Emerging markets or crypto native or like native tech users in the States or Asia is still a very tough...Um, but like more broadly in terms of the global emerging market focus, like maybe you could just talk...A very big part of sort of doing a business and any emerging markets or having infrastructure set up...

Having been around since 2018, it’s no new kid on the block, born in the bear market just like Axie Infinity...When considering total capitalization, AXS is the clear market leader and is still yielding 89% on its...Both DEC and SPS have seen substantial drawdowns since the Oct. 2021 highs alongside the rest of the market...

Principal-protected vaults are an emerging niche of DeFi structured products that attempt to provide...Theoretically, the potential for composability and the inability of this immature market to efficiently...The vault relies on centralized market makers for yield and assumes credit risk.

Stablecoin’s have found a clear product-market fit in 2020 most aptly represented by USDT’s circulating...

On January 13, 2018, ETH reached an all time high of $1,432 according to data from Messari. Almost three years later to the day, ETH briefly surpassed this previous peak, hitting $1,440 on Coinbase ea...

...addressing the market’s insatiable appetite for yield....Presently, Tether and Circle maintain a stranglehold over the stablecoin market with a combined 90% market...get deeply embedded in the fabric of both DeFi and CeFi have resulted in high barriers to entry for emerging...its market cap.

Welcome back to Market Musings, our weekly memo covering timely market happenings....market environment....the broad crypto market)....the crypto market....Market prices react when something causes a change in market expectations....The central theme of last week’s Musings was the catalyst driven nature of the current market environment...

Everyone cheered and markets rallied....Where does that leave markets today?...In our Market Musings from August 6th, we cautioned that markets we’re not likely out of the woods just...in crypto markets to continue...., creators keep adapting to current metas, and new narratives emerge....turned into a tale of two markets.

markets....The market structure shift we discussed in the previous editions of Market Musings has solidified with...So far for the last year, the market has been very clear....Last cycle we had stables grow from $5-$10bn market cap to nearly $200bn market cap at peak.

Market Update With L1 szn taking hold of crypto markets, DeFi coins have fallen out of favor over the...Last week, we saw yet another swift yet sharp correction in the crypto market, albeit not as extreme...takes a hold of the market....DeFi money markets are as strong as they ever have been.

While crypto’s proclivity to create inefficiencies is ironic, it is encouraging how quickly solutions emerge...Food delivery companies like DoorDash, Grubhub, and Uber Eats emerged with similar models – they pay...undermine the inefficiencies outlined earlier, but is an example of an alternate approach that could emerge...

Setting the Stage – Signs of a Market Bottom The crypto market is facing one of its sharpest drawdowns...Signs are starting to emerge that the worst is likely behind us, but we need to see a little more pain...before we have conviction that a market bottom is in....and accomodative market conditions.

The core problem is that illiquid markets = inefficient markets....the market....One emergent behavior on Polymarket is the comments section has become its own form of SocialFi....Prediction markets do something similar for markets....Decision markets are essentially parallel markets for governance tokens.

The last several weeks have been nothing short of crazy in the crypto market....In the meantime, I wanted to put a few key trends on your radar given how quickly markets can change....In last Thursday’s market commentary note, we highlighted just how strong the recent rally in precious...

Alpha’s native token $ALPHA has suffered the worst drawdown among comparable money markets since May,...While most money markets are overcollateralized, Alpha uses leverage which allows it to generate fees...that Alpha’s utilization rates for longer tail assets (excluding SNX) is the highest among the money markets...

That’s why headlines about large prime brokers and lenders (like Genesis) needing emergency funding are...potential for major currency depreciation and debt issues becomes increasingly high — with cracks already emerging...markets....Like all emerging tech plays, this one doesn’t come without its own share of risks.

As many of us gear up for the holiday season, the market is not looking quite as cheerful....For starters, market sentiment towards crypto is in the gutter....We’ve also pointed out the strong correlation between USD strength and market expectations for faster...We know by now spikes in equity market volatility often have an adverse impact on BTC and the broader...

Market Update As the market goes deeper into risk-off mode while the dollar index (DXY) is displaying...strength, wider crypto markets continue displaying weakness across the board....The DeFi sector has been hit especially hard amidst broader market risk-off behavior.

Since then, markets have bounced a bit, but not convincingly enough to suggest the pain is over....prices higher than market price....In short, this implies the market is leaning bearish in the short-term....still has a balanced view on markets over the mid-term....BTC Spread Widens In other news, recent market moves have paused L1 season.

...important and timely crypto market happenings....BTC Market Structure — Market Structure Shift Solidified When looking at BTC price action on the higher...For more information about low/high volume nodes, market structure, and auction market theory, check...What are prediction markets? What are the different types of prediction markets?