Blend is a novel peer-to-peer lending protocol developed by Paradigm researchers and implemented by Blur that allows users to borrow ETH by leveraging their NFTs. What sets Blend apart from other lending protocols in the NFTfi space is its unique de... Read more

In early February, we wrote about the turnaround in the global liquidity cycle and its influence on the market’s strong start to the year. Since then, the broad crypto market is up ~14%, largely driven by BTC and ETH, which have gained 25% and 15%,... Read more

Ethereum activity is skyrocketing as memecoins take off. Memecoins are pervasive. They’re on Ethereum mainnet, L2s, and other chains. But the ones on Ethereum are the ones going wild right now. With EIP-1559, all Ethereum activity translates to a ma... Read more

Google search trends indicate that queries for Sui Network have reached an all-time high in anticipation of its mainnet launch tomorrow. This well-awaited Layer 1 launch presents an opportunity to delve deeper into the token economics and determine... Read more

Welcome to another edition of Delphi’s monthly Gaming Roundup! Despite the broader crypto market performing quite well in April, with ETH making a run past $2,000, the Web3 gaming sector continued to follow a downward trend. This report will add col... Read more

Numerous Cosmos protocols have coordinated on Twitter today hinting at something being released tomorrow. Being as all of the images are of trains, it’s likely implying something to do with a cross-chain development. More specifically, Axelar, the pr... Read more

So far, 2023 has been a great year, and one of reprieve for risk assets in the wake of what can only be categorized as a catastrophic 2022. Murmurs and echoes of ‘we’re back baby’ have been heard floating through social media circles. With April now... Read more

There was a consensus view that Shanghai would be a “sell-the-news” event. And although that didn’t catalyze immediately, the market is starting to move lower. Some people believed we would see a large swathe of validators unstake and sell their ETH.... Read more

Many have cited this year’s equity gains as artificial because the top stocks in major indices like the S&P 500 are responsible for a lot of the heavy lifting. But that doesn’t mean the outlook for equities is bearish. A recent note from Bespoke Res... Read more

Renegade and Penumbra are the two relatively mature private DEXs to launch soon. Both projects are very innovative and only rely on cryptographic assumptions for privacy (no TEEs). Below are some notable differences in their tech stack. Penumbra is... Read more