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Examining Cross-Chain Liquidity
cross-chain....Events on one chain are communicated to the other chain via operators of the bridge....The security models of bridges vary greatly depending on who and how the cross-chain communication happens...and bridges.
6 Min
Bridges
Mar 2021
SLAMM: A Unified Model for Cross-Chain Liquidity
...messaging availability between hub and each satellite Cross-chain asset bridging between satellites...Cross-Chain Token Bridging A common challenge in a cross-chain environment, particularly in Cosmos, is...determining the best way to bridge a token between different chains. ...
25 Min
AMM
Oct 2022
Keeta: Bridging The Institutional World On-Chain
...this report, we’ll take a comprehensive look at Keeta, a hyper scalable blockchain that focuses on bridging...For institutions, it’s a bridge into the on-chain economy without compromising on risk controls or regulatory...Anchors (Interoperability) Anchors are Keeta’s interoperability primitive: a permissioned, composable bridge...
34 Min
Layer 1 / L1
Oct 2025
...client-based bridges), the operators of the bridge are the validators of the underlying chains....As a side effect, ZK-bridges also stretch the extensibility of light client bridges, as chains no longer...To build safe cross-chain dApps, it’s vital for ZK-bridges to have reliable relaying.
18 Min
Bridges
Feb 2023
Bitcoin Fabled 'Golden Cross' in Its Crosshairs
[pdf-embedder url=”http://cdn.delphidigital.io/uploads/2020/07/Macro-Bitcoin-Has-Fabled-Golden-Cross-in-Its-Crosshairs...-4-23-2019.pdf” title=”Macro – Bitcoin Has Fabled ‘Golden Cross’ in Its Crosshairs – 4 23 2019″]...QuickTake - April 23rd, 2019 Bitcoin Has Fabled ‘Golden Cross’ in Its Crosshairs Lead Analyst Kevin...
1 Min
Layer 1 / L1
Apr 2019
The Future of On-Chain Liquidity
...liquidity sources Gas-free swapping Protection against MEV No cost for failed transactions Gas-free cross-chain...The only volume passing through on-chain LPs will be the ‘exhaust’ that was passed on by the off-chain...against toxic flow More users, bigger pie: – If Uniswap is successful in improving trade execution and bridging...
31 Min
Spot Exchange
Sep 2023
A Primer for Fully On-Chain Games
On-Chain Gaming On-chain games are not simply defined by the extent to which they leverage blockchain...was open source and stored on-chain....essential if you wanted to perform well, and players needed to jump through more crypto hoops (CEX → swap → bridge...Cometh also showcased a proof-of-concept for trustless bridging/L1->L2 proofs using the OP stack and...
29 Min
Gaming
Jun 2023
BTC On-chain Metrics Brief
While patiently awaiting the results of this historic event, we wanted to put some BTC on-chain metrics...
3 Min
Analytics
Nov 2020
Is Zeta the Solution to On-Chain Options?
Table of Contents The Rise of Zeta Problems With On-Chain Options and Zeta’s Answer The Secret Sauce...Problems with On-Chain Options and Zeta’s Answer A few option DEXs have been built out in recent years...Most on-chain options platforms disregard this need....You can think of this as a form of cross-margin, which ultimately enables capital efficient trading.
14 Min
Options
Aug 2022
LayerZero Labs: Building the Future of Cross-chain, LayerZero Protocol, and Solving the Bridging Trilemma with Stargate
The way that I think of a lot of these like bridge crossing solutions are that they’re performing some...You, whoever that is building this cross chain DEX, they can now execute this swap bridge, swap over...Like I think a lot of users, especially when bridging today, they’re focusing on the costs of bridging...
Infrastructure
Nov 2021
stETH on Ethereum Bridges Skyrockets
Today, we examine the amount of stETH currently on bridges and our Research team dives into DYAD, a new...📊 stETH on Ethereum Bridges Skyrockets Lido Finance deployed on Aribtrum and Optimism on Oct. 7...Since then, the amount of stETH held in Ethereum bridges has surged by over 700%....A driving force behind the increased bridge and staking activity is LDO rewards.
5 Min
Liquid Staking
Nov 2022
Covalent: On-chain Data Meets Agency
This server acts as a bridge between their indexed data and agent systems....This is particularly evident in use cases like cross-chain arbitrage, where millisecond advantages translate...cleaning or analytics); and Task Agent tackles specific subtasks (e.g., complex data transformations or bridging...
13 Min
Infrastructure
Jun 2025
Wormhole: A Solana/Ethereum Bridge ?
Certus One has released Wormhole, a bidirectional bridge ERC-20 and SPL Token bridge between Ethereum...chain....tokens to Solana whereas Thorchain’s is to create an actually trustless, blackhole liquidity pool for cross...Assets are pooled on chain, not held by a custodian or signer.
5 Min
Infrastructure
Oct 2020
What On-Chain Market Data is Saying
On-Chain Positioning Suggests Continuation After a period of consolidation at a key support level, BTC...The first, which applies to both ETH and BTC, is that this metric only focuses on on-chain data, while...So this data, while representing on-chain positioning, doesn’t account for the billions of dollars of...
5 Min
Layer 1 / L1
Aug 2021
Bridging Fragmented Liquidity: Hop & Connext
...available for cross-chain swap requests on-demand....More importantly, arbitrageurs only rely on the native Rollup bridge and Hop Bridge to rebalance liquidity...This key ability allows Hop’s use cases to extend beyond cross-chain transfers to possibly include cross-chain...
19 Min
Bridges
Jun 2021
Arbitrum's Bridge Activity and Its Impact on DeFi Sentiment
Arbitrum’s bridge contract had a mere $22M locked in it on Sep. 1, which meant the bridge represented...just 0.047% of total TVL in Ethereum bridges....Correction: The above chart excluded Polygon’s ETH and Plasma bridges, as well as Optimism’s ETH bridge...Arbitrum’s true bridge TVL was 23.45% — still an impressive increase.
4 Min
Infrastructure
Sep 2021
Aurora: Another EVM Chain, or the Beginning of Near?
chain’s validators, but you also need to trust a PoA/multisig controlling the bridge....You could bridge NFT’s and even vote on one chain with your assets on the other....While “EVM on another chain” may not be the most promising value prop, the Rainbow Bridge is well built...
28 Min
Infrastructure
May 2022
Sei Network: DeFi-Optimized Cosmos Chain
General purpose chains for permissionless innovation and app chains for permissioned and specific use...But “app chains” are not black and white, rather a spectrum and up to the chain’s discretion....Not a “pure” app chain like THORChain that focuses solely on cross-chain swaps, but one that is built...
15 Min
Orderbook
Sep 2022
Macro - Bitcoin Rebounds Amid Golden Cross
Bitcoin Rebounds Amid Golden Cross Hey everyone!...We discussed in our latest Weekly Market Commentary the inevitable golden cross for BTC, which is now...official with its 50-day moving average crossing above its 200-day equivalent....again, golden crosses haven’t always rendered stellar returns for BTC in the short-term.
Macro & Markets
Feb 2020
Hegic - A New Option for On-Chain Options
In that report, we also highlighted Opyn, a similar on-chain options protocol.
2 Min
Derivatives
Apr 2020