If you were put into a freezer in 2017 and woke up this week to check CoinMarketCap - you might have thought the crazy crypto bull market was still going on based on some of the daily returns projects...

...days, Chromie Squiggles (+23%), Genesis (+106%), Construction Token (+69%), Dynamic Slices (+99%), and Elevated...Deconstructions (+176%) have outperformed other NFT collections such as Fidenza, Ringers, BAYC, and...

Deconstructing CDP Success Liquity v2 looks promising, but stablecoins have become highly saturated,...moat Controversial figures & partnerships Alchemix Alchemix boasted one of the more ambitious elevator...Mania: Same scenario as above, but market wide bull run elevates valuation multiples and demand for leverage...

In this daily, I deconstruct this a bit in hopes of reconciling the communities and uniting them in building...

Two months ago, I sent a Delphi Daily to our clients where I deconstructed why DeFi had started outshining...

The criteria I used to examine these games were: Elevator Pitch: A brief description of the game Accessibility...Pegaxy Elevator Pitch: A game where you can compete, breed, rent, and earn by racing mythological horses...Thetan Arena Elevator Pitch: Thetan Arena is a MOBA (Multiplayer Online Battle Arena) on PC and Mobile...

Bond yields have remained relatively subdued for the better part of this year in large part because of elevated...Equities are always a fan favorite but elevated valuations paint a rather tepid outlook for future returns...

In this chart, we have excluded major outliers (Fidenza, Ringers, Elevated Deconstructions) that would...

As a result, elevated intermarket correlations between major asset classes puts financial markets on...Market volatility is likely to remain elevated as we inch closer to the election, but in our view, the...Elevated intermarket correlations between major asset classes puts financial markets on fragile ground...

...between BTC and stocks has been strong in recent weeks as expectations for market volatility remain elevated...

...upside or downside), we’ve experienced a significant amount of chopping and churning, with bouts of elevated...Trade wars are not great for risk assets in the short term due to the elevated volatility and uncertainty...given us a taste of how markets are likely to react to Trump’s economic agenda & tariff playbook — elevated...

DeFi token prices have been in decline since Feb. 2021, but yields remained at elevated levels....Up Stellar Growth While people called for the death of NFTs, OpenSea has been sustaining volume at elevated...

Ethereum Usage Remains at Elevated Levels Key on-chain data points for ETH still look fairly bullish...And daily interactions with smart contracts has stabilized at an elevated level.

While spot activity continues to subside and taper, perp/futures activity remains elevated and aggressive...In the above, we can clearly see: The elevated perp/futures activity propping up prices at elevated...

You can read a more detailed deconstruction of Sorare in a previous report here.

...tensions in the Middle East are making their own fresh highs, so volatility in risk markets could remain elevated...However, downside risk remains elevated, especially if we break below the $60K level.

Highlights included: Could we be looking at 15+ years of elevated inflation?

This elevates fundamental buying pressure for SUSHI, benefiting price and thus the dollar return on staking...

If prices for consumer goods remain elevated, it’ll could have an adverse impact on consumer spending...