Dis
patch
The week in crypto, explained by people who read the contracts.
DeFi protocols · L2 rollups · Governance votes. Every Sunday, before your group chat catches up.
Read Issue #47 Free→
14,200+ protocol founders, analysts & devs
This is what you wake up to.
Before you've had coffee. Before you know what's signal and what's noise.
Something big happening with Arbitrum governance. Check snapshot.
anyone else seeing weird slippage on curve? feels off
🚨🚨 UNISWAP V4 HOOKS EXPLOIT RUMOR - NOT CONFIRMED 🚨🚨
This is the most bullish chart I've ever seen in my 4 years of trading 🔥🔥🔥
Insider says Optimism migration happening this weekend. Source: trust me bro
Base TVL up 12% in 24h. New EIP dropping. Starknet upgrade delayed again.
Thread: 47 reasons why this protocol will 10x 🧵 (1/47)
Compound proposal passes. But did anyone read it? 3 critical changes buried in appendix C
sandwich bot extracted $2.4M from Uniswap pools in the last 6 hours
gm gm gm wagmi frens 🌅
47 unread messages. Zero confirmed facts.
"We kept asking the same question: who's actually reading the governance proposals, the audit reports, the EIP discussions — and writing about them in plain language? The answer was nobody. So we started doing it ourselves."
It was November 2022. The FTX collapse was still raw. Every newsletter in the space was either celebrating the carnage or pretending it hadn't happened. We were fund analysts. We needed to know which protocols had actually ring-fenced custody. Which ones had governance structures that could respond. Which L2s had the technical debt that would matter in six months.
We couldn't find that briefing. So every Sunday morning, we started writing one — for ourselves, then for a handful of colleagues, then for fourteen thousand readers who apparently had the same problem. Dispatch is the briefing we wished existed. It still is.
Marcus Chen & Priya Iyer
Co-founders, Dispatch
This week's briefing.
Five sections. Every protocol move, governance vote, and on-chain anomaly that mattered in the last seven days — with the context your group chat skipped.
Read full issue→Protocol Watch
What actually changed in the code this week.
Aave v3.2 migration: the liquidation threshold change buried in proposal #312 that no one in your feed mentioned — and why it reprices $2.1B in positions.
Governance Digest
The votes that move capital, not just Twitter.
Uniswap's fee switch: after 14 months, it finally passed. We read all 847 forum comments so you understand the two factions that nearly killed it.
On-Chain Forensics
Follow the wallets. Ignore the narratives.
A single address accumulated $34M in stETH across 11 transactions before Lido's validator cap announcement. Here's the full trace.
L2 Dispatch
Rollup developments, benchmarked and ranked.
Arbitrum Stylus vs. OP Stack in production: three teams shipped contracts this week. We compared gas, latency, and dev experience with actual numbers.
The EIP File
Which proposals actually matter this quarter.
EIP-7702 clears the final hurdle. What account abstraction means for MEV extraction, and which protocols are already rewriting their front-end assumptions.
Issue #47 is free to read.
No email required. Judge the writing first.
Weekly readers
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The Aave liquidation threshold piece in issue #44 changed how we model risk in our fund. We'd already missed it in the governance forum.
Tariq Al-Rashidi
Portfolio Manager, Meridian Digital Ventures
I forward the On-Chain Forensics section to my entire research team every Monday. It's the one newsletter where I don't already know the story.
Yuna Park
Protocol Researcher, Eigen Foundation
Dispatch caught the EIP-7702 implication two weeks before any other publication. That's the gap between a newsletter and a briefing.
Devraj Mehta
Founder, Stackform Protocol
You've already missed three issues.
The protocol founders who read Dispatch last Sunday already know about the governance vote that repriced $800M in liquidity. The fund analysts have their conviction memo half-written. The devs have already updated their roadmaps.
Free. No spam. Read Issue #47 first if you're skeptical — it's right here.