Uploaded August 2025 | Updated September 2026, 2 weeks ago
What if blockchain technology could be as seamless as swiping a credit card or streaming your favorite show? In this episode of The Defiant Podcast, we sit down with Prabal Banerjee, co-founder of Avail and Former Research Lead at Polygon, to explore how he’s working to make that vision a reality. Prabal shares his insights on tackling some of the biggest challenges in the blockchain space, from data availability and scalability to fragmentation and user experience. His mission? To make blockchain invisible to the end user.
We also dive into the multichain future and why interoperability is the key to mass adoption. Prabal explains how Avail is building the infrastructure to unify the fragmented blockchain ecosystem and shares exciting news about Avail’s acquisition of Arcana, a move that could redefine how developers and users experience Web3.
Chapters:
00:00 Imagine a seamless blockchain world: Introducing Prabal Banerjee and today’s themes
02:18 What is Avail? Tackling scalability and fragmentation in a multichain world
03:55 Why fragmentation matters: The case for interoperability over single-chain dominance
08:11 Making blockchain invisible: Lessons from Web2 and the user experience problem
10:04 Bridging pain points: Why blockchain meta-interoperability is the future
16:16 The role of wallets and abstracting complexity for mass adoption
25:08 Interoperability between rollups and sovereign chains: Unlocking new possibilities
36:02 Beyond 8 billion users: The rise of agents and verifiable internet interactions
40:48 Avail’s acquisition of Arcana: What it means for developers and users
50:02 Lightning round: Blockchain problems, overhyped trends, and Prabal’s favorite chain
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#TheDefiant #DeFi #Decentralized #Finance #Blockchain #Web3
What if blockchain technology could be as seamless as swiping a credit card or streaming your favorite show? In this episode of The Defiant Podcast, we sit down with Prabal Banerjee, co-founder of Avail and Former Research Lead at Polygon, to explore how he’s working to make that vision a reality. Prabal shares his insights on tackling some of the biggest challenges in the blockchain space, from data availability and scalability to fragmentation and user experience. His mission? To make blockchain invisible to the end user.
We also dive into the multichain future and why interoperability is the key to mass adoption. Prabal explains how Avail is building the infrastructure to unify the fragmented blockchain ecosystem and shares exciting news about Avail’s acquisition of Arcana, a move that could redefine how developers and users experience Web3.
Chapters:
00:00 Imagine a seamless blockchain world: Introducing Prabal Banerjee and today’s themes
02:18 What is Avail? Tackling scalability and fragmentation in a multichain world
03:55 Why fragmentation matters: The case for interoperability over single-chain dominance
08:11 Making blockchain invisible: Lessons from Web2 and the user experience problem
10:04 Bridging pain points: Why blockchain meta-interoperability is the future
16:16 The role of wallets and abstracting complexity for mass adoption
25:08 Interoperability between rollups and sovereign chains: Unlocking new possibilities
36:02 Beyond 8 billion users: The rise of agents and verifiable internet interactions
40:48 Avail’s acquisition of Arcana: What it means for developers and users
50:02 Lightning round: Blockchain problems, overhyped trends, and Prabal’s favorite chain
Explore The Defiant ✨
📰 Website
thedefiant.io
✉️ Free Daily Newsletter
https://thedefiant.io/newsletter/defi...
🤑 Weekly Premium Newsletter
https://thedefiant.io/newsletter/defi...
✊ Follow The Defiant
X/Twitter: https://x.com/DefiantNews
📬 Contact our Newsroom
editorial@thedefiant.io
🤝 Sponsorships & Partnerships
sponsors@thedefiant.io
#TheDefiant #DeFi #Decentralized #Finance #Blockchain #Web3










![🟢 LIVE: Building Paragon: Perps Market on Hyperliquid
Paragon wants to build a ticker factory on Hyperliquid: perpetual futures for anything that can be measured, launched as soon as the trade becomes relevant. Taha El-Magbri, founder of Paragon, joins The Defiant to explain how it works.
Paragon launched with three crypto-native indices — a Bitcoin index, a total market index, and an altcoin index — built to trade like SPY or QQQ options: a way to bet on, or hedge, crypto risk appetite as a whole. The project runs on HIP-3, Hyperliquids framework for permissionless futures listings, which requires deployers to stake 500,000 HYPE that can be slashed if they fail to deliver core exchange infrastructure.
We discuss:
Paragons index products and how traders use them
Why the team built on Hyperliquid and HIP-3 instead of bootstrapping its own exchange
Running in-house oracle infrastructure and onboarding a top market maker
Competition among HIP-3 deployers as open interest grows from $1B to ~$3B
Whether Hyperliquid killers like Aster and Lighter pose a real threat
The CFTCs posture on crypto perps and a possible US pathway for Hyperliquid
Why perps keep winning: removing friction from options and futures trading
Whats next — including whether compute can be perpified
No Paragon token yet: why the team is following the Hyperliquid buyback playbook
Follow [guest handle] and Paragon: [links]
📰 Subscribe to The Defiant newsletter: https://thedefiant.io/newsletter
🌐 Read more: https://thedefiant.io 🟢 LIVE: Building Paragon: Perps Market on Hyperliquid](https://i.ytimg.com/vi/f-aO3MJoRzU/mqdefault.jpg)