The New DeFi Meta with Paradigm’s Head of Research, Dan Robinson
Inside the episode
Dan Robinson is GP and Head of Research at Paradigm. He, over the years, has done a lot of deep thinking about markets, auctions, and liquidity in DeFi, with a particular focus on Uniswap and Uniswap V3. Recently, Uniswap Labs released UniswapX, a new dutch auction mechanism, that Dan thinks changes the meta for swapping assets in DeFi, MEV, chain interoperability, and much more.
The last time Dan was on Bankless was September 2020…almost 3 years ago! If you have ever heard Ryan or I say the phrase “Ethereum is a dark forest”...it came from that episode.
6:00 Why UniswapX is Needed
11:09 What’s New About UniswapX?
16:25 The Magic Behind MEV Reduction
20:00 Order Flow Auctions
26:25 It’s Still Early
33:05 Who Are the Nanobots?
37:42 How Rollups Will Change
42:22 How Bridges Will Change
49:55 UniswapX Complements Uniswap v4
53:30 What Uniswap v4 Do for LPs?
59:15 LPing with Uniswap v4 vs. v3
1:04:11 Uniswap’s App Layer & Yields
1:06:05 Why Be Excited About Suave
1:09:55 Closing & Disclaimers