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Introducing: The Delphi Daily
The Fed’s nearly $2 trillion balance sheet expansion since early March is just a start compared to the...
4 Min
DeFi
Apr 2020
Celebrating Valentine's Day With The Revamped Delphi Daily
Today, we’re excited to release an upgraded version of the Delphi Daily, our flagship daily newsletter...The new Delphi Daily will include: Featured “Chart of the Day” (and details on why it matters) Highlights...Daily newsletter going forward....Now, on to today’s Delphi Daily.
9 Min
Layer 1 / L1
Feb 2022
Reserve & Celo - Part 2
...https://storage.googleapis.com/members-portal-bucket/uploads/2020/07/Research-Report-Reserve-Celo-Part-2-...5-31-2020.pdf” title=”Research Report – Reserve & Celo – Part 2 – 5 31 2020″]...
1 Min
DeFi
May 2020
Layer 2: Rollups
In this report, we look at how the Layer 2 ecosystem is shaping up and dive into the varying rollup solutions...
1 Min
Infrastructure
Dec 2020
Axie Part 2 - Gamer Economics
Axie floor prices increased from 0.03 ETH to around ~0.066 ETH, and MEO 2 Axie prices rose from 0.084...flat throughout the month while Mystic 1 Axie floor price grew from 5.5 ETH to 9.99 ETH and Mystic 2...
9 Min
Games
Jul 2021
Daily Transactions on Arbitrum and Optimism Inch Closer to Ethereum
This is the Delphi Daily. Let’s dive in....Using that as a target and considering the average daily ETH burned and projected daily ETH emissions...Currently, daily rewards for the execution layer generally range between 1-2% APR, with an average of...
5 Min
null
Jan 2023
Infrastructure
Jun 2019
Uniswap Daily Active Addresses Rise Despite the Bear Market
This is the Delphi Daily. Let’s dive in....📊 Uniswap Daily Active Addresses Rise Despite the Bear Market In October, the average number of...daily active addresses on Uniswap increased by 20% over the previous month to reach 41K....For more on Vovo Finance, Delphi members can read our Delphi Pro report here.
4 Min
null
Nov 2022
The Shift to Layer 2: A Potential Disruption Catalyst for the AMM Ecosystem
As discussed in our previous daily Are Airlines the AMMs of Crypto, as the number of AMMs grew and liquidity...and then encourage liquidity providers to move over from the main pool to the layer 2 equivalent....Ideally a user executing a swap on the ETH-USDC pool on Unipig (Uniswap fork on the Optimism layer 2)...
5 Min
Layer 2 / L2
Nov 2020
Finding the Fun in Fundamentals #2 - Wemade
At the time of publication, CROW saw just $40,000 in daily volume....The token briefly ran 50% ($2-$3) in the weeks leading up to release before continuing to chart a seemingly...
18 Min
Gaming
Jun 2025
Delphi Daily - 7th May 2025
Welcome to Delphi Daily, your concise roundup of the research, insights and reads shared in the members...The 212-page proposal includes disclosure requirements, self-custody rights, and consumer protections...security council control: Stage 0 (full control), Stage 1 (requires 75% approval to override), and Stage 2...
4 Min
Other
May 2025
WTF Is Anoma? Part 2: WTF Are Intent-Based Apps?
Part 2 – Applications In Part 1 we have overviewed Anoma’s intents and seen how they compare to Ethereum-style...“Part 2: WTF are intent-based apps?”...result, there are very few actual CoW’s on CoW Swap today, with CoW’s typically making up <1% of daily...’s, dYdX’s orderbook-based model is capital efficient, routinely turning over >2x their TVL on a daily...
24 Min
Layer 1 / L1
Sep 2023
Coordination, Public Goods and Crypto (Part 2)
...mathematical demonstration of the sub-optimality of the 1p1v system in provisioning public goods, see page...
11 Min
Asset Management
Nov 2020
Coordination, Public Goods and Crypto (Part 2)
...mathematical demonstration of the sub-optimality of the 1p1v system in provisioning public goods, see page...
11 Min
Asset Management
Nov 2020
Delphi Daily - 5th May 2025
Welcome to Delphi Daily, your concise roundup of the research, insights and reads shared in the members...Delphi Pro: The Case for Decentralized RL: Crypto’s Role in Training Smarter Models...
3 Min
Other
May 2025
Zetachain Part 2: The Opportunity Ahead for Omnichain Applications
THORChain has been on a roll in 2023, hitting an ATH in daily swap volume with the trend looking to continue...We’ve discussed some of this in our previous Delphi Pro coverage, so here’s a brief overview: Bitcoin...In our Delphi Pro report titled “The Huge Cultural Opportunity for Ordinals”, our team noted the salient...
47 Min
Layer 1 / L1
Jan 2024
Delphi Enters DXdao
While Delphi Ventures has made a small allocation to DXD already, we may increase our commitment depending...Delphi Digital is officially joining DXdao as a member and we wanted to share why.
2 Min
DeFi
Aug 2020
The Oracle (Report) Of Delphi
Pyth and API3) or have significant upgrades on their near-term roadmap (Chainlink V2 and Band Phase 2)...documentation, we’ve structured it this way to communicate a few key ideas -1) who are the stakeholders, 2)...Revenue primarily comes from two sources – 1) consumers paying fees to use the data and 2) token rewards...
16 Min
Infrastructure
Jun 2021
BAYC Gets BendDAO-ed & Internet Game Season 2
Internet Game is an interactive entertainment platform that is launching its Season 2, titled “Bear Market...There are 2 parts to the games....Part 2 is a live finale with 3 multi-player games hosted by Gmoney & Leah Lamarr.
11 Min
NFTs
Aug 2022
Daily NFT Transactions Spike On Solana After y00ts NFT Mint
This is the Delphi Daily. Welcome to the new beginning....📊 Daily NFT Transactions Spike On Solana After y00ts NFT Mint Solana experienced a 372% increase...The network recorded NFT volume of 344k SOL, the highest daily volume since the previous all-time high...For more on Solana’s NFT ecosystem, Delphi members can read our NFT Insights report here.
4 Min
NFTs
Sep 2022