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Extreme Greed Returns as Bitcoin Dominance Falls
GBTC Slowly Recovers From BITO Launch The discount on Grayscale’s flagship Bitcoin-based product (GBTC) dropped to ~20% on October 18th […]...
3 Min
Infrastructure
Oct 2021
Leverage Watch, ETF Traction, and Relentless L1s
With Great Leverage Comes Great Responsibility Earlier today, ETH did what we’ve all been waiting for: it pushed towards its […]...
3 Min
Infrastructure
Oct 2021
Is a Bitcoin Futures ETF Really THAT Bad?
Primer The ProShares Bitcoin ETF launched yesterday, attracting over $500M in capital on day one. However, the ETF isn’t simply […]...
5 Min
Infrastructure
Oct 2021
Delphi Bi-Weekly Analyst Call (October 15th, 2021)
We recently hosted our live, bi-weekly analyst call on October 15th, where we discussed our outlook for Crypto Markets, our recent Research and Open Questions from our Institutional members....
1 Min
Layer 1 / L1
Oct 2021
Time to Buckle Up: The State of Global Markets
Bitcoin is leading the crypto market higher, breaking out of a multi-month consolidation as it looks to retest its highest […]...
16 Min
Derivatives
Oct 2021
Flashing A Light On The Dark Forest - Part 1
The concept of Maximal Extractable Value (MEV) has been thrust into the spotlight over the past few years, particularly as […]...
13 Min
MEV
Oct 2021
Trader Joe Ascends Amidst Avalanche Rush
Trader Joe has taken the Avalanche ecosystem by storm, becoming the dominant DEX on the network in only 2 months. […]...
6 Min
Lending / Borrowing
Oct 2021
Incentives Rule Everything Around Me: Multi-Chain Edition
Market Update After yesterday’s rally, BTC is having a breather as L1s take center stage again. Apart from L1s, DeFi […]...
4 Min
Infrastructure
Oct 2021
Make or Break For Crypto Markets
Market Update Today was starting to look despondent, with BTC seeming to have rejected a key trend line, and other […]...
4 Min
Infrastructure
Oct 2021
Delta-Neutral AXS Farming, LUNA Burns, Yield Generating NFTs
Market Update The broader crypto market is seeing a slight pullback after the weekend run-up, seemingly weighed down by traditional […]...
4 Min
Infrastructure
Oct 2021
The Delphi Chartbook - September 2021
In this edition of the Delphi Chartbook, we cover crypto markets, DeFi, L1s & L2s, and important macro data points. […]...
10 Min
Infrastructure
Oct 2021
Bitcoin Market Structure, Fees and Lightning
Market Update Barring a handful of tokens and stablecoins, virtually all of crypto is in the red today. The Sep. […]...
4 Min
Infrastructure
Sep 2021
Relief Rally, L1s Battle, L2s Gain Steam
Market Update The wider crypto market seems to be experiencing some relief on the back of receding volatility expectations following […]...
3 Min
Infrastructure
Sep 2021
An Update on DeFi Markets
Market Update With L1 szn taking hold of crypto markets, DeFi coins have fallen out of favor over the past […]...
8 Min
Asset Management
Sep 2021
Did the Market Overreact Last Week?
Market Update After a strong showing this week, BTC spent most of today chopping around between $47K and $48.5K. DeFi […]...
4 Min
Infrastructure
Sep 2021
The Cosmos Ecosystem Has Arrived
An Introduction To Cosmos Competition amongst the various Layer 1s has never been hotter. Ethereum, Solana, Avalanche and others have […]...
14 Min
Layer 1 / L1
Sep 2021
Arbitrum's Bridge Activity and Its Impact on DeFi Sentiment
Market Update The market is bouncing for a second consecutive day, and every session (Asia, Europe, North America) opened up […]...
4 Min
Infrastructure
Sep 2021
September Blues, Arbitrum Goes Off, NFTs Aren't Dead
Market Update Crypto markets looked muted today as L1 tokens continued to grind up. A fraudulent press release announcing Walmart […]...
4 Min
Infrastructure
Sep 2021
Ethereum Congestion & L2's Needed Jolt
Market Update It’s been a choppy day for the market, and price action is looking very similar to May 2021 […]...
4 Min
Infrastructure
Sep 2021
C-Chain Getting Hit By An Avalanche Of DeFi Users
Defi Rush, AB Bridge & Benqi Launch kickstarted user activity on Avalanche, getting the platform one step closer to its multi-subnet vision....
10 Min
Proof-of-Stake
Sep 2021
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