Exploring Supply Transparency
Coin Metrics and Swiss firm Bitcoin Suisse have collaborated to bring their expertise in crypto analytics and market insight to explore token supply transparency and its impact on liquidity. Utilizing the unique transparency of public blockchains, this collaboration offers unparalleled [...]
Recent
State of the Network Foundations: Hashes
In this week’s State of the Network we return with our Foundations series, which presents various “technical” aspects of blockchain technology in an approachable way. In this week’s issue, we turn to the concept of a hash, one of the core cryptographic elements enabling the [...]
The Signal & the Nonce, Reimagined
Adopting a new methodology, we present novel data to rethink some of Bitcoin’s most pressing issues including electricity consumption, miner efficiency, and E-waste.
Token Unlocks & Free Float Supply Shocks in Digital Asset Markets
In this issue of Coin Metrics’ State of the Network, we analyze the mechanism of token unlocks, where early investors and insiders gain access to funds in a token that were previously locked, and their potential market impacts.
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.
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, we examine essential data and metrics highlighting the current state of the staking ecosystem on Ethereum.
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 the current market environment for digital asset participants.
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 has simultaneously engulfed both the Ethereum and Bitcoin networks.
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 Billion). But today, Maker is facing a major dilemma: how can the DAO achieve stability and decentralization of Dai?
State of the Network Foundations: Blockchain Addresses
Today we are debuting a new State of the Network series entitled Foundations. This new series will present various “technical” aspects of blockchain technology in an approachable way along with relevant data. In this week’s issue, we start with the concept [...]
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 [...]