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However, despite ongoing efforts, the rise of the digital economy has been largely understated in official...Most estimates put the digital economy’s contribution to US GDP somewhere in the 5-8% range; an updated...report from the Bureau of Economic Analysis (BEA) found that the digital economy “accounted for 6.9...
Report
6 Min
DeFi
Aug 2020
Olas enables everyone to own a share of AI, specifically autonomous agent economies.
...We are shifting from a digital economy to an agentic economy, and as the shift is largely in the realm...The agentic economy will bring tens if not hundreds of trillions in value.
Report
63 Min
Artificial Intelligence
Oct 2024
Overall, the data is clear: the onchain economy is growing rapidly....The growth of RWA is one key driver behind onchain economy growth. ...It’s a space where all types of onchain apps can flourish and a true economy can take shape....Conclusion
The onchain economy has indisputably exploded in 2024....are non-DeFi, such as gaming, social, and digital collectibles.
Report
35 Min
Layer 2 / L2
Nov 2024
A first sign that the agentic economy is entering its early stages of maturity....The takeaway is simple: sustainable agent economies require specialization, not generalization....Just as the internet thrived on interoperable protocols, the agent economy needs standardized ways for...the economic potential of the nascent agent economy.
Report
16 Min
AI
Oct 2025
Digital asset secondary markets have structurally flipped from token-dominated to equity-preferred, with...A Delphi Digital x SecondLane data report.
Report
Macro & Markets
Apr 2026
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...
Report
14 Min
Financial Market Themes
Aug 2025
Decent aims to tokenize the startup economy and unlock the application layer that will drive Ethereum...barriers to entry that exclude the vast majority of potential builders from participating in the tokenized economy...Gaming: Integration of tokenized assets and economies in gaming applications
Environmental initiatives...
Report
16 Min
Infrastructure
Nov 2025
The Macro & Market chartbook examines many of the key macro & market themes taking place throughout the course of the year. The chartbook publication aims to marry the top down macro-liquidity...
Report
Macro & Markets
Nov 2025
Creator Alignment: Pump.fun and Raydium’s Battle for Solana’s Memecoin Economy
Pump.fun didn’t just ride...It’s a bold strategy that could cement Pump’s control over Solana’s memecoin economy....PumpFun’s Grip on Solana Trading
At this point, Pump.fun isn’t just participating in Solana’s meme economy..., it is the meme economy.
Report
16 Min
DeFi
May 2025
The Role of NFTs in Shaping Digital Identity
The concept of digital identity plays a heavy role in Reddit...application of NFTs, not merely as financial assets but as distinctive tokens of identity within a digital...Thus, Reddit’s introduction of NFT avatars signifies a profound evolution of digital identity, taking...
Report
12 Min
NFTs
May 2023
...been the top performer since the Tariff Tantrum April
lows…
Data as of September 2025
Source: Delphi Digital...conditions following April’s market selloff have
helped…
Data as of September 2025
Source: Delphi Digital...China & Japan) who now make up a lower % total UST
holders…
Data as of August 2025
Source: Delphi Digital...
Report
Macro & Markets
Sep 2025
...pricing data as of 5/14/25 close; all dollar references herein refer to USD
Executive Summary
Galaxy Digital...(“Galaxy” or the “Company”) is a digital asset and AI infrastructure focused holding company....The digital asset oriented operating businesses include:
Financial services: Traditional investment...
Report
32 Min
Macro & Markets
Jun 2025
Moreover, photography has always adapted to new technologies, from film to digital images....This differs from the typical 10,000 PFP collections, which function more like digital collectibles and...The platform consists of Quantum Lens (NFT photographs) and Quantum Canvas (digital art).
Report
24 Min
NFTs
Apr 2023
🔍 Bitcoin: More Than Just Digital Gold?...The buzz around Bitcoin being used as something other than digital gold has led to other players exploring...Combined, these projects represent a new path forward for Bitcoin: one where it is more than just digital...Subsequently, a majority of the bank’s clients like Coinbase, Circle, Paxos, Crypto.com, Bitstamp, Cboe Digital...
Report
7 Min
Layer 1 / L1
Mar 2023
...the velocity of new Cosmos project creation
Accelerate project growth and sustainability
Expand the economy...
Report
19 Min
Proof-of-Stake
Oct 2022
Fortnite is an excellent example of why many studios may choose to close off their economy and restrict...But it simultaneously introduced new challenges, as Steam now had to consistently balance the economy...The discoveries made by Varoufakis would go on to influence several in-game item economies that still...
Report
25 Min
Gaming
Jun 2023
This report explores the role attention plays in our economy, markets, and minds....The term ‘attention economy’ gets thrown around so much that it’s become cliché....Attention Amid Abundance
What do the economy, markets, and chatGPT have in common?...Our entire economy revolves around it....But all good things must end, and the attention economy is no different.
Report
33 Min
Financial Market Themes
May 2024
Blake Robbins: How Crypto Will Change Gaming and The Creator Economy
[Excerpt from a Delphi Podcast]...We dive into all things crypto gaming, how crypto will change the creator economy, finding medium-native...Economics Youtube
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Report
7 Min
Layer 2 / L2
Jun 2022
For the first time in a while, betting on a growing digital Bitcoin ecosystem could be attractive....Some shortcomings are relatively minor, like BRCs limiting token tickers to four digits....Thankfully, Ethereum and the development of their token economy give us a workable model where we can...economy on the world computer....economy.
Report
25 Min
Layer 1 / L1
Jun 2023
Story Protocol attempts a new approach designed specifically for the digital and AI-driven creative economy...Positioning for the AI-Driven IP Economy
The proliferation of AI is beginning to overwhelm traditional...for this shift, aiming to enable transparent attribution and automated compensation in an AI-native economy...economy.
Report
24 Min
Layer 1 / L1
Apr 2025


















