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

In this report, we demystify the world of Lunacia and analyze potential opportunities in the Land market....

AXS and SAND shorts...

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...

Strong player growth and a booming game economy have resulted in Axie becoming the most profitable dApp in crypto. If the current trend continues, we estimate that ~69% of the AXS circulating supply c...

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....

DeFi finally stages a relief rally, Axie's numbers keep getting better, investing in NFTs, and Maker's reliance on stablecoins....

When will Alpha shake off its hangover from the Iron Bank exploit? Here are a few reasons an Alpha re-rating could be on the horizon....

A breakdown of ETH's market structure, fundamentals, and key upcoming catalysts....

A concise highlight reel of important datasets we're keeping an eye on across markets, DeFi, NFTs, and macro trends....

Analyzing BTC and ETH quarterly returns, BTC's correlation to gold & stocks, and fading the HODLers....

In this post, we analyze the supply/demand dynamics of Axie breeding, discuss the impact of Axie Scholars, and highlight key upcoming developments to keep an eye on....

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....