Reports590 results
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
Exploring DYAD: A New Approach to Decentralized Stablecoins
DYAD is a new overcollateralized algo-stablecoin with NFT-gated token minting....
14 Min
Algorithmic Stablecoins
Nov 2022
Gearbox Protocol: Shifting DeFi Into the Next GEAR
Gearbox is one of the few recent 0-1 products in DeFi, bringing a more efficient approach to leverage....
10 Min
Vaults
Nov 2022
Fraxlend Attracts $10M in Collateral as a Whale Deposits CRV
🌅 Welcome! A Southeast Asian crypto hub proposes clamping down on leverage and the CEO of a prominent crypto exchange […]...
4 Min
Money Markets
Oct 2022
The Emergence of Principal-Protected Yield in DeFi
After two years of free money, DeFi yields have fallen to unimpressive levels. The days of depositing stables into a Yearn vault for 20% APY seem long gone. Crypto yields are now struggling to compete...
10 Min
Structured Products
Oct 2022
Can Euler Finance Carve Out a Moat?
Aave and Compound have paved the path for the basic money market design space in DeFi. While Euler's TVL is incredibly small compared to them, it has been a standout year for the protocol's growth....
13 Min
Money Markets
Oct 2022
The Better TWAP Oracle: Arithmetic or Geometric Mean?
Delphi Labs is proud to present a overview on arithmetic and geometric mean TWAPs. In this piece we’ll try to […]...
1 Min
AMM
Oct 2022
GMX's Success Spawns Competition, But Can They Keep Up?
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
The State of Undercollateralized DeFi Lending
Unsecured lending is one of the best ways to unlock capital efficiency in DeFi, and various protocols have tried their hand at developing robust systems to earn the trust of crypto lenders. In this re...
10 Min
Unsecured Lending
Oct 2022
Monthly Chartbook - Falling Out of the Merge
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....
21 Min
Macro & Markets
Oct 2022
SLAMM: A Unified Model for Cross-Chain Liquidity
DISCLAIMER This whitepaper is intended solely for informational purposes. The ideas are theoretical and have not yet been implemented. The […]...
25 Min
AMM
Oct 2022
Select Stablecoin Market Caps Decline As Binance Auto-Converts To BUSD
🌅 Welcome! A trillion-dollar financial services company is launching an Ethereum fund and a bankrupt crypto fund’s multi-million dollar NFT […]...
3 Min
Cash-Backed (Custodian) Stablecoins
Oct 2022
Sei Network: DeFi-Optimized Cosmos Chain
When building blockchains, we generally try to bucket them into two distinct boxes: general purpose or app chain. General purpose chains for permissionless innovation and app chains for permissioned a...
15 Min
Orderbook
Sep 2022
Do Fundamentals Matter in Crypto Markets?
Introduction There are a number of crypto projects that generate revenue and simultaneously reward their users and token holders. Sometimes […]...
17 Min
DeFi
Sep 2022
GMX Traders On Arbitrum Are Down Bad This Week
🌅 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
NFT Lending: A Rising Opportunity When NFTs Meet DeFi
Introduction In 2020, we had “DeFi Summer.” We witnessed the rise of core building blocks of an alternative, decentralized financial […]...
18 Min
NFTs
Sep 2022
Arrakis Finance is Growing, But Must Shed Dependence
The Land of Liquidity Uniswap v3 was born out of the capital inefficiencies and LP trade-offs faced by its predecessor, […]...
10 Min
Vaults
Sep 2022
Finding a Home for Labs
Delphi Labs is Delphi’s protocol R&D arm, with a team of ~50 dedicated to building new Web 3 primitives. Previously, the team was focused on researching & developing protocols on Terra. In the...
48 Min
Inside Delphi
Sep 2022
Lyra: A Next Generation Options AMM
When it comes to crypto options, Deribit reigns supreme. As is the case with all centralized crypto platforms, DeFi teams are trying to build competitors that remove the market’s reliance on centraliz...
23 Min
Options
Sep 2022
It's SAFE to Say Gnosis is a Monopoly
Table of Contents Introduction The Unsung Hero of Crypto An Exponential Rise in Usage The $SAFE Question Speculating on Monetization […]...
11 Min
Asset Management
Aug 2022