Gm! This week Armani Ferrante joins the show. We discuss the CEX vs DEX exchange model, who will win market share for perps in crypto, why crypto wallets are broken, the future of Mad Lads & more. Enjoy!
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Follow Armani: https://x.com/armaniferrante
Follow Mert: https://x.com/0xMert_
Follow Jack: https://x.com/whosknave
Follow Lightspeed: https://twitter.com/Lightspeedpodhq
Subscribe to the Lightspeed Newsletter: https://blockworks.co/newsletter/lightspeed
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Use Code LIGHTSPEED10 for 10% off tickets to Digital Asset Summit 2025: https://blockworks.co/event/digital-asset-summit-2025-new-york
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Just for Lightspeed listeners, visit bonkbets.io/lightspeed and connect your wallet to get 10% back on any losses to bet again. For a limited time, make two $10 bets on any game before March 1 2025 to get a free third $10 bet.
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Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/
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(00:00) Introduction
(00:55) CEXs vs DEXs
(08:51) Why Are DEXs Important?
(13:51) Bonk Bets Ad
(14:22) Does Decentralization Matter?
(18:17) Spot vs Margin Exchanges
(29:12) Bonk Bets Ad
(29:44) Why Crypto Wallets Are Broken
(41:23) The Backpack Mission Statement
(51:18) The FTX Fallout
(55:04) Mad Lads
(56:18) Advice For Founders
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Disclaimers: Lightspeed was kickstarted by a grant from the Solana Foundation.
Nothing said on Lightspeed is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mert, Jack, and our guests may hold positions in the companies, funds, or projects discussed.
Gm! This week Santi joins the show to discuss why now is crypto's time to accelerate adoption. We deep dive into Santi's updated Solana thesis, crypto's biggest opportunities in 2025, the rise of Inversion & more. Enjoy!
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Follow Santi: https://x.com/santiagoroel
Follow Jack: https://x.com/whosknave
Follow Lightspeed: https://twitter.com/Lightspeedpodhq
Subscribe to the Lightspeed Newsletter: https://blockworks.co/newsletter/lightspeed
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Use Code LIGHTSPEED10 for 10% off tickets to Digital Asset Summit 2025: https://blockworks.co/event/digital-asset-summit-2025-new-york
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Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/
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(00:00) Introduction
(02:03) Crypto’s Broken Funnel
(08:01) What’s Crypto’s Biggest Opportunity?
(15:16) Ledger Ad
(16:04) DePIN
(19:58) Crypto’s End State
(25:53) The Solana Thesis
(30:46) Crypto Tax Calculator Ad
(31:18) Ledger Ad
(32:06) Managing Risk
(47:03) What’s Next For Inversion?
(55:20) Reviving Old Businesses
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Disclaimers:
Lightspeed was kickstarted by a grant from the Solana Foundation.
Nothing said on Lightspeed is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mert, Jack, and our guests may hold positions in the companies, funds, or projects discussed.