Top Results170 results
Reflexivity & the Fall of the Efficient Market Hypothesis
...concepts: fallibility and reflexivity....The Theory of Reflexivity in General Terms After all of that, what exactly IS the Theory of Reflexivity...This is the idea of reflexivity....More on reflexive feedback loops shortly. ...Keep in mind that not all price dislocations are a product of reflexivity.
22 Min
Financial Market Themes
Aug 2022
Liquidity Cascades & the Evolution of Financial Markets
...logical continuation and practical application of many concepts that were discussed in the report “Reflexivity...These concepts include reflexivity, feedback loops (both positive and negative), incentives, and many...The Market Incentive Loop is a real-world application of the reflexive feedback loops discussed in our...Reflexivity Report.
24 Min
Financial Market Themes
Sep 2022
The Public Crypto Accumulator Era - Part 1
These are public crypto accumulators: companies that use equity, debt, and reflexive investor demand...The result is a reflexive system....But this reflexivity works both ways....Balance Sheet Reflexivity: SharpLink’s capital raise created a reflexive loop where ETH accumulation...
31 Min
Macro & Markets
Jun 2025
April Showers… May Flowers? - Macro & Markets May 2025
These surges coincided with upward moves in BTC price, reinforcing the reflexive relationship between...Extreme Optimism (80–100): Euphoric conditions, often driven by reflexive inflows or over-positioning...Interpretation in Reflexive Contexts The Hope Metric draws on reflexivity theory commonly applied in...
25 Min
Macro & Markets
Jun 2025
Market Musings - Strong Summer Start Turns Sour
...everyone getting waxed 20%+ over the last month, with AI and MEME sectors getting hit the hardest (reflexivity...(perhaps in an attempt to outperform the perceived crypto benchmark), which likely plays into this reflexive...
12 Min
Macro & Markets
Jun 2024
Is RAI the Decentralized Stablecoin the Market Needs?
...this report, we explore an alternative form of crypto native money: RAI, a non-pegged stablecoin by Reflexer...Reflexer can be difficult to wrap your head around at first due to the sheer number of market driven,...Reflexer’s SAFEs — akin to Maker Vaults — have seen minting/creation rates slow to an abysmal pace.
11 Min
null
Aug 2022
Stablecoin Supply, Airdrop Rumours & FX Stablecoin Pools
...s=w —0xHamZ (@0xHamZ) May 18, 2022 Momentum Bitcoin and Reflexivity Crypto remains a reflexive asset...fundamentals, you must admit the opposite. https://insights.deribit.com/market-research/momentum-bitcoin-and-reflexivity...
6 Min
AMM
May 2022
Following the Market's Footprints: Order Flow Explained
The topics discussed below build on the foundations from our Reflexivity, Liquidity Cascades, and Inelastic...Part one of this report series, Reflexivity & the Fall of the Efficient Market Hypothesis, focused...If markets are reflexive and inelastic in nature, and if order flow mechanics are the determining factor...
28 Min
Financial Market Themes
Feb 2023
Will ETH Remain Inflationary Despite The Merge?
This refers to a real-world application of the reflexive feedback loops discussed in our previous report...on reflexivity and the fall of the Efficient Market Hypothesis.
4 Min
Macro & Markets
Sep 2022
Vertical Integration vs. Creator Alignment: Pump.fun and Raydium's Battle for Solana's Memecoin Economy
...positive price action for $BONK itself, which has climbed from around .000016 to .000020, creating a reflexive...Success here could trigger a reflexive cycle, especially across Crypto Twitter where sentiment already...
16 Min
DeFi
May 2025
An Urbit in Our Stars
Importantly, this valuation method is reflexive and heavily relies on the price of Planets....As mentioned, this method is extremely reflexive and should be taken with a grain of salt....Like the aforementioned valuation model around Galaxies, this is extremely reflexive and based on users...As mentioned, the reflexive valuation of Urbit is tied to the value of Planets.
36 Min
Storage
Dec 2022
Bitcoin's Global Breakout
We’re now in the midst of a reflexive loop where higher price attracts more capital flows, which in turn...
5 Min
Macro & Markets
Mar 2024
Governance Digest
In The Forums Reflexer Becomes Ungovernable Synopsis: Reflexer, an unpegged algo-stablecoin protocol...User Sionescu has posted a great synopsis of the first phase of this process in the Reflexer governance...From governance minimized protocols like Reflexer to actively managed protocols like Juicebox, each position...
9 Min
DAO
Jan 2022
The Rise of Ethena: Unpacking The Emerging Synthetic Dollar
The most commonly cited response is that there is an “anti-reflexive” dynamic baked into the Ethena design...It is worth noting that this would be a slow “bleeding out” rather than a reflexive collapse to zero....In the absence of enough liquidity to absorb mass redemptions, the “anti-reflexive” logic begins to break...
40 Min
DeFi
Apr 2024
Aave on AVAX, Delta One Farming, & veToken Alternatives
Initially, this has reflexivity to the upside....A reflexive loop to the downside begins to take hold, as liquidity exiting the DEX makes it fundamentally...
8 Min
Money Markets
Apr 2022
Friend.Tech Continues Making Waves
Similar to the unwind with OHM, this strategy is very reflexive and has potential catastrophic consequences...
7 Min
Social Media
Sep 2023
Difficult Choices for Tribe DAO and USDD Tries for a Gauge
Around the DAOverse Ameen tells crypto-twitter that Reflexer Labs will dissolve in favor of Reflexer...
8 Min
DAO
May 2022
Bancor Considers a BNT Burn, and a New DAO Model for SafeDAO
Reflexer Finance considers updating RAI’s oracle to include an overlay that reports Chainlink oracle...
6 Min
DAO
Sep 2022
Select NFTs Shine, RAI Proves Stable, DAO Updates
Reflexer’s Path to Adoption RAI, a pegless stablecoin, has proved to have an effective design, as evidenced...A very small number of Reflexer Safes — akin to Maker’s vaults — have been created daily since the initial...
4 Min
DAO
Sep 2021
Ethena: The Stablecoin Pure Play
...more on this later) Assuming StablecoinX gets any sort of bid, the effects on price could be very reflexive...it can raise more cash to buy ENA via ATMs/PIPEs, raising the price of ENA, and creating a positive reflexive...protocol’s fundamentals are already best-in-class in the stablecoin market, but the confluence of a reflexive...
5 Min
DeFi
Aug 2025