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SOTM Sept 7-13, 2023
Welcome to our 138th issue of State of the Market, where we provide an overview of crypto market activity from September 7 - 13, 2023. The CFTC settles charges against DeFi protocols Opyn, ZeroEx, & Deridex, with 6-figure fines over "margined [...]
One Year Since The Merge
In this issue of the State of the Network, we revisit the predictions we made about Ethereum’s now-defunct mining operations, take a look at critical network data to help us understand how Ethereum’s PoS ecosystem continues to evolve, and consider new directions and [...]
CM Prices v1.1 Release Notes
Coin Metrics is pleased to announce the version 1.1 release of our CM Prices. Coin Metrics publishes a collection of prices for a set of cryptocurrencies and fiat currencies consisting of the Coin Metrics Reference Rates ("CM Reference Rates") and [...]
Movers & Shakers September 2023
Coin Metrics is committed to building the crypto economy on a foundation of truth, providing authentic and accurate data with the highest standards of clarity and precision. With this mission in mind, we are proud to share our September edition [...]
Evaluating the Market Quality of DeFi Collateral
In this issue of State of the Network, we use a combination of Coin Metrics’ Network Data (DeFi Balance Sheets) and Market Data to assess predominant forms of collateral in DeFi, examining their unique risk characteristics to understand what makes [...]
SOTM Aug 31-Sept 6, 2023
Welcome to our 137th issue of State of the Market, where we provide an overview of crypto market activity from August 31 - September 6, 2023. Accounting standards board FASB ratifies fresh guidance for crypto held on balance sheets, allowing businesses to [...]
Katey Neate Joins Coin Metrics’ Board of Directors
BOSTON (September 6, 2023) – Coin Metrics, the leading provider of digital asset financial intelligence, is pleased to announce that Katey Neate has joined the company’s Board of Directors. “Katey’s industry-leading expertise in risk management makes her the ideal addition [...]
SOTM Aug 24-30, 2023
Welcome to our 136th issue of State of the Market, where we provide an overview of crypto market activity from August 24 - 30, 2023. Judges side with Grayscale in their suit against the SEC, overturning the agency's "arbitrary and capricious" rejection [...]
Exploring Common Ownership Patterns Across Major Stablecoins on Ethereum
In this issue of State of the Network, we explore common ownership patterns across major stablecoins on Ethereum using on-chain data from Coin Metrics’ ATLAS. Using a data visualization called an "UpSet" plot, we answer questions like "How many wallets hold [...]
SOTM Aug 17-23, 2023
Welcome to our 135th issue of State of the Market, where we provide an overview of crypto market activity from August 17 - 23, 2023. The number of daily transactions on Coinbase's Layer-2 Base surpasses competing scaling solutions like Arbitrum, Optimism, and [...]