The Usage vs. the Tape: A Market That Works Harder Than Its Tokens
DeFi TVL bleeds, ETF outflows hit a record, yet stablecoins ship in Japan and banks wire up tokenized rails. Today's signal is the gap.
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DeFi TVL bleeds, ETF outflows hit a record, yet stablecoins ship in Japan and banks wire up tokenized rails. Today's signal is the gap.
Coinbase Ventures-backed Router posted a $677 day in bridge volume against a $56,600 market cap; the post-mortem calls bridging economics structurally inverted, a read that applies to most of the…
The shutdown highlights funding pressure on early Layer 1 projects after Linera’s $900,000 token sale missed its minimum and emergency financing failed.
The Coinbase Ventures-backed cross-chain bridge had four years and a $4.1M raise but could not escape thinning bridge economics and capital's flight toward AI.