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Heads or Thales: Exploring the Potential of Positional Parimutuel Markets
Winning positional tokens are redeemable for one dollar, while losing positional tokens expire worthless...These positions are expressed via UP or DOWN positional tokens....On a vanilla CFMM like Uniswap v2, liquidity provision is a positive delta position and should be viewed...
26 Min
Options
Jan 2023
DEX Aggregator Wars: The Positive Slippage Experience
Other Protocols… First off, positive slippage is the difference between an asset’s quoted price and the...Positive slippage is just one way the quoted price can deviate....However, one could potentially argue that extracting some rent (positive slippage) that has a marginal...positive and negative, that help bootstrap Defi protocols.
4 Min
DeFi
Jan 2021
On-Chain Metrics Suggest Positive Momentum For BTC
We should note that capital inflows to BTC investment products, while still positive, have slowed in...
5 Min
Infrastructure
Apr 2021
ETH Borrow Rate On Aave Rises As Users Position For The Merge
📊 ETH Borrow Rate On Aave Rises As Users Position For The Merge On August 14, the variable interest...This increase is likely the result of users positioning themselves to profit off a potential hard fork...Market Price < Redemption Price In this situation, the redemption rate is positive.
5 Min
Money Markets
Aug 2022
Huobi Basis Deviates, Options Skew Signals Positive Outlook, OpenSea Hits ATHs
Market Update This week started off with positive price action across crypto....Typically, this means the options market isn’t too positive in the near term....However, Nov. and Dec. 2021 skews look positive with higher implied volatility for strike prices above...Market Update This week started off with positive price action across crypto.
3 Min
DeFi
Oct 2021
Michael Egorov’s CRV Positions
Curve, Michael Egorov (0x7a16ff8270133f063aab6c9977183d9e72835428), currently has three large debt positions...Aave Position: Egorov currently has 305m CRV supplied against 63.2m USDT of debt on Aave....At a liquidation threshold of 55%, his position would be eligible for liquidation at 0.3767 CRV/USDT.
4 Min
DeFi
Jul 2023
Pre-Election Jitters & Positioning
...said, it’s worth looking at how things have shaken out over the last few trading sessions, and what positioning...Once this speculative and overzealous pre-election positioning has been wiped out, we will be able to...
3 Min
Macro & Markets
Nov 2024
Pengu Update: Analysis of Cultural Relevance and Market Position
Since my last alpha feed post, Pengu has basically dumped and revived in the span of a few months. This post provides an update on Pengu changes and examines what might be driving the recent volatilit...
4 Min
Other
Jul 2025
$TIG Well Positioned For The DeSci & Base Wave
If they start to get more recognition from the community, they are well-positioned to grow quickly.
2 Min
Infrastructure
Nov 2024
Can OpenSea defend its position as marketplace leader?
Going forward, its going to be interesting to see how OpenSea defends its position from new marketplaces...If OpenSea continues to do nothing, their current position can likely be displaced in the future.
1 Min
NFT Marketplace
Feb 2023
Positioning Early: Kittenswap, Hyperswap and the HyperEVM DeFi Opportunity
Not just for yield, but for points, governance power, and exposure to the protocols best positioned to...Could be wise to position early across both platforms as DeFi on Hyperliquid is still in its early days...
9 Min
DeFi
May 2025
Helium and Melon Update: Cautious Traction
With positive price action for both Helium (HNT, ~$0.20 to $2) and Melon Protocol (MLN, $5 to $50+),...We believe the change has been positively received by the community....term red flag, we denote that this is likely from users flocking to liquidity mining schemes Melon is positioned...
6 Min
Infrastructure
Aug 2020
Bitcoin Update: Reflecting on 2022 and the Future
But there were positives as well, like the introduction of Taro....Miners Forced to Offload BTC Given the price of BTC and miners’ distressed financial position, it should...Each of these could kick off a renaissance in Bitcoin and act as a positive catalyst for price movement...
14 Min
Proof-of-Work
Jan 2023
Splinterlands and the Emergence of Yield Guild's SubDAOs
Yield Guild Games continues to position itself as a major stakeholder in the ever expanding play-to-earn...By positioning itself as the index of SubDAOs, YGG will broadly become an effective index of the play-to-earn...tokens in the hands of the players themselves will better align incentives and ultimately be a net positive...
13 Min
Gaming
Jan 2022
Aavegotchi Respecs Their Users and Merit Circle Gets Secretive
News Aurigami integrates Minimax Finance in their protocol, allowing users to better manage their positions...Our Position: Llama is a solid organization that specializes in providing services to DAOs....Discord News Aurigami integrates Minimax Finance in their protocol, allowing users to better manage their positions...
8 Min
DAO
Sep 2022
ETH 2.0 Won't Stop, Sushiswap Loses Pace, and BTC Futures Basis Back on Track
BTC Futures Basis Turns Positive Again After a brief tango with backwardation, 1 month BTC futures are...once again trading with positive annualized basis after testing long-term support levels on Tuesday....India has moved away from its position of banning the cryptocurrencies and is likely to classify #Bitcoin...
3 Min
Infrastructure
Jun 2021
The Butterfly Effect of UNI Rewards Ending - Part I
$396,444,236 USDC: $248,386,377 USDT: $238,729,802 DAI: $169,763,176 Given Uniswap’s strong and engrained position...Given Uniswap’s strong and engrained position within the market, these rewards going away will impact...
7 Min
AMM
Nov 2020
The Good, The Bad, & The Ugly [Charts]
$30k, but the latest price drop, rebound, and subsequent roll over puts bitcoin in a very precarious position...the recent market correction has been the washout of many short-term speculators and some leveraged positioning...tend to see outsize selling from longer term holders as BTC nears its peak, as measured by their net position...
6 Min
Macro & Markets
Jun 2021
Bitcoin - Back From the Future
An initial glance at these charts tells us that halvenings positively affect Bitcoin’s price....There is no guarantee that the upcoming halvening will have a positive effect....Bitcoin and gold are positively correlated at around .64....However, Bitcoin may become more positively correlated to gold and commodities.
17 Min
Layer 1 / L1
May 2023
The Fat Wallet Thesis
Moreover, as the ultimate front-end, I believe no one is better positioned to monetize this value than...This would imply the wallet layer is best positioned to become the canonical front-end for AI agents....Once again, by meeting users where they are (i.e., at the account layer), wallets are well-positioned...
32 Min
Wallets
Oct 2024