Reports75 results
Ostium is building the decentralized broker layer for global markets, routing trades directly to institutional liquidity instead of recreating order books. The result is execution that scales with rea...
Perpetual Futures
Apr 2026
This is not a technical explainer, it’s an EV-weighted, liquid allocation framework for positioning ahead of two potential Solana perp DEX winners. Bullet is the more proven, lower-variance, closer-to...
21 Min
Perpetual Futures
Oct 2025
Self-custody and censorship resistance are seldom the deciding factors for the average user selecting a crypto exchange. The collapse of FTX created a window of opportunity that DEXs have thus far fai...
40 Min
Derivatives
Jul 2023
Implementing leverage in crypto is not easy. Many current platforms use middle-term solutions or large off-chain components. Crypto leverage trading therefore lacks the composability and permissionles...
12 Min
AMM
Mar 2023
Arbitrum’s DeFi ecosystem is starting to look strong. Arbitrum-native projects such as GMX have outperformed during the bear cycle and rekindled the spirit of experimentation and composability. Arbitr...
11 Min
Perpetual Futures
Feb 2023
🌅 Welcome! The U.S. Department of Justice is seizing Sam-Bankman Fried’s Robinhood shares. Elsewhere, Genesis tells clients that it needs […]...
4 Min
Perpetual Futures
Jan 2023
GMX’s success has resulted in competitors attempting to replicate it with designs inspired by GMX. Mycelium (previously TracerDAO) and MUX (previously MCDEX) are two protocols designed very similarly...
21 Min
Perpetual Futures
Oct 2022
🌅 Welcome! Two crypto draft bills are front and center today. The US is trying to ban algorithmic stablecoins, while […]...
4 Min
Perpetual Futures
Sep 2022
Introduction Decentralized exchanges (DEX) are arguably the most successful applications in the smart contract era. Blockchains are built to secure […]...
37 Min
Perpetual Futures
Jun 2022
Chart of The Week – Risk On, Risk Off Sentiment in crypto ebbs and flows like a tide rolling in […]...
10 Min
Perpetual Futures
Apr 2022
NOTE: Since original publication, Tracer Dao has re-branded to Mycelium. Introduction The most intimidating aspect of digital assets for most […]...
12 Min
Perpetual Futures
Mar 2022
Earlier this month, we published a deep dive on Vega Protocol, one of the most ambitious attempts to build an […]...
9 Min
Spot Exchange
Feb 2022
A Brief Introduction to Vega Vega is a standalone blockchain with a single purpose: being the base layer for a […]...
21 Min
Perpetual Futures
Feb 2022
The Great Deleveraging Leveraged longs took a senseless beating over the last week — and it was perhaps overdue. BTC’s […]...
5 Min
DeFi
Dec 2021
The DEX space is rife with innovative designs that enable efficient swaps across a multitude of assets. One of the […]...
13 Min
Derivatives
Nov 2021
Market Updates All eyes are on Proshare’s Bitcoin Futures ETF today, the first Bitcoin-linked ETF in the US, as it […]...
4 Min
DeFi
Oct 2021
The Bulls are Back BTC just recorded its highest weekly close on record last week; let’s let that sink in. […]...
5 Min
DeFi
Oct 2021
We recently hosted our live, bi-weekly analyst call on October 15th, where we discussed our outlook for Crypto Markets, our recent Research and Open Questions from our Institutional members....
1 Min
Layer 1 / L1
Oct 2021
Bitcoin is leading the crypto market higher, breaking out of a multi-month consolidation as it looks to retest its highest […]...
16 Min
Derivatives
Oct 2021
ETH/BTC Rebounds From Key Support From Oversold Regions After days of hovering at the bottom of the 0.06 to 0.08 […]...
3 Min
DeFi
Oct 2021



















