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As promised – yet another market update video....
Alpha Insight
1 Min
Macro & Markets
May 2025
We will be hosting a live stream at 2:30pm EST today (Wed, April 9th). We will go around the table discussing the ongoing tariff situation enveloping the global macroeconomic landscape in the afterma...
Alpha Insight
1 Min
Macro & Markets
Apr 2025
As promised – yet another market update video as the dust begins to settle in the aftermath of “Liberation Day”. It certainly promises to be a big week.
If you have any questions, please comment bel...
Alpha Insight
3 Min
Macro & Markets
Apr 2025
...be confirmed), all in-game payments would unlock discounts when using the token on an external web page...been well received overall, the current build remains incredibly unstable and likely needs another 2-4...In this context, the Conversion Rate (CR) measures the ratio of users who land on the Playstore page...
Report
16 Min
Gaming
Apr 2025
...the Arbitrum network bridge, exposing HL to additional smart contract risk and the safety of the 3/4...Consequently, any perps DEX can spin up perps for any asset across any chain....As long as an oracle exists, any perps DEX can support any asset....Said differently, in the perps DEX world, product is what matters.
Report
17 Min
DeFi
Feb 2025
Even today, in a much less frothy market, Pump assets are still driving ~40% of monthly DEX transactions...Pump-related assets accounted for over 40% of all Solana DEX volume at their height....In short, Pump didn’t just launch a DEX....But once Pump.fun launched its own DEX and kept the flow in-house, Raydium had no choice but to build...
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16 Min
DeFi
May 2025
...success of Hyperliquid and Raydium demonstrates the massive untapped demand for institutional-grade DEX...allows these institutions to make trades is an important ingredient for a smart contract platform.
4/...The difference between disk and RAM access is 3-4 orders of magnitude, which directly translates to reduced...
Report
21 Min
Layer 2 / L2
Jan 2025
...collateral within the Elixir ecosystem, accepted by nearly all of Elixir’s decentralized exchange (DEX...airdrop allocation fully unlocked at 1 year
LP incentives: 10%
Linearly unlocking over 4...allocated for grants, future ecosystem rewards, etc.
25% unlocked at TGE, 1-year cliff, followed by 4...
Report
12 Min
Orderbook
May 2025
PayPal and Coinbase also offer native yield of 4-5% for idle cash....cards are able to mitigate security concerns and work as advertised, we likely see the birth of Gen 4...Therefore, additional UX wrappers are necessary for both Gen 3 and Gen 4 to truly unlock the next level...
Report
72 Min
DeFi
Dec 2024
...portion to ensure that the user isn’t lying about the content, all without seeing any portions of the page...Reclaim is incredibly fast, with proof generation taking under 4 seconds, and users do not need to download...
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20 Min
Macro & Markets
Jul 2025
As long as an asset has a CUSIP everyone is able to operate on the same page....dedicated piece a few months ago:
https://t.co/uUg8G3zLdB
— Robbie Petersen (@robbiepetersen_) December 4,...Thesis #4: Stablecoins and Global Payments
In 2023, global GDP was ~$100T.
Report
25 Min
DeFi
Mar 2025
Thala’s most successful product to date is its DEX, Thalaswap....The DEX on its own is not super differentiated, but it does not need to be....At the time of writing, Merkle has close to $4 mn in USDC in its core liquidity and has facilitated an...Mirage is the marriage between a CDP-stablecoin protocol and a perps DEX....But Mirage also has a perpetuals DEX.
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39 Min
Infrastructure
Jun 2025
We have 4 rollups taking up over 85% of the blob space....throughput chains are meaningfully better in execution and user experience, and start to seep into DEX...Shadow Exchange, a DEX on Sonic, has the 4th highest 30-day revenue.
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13 Min
Layer 1 / L1
Mar 2025
Users can stake WEMIX for a 5.3% APR or interact with their DEX, PNIX, where tokens like CROW and DRACO...Its blockchain arm, built around the WEMIX platform, spans a blockchain, DEX, NFT marketplace, and a...first, Midnight Walkers, is a zombie extraction game featuring PvPvE combat, with influences from Left 4...
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18 Min
Gaming
Jun 2025
CeFi and DeFi world aiming to solve the aforementioned drawbacks and stands as the first regulated DEX...features span an universal account across all games & apps, sponsored transactions, an integrated DEX...Both allocations are subject to a 4 year unlock period (June 2024 – June 2028) with a one year cliff.
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39 Min
Infrastructure
Jan 2025
The hardware needs for running the node is just 4 CPU cores and 8GB of RAM, so anyone can run nodes from...The TVL on Fuel Ignition has dropped below $10mn with DEX trading volumes consistently below $1mn per...A DEX scans these pending orders (predicates) to create a limit orderbook....Let’s say the DEX wants to enable application-specific sequencing (ASS).
Report
30 Min
Infrastructure
Apr 2025
...from the Bermuda Monetary Authority (BMA) in December 2024, GRVT stands as the world’s first licensed DEX...The goal: increasing the market share of institutional DEX trading volume....In late January, [ZIP-4] passed the onchain vote, reducing the execution delay from 21 hours to 3 hours...
Report
19 Min
Infrastructure
May 2025
Once tasks are assigned, it monitors completion and can re‐route tasks if necessary.
4....to help developers understand what kinds of actions users do the most on a certain product (like a DEX...
Report
13 Min
Infrastructure
Jun 2025
Ecosystem Updates
DEX volume on Sui has consolidated from the highs of the previous quarter, but we can...In addition to MetaStables, Aftermath launched a Perp DEX on testnet....For example, a popular trading pair on a DEX can independently adjust fees according to its needs.
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13 Min
Infrastructure
Apr 2025
10 largest crypto assets (Dec. 2018)
In other words, we thought it was the perfect time to drop a 60-page...
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12 Min
Other
Dec 2024