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

The Fundamentals of Chronicle Protocol
This research piece focuses on Chronicle Protocol, currently the exclusive Oracle for MakerDAO and the second-largest Oracle by total value secured. Let’s dig in!

Come for the points, stay for the frens
This week's research piece focuses on friend.tech, an up-and-coming web3 social media application.

How much does it really cost to run a DAO?
A breakdown of the operational costs of MakerDAO, Lido, and SushiSwap

How decentralized are the cap tables in crypto?
An overview of the protocols with the largest number of tokenholders, and a breakdown of the balances of their tokenholders.

Who earns fees in crypto?
An overview of the blockchains and dapps that generate the most fees, and an illustration how those fees are distributed between the protocol and its supply-side participants.

How many active users are there in crypto, really?
A comprehensive overview of usage statistics for the most widely used protocols.

Is crypto dead?
It's not. Let's explore the state of crypto through the lens of fundamentals.

DeFi Exploits: Trends, Patterns, and Lessons Learnt
Over $4.2B has been stolen over the past two years due to lacking security practices. This article explores trends and patterns behind these exploits, including the most common root causes.

The Definitive Guide to Crypto Domain Names
Crypto Domain Names provide two main benefits: (1) a transparent infrastructure for access to and maintenance of new domain names, and (2) mapping of non-human friendly blockchain addresses to human friendly ones.