RT @coinmetrics: 📣New Coin Metrics Vertical Analysis: Layer-1s. In our latest research, @TanayVed, @HCDuschang, and the @coinmetrics team b….

Great report on searcher profitability and continued work quantifying CEX-DEX MEV. I enjoyed this chart - whether throwing lots of darts or only a few, you can still be successful just like block building based on your margins.

Join millions who have switched to Grok.

Be mergin, Be splurgin, and watch BuilderNet gain share of blocks built to provide fair orderflow distribution and return MEV to users

RT @coinmetrics: We’re thrilled to announce that @coinmetrics has agreed to be acquired by @talostrading, the premier provider of instituti….

Thank you to the team for helping put this together, especially @TanayVed for his awesome charts and edits and @victoreram1 for his suggestions and edits.

Oh so you like stablecoins? Name every USD-backed one. Coinbase’s relationship with Circle and Circle’s fee-less redemptions are great drivers of adoption to look out for as we watch USDC grow across chains. Report should also help with $CRCL valuation models.

M1/M0 ratio is cool. Governments need to reassess their fiscal and monetary policies due to increased accessibility to more stable currencies.

Great paper. At the end of the day, who controls how your transactions are ordered.

Anyone have an exact time of death for Tether truthers? . s/o @victoreram1 for putting up with my writing. h/t @bluechip_org for regulatory clarity of DASP licenses.

Code and data telling me the numbers I want it to tell me

RT @_Dave__White_: paradigm puzzle #1. AAMM: the AAMM Automated Market Maker. problem statement in reply

Case in Point - CoWSwap Solvers still provide relatively positive execution welfare for PEPE-WETH even though they'd likely use Univ3 for PEPE-WETH because it’s the most liquid pool and CoWSwap routes >85% executed trades through AMMs. "'Moo' says my mailbox"

One of my favorite topics to learn about because of the variety of intricacies in swap execution. This was an awesome report and shows there’s more factors involved in the swap supply chain we can research and that’s super cool.

I think we'll see institutions entering multiple spots in the DEX supply chain if they continue to build on public chains. Controlling both order flow and execution will be important, like Unichain. More control, more opportunity to maximize extracting value.

Institutional interest in DEXs is fascinating to me because of the variability in swap execution UX. Factors to consider: AMM math, aggregator routing, intent-based txs, connection to block builder/leader, how txs are ordered all have some variance which institutions don't want

This is great marketing for the benefits of DeFi lending and why more institutions should be on-chain. Replacing manual, operational risk, with immutable smart contract risk

Getting deeper into your industry means always reading MCP as Multiple Concurrent Proposers even if it’s referring to Model Context Protocol.

Deeeeep Dive. Excited to break down the technical complexities and potential value of $SOL w @coinmetrics . (👀 on SIMD-0228 and SIMD-0123 for adjustments). h/t @heliuslabs for all the digestible articles from LFMs to Firedancer.

The odds of sharks coordinating their attacks to dig up subsea cables is low, but never 00.

"Yeah, so I probably should keep an eye on $POPCAT. $PNUT is covered by more CEXs. $BOME just got added by another CEX. I already wrote about $MEW and $TURBO. What're the odds $MOG breaks out. $TRUMP might pick up in volume on the screener. Have to simplify my token descriptions"