As record amounts of capital continue to enter into the crypto markets, investors are beginning to look for the tools necessary to customize their yield, risk, and exposure to crypto assets. Several structured products already exist on-chain today, with varying degrees of complexity and user management involved for the different protocols. This research report highlights a few of the options available for crypto investors looking to more efficiently allocate their capital or to implement a more nuanced investment thesis.
Decentralized finance (DeFi) lending protocol bZx has just been exploited. While the exact amount of lost ether (ETH) is not yet known, bZx co-founder Kyle Kistner said: “a portion of ETH [has been] lost.”