Recent Publications
Recent Publications
Drawing on our deep expertise in on-chain data and DeFi solutions, our research team delivers clear and actionable insights.
Latest Reports
Learn from our newest research
Bitcoin Treasury Strategies
In this report, we break down the companies leading the Bitcoin Treasury movement, the financing structures behind their bets, the risks that could unravel them, and the path Bitcoin must take to evolve from volatile reserve asset to productive digital capital.
Real Yield
Mapping the Real Economy Behind On-Chain and Off-Chain Capital Flows
It Is a Feature, Not a Bug
This report unpacks the economic realities of a fully-funded blockchain world. From on-chain capital inefficiencies to institutional barriers and hybrid solutions, it analyzes "inefficiency" as a deliberate, structural feature and discusses potential improvements to DeFi’s capital efficiency.
Featured Dashboards
Featured Dashboards
Highly curated interactive research dashboards that provide insights about the latest trends in the DeFi space.
Crypto Treasury Tracker
A unified dashboard tracking crypto reserves across entities and assets.
Stablecoins Insights
Analyze market dynamics of leading stablecoins with on-chain data
Flare DeFi Ecosystem
Analyze Flare's DeFi landscape, including TVL and protocol performance.
Aave v3 Across Blockchains
Aave analytics for supply and borrow TVL by token across different blockchains
DeFi Exploits
This dashboard analyzes key DeFi lossses, reasons, impacts, and auditors.
Crypto Treasury Tracker
A unified dashboard tracking crypto reserves across entities and assets.
Stablecoins Insights
Analyze market dynamics of leading stablecoins with on-chain data
Flare DeFi Ecosystem
Analyze Flare's DeFi landscape, including TVL and protocol performance.
Aave v3 Across Blockchains
Aave analytics for supply and borrow TVL by token across different blockchains
Crypto Treasury Tracker
A unified dashboard tracking crypto reserves across entities and assets.
Stablecoins Insights
Analyze market dynamics of leading stablecoins with on-chain data
Flare DeFi Ecosystem
Analyze Flare's DeFi landscape, including TVL and protocol performance.
Aave v3 Across Blockchains
Aave analytics for supply and borrow TVL by token across different blockchains
DeFi Exploits
This dashboard analyzes key DeFi lossses, reasons, impacts, and auditors.
Webinars
Webinars
We analyze specific topics using Sentora’s data and research efforts
Oct 29, 2025
What's Behind DeFi Vaults
Oct 1, 2025
Crypto Treasury Strategies: What Works—and What Doesn’t
Sep 3, 2025
The Missing DeFi Primitive: Unlocking Insurance for Yield, Security, and Adoption
Aug 13, 2025
Evaluating Risks in DeFi - Key Data & Analysis of The Risk Landscape
Jul 16, 2025
Exploring DeFi Prediction Markets
Oct 29, 2025
What's Behind DeFi Vaults
Oct 1, 2025
Crypto Treasury Strategies: What Works—and What Doesn’t
Sep 3, 2025
The Missing DeFi Primitive: Unlocking Insurance for Yield, Security, and Adoption
Aug 13, 2025
Evaluating Risks in DeFi - Key Data & Analysis of The Risk Landscape
Oct 29, 2025
What's Behind DeFi Vaults
Oct 1, 2025
Crypto Treasury Strategies: What Works—and What Doesn’t
Sep 3, 2025
The Missing DeFi Primitive: Unlocking Insurance for Yield, Security, and Adoption
Aug 13, 2025
Evaluating Risks in DeFi - Key Data & Analysis of The Risk Landscape
Jul 16, 2025
Exploring DeFi Prediction Markets
Jul 10, 2025
Risk as a DeFi Trader: What Signals Matter and Which Ones Don’t
Latest Newsletters
Latest Newsletters
In-depth weekly updates analyzing major market events, protocol risks, and emerging trends shaping the DeFi ecosystem.
ETFs steady crypto as HK OKs SOL; Aave taps Maple
In this week's newsletter, we explore Hong Kong's approval of the first Solana ETF and Aave's onboarding of Maple's institutional yield assets
Structural Shifts in Crypto: The Black Friday Drawdown and Hyperliquid’s Bid to challenge CEXs
This week we dive into the two key events shaping the DeFi landscape: the October 10 “Black Friday” market crash, which triggered over $19 billion in liquidations (the biggest liquidation event in crypto history) and exposed vulnerabilities in centralized trading infrastructure, and Hyperliquid’s HIP-3 launch, a permissionless upgrade enabling builders to deploy custom perpetuals markets with potential to expand on-chain derivatives volumes by 10–20x.
Plasma’s DeFi Ignition: Over $5 Billion TVL in Week One
Welcome to your weekly Sentora crypto newsletter. As Plasma’s mainnet celebrates its first full week, the DeFi landscape is witnessing a seismic shift. The Layer 1 blockchain has surged past a staggering $5.6B in TVL, fueled by outstading stablecoin yields, zero-fee USDT mechanics and strong institutional backing. The outflows of stablecoins from other DeFi focussed blockchains has been notable. This issue reviews the chain’s foundational metrics before spotlighting protocol-specific evolutions as well as offering investors a lens on its current yield opportunities.
Crypto Treasuries Reach $237B, BTC Tops 638K, and $1B Avalanche Plan Announced
This week, we are excited to feature an issue from our partners at the Crypto Treasury Tracker. Their weekly snapshot provides an expert analysis of the evolving world of corporate and institutional digital asset treasuries.
