Plasma: Stablecoin Supercycle
Plasma is a purpose-built L1 optimized for stablecoins and payments.
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Ethena: USDe, Converge and The New Frontier
Ethena's strategy has centered on the two primary use cases of cryptocurrencies, settlement for speculation and settlement for stablecoins, digital dollars and tokenization
Continue readingStablecoins: Economic, Technological and Geopolitical Superconductors
Stablecoins have emerged as the most compelling product-market fit in crypto to date, with their growth trajectory reflecting extraordinary adoption. The market has expanded from just $30 million in total market cap in 2018 to >$250 billion today, representing a 263% compound annual growth rate.
Continue readingMonad: Bringing Back The EVM
Monad is a high-performance, optimized EVM-compatible L1, with 10,000 TPS (1 billion gas per second), with 500ms block frequency and 1 second finality.
Continue readingUnit Protocol: The Asset Tokenization Layer on Hyperliquid
Unit enables non-native asset issuance on the Hyperliquid chain through a lock-and-mint based bridging system. Its primary function is to allow users to deposit and withdraw assets like Bitcoin, Ethereum, and Solana directly to and from Hyperliquid.
Continue readingGrass Protocol: An API Key to the Internet
Grass is a decentralized network which focuses on web scraping, live context retrieval and web data collection for AI. Its main goal is to decentralize and democratize web data collection and retrieval through an incentive mechanism while rewarding users who contribute their resources.
Continue readingHyperliquid: The Hyperoptimized Order Book L1
Hyperliquid is a perpetual trading protocol built on its own L1 that aims to replicate the user experience of centralized exchanges while offering a fully onchain order book and decentralized exchange to trade spot, derivatives and prelaunch markets.
Continue readingThe Rise of Betting Culture: A Prelude to Polymarket
An analysis of the surge in betting culture over the last decade and its relationship to Polymarket's emergence
Continue readingChain Abstraction Landscape
One of the few constants in the crypto industry is the ever expanding number of blockchains. Whether an Ethereum L2, app chain, or alternative layer 1, there seems to be an abundant supply of new blockchains.
Continue readingSolana Actions & Blinks
Solana introduced two key concepts to enhance user experience and expand blockchain accessibility: Actions and Blinks. These features streamline the interaction with blockchain transactions, making them more accessible and easier to integrate into various digital environments.
Continue reading3Jane – Crypto Native Derivatives Yield
Built atop Ethena's basis trade and EigenLayer’s restaking layer, the derivatives layer is the ultimate source yield. 3Jane leverages a short volatility strategy in order to weave EigenLayer and Ethena products into a vibrant derivatives market.
Continue readingValiDAO: Organic Free Range Validators
ValiDAO is a DAO-owned validator entity. They operate blockchain infrastructure (including validators, RPCs, IBC relayers and DA nodes) in underrepresented geographical locations and jurisdictions (currently: Iceland) while leveraging crypto-native dePIN solutions. They offer users the unique ability to participate in the validation process and own the infrastructure on which this validation is performed.
Continue readingRunning Bitcoin, Runes and Ordinals
Unlike interacting with tokens on Ethereum, Solana and other L1s or L2s, interacting with tokens and ordinals on Bitcoin is difficult. The experience has slowly become better: during the initial phase, most of trading was through OTC Discords and spreadsheets. Since then, trading has moved to more reputable marketplaces, such as MagicEden and OKX, as well as some smaller, but purely Bitcoin native marketplaces, such as Unisat.
Continue readingThe State of Staking
The current ETH issuance rate is quite low compared to other PoS or PoW networks. Since the Merge, staking dynamics have not changed significantly, with the staked ETH percentage slowly growing over time, currently at slightly less than 30%. The main driver of staking growth is currently the demand from restaking protocols, where users can farm points and participate in airdrops for future and current restaking protocols.
Continue readingSpark Protocol: An Overview
The Spark Protocol was originally created by MakerDAO as a way to proliferate DAI and increase the use cases of their multi-asset backed stablecoin. The protocol currently offers three flagship products: SparkLend, sDAI and SparkConduits.
Continue readingFiredancer: Consensus At The Speed Of Light
At Solana Breakpoint, Firedancer, the highly anticipated new validator client, launched on testnet. Initial tests indicate that Firedancer shows 10 to 100 times greater performance than the existing Solana Labs client.
Continue readingThe House Always Wins: A Rollbit Research Report
Rollbit operates as a gaming and gambling platform featuring three distinct product lines: a casino, a sportsbook, and a futures trading platform.
Continue readingLido V2, Staking Router and DVT
In recent times, Lido has made significant strides with the launch of V2, introducing new functionalities such as withdrawals and the innovative Staking Router concept. Whilst V1 was grounded in a Curated Operator set, the Lido V2 iteration transforms the platform into a modular stake allocation marketplace, backed by the DAO’s governance.
Continue readingfriend.tech
friend.tech is an on-chain social networking platform built on Base. It allows users to create shares of themselves. These shares can be bought and sold by other users.
Continue readingEIP-4844 Research Report
A look into L2 fee calculations & proto-danksharding
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