Research Team

The macro backdrop has shifted. Fed pivot expectations, dollar weakness, and global M2 expansion are creating a favorable environment for risk assets — including crypto.

Three on-chain metrics are aligning in a way we haven't seen in over a year. Quick take on what the data says and how we're positioning.

Perpetual futures on-chain have exploded. We break down the liquidity mechanics, protocol design trade-offs, and where the real edge is for traders and LPs alike.