Idex is a decentralized perpetual exchange combining an off-chain engine (order book, matching, liquidation) with on-chain settlement.

The protocol is deployed on its own L2 (XChain), like other perpetual exchanges, such as Hyperliquid and Aevo, which have opted to deploy custom-designed networks that allow for optimized transaction sp

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Over the past month, Runes have emerged as the dominant force in the Bitcoin token market, significantly outpacing BRC20 transactions and other inscription-based token standards. While notable, this shift in the market landscape is not without its challenges, as Runes’ momentum has recently shown signs of stalling – with ramifications for

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Earlier this week we published our weekly note, Market Musings. In this note, we revisited a market structure/trading concept known as low volume nodes and how they may influence near term price action. In short, low volume nodes are areas in which significantly less volume has been transacted relative to other other areas. An example of

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To anyone interested in the intersection of Crypto and AI, I found this piece by Dmitriy Berenzon at Archetype to be an excellent primer on one primitive likely to ride the coattails of the current LLM boom: Verifiable Compute.

The AI Server market is exploding…

And the value of model-as-a-service rentals and applications to be bui

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Prediction markets are contract-based markets that track the outcome of specific events.

Traders buy shares in a market (priced 0 < x < 100), and depending on the event’s outcome, those shares are either worth 0 or 100.

1. A market is created to determine if the price of Ethereum is >= 3500 at the end of October.

2. YES, shares are selling

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Blackwing is a modern decentralized exchange abstraction layer built on top of Initia that aim to provide liquidation-free trading via limitless pools.

Building on top of Initia allows protocols to have users from any chain as Initia abstracts away the bridging process and creates a singular, unified chain.

Through limitless pools,

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Once known for being one of the most iconic rugs of the last NFT cycle, Pixelmon has seemingly risen from the ashes after its IP was acquired by LiquidX, a crypto native venture fund turned operator, in September 2022.

In spite of its infamous origin story, with >$70M in total capital raised and after almost two years of building, the new

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Imagine: You’re scrolling on Instagram and see a post from your favorite influencer wearing a hoodie from an up-and-coming brand. You love the design and tap the photo to see the price. Another click and you’re reading the product description page. A few seconds later, you decide to buy the hoodie, so you approve the transaction with Fa

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Hayes posted a new article on his substack a few days ago, and I recommend you read it if you haven’t already. Like many of Hayes’ writing these days, the post is very macro-focused, this time on the crisis surrounding the yen. 

The recent decline in the yen against the USD and CNY has set off alarm bells. This significant devaluation po

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dba released all of their talks from their recent research day and I watched them all. While they are all good, there are a lot and a big time sink so I wanted to list my top 5 here.

 

1. We’re all Building the Same Thing (Josh Bowen, Astria): https://www.youtube.com/watch?v=5809YJpbhFg This was done by Josh Bowen from the Shared Sequencin

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