Jul 28, 2026

: DeFi, Blockchain, Web3, Finance

After Uniswap v4 Went Live. The Pool Is No Longer the Whole Market.

Overview. Schematic only. Hooks are opt-in modules around a concentrated-liquidity pool; simple pools can remain simple. Not measu...

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Jul 26, 2026

: DeFi, Market Structure, Blockchain, Finance

When the Book Keeps Moving. What Hyperliquid Lets Outsiders Reconstruct.

Hyperliquid first shows up as a price story.

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Jul 21, 2026

: DeFi, Rust, Blockchain, Finance

Dynamic Fees in AMMs: When the Signal Matters

Part I asked whether an AMM surface formed. Part II ran pool state forward. Part III contrasted reserves with book depth. This piece runs the AMM d...

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Jul 19, 2026

: DeFi, Market Structure, RWA, Finance

Hyperliquid Shows What a Market Looks Like Without an AMM Pool

Part I asked whether an AMM surface formed. Part II opened the pool. This piece looks at the other state object: posted depth in a CLOB.

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Jul 14, 2026

: DeFi, Market Structure, RWA, Finance

Before MEV, I Built a Rust AMM Lab to Measure Pool State

Part I asked whether a public-pool surface formed. This piece opens the pool and runs its state forward.

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