Balancer: Programmable Liquidity and the V3 Architecture Explained Paid Members Public
What Is Balancer? Balancer stands out as one of the original programmable automated market makers (AMMs) in DeFi. Launched on Ethereum in 2020, it disrupted the market by moving beyond the standard two-asset 50/50 pools used by constant-product AMMs like Uniswap V2. Instead, Balancer introduced flexible liquidity pools capable
What Are Liquidity Pools? How DeFi Trading Works Without an Order Book Paid Members Public
The Problem Liquidity Pools Solve In traditional finance and on centralised cryptocurrency exchanges, trading relies on order books, lists of buy and sell orders placed by individual traders and market makers, matched by a central engine. This model requires active participants on both sides of every trade, and it depends
DeFi TVL April 20, 2026: KelpDAO exploit, Morpho Midnight and Top Yields Paid Members Public
Welcome to the Portals DeFi Weekly. The market experienced a significant liquidity contraction following the KelpDAO exploit, which triggered a cascading effect across major lending protocols. We break down the $292M rsETH hack, the resulting Aave liquidity crisis, the launch of Morpho Midnight, and the latest shifts in yield opportunities
Understanding the Mechanics of Automated Market Makers Paid Members Public
Automated Market Makers (AMMs) are reshaping the landscape of DeFi. They offer a new way to trade assets without traditional intermediaries. This innovation is crucial for understanding the evolving crypto market. AMMs use algorithms to set prices and facilitate trades. They rely on liquidity pools, which are collections of funds
How to Read a Smart Contract Audit Report: A Practical Guide for DeFi Users Paid Members Public
Why Audit Reports Matter Smart contract audits are one of the primary tools DeFi users and investors have for evaluating protocol safety before committing funds. A well-conducted audit can surface critical vulnerabilities, assess code quality, and give users insight into how seriously a team takes security. But an audit is
How DeFi Oracles Work: A Guide to Price Feeds and Data Infrastructure Paid Members Public
What Are DeFi Oracles? Oracles are the infrastructure that connects blockchains to the outside world. In the context of DeFi, oracles primarily provide price data, letting smart contracts know what an asset is worth so they can calculate collateralisation ratios, execute liquidations, settle derivatives, and perform countless other operations that
DeFi Best Practices for Q2 2026: Security, Due Diligence, and Risk Management Paid Members Public
DeFi Best Practices for Q2 2026 DeFi has changed significantly over the past year. The ecosystem has matured, threats have evolved, and the tools and infrastructure available to users look very different from what existed even 12 months ago. For anyone participating in DeFi in Q2 2026, whether a newcomer
Flash Loans: How Uncollateralised DeFi Borrowing Works Paid Members Public
What Are Flash Loans? Flash loans are one of the most novel financial primitives to emerge from DeFi, uncollateralised loans that must be borrowed and repaid within a single blockchain transaction. If the loan is not repaid (plus any applicable fee) by the end of the transaction, the entire transaction
