAMPS

0:00 - Intro
1:33 - From trading commodities to cryptoasset arbitrage
5:37 - What is Axis Prime?
6:30 - Why do neobanks and fintechs need Axis Prime?
8:39 - Balance sheet as a service
10:18 - Betting on neobanks and fintech adopting stablecoins
13:40 - Opportunity to serve fiat x crypto conversions
16:14 - Axis’s first six-figure OTC trade for a leading CEX
17:25 - Why Axis Prime benefits from the Origin Vault and sUSDx
19:36 - USDx, sUSDx, and the Origin Vault
21:07 - Axis yields over last 30 days
22:55 - Where does sUSDx yield come from?
23:52 - Global onchain capital formation + service to licensed fintechs
24:47 - Challenge of trust + transparency with actively managed yield
26:34 - How do you earn the trust of DeFi lenders?
29:32 - Has the market bottomed and bull run begun?
31:08 - Could Axis earn from the Robinhood mania?
34:04 - Closing

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🔗 GUEST LINKS

► Axis website: https://axis.to/
► Axis Prime website: https://axis.to/prime
► Axis on X: https://x.com/AxisFDN
► Chris Kim on X: https://x.com/bidorder

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🎙️ MORE FROM THE EDGE PODCAST AND EDGE NEWSLETTER

► Newsletter: https://the-edge.xyz
► Apple: https://tinyurl.com/edgepod
► Spotify: https://tinyurl.com/edgepodspotify
► Linktree: https://linktr.ee/edge_pod
► Follow DeFi Dad: https://x.com/DeFi_Dad
► Follow Nomatic: https://x.com/Nomaticcap
► Learn DeFi: http://defidad.com/

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DISCLAIMER: Nothing said on The Edge Podcast is a recommendation to buy or sell tokens or securities. This content is for educational and entertainment purposes only. Nothing shared here is financial advice. Any views expressed by hosts or guests on the show are solely their opinions. Always do your own research. DeFi Dad, Nomatic, and guests may have positions in the assets or other matters discussed in this podcast. Axis is a sponsor of The Edge Podcast.

Kool Krypto is an anonymous DeFi investor and fund manager who's been in crypto since 2010.

In this episode, he shares his remarkable journey at just 13 mining Bitcoin, to discovering DeFi through ETHLend, and later landing a fund seeded by a prominent New York family office after a fateful poker game. We get a crash course on onchain options from someone trading millions on Derive, as he shares his very public trade setups for BTC and ETH, including the what went into his latest $3.5M Bitcoin call spread and his viral ETH call spread for March 2027 being copy-traded on Derive.

One of our best guests, and longest interviews ever. Meet an investor who's self-taught, and provides insights on his real trades, real positions, and real edge.

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💎 THIS EPISODE'S SPONSORS

🔒 KPK | Best risk-adjusted yield through automated vaults

🏦 AXIS | The Origin Vault launched on Ethereum

🌐 RE | Earn real yield backed by regulated reinsurance programs

🟠 APYX | The first dividend-backed stablecoin (DBS)

🐡 PUFFER INSTITUTIONAL | ETH staking solutions for scale

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⏱️ TIMESTAMPS

0:00 - Intro
2:25 - From mining BTC at 13, to trading, to fund manager
5:25 - The light bulb moment with DeFi and Ethereum
7:38 - The poker game that led to his fund
10:26 - How much is TradFi “in the arena” with DeFi?
14:17 - How Kool got into onchain perps: GMX, Gains, Hyperliquid
20:13 - Running a liquid fund, yield generation, and a little VC
23:28 - Why Kool doesn’t trade memecoins
28:01 - The DRV bull thesis
41:14 - Breaking down Kool’s $3.5M BTC call spread in Sept
45:58 - The benefit of Derive’s RFQ-powered trading
50:14 - AI agents are a massive tailwind for onchain options adoption
52:50 - Options trading tools: Derivatives Monkey, DeFiLlama, Claude
56:29 - Pros and cons of options vs perps
1:02:37 - Managing risk and closing options trades
1:05:35 - Forecasting a bullish October, and uncertain end of year
1:11:12 - His viral ETH call spread for March 2027 on Derive
1:17:38 - Kool’s bull thesis for KNTQ and its Hyperliquid L2
1:25:07 - Derive V3’s ability to list new options markets (ie LIT)
1:28:31 - What if Hyperliquid or Lighter launch options trading?
1:34:19 - Why Kool remains bullish on LIT
1:38:24 - Closing

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🔗 GUEST LINKS

► Kool Krypto on X: https://x.com/koolkrypto223
► Derive website: https://derive.xyz/
► Derivatives Monkey: https://www.derivativesmonkey.com/

