Knowledge & Research

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Curated intelligence on the infrastructure powering the next financial system.

All articles18 articles
APR vs APY: why the difference matters
FoundationMoney & Credit

APR vs APY: why the difference matters

May 2026Read
Basis points, spreads, and how lenders think about price
FoundationMoney & Credit

Basis points, spreads, and how lenders think about price

May 2026Read
Seniority and payment priority: senior, mezzanine, junior, equity
FoundationMoney & Credit

Seniority and payment priority: senior, mezzanine, junior, equity

May 2026Read
Covenants, defaults, and what a covenant breach really means
FoundationMoney & Credit

Covenants, defaults, and what a covenant breach really means

May 2026Read
Multisig wallets, Safes, and shared-key custody
FoundationCustody & Keys

Multisig wallets, Safes, and shared-key custody

May 2026Read
LLTV Explained: Liquidation Loan-to-Value Ratio
GlossaryCollateral

LLTV Explained: Liquidation Loan-to-Value Ratio

May 2026Read
Delta-Neutral: Hedging Direction with Long-Short Pairs
GlossaryHedging

Delta-Neutral: Hedging Direction with Long-Short Pairs

May 2026Read
TWAP Oracle Explained: How Time-Weighted Pricing Works
GlossaryArchitecture

TWAP Oracle Explained: How Time-Weighted Pricing Works

May 2026Read
What Rekord Does: An Overview of Provable Finance
CoreBig Picture

What Rekord Does: An Overview of Provable Finance

May 2026Read
What Is a Real-World Asset? RWA Lending vs DeFi Yield
CoreRWA & Deal Types

What Is a Real-World Asset? RWA Lending vs DeFi Yield

May 2026Read
The Capital Cycle: From Stablecoin Deposit to RWA Return
CoreBig Picture

The Capital Cycle: From Stablecoin Deposit to RWA Return

May 2026Read
What is Private Credit? The $1.7T Asset Class Explained
FoundationPrivate Credit & RWA

What is Private Credit? The $1.7T Asset Class Explained

May 2026Read
What is a Qualified Custodian? BitGo, Anchorage & More
FoundationCustody & Keys

What is a Qualified Custodian? BitGo, Anchorage & More

May 2026Read
What is a Smart Contract? And What It Can't Enforce
FoundationCrypto & DeFi

What is a Smart Contract? And What It Can't Enforce

May 2026Read
What is a fund, and how a master fund is structured
FoundationFunds & Entities

What is a fund, and how a master fund is structured

May 2026Read
What is LTV? Loan-to-Value Explained for Crypto Loans
FoundationMoney & Credit

What is LTV? Loan-to-Value Explained for Crypto Loans

May 2026Read
Secured vs Unsecured Loans: What Collateral Actually Is
FoundationMoney & Credit

Secured vs Unsecured Loans: What Collateral Actually Is

May 2026Read
What is a Loan? Principal, Interest, Maturity, Repayment
FoundationMoney & Credit

What is a Loan? Principal, Interest, Maturity, Repayment

May 2026Read