Sanctum came up through the Solana Foundation’s startup incubator with the promise to create an “infinite LST future”

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Dan Weiskopf notes the “crazy opportunity” for BLOK investors that’s set to come as more pure-play crypto companies go public
Progress on blob management and Devnet-5 sets the stage for Ethereum’s next hard fork
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Overlord.bot is the first autonomous Trader AI Agent built on Arbitrum
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ETH’s been watching from the sidelines as bitcoin and solana take off

Key metrics

ETH/BTC Ratio

Ethereum Gas Price

DeFi TVL

Fear and Greed Index

Federal Reserve Balance Sheet

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Welch has not posted or uploaded anywhere online since the incident
Research Report Templates.jpg

Research

In this report, each analyst on the Blockworks Research team lays out their highest conviction thesis for 2025.

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The data shows that Trump has so far raked in almost $84 million in crypto revenue in two years

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Lawmakers now have until Friday to pass the highly-anticipated continuing resolution

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Exodus considers itself “a pure-play crypto company” at a time when more investors seek exposure

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We’re still a few days out from the “Santa rally window,” but a breakout in equities and crypto could be imminent

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Flipside Crypto’s report tracked record-breaking user acquisition, including from “superusers” in 2024

events

Brooklyn, NY

TUES - THURS, JUNE 24 - 26, 2025

Permissionless IV serves as the definitive gathering for crypto’s technical founders, developers, and builders to come together and create the future.If you’re ready to shape the future of crypto, Permissionless IV is where it happens.

events

Javits Center North | 445 11th Ave

Tues - Thurs, March 18 - 20, 2025

Blockworks’ Digital Asset Summit (DAS) will feature conversations between the builders, allocators, and legislators who will shape the trajectory of the digital asset ecosystem in the US and abroad.
0xResearch

0xResearch is the show for those who want to step up their game and think like a crypto analyst. We bring on crypto's best to uncover the latest research, explore protocol developments and identify new narratives. We are full-time crypto analysts who read white papers, governance forums and research pieces for fun (normal, right?). Join us as we combine crypto's top talent with our countless hours of research to create the best content in the space. 

Bell Curve

Bell Curve breaks down the most important themes in crypto for people who, like us, are confined to the middle of the bell curve. Each season explores a different thesis that we'll test and refine through debate with crypto's best. If you're a crypto native, degen or investooor, this podcast is for you.

Empire

Empire features interviews with top crypto founders to get the real stories that aren’t shared elsewhere. Empire is your look behind the curtain of the crypto industry.

We release two episodes per week: guest interviews on Tuesday and a weekly roundup on Friday.

Expansion

The podcast on Modular. Exploring a refreshed vision for building in crypto.


Expansion is a podcast exploring the intersection of modular blockchain design and abundant blockspace.

We’ll bring on the leading voices from the modular ecosystem to discuss blockchain design, specialization, applications, and the possibilities that cheap, secure blockspace unlocks.

Forward Guidance

The laws of macro investing are being re-written, and investors who fail to adapt to the rapidly changing monetary environment will struggle to keep pace. Felix Jauvin interviews the brightest minds in finance about which asset classes they think will thrive in the financial future that they envision.

Lightspeed

Lightspeed is a podcast for those interested in how crypto can solve real problems and create products users love. It's a callback to the garage days of Silicon Valley, where builders pushed the limits of hardware and software to build world-changing products. We interview the projects and founders that will make this same impact today.

On The Margin

The worlds of macro finance and crypto are continuing to draw closer together. On the Margin will host some of the greatest minds in the world of asset management, markets, and discuss how ideas that were once on the margin are now becoming mainstream.

The Breakdown

A daily analysis of macroeconomics, bitcoin, geopolitics and big picture power shifts, hosted by Nathaniel Whittemore @nlw. The Breakdown is part of Blockworks.

1000x
1000x is a crypto markets podcast hosted by professional traders Avi Felman and Jonah Van Bourg. We bring on experts to dive deep into the macro and micro factors that represent the lifeblood of digital money and web3. As an increasing share of economic activity and attention migrates online, tokenomics and price action is increasingly relevant to everyone. If you’re interested in the future of markets and crypto, this show is for you.
Hivemind
Hivemind combines Delphi Digital’s brightest minds to cut through the crypto noise. Jose, Yan, Ceteris and Duncan explore everything from venture to token design, offering an unfiltered perspective on what shapes the industry. We cut through the hype to focus on critical research and real insights. If you want to understand real crypto drivers, this is your podcast.
BWR 2025 Theses

Blockworks Research

In this report, each analyst on the Blockworks Research team lays out their highest conviction thesis for 2025.
by Marc-Thomas Arjoon, CFA /
Morpho: Evolving into Permissionless Lending Infrastructure

Blockworks Research

Morpho introduces "aggregated" lending architecture that enables permissionless market creation and modular vault curation, while also shifting risk management away from slow-moving DAO consensus and instead towards vault curators with pertinent expertise.
by Danny K /
Putting a Premium on Stability

Blockworks Research

Under current market conditions, stablecoins are paying compelling risk premiums multiples higher than the risk-free rate. Elevated premiums present a highly positive context for continued growth in the aggregate stablecoin supply and new inflows coming into the market to capture this elevated carry. Onchain money markets stand as primary beneficiaries of these market conditions and a forward outlook of a growing stablecoin supply. Similarly, Pendle’s PTs across a number of assets can provide attractive instruments to hedge variance and lock in a compelling fixed yield.
by Luke Leasure /
Base Ecosystem Update

Blockworks Research

An overview of the Base Ecosystem, with a focus on market leaders.
by Daniel Shapiro /