The Index Podcast Bitcoin’s Next Frontier, DeFi’s Future & On-Chain Finance | VEDA Co-founder Sun Raghupathi
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May 16, 2025 Sunand Raghupathi, Co-founder and CEO of VEDA, dives into the world of DeFi and its transformative potential for on-chain finance. He discusses his shift from academia to crypto and the creation of a user-friendly platform with a focus on transparency. Raghupathi explains how VEDA integrates cross-chain capabilities to uncover yield opportunities while ensuring safety through verifiable constraints. He shares insights on market dynamics in Solana, the untapped potential of Bitcoin in DeFi, and why he believes the space is more robust than ever.
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Package DeFi As Consumer Products
- DeFi primitives are backend infrastructure and must be packaged for consumers.
- VEDA packages yield into simple, non-custodial vaults so users can access DeFi safely.
Rapid Vault Adoption
- VEDA reached north of $2B TVL and 100k users within ~a year of launching in March 2024.
- Vaults regained popularity and became table stakes across many DeFi protocols.
Make Yield Transparent And Verifiable
- Put yield products on-chain to provide transparency and prevent opaque failures like Celsius or FTX.
- Bake verifiable constraints into smart contracts so users can audit risk and allocations.