As DeFi continues to evolve, the challenge of finding a balance between decentralization and protection from all manner of exploits persists.The founder of Infinex, Kain Warwick, joined the show to talk about:How crypto market makers have at times veered into “all-out crime”What market making looks like todayPlaying chart games with token allocationsWhat Kain looks at when evaluating tokensWhy Binance kicked a MOVE market maker off its platformThe $JELLY attack on Hyperliquid and the problem of centralization in DeFiWhat problems in crypto Kain is attempting to solve with InfinexVisit our website for breaking news, analysis, op-eds, articles to learn about crypto, and much more: unchainedcrypto.comThank you to our sponsors!BitwiseGuest:Kain Warwick, founder of Infinex App and SynthetixPrevious appearances on Unchained:2025 Will Be a Year of Crypto Competition. Can Ethereum Make a Comeback?Links:Crypto Market MakingKain Warwick: Discussion about market makersBinance: What happened with MOVE on BinanceCoindesk: Binance Offboards Market Maker That It Said Made $38M Profit on MOVE ListingBloomberg: Citadel Securities Plots Jump Into Crypto Trading After Trump’s EmbraceHyperliquidUnchained: Hyperliquid Saved Itself a $15 Million Loss, but Sparked CriticismInfinexThe Block: Synthetix founder Kain Warwick launches InfinexThe Block: Peter Thiel's Founders Fund invests in Infinex's Patron NFT sale as total amount raised hits $67.7 millionTimestamps:👋 💭 🙊 🦹 💸 😨 📊 ⁉️ 😱 🥷 🔧 🌎 👂 Learn more about your ad choices. Visit megaphone.fm/adchoices