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Maple is outperforming peers on growth, yield, and revenue — while benefiting from limited supply overhang and clear value accrual
by Carlos /
Will mega-unicorns collectively earn the trillions of dollars of revenue required to justify their valuations?
by Byron Gilliam /
2025 saw a huge compression in the valuation of new tokens, with the steepest losses in infrastructure and gaming
by Shaunda Devens /
Key metrics
ETH/BTC Ratio
DeFi TVL
Fear and Greed Index
Federal Reserve Balance Sheet
Breaking headlines across our core coverage categories.

Unit economics inflect, institutional capital shows up onchain, and market structure continues to evolve
by Marc Arjoon /

Throughout its billions of searches, Google’s goal has always been to train and hone its algorithms
by Byron Gilliam /
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.
Your favorite crypto and macro podcasts in one place.
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..
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..
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...
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 Monday and a weekly..
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..
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..
Supply Shock explores the latest Bitcoin news with a deep historical perspective. Featuring in-depth interviews with industry experts, each episode connects current events to key moments in Bitcoin history, revealing patterns, lessons, and insights shaping the future of digital assets...
A daily analysis of macroeconomics, bitcoin, geopolitics and big picture power shifts, hosted by Nathaniel Whittemore @nlw. The Breakdown is part of Blockworks.Subscribe to The Breakdown newsletter: https://the-breakdown.carrd.co/..
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..
Insights you can't invest without.
Blockworks Research
Galaxy sits at the intersection of two defining cycles in crypto and AI. Digital Assets is Galaxy’s institutional crypto franchise, spanning trading, lending, and asset management and infrastructure solutions. Helios is the company’s contracted AI HPC data center buildout, positioning Galaxy for a multi year ramp in longer duration infrastructure cash flows. Treasury and Corporate is a volatile sleeve of crypto and venture exposures that can amplify earnings swings and complicate valuation. We view this mix as both the opportunity and the challenge. It creates a rare one ticker barbell on crypto activity and contracted AI infrastructure cash flows, but it also adds complexity that can obscure earnings and delay a clean sum of the parts rerating.
by Sam Schubert /
Blockworks Research
Perp DEX design has been a sequence of compromises: AMM perps preserved Ethereum composability but concentrated LP risk, hybrids regained CEX-like latency with onchain settlement, and specialized chains delivered fully onchain CLOB performance while isolating liquidity away from Ethereum’s $122B DeFi collateral. ZKsync Atlas is the next step, enabling sub-second proof finality and cross-domain margin so venues like Grvt and Lighter can access L1-native collateral without bridging, shifting the competitive axis from pure speed to unified liquidity.
by Shaunda Devens /
Blockworks Research
Daylight Energy (FKA React Energy), has secured $75M in new financing to accelerate deployment of distributed energy infrastructure, including $15M in equity and a $60M project development facility. This capital structure mirrors the protocol's design by separating growth capital from infrastructure financing. The company currently operates across a handful of US states including Illinois, Massachusetts, New York, New Jersey, and Pennsylvania, installing solar panels, batteries, and smart devices through Energy Subscriptions with no upfront cost to homeowners.
by Nick Carpinito /
Blockworks Research
Tokenization has matured from an experimental technology to a major strategic priority for financial institutions. Integrators across TradFi and DeFi require a comprehensive set of infrastructure standards across market data, interoperability, compliance, identity, privacy, orchestration, and compatibility with existing systems. Chainlink has evolved into the only comprehensive platform of oracle services that provides the broad set of features required by DeFi and TradFi integrators, offering foundational infrastructure for a new wave of financial applications.
by Luke Leasure /




















