Gm! This week Armani Ferrante joins the show. We discuss the CEX vs DEX exchange model, who will win market share for perps in crypto, why crypto wallets are broken, the future of Mad Lads & more. Enjoy!

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(00:00) Introduction

(00:55) CEXs vs DEXs

(08:51) Why Are DEXs Important?

(13:51) Bonk Bets Ad

(14:22) Does Decentralization Matter?

(18:17) Spot vs Margin Exchanges

(29:12) Bonk Bets Ad

(29:44) Why Crypto Wallets Are Broken

(41:23) The Backpack Mission Statement

(51:18) The FTX Fallout

(55:04) Mad Lads

(56:18) Advice For Founders

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Disclaimers: Lightspeed was kickstarted by a grant from the Solana Foundation.

Nothing said on Lightspeed is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mert, Jack, and our guests may hold positions in the companies, funds, or projects discussed.