Opyn and Ribbon have had a symbiotic relationship, with Ribbon's added functionality helping to bolster Opyn's utility. But what does the future have in store for these two protocols?...

ETH burns, Axie's inflection point, and DeFi narratives....

$53 Million ETH Burned in 5 days, options market sentiment, and the continuing NFT mania....

ith EIP-1559 going live today, a weak "sell the news" event played out right before the US session. NFTs continue their run. Over 1,700 ETH has been burnt at the time of writing this report....

The stablecoinization of BTC futures, insights from the options market, and the rise of independent cryptocurrencies....

A concise highlight reel of important datasets we're tracking across markets, DeFi, NFTs, and macro trends....

More insight on BTC's move from the options market, GBTC unlocks are over, and a new era for Binance....

An update from the world of DeFi and NFTs....

A look at BTC markets after yesterday's chaotic price action....

We're excited to provide a large update on THORChain, which we present in 3 parts. First, we share our brief assessment on the recent unfortunate exploit. Next, we analyze historical THORChain MCCN da...

Futures contracts saved from backwardation, Perpetual Protocol's road to PMF, and CryptoPunk ownership...

A brief comparison on dYdX & Perpetual Protocol's recent traction, in addition to updates on MCDEX, Futureswap, Vega and Injective....

Insights from the options markets, and (potentially) crypto's first countercyclical asset....

Since it launched in December, Perp Protocol has facilitated $20B in total trading volume and generated $20M in protocol earnings. V1 has clearly been a success. Here's what you can come to expect out...

How Bitcoin fares against legacy assets, sign of market indecision, and a small jolt to the Lightning Network....

Bitcoin's struggles may continue barring an unexpected catalyst or drastic change in policy, but on-chain indicators support our long-term conviction in BTC....

BTC speculators take a big hit, OpenSea is the Uniswap of NFTs, and an analysis of Uniswap LP products....

Funny business on BTC futures, DeFi hopium, Axie's relentless growth, and Meebit's just may be cool again....

Shorts on Bitfinex are back at it, Axie leads dApp revenue, ENS registrations hit all-time high, and OlympusDAO's ascent....

A look at recent Bitcoin market data, how revenge shorts are paying a fortune to AXS and SAND longs, and Polygon's declining numbers....