The State of Solana DeFi I Barrett (Cypher Protocol)

Join Sal and Dave as they explore the world of decentralized finance and memecoins with DeFi expert and Cypher.trade founder, Barrett. In this episode, they discuss the philosophical importance of memecoins during Pepe mania, and dive into topics such as Solana's DeFi TVL, the differences between monolithic and app chains for DeFi, and how Cypher enables capital efficiency with its suite of DeFi products. The conversation also touches on the importance of non-DeFi projects for user adoption, and compares the tradeoffs between AMMs, CLAMMS, and CLOBS. Spoiler alert: Solana DeFi airdrop season might be coming as soon as summer 2023. Check out the episode to learn more 👀