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Sanctum is Live on Solana with a Unique Incentives Program

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We have previously touched on Sanctum in the 2024 year ahead reports for Infrastructure and DeFi. Sanctum can be thought of as an LST aggreg...

FTX Estate SOL Sales

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The FTX Estate is said to have completed its second tranche of ~1.8M SOL ($232M) in the range of $95-110. This is a much smaller discount to...

Eigen Airdrop & Token Details

Eigen announced their “work token” yesterday which is coming May 10th. The total supply will be ~1.67B with 15% geared towards an airdrop. 5...

A Week In Runes

With Runes turning one week old, I wanted to see how they have been performing and what market dynamics are emerging in this new meta-token....
Macro & Markets
Financial Market Themes

Crypto Market Cycles - Where Are We Now?

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No one has a crystal ball, but having a solid framework you can trust is a close second. Hopped on the Stacks podcast to give a rundown of c...

King $COIN's Calculated Moves

With Q1 earnings season on the horizon, and with Coinbase reporting on May 2nd, we wanted to highlight one of our newest tools made available to Delphi subscribers: The Coinbase Transaction Revenue Calculator. Recalling our exploration into the over...

Bitcoin Light Pools

Now that Runes are live, Casey Rodarmor has theorized a solution to decentralize Rune/inscription markets. As I am sure readers know, the tr...

Rune Pups vs BRC-20 Update

In a recent AF post, I looked to see if there was upside in buying Rune Pups ordinals vs PUPS BRC-20. I outlined some very optimistic scenarios for holding a rare Rune Pup. The team has finally released the actual allocation based on Rune Pup type so...

Heroglyph - Incentivizing Solo Staking (Friday Launch)

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A new project launched by 0xMaki (ex Sushiswap & Currently LayerZero) has gained some attention on Twitter. Here I will breakdown what i...

Block Builders cannibalizing each other's profits by subsidizing

A fun war is happening at block builders’ backyard New block builders trying to gain slot share have been subsidizing block bids for propos...