Loss Versus Rebalancing (LVR) is a metric designed to quantify the impact of adverse selection on AMM LPs. LVR is calculated as the difference between the value of a liquidity pool and a rebalancing portfolio. LVR can be thought of as the best-case s... Read more

NFT floor prices have fallen off the cliff as the majors (e.g., BAYC and CryptoPunks) saw their floor prices plummet more than 10% over the past week. As the tweet rightfully mentioned, there are not enough real buyers and too many real sellers. Mor... Read more

~12 hours ago, Wildcard Alliance sold 4,444 Genesis Wildpass NFTs for 44 MATIC each (~$48). The collection proceeded to almost 4x, and the floor price is now ~150 MATIC -> 240% above the mint price. The collection sold out seconds after going public... Read more

The Daisy Chain narrative is starting to get more traction in some investor circles. Evidence of a coordinated effort by central banks to stabilize sovereign debt markets starting back in October is stacking up. The October IMF meeting coincided wi... Read more

About two weeks ago we reintroduced the topic of altcoin OI dominance in one of these posts as it pertains to the stages and strength of a predominant trend. A short TL:DR from that post can be found below: At the time of writing the above, altcoin... Read more

NFTs have experienced an explosion in growth over the past three years, but the glaring issue with this new asset class is its long-only nature. If floor prices are not rising, opportunities for profit are scarce. NFTs, by their nature of being non-f... Read more

I recently read this article from Karthik Senthil and Lattice that makes the case for why middleware is required to power true crypto-consumer apps. Middleware is one of the least appealing investment angles in crypto from an ROI perspective, but are... Read more

Here are this week’s forum threads to watch: Arbitrum Suffrage Arbitrum is debating whether to grant voting rights to ARB tokens in liquidity pools or posted as collateral. Currently, ARB holders can only vote with ARB tokens in their wallets. Gove... Read more

Recent Research 📊 Risk Analysis on Centralized Stablecoins – 4/19 Stablecoin issuers must strike a balance between risk and profits or safety and liquidity. USDT’s riskier investments have paid off, as they have $960M in excess assets, primarily... Read more

Juno announced today that they will be leading development efforts and research on mesh security in collaboration with Osmosis. For the uninitiated, mesh security is an alternative to the Cosmos Hub’s interchain security. With ICS v1, also known as r... Read more