Alisa Davidson
Printed: October 08, 2025 at 10:21 am Up to date: October 08, 2025 at 10:21 am
Edited and fact-checked:
October 08, 2025 at 10:21 am
In Temporary
The Hack Seasons Seoul Alternative Mixer explored methods for resilient DeFi initiatives, institutional adoption, and community-driven progress within the cryptocurrency and Web3 ecosystem.

On September twenty fourth, Hack Seasons hosted the Alternative Mixer in Seoul, bringing collectively founders, buyers, and members of the crypto group to debate the important thing developments influencing the Web3 and cryptocurrency panorama immediately. One of many featured panel discussions, titled “Bull Market Survivors,” was moderated by Will, Progress Accomplice at Credit score Scend, and included audio system comparable to Tika, Head of World Worldwide Enterprise Growth at KuCoin; Wilson, CEO of Honeypot Finance; Kris Lai, Co-Founder and CEO of Scallop; Hannah, World Partnerships at beraBTC; and Kenny Li, Founding father of Manta Community. The session centered on methods for navigating unstable markets and insights into constructing resilient, long-lasting initiatives.
The dialogue started by addressing the problem of TVL and fragmented liquidity in decentralized finance (DeFi), and the way sure firms are tackling issues that others can not. Wilson from Honeypot defined that TVL is a major problem as a result of DeFi largely depends on output-based fashions, which require liquidity to be actively used on decentralized exchanges. If tokens aren’t being traded, no APY is generated. Honeypot addresses this with a specialised method: a swap incentivization plugin that immediately rewards customers for participation, and a system that reinvests buying and selling charges acquired by liquidity suppliers into numerous lending protocols, additional boosting yields. This mixture is their answer to the TVL problem.
A speaker from Scallop described how their lending protocol differentiates itself within the DeFi panorama. Constructed as a next-generation cash market on the Sui blockchain, Scallop employs a novel mannequin that separates lending belongings from collateral belongings. This ensures that lending belongings are all the time obtainable for loans whereas collateral belongings are shielded from being borrowed, permitting the protocol to keep up ample liquidity for potential liquidations. This method gives one of many strongest threat administration frameworks within the trade. Scallop additionally provides a lending spinoff referred to as Scallop Market Cash, the place customers lending USDC obtain sUSDC, which might be reused throughout the protocol to maximise effectivity. Moreover, their voting escrow (VE) mannequin permits institutional customers or household workplaces to optimize cryptocurrency publicity with excessive safety and sturdy threat administration.
The dialog then shifted to how Manta Community approaches creating sustainable but engaging incentives for each customers and establishments amid rising crypto adoption. Kenny Li defined that as a Layer 2 community, Manta is especially centered on DeFi yield for institutional funds. These establishments typically come from conventional finance and might not be accustomed to DeFi mechanics, comparable to token swaps and yield loops. Manta goals to translate acquainted monetary instruments onto the blockchain whereas leveraging on-chain mechanics to generate yields which might be 10 to twenty occasions larger than conventional index funds. By combining institutional familiarity with the advantages of decentralization, Manta gives a approach for conventional gamers to entry Web3 yields in a safe, scalable method.
Bridging TradFi And Crypto: KuCoin, Manta, And beraBTC Talk about Institutional Adoption And DeFi Innovation
The dialog then shifted to the position of exchanges in bridging conventional finance with cryptocurrencies. Tika from KuCoin mentioned how the platform is adapting to the evolving regulatory panorama of the cryptocurrency sector. Over the previous two years, establishments have more and more participated within the bull market, getting into the crypto house as regulatory frameworks improved. KuCoin has positioned itself as a gateway for these establishments, sustaining ongoing dialogue with regulators to make sure compliance and replace related licenses.
Kenny Li from Manta shared his perspective on the evolving relationship between centralised finance (CeFi) and DeFi over the following 5 to 10 years. Within the brief time period, spanning two to 5 years, conventional banks might battle to seize on-chain yield alternatives, and their current fashions typically return solely a portion of the worth generated from buyer funds. DeFi, in contrast, is fully user-owned, providing aggressive alternatives for larger returns. As institutional participation grows, consciousness of some great benefits of on-chain exercise is more likely to enhance, doubtlessly shifting consumer preferences from conventional banks to DeFi platforms providing 10-15% yields. Over an extended horizon of 5 to 10 years, Li recommended, the very idea of banking could possibly be essentially reworked, forcing conventional monetary establishments to reevaluate their position available in the market.
The dialogue additionally touched on safety measures carried out by Scallop and examined the rising Bitcoin and BTCFi infrastructure. Honeypot highlighted how communities and DAOs can leverage the platform to bootstrap their very own token liquidity, creating decentralized alternatives for engagement.
The panel concluded with Hannah from beraBTC offering her outlook on the BTCFi ecosystem over the following one to 2 years. She emphasised efforts to convey extra Bitcoin on-chain whereas increasing participation amongst particular person customers and communities. Current initiatives, comparable to a ten,000-node sale involving over 3,000 members, enable group members to mine and immediately personal Bitcoin. Hannah famous that these efforts are aimed toward rising particular person possession and engagement with Bitcoin within the brief time period, highlighting the rising position of community-driven initiatives alongside institutional involvement.
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About The Writer
Alisa, a devoted journalist on the MPost, focuses on cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a eager eye for rising developments and applied sciences, she delivers complete protection to tell and have interaction readers within the ever-evolving panorama of digital finance.
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Alisa, a devoted journalist on the MPost, focuses on cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a eager eye for rising developments and applied sciences, she delivers complete protection to tell and have interaction readers within the ever-evolving panorama of digital finance.

