# The Fusion blog

> Research, strategy deep dives and long-form writing from the IPOR Labs team behind Fusion.

Source: https://ipor.io/blog

Research, strategy deep dives and long-form writing from the IPOR Labs team.

- [Build a DeFi Vault with AI - MCP, SDK and Launchpad](https://ipor.io/blog/ai-vaults.md) (2026-10-07, Technology): Build, analyze, and run a DeFi vault with an AI agent using Fusion's MCP, SDK, and Launchpad. Includes runnable examples, simulations, and deployment steps.
- [Institutional Vaults: How Regulated Capital Reaches Aave, Morpho and 40+ Protocols](https://ipor.io/blog/institutional-vaults.md) (2026-07-16, Learn): How institutional vaults control access, authorized venues and accounting onchain, and how BitGo, 21Shares and in-house teams reach Aave, Morpho and 40+ protocols.
- [IPOR Fusion Vaults: Security, Modularity, and Risk Management](https://ipor.io/blog/ipor-fusion-vaults-security-modularity-and-risk-management-94944e5147ad.md) (2025-03-13, Technology): This article explores the core security principles of IPOR Fusion, its modular architecture, and its built-in risk management mechanisms.
- [What is IPOR Fusion? A Technical Overview](https://ipor.io/blog/what-is-ipor-fusion-a-technical-overview-114ccd67dfcf.md) (2024-05-29, Technology): A deep dive into IPOR Fusion’s architecture, value propositions, use cases, security principles, and more.
- [Regime Shift in DeFi Rates for ETH: Risks and Opportunities for Superior Uncorrelated Returns](https://ipor.io/blog/regime-shift-in-defi-rates-for-eth-risks-and-opportunities-for-superior-uncorrelated-returns-a6be1cfa302b.md) (2024-02-26, Research): Liquid restaking, novel credit markets, and the ever-expanding opportunity set for yield in Ethereum.
- [Predicting The Lido Staking Rate](https://ipor.io/blog/predicting-the-lido-staking-rate-211b0e309269.md) (2023-12-05, Research): Why is an epoch-by-epoch Lido staking rate essential to a fair Stake Rate Swap market?
- [Trading the Lido Staking Rate](https://ipor.io/blog/trading-the-lido-staking-rate-2bbf0df2eb71.md) (2023-11-28, Learn): IPOR Protocol’s epoch-by-epoch Lido Staking Rate Index and the stETH Stake Rate Swap serve a wide range of participants in Ethereum’s fledging financial ecosystem.
- [Smart Zapping](https://ipor.io/blog/smart-zapping-3930d19a0d64.md) (2023-11-14, Technology): IPOR v2 introduced Zaps, significantly simplifying the IPOR DApp UX for liquidity providers. Let’s look at how LPs can have an even better experience and save on gas fees.
- [IPOR v2: Live on Goerli Testnet](https://ipor.io/blog/ipor-v2-live-on-goerli-testnet-5ea82de3854f.md) (2023-10-04, Technology): The next iteration of the IPOR Protocol is now available on Ethereum’s Goerli testnet.
- [DeFi Interest Rates Derivatives: Swaps VS Yield Stripping](https://ipor.io/blog/defi-interest-rates-derivatives-swaps-vs-yield-stripping-243ddebd9232.md) (2023-09-26, Research): Why are interest rate derivatives essential to any healthy financial market and is there a “best” approach to offering them onchain?
- [Friends, Foes, and Famous Whales](https://ipor.io/blog/friends-foes-and-famous-whales-c4befdaac77b.md) (2023-06-23, Research): Smart money is not about aping into the latest memecoin in UniV2. Instead, it is about risk management.
- [[Trade Idea] MakerDAO’s DSR Hike Proposal: Higher Stablecoin Rates and Short-term Arbitrage…](https://ipor.io/blog/trade-idea-makerdaos-dsr-hike-proposal-higher-stablecoin-rates-and-short-term-arbitrage-645be870a235.md) (2023-06-08, Research): The DAI Stability Rate (DSR) is a special module in the MakerDAO smart contract system that allows DAI holders to receive a share of the revenue earned by MakerDAO.
