Reports721 results
A Nuanced Approach to Estimating Mark-to-Market Crypto-Asset Values
The reasons for the monumental collapse of FTX still aren't entirely clear. There are numerous theories that speculate on what went down. Yet, nothing can be said with absolute certainty. That said, s...
15 Min
Macro & Markets
Dec 2022
The Year Ahead for Infrastructure
A popular takeaway regarding the FTX drama has been that this was not a DeFi problem, but a TradFi one. It’s absolutely true that custody risks apply to CEXs and not DeFi. Yet, given the size of the c...
83 Min
MEV
Dec 2022
Monthly Chartbook - Uncertainty Reigns Supreme Post-FTX Collapse
Has anything changed on the macro front given the macro-driven bear market? This month, the answer is…we’re getting closer....
19 Min
Macro & Markets
Dec 2022
November Gaming Roundup
The total market cap for all gaming-related tokens hit roughly $7.4B at the end of November, representing a 17% increase from September, according to CoinGecko. However, as we will illustrate in this...
12 Min
Games
Dec 2022
Delphi Office Hours Call (December 8th, 2022)
Join us as we discuss recent price action, Maple Finance's troubles, what on-chain metrics say about the markets, DAO treasury ranks, how insightful bridge flows are, and more....
1 Min
Macro & Markets
Dec 2022
The Year Ahead for Gaming
Gaming was a primary driver of the 2021 mania, yet it has given way to cold realism as we move into the trough of disillusionment....
35 Min
Games
Dec 2022
The Year Ahead for DeFi
In this report, we look to highlight some key opportunities and challenges for DeFi and spell out the reasons we remain optimistic that DeFi will thrive....
54 Min
Options
Dec 2022
The Year Ahead for NFTs
We looked at the year that was and the year that may be in the world of NFTs....
44 Min
NFT Marketplace
Dec 2022
The Curious Case of Token Unlocks
Tokens are an integral part of crypto projects. Over the years, the way token economies are designed has changed considerably, becoming increasingly complex. They can help a good project prosper but f...
24 Min
Macro & Markets
Dec 2022
Delphi Office Hours Call (December 1st, 2022)
Join us as we discuss SUAVE from Flashbots, how DeFi trading infrastructure can be improved, Uniswap's NFT plans, RPC alternatives, Frax's staked ETH growth, and more....
1 Min
Macro & Markets
Dec 2022
The Current State of Crypto Insurance
The emergence of DeFi opened up yield-generating opportunities across many protocols. But as protocols gained traction and saw increasing deposits to smart contracts, this created lucrative opportunit...
10 Min
Asset Management
Nov 2022
Liquity's Chicken Bonds: Will They Fly?
Chicken bonds are a bonding mechanism that can be applied to yield-bearing tokens to bootstrap protocol-earned liquidity while boosting yields for bonders. The enhanced yield on boosted tokens is deri...
11 Min
Structured Products
Nov 2022
Crypto Insider Talks: The FTX Aftermath
Join us as we dissect the fallout from the FTX collapse and how the industry can move forward....
2 Min
Macro & Markets
Nov 2022
A Primer on NFT Wash Trading
NFT wash trading is a subset of price manipulation that occurs for two main reasons. The primary reason is to earn trading rewards from incentivized platforms such as LooksRare and X2Y2. These platfor...
9 Min
NFT Marketplace
Nov 2022
Delphi Office Hours Call (November 17th, 2022)
Join us as we discuss early stage projects we're watching, the FTX fallout for NFT and gaming projects, sectors that could be prominent in the next cycle, and debate how effective proof of reserves wi...
1 Min
Macro & Markets
Nov 2022
Reputational Identity — 2022 Progress Update
The idea of a decentralized identity is a core component of the Web3 technology stack. As it matures, it will unlock a whole new set of use cases in DeFi, NFTs, and future paradigms in crypto....
22 Min
Identity
Nov 2022
Morpho Finance: A Pareto-Efficient Lending Optimizer
Instead of just P2Pool matching, as with Aave and Compound, Morpho uses a hybrid model. It combines P2P matching with the underlying P2Pool market as a fallback....
13 Min
Money Markets
Nov 2022
Monthly Chartbook - Inflation Cooperates, But Is It Enough?
This month’s Monthly Chartbook focuses on the macro outlook, market structure & on-chain observations, L1s, L2s, & DeFi analysis, and an NFTs & gaming sector breakdown....
20 Min
Macro & Markets
Nov 2022
The Aftermath of FTX's Downfall
We broke down the FTX collapse and what it means for the industry going forward....
32 Min
Financial Market Themes
Nov 2022
Delphi Office Hours Call (November 10th, 2022)
Join us as we break down the chaotic FTX story and what it means for the industry moving forward....
1 Min
Macro & Markets
Nov 2022