0/ In honor of #NYCNFT, we explored some recent NFT data.

In today’s Delphi Daily, we analyzed NFT volume, number of new buyers, and high end sales.

We also compared the market caps of $SHIB and $DOGE.

For a deeper dive 🧵👇 Image
1/ NFT daily sales volumes have been on a downtrend since early September.

Despite that, the number of unique NFT buyers has slowly trended upward, with a recent spike at the end of October. Image
2/ Since late May, ETH and Ronin NFTs have dwarfed other chains in terms of NFT sales volume.

@WAX_io NFTs seem to be worth paying attention to as they have seen sales volumes pick up significantly since the beginning of October. Image
3/ @opensea and @SuperRare make up the bulk of daily average NFT sale prices in the $30k-60k range.

SuperRare stands out when it comes to big-ticket sales. On 6 occasions, SuperRare surpassed $100k+ in daily average sale price.

OpenSea still boasts the bulk of NFT market share Image
4/ SHIB and DOGE are contesting for the spot of top dog (coin).

SHIB managed to surpass the market cap of its OG peer in the last few days of Oct.

Love them or hate them, meme-coins, and dog-coins, in particular, have played an undeniable role in driving attention to crypto. Image
5/ Tweets of the day!

Crypto Lessons 101 by @mrjasonchoi

7/ How Rari was Exploited due to TWAPs

8/ For the full report that inspired today’s thread 👇👇

members.delphidigital.io/reports/nfts-f…
9/ Crypto moves fast. Delphi has you covered. Sign up here to get Delphi's free daily newsletter delivered right to your inbox every weekday

delphidigital.io/daily/

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More from @Delphi_Digital

28 Oct
0/ DOGE and SHIB faceoff in the battle of the dog tokens.

In today’s Delphi Daily, we analyzed the correlation of DOGE and SHIB, L2 activity has slowed down, and gas prices have been soaring.

For a deeper dive 🧵👇
1/ Most of the crypto market was sidelined by liquidations, while dog coin connoisseurs showed up in a big way.

SHIB recorded a whopping $23B in volume on the top two spot exchanges yesterday.
2/ As the two dog coins faced off today, DOGE bounced upward while SHIB wound up remaining relatively flat.

While coins in a category tend to be highly correlated, we’re seeing the opposite with DOGE and SHIB.
Read 10 tweets
28 Oct
Next week, our membership prices are doubling 📈

To celebrate the launch of our new website + portal we asked each of our research analysts to pick one report they worked on this year, and make it free to the public

Each report will be shared below!
First up, Ashwath shares an all-encompassing report on Decentralized Derivatives!

This was a popular report where he covered @dydxprotocol @perpprotocol @MonteCarloDEX @futureswapx @AlphaFinanceLab @synthetix_io @DDX_Official @vegaprotocol and more!

@dydxprotocol @perpprotocol @MonteCarloDEX @futureswapx @AlphaFinanceLab @synthetix_io @DDX_Official @vegaprotocol Our analyst Gen decided to make a recent report we put out on Flashbots and MEV public!

Given the complexity of the topic, this piece was a team effort along with @NotSoAnonJoo @Paul_Burlage

Read the full report and her summary thread here:
Read 6 tweets
28 Oct
Delphi has grown and changed as an organization a lot this past year, now with a team of 69

We're proud to release a new site that better reflects who we are and what we're currently focused on! 🧵👇
delphidigital.io/?join
At its heart, we believe Delphi is a DAO

We're a family of independent projects collaborating with a shared set of values, vision, people and resources united under the Delphi brand

Our team of 69 are broken out as follows:
🔬Research 20
🧪Labs 21
💸Ventures 12
💻Product 16
Before we give an update on each arm, the most important part of today's launch is the new platform we’ve been building behind our 3.0 Portal

Here's a sneak peak, but stay tuned for constant updates and new tools hitting the portal in the coming weeks!
vimeo.com/639697617
Read 15 tweets
27 Oct
0/ Crypto markets cooled off today with one notable exception—Shiba Inu coin—which is up more than 67%.

In today’s Delphi Daily, we analyzed the pullback of top performers, the large leverage wipeout, and the resurgence of meme coins.

For more 🧵👇
1/ The last 24 hrs have been a whirlwind for crypto markets with base layer tokens taking the biggest hit, many of which are down from yesterday’s highs.

ATOM’s two-day performance is still in the green thanks to yesterday’s rally; SOL, AVAX, and NEAR are all down at least 8-12%
2/ Outliers in today’s ugly market comes, surprisingly, in the form of DeFi tokens and SHIB (aka “the DOGE killer”).

1INCH and AAVE price action today was overwhelming and likely catalyzed by the token’s listing on Korean exchange @Upbitglobal.
Read 10 tweets
26 Oct
0/ In today’s Delphi Daily, extreme greed returns as Bitcoin dominance falls.

We examined GBTC’s recovery from BITO launch, greed in the market, ETH OI ATH, and some of the top performers in the last 7 days.

For a deeper dive 🧵👇
1/ The discount on GBTC dropped to ~20% on October 18th due to the anticipation of BITOs launch on the 19th.

GBTC volume and discount has recovered since the BITO launch.
2/ After rising for a month with ETF anticipation, we’ve seen a slight pullback as the broader crypto market rallied.

The Crypto Fear and Greed Index is back to highs we haven’t seen since early March, officially marking “Extreme Greed” levels.
Read 10 tweets
25 Oct
0/ In today’s Delphi Daily - @CurveFinance hits $100B lifetime volume!

We explore Curve’s tokenomics design and growth, the broader implications for DeFi, and the recent rise of meme coins.

For a deeper dive 🧵👇 Image
1/ @CurveFinance has facilitated over $100B of volume since launching in Jan. 2020.

CRV’s token economics were heavily criticized because of incredibly small float and rapid emissions, but they’ve since proven their token model works and is one of the most efficient across DeFi Image
2/ Curve’s liquidity provision and token locking model have led to competition amongst farming products built on top of Curve.

Convex’s model has quickly helped it establish itself as the leader with over 35% of veCRV supply held by Convex. Image
Read 10 tweets

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