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🎙️ MORE FROM THE EDGE PODCAST AND EDGE NEWSLETTER

► Newsletter: https://the-edge.xyz
► Apple: https://tinyurl.com/edgepod
► Spotify: https://tinyurl.com/edgepodspotify
► Linktree: https://linktr.ee/edge_pod
► Follow DeFi Dad: https://x.com/DeFi_Dad
► Follow Nomatic: https://x.com/Nomaticcap
► Learn DeFi: http://defidad.com/

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DISCLAIMER: Nothing said on The Edge Podcast is a recommendation to buy or sell tokens or securities. This content is for educational and entertainment purposes only. Nothing shared here is financial advice. Any views expressed by hosts or guests on the show are solely their opinions. Always do your own research. DeFi Dad, Nomatic, and guests may have positions in the assets or other matters discussed in this podcast. DeFi Dad and Nomatic hold ETH and BTC. DeFi Dad holds DRV. DeFi Dad and Nomatic were angel investors in Kinetiq's seed round.

Thomas Thierry is a Researcher at the Ethereum Foundation.

Every transaction you make onchain is trackable. And most of us have just accepted that as normal, but we shouldn't have to!

In this next episode of our Lean Ethereum series, Thomas walks through what's actually broken with privacy today, how Ethereum is getting closer to native private transactions, and what private DeFi will actually look like for end users. He also covers how Ethereum compares to Zcash, why privacy is essential for institutional adoption, and why being unstoppable as a network goes hand-in-hand with privacy.

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💎 THIS EPISODE'S SPONSORS

🔒 KPK | Best risk-adjusted yield through automated vaults

🏦 AXIS | The Origin Vault launched on Ethereum

🌐 RE | Earn real yield backed by regulated reinsurance programs

🟠 APYX | The first dividend-backed stablecoin (DBS)

🐡 PUFFER INSTITUTIONAL | ETH staking solutions for scale

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⏱️ TIMESTAMPS

0:00 - Intro
2:31 - Why Ethereum?
5:11 - What is broken with privacy today?
6:52 - What should be private in DeFi?
11:50 - The call for privacy runs deep in Ethereum
15:05 - How Ethereum gets native private transactions by next year
20:53 - The importance of FOCIL for Ethereum
26:51 - When will private DeFi be ready on Ethereum?
30:58 -Network-based privacy vs protocol-based vs wallet-based privacy
35:04 - What is unique about Aztec’s approach to privacy on Ethereum?
38:14 - How will private DeFi on Ethereum compare to Zcash?
41:22 - What will privacy mean for institutional investors?
43:36 - The challenge with network meta data and privacy
45:44 - Lack of privacy today vs future private UX on Ethereum
51:22 - Closing

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🔗 GUEST LINKS

► Ethereum Research website: https://ethresear.ch/
► Thomas Thierry on X: https://x.com/soispoke

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🎙️ MORE FROM THE EDGE PODCAST AND EDGE NEWSLETTER

► Newsletter: https://the-edge.xyz
► Apple: https://tinyurl.com/edgepod
► Spotify: https://tinyurl.com/edgepodspotify
► Linktree: https://linktr.ee/edge_pod
► Follow DeFi Dad: https://x.com/DeFi_Dad
► Follow Nomatic: https://x.com/Nomaticcap
► Learn DeFi: http://defidad.com/

------
DISCLAIMER: Nothing said on The Edge Podcast is a recommendation to buy or sell tokens or securities. This content is for educational and entertainment purposes only. Nothing shared here is financial advice. Any views expressed by hosts or guests on the show are solely their opinions. Always do your own research. DeFi Dad, Nomatic, and guests may have positions in the assets or other matters discussed in this podcast. DeFi Dad and Nomatic hold ETH.

Nick Forster is the CoFounder and CEO of Derive.

Could Derive V3 do for options, what Lighter did for perps on Ethereum?!

In this episode of DeFi Frontier, Nick returns to to walk us through what to expect when Derive V3 ships this month of September: a ZK application that collapses the exchange, execution layer, and settlement into one stack, making institutional onboarding as simple as a few lines of code.

He covers the decision for where they will deploy V3 and why Ethereum seems most likely to be V3's future home. We also discuss what the new arrival of tokenized stocks and RWAs means for onchain options and how big the TAM still is for onchain options.

