Measuring Exchange Quality And ‘Fake Volume’
In this issue of Coin Metrics’ State of the Network, we’ll delve into how we assess exchange quality in digital asset markets
Latest Research
SOTM Mar 21-27, 2024
Welcome to our 165th issue of State of the Market, where we provide an overview of crypto market activity from March 21 [...]
State of the Network’s Q1 2024 Mining Data Special
Our quarterly update on Bitcoin mining, zeroing in on recovering revenues, public miner strategies, and increased energy usage.
SOTM Mar 14-20, 2024
Welcome to our 164th issue of State of the Market, where we provide an overview of crypto market activity from March 14 [...]
Appraising Growth in Digital Asset Markets
In this week’s issue of State of the Network, we take a closer look at the shift in digital asset market [...]
SOTM Mar 7-13, 2024
Welcome to our 163rd issue of State of the Market, where we provide an overview of crypto market activity from March [...]
Market Dynamics and Risks of Liquid Staking Derivatives
In this issue of State of the Network, we focus on the market dynamics and risks of the Ethereum liquid [...]
SOTM Feb 29-Mar 6, 2024
Welcome to our 162nd issue of State of the Market, where we provide an overview of crypto market activity from February 29 [...]
Following Flows V: Pool Cross-Pollination
In this week’s issue of State of the Network, we take a closer look at “0-hop” and “1-hop” addresses to follow [...]
SOTM Feb 22-28, 2024
Welcome to our 161st issue of State of the Market, where we provide an overview of crypto market activity from [...]
Special Insights
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 [...]
Decoding the Digital Dollar
Stablecoins have quickly grown from a nascent segment of the digital assets ecosystem to a $100 billion+ market. Stablecoins already form the backbone of decentralized finance (DeFi) applications and the broader crypto-economy, but have the potential to be much more [...]
From Orange Groves to Orange Gold
How crypto assets are to be regulated in the United States is a contentious battleground with high stakes implications for the future of the crypto industry. However, participants in the industry contend that the current regulatory framework is ambiguous, unclear, [...]