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Reserve & Celo - Part 2
[pdf-embedder url=”https://storage.googleapis.com/members-portal-bucket/uploads/2020/07/Research-Report-Reserve-Celo-Part...-2-5-31-2020.pdf” title=”Research Report – Reserve & Celo – Part 2 – 5 31 2020″]...
1 Min
DeFi
May 2020
On-Chain Metrics Suggest Positive Momentum For BTC
Delphi continues to hold firm to our 2021 Bitcoin Outlook report published in December 2020, which suggests...the beginning of 2021....March 2021....We saw huge inflows into GBTC in 2020 as BTC’s price took off....to Q4 ’20.
5 Min
Infrastructure
Apr 2021
Sui's Q3 Report - Sui Stack and Momentum Picking Up
Cetus and Momentum pushed trading volumes to new highs....Cumulative BTCFi trading volume crossed $3.2 billion, with daily peaks above $22 million....Momentum DEX Momentum cleared $22 billion in cumulative trading volume by the end of Q3, with total value...Daily volumes averaged $260270 million, generating roughly $95,000 in fees per day.
13 Min
Infrastructure
Nov 2025
Bitcoin Momentum Fades as Safe Haven Trade Reverts
[pdf-embedder url=”http://cdn.delphidigital.io/uploads/2020/07/Macro-Bitcoin-Momentum-Fades-as-Safe-Haven-Trade-Reverts...-11-15-2019.pdf” title=”Macro – Bitcoin Momentum Fades as Safe Haven Trade Reverts – 11 15 2019″]...
1 Min
Macro & Markets
Nov 2019
Layer 2: Rollups
In this report, we look at how the Layer 2 ecosystem is shaping up and dive into the varying rollup solutions...In order to unlock the next phase of growth, the scaling torch has been passed over to Layer 2s, led...
1 Min
Infrastructure
Dec 2020
Axie Part 2 - Gamer Economics
SLP supply peaked at 584mil on 29th May and had a short period of deflation....On 28th June it stood at 484mil, a 100mil(-17%) supply decrease in 30 days....Small Love Potion (SLP) has seen a significant growth in price of +712% YTD as of June 28th....Axie floor prices increased from 0.03 ETH to around ~0.066 ETH, and MEO 2 Axie prices rose from 0.084...
9 Min
Games
Jul 2021
Price Retracements, AVAX Momentum, MetaMask Usage Climbs
...rundown of how it may play out, in short term & long term — Tascha (@RealNatashaChe) November 14, 2021...(@0xPolygon) November 16, 2021 StarkWare Valued at $2B EXCLUSIVE: Ethereum Layer 2 developer StarkWare...raises $50 million, now valued at $2 billion (via @Yogita_Khatri5) https://t.co/r5dVzHC0JQ?
3 Min
Macro & Markets
Nov 2021
Infrastructure
Jun 2019
Finding the Fun in Fundamentals #2 - Wemade
From 2019 to 2024, gross revenue grew from ₩113.6 billion ($87 million) to ₩711.9 billion ($547 million...However, even after recording a ₩308.1 billion ($237 million) net profit in 2021, the company posted...steep losses in 2022 and 2023, at -₩185.8 billion (-$143 million) and -₩206.7 billion (-$159 million)...
18 Min
Gaming
Jun 2025
Coordination, Public Goods and Crypto (Part 2)
...century, yet the amounts of money raised to acquire these seats have gone up astronomically to $1.2B in 2017...mathematical demonstration of the sub-optimality of the 1p1v system in provisioning public goods, see page...
11 Min
Asset Management
Nov 2020
Coordination, Public Goods and Crypto (Part 2)
...century, yet the amounts of money raised to acquire these seats have gone up astronomically to $1.2B in 2017...mathematical demonstration of the sub-optimality of the 1p1v system in provisioning public goods, see page...
11 Min
Asset Management
Nov 2020
The Shift to Layer 2: A Potential Disruption Catalyst for the AMM Ecosystem
...and then encourage liquidity providers to move over from the main pool to the layer 2 equivalent....Ideally a user executing a swap on the ETH-USDC pool on Unipig (Uniswap fork on the Optimism layer 2)...Ideally as a user, regardless of whether interacting with the ETH-USDC pool on layer 1 or on layer 2,...
5 Min
Layer 2 / L2
Nov 2020
WTF Is Anoma? Part 2: WTF Are Intent-Based Apps?
Part 2 – Applications In Part 1 we have overviewed Anoma’s intents and seen how they compare to Ethereum-style...“Part 2: WTF are intent-based apps?”...has 2 sections; First, we take a look at some existing intent-based apps across various verticals that...User 0xea wanted to sell 48,942 USDC and receive at least 26.66 ETH.
24 Min
Layer 1 / L1
Sep 2023
Zetachain Part 2: The Opportunity Ahead for Omnichain Applications
...the inscription technology by building a simple order book DEX for BRC-20 tokens....BRC-20’s on this DEX trade against sUSDT....The limited edition NFT collection boasted tiers ranging from $10K to $200K....Actual activity on Ordinals saw a significant spike between May and Sept 2023, averaging over 200K inscribed...
47 Min
Layer 1 / L1
Jan 2024
BAYC Gets BendDAO-ed & Internet Game Season 2
Internet Game is an interactive entertainment platform that is launching its Season 2, titled “Bear Market...There are 2 parts to the games....Part 2 is a live finale with 3 multi-player games hosted by Gmoney & Leah Lamarr....The Sandbox announces the start of Alpha Season 3 on August 24....Fractional raises $20M funding round, rebrands to Tessera.
11 Min
NFTs
Aug 2022
Riding Market Momentum
Momentum is the most powerful force in markets. And right now, stocks are taking it on the chin....For example, the NDX’s monthly RSI — a barometer for long-term momentum trends — only just breached the...Since 1990, every time the NDX’s monthly RSI broke above 70, the index was higher 12 months later (2007...
3 Min
Macro & Markets
Aug 2024
2/17 Analyst Call: BTC, Terra, Cosmos, NXM, NFTs, and Aggregators
Topics Covered: 2:05 – MicroStrategy’s Bitcoin Blueprint with Kevin Kelly 5:45 – Bitcoin ETF, Funds...& Futures with Kevin Kelly 6:27 – Inflation Expectations with Kevin Kelly 8:55 – Mirror & Terra...Cosmos IBC Launch with Medio Demarco 15:50 – How Nexus Can Incentivize Auditors with Medio Demarco 21...
1 Min
Layer 1 / L1
Feb 2021
SchizoPosters: The NFT Collection With the Most Momentum?
I AM LISTENING TO THE HELICOPTER NEWS GUY GETTING SCHIZO-PILLED IN REAL TIME https://t.co/26T8I9rIv4...pic.twitter.com/ZzOOp4ljIO — SCHIZOPOSTERS (REAL) (@SCHIZO_POSTERS) March 10, 2023 SchizoPosters are...Imperial recently sold for 10 ETH, which has repriced rares much higher and supports the idea that SP momentum...
4 Min
NFTs
May 2024
Base Takes Early 4844 Momentum
Stablecoins are up 25%. Trading Volumes are up 25% & 3x that of Optimism.
2 Min
Layer 2 / L2
Mar 2024
Drift Perps Hit $1B on Recent Momentum
We’re regularly clearing over $800M a day, with open interest >2x to $400M, making us the second largest...There’s been a… pic.twitter.com/RFirxMPXmD — cindy | drift (@cindyleowtt) July 18, 2025 There has been...new perps protocols hitting the market it will be important to monitor and see if Drift can keep the momentum...
1 Min
Perpetual Futures
Jul 2025