Featured·Deep DivesMarkets
The Broken Link between Protocol Revenues and Token Performance
Since the beginning of the year, crypto protocols have cumulatively made $7.42 billion in revenue....
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March 2026The Evolution of Commodities
State of Commodities and a Quantitative Analysis of the Growth of these Markets Onchain
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May 2026The Vaultification of Finance
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June 2026The Full-Stack Privacy Ecosystem
Privacy as Infrastructure for User Protection and Institutional Adoption
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June 2026Real-World Assets: Bringing TradFi Onchain
Mapping the growth of RWAs and institutional adoption — the $29B tokenised market, who is issuing, and where the assets actually get used
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July 2026The Renaissance of Onchain Options
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·PrivacyDeep Dives
The New Security Bar for Onchain Finance
Private Today, Durable Tomorrow
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·Deep DivesTrading
Prediction markets as option-like instruments
This article is an excerpt from our research on The Renaissance of Onchain Options, mapping the expansion of options (and prediction markets) as a trading instrument and the volatility that prices them, published in collaboration with BlockScholes.
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·DeFiMarkets
Putting RWAs to work in DeFi
The growth of RWAs has led to over $32 billion of assets flowing onchain.
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·Markets
Options from a Builder’s Perspective
A Gap Analysis with Interviews from Rysk, Derive, Panoptic, and GammaSwap.
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·Deep DivesTrading
The Rebirth of Onchain Options: An Ecosystem View
This article is an excerpt from our research on The Renaissance of Onchain Options, mapping the expansion of options (and prediction markets) as a trading instrument and the volatility that prices them, published in collaboration with Block Scholes.
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·MarketsPredictions
Prediction Markets: From Curated Platforms to Open Protocols
In the last 18 months, Prediction markets (PMs) grew from roughly $2 billion in monthly volume to more than $30 billion, scaling rapidly from a niche category to a mature ecosystem.
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·DeFiMarkets
Composable TradFi: RWAs in DeFi
Mapping the growth of RWAs in DeFi
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·PrivacyDeep Dives
Privacy Ecosystem on Solana
This article is an excerpt from our research on the Full-Stack Privacy Ecosystem.
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·L2sDeep Dives
propAMMs: Better than CEX?
PropAMMs are all about onchain execution
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·Deep DivesL2s
Stacks POX Upgrade: Solving BTC Capital Problem with the Right Incentives
Over the last couple of years, since the launch of Bitcoin ETFs, BTC has become an increasingly institutionalised and legitimised asse.
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·Deep DivesMarkets
RWAs: A Blueprint for the Future of Mantle
While most metrics are down across the board, the RWA sector is the only one showing consistent growth, with tokenised stocks among the fastest-growing RWA categories right now.
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·Deep DivesDeFi
Vaults: The Infrastructure Layer for Institutional Finance Onchain
Vaults are becoming DeFi's default entry point for institutions
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