Reports1425 results
PERP 2.0: Redesigning A Success
Since it launched in December, Perp Protocol has facilitated $20B in total trading volume and generated $20M in protocol earnings.Β V1 has clearly been a success. Here's what you can come to expect out...
7 Min
Perpetual Futures
Jul 2021
Axie Trends Toward Infinity
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...
7 Min
Games
Jul 2021
Bitcoin Rundown: Market Indecision, Legacy Correlations, And a Lightning Boost
How Bitcoin fares against legacy assets, sign of market indecision, and a small jolt to the Lightning Network....
4 Min
Channels
Jul 2021
Range-Bound Bitcoin, Opportunity or Bull Trap? (July '21 Outlook)
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....
13 Min
DeFi
Jul 2021
Speculators vs. Hodlers, OpenSea Dominance, Uniswap LP Returns
BTC speculators take a big hit, OpenSea is the Uniswap of NFTs, and an analysis of Uniswap LP products....
4 Min
NFT Marketplace
Jul 2021
Bitcoin Futures, DeFi Hopium, and the NFT Resurgence
Funny business on BTC futures, DeFi hopium, Axie's relentless growth, and Meebit's just may be cool again....
4 Min
DeFi
Jul 2021
Load the Bitfinex Shorts, dApp Revenues, ENS Grows
Shorts on Bitfinex are back at it, Axie leads dApp revenue, ENS registrations hit all-time high, and OlympusDAO's ascent....
3 Min
Asset Management
Jul 2021
Axie Shorts Stack Up, BTC Options, Polygon's Contraction
A look at recent Bitcoin market data, how revenge shorts are paying a fortune to AXS and SAND longs, and Polygon's declining numbers....
4 Min
DeFi
Jul 2021
DeFi Roaring, Axie Soaring, and NFTs No Longer Boring
DeFi finally stages a relief rally, Axie's numbers keep getting better, investing in NFTs, and Maker's reliance on stablecoins....
3 Min
DeFi
Jul 2021
Money Market ALPHA
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....
5 Min
Money Markets
Jul 2021
Ethereum Update - June 2021
A breakdown of ETH's market structure, fundamentals, and key upcoming catalysts....
DeFi
Jul 2021
The Delphi Chartbook - June 2021
A concise highlight reel of important datasets we're keeping an eye on across markets, DeFi, NFTs, and macro trends....
1 Min
DeFi
Jul 2021
Quarter in Review, Macro Correlations, and HODL Strength
Analyzing BTC and ETH quarterly returns, BTC's correlation to gold & stocks, and fading the HODLers....
3 Min
Macro & Markets
Jul 2021
Axie Part 2 - Gamer Economics
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....
9 Min
Games
Jul 2021
Axie Part 1 - Fundamentals That Can't Be Overlooked
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....
12 Min
Games
Jul 2021
EIP-1559: Burn Baby Burn
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?...
9 Min
Infrastructure
Jun 2021
Stablecoins In Smart Contracts, Axie Infinity Explodes, Uniswap Grows DEX Dominance
On a day that marks the monthly close, the market appears indecisive and rangebound even with strong performance across the board yesterday....
3 Min
DeFi
Jun 2021
Hume
There is no excerpt because this is a protected post....
1 Min
Music
Jun 2021
Speculators Capitulate, Demystifying DeFi Rates, and NFTs Not Dead
BTC speculators are capitulating on spot holdings, DeFi rates follow DeFi prices, USDC expands its market share, and OpenSea sustains high monthly volumes....
4 Min
DeFi
Jun 2021
When Convex & Yearn Compete, Curve Wins
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?...
4 Min
Vaults
Jun 2021