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Nicolai Søndergaard
Research Analyst
Articles
DEXs
Nunchi - Perpetuals DEX for Yield
Professional
Market Updates
Weekly Market Positioning Update – [w/c July 21st]
Markets
Bitcoin Balance Sheets: From Fringe Reserve to Strategic Asset
Professional
Market Updates
Weekly Market Positioning Update – [w/c July 14th]
Alpha
Market Updates
Weekly Market Positioning Update – [w/c July 7th]
DeFi
Understanding infiniFi – The Onchain Fractional Reserve Banking Protocol
DeFi
Layer 2
Aztec Network and the Role of Privacy Protocols
Professional
DeFi
DEXs
The HyperEVM Ecosystem and Incentives
Alpha
Market Updates
Weekly Market Positioning Update – [w/c May 12th]
DEXs
Paradex - Updated Tokenomics and Perpetual Options
Articles
DEXs
Nunchi - Perpetuals DEX for Yield
Professional
Market Updates
Weekly Market Positioning Update – [w/c July 21st]
Markets
Bitcoin Balance Sheets: From Fringe Reserve to Strategic Asset
Professional
Market Updates
Weekly Market Positioning Update – [w/c July 14th]
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War Room - 20 November 2023
Layer 2
Scroll Quarterly Report - Q2 2025
Layer 2
Linea Half Year Report - H1 2025
NFT Reports
Blend: Disrupting NFT Financialization
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