Research

Proprietary Research & Analysis. Deep-dives into DeFi, GameFi, NFTs, and DAOs. Market analysis & insights from futures and options markets.

Jul 27, 2022

A Valuation Model for Polygon's zkEVM

A Valuation Model for Polygon's zkEVM 10 min read

Polygon's recent zkEVM announcement was met by both praise and controversy as it supposedly diminished the value of the $MATIC token. According to our model, however, Polygon ($MATIC) is worth $3.88 with an upside of 334%.

Jun 28, 2022

Contagion or Arbitrage? Celsius & 3AC

Contagion or Arbitrage? Celsius & 3AC 24 min read

An extended read into the Celsius & 3AC defaults, the role of derivatives in crypto's 2008-like subprime crises, upcoming defaults, and potential arbitrage opportunities.

Jun 2, 2022

THE BIGGEST DEFI EXPLOITS & PRICE ORACLES

THE BIGGEST DEFI EXPLOITS & PRICE ORACLES 2 min read

Another $2 million DeFi exploit on mirror protocol was exposed today. DeFi seems to be collapsing and outflows are reaching all-time highs. What's going on? An explanation of price oracles and failures👇

Jun 2, 2022

POLYGON: ONE LAYER 2 TO SCALE THEM ALL (PART 1)

POLYGON: ONE LAYER 2 TO SCALE THEM ALL (PART 1) 5 min read

As of April 26, 2022, over 19,000 dApps had been built on Polygon, up from only 3,000 in November 2021. Moreover, these dApps are not simply a port-over from Ethereum, and Alchemy data shows that 65% of the teams integrated exclusively on Polygon, compared to 35% deployed on Ethereum.