For years now there’s been a calling for people to stop building infrastructure and build consumer applications.

Why would crypto get adoption if there were no applications? This, amongst other things, was the rational people used to justify the lack of adoption crypto has seen thus far.

The reality now is that we actually do have consu

Yesterday, Uniswap announced Unichain. Off the bat, a lot of people took this as a confirmation of the “appchain thesis” and that appchains are due to proliferate. However, this take is wrong. Unichain is not an appchain. Unichain is Uniswap, the brand, launching a performant general purpose chain. It is the antithesis of an appchain, it

The question of where value will ultimately accrue within the blockchain stack can be reduced to a simple framework. For each respective layer of the crypto stack, ask yourself the following question:

If a product within this layer increases its take rate, will users leave for a cheaper alternative? 

In other words, if Arbitrum increa

This is an excerpt from “Markets Will Save the World”

We talked about the why; now it’s time to talk about the what. MetaDAO’s initial implementation of futarchy is elegant in its simplicity. Every major decision the DAO faces — like whether to build a new product or burn 99% of the treasury — is subject to a market. The market asks trade

Many are downright exhausted from the last several months of false breakouts and seemingly endless chop in crypto markets.

Yet despite this week’s latest pullback, there’s plenty to be optimistic about as we head into Q4 and inch closer to 2025.

Are the stars finally aligning? That’s the big question Raoul and I try to answer in this mont

A massive blockade to prediction market widespread adoption is the structural inability to handle parlays.

In the ‘real’ world, parlays account for a significant portion of sports wagering volume. Sportsbooks are also more incentivized to push them because they have a significantly higher gross margin.

In sports betting, traditional par

Given there is alpha in following the money, I figured it would be cool to give a breakdown of the recent top raises and if any opportunities to farm these protocols exist/what the money shows us.

1. Celestia: $100M raise in September led by Bain Capital. This raise likely took place a few months before September, but was only recently an

The post below has also been posted on Twitter by the Head of Delphi Labs Jose Macedo. You can read the thread on Twitter here: https://x.com/zemariamacedo/status/1839691280768696422?s=46

Tbh Initia is one of the rare teams I’d back without seeing a deck It helps I’m also bullish af on what they’re building. As  @SmokeyTheBera put it: “Be

Paradex is a perpetuals exchanged built on a Starknet appchain optimized for truly open finance.

Backed by Jump and Dragonfly, they are well-positioned to dominate a weak perpetuals space on Starknet.

Through putting everything onchain while still providing a sleek experience, Paradex is effectively trying to create an onchain Binanc

Milkway is a hub for liquid staking & restaking. They are backed by a plethora of VCs including Polychain and Binance Labs.

They currently have one product live: liquid staking for Tia through the milkTIA wrapper. This was launched in December, 2023, and TVL is currently ~$23M.

Their restaking portal, which combines liquid staking w