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Reserve & Celo - Part 2
...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
Solana the Modular
SVM everywhere Now looking into SVM enabled rollups, we’re currently seeing 2 cases broadly Rollups...Its performance might rival or surpass Gen 2 EVM rollups like MegaETH....To solve this, they’ve added an additional Layer 2....The 2 main applications that Rimark targets is Payment orchestration which serves as a side core and...
50 Min
Layer 2 / L2
Aug 2024
Layer 2: Rollups
In this report, we look at how the Layer 2 ecosystem is shaping up and dive into the varying rollup solutions...
1 Min
Infrastructure
Dec 2020
Axie Part 2 - Gamer Economics
Axie floor prices increased from 0.03 ETH to around ~0.066 ETH, and MEO 2 Axie prices rose from 0.084...flat throughout the month while Mystic 1 Axie floor price grew from 5.5 ETH to 9.99 ETH and Mystic 2...
9 Min
Games
Jul 2021
Solana the Monolith
Solana’s Nakamoto coefficient....example, every NFT is based on Metaplex’s standards, and until they make their programs immutable in ~2...and being included in the first iteration, and the other “c” transactions buffered until iteration 2...still >$0.10 and can get up to a few dollars when the L1 is congested (during PEPE mania it was $1-$2...
52 Min
Layer 1 / L1
May 2023
Infrastructure
Jun 2019
The Rise of Prop AMMs on Solana
Solana’s approach is quite different....Market Structure on Solana Prop AMMs are a sign of maturing market structure on Solana....stack to actually bring the internet capital markets to life Gavel process: 1. initial public sale 2....on Solana get implemented?...Become more sophisticated and shoot for good markouts on your fills 2.
24 Min
Spot Exchange
Jul 2025
Solana NFTs & Magic Eden
BAYC and CryptoPunks are far away in the lead as the top 2 PFP collections (by floor price)....fractionalization can significantly expand the market reach of NFTs by lowering the entry price and 2)...ME takes a 2% transaction fee per trade....decisions for the platform, including which collections to list, which collections to feature on the front page...
13 Min
NFTs
Mar 2022
Wormhole: A Solana/Ethereum Bridge ?
This means the guardians are selected by Solana/Serum....To this point, Serum, Terra, Stardust and Tether are all building on Solana. ...Layer-2 for Ethereum....Nodes are not known, churned regularly (every 3 days the 2 most unreliable nodes are churned out and...2 new nodes are churned in), and must stake a bond to have skin in the game instead of being known by...
5 Min
Infrastructure
Oct 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
Is Hadeswap the Sudoswap of Solana?
Today, we take a look into Hadeswap, a Solana-based NFT marketplace, and our Research team provides some...📊 Is Hadeswap the Sudoswap of Solana?...Hadeswap is an AMM-based NFT marketplace that launched on Sept. 26 on Solana....then, the platform has experienced outsized growth to become the second-largest NFT marketplace on Solana...
4 Min
NFT Marketplace
Oct 2022
Paladin of the Solana Round Table
MEV on Solana: A High-Stakes Game Solana’s is a powerhouse of speed and efficiency....However, this very efficiency has turned Solana into a high-stakes battleground for MEV extraction....In the first quarter of 2024, most metrics associated with Solana MEV repeatedly hit new highs....Despite this setback, MEV activity on Solana continues to thrive.
21 Min
DeFi
Sep 2024
Finding the Fun in Fundamentals #2 - Wemade
The token briefly ran 50% ($2-$3) in the weeks leading up to release before continuing to chart a seemingly...
18 Min
Gaming
Jun 2025
Is Solana NFT Summer Here? Part II: NFT Finance & Claynosaurz
There is an upfront borrower’s fee of up to 2% on the loan value....Section 2: NFT Collections on Solana We analyzed the top 30 NFT collections on Solana (by trading volume...collections on Solana....However, it’s worth celebrating that they have endured for 1-2 years since launching — a considerable...
18 Min
NFTs
Apr 2023
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...It has 2 modes of operation; fast and slow.
24 Min
Layer 1 / L1
Sep 2023
Coordination, Public Goods and Crypto (Part 2)
...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)
...mathematical demonstration of the sub-optimality of the 1p1v system in provisioning public goods, see page...
11 Min
Asset Management
Nov 2020
Solana NFTs in 2024: A Hotbed of Opportunities
Early supporters during Seasons 1 and 2 were able to mint Tensorian NFTs in August last year....Among the 7 species of Claynosaurz currently available, Dactyls are the rarest (2%) — the “grails” of...bad, and sometime shitty, takes on solana art scene; 2) many artists and collectors do not care about...Solana is the "Dark Horse".
39 Min
NFTs
Feb 2024
Total Liquidity Processed by Solana Plummets
Today, we take a look at Solana following FTX’s implosion while our Research team provides insights into...📊 Total Liquidity Processed by Solana Plummets The daily total liquidity processed by Solana is...Since then, Solana has averaged $1.4B per day....The number of daily active wallets on Solana is down 29% as well.
4 Min
Layer 1 / L1
Dec 2022
Sanctum: Solana's Overlooked Fundamentals Play?
Introduction This memo will discuss Sanctum, an LST platform on Solana....Sanctum is essentially Solana’s clearing house for staked SOL....Rather than deactivating the stake account and wait 2-4 days for SOL, users can trade an LST for SOL...Depositors receive INF, a yield-optimized index of Solana LSTs.
10 Min
DeFi
Jul 2025