Protocol Research, Macro Bites, Market Musings

The wait is over. Our testnet Beta opens up to our first batch of users Monday 3/18!

Announcing our partnership with Stork Network to bring long-tail Real World Asset feeds onchain.

China's equity and real estate market is in crisis. Evergrande, previously the most valuable real estate company in the world, is facing bankruptcy, and the Hang Seng Index is down over 50% since 2018. We explore parallels between China's downturn and the implosion of the Japanese asset bubble in 1989, and offer a hypothesis for what's next.

While inflation was all everyone could talk about in 2022 and 2023, that narrative has now begun to subside. But should we really be taking inflation's declining threat for granted? In a series of two posts, we break down the main drivers of inflation and provide competing quantitative evidence in favor of and against the claim that inflation will persist. First: arguments against persistent inflation.

This research article investigates the role of Real World Assets (RWAs) in enhancing risk management within multi-asset, pool-based perpetual Automated Market Makers (AMMs). Central to this study is our development of the ‘Imbalance Score’, a novel metric for quantifying counterparty risk.

With BTC up nearly 25% MoM, now seems like an appropriate time to take a step back and try to quantitatively evaluate where we’re at in the cycle — before it gets too far along...