SOTM Nov 30-Dec 6, 2023
Welcome to our 149th issue of State of the Market, where we provide an overview of crypto market activity from November 30 - December 6, 2023. Bitcoin's rapid rise above $44K comes paired with massive upticks in derivatives activity, with [...]
Latest Research
State of Stablecoins: Signs of Returning Liquidity
The supply of Tether (USDT) nears $90B, an all-time high Stablecoin supply utilization on DeFi increases Tether on Tron continues [...]
SOTM Nov 23-29, 2023
Welcome to our 148th issue of State of the Market, where we provide an overview of crypto market activity from [...]
Evaluating a Dollar-Cost Averaged Portfolio
Dollar cost averaging (DCA) has become a key strategy for investors navigating the unpredictable realms of digital assets. This approach [...]
Checking On-Chain Indicators for Green Shoots in the Digital Assets Market
In this week’s edition of State of the Network, we present a selection of indicators that offer us insights against the [...]
SOTM Nov 9-15, 2023
Welcome to our 147th issue of State of the Market, where we provide an overview of crypto market activity from November 9 [...]
November Rally Reaches New Corners of the Digital Asset Market
Building on the upward momentum from the previous month, digital asset markets extended their strength into November. This market-wide rally elevated the [...]
SOTM Nov 2-8, 2023
Welcome to our 146th issue of State of the Market, where we provide an overview of crypto market activity from November 2 [...]
Ethereum Staking Through the Lens of Lido
In this issue of Coin Metrics’ State of the Network, we dive into Lido—the largest player within the staking economy—and understand [...]
SOTM Oct 26-Nov 1, 2023
Welcome to our 145th issue of State of the Market, where we provide an overview of crypto market activity from October 26 [...]
Special Insights
Trusted Exchange Framework 2.1
Centralized exchanges are pivotal in the crypto realm, but their quality varies across diverse use-cases. The Coin Metrics’ Trusted Exchange Framework aims to quantitatively evaluate these platforms based on criteria like transparency, resilience, data quality, and more, leveraging public information [...]
Exploring Supply Transparency
Coin Metrics and Swiss firm Bitcoin Suisse have collaborated to bring their expertise in crypto analytics and market insight to explore token supply transparency and its impact on liquidity. Utilizing the unique transparency of public blockchains, this collaboration offers unparalleled [...]
DeFi’s Double-Edged Sword
The 2022 collapse of FTX—a centralized crypto exchange, has highlighted the promise of Decentralized Finance (DeFi) platforms due to their inherent transparency, composability, and non-custodial nature. We’ve seen individuals and institutions alike, recognizing the value of DeFi and beginning to [...]