DeFi Intel

DeFi Intel Flagship Reports

Analyst-grade DeFi research — free with sign-up. Six reports, 3,500–4,000 words each, no fluff.

Our paywall is leaky on purpose. Each flagship report shows you the executive summary, key findings, the first two sections, and the lead data table — for free, no email required. The remaining sections, deeper data tables, and editorial conclusions are available with a free email sign-up, or as a one-off $149 purchase per report.

Get all six + everything we publish next: Pro ($49/mo) unlocks the entire flagship library, custom entity-graph dashboards, and the priced API. See pricing →

2026-04-29 · 15 min · 3450 words

Stablecoins Q2 2026: The Regulated Era Begins

MiCA Title V, the GENIUS Act, and the bifurcation of the dollar-on-chain market

The first quarter of 2026 marked the moment stablecoins stopped being a regulatory grey zone and became a regulated industry on two continents simultaneously. MiCA Title V went fully operational in the EU in mid-2024…

Read free →

2026-04-29 · 14 min · 3180 words

MiCA One Year On: What Enforcement Actually Looks Like

Eighteen months after Title V went live, the practical contours of European crypto regulation

The Markets in Crypto-Assets Regulation (MiCA) was the most ambitious piece of crypto-specific legislation passed by any major jurisdiction when it took effect, and eighteen months into its operational life it is now…

Read free →

2026-04-29 · 16 min · 3620 words

RWA Tokenization 2026: The First $50B

How tokenized real-world assets crossed from pilot to product, and what the next $150B looks like

Tokenized real-world assets (RWAs) reached $43.8B in aggregate market capitalisation in April 2026, up from $11.2B a year ago and from sub-$1B as recently as late 2023. The headline number understates the structural…

Read free →

2026-04-30 · 16 min · 3580 words

Bitcoin Spot ETF: 18 Months In

From January 2024 launch to a $145B asset class — flows, dominance, custody, and the next wave

When the eleven US spot bitcoin ETFs launched on January 11, 2024, the consensus expectation was that they would absorb gradual institutional demand over a multi-year horizon. The reality has been faster, more…

Read free →

2026-04-30 · 16 min · 3520 words

Hyperliquid: The Onchain Orderbook That Won 2024

From a 2022 founding to a $7B airdrop and the JELLY incident — how Hyperliquid rewrote perp DEX economics

Hyperliquid is the single most consequential perpetual futures exchange to emerge in the post-FTX cycle, and its trajectory has rewritten the assumed economics of decentralized derivatives. Founded in 2022 by a small…

Read free →

2026-04-30 · 17 min · 3650 words

AI × Crypto: 2026 Map

ASI Alliance one year on, Bittensor at scale, Virtuals at $2B — what's working, what isn't, and where the value lives

The AI × crypto category has matured from speculative narrative to a heterogeneous set of working products and unresolved economic theses. The ASI Alliance — the merger of Fetch.ai, Ocean Protocol, and SingularityNET…

Read free →

Stay current — DeFi Intel weekly brief

One email a week. Entity-graph intelligence on stablecoins, RWA, regulation, and the protocols that matter. No affiliate links, no token promotion.