PUBLICATIONS
CM Perspectives
Stay up-to-date with release notes, news, research and insights from Coin Metrics. The most current issue of our State of the Network newsletter is here. For all previous issues select the State of the Network category below.

Coin Metrics Supply Transparency Report – Q4 2020
The Supply Transparency Report brings visibility to the actions of the key categories of a cryptoasset’s holders that are deemed ... Read More

Dissecting a Bitcoin Bull Market
By Lucas Nuzzi and the Coin Metrics Team A pandemic, followed by global societal shutdowns, followed by rampant social unrest, ... Read More

The State of DeFi Tokens
By Nate Maddrey and the Coin Metrics Team Decentralized finance (DeFi) took over the crypto world during the summer. But ... Read More

Bitcoin: An Unprecedented Experiment in Fair Distribution
By Lucas Nuzzi and the Coin Metrics Team Much has been written about the fundamental differences between Bitcoin and other ... Read More

Following Flows: A Look at Miners’ On-Chain Payments
By Karim Helmy and the Coin Metrics Team Key Takeaways Using a new methodology that looks at addresses one hop ... Read More

Fundamentals Show Bitcoin Is Poised for Takeoff
By Nate Maddrey and the Coin Metrics Team On October 21st Bitcoin (BTC) broke out, rising by about $1,000 on ... Read More

Q3 Refresh of Trusted Spot Volume Framework
By Jon Geenty and the Coin Metrics Team This post is designed to be a follow up to our ‘trusted ... Read More

Analyzing the Fallout from the BitMEX Lawsuits
By Antoine Le Calvez, Timo, and the Coin Metrics Team On October 1st, the CFTC and Department of Justice jointly ... Read More

Q3 2020 Supply Transparency Report
The Supply Transparency Report brings visibility to the actions of the key categories of a cryptoasset’s holders that are deemed ... Read More