Crypto research

Data-driven analysis on blockchains, decentralized applications, and market segments

  1. The Fundamentals of Tron
    The Fundamentals of Tron

    The Fundamentals of Tron

    A data-driven look into Tron’s onchain financials & alternative KPIs.

  2. Bloomberg x Token Terminal: Onchain Data and Its Role in Investment Analysis
    Bloomberg x Token Terminal: Onchain Data and Its Role in Investment Analysis

    Bloomberg x Token Terminal: Onchain Data and Its Role in Investment Analysis

    Tune in as Token Terminal and Bloomberg explore the relatively uncharted territory of onchain data. The team will talk about the sources and interpretation of this emerging form of financial data, it's unique characteristics, and how it fits into investor analysis.

  3. The fundamentals of Manta Pacific
    The fundamentals of Manta Pacific

    The fundamentals of Manta Pacific

    In this week's research piece, we focus on the current state of Manta Pacific's product, financials, usage, competition, and more! Manta Pacific is a L2 smart contract platform for decentralized applications on Ethereum.

  4. The fundamentals of zkSync
    The fundamentals of zkSync

    The fundamentals of zkSync

    In this week's research piece, we focus on the current state of zkSync's product, financials, usage, competition, and more! zkSync is an upstart zero-knowledge Ethereum rollup/L2 blockchain.

  5. Value Accrual Case Study: Yuga Labs | Guest post by Vader Research
    Value Accrual Case Study: Yuga Labs | Guest post by Vader Research

    Value Accrual Case Study: Yuga Labs | Guest post by Vader Research

    Guest post by Vader Research: Value accrual is an essential yet often overlooked subject in Web3. We shall delve into how the value generated within the Yuga Ecosystem is apportioned among the diverse stakeholders within the Yuga Ecosystem (Yuga Labs, $APE, BAYC, MAYC, etc.).

  6. The fundamentals of Avalanche
    The fundamentals of Avalanche

    The fundamentals of Avalanche

    In this week's research piece, we focus on the current state of Avalanche's product, business model, financials, usage, competition, and more! Avalanche is a smart contract platform for decentralized applications (a blockchain). Avalanche was founded by Emin Gün Sirer and launched in 2019.

  7. The fundamentals of Base
    The fundamentals of Base

    The fundamentals of Base

    In this week's research piece, we focus on the current state of Base's product, business model, financials, usage, competition, and more! Base is a L2 smart contract platform for decentralized applications on Ethereum. Base was founded by the Coinbase team and launched in 2023.

  8. The fundamentals of Arbitrum
    The fundamentals of Arbitrum

    The fundamentals of Arbitrum

    In this week's research piece, we focus on the current state of Arbitrum's product, business model, financials, usage, competition, and more! Arbitrum is a L2 smart contract platform for decentralized applications on Ethereum. Arbitrum was founded by Offchain Labs and launched in 2021.

  9. The Ethereum Investment Framework
    The Ethereum Investment Framework

    The Ethereum Investment Framework

    The Ethereum Investment Framework is a non-technical, approachable guide for everything related to understanding and valuing Ethereum. Use this report to step out of the weeds and get a clear, high-level view of the space from onchain data and first principles.