May 6, 2021· 56 min

Hayden Adams Explains Uniswap and the Rise of DeFi

Orality
Model
50%

Speaker Breakdown

HostTracy Alloway(2,357 words)
M:28%
HostJoe Weisenthal(1,134 words)
M:28%
GuestHayden Adams(7,026 words)
M:92%

Oral Indicators

Agonistic42%
literally, completely, certainly
Engagement63%
you, our, your
Memory Aids100%
listen, now, so
Repetition100%
know (235x), like (131x), right (108x)
Parallelism100%
And I'm Tracy Alloway...., So, Tracy, you know, we recent..., But there is an irony with Coi...
Sound Patterns92%
103 question(s), alliteration: "markets move", alliteration: "barclays brief"
Formulaic Phrases2%
i mean

Literate Indicators

Hedging8%
maybe, quite, probably
Passive Voice7%
be accessed, are called, is decentralized
Abstract Nouns13%
investment, recommendation, moment
Subordination8%
although, because, however
Sentence Length37%
Avg: 14.1 words/sentence
Word Complexity48%
investment, analyze, anticipate
Academic Markers3%
according to
Impersonal Style37%
702 personal pronouns found
Descriptive Style100%
literally, completely, recently

Description

There's an irony with crypto. While so much of it is ostensibly about circumventing legacy finance, many of the most important pieces of crypto infrastructure are centralized financial entities. For example, the newly public Coinbase holds fiat currency and is subject to numerous regulations. Enter decentralized exchanges. A new breed of trading venues has been built to enable trading directly upon a blockchain, allowing assets to be exchanged without any custodial requirements, permission, or even accounts. It's a totally different model of trading and market structure. On this episode, we speak with Hayden Adams, the creator of the Uniswap Protocol, which powers the world's largest decentralized exchange, to explain how it all works. See omnystudio.com/listener for privacy information.