SPX 0DTEs now make up 60% of SPX options volume, roughly $1.5T notional traded daily, with retail accounting for about half the flow. But is retail really trading volatility and convexity? Or would they rather trade leveraged delta-1 exposure through perps? Hyperliquid

Wow first time I've seen any of these lines move lower Pretty surprised since there is really no punishment for trading below NAV, except for the inability to sell stock to raise cash. Possibly trying to hit a reset? Definitely worth keeping an eye on

Hey 🫰 As part of 0xResearch we want to give you guys access to the Blockworks Research reports We just made our latest MetaDAO report public :) Find it in the tweet below

PADRE revenue is now LIVE on Blockworks Research All public sources I’m aware of miss certain sources of revenue and fail to account for rebates. Blockworks Data Privilege.

Blockworks Data Privilege.

"How important are kickbacks to Axiom?" boccaccio and Ryan | Blockworks Research 🇺🇸 agreed that kickbacks aren't that important, a rare confluence. Ultimately, Axiom's success is not simply incentive driven, there's a lot more going on there.

The distribution and integration model has been successful for strong crypto brands. Carlos 🟪 calls out wallet providers and centralized exchanges as clear examples where this strategy works well. Base Phantom Rabby Wallet, among others, have been leaning in hard.

NEW REPORT: Flying Tulip bringing an innovative new raise mechanism to DeFi.