Stacy in Dataland (´⊙~⊙`)

Hyperliquid’s $HYPE token now trades at a Supply-Weighted P/E ratio of 2.25–2.50 — the lowest this year. Given the protocol’s strong earnings, this might signal undervaluation. SWPE adjusts for effective token float, making it a more accurate valuation tool in crypto.

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There’s a strong link between liquidity and accuracy: markets with $10M+ in volume consistently deliver the most reliable predictions. Liquidity fuels more than just trades; it sharpens the market’s ability to uncover truth.

A whale-exit simulation highlights how fragile liquidity can be. As shown above, even one major address struggles to withdraw large funds due to limited available liquidity on the platform.

I just found out that I've been nominated for Binance's The Blockchain 100 in the Independent Researcher category. It's a very pleasant surprise! If you'd like to vote for me, here's the link.

Out of the top 10 chains by active users (fee-paying addresses), four are still costly to use — Ethereum, Bitcoin, Tron, and BSC. High fees clearly haven’t stopped them from dominating in daily usage.

Livepeer nearly doubled its video processing volume, jumping from 46M to 89.4M minutes in Q3. For the first time, it consistently processed over 1M minutes per day, hitting a record 1.9M on September 25. This surge reflects stronger demand, improved reliability, and easier onboarding for developers.

Daily BTC flows on Binance may fluctuate, but the 30-day moving average reveals a clear trend: more Bitcoin is consistently leaving exchanges. This typically signals an accumulation phase, with investors choosing to hold rather than sell.

Falcon Finance saw a 1,117% spike in 1D mindshare after unveiling its new Transparency Dashboard. The update significantly boosted community trust and visibility.

Continuing the new week with research ✨ General ➖Crypto.com: Research Roundup Newsletter (October 2025) ➖ CoinGecko: 10 Projects Account for 92% of Token Buyback Spend in 2025 ➖ Binance: Weekly: Trade War Reignites, Record Liquidations, DATs Still Buy ➖ Galaxy: Weekly Top Stories - 10/17/25 ➖ CoinShares: Digital asset fund flows | October 20th 2025 ➖ CoinShares: Digital asset bi-weekly digest - October 21st 2025 Market ➖ Cryptorank: The October 11, 2025 Crypto Market Crash: Situation Overview ➖ DL Research: Owning or Renting Liquidity? A Study of Incentives and POL for Sustainable Models ➖ Coinbase: Weekly: From Uptober to Voltober ➖ Glassnode: A Global View on Crypto Market Dynamics ➖ Glassnode: BTC Market Pulse: Week 43 ➖ Galaxy: Could Tariff Tensions and Fed Shifts Redefine Market Stability? ➖ Galaxy: Rate Cut Momentum Fuels Crypto Gains Before Volatility Returns ➖ CoinShares: Market update - October 17th, 2025 DeFi ➖ Cryptorank: The Rise of Permissioned DeFi: How Institutions Are Shaping the Next Phase of Crypto ➖ 4pillars: Must-Watch dApps After Monad Mainnet Launch ➖ Cointelegraph: How Batched Threshold Encryption could end extractive MEV and make DeFi fair again Blockchains & networks ➖ DL Research: How Sui’s retail-first ecosystem propelled Momentum to $1B daily volume ➖ Galaxy: ‘We Call Them Ownership Coins’: A DAO Governance Innovation Tokens & currencies ➖ The Defiant: Stablecoins Power $670 Billion in On-Chain Loans: Visa

For those who are tracking: these token unlocks will happen in the next 30 days.

Aerodrome is quietly one of the most efficiently valued projects in DeFi, pulling in $309M in annualized revenue with a market cap of just ~$762M.