Post #646

Announcement: The numbers are in, and our monthly Web3 Secondary Market Report was sent out yesterday morning. In August, we observed a 10% rise in volume to the record $950M. The average offered amount slightly dipped by 8%, signaling a shift toward smaller deal sizes. Additionally, the premium-to-last-round FDV narrowed slightly, averaging 20% in August compared to 30% in July. Interestingly, the top 10% of deals continued to command an 80% premium, but the bottom 25% saw offers at a 40% discount, indicating a broadening gap between high and low-value deals. The hottest deals of the month were Babylon, MegaETH, Blast, Monad, Celestia, Scroll, Wormhole, EigenLayer, Circle, Coinlist, Blockdaemon, and QuickNode. To access the full version of the report for more insights on volumes, valuations, premiums and discounts, rounds, deal maturities, pricing spreads, etc sign up here 👉http://secondlane.io/#contact