Top Results1625 results
Programmable Asset Ledgers Will Eat The World
Programmable Asset Ledgers Fundamentally, blockchains are asset ledgers....Moving assets Programming assets Objectively, any crypto use case that harnesses any of these features...to securitizing assets may be high, tokenizing these assets on-chain comes with less friction.
25 Min
DeFi
Mar 2025
The Evolution of Digital Asset Secondary Markets - 2025
Introduction Over the years, secondary markets for digital assets have undergone significant structural...The digital asset secondary market is increasingly resembling the robust secondary markets in traditional...Theme #1 – Digital Asset Secondary Market Continues To Mature Digital asset markets have evolved markedly...
14 Min
Financial Market Themes
Aug 2025
Price Oracles for Derivative Assets
Delphi Labs is proud to present an analysis on price oracles for derivative assets....In this piece, we’ll analyze pre-existing assumptions on price oracles for derivative assets within the...Specifically, we’ll discuss why using the underlying asset’s price as the oracle for a derivative asset...
1 Min
Oracles
Nov 2022
Real-World Assets in Decentralized Finance
This is where tokenizing real-world assets (RWAs) comes into play....Asset Originator: The asset originator creates the tokenized RWA and pledges it to the issuer as collateral...Tinlake has brought in over $20M of assets to Maker’s RWA vaults....Prospects for Asset Tokenization The future of asset tokenization looks bright.
11 Min
Money Markets
Jan 2023
A Nuanced Approach to Estimating Mark-to-Market Crypto-Asset Values
...conditions for the collateral asset depreciate....Ray III (current CEO of FTX) reads: “First, customer assets from FTX.com were commingled with assets...FTX wasn’t able to liquidate its assets. Alameda didn’t repay its loans....Since there is only 5M USDC in the pool, $95M of assets on paper would yield a mere $5M when sold.
15 Min
Macro & Markets
Dec 2022
Asset Rotation Aperture Approaching Lower Bounds
Everytime this lower boundary is tested, it has produced decent entries across the board not expect...
1 Min
Macro & Markets
Aug 2025
DeFi
Sep 2019
Narrative > Revenue: REValuating Crypto Assets
Some think REV it’s the ultimate metric to value chains & price assets, others think it’s just another...In mature chains, you want to see value capture flow back to the asset....It will be based on pure narrative play, just like today, just like the majority of assets....Even in the short list of ‘revenue-positive’ assets, price is still mostly narrative-driven.
8 Min
DeFi
Jun 2025
Macro & Markets
Apr 2019
Charting Crypto Cycles
class....Crypto is no longer a new asset class for most people....We then typically see various capital rotations throughout the asset class, as wealth from BTC begins...So, to recap, we have an asset class that has finally opened up to global capital markets with the approval...
17 Min
Macro & Markets
Mar 2024
Market Musings - Knock, Knock, Knockin’ on ATH’s Door
What started as an exchange of ideas in a niche cypher-punk internet mailing list has morphed into an asset...These ideas have helped spawn an entirely new industry and asset class with a combined market cap of...When was the last time a new asset class was created? I’ll wait.
14 Min
Macro & Markets
Oct 2024
The Crypto Conspiracy
class....They have a lack of confidence in the asset class itself It seems clear that BlackRock, Deutsche Bank...Yesterday, Jerome Powell of the Federal Reserve stated both that crypto was an investable asset class...Seemingly overnight, crypto has been legitimized as an asset class by the leaders of the “real world”...
7 Min
Asset Management
Jun 2023
The State Of Bitcoin
Traditional financial markets began to see Bitcoin as a serious and valid asset class, with firms submitting...class....Many investors consider them a legitimate asset class, but many do not – Warren Buffet famously called...class at home in grandpa’s and grandma’s 401K....class more seriously.
28 Min
Layer 1 / L1
Feb 2024
Restaking Games: Chasing for Yield
Restakers can earn extra rewards on top of the base staked asset, though they also accept the risk of...Fluctuations in asset values can impact the economic security of AVSs....back to the mainnet L2 asset by asset: LRTs (eETH and ezETH) vs LSTs (mETH, stETH, cbETH)  Lido’s stETH...to improve security, creating a dual-asset restaking system.
53 Min
Staking
Nov 2024
Market Musings - A Bad Break For Bulls... What's Next?
When this happens (not if), risk assets are likely to benefit disproportionately....Traditional risk assets are responding to this backdrop by pushing into the stratosphere....For me, on any decent time horizon, it is hard to be bearish an asset class programmed to move higher...However, assets are non-custodial and cannot be stripped away from someone.
10 Min
Macro & Markets
Jul 2024
NFT Debrief - June 2023
There are a total of four classes, color-coded to mirror the US distribution of wealth: Class A: Red..., 10 tiles, 32.15% of pixel area Class B: Yellow, 90 tiles, 38.04% pixel area Class C: Blue, 400...tiles, 26.06% of pixel area Class D: White, 500 tiles, 3.75% of pixel area The pricing structure...
20 Min
NFTs
Jun 2023