Blog
Guides on how we rate crypto farms and how farming works. Facts from official sources only.
How Are Stock Perps Priced When the Stock Market Is Closed?
On a weekend a stock perp's price comes from the venue's own book, fenced by bounds. How it is built, why it jumps at the reopen, and what to check first.
5 min read
Custodial vs Self-Custodial Crypto Cards: Who Holds Your Money
Every crypto card pays the merchant in fiat. What differs is when your crypto stops being yours: at the tap, at top-up or at deposit. How to check any card.
5 min read
Polymarket vs Kalshi: What Differs for Traders Outside the US
Polymarket and Kalshi price fees the same way. What differs is who regulates them, who holds your money, what you settle in and where you can trade.
5 min read
Is a Perp DEX Safe? Custody, Exits and Liquidations
Non-custodial is a label, not an answer. Six questions to ask any perp DEX about custody, exits, reversed fills, liquidation and audits before you deposit.
5 min read
How Are Prediction Markets Resolved? Oracles and Disputes
You can be right about the world and still lose the market. How rules, oracles, feeds and disputes settle a prediction market, and what to read before you trade.
5 min read
Funding Rate Arbitrage Between Perp DEXs: The Real Math
A cross-DEX funding hedge earns by the hour and pays its fees up front. How to work out the net, the break-even time and what can break each leg.
5 min read
How Frontend Hacks Drain Wallets, and How to Check a Site
The contract was fine and the site was real, yet users lost funds. How third-party scripts, CDNs and DNS turn a trusted page into a drainer, and what to check.
10 min read
How to Judge a Trading Competition: Phoenix Frontier Traders
How to judge a trading competition that pays stablecoins and lists no token, with Phoenix Frontier Traders Season 1: what counts, what volume costs, KYC, regions.
5 min read
How to Check if a DEX's Trading Volume Is Real
Volume is the most farmed number in crypto. Five checks with DefiLlama, Dune and Token Terminal to see how much weight a DEX's volume can carry.
4 min read
How We Rate Crypto Farms: Ripe, Ripening or Rotten
What our three labels tell you to do next, what the 1 to 5 score measures, and the questions to ask before you put time or money into any farm.
Maker vs Taker Fees on Perp DEXs: What a Trade Really Costs
Maker and taker fees explained for farmers: why the fee is charged on the position, why a hedge pays four times, and when a maker order costs more.
4 min read
What Is a Funding Rate on a Perp DEX?
What a perp funding rate is, who pays whom, how to turn it into a yearly figure, and what it costs or pays a farmer who holds positions for volume.
4 min read