ETFs steady crypto as HK OKs SOL; Aave taps Maple
In this week's newsletter, we explore Hong Kong's approval of the first Solana ETF and Aave's onboarding of Maple's institutional yield assets
Structural Shifts in Crypto: The Black Friday Drawdown and Hyperliquid’s Bid to challenge CEXs
This week we dive into the two key events shaping the DeFi landscape: the October 10 “Black Friday” market crash, which triggered over $19 billion in liquidations (the biggest liquidation event in crypto history) and exposed vulnerabilities in centralized trading infrastructure, and Hyperliquid’s HIP-3 launch, a permissionless upgrade enabling builders to deploy custom perpetuals markets with potential to expand on-chain derivatives volumes by 10–20x.
Plasma’s DeFi Ignition: Over $5 Billion TVL in Week One
Welcome to your weekly Sentora crypto newsletter. As Plasma’s mainnet celebrates its first full week, the DeFi landscape is witnessing a seismic shift. The Layer 1 blockchain has surged past a staggering $5.6B in TVL, fueled by outstading stablecoin yields, zero-fee USDT mechanics and strong institutional backing. The outflows of stablecoins from other DeFi focussed blockchains has been notable. This issue reviews the chain’s foundational metrics before spotlighting protocol-specific evolutions as well as offering investors a lens on its current yield opportunities.
Crypto Treasuries Reach $237B, BTC Tops 638K, and $1B Avalanche Plan Announced
This week, we are excited to feature an issue from our partners at the Crypto Treasury Tracker. Their weekly snapshot provides an expert analysis of the evolving world of corporate and institutional digital asset treasuries.
ETF Flows Roar Back, SEC Kicks the Can (Again), and RWAs Inch Deeper Into DeFi
In this week's newsletter we explore the latest ETF flows, the SEC's (lack of) decision on Ethereum staking for ETFs and recent RWA developments
The ETH Rotation, Policy Breakthroughs, and Institutional DeFi’s Next Leg
In this week's newsletter, we analyze ETH ETF performance and shifting institutional interest, Aave horizon and the Uniswap DAO vote to adopt Wyoming's DUNA framework
The Pulse
The Pulse
Comprehensive weekly overview of crypto market risks, covering liquidations, lending activity, and key DeFi stability metrics.
The Pulse: negative sUSDe carry and Ethereum DAT selling
Welcome to Crypto Risk Review, your concise and clear resource for quickly understanding and navigating crypto and DeFi market risks. In this edition we dive into the negative carry for a common strategy around sUSDe and the potential impact of digital asset treasuries (DATs) selling their ETH holdings.
Flash Crash Liquidations and Market Resilience
The Oct 10 Flash Crash caused ~$19B in liquidations. DeFi lending protocols like Aave and Morpho stayed resilient, avoiding bad debt. Key risks: collateral concentration in smaller chains and unstable strategy vaults. Featured: Dolomite Risk Radar.
Plasma's Stablecoin Liquidity Black Hole
Deleveraging dropped high-risk loans below $10B, with $21M in liquidations amid volatility. Plasma mainnet drained $1.5B+ in stables from Ethereum, creating liquidity crunches and rate spikes. Duration risks easing. Featured: Sentora Euler Cluster tracking vault health and whale activity.
Uni4 hook exploits and restaking risks
High-risk loans rise above $12B with $12.6M in liquidations amid volatility. Uniswap v4 hook exploits expose new smart contract risks, while CAP Protocol’s restaking model brings potential slash exposure. Featured: Ethena Risk Radar tracking USDe stability and liquidity metrics.
The Pulse: negative sUSDe carry and Ethereum DAT selling
Welcome to Crypto Risk Review, your concise and clear resource for quickly understanding and navigating crypto and DeFi market risks. In this edition we dive into the negative carry for a common strategy around sUSDe and the potential impact of digital asset treasuries (DATs) selling their ETH holdings.
Flash Crash Liquidations and Market Resilience
The Oct 10 Flash Crash caused ~$19B in liquidations. DeFi lending protocols like Aave and Morpho stayed resilient, avoiding bad debt. Key risks: collateral concentration in smaller chains and unstable strategy vaults. Featured: Dolomite Risk Radar.
Plasma's Stablecoin Liquidity Black Hole
Deleveraging dropped high-risk loans below $10B, with $21M in liquidations amid volatility. Plasma mainnet drained $1.5B+ in stables from Ethereum, creating liquidity crunches and rate spikes. Duration risks easing. Featured: Sentora Euler Cluster tracking vault health and whale activity.
Uni4 hook exploits and restaking risks
High-risk loans rise above $12B with $12.6M in liquidations amid volatility. Uniswap v4 hook exploits expose new smart contract risks, while CAP Protocol’s restaking model brings potential slash exposure. Featured: Ethena Risk Radar tracking USDe stability and liquidity metrics.
The Pulse: Crypto Risk Review
High-risk loans hit $11B with $4.5M in liquidations amid tight liquidity and negative LRT flows. Duration risk grows as leverage restaking trades face long unstaking queues and stablecoin redemption delays. Featured: Morpho Risk Radar monitoring collateral exposure and market efficiency.
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Stay Updated.
Join Our Newsletter
Crypto analysis, news and updates, right to your inbox! Sign up here so you don't miss a single one.
Stay Updated.
Join Our Newsletter
Crypto analysis, news and updates, right to your inbox! Sign up here so you don't miss a single one.