In-depth market analysis on real-world asset tokenization, DeFi protocols, and the future of decentralized finance.
The Fed held rates in July with no forward guidance, with markets pricing in a potential hike for September. GDP growth came in below expectations for Q2; inflation is easing, while the labour market still holds strong.
Monthly macro, rates and RWA market analysis.
The FOMC held rates steady as the economy ran hotter than expected, while oil fell on the U.S.-Iran ceasefire and gold weakened on real yields. Bitcoin dropped below $60K as ETF outflows accelerated.
No FOMC meeting left rates unchanged as persistent inflation lifted Treasury yields and big tech drove equities to record highs. RAAC controls 4.49% of veCRV voting power.
The FOMC held at 3.6% for a third meeting as markets priced out cuts and U.S. equities posted their strongest month since 2020. A multi-billion-dollar hack drove DeFi borrowing rates higher.
The FOMC held at 3.6% for a second meeting as the U.S./Israel-Iran conflict pushed oil, bond yields and mortgage rates higher. RAAC took the largest share of Curve votes, at 4.1% of the total.
With no FOMC meeting, rates held at 3.50%-3.75% while Q4 GDP missed expectations and Fed minutes struck a hawkish tone. Gold and silver rebounded, and pmUSD ranked as the 49th largest stablecoin.
The Fed held rates at 3.50%-3.75% as the labour market stabilised, while a revived 'Sell America' narrative lifted Treasury yields and weakened the dollar. Crypto stayed below prior highs.
The Fed delivered a third consecutive quarter-point cut to 3.50%-3.75%, yet long-term yields stayed elevated. Crypto underperformed while pmUSD launched and Curve-native stablecoins outgrew the rest.
Mid-month pool APYs and return on incentives.