Pudgy Penguins has given new life to Rogs, which was previously known as Pudgy Presents that failed as an airdrop NFT during the last Christmas season. Now, Rogs has been reimagined as a utility NFT that will function as a multiplier for specific lic... Read more

We’re about half a day into Shanghai now and it’s going pretty much as we would have expected. Let’s take a look at some of the key metrics. 1) Total exits so far ~21k validators (~4% of validators) source: parsec 2) Majority of exits are from Kra... Read more

Historians don’t agree on much, but they do agree that the telegraph, railroad and steam engine were all transformative technologies — the kinds of technologies that don’t occur very often throughout history. In fact, historians even came up with a... Read more

Recent Research 📊 Uniswap’s Fee Switch – 4/11 If Uniswap were to activate the fee switch, how much would UNI token holders stand to benefit? Based on our assumptions, estimates, and analysis, the fee switch’s ultimate impact may be underwhelming.... Read more

1inch Shielding 1inch has received a proposal from DAOplomats.eth to upgrade 1inch’s voting with shielding. The shielded voting upgrade is a Shutter implementation on Snapshot and would help protect voters from front running and MEV. Shutter protect... Read more

It wasn’t until 2020, around the launch of Uniswap (v2), that AMMs began to gain widespread adoption and siphon meaningful market share from their centralized counterparts. One of the core tenets behind the emergence of DeFi was and still is Uniswap... Read more

In March, Ethereum solidified its leading position as the top blockchain for NFTs, accounting for $486 million (72.8%) of the total NFT sales volume settled in the last 30 days. Solana followed in second place with $96 million (14.4%), and Polygon c... Read more

The Monthly Chartbook is a collection of interesting charts and trends we’re watching across crypto and markets. This month’s edition focuses on: Monthly Market Musings Macro Outlook Crypto Market Review: Market Structure & On-Chain Observations... Read more

The weird thing about financial markets is sometimes they’re totally out of sync with the day-to-day reality you and I experience. While unintuitive, this is natural as markets reflect not only the present, but also the future. Markets are a discoun... Read more

The average trading volume across the top 10 gaming tokens by market cap increased by 82% compared to last quarter. This is largely thanks to an increased in attention toward high-risk assets. However, there was no shortage this quarter of notable m... Read more