- [What is driving the USDT/USDC rate spread?](https://ipor.io/blog/what-is-driving-the-usdt-usdc-rate-spread-dc419a5e2701.md) (2023-03-28, Research): An analysis of the main drivers of the USDT/USDC spread and how to trade it.
- [Interest Rate Risk is a BFD: Lessons From SBV and IPOR’s role in DeFi Credit Markets](https://ipor.io/blog/interest-rate-risk-is-a-bfd-lessons-from-sbv-and-ipors-role-in-defi-credit-markets-f923eb7a4258.md) (2023-03-14, Research): Could the SVB collapse lead to DeFi/TradFi interest rate inversion making interest rate swaps an essential risk-management tool in DeFi?
- [A Relative Value Thesis for DeFi: Draft Roadmap for the Evolution of Instruments and Trading…](https://ipor.io/blog/a-relative-value-thesis-for-defi-draft-roadmap-for-the-evolution-of-instruments-and-trading-e6d5cb96169b.md) (2023-03-03, Research): In the previous two parts of this series (Part 1, Part 2), we laid the foundations for an introduction to relative value trading in TradFi interest rates.
- [A Relative Value Thesis for DeFi: Popular RV Rates Strategies in TradFi (Part II)](https://ipor.io/blog/a-relative-value-thesis-for-defi-popular-rv-rates-strategies-in-tradfi-part-ii-fd19ffc51af1.md) (2023-02-24, Research): A short overview of popular TradFi relative value trading strategies.
- [A Relative Value Thesis for DeFi: Can it Bring New Alpha and Yield Opportunities? (Part I)](https://ipor.io/blog/a-relative-value-thesis-for-defi-can-it-bring-new-alpha-and-yield-opportunities-part-i-ee7922281703.md) (2023-02-17, Research): The fundamentals of relative value (RV) trading and the risks and opportunities for applying it in the DeFi space.
- [Volatile Rates Due to Regulatory Action? IPOR Swaps Have You Covered](https://ipor.io/blog/volatile-rates-due-to-regulatory-action-ipor-swaps-have-you-covered-bb3c030472f0.md) (2023-02-15, Research): Strip away or ride market volatility with simple IPOR swap strategies.
- [Fixed Income in DeFi: Risk Management for DAO Treasuries (Part 2)](https://ipor.io/blog/fixed-income-in-defi-risk-management-for-dao-treasuries-part-2-fe1767a7582a.md) (2022-12-08, Research): IPOR Protocol's highly capital-efficient interest rate swaps enable access to TradFi-like capital management tools in a Web3 environment.
- [Interest Rates and Capital Markets Report | November 2022](https://ipor.io/blog/interest-rates-and-capital-markets-report-november-2022-95dc4f377ba1.md) (2022-12-06, Research): Capital markets and crypto after FTX.
- [IPOR Index Smart Contract and Rate Update](https://ipor.io/blog/ipor-index-smart-contract-and-rate-update-77dc5c04f910.md) (2022-12-02, Technology): The IPOR calculation smart contract is being upgraded after Ethereum Merge-related changes in Compound.finance infrastructure.
- [USDT Swap Pricing Model Update](https://ipor.io/blog/usdt-swap-pricing-model-update-15114d1c569b.md) (2022-11-17, Technology): A quick review of the newly applied IPOR USDT spread pricing model.
- [FTX Fallout & Volatile IPOR USDT Rates: Stress-Testing the IPOR Protocol](https://ipor.io/blog/ftx-fallout-and-volatile-ipor-usdt-rates-stress-testing-the-ipor-protocol-4c8de64e1dc4.md) (2022-11-15, Research): Reviewing recent CeFi and DeFi market volatility and fine-tuning IPOR Protocol’s swap pricing model.
- [Launching Asset Management](https://ipor.io/blog/launching-asset-management-f9c912a7fccf.md) (2022-11-03, Learn): IPOR Protocol liquidity providers can now enjoy an even higher yield generated by the most secure DeFi money markets.
