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December 11, 2025
The Definitive Guide to Prediction Markets
Because financial incentives force people to reveal their actual beliefs rather than their stated opinions, prediction markets often produce signals that outperform polls and expert commentary.
General
Ponyo
December 03, 2025
2026 Outlook: Restructuring
Perspectives from Four Pillars researchers
General
Steve, Jay, Heechang
+6
November 27, 2025
The New Financial Order: How RWAs and Stablecoins Are Reshaping Financial Infra
This report sets out a blueprint for a future structured around RWAs and reaffirms the indispensable role of stablecoins as the engine of this ecosystem.
Stablecoin
HashedOpenResearch, Heechang, 100y
+2
November 20, 2025
Asia Stablecoin Conference 2025 Recap
This report is a recap summarizing the key sessions and discussions from the Asia Stablecoin Conference 2025, held in Seoul on September 25, 2025.
Stablecoin
AsiaStablecoinAlliance
October 31, 2025
Everything, Rebuilt: The Sui Stack
Exploring all of Sui’s ongoing initiatives and examine the key reasons why it continues to capture the attention of the market.
Infra
General
Consumer
+3
Steve
October 21, 2025
INITIA: Entering an Application’s Final Destination
Initia uses OPinit, Cosmos SDK, and Enshrined Liquidity to manage transactions and liquidity, while the VIP system drives growth. Its success as the “Application’s Final Destination” depends on unifying appchains and user experience.
Infra
Eren
October 16, 2025
Abstract: Fun is the Mainstream
Abstract is building a platform where fun, culturally relevant experiences become on‑ramps to everything else.
Infra
Consumer
Ponyo
October 15, 2025
Pudgy Penguins: The Prophecy
This report takes a detailed look at the history of Pudgy Penguins, along with the future that Pudgy Penguins is pursuing.
Consumer
c4lvin
October 14, 2025
Huma Finance: Leading PayFi on the Stablecoin Frontier
Huma Finance is pioneering a new category of PayFi that sits at the nexus of stablecoins, credit and global payments.
DeFi
Infra
Ponyo
October 14, 2025
FLock.io: The Base Layer for AI Democratization
This article highlights how FLock.io combines blockchain and FL(Federated Learning) to address structural barriers in traditional AI development and promote a more inclusive and trustworthy AI industry.
Infra
Jay
October 02, 2025
Walrus: Do More With Your Data
A to Z about Walrus
Infra
General
Market
Steve, 100y
September 29, 2025
Yala: Unlocking Bitcoin's Untapped Liquidity
Only about 1-2% of BTC is being used for additional yield opportunities, while the majority of Bitcoin’s liquidity remains dormant. Yala acts as a liquidity layer that can connect Bitcoin’s vast liquidity with DeFi and RWA in other ecosystems.
Infra
Stablecoin
100y
June 09, 2025
Blueprint for a KRW-Pegged Stablecoin for the Digital G2 Future
This report examines stablecoin issuance pipelines by analyzing issuance models, regulatory frameworks, and key cases to provide strategic insights.
DeFi
Stablecoin
YongBeomKim, Heechang, 100y
+3
April 24, 2025
Finance Meets Innovation, Injective
Covering A to Z about Injective
Infra
DeFi
General
Steve
April 11, 2025
Accelerate Asia Stablecoins with Interoperability
Asian countries now recognize that stablecoins are inevitable and their benefits are clear. However, Asian stablecoins must do more than focus on issuance. Stablecoins need to be used on-chain, and each blockchain ecosystem requires its own custom strategy, similar to a local business.
Infra
Market
Stablecoin
Heechang
April 04, 2025
Storybook 2025
Story positions intellectual property (IP) as blockchain’s missing product-market fit by reimagining IP as a programmable asset, facilitating transparent attribution, automated licensing, and royalty settlement.
Infra
Ponyo
April 01, 2025
The Necessity of KRW Stablecoins and Proposal for a Legislative Framework
In this report, Four Pillars and Hashed Open Research analyze global stablecoin growth and dollar dominance in digital markets. The report explores KRW stablecoin implementation to preserve monetary sovereignty and proposes regulatory frameworks to strengthen Korea's digital economy position.
