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Insights.

Insights from the desk on AI-driven investing, market structure, crypto and DeFi, and the discipline of managing capital. Written by the Capital Park team.

Technology · July 2026 · 8 min

China’s AI ascent: DeepSeek, Qwen and the rise of Kimi

China’s AI industry has grown beyond one DeepSeek surprise. Alibaba’s Qwen has scale, and Moonshot AI’s Kimi now has momentum.

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SPREADPERP FUNDINGSPOTCEFI × DEFI · CARRYJuly insight
Markets · July 2026 · 6 min

The funding-rate premium across CeFi and DeFi

Mapping a persistent spread between perpetual futures and spot across global venues.

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