- [Fixed Income in DeFi: Risk Management for DAO Treasuries (Part 1)](https://ipor.io/blog/fixed-income-in-defi-risk-management-for-dao-treasuries-part-1-5842d8e29f04.md) (2022-11-01, Research): DAOs are the fixed-income funds of DeFi. As such, they need better financial tooling to manage risk and ensure their long-term sustainability.
- [IPOR App Update: Portfolio and Statistics](https://ipor.io/blog/ipor-app-update-portfolio-and-statistics-b17604d219c1.md) (2022-10-27, Technology): IPOR Protocol traders and liquidity providers can now enjoy a range of UI improvements to make informed decisions
- [IPOR Protocol Architecture Overview](https://ipor.io/blog/ipor-protocol-architecture-overview-f9d35ac47ad.md) (2022-10-25, Technology): Here is how the IPOR Protocol delivers a traditional finance vanilla interest rate swap experience in DeFi.
- [IPOR App Update: User Interface 2.0](https://ipor.io/blog/ipor-app-update-user-interface-2-0-c450290d1a18.md) (2022-10-20, Technology): The IPOR Protocol web interface was upgraded for a more user-friendly experience. Here’s an overview of the main improvements and new features.
- [High Interest rates: The Arbitrage between DeFi and TradFi rates.](https://ipor.io/blog/high-interest-rates-the-arbitrage-between-defi-and-tradfi-rates-b394424a56cd.md) (2022-09-28, Research): The Traditional Finance (TradFi) interest rates and Decentralized Finance (DeFi) interest rates have been in a historical inversion for the past two months. Let’s look at the data and do a deep dive into the topic.
- [Real Yield and Risks in IPOR Protocol](https://ipor.io/blog/real-yield-and-risks-in-ipor-protocol-e987008f269e.md) (2022-09-20, Learn): The prevailing narrative (and meme) in DeFi is real yield. Let’s discuss what this means and the potential risks for IPOR LPs.
- [DeFi Interest Rates Report | September 2022](https://ipor.io/blog/defi-interest-rates-overview-by-ipor-labs-baf0ebf8181f.md) (2022-09-17, Research): Trading in a crypto winter.
- [Development Update — Road to mainnet](https://ipor.io/blog/development-update-road-to-mainnet-681bd503c897.md) (2022-08-16, Technology): An overview of the long tail of tasks that need to be finalized before Mainnet launch.
- [What is the Inter Protocol Over-block Rate (IPOR)?](https://ipor.io/blog/what-is-the-inter-protocol-offered-rate-or-the-ipor-1f4d71407160.md) (2022-04-21, Learn): Have you ever wondered:
- [The Inter Protocol Over-block Rate Manifesto](https://ipor.io/blog/the-ipor-manifesto-25cc5ffc4edd.md) (2022-01-11, Learn): We believe that blockchain and crypto markets enable global, accessible, and free markets.
- [IPOR VS LIBOR](https://ipor.io/blog/ipor-vs-libor-d6c046a8f5b4.md) (2021-12-09, Learn): Now you might be wondering, “What on earth is LIBOR?” Why do you even need to know about it?
- [Cream Exploit: Is Aave bank run an over-reaction ?](https://ipor.io/blog/cream-exploit-is-aave-bank-run-an-over-reaction-77ebde45e52.md) (2021-11-09, Research): Firstly, what is IPOR? IPOR is the benchmark borrowing rate between borrowing/lending protocols.
- [So Why is IPOR the Heartbeat of DeFi?](https://ipor.io/blog/so-why-is-ipor-the-heartbeat-of-defi-4ee63d2851d3.md) (2021-09-30, Learn): It has everything to do with the interest rates!
- [Why IPOR? In a Credit-fueled DeFi Market, Stability is the Growth Driver](https://ipor.io/blog/why-ipor-in-a-credit-fueled-defi-market-stability-is-the-growth-driver-ae61204b15a3.md) (2021-09-27, Learn): Blockchain in its current construct has been in existence for roughly 12 years. In that time it has evolved from Bitcoin as a cypherpunk’s anarchistic alternative monetary system, into more complex systems such as…