Post #459

Key takeaways on Web3 secondary market inNovember by SecondLane - Growing amount of offers to a record of $573M USD, mostly due to the FTX claims on the market - Almost identical $1.5M median Buy Ask and median Sell Offer - Median spread on FDV of Buy/Sell IOIs of the same projects grew to 32% vs cumulative half-year median of 19% - Median spread on minimum amount of Buy/Sell IOIs of the same projects in Nov dropped to 20% vs cumulative half-year median of 2x - Top projects: FTX claims, dYdX, EigenLayer, Aleo, Monad, Arbitrum, Pyth, Nansen, Scroll, OpenAI, SpaceX - Largest discounts to last funding round were offered for projects in: blockchain services, CeFi, tech development, social and socialFi, DID, NFT - Largest premiums came with staking, L2s, CEXes and blockchain analytics - 64% SAFT and 36% equity deals - 80% (Pre-)Seed, 20% Rounds A-D - 5 industries dominate the Web3 secondary market with 51% of offers on L1, L2, DeFi, blockchain services and infrastructure Subscribe for insights: Twitter | Telegram | YouTube