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Research, market commentary, and analysis from the Caladan team.
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Report: The Ten Commandments of Liquidity Incentives

Derek Lim
·
Oct 23, 2025
Data Analysis
Weekly

Crypto's Largest Crash: What Happened, Why It Happened, and What the Data Says Comes Next

Derek Lim
·
Oct 14, 2025
Data Analysis
Industry Analysis

Layer3: Web3의 시장 심리 측정 방식을 다시 정의하다

Derek Lim
·
Oct 14, 2025
Data Analysis
Industry Analysis

Layer3 | The Information Asymmetry Crisis: Rethinking How We Measure Sentiment in Web3

Derek Lim
·
Oct 14, 2025
Data Analysis
Industry Analysis

Report: Why Investors Pay $2 for $1 of Bitcoin - Analysis on Digital Asset Treasuries

Derek Lim
·
Sep 2, 2025
Data Analysis

Evaluating FDV through Value Creation Metrics

Stephany Zoo
·
Dec 18, 2024
Data Analysis
Industry Analysis

How Developer Activity Affects Prices

Stephany Zoo
·
Oct 7, 2024
Data Analysis
Industry Analysis
Market Making
Token Listing

State of Liquidity Report 2024 Q2

Stephany Zoo, Ian Tiew & Kaydon Lim
·
Jul 6, 2024
Data Analysis
Industry Analysis
Market Making
Token Listing

State of Liquidity Report 2024 Q1

Stephany Zoo, Ian Tiew & Kaydon Lim
·
Apr 4, 2024
Data Analysis
Industry Analysis
Market Making
Token Listing

State of Liquidity Report 2023 Q4

Hwa Jie Soh, Stephany Zoo & Ian Tiew
·
Jan 25, 2024
Data Analysis
Industry Analysis

Evaluating Ethereum L2 Solutions Part II: The Bright Future of Optimistic Rollups

Stephany Zoo & Ian Tiew
·
Dec 28, 2023
Data Analysis
Industry Analysis

Evaluating Ethereum L2 Solutions Part I: ETH Needs L2's

Stephany Zoo & Ian Tiew
·
Nov 2, 2023