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全資産Every research file, largest firstセクターWhat each category holds and weighsランキングFourteen leaderboards and what they missヒートマップThe market sized by value, shaded by changeグローバル市場Total capitalization, dominance and volume
ツール
スクリーナーFilter by fundamentals, supply and risk資産を比較Research files side by side保存済みThe assets you have starred
ファンダメンタルズ
Economics
Fees & revenueWhat users pay, and who keeps itロック済み価値Capital deposited in each networkExchange volumeTrading on decentralized exchanges
Networks
ネットワーク活動Addresses, transactions and throughputStablecoinsDollar tokens, where they live and what backs themStaking & yieldWhat securing a network pays, after issuance
バリュエーション
Standardized measures
バリュエーション指標Price against fees and revenue, limits statedSupply & issuanceCirculating, maximum and the dilution ahead指標の定義Every figure: definition, period, limitation
機関投資家
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上場取引型プロダクトEvery US-listed fund, with a page each企業の保有資産Listed companies holding digital assets
リサーチ
Analysis
リサーチノートShort notes written from stored figuresイベントカレンダーUpgrades, halvings and policy dates
リスク
リスクフレームワークFifty factors in seven familiesセキュリティインシデントExploits and failures, with the losses
学ぶ
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Learn libraryEleven tracks, from first principles用語集Every term in plain English計算ツールFee drag, dilution and conversion
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方法論How every figure is measuredデータソースWho publishes what we showデータの鮮度When each feed last ranAI agentsPrompts that keep an assistant on our dataパブリックAPIThe same figures, as JSON
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定義 Modular stackModularityMonolithic blockchain

Modular Blockchain

A design where separate systems handle execution, settlement, consensus, and data publication instead of one chain doing everything.

A monolithic chain such as Bitcoin or Solana performs all of those functions itself, while a modular stack might have a rollup execute transactions, Ethereum settle disputes and hold assets, and a dedicated layer publish the data. The argument for splitting them is specialization: each layer can be optimized and capacity added without forcing every node to do more work. The costs are equally concrete, since every interface between layers is a place where assumptions and failure modes are added, liquidity and users are spread across more networks, and the total security of a position depends on the weakest layer it relies on. Frameworks such as the OP Stack and Arbitrum Orbit let teams launch chains that assemble these components from menus.

実際の運用

A rollup can execute transactions, settle to Ethereum, and publish its data to a separate availability layer, so three different systems back one user transaction.

よくある誤解

Modular is a set of trade-offs rather than an upgrade; separating layers adds interfaces and trust assumptions that a single integrated chain does not have.

02

関連用語

Data Availability The guarantee that the data behind a block or batch was actually published, so anyone can download…
Layer 1 A blockchain that runs its own consensus and settles its own transactions, such as Bitcoin,…
Layer 2 A separate network that processes transactions off a base chain while relying on that chain for…
Rollup A layer 2 that executes transactions in bulk elsewhere and posts the results, plus enough data,…
Sharding Splitting a network so each node handles only part of the work, instead of every node processing…
Digital Asset DatabaseDigital asset research & education

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ファンダメンタルズ

Fees & revenueロック済み価値Exchange volumeネットワーク活動StablecoinsStaking & yield

Valuation & risk

バリュエーション指標Supply & issuance指標の定義リスクフレームワークセキュリティインシデント

機関投資家

上場取引型プロダクト企業の保有資産Eventsリサーチノートニュース

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Learn library用語集計算ツールデータに問い合わせるAI agentsパブリックAPI

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