Post #426

Sharing our September 2023. Growth is accelerating. Platform V2 coming soon™ Key takeaways on theWeb3 secondary market in September by SecondLane - 2.6x growth in amount of offers since August - $315M in Asks and Bids - $3M avg Buy Ask vs $3.1M avg Sell Offer ($1.5M median) - 19% median spread on FDV of Buy/Sell IOIs of the same projects - almost 60% drop from Aug - 2x median spread on minimum amount of Buy/Sell IOIs of the same projects - top projects: Celestia, Starkware, Scroll, dYdX, Arbitrum, Optimism, Sei, Aleo, Circle, Consensys - 34% SAFT and 66% equity deals - 1/3 shift from SAFTs to equity since August - 29% (Pre-)Seed, 71% Rounds A-D - 20% shift from earlier to later stages - 66% of offers on L1, L2, DeFi, and blockchain services Subscribe for insights: Twitter Questions: DM @otcnick