Lens is one of a handful of protocols building an on-chain social graph. Incubated and developed by the team at Aave, Lens has found considerable usage after launching on Polygon PoS. Over 2023, Lens has seen daily users grow from one plateau to a h... Read more

Yuga Lab’s Twelvefold auction concluded this afternoon. All 288 of their first-ever ordinal collection sold out over 24 hours of bidding at an average price of 2.55 BTC per Ordinal. As the first significant brand inscribed Ordinals on Bitcoin, I spen... Read more

bLuR’S tRaDiNg acTiViTIeS aRe aLL fAkE, iTs wAsH tRaDeS! Is this statement true? We take a closer look below. Based on @hildobby’s magical querying filter, we can see that a mere 11% of traded volume was flagged as wash trading throughout Blur’s exi... Read more

It can be easy to become overwhelmed by the sheer amount of information in the space – especially regarding governance. As such, I decided to help cut some signal from the noise and present two governance threads I recommend people follow: Aave’s GHO... Read more

Liquidity conditions for NFTs today are highly exceptional. I don’t expect this to last forever — real interest in NFTs is still limited today. The massive liquidity on Blur likely starts to taper off from here. What are the implications? There is... Read more

Recent Research 📊 Radiant Capital Finds Initial Traction, But Will It Sustain? – 3/1 While money markets like Aave exist on many different blockchains, they don’t have full cross-chain functionality. Radiant v1 leverages Stargate’s stable router i... Read more

yes! RLN (Rate Limit Nullifier) is is not an application but a novel building block for anonymous, permissionless environments. As it’s name suggest, RLN has the ability to rate limit anonymous activity per user w/o necessarily requiring an economic... Read more

In one of my prior posts, I mentioned how users complain that Urbit needs more apps. The complaints are most likely an issue with app discovery, as the Urbit ecosystem is growing in leaps and bounds. So in this post, I briefly highlight one such upco... Read more

A brief discussion on 0N1 Force As one of the earliest anime themed side-profile collection, 0N1 Force took the NFT market by storm when it officially launched in Aug 2021. The project sold out within minutes and the team became nearly $2M richer ri... Read more

As the fight over user dominance continues in the L2 realm, let’s take a look at monthly active users and more importantly, user retention. In the first image below, we can see that it’s been a great year for Arbitrum, as even without the numerous pr... Read more