Latest Articles
KaspaRocket Has 180 Live Covenants. But How Much DeFi Activity Do They Represent?
KaspaRocket has 180 live mainnet covenants, but their trading activity remains a far more important question.
Meteora Looks Cheap at $180M. But Is Its Revenue Telling the Whole Story?
Meteora's revenue makes MET look undervalued, but token unlocks and conflicting figures complicate the investment case.
IOTA’s TWIN Enters EU Freight Pilot as Sweden and Estonia Test Digital Cargo Data
A Baltic freight pilot tests IOTA-linked infrastructure, but whether anything reaches the blockchain remains an open question.
RANDOM READS
TVL Is Not Capital. Here’s What That Number Actually Measures and Hides
A billion dollars locked in DeFi may conceal overlapping claims, leverage, concentrated deposits, and weak demand.
Your Perpetual Trade Has No Expiry. So Why Does Money Keep Changing Hands?
Perpetual futures never expire, but holding them can still cost money. Here's how funding rates move money between traders.
Bitcoin Went In, Ether and Solana Came Out: Inside a $30M Lazarus Wallet Trail
More than $30 million in Lazarus-linked Bitcoin became ETH and SOL before scattering across chains. We reconstructed where the trail leads and where it disappears.
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