Safeguarding DeFi's Builders: The Key to a Robust Decentralized Finance Infrastructure

Welcome to Crypto Long & Short, your institutional newsletter for the latest in decentralized finance. This week, we explore the crucial need to safeguard the individuals building DeFi infrastructure. Jennifer Rosenthal, chief communications officer at the DeFi Education Fund, discusses the importance of protecting these builders, highlighting the introduction of the bipartisan Promoting Innovation in Blockchain Development Act of 2026. Meanwhile, Alexis Sirkia, chairman and co-founder of Yellow Network, critiques Ethereum's L2 strategy, arguing that its rollup model is fundamentally flawed due to its focus on throughput rather than the movement of value between participants. We also examine the recent decline in Aave's market share following the rsETH exploit and look at the potential implications of the CFTC's approval of a U.S. framework for perpetual futures. Join us in exploring these critical issues and more in this week's newsletter.