研究 & Alpha洞见 💎
数据、图表、可执行Alpha的深度研究。
JAM 설명서 — 폴카닷의 진화
This article analyzes Polkadot 3.0 (JAM) as a kernel upgrade rather than a replacement for parachains. It details the shift from monolithic execution
Analog — An Integrated Solution for Complete Interoperability
The blockchain ecosystem is increasingly multi-chain, yet liquidity fragmentation and data access remain complex for developers. Analog positions itse
Hyperliquid — The Perpetual DEX Endgame
Hyperliquid operates a high-performance Layer 1 optimized for on-chain orderbooks, processing up to 2 million transactions per second via the custom H
Berachain生态分析：PoL共识机制下的DEX、流动性质押与借贷协议
Berachain目前处于bArtio测试网阶段，其PoL共识机制将验证者、流动性提供者和协议利益深度绑定。本文分析了生态中的核心协议，包括提供集中流动性的Kodiak、将BGT流动化的Infrared，以及具有独特激励结构的BEND借贷协议。我们看到协议通过运行节点或BGT衍生品构建复杂的收益飞轮
Allora：基于上下文感知的推理合成去中心化AI网络
Allora采用多模型与推理合成机制，通过Worker执行预测、Reputer评估准确性的方式，实现上下文感知的权重分配与网络自优化。这种分离推理与验证的架构，解决了dApp在保持无信任特性的同时集成AI的难题。我们认为，通过Cosmos SDK构建的共识层与激励机制，能吸引高质量模型参与并提升整体
Growth 0 to 1: Berachain
Berachain evolved from the Bong Bears NFT project within the Olympus DAO community, utilizing meme culture and rebase mechanics to build a dedicated u
Story 协议架构解析：通过 PoC 和 Agent TCP/IP 实现知识产权代币化
Story 是一个采用 EVM 和 CometBFT 架构的 Layer 1 区块链，旨在解决 IP 管理中的高成本与复杂性。其核心在于 Proof-of-Creativity (PoC) 协议和 Programmable IP License (PIL)，将链下 IP 转化为可编程的 IP 资产。
Hyperliquid演进综述：从FTX崩盘到L1生态确立
FTX的崩塌促使Jeff Yan放弃风投资本模式，转而构建以用户为中心的去中心化衍生品交易所。我们观察到，尽管YGG与FRIEND-USD等预言机事件暴露了结构性漏洞，但团队通过透明的补偿与清算机制改进，成功将危机转化为增长动力。随着HyperEVM的推出及HYPE代币生成，Hyperliquid现
Dive into Hyperliquid Ecosystem dApp: Harmonix Finance
@HyperliquidX is rapidly emerging as a leading platform in the perpetual futures market, thanks to its high-speed on-chain orderbook infrastructure. A
These Topics are Lighting Up Crypto Social Media Monday!
🗣️ According to social media data, the top trending stories across crypto discussions, are: 🇺🇸 Powell Fed Investigation: Federal prosecutors have l
