Uneasy Money: Should DeFi Frontends Block High Slippage Swaps?
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Hey, everyone. I'm Kane Warwick and welcome to Uneasy Money because what happens on chain never stays on chain. Before we start, nothing you hear on Uneasy Money is financial advice. We're just three builders talking about what's happening on chain and we want you to always do your own research before aping in. You can find all our disclosures at unchainedcrypto.com/uneasymoney. And before we begin, here's a word from the sponsors that make this show possible.
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All right, I'm here with my co host, Taylor Monahan, unemployed security expert, and Luca Nets, CEO of Pudgy Penguins. And we have a lot of stuff to cover today. So let's jump straight into it. First thing is the S and P five hundred has actually officially licensed to trade.xyz their market data, which is wild. I think like, you know, the crazy I was thinking about this on my on my way in this morning and it's it's kind of insane how much good news there's been. And, you know, Hyperliquid obviously has responded to this. Right? It's it's over $40 again. You know, it definitely doesn't feel li
Super exciting.
So some of the details here, they're like, the probably the most interesting thing is you have, like, people from the S and P being quoted involved like, saying, like, yeah, we're excited about, like, digitally native investors, etcetera. Like, you know, in the past, to get one of these price feeds, you'd have to go through like three layers of obfuscation to make sure that the S and P couldn't find you, to track you down and shut down the price feed. So so, yeah, I think one one interesting thing is the fact that it is obviously still limited to non US investors, which, you know, we're not qu
curious. Okay. I get why they've sort of just like not included US investors, but I think it's interesting that they've launched it and they've just restricted the typical carve outs. The very, very typical carve outs. And then it's going to be fine. I don't know, to me that feels weird, especially with everyone doing a bunch of PR around it. That's like, in my opinion, like US focused.
Yeah. Right? Yeah. I mean, it's it's weird. Right? Because, you know, this is a US market that is now licensing its data for it to trade anywhere on chain, obviously, and and, you know, it's restricted from The US. And I I think there's, like, some sense of argument of, like, well, if you wanna trade the S and P, you know, you can get it in your brokerage account. Right? You don't need to trade perps, but this is making it available for anyone anywhere on chain. I mean, we've talked about this a lot, the the purification of everything. And and there is sort of an open question around, like, yo
access to stuff.
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