Ryan | Blockworks Research
@_ryanrconnor
Head of Research @blockworksres / @blockworks_ The most profitable arb is time horizon. Progress is boundless. tg: @ryanrconnor. timefun: http://time.fun/ryanconnor
0/ Consumer crypto is approaching escape velocity & leading apps are leveraging crypto’s core enabling feature: Net New Asset (NNA) issuance. Below, we describe what NNAs are, why they’re likely the next new paradigm in retail risk taking, & highlight our fav NNA apps. 🧵

Prediction markets get it first. X/Twitter second. Trad media - dead last in the information pipeline
Prediction markets forecast socialist landslide for NYC mayor race trib.al/rdfAev9
Leading LST provider w/ a direct funnel of tradfi flows
I'm very happy to announce what we've been working towards for months - @jito_sol is now the first Liquid Staking Token available inside a US ETF. Many thanks to the @REXShares team, who saw the potential of JitoSOL to enhance their groundbreaking @solana staking ETF, $SSK. Why…
REV prediction markets are now live on Kalshi. Cool to see our data used in official CFTC contracts.
NEW AXIOM DASHBOARD @AxiomExchange is one of the fastest-growing projects in all of crypto. Backed by @ycombinator, Axiom has generated over $120 million in its first 8 months. The new dashboard covers Axiom's Financials, Spot Trading, and its Users. Here are some of the…
Solana & Ethereum REV prediction markets are live on @Kalshi Put your money where your mouth is


Current state of the medical establishment: Brought a friend to the ER for a high fever. Put their symptoms into Grok. Grok told me to ask for 4 tests. Doctor said 1 of them is unnecessary. I insisted we do them all. Test came back positive on the one he didn’t want to do.
This is insanity: retail 0DTE option trading is about to hit two-thirds of all daily option volumes. The market is literally a casino now
Shaunda w/ the alpha Must follow
1/ @Pear_Protocol, a market-neutral, relative-value trading platform, has strategically pivoted to integrate with HyperCore. We break down its recent funding round, potential tokenomics shift, volumes, and valuations:
1/ Metaplex just lit the fuse on Solana’s ICO renaissance with Genesis: a programmable launch engine for auctions, presales, and uncapped pools.
It's well known that Axiom is one of the top revenue-generating apps in crypto; however, very little has been discussed about where these retained earnings are allocated. Most of Axiom's holdings are onchain, instead of a CEX. Over $70 million is currently staked on Solana, $15…
Seems true (still early)
one interesting consequence of higher cu limit i think we are observing (just a hunch) is that small spikes in demand no longer have to be smoothed out as much over the neighboring blocks, leading to some 60M cu blocks but also many half empty ones
1/ @Pear_Protocol, a market-neutral, relative-value trading platform, has strategically pivoted to integrate with HyperCore. We break down its recent funding round, potential tokenomics shift, volumes, and valuations:
Want to improve crypto's reputation? Start with transparency. The Token Transparency Framework by @BlockworksRes & @TheiaResearch shows how: vesting schedules, treasury holdings, regular reporting. Real transparency > "it's on-chain."
dYdX Receives 39/40 Score in Blockworks’ Token Transparency Framework @dYdX is proud to participate in the latest cohort of the Token Transparency Framework by @Blockworks_ - an emerging disclosure standard designed to reduce information asymmetry and elevate transparency…
BWR is hiring one new data analyst. This is an opportunity to join the most cracked data team in crypto bar none. DM me if interested.
Make tokens great again
Cohort 3: Euler, dYdX, ZKsync, and Layer Really interesting treasury wallets, team wallets, legal docs, equity/token relationships, and more disclosed in this one.