1inch Co-Founder Sergej on Building the Future of DeFi Infrastructure
Speakers
Sergej Kunz
— Head of Research, 21Shares
Summary
Sergej Kunz discusses Bitcoin recovery, institutional DeFi adoption, UX challenges, security, AMM innovation with Aqua, and AI agents as future users. He expresses a bullish view on Bitcoin, noting it has bottomed and can only go up. The conversation also covers Ethereum's direction, liquidity fragmentation, and the need for better user protection.
- Bitcoin is recovering and has likely bottomed, according to Sergej Kunz.
- Institutional interest in DeFi is growing and exceeding retail interest.
- User experience and MEV protection are key challenges for DeFi.
- Security vulnerabilities in web2 infrastructure are a risk for crypto protocols.
- 1inch's new Aqua protocol aims to improve liquidity efficiency and utilization.
- AI agents are expected to become the next billion users in crypto.
- Sergej Kunz uses AI tools extensively for rapid prototyping and development.
- The conversation covers Ethereum's potential to refocus on L1 and reduce fragmentation.
Trade Ideas
Bitcoin can only go up after bottom.
Bitcoin has already bottomed and is recovering, as seen from the drop from 125k to 65k and now back to 73k. The price is an indicator of global events and can only go up from here.
Up Next
This The Block video, published April 25, 2026, features Sergej Kunz discussing BTC. 1 trade idea extracted by AI with direction and confidence scoring.
Speakers: Sergej Kunz · Tickers: BTC