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21st February 2025

Jonathan
Jonathan

Exploring the HyperEVM

The much-anticipated HyperEVM mainnet was stealth launched earlier this week, opening the doors for a whole new ecosystem of dApps, infra, and tools to build on top of the most dominant DEX in the space. As the “no insiders” ethos and fair launch principles are core pillars of the team, the EVM launch seemed to be a bit lackluster initial

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20th February 2025

Minty
Minty

Why has Sonic been up only?

Sonic’s TVL and price are surging, fueled by robust performance and a solid airdrop program. The main draw with Sonic is that it offers EVM compatibility, high-throughput (10k TPS), fee monetization, and a good incentives program for users searching for yield.

Screenshot3.pngFrom DeFiLlama


S Token Airdrop Program

Sonic is distributing 190.5M S tok

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19th February 2025

Twill
Twill

Diving into Nous Research's DeepHermes-3 Preview Model

Nous Research’s newest product is a fine-tuned version of Meta’s Llama 3.1-8B model, designed to enhance long-chain reasoning, structured function calling, and user-controlled reasoning depth. It is the first model with a toggle-on reasoning feature, allowing seamless switching between fast, intuitive responses and detailed, step-by-step

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18th February 2025

Michael Rinko
Michael Rinko

Sharks and Minnows

Before my time at Delphi, I worked at a centralized exchange. My title was “Research & Venture Associate.” A pretty boujee-sounding title, I know, but it was really just a euphemism for “shitcoin connoisseur.” My main responsibility was finding and l...

17th February 2025

zkTLS Curriculum

Vibes are down in CT right now, and I find myself bearish most of the current things. It’s never fun to be a buzzkill, so I spent some time this weekend revisiting stuff that makes me excited about crypto, like zkTLS. I still believe zkTLS is going to play a key role in the most exciting and positive crypto developments this cycle, and wa

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14th February 2025

Facundo Indabera
Facundo Indabera

MakerDAO Case Study: DAI vs USDS

$DAI had successfully escaped the decentralized stablecoin flywheel, where it didn’t need to subsidize demand (as $USDS is doing) because users wanted to hold it and use it as a medium of exchange, for savings, as trading pair, payments etc.

The decentralized stablecoin flywheel works as follows:

asd.jpg

USDC / USDT are a clear example of th

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Joseph A.C. Lloyd
Joseph A.C. Lloyd

B3 Launches with a Bang, but is that the whole Story?

On February 10th, B3, the gaming-focused L3 on Base, launched its token on Bybit and Aerodrome at a market cap of just over $100M. In the hours/days following, the token saw a spot listing on Coinbase and perps listing on Binance, spiking the marketcap to a peak of $350M.

Now that the dust has settled and the market cap is sitting at a re

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Twill
Twill

SYNTHETIC-1 & DeepScaleR: Eroding the Closed-Source AI Moat

AI’s biggest competitive advantage—compute power and proprietary data—is no longer an impenetrable moat. A revolution in AI training is underway, making it possible for smaller, decentralized AI projects to compete with industry giants. Historically, entities like OpenAI, DeepMind, and Anthropic have dominated foundation model development

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13th February 2025

Hunter Solaire
Hunter Solaire

Ronin’s New Frontier

Yesterday, Ronin made what could be their most significant announcement of the year, transitioning to a permissionless model. Until now, the team controlled who could deploy smart contracts on Ronin via an allowlist. Only approved entities could sell NFTs, create staking contracts, or mint their own tokens. As a result, the ecosystem unti

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12th February 2025

Twill
Twill

Crypto-Native AI: Infrastructure for Scaling Real-World Systems

Recently in an internal meeting, the Delphi Research team pondered how many AI applications truly require crypto. Meanwhile, researchers and investors have questioned whether the intersection of crypto and AI is a forced marriage or a necessary evolution. While AI has advanced rapidly under the control of centralized tech giants like Open

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