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6th July 2023

Delphi Roundup | July 5th

Recent Research 📊 June Gaming Roundup – 7/3 The QoQ change in token trading volume has fallen by 44% across the top 10 gaming tokens by market cap. Overlord will launch its first Web3 game using ImmutableX’s blockchain infrastructure later this...

5th July 2023

June Gaming Roundup

Welcome to another month of Delphi’s Gaming Roundup. This month’s report represents the end of Q2 ’23 and the start of H2. Here’s what you can expect from this month’s Roundup: Web3 game funding has fallen ~30% consecutively over the past 3 quart...
Aaron D.
Aaron D.

This Week’s Forum Threads (July 5th)

Balancer, Beethoven X, and Aura Moving on OP Beethoven X, Balancer’s friendly fork on Optimism, has proposed Balancer modify its protocol fee and core pool framework to better leverage Aura’s upcoming Optimism launch in a bid to become the dominant...
Michael Rinko
Michael Rinko

ETF Tea Leaves

Okay, okay, okay, I need an ETF. I can’t take this anymore. Every day I’m checking the price and bad price. Every day I check CT for news, no news. I can’t take this anymore. I have over-invested (in BlackRock stonk) by a lot. It is what it is, but I...
1inch’s team just sold approx. 11K ETH (or $20.9M as of now) worth of 1INCH tokens about an hour ago. Any time a team or foundation has tokens, you should conservatively consider that imminent sell pressure. When and how is a larger question that no...

Alpha Feed Picks for June 2023

Every month, I plan to aggregate my favorite Alpha Feed posts of the month. Here’s a highlight some of the best insights I think our team put out in June. OI = Effort by Jason In this post, Jason outlines how people often misinterpret market struct...

4th July 2023

Joo Kian
Joo Kian

The True Battle of DEXs - Gas Optimization

Executing a swap on Ethereum can pose a significant concern for traders due to the expensive gas expenses. Fortunately, this issue is mitigated to a certain extent by DEX aggregators that optimally determine the most profitable route, taking into acc...

Game Funding Continues To Fall Into Q3

Blockchain game funding metrics have fallen, on average, by 30% QoQ since Q4 2022. The number of deals funded has “only” dropped by 16% from Q4, and 21% from Q1. When we zoom in on Q2, we did see a slight increase in the total funds raised by 59% (...
Teng Yan
Leverage is a double-edged sword. Many NFT folks don’t come from a finance background and their first introduction to crypto is through NFTs. And there was hardly any leverage in the previous NFT bull run. So they are just beginning to understand th...

3rd July 2023

Maker Embraces Protocol Owned Liquidity With "Smart Burn Engine"

MakerDAO is home to DeFi’s largest native stablecoin. And while the MKR token has been the subject of many jokes on crypto Twitter, a recent governance proposal promises to bring a flavor of value accrual that MKR holders are used to. Ten days ago,...