This report explores how prediction markets and futarchy harness the general intelligence of markets and why they are two of the most powerful ideas to come out of crypto since Bitcoin and Ethereum....

In this report, we will take a practical look at some of the most inefficient markets that exist today and draw parallels to crypto apps exploring solutions. We will unpack zkTLS and discuss why it is...

The report discusses Paladin, a solution designed to combat predatory MEV while allowing validators, stakers to capture maximum proceeds from other MEV opportunities. We dive deeper into the Paladin b...

In an industry where the laws of competition are inherently accelerated, the concept of a moat is profoundly important. However, we currently lack the right frameworks for understanding moats, and dow...

Was ETHCC as depressing as CT made it out to be, or were there things to be excited about? We'd argue the latter, with things like DEX design, TEEs, Preconfs, Based Rollups and Chain Abstraction all b...

Astroport excels in the competitive AMM space by catering to passive liquidity providers with its advanced algo pool model. By dynamically adjusting fees and liquidity concentration, it offers superio...

Token airdrops often lead to inflated activity pre-snapshot and declines post-distribution. Data from major projects shows the need for better strategies to build lasting communities. This report sugg...

CEX volume is, on average, 10 times higher than DEXs. Is this just because of a better UI? We think there is more to it. Making financial moves in open, transparent blockchains is not free of conseque...

Contango is an emerging project sitting at the intersection of lending and leverage trading. In this memo, we will evaluate Contango's approach to leverage trading and explore how it can take advantag...

Introduction MakerDAO has historically been punished for its lack of innovation and stagnant culture, but it could be on […]...

Watch on YouTube: Listen on Spotify:...

Amidst the fast-evolving landscape of decentralized finance (DeFi), the lending sector has been notably slow-moving due to the prominent design of complex multi-asset lending pools and protocol decisi...

Intro The stablecoin duopoly is being challenged. After rapidly scaling supply from zero to over $2.2B in less than a […]...

“Oracle-less primitives” are aiming to revive foundational tenets such as decentralization, trustlessness and composability ensuring that they are not optional luxuries, but rather prerequisites for a...

Telegram trading bots burst on the scene last summer, offering the market a much-needed fun new concept in the midst of a lethargic bear market. Trading bots were a major driver in the memecoin rally...

The question heading into tomorrow is what will JUP trade at, and how much will the airdrops be worth? To try and answer this, we’ll need to make some assumptions. But first, let’s start with what we...

Join our expert analysts as they delve into their top highlights and forecast the key trends for 2024. This is […]...

The last year was massive for both Delphi Research and the broader Web 3 industry. Although we only felt the […]...

Introduction On the surface, 2023 may seem like a pretty uneventful year for DeFi. The chaotic global macro environment and […]...

The mechanisms for value accrual can differ significantly across various tokens. This report aims to scrutinize four distinct models of value accrual implemented by tokens, draw comparisons among them...