Post #441

Key takeaways on Web3 secondary market in October by SecondLane - Record amount of offers of over $0.5 bln USD, mostly due to the FTX claims on the market - $516M in Asks and Bids - 1.6x growth in amount of offers since September - $1.9M median Buy Ask vs $1.0M median Sell Offer - 19% median spread on FDV of Buy/Sell IOIs of the same projects - 2x median spread on minimum amount of Buy/Sell IOIs of the same projects - top projects: FTX claims, Starkware, EigenLayer, RiscZero, Arbitrum, Optimism, Aleo, Circle, Sei, Nansen - 55% SAFT and 45% equity deals - 81% (Pre-)Seed, 19% Rounds A-D - shift from later to earlier stages almost tripled - 53% of offers on L1, L2, DeFi, blockchain services and infrastructure Subscribe for insights: Twitter DM for any questions @otcnick