32 Chapters Available

Protocol Documentation

Deep dive into the USD protocol stack and its $150 trillion ecosystem

Part IV: Derivatives & Perps

10
CME Futures: The First Perps
$2T daily notional • 100x leverage available
11
Options: On-Chain Conditionals
50M contracts/day • IV farming
12
$400T Swaps: OTC Dark Pools
Bilateral • No clearing • Counterparty risk
Soon™
13
CDOs: Recursive Yield Farming
2008 exploit • Infinite leverage glitch
Soon™

Coming Soon...

14
MMFs: Uninsured Stablecoin Pools
Soon™
15
Hedge Funds: Alpha Vaults
Soon™
16
PE Firms: Governance Raiders
Soon™
17
SPVs: Rehypothecation Loops
Soon™
18
SEC/CFTC: The Protocol Police
Soon™
19
FINRA: Delegated Governance
Soon™
20
Basel Accords: Global Standards
Soon™
21
Stress Tests: Mainnet Simulations
Soon™
22
Emergency Facilities: Exploit Patches
Soon™
23
Historic Hacks: Protocol Failures
Soon™
24
HFT Bots: Latency Arbitrage
Soon™
25
PFOF: Private Mempool Auctions
Soon™
26
Stock Loan: Rehypothecation Games
Soon™
27
Eurodollars: Offshore USD Minting
Soon™
28
FX Markets: Cross-Chain Bridges
Soon™
29
Reserve Assets: National Treasuries
Soon™
30
CBDCs: State-Owned Stablecoins
Soon™
31
RWA Tokenization: Assets On-Chain
Soon™
32
USDT/USDC: Private Dollar Protocols
Soon™