General
Stablecoin
YongBeomKim, JW, HyobongKim
February 17, 2025
DoubleZero Whitepaper
The DoubleZero Protocol integrates permissionlessly contributed fiber links to build a resource-efficient, high-performance global network and introduces a new communications economy optimized for various decentralized systems and data processing environments.
Infra
Jay
September 27, 2024
Solana Mega Report V2 - Like Apple, but Unlike Apple
Solana is the leading integrated blockchain featuring parallel processing, low fees, and fast transactions. With their practical and developer-friendly technology stack, Solana is rapidly building a unique ecosystem for real-world adoption, overcoming a series of crises and regaining market share.
Infra
Jay
September 27, 2024
KYVE: The Blockchain That Solves Blockchain Problems
Let's explore A to Z about KYVE
Infra
Steve, Heechang
September 26, 2024
Rebuilding Ethereum for Rollups - Initia
This is where Initia, an L1 blockchain with its rollup ecosystem, comes in. Initia is developing primitives to make its own rollup ecosystem more economically aligned and leverage its settlement layer for rollup such as shared liquidity, native USDC, native oracle, multi-token staking.
Infra
Heechang
September 24, 2024
Bluefin: Redefining the Standards of Decentralized Trading Experiences
Bluefin has achieved $26.3 billion in trading volume and holds 70% of the market share, showcasing strong user base and liquidity. Bluefin plans to become a comprehensive decentralized trading platform by introducing features like a DEX aggregator, easy on-ramps, and cross-chain functionality.
DeFi
JW
September 20, 2024
Complete Guide to Sui
Let’s explore the underlying technologies behind the Sui blockchain, as well as its ecosystem.
Infra
Steve
September 17, 2024
Complete Guide to Injective
Let's explore the history and characteristics of Injective, a blockchain designed specifically for finance.
Infra
DeFi
Steve
September 16, 2024
A to Z about Monad
Let's explore A-Z about Monad, a pioneer in EVM parallelization.
Infra
DeFi
Steve, Eren
September 11, 2024
Taiko - The True Ethereum L2
Since Taiko aims to address the issues faced by existing Ethereum L2s comprehensively, before diving into Taiko, let's first explore the path Ethereum L2s have taken and the issues they have encountered.
Infra
Ingeun, Heechang
July 15, 2024
From an Indexing Protocol to AI Infrastructure: The Story of The Graph
Explore The Graph, which aims to become the infrastructure for AI in the indexing network.
Infra
Steve
April 23, 2024
Sui Mega Report - Complete Guide to Sui
This report comprehensively covers the structure of the Sui Network and the Sui ecosystem, in celebration of the inaugural Base Camp, which will become Sui's annual conference.
Infra
Consumer
Infra
Steve
March 20, 2024
Solana Mega Report - Like Apple, but Unlike Apple
Solana is the leading integrated blockchain featuring parallel processing, low fees, and fast transactions. With their practical and developer-friendly technology stack, Solana is rapidly building a unique ecosystem for real-world adoption, overcoming a series of crises and regaining market share.
Infra
Infra
Jay
February 15, 2024
Beginner's guide to Sei Network
Let's look into the past and present of the Sei blockchain, which is currently the hottest blockchain in the market, and take a detailed look at the core of Sei V2, the parallel EVM
Infra
DeFi
Infra
Steve
January 18, 2024
Restaking in Shared Sequencers
Let's delve into an analysis of major Shared Sequencers and the potential risks associated with paticipating as AVS node on them.
Infra
Heechang, JW
January 15, 2024
The State of Solana’s Bridging Landscape
It’s your guide to Solana's interop ecosystem, from messaging protocols to liquidity bridges & interesting developments.
Infra
Heechang
December 21, 2023
zkSync Developer Report
Dive into the 25+ page report on the must-know things for zkSync Developers.
Infra
Heechang
December 17, 2023
Modular Odyssey
The Research Hub for Modular Blockchains
Infra
Heechang, 100y
November 21, 2023
CyberConnect, The Experience Hub for Web3 Adoption
CyberConnect is the most agile in adopting the latest technologies and is creating a social graph that builds a Web2-like UX & participant-centric creative economy at the moment.
Infra
Jay
October 10, 2023
Complete Guide to Polygon: Tech & Business Insights
Dive into the Polygon ecosystem
Infra
100y