Onchain Economics
Research tools, live data, and foundational guides for crypto investors. Analyze yields, track market conditions, and size positions with confidence.
Market Snapshot
Live dataInvestor Toolkit
Dashboards
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Stablecoin Yield Screener
Live stablecoin yields from major lending protocols, sortable by APY, TVL, and protocol. Find the best risk-adjusted returns.
Dashboard
Yield Comparison Dashboard
Compare stablecoin yields against bank rates, CPI, treasury yields, and real returns.
Dashboard
TVL vs Traditional Finance
Compare DeFi TVL against bank deposits, stablecoin supply, and M2 money supply over time.
Dashboard
Bitcoin vs M2 Money Supply
Test the "Bitcoin follows liquidity" thesis with adjustable offset and correlation analysis.
Calculators
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Position Size Calculator
Calculate optimal position sizes based on your portfolio value, risk tolerance, and stop-loss levels.
Tool
Crypto ROI Calculator
Project potential returns using live prices. Set targets and explore different scenarios.
Tool
APR to APY Calculator
Convert APR to APY based on compounding frequency. Essential for comparing DeFi yields.
Tool
Impermanent Loss Calculator
Estimate impermanent loss from providing liquidity based on token price changes.
Crypto Assets
View all assetsWhere to start
New to onchain investing? These resources will help you build a research framework.
Step 1
Understand Real Yield
Learn the difference between sustainable yield and subsidized emissions before deploying capital.
Step 2
Evaluate TVL & Metrics
Go beyond market cap. TVL, fees, and revenue tell you whether a protocol has real demand.
Step 3
Compare Live Yields
Use the yield screener to find the best risk-adjusted stablecoin returns across DeFi protocols.
Latest guides
Browse topicsMetrics
Onchain velocity of money: does MV=PQ work for token economies?
Apply the equation of exchange to crypto tokens. Understand why high-velocity tokens face structural price pressure and where the classical framework breaks down onchain.
Thesis
The stablecoin trilemma: decentralization, stability, and capital efficiency
Every stablecoin design sacrifices at least one of three properties. Map USDC, DAI, and algorithmic stablecoins onto the impossible trinity from international economics.
Protocol Economics
The monetary policy of Layer 1s: how token emission schedules mirror central banking
Compare Bitcoin halvings, Ethereum burns, and Solana disinflation to central bank monetary policy frameworks. Understand how protocol-level money supply rules shape token value.
Protocol Economics
MEV as a hidden tax: measuring the deadweight loss of blockchain extraction
Frame MEV through public finance economics: tax incidence, deadweight loss, and rent-seeking. Quantify how much MEV costs users and evaluate whether solutions like Flashbots reduce this invisible tax.
Protocol Economics
Harberger taxes and onchain property rights: radical markets meet NFTs and domain names
How blockchain enables the first real implementations of Harberger taxation for digital property. Analyze live experiments in partial common ownership across ENS names, virtual land, and NFTs.
Yield
Liquidity traps in DeFi: when yield farming incentives stop working
Apply Keynesian liquidity trap theory to DeFi protocols where increasing token rewards fail to attract incremental capital. Identify why some protocols escape and others collapse.
Topic hubs
Protocol Economics
Incentives, mechanism design, and token models that shape protocol behavior over time.
Metrics
Practical, decision-useful metrics for onchain businesses and protocols.
Yield
Where yield comes from, how it’s sustained, and how to compare opportunities.
Valuation
Frameworks for valuing tokens and protocols using cashflows, risk, and comparables.
Thesis
Clear theses about markets, primitives, and why onchain systems might win.
Glossary
View all termsDeFi & Onchain Economics Glossary
Key terms and definitions for understanding DeFi: TVL, APY, impermanent loss, MEV, real yield, and more. Each term includes a concise definition and links to related guides.