A common question with the adoption of LSTs is whether or not they will become more prevalent in AMM pools vs their native, non-yield bearing counterpart. In Ethereum, all AMM’s utilize WETH as the base pair and enables it as the main routing token (... Read more

Heavily inspired by Tamagotchi digital pets, Aavegotchis are NFT collectibles that enjoy the on-chain benefits of DAOs, DeFi, and gaming. Aavegotchi was birthed from an Aave ecosystem grant and resides within Ethereum’s leading side chain, Polygon.... Read more

Recent Research 📊 NFT Photography and the Future of Digital Art – 4/5 The NFT photography market grew to nearly $200M in 2021 alone, rivaling the size of the traditional fine art print photography market. Overall volume for photography NFTs is d... Read more

Arbitrum Budget and Foundation Given the fiasco around Arbitrum’s first governance vote, I want to highlight two recent posts in the governance forum. The first proposal, AIP 1.1, proposes a lockup, budget, and transparency reporting for the Arbitru... Read more

Stanley Druckenmiller — “Druck” — needs no introduction, but we’ll go ahead with one anyways. Druck is one of the most prolific investors ever. Many young traders consider him to be da GOAT. He’s renowned for his consistent performance, ability to a... Read more

Perpetual swaps/futures are the most dominant trading instrument in crypto. DeFi, CeFi it doesn’t matter — everyone wants perps. They’re incredibly useful for both retail and institutional investors. It’s perhaps the easiest way to access delta-one l... Read more

The ubiquity of smartphones and social media platforms has revolutionized visual storytelling, with photographs playing a central role in this transformation. NFTs have emerged as a potent resource for photographers, empowering them to safeguard and... Read more

During trending periods, it is always important to continually assess the health, strength and likelihood of continuation or reversion of the trend. The trend for much of 2023 has been up only, albeit with a few hiccups along the way (namely the rece... Read more

US 2yr Treasury yields have fallen another ~25bps this week, marking one of their sharpest 20-day drawdowns on record. The last time we saw a move like this was mid-March 2020, and before that you’d have to go back to 2008. On a percentage basis, th... Read more

Lens Protocol is one of the pioneering on-chain social graph projects that exist in Web3 today. Their Lens Protocol Profile NFT also saw the highest volume on 27 March with more than 123 ETH in volume and an average sale price of 0.127 ETH, signalin... Read more