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The Hitchhiker's Guide to Ethereum
For example, 2x3+6x2+2x-4 is a polynomial of degree three....Now we only need to be sure that any 50% (4/8) of the erasure-coded data is available....polynomial f(X) evaluated at the positions f(0) to f(3), then we extend it by evaluating the polynomial at f(4)...Ethereum's roadmap is a lot to keep track of.
51 Min
Layer 1 / L1
May 2022
Ethereum Ecosystem Analysis
In this report, we take a look at how the Ethereum ecosystem is holding up in light of the DeFi cool...We dive into the latest Ethereum network stats and trends across DEXs, stablecoins, lending, and more...in addition to providing updates on Ethereum dapps.
1 Min
Layer 1 / L1
Nov 2020
Ethereum Ecosystem Analysis
In this report, we take a look into some of Ethereum’s strengthening fundamentals to go along with the...latest trends across DEXs, stablecoins, notable apps on Ethereum and more....In this report, we analyze the increased usage on Ethereum and explain the impacts of the continuation...
1 Min
Derivatives
Sep 2020
Ethereum Ecosystem Analysis
Innovation on Ethereum continues at a torrid pace thanks to the composability of lego blocks built in...
1 Min
Layer 1 / L1
Feb 2021
Entering the Ethereum
9/ /20 1 3 9/ /2 8 1 01 9/ 3/2 8 2 01 10 3/2 8 0 10 /4/ 18 /1 20 10 4/ 18 /2 20 1 11 4/2 8 0 / 11 3/...Ethereum plans to integrate these in "Ethereum 3.0", which is probably at least 4 years away.
Layer 1 / L1
Mar 2019
ETH 2.0 and Ethereum Ecosystem Analysis
We dive into the kick-off of the multi-year transition to ETH 2.0. The launch has partially fueled an ETH rally for which we dig into deeper and we also cover the growth of DeFi underpinning the succe...
2 Min
Infrastructure
Dec 2020
Entering the Ethereum
9/ /20 1 3 9/ /2 8 1 01 9/ 3/2 8 2 01 10 3/2 8 0 10 /4/ 18 /1 20 10 4/ 18 /2 20 1 11 4/2 8 0 / 11 3/...Ethereum plans to integrate these in "Ethereum 3.0", which is probably at least 4 years away.
Layer 2 / L2
Mar 2019
The State of Ethereum
The biggest tailwind that’s driving this phenomenon is hot money searching for higher yields on Ethereum...Gas Price Ticks Up, ETH Burning Follows Ethereum’s median gas price has climbed beyond levels we saw...“Ultrasound Money” Thanks to the increased on-chain activity and high gas prices, Ethereum experienced...
3 Min
Infrastructure
Nov 2021
stETH on Ethereum Bridges Skyrockets
📊 stETH on Ethereum Bridges Skyrockets Lido Finance deployed on Aribtrum and Optimism on Oct. 7...Since then, the amount of stETH held in Ethereum bridges has surged by over 700%....Since Sep. 1, the total amount of ETH staked with Lido grew from 4.16M to 4.52M, an increase of 8.7%.
5 Min
Liquid Staking
Nov 2022
Ethereum Update - June 2021
A breakdown of ETH's market structure, fundamentals, and key upcoming catalysts....
DeFi
Jul 2021
Tokenized BTC on Ethereum
As of today, 5,446 tokenized BTC exist on Ethereum, across various types, worth approximately $51m....Tokenizing Bitcoin on Ethereum has generated a lot of buzz in recent weeks with the advent of new cross-chain...While its clear we’ve seen significant growth YTD in aggregate, ~73% of total tokenized Bitcoin on Ethereum...
3 Min
Infrastructure
Jun 2020
Update: Ethereum's Network Activity
I provided coverage on Ethereum and wanted to share my portion with the Delphi community....Be sure to check out the full Our Network post on Ethereum, Bitcoin, Cosmos, and Decred here....Bitcoin and Ethereum are in a class of their own regarding fees generated. (Source)....Growth in daily active addresses is up 154% YTD to 401k. (Source).
4 Min
Infrastructure
Dec 2020
Infrastructure
Jun 2019
Ethereum Burns, Axie's Inflection Point, DeFi Narratives
The old style of Ethereum transactions where miners receive the entire fee now co-exists with EIP-1559...Interestingly, EIP-1559 transactions still account for the minority of Ethereum transactions since launch...We found that these readings are clustered between 12 and 4 AM UTC, which is roughly morning in Asia...
4 Min
DeFi
Aug 2021
Institutional Chat AMA - Nov 4 2020
To be sure all our Institutional members were able to benefit from the open conversations with strong teams building and investing in the space, we’re sharing a transcript of the first official AMA we...
1 Min
DeFi
Nov 2020
The State of Ethereum 2020
The incredible growth of DeFi in the Ethereum ecosystem coupled with catalysts such as staking in Phase...In this inaugural monthly Ethereum report, we dig into the Ethereum ecosystem and unpack the latest on...Our inaugural monthly Ethereum Ecosystem Analysis report - special edition for ETH's 5th birthday.
1 Min
DeFi
Jul 2020
The State of Ethereum 2020
The incredible growth of DeFi in the Ethereum ecosystem coupled with catalysts such as staking in Phase...In this inaugural monthly Ethereum report, we dig into the Ethereum ecosystem and unpack the latest on...Our inaugural monthly Ethereum Ecosystem Analysis report - special edition for ETH's 5th birthday.
1 Min
DeFi
Jul 2020
Honey Badger Meets Ethereum
BTC on Ethereum already has PMF. It’s bigger in $ TVL than the top dApp....Currently only 0.705% of the BTC supply is on Ethereum....earned: $1.3m (Wallet, Fee parameters)  Badger Treasury: Worth over $120m (source) Digg Distribution: +40%...The count of unique addresses holding Badger is up 48.5% MTD, indicating project’s ability to sustain...
8 Min
Vaults
Jan 2021
HIP-4:A New Way To Express A Bet
MAY 2026 HIP-4: A New Way To Express A Bet​ Abstract HIP-4 introduces a new contract type that lets...Payoff Shape​ ​ HIP-4: A New Way To Express A Bet​ Delphi Digital | 05 Who Wins on HIP-4?...7% $70M 6% $60M 5% $50M 4% $40M 3% $30M 2% $20M 1% $10M 0% $0 Illustrative HIP-4 Revenues...
Derivatives
May 2026
ETHGas-Enabling Realtime Ethereum
Ethereum’s limitations today are not solely a function of raw capacity alone.
Infrastructure
Apr 2026