Protocol Radar

Primitives, upgrades, and liquidity flows

Technical analysis of decentralized protocols, total value locked, and tokenomics, reported with plain terms and open questions.

Primitives

Core DeFi mechanics

Lending markets, automated market makers, and collateral rules explained from the contract level up, so readers see how each primitive actually moves capital.

Upgrades

Contract change tracking

We log governance proposals and contract upgrades as they ship, noting what changed, who approved it, and which risks the change introduces.

Liquidity

Total value locked in context

Total value locked, fee revenue, and tokenomics are reported together, so a rising figure can be checked against the activity that produced it.

Platform Assessments

Exchanges and wallets, weighed side by side

Each platform review sets out security audits, fee models, and custody design, then lists concrete strengths and trade-offs. Ratings are shown on a five-star scale with the criteria stated.

Custodial exchange

Pros: audited reserves, regulated custody, deep order books. Cons: custodial risk, withdrawal limits, tiered fees that rise for low-volume accounts.

Rating: four of five stars for transparency; three of five for fee clarity.

Non-custodial wallet

Pros: user-held keys, open-source code, no account required. Cons: seed phrase responsibility, limited recovery options, fewer built-in protections.

Rating: five of five stars for key control; three of five for recovery support.