DM
Dex Murphy
Self-described yield farmer and recovering degen. Writes about DeFi the way the trenches actually talk about it. Provides liquidity to more protocols than he can count and posts about the wins and the rugs.
50 articlesCasual & Accessible
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Articles by Dex Murphy
Sep 8, 2026
The Fed's 8-Point Dollar Drop Isn't the Central Bank Bitcoin Signal You Think
New York Fed researchers broke down why the dollar's reserve share slid from 64% to 56%. Turns out it's mostly reserve growth mechanics, not a sovereign stampede into Bitcoin. The trenches keep misreading this data. Here's what's actually happening.
Sep 7, 2026
Ethereum's Privacy Upgrade Has a 90,000-Gas Gap Nobody's Filling
A Sept. 5 tweak to EIP-8141 lets some nodes accept heavier privacy transactions. Problem is the benchmark says one Groth16 proof needs 190,628 gas. The cap is 100,000. That's not a rounding error. That's a chasm.
