Explore the digital assets ecosystem through our catalog of original data-driven research.
Zooming Out: A datonomy Update
In this issue of Coin Metrics’ State of the Network, we leverage datonomy—a classification system for digital assets to zoom out and gauge the ecosystem and its underlying trends from a broader lens.
Recent
SOTM May 18-24, 2023
Past U.S. presidents have harbored hostility towards crypto, but 2024's cast of candidates are coming to consensus on a new [...]
Movers & Shakers May 2023
Coin Metrics is committed to building the crypto economy on a foundation of truth, providing authentic and accurate data with [...]
A Claim in the Ether: Tracking the Soaring Demand for Ethereum Staking
The queue to become an Ethereum validator is rising to new heights. In this edition of State of the Network, [...]
SOTM May 11-17, 2023
Though "Mint the Coin" sounds like something you'd hear in crypto circles, the phrase is now a trending topic in [...]
Reviewing the Liquidity Landscape
In this edition of State of the Network, we zoom in on essential trading volume and market data trends to contextualize [...]
SOTM May 4-10, 2023
On-chain activity is shattering records as Bitcoin and Ethereum experience a torrent of token trading. Despite the memecoin's apparent lack [...]
Bidding on Bytes: A Bitcoin & Ethereum Fee Market Update
In this week’s issue of State of the Network, we delve into the data behind the latest fee market frenzy that [...]
SOTM April 27-May 3, 2023
First Republic has joined the ranks of failed regional banks, beating SVB's breakdown to become the 2nd-largest banking collapse in [...]
Maker’s Dai Dilemma
Maker is one of the oldest DeFi protocols and the creator of Dai—the largest crypto-backed stablecoin by market capitalization ($4.7 [...]
Special Insights
Trusted Exchange Framework 2.0
Centralized exchanges are a vital part of the crypto ecosystem but vary widely in quality across several use-cases. In order to promote transparency, innovation, and trust for the industry and its users, Coin Metrics is releasing an update to the [...]
Decoding Crypto Pricing
A price is one of the most basic data points of any functioning, active market. Digital assets are traded around the clock, 24 hours a day, 7 days a week, and 365 days a year. These assets are well-known for [...]
What is MEV Anyway?
The concept of MEV has sparked a significant amount of interest and concern in the blockchain community, and this paper aims to shed light on what it is and why it matters. We will begin by examining the fundamental principles [...]