The market expects the Federal Reserve to pause its rate hikes at today’s meeting after ripping off 10 consecutive hikes. Note: the big drop circa March 9 was due to the collapse of Silicon Valley Bank This would mark the first pause since the Fed... Read more

By delving deeper into the trading patterns of Blur and OpenSea Pro users, we can discern notable distinctions in their user bases. It is evident that Blur’s user base tends to engage in larger-sized trades, likely attributed to the attractive BLUR... Read more

When researching Jito for the Solana report we noticed a recent uptick in MEV, and what looked like an outlier epoch with 142 SOL in MEV rewards paid. Since then, that epoch looks like anything but an outlier, but rather the start of a new trend. C... Read more

We’ve had like 12 hours to sit on the Uniswap v4 core whitepaper and what it entails. Jordan gave us a fantastic overview of the high-level functionality v4 brings to the table. From Twitter, it seems like some people found v4 underwhelming, others... Read more

Lending and borrowing on an vanilla DeFi money markets has a PvP element to it. Borrowers and lenders both want to extract as much returns as they can. Sometimes, it can take a turn into an outright PvP situation. We’re currently seeing that play out... Read more

This month’s musing will be devoted to analyzing vibes. You might think, what’s the point of wasting time on, uh, “vibes?” Shouldn’t we focus on more important stuff like numbers, charts, and math? Well, no. Until GPT-5 takes all of our jobs, and we... Read more

Uniswap v4 was announced today, ushering in the next chapter of decentralized exchange design. Uniswap v4 can be boiled down to two key improvements: hooks and advanced architecture. Hooks Hooks are external contracts that allow for customized par... Read more

Ethereum remains the dominant blockchain in terms of NFT sales, with nearly 59% of all NFT sales volume originating from it. Bitcoin takes 2nd place this month with a 19.2% volume share as Bitcoin Ordinals and BRC-20 tokens continue to gain steam. S... Read more

Looking at daily active users, OpenSea maintains a dominant position and accounts for 57% of NFT users today. Blur trails behind with a 26.2% share, while the remaining marketplaces collectively contribute 16.8% to the user market share. Notably, t... Read more

There’s been an uptick in the NFT market recently. Are we on the brink of another NFT bull run? Let’s see what the data tells us: Firstly: Number of weekly active traders. This is a proxy for how many folks are actively participating in the NFT sp... Read more