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.
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tBTC Redemption Pause: 4,320 Bitcoin in Reserve. So Why Is Getting Out So Expensive?
tBTC reports full Bitcoin reserves, but its redemption pause exposes surprising cracks in Aave's liquidation math.
The Binance Hacker Didn’t Break Aave. So Why Did 292 Reserves Freeze?
A $44.6M loan linked to the Binance hack triggered an Aave emergency freeze. Ravel investigates the borrowing-rate fallout.
Helium Built a Real Network. Its Token Economics Needed a Rewrite
Helium found real telecom customers. Its sweeping tokenomics overhaul reveals the harder economics of decentralized infrastructure.
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