In our Market Frameworks reports, I often talk about market imbalances/inefficiencies. A few examples are volume gaps, liquidation events, and time/volume imbalances. In the below example we will look at recent price action demonstrating what time/vo... Read more

“Checks” – the latest NFT art collection by @jackbutcher – is sparking a heated debate on the notion of “notability”. Who decides what becomes notable and what doesn’t? Through its use of memes, this thought-provoking collection delivers a powerful m... Read more

“The prominent risk lies deep in the weeds of the monetary system, with so-called collateral shortages. These are systemic failures of the daisy chains formed in repo markets, which tend to occur during panics… When disorder emerges, as we’ve seen i... Read more

Record tightening in financial conditions was one of the main contributors to last year’s dismal year for markets. No surprise then that the recent loosening in financial conditions has given a boost to risk assets, most notably crypto (and the most... Read more

Bitcoin just printed a golden cross as its 50-day SMA crossed above its 200-day equivalent. We’ve been tracking BTC’s price action relative to how it performed in Q2 2019 and this latest signal marks another similarity between the two periods (see he... Read more

Just a few days after the deployment of Arrakis V2 & PALM, we have one of the more high-profile liquidity mining programs on Uniswap v3 to date. Lyra Finance has decided to move its governance to Ethereum Mainnet to better serve its newly cross-chain... Read more

While still low, jitoSOL started accruing MEV to its liquid staking token over the past 2 weeks. There’s a chicken and egg problem with the Jito validator where searchers don’t want to change their code if only a small portion of validators are runn... Read more

“The latest market rally shares some similarities with Q1-Q2 2019 as well – both periods were preceded by sharp price selloffs and a period of consolidation before strong moves higher. The catalyst for both: changing expectations around previous macr... Read more

Canto is a Cosmos based chain built with the EVM (Ethereum Virtual machine). While they have some aspects like a native DEX, money market and CDP asset, they are best compared to general purpose EVM rollups like Arbitrum/Optimism and L1’s like Polygo... Read more

A shortish video going over a lot of the concepts from the Market Frameworks Report series, most specifically, Following the Market’s Footprints: Order Flow Explained. 1.5-2x speed is recommended... Read more