Axie’s community treasury has grown from less than $1M to over $14M in ~2 months from breeding and marketplace fees, implying a P/E ratio of 7.59....

After much anticipation, EIP-1559 is set to go live next month. In this post, we'll attempt to answer the question on everyone's mind - will it turn ETH net deflationary and, if so, when?...

On a day that marks the monthly close, the market appears indecisive and rangebound even with strong performance across the board yesterday....

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BTC speculators are capitulating on spot holdings, DeFi rates follow DeFi prices, USDC expands its market share, and OpenSea sustains high monthly volumes....

With the recent launch of Convex, more and more CRV is being locked up in governance. How long until there's no more CRV available to lock up?...

China Piling Up FUD, Miners Net Dumping, and Hashrate Decentralization....

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DeFi user growth falls, Yearn user growth rises, and the search for high DeFi yields....

Quarterly derivative expiration, funding turns negative, futures volume shoots up, and the state of CryptoPunks....

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Bitcoin futures data signals hope, reading into BTC's implied volatility, and hash rates for Bitcoin and Ethereum....

China Piling Up FUD, Miners Net Dumping, and Hashrate Decentralization....

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An update on Bitcoin market structure....

Liquidity is spreading across layer 1s and 2s as multi-chain becomes the new norm. Meet the bridge builders seeking to keep liquidity liquid....

BTC HODLers are kicking back into action, BTC options are ticking up again, Yearn's fundamentals detach from YFI price, and Polygon DEXes recover fast....

Polygon is capturing retail attention, a ray of hope for BTC bulls, and UNI's detached price movement....

A comparison of YTD Layer 1 performance, structural sentiment data for BTC and ETH, and Axie's monstrous quarter....

A small note that going forward the Delphi Ventures Showcase will shift to a quarterly schedule going forward. That being said, May has been an outstanding month for Delphi Ventures as numerous portfo...