Deep Dive

The LP Tax: Why Perp DEX Market Structure Keeps Shifting

Perp DEX volume hit record highs in 2026, but market leadership keeps changing hands. That instability is a signal about what actually determines who wins — and it's still unsettled.

Deep Dive

PropAMM Enters the Picture: A Third Liquidity Architecture for Perp Markets

Passive LP pools and protocol-managed liquidity aren't the only two ways to run a perp DEX. A third architecture — professional market makers operating a privately-run pricing engine — is emerging on Solana. Here's how it works, and why it answers a different question than the other two.

Deep Dive

FTX, Self-Custody, and How DEX Trading Reduces Custodial Risk

FTX collapsed because customer funds ended up in accounts a centralized exchange could move at will. On-chain trading is built to remove that specific failure mode.

Deep Dive

Oracle Integrity: Why Permissioned Validators and Protection Triggers Matter for Perp DEXs

A recent incident involving Ostium brought oracle security back into focus. Here's how LeverUp's oracle design addresses price integrity at two layers: permissioned validators and reference-based protection triggers.

Deep Dive

LeverUp Genesis Airdrop Season 1: LVP and LVHP Points Explained

LeverUp's Genesis Airdrop Season 1 runs two parallel point systems — LVP for sustainable trading and LVHP for high-leverage positions. Here's how each works and how to maximize your allocation.

Deep Dive

Liquidation Cascades: How Mass Liquidations Actually Happen

Liquidation cascades aren't random volatility events — they're the mechanical output of concentrated leverage. Understanding how they build and break is one of the cleaner edges available in perp markets.

Deep Dive

AMM vs Protocol-Managed Liquidity: How Perp DEX Market Structure Actually Works

If you've ever swapped tokens on Uniswap, you've already used an Automated Market Maker. The model is

Deep Dive

Execution Quality Matters More Than Headline Leverage

Leverage multiplies exposure — and every cost underneath it. Oracle staleness, funding drag, and liquidation mechanics matter more than the headline number.

Deep Dive

RWA Meets Perpetuals: The Missing Link

Tokenized real-world assets are accumulating on-chain. The derivatives layer to hedge or leverage them barely exists. AnyCollateral is the missing piece.

Deep Dive

AI Agents Meet Onchain Leverage

AI agents need deterministic execution, predictable margin, and reliable settlement. Here's why oracle-referenced protocol execution is the right infrastructure for automated trading.

Deep Dive

Oracle Freshness Is Hidden Slippage

Every millisecond your oracle is stale, you're paying slippage you can't see on your receipt. Fee rates are marketing. Oracle freshness is execution quality.

Deep Dive

The Invisible Layer: How DeFi Became Finance Infrastructure

DeFi's first decade was user-facing. The next phase is infrastructure-facing — protocols running behind products that don't advertise being DeFi.