While NFT markets have been quiet, there have been a lot of interesting activity on the lending front. If you’re looking for signal in the NFT markets, that’s often one place to look. Cirrus watches the lending markets closely. This one really caugh... Read more

Rune (Maker founder) caused quite a stir on CT the other day with his proposal to begin development on a Maker appchain based off of the Solana (SVM) codebase. This tweet has reached >1M views in a few short days and numerous discussions. First, a qu... Read more

Bitcoin Twitter, a sub-set of Crypto Twitter focused on discussing, debating, and fighting about Bitcoin, has recently revived a controversial discussion around Bitcoin sidechains. Initially proposed by Paul Sztorc through BIP 300 and 301 around 2017... Read more

As we watch the market selloff heading into the weekend, further caution may be warranted. I’ve been noting the elevated risk of another downward move, and Jason’s been warning of another leg lower after the liquidation-driven selloff we saw a couple... Read more

A little over 24 hours ago, Yuga Labs announced that Legends of the Mara (LoTM), an intermediary title within the Otherside ecosystem, would launch its open Beta sometime in September. The game, which can be viewed as a (potentially) fun distractio... Read more

In our Reflecting on EthCC report, we mentioned how most of the crypto discourse has been about the infra layer as opposed to the application layer. Friend.tech, a new social app launched on Coinbase’s rollup Base, has proven to be an exception to t... Read more

Voltz has had a difficult few months since our report back in May. After being live for over 12 months with no real issues, Voltz suffered two insolvencies that have derailed its momentum. On the 21st of June, the GLP-ETH rate shot up from 10% to ~5... Read more

Recent Research 📊 Opportunities in Web3 Mobile Gaming – 8/29 The most recent estimates state that by the end of 2023, there will be a total of 3.38B gamers, and this number will grow 12% to reach 3.79B by 2026. Out of those 3.38B, more than 80% a... Read more

Maker’s RWA vault sees another 1.84M default from ConsolFreight following HarbourTrade’s default. Is this something to be worried about? By segmenting them into their various loan types, we see that Maker has a large concentration of DAI loans used... Read more

Price swings in crypto may seem absurd, but they’re nothing compared to the swings in sentiment and emotions displayed on Crypto Twitter. BTC experienced a 20% drawdown from the local top at $31.7k set in July. That drawdown percentage is now about 1... Read more