№ 001DeFi

Decentralized Stablecoin Collateral Ratios Drift, And Lag

Oracle delays, gas economics, and silent interest accrual erode collateral ratios before liquidation fires. The mechanism, explained precisely.

Ethan Caldwell6 min read / 02.07.2026

№ 002DeFi

How Decentralized Stablecoins Hold Their Peg

No bank, no dollar reserves. Here's the exact mechanism decentralized stablecoins use to stay at $1, with a worked example of what breaks the peg.

Ethan Caldwell6 min read / 13.06.2026

№ 003DeFi

Cascading Liquidations in DeFi: How They Work

When collateral prices fall, DeFi protocols can trigger a chain of forced sales. Here's the exact mechanism that turns a dip into a cascade.

Lucas Harper6 min read / 13.06.2026