DeFi Summer Four years ago, DeFi “Blue-Chips” such as lending protocol AAVE and derivatives protocol...For those of us who remember when AAVE was “ETHLend”, the notion of “DeFi” did not yet exist, and the...But, in the midst of hacks, rug pulls and smart contract exploits…a category of reputable DeFi protocols...

We hope you enjoy both. 2024 has been a tale of two summers....We went from a classic crypto summer to the dog days of summer....The good news is the dog days of summer are behind us, and a classic crypto summer is set to bloom....So far, everything in the middle — DeFi, Infra, etc. — has been caught in no-bid, no man’s land.

...expects.” https://x.com/SplitCapital/status/1805349168229367936   BTC Spot ETFs — A Strong Start To Summer...Delphi Digital Delphi Research Reports: Delphi’s flagship deep dive research covering all major sectors (DeFi...

The Year Ahead for Crypto 2025 – Full Series: AI+DePIN DeFi Gaming Infrastructure Markets Consumer DeFi...Flexible, programmable, capable of interacting with DeFi...., etc. all point towards this next iteration of DeFi....Bitcoin DeFi – Bitcoin DeFi has become a popular talking point over the past few years, and is an inevitable...

Macro Thematics As we wade deeper into the summer months, markets have been anything but the dull doldrums...Public Crypto Accumulator Era (Delphi, June 2025) Marcus outlines how firms like SharpLink, Upexi, and DeFi...being reallocated into dry powder and stable liquidity, which could support risk deployment later this summer...

: Macro Outlook Crypto Market Review: Market Structure & On Chain Observations L1s, L2s, & DeFi...Should we lose these levels, the next obvious area of support would have to be the summer lows....Should BTC lose the summer lows, there is not much support left.

Introduction Perhaps “Solana Summer,” which first gained traction in 2021, was just delayed by two years...Perhaps "Solana Summer," which first gained traction in 2021, was just delayed by two years.

But DeFi is far from dead. In a vacuum, the DeFi sector performed well in 2023....Summer and the subsequent rise in demand to use on-chain environments that it was made abundantly clear...Why Rollapps Can Be a Great Choice for DeFi Rollups are a sound choice for a variety of apps — DeFi just...but plugged into DeFi”.

Mantle’s journey is a representation of the convergence of CeFi and DeFi, a very pertinent one at that...BitDAO’s original vision was to act as an incubator and decentralized investor in the DeFi sector at...the type of CeFi-DeFi collaboration that Mantle is prioritizing....In contrast, ByReal and the DEX portion can bring DeFi’s transparency and robust settlement. ...

Macro Headwinds Crypto Market Review – Market Structure & On-Chain Observations L1s, L2s, & DeFi...Analysis NFTs & Gaming Sector Breakdown Summer Doldrums Q2 was an absolute bloodbath for crypto...Infrastructure (L1s/L2s) & DeFi Layer 1 assets, on average, are down ~50% over the last two months...

Price action following the COVID crash saw DeFi outperform pretty much every asset....Several 0-1 DeFi innovations helped generate interest and attract additional capital flows....This is especially true for DeFi....Since DeFi Summer in 2020, DeFi has largely underperformed ETH throughout the previous bull market as...

The State of DeFi and Where It’s Going DeFi was the golden child of 2020, acting as the first true narrative...Its initiation into the crypto mainstream has now endearingly gone down in history as “DeFi Summer.”...Ethereum DeFi, which is the largest DeFi ecosystem, saw some of its highest-rated coins take a beating...DeFi has its problems.

Introduction Undercollateralized lending accounts for an underwhelming portion of DeFi lending activity...However, unsecured lending is one of the best ways to unlock capital efficiency in DeFi, and various...The State of DeFi’s Unsecured Money Markets It has been a tough year for crypto tokens as a whole, and...DeFi money markets have not been spared.

Weekly Highlight — Solana NFT Summer We first covered Solana NFTs on our weekly Insights in early March...

Gamestop NFT Is Here, CryptoPunks Revive & Art Blocks Summer [Excerpt from a Delphi Insights report...Weekly Highlight — Art Blocks Summer Is Here Introduction: There has been a resurgence of interest in...Stablecoins have become the backbone of DeFi, with nearly $150B in cumulative market cap....We’re a frictionless #Layer2 gateway to multi-chain DeFi.

Quick Links Year Ahead for DeFi 2024 – Full Report Year Ahead for DeFi 2024 – Executive Summary Key Themes...DeFi made significant progress in the decentralized perps sector, but these improvements failed to carve...Economy Theme #2: All Eyes on Uniswap Liquidity Theme #3: App-Specific Rollups Will Scale Ethereum DeFi...

Is DeFi Broken?...DeFi’s ability to cross the chasm....more hidden role oracles have played in stifling DeFi’s ability to scale....The reality is most DeFi users frankly don’t value decentralization and instead use DeFi for the simple...The Mom and Summer Finance teams were allocated 3% and 5.5% of the AJNA token supply respectively to...

Crypto Winter Bleeds Into Summer – Monthly Chartbook [Excerpt from a Delphi Pro Report] Q2 was an absolute...

Weekly Highlight — Art Blocks Summer Is Here Introduction: There has been a resurgence of interest in...

Solana NFT Summer, OkayBears Soar & Chimpers Launch [Excerpt from a Delphi Insights Report] Despite...Weekly Highlight — Solana NFT Summer We first covered Solana NFTs on our weekly Insights in early March...