Research
Original on-chain research from Barter on DeFi liquidity, stablecoins, execution, and market structure.
The Idle Liquidity Paradox
$4.10B in stablecoins held by 31,949 active DeFi users on Ethereum — foregoing $169.9M a year in yield. Not because they are unaware of DeFi, but because their wallets run operational flow that existing yield models break.
12 min to read
Private Liquidity: Ethereum's Most Understudied Layer
The increasing share of trades executed through DEX aggregators has significantly changed the rules of the game, allowing DEXs to focus on providing the most competitive exchange rates rather than attracting users to their UI.
18 min to read
State of Stableswaps
Stable-to-stable swaps are a vital yet underexplored primitive essential to maintaining the stability of the broader stablecoin ecosystem. In this paper, we examine the current state of stable swaps.
16 min to read
Coincidence of Wants research
We have taken a close look at the 'Coincidence of Wants' concept in DeFi swaps analyzing 25 random blocks (19063173 - 19063198).
5 min to read
Superposition WhitePaper (PDF)
Superposition introduces a fundamentally new approach to decentralized trading and liquidity provision, addressing key inefficiencies in existing protocols.
14 min to read