To find opportunity in bear markets you must understand chain fundamentals.
Following fundamentals will lead you down a deep rabbit hole through every corner of DeFi.
The ultimate guide to understanding chain fundamentals and metrics to look at 🧵
MetaDAO quietly put in its most active proposal last week, rejecting an OTC deal with DBA and Variant.
At $879.8k in volume across 4,793 trades, it was the highest volume and most traded proposal since MetaDAO v2 launch.
Wen $1m volume omega proposal?
Over the summer an unidentified entity associated with Salomon Brothers sent 41,523 OP_RETURN messages on Bitcoin attempting to stake legal claim on more than 2.3 million “abandoned” BTC.
What did the messages contain? Who is behind the them? And what is their possible intent?
In December of last year @glxyresearch predicted 2025 was going to be a year of governance innovation fueled by the rise of futarchy.
Finally, we are beginning to see this manifest itself in the growing number of futarchies returning real rights and direct economic control to token holders.
While I think it is unlikely we see pre-existing, established DAOs turn towards futarchy in a meaningful way, it is becoming increasingly clear that the rise of new futarchies will dilute the primacy of the traditional DAO model.
Crypto-collateralized lending accelerated in the second quarter.
CeFi borrows expanded to $17.78 billion.
DeFi borrows expanded to $26.47 billion – a new all-time high.
What was behind the explosive quarter and what other trends unfolded in the crypto leverage arena? 👇
Solana has been getting faster and more reliable.
Median daily slot interval consistently met the 400 millisecond target since early February.
Slot skip rate has been below 0.6% for the last 59 epochs.
Accelerate
There's a similar trend unfolding in mtnCapital's second vote on a treasury allocation to Menace Finance: MTN token holders are leaning Sell Approve with non-holders leaning Buy Approve.
Volumes have been elevated for most of today with the vote currently failing.
Galaxy Mining just published it's mid-year Mining report covering all things #Bitcoin mining.
A few key takeaways around Runes activity and miner revenue, Bitcoin mining <> AI, and Galaxy Mining's 2024 EoY hashrate target 🧵👇
FDIC insured high yield savings account, money market ETFs, repos, advanced swaps to earn 5%
v.
Lending stables on-chain through a Chrome extension to earn 15%