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💎 THIS EPISODE'S SPONSORS

🔒 KPK | Best risk-adjusted yield through automated vaults

🏦 AXIS | The Origin Vault launched on Ethereum

🌐 RE | Earn real yield backed by regulated reinsurance programs

🟠 APYX | The first dividend-backed stablecoin (DBS)

🐡 PUFFER INSTITUTIONAL | ETH staking solutions for scale

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⏱️ TIMESTAMPS

0:00 - Intro
2:29 - Derive's building blocks for onchain options
7:56 - How big is the TAM for onchain options?
11:28 - What is Derive V3? A new ZK application
16:48 - Where will V3 launch and why Ethereum seems most likely
22:12 - Could Derive V3 be a zkRollup like Lighter?
26:37 - What is the advantage of onchain options over TradFi?
31:47 - New era of tokenized stocks and RWA markets
35:50 - Onchain options still in the early innings
42:16 - V2 settled billions, V3 is about trillions
46:06 - Closing

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🔗 GUEST LINKS

► Derive website: https://derive.xyz/
► Derive on X: https://x.com/DeriveXYZ
► Nick Forster on X: https://x.com/nickforster

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🎙️ MORE FROM THE EDGE PODCAST AND EDGE NEWSLETTER

► Newsletter: https://the-edge.xyz
► Apple: https://tinyurl.com/edgepod
► Spotify: https://tinyurl.com/edgepodspotify
► Linktree: https://linktr.ee/edge_pod
► Follow DeFi Dad: https://x.com/DeFi_Dad
► Follow Nomatic: https://x.com/Nomaticcap
► Learn DeFi: http://defidad.com/

------
DISCLAIMER: Nothing said on The Edge Podcast is a recommendation to buy or sell tokens or securities. This content is for educational and entertainment purposes only. Nothing shared here is financial advice. Any views expressed by hosts or guests on the show are solely their opinions. Always do your own research. DeFi Dad, Nomatic, and guests may have positions in the assets or other matters discussed in this podcast. DeFi Dad bought and now holds DRV since recording this podcast.

Ram Ahluwalia is an investor and the Founder of Lumida.

Weeks ago, crypto was doom and gloom. Now everything is pumping and nobody owns enough!

In this episode, Ram explains exactly why the rally happened, breaking down Bessant's bond market intervention and a massive short squeeze that caught everyone offsides. He shares his views on whether the bear market bottom came earlier than expected, and the most important question in markets right now: should you prioritize crypto or AI?

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💎 THIS EPISODE'S SPONSORS

🔒 KPK | Best risk-adjusted yield through automated vaults

🏦 AXIS | The Origin Vault launched on Ethereum

🌐 RE | Earn real yield backed by regulated reinsurance programs

🟠 APYX | The first dividend-backed stablecoin (DBS)

🐡 PUFFER INSTITUTIONAL | ETH staking solutions for scale

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⏱️ TIMESTAMPS

0:00 - Intro
2:15 - Ram’s background on Wall Street
3:15 - What is Lumida?
4:51 - Why Is crypto pumping right now?
8:59 - Did the bear market bottom earlier than expected?
11:10 - Can ETH outperform this cycle?
13:53 - Everyone’s offsides in this market, even the bulls
15:15 - Why Ram’s bullish on HYPE and DeFi
16:57 - Uncertainty about what follows if CLARITY passes
19:24 - Pros and cons of BTC as a momentum trade
24:52 - Bessent’s bond market intervention and its impact
28:26 - Expectations for Warsh’s Jackson Hole speech
30:58 - How could markets respond to Warsh
33:10 - Why the AI CapEx bears are wrong
42:30 - Nvidia is the lender of last resort
45:29 - Would Ram rather invest in AI or crypto right now?
47:58 - The pitch for Lumida
51:25 - Opportunity to tokenize private investments
52:53 - Closing

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🔗 GUEST LINKS

► Lumida website: https://www.lumidawealth.com/
► Lumida Invest app: https://lumidainvest.com/
► Lumida on X: https://x.com/lumidawealth
► Ram Ahluwalia on X: https://x.com/ramahluwalia

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🎙️ MORE FROM THE EDGE PODCAST AND EDGE NEWSLETTER

► Newsletter: https://the-edge.xyz
► Apple: https://tinyurl.com/edgepod
► Spotify: https://tinyurl.com/edgepodspotify
► Linktree: https://linktr.ee/edge_pod
► Follow DeFi Dad: https://x.com/DeFi_Dad
► Follow Nomatic: https://x.com/Nomaticcap
► Learn DeFi: http://defidad.com/

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DISCLAIMER: Nothing said on The Edge Podcast is a recommendation to buy or sell tokens or securities. This content is for educational and entertainment purposes only. Nothing shared here is financial advice. Any views expressed by hosts or guests on the show are solely their opinions. Always do your own research. DeFi Dad, Nomatic, and guests may have positions in the assets or other matters discussed in this podcast. DeFi Dad and Nomatic hold BTC, ETH, and HYPE mentioned.