Layer-1 Landscape
In this issue of Coin Metrics' State of the Network, we explore the diverse landscape of layer-1 blockchain networks and understand their implications for the broader crypto ecosystem.
Latest Research
SotM September 2020
After months of positive growth for large cap crypto assets, most saw declines in early September. Bitcoin fell back to [...]
Introducing the CMBI Multi Asset Series
In this week’s State of the Network we are excited to announce the release of the CMBI Multi Asset Series, the [...]
How DeFi Is Fueling Ethereum’s Growth
Decentralized finance reached new heights over the last few months as dozens of projects launched and large amounts of capital [...]
Bitcoin: A Novel Economic Institution
Below is an excerpt of a research report authored by ARK Invest and Coin Metrics. In Part 1 of this research, we described how [...]
Measuring Bitcoin’s Decentralization
Over the last eleven years, Bitcoin has managed to function relatively seamlessly in the face of a large number of [...]
An Overview of the Basis Trade
One of the most popular trades for any commodity futures is the basis trade. This is when traders build a [...]
The Privacy Issue
The early 1990’s saw the dissemination of two great forces that would come to shape the next decades: the Internet, [...]
The Business Trends of Crypto Exchanges
State of the Network has predominantly focused on the network and market data happenings of the crypto industry. In this [...]
How YAM’s Collapse Drove Ethereum Fees to New Heights
On August 12th Ethereum’s total daily transactions fees topped $6.87M, shattering the previous all-time high of $4.55M set in January [...]