State of Metaplex Q4 2022
Key InsightsMetaplex is a collection of development tools and open standards for creating and launching NFTs on Solana.Gross merchandise value was down 4% in SOL terms in Q4 (down 43%…
Key InsightsMetaplex is a collection of development tools and open standards for creating and launching NFTs on Solana.Gross merchandise value was down 4% in SOL terms in Q4 (down 43%…
In Web2, the dominant business models are aggregators, but the technology stack of Web3 has different properties negating many of the advantages aggregators enjoyed in Web2. What are these properties,…
Developing zkEVMs has been a challenging task because the EVM does not natively support Zero-Knowledge proofs, which makes the upcoming mainnets highly anticipatory events. Several zkEVMs are actively developing toward…
Key InsightsEthereum’s upgrade to Proof-of-Stake made it more resistant to shocks from the market. While ETH ended the quarter down 10%, it outperformed close peers such as BTC and SOL.The…
Key InsightsThe volatility caused by FTX triggered $7 million in WBTC liquidations on Nov. 9, 2022. However, following the liquidation event, WBTC markets experienced a 283% surge in loan demand…
Key InsightsMakerDAO took big strides in transitioning the protocol to a real world asset (RWA) lender, becoming the largest decentralized off-chain lender in Q4 with over $600 million in loans.…
Key InsightsEthereum Name Service (ENS) allows users to interact with wallets via human-readable domain names.After reaching an all-time high in Q3’22, ENS domain registrations dropped 73% QoQ. Simultaneously, ENS domain…