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30th June 2023

Jason Pagoulatos
Jason Pagoulatos

Low Vol Regime Persists; Vol Sellers Rejoice

With all the events that have transpired so far in 2023, it might come as a surprise to read that the last 6 months has actually been one of the lower volatility regimes we’ve experienced in crypto in recent years. This can be visualized in the below...
Michael Rinko
Michael Rinko

Charts of the Week (6/30)

Welcome to the first installment of Charts of the Week, a new weekly series where we cover the coolest charts in the world. Shoutout to Delphi’s resident gigabrains — Ashwath and Jason — for the inspiration behind this format. And without further ad...

A Primer for Fully On-Chain Games

If you believe blockchain’s role in gaming is to evolve beyond an incremental value add, then a natural path of progression for many projects will be towards an end-state that is fully on-chain. This transition of state will subsequently lead to a me...

MAV Token Takes Flight

Maverick’s MAV token launched on June 27, flying largely under the radar. This is unexpected for such a promising project, right? For starters, 1.5% of the token supply was allocated to a Binance launchpool. Roughly 80% of the MAV token’s volume is...
Virtual liquidity and virtual pricing designs are really interesting DEX models. They give you an easy way to price assets. The virtual liquidity model has no real asset backing and tries to mimic liquidity depth to create healthy market dynamics. Th...
Ceteris
Ceteris
Polygon announced their new vision in “Polygon 2.0”, a sort of mash-up between the Optimism and Arbitrum stacks along with Cosmos’ Interchain security. Essentially, you have 4 layers: Staking, Interop, Execution and Proving The staking layer will be...
June’s option expiry is pretty important in the grand scheme of things. It marks the end of the first half of the year. So there are weekly, monthly, and quarterly options that expire. This month, we have close to $5B of BTC options expiring and $2....
Teng Yan

The TL;dr on Azuki's Elementals mint, and the plans ahead

Azuki held a discussion with their community just an hour ago on Discord, to address the uproar around the recent Elementals mint and future plans. TL;dr on what happened this week: Azuki raised $38M from their own community by selling out their E...

29th June 2023

Joo Kian
Joo Kian

Cancun Upgrade Incoming, EIP-4844 to Benefit L2s

The Shanghai upgrade provided significant benefits to Liquid Staking Derivatives (LSDs) and mitigated the uncertain duration risks for stakers. The forthcoming Cancun upgrade will introduce EIP-4844, a crucial enhancement designed to boost the scalab...
It’s been a few weeks since Uniswap v4 was announced and the core whitepaper was released. There are lots of opinions, but a few that stick out. One of the biggest design differences is the move from a multi-contract to single contract model. In v3,...