Research
Research notes
Short notes written from the figures on this site. Every one lists the exact inputs it was written from, and every one is labeled as AI-assisted.
What the fee-generating assets look like on 18 October 2026Fee-stream data as of 18 October 2026 reveals a market-cap-to-fees spread spanning three orders of magnitude across fourteen digital assets.
What the fee-generating assets look like on 17 October 2026Fourteen digital assets measured at 17 October 2026 show market-cap-to-fee multiples ranging from roughly 3x to more than 18,000x.
What the fee-generating assets look like on 16 October 2026Fee-stream data as of 16 October 2026 reveals wide dispersion in market-cap-to-fees multiples across fourteen digital assets, with structural differences that limit direct comparison.
What the fee-generating assets look like on 15 October 2026Fee-stream data as of 15 October 2026 reveals wide dispersion in market-cap-to-fees multiples across fourteen digital assets, with structurally distinct accounting bases.
What the fee-generating assets look like on 14 October 2026Across 14 digital assets observed on 14 October 2026, market-cap-to-fees ratios span from under 3x to nearly 19,000x.
What the fee-generating assets look like on 09 October 2026Fee-stream data as of 09 October 2026 reveals wide variation in market-cap-to-fees ratios and retention rates across fourteen digital assets.
What the fee-generating assets look like on 08 October 2026Fee-stream data as of 08 October 2026 reveals wide dispersion in market-cap-to-fees ratios and take rates across fourteen digital assets.
What the fee-generating assets look like on 07 October 2026Fee-stream data as of 07 October 2026 reveal wide dispersion in market-cap-to-fees multiples across fourteen digital assets, with take rates ranging from zero to one hundred percent.
What the fee-generating assets look like on 06 October 2026Fee-stream data as of 06 October 2026 shows market-cap-to-fees multiples spanning from 2.8x to over 19,000x across fourteen digital assets.
What the fee-generating assets look like on 05 October 2026Annualized fee data as of 05 October 2026 reveals wide dispersion in market-cap-to-fee ratios across fourteen digital assets.
What the fee-generating assets look like on 04 October 2026Fee-stream data as of 04 October 2026 reveal wide dispersion in market-cap-to-fees ratios and take rates across fourteen digital assets.
What the fee-generating assets look like on 03 October 2026Fee-stream data as of 03 October 2026 reveal wide variation in how fourteen digital assets generate and retain on-chain revenue.
What the fee-generating assets look like on 02 October 2026Fee-stream data as of 02 October 2026 reveals wide variation in how fourteen digital assets generate and retain on-chain revenue.
What the fee-generating assets look like on 30 September 2026Fee-stream data as of 30 September 2026 reveals wide dispersion in market-cap-to-fees ratios across fourteen digital assets, with take rates ranging from near zero to 100%.
What the fee-generating assets look like on 29 September 2026Fee-stream data as of 29 September 2026 reveals wide dispersion in market-cap-to-fees multiples and take rates across fourteen digital assets.
What the fee-generating assets look like on 28 September 2026Fee-stream data as of 28 September 2026 reveals wide dispersion in market-cap-to-fees ratios and retention rates across fourteen digital assets.
What the fee-generating assets look like on 27 September 2026Across 14 digital assets as of 27 September 2026, market-cap-to-fees multiples span from under 3x to over 20,000x.
What the fee-generating assets look like on 26 September 2026Fee-stream data as of 26 September 2026 reveals wide dispersion in market-cap-to-fees ratios across fourteen digital assets, with take rates ranging from near zero to 100 percent.
What the fee-generating assets look like on 25 September 2026Fee-stream data as of 25 September 2026 reveals wide variation in market-cap-to-fees multiples and retention rates across fourteen digital assets.
What the fee-generating assets look like on 24 September 2026Fourteen digital assets recorded annualized fee streams ranging from roughly $1.6 million to $2.5 billion as of 24 September 2026.
What the fee-generating assets look like on 23 September 2026Fee streams and market-cap-to-fee multiples for 14 digital assets as of 23 September 2026, examined without inference or recommendation.
What the fee-generating assets look like on 22 September 2026Fee-stream data as of 22 September 2026 reveals wide dispersion in market-cap-to-fees ratios across fourteen digital assets, with take rates ranging from zero to 100 percent.
What the fee-generating assets look like on 21 September 2026Fee-stream data as of 21 September 2026 reveals wide dispersion in market-cap-to-fees multiples and take rates across fourteen digital assets.
What the fee-generating assets look like on 20 September 2026Fourteen digital assets show market-cap-to-fee multiples ranging from 2.3x to nearly 20,000x as of 20 September 2026.
What the fee-generating assets look like on 19 September 2026Fourteen digital assets recorded annualized fee streams ranging from roughly $1 million to $2.4 billion as of 19 September 2026.
What the fee-generating assets look like on 15 September 2026Fee-stream data as of 15 September 2026 reveals a wide dispersion in market-cap-to-fees multiples across fourteen digital assets, with structural differences that complicate direct comparison.
What the fee-generating assets look like on 14 September 2026Fourteen digital assets show market-cap-to-fee multiples ranging from 1.9x to 19,191x as of 14 September 2026.
What the fee-generating assets look like on 13 September 2026Fourteen digital assets recorded market-cap-to-fee ratios spanning from 1.9x to 19,005x as of 13 September 2026.
What the fee-generating assets look like on 12 September 2026Fee-stream data as of 12 September 2026 reveals wide dispersion in market-cap-to-fees multiples and take rates across fourteen digital assets.
What the fee-generating assets look like on 11 September 2026Fourteen digital assets show market-cap-to-fee multiples ranging from under 2x to over 18,000x as of 11 September 2026.
What the fee-generating assets look like on 10 September 2026Fee-stream data as of 10 September 2026 reveals wide dispersion in market-cap-to-fees multiples across fourteen digital assets, with structural differences that complicate direct comparison.
What the fee-generating assets look like on 09 September 2026Fee-stream data as of 09 September 2026 reveals wide variation in market-cap-to-fees ratios and retention rates across fourteen digital assets.
What the fee-generating assets look like on 08 September 2026Fee-stream data as of 08 September 2026 reveals wide variation in how digital assets generate, retain, and relate fees to market capitalisation.
What the fee-generating assets look like on 07 September 2026Fee-stream data as of 07 September 2026 reveals wide dispersion in market-cap-to-fees ratios across fourteen digital assets, with structural differences that complicate direct comparison.
What the fee-generating assets look like on 06 September 2026Fee-stream data as of 06 September 2026 reveals wide dispersion in market-cap-to-fees ratios and take rates across fourteen digital assets.
What the fee-generating assets look like on 05 September 2026Fourteen digital assets recorded market-cap-to-fee ratios spanning from 2.3× to 19,558× as of 05 September 2026.
What the fee-generating assets look like on 04 September 2026Fee-stream data as of 04 September 2026 reveals a wide dispersion in market-cap-to-fees multiples across fourteen digital assets.
What the fee-generating assets look like on 03 September 2026Fee-stream data as of 03 September 2026 reveals wide dispersion in market-cap-to-fees multiples across fourteen digital assets, with methodological caveats demanding careful interpretation.
What the fee-generating assets look like on 02 September 2026Fee-stream data as of 02 September 2026 reveal wide variation in how fourteen digital assets generate and retain on-chain revenue.
What the fee-generating assets look like on 01 September 2026Fee-stream data as of 01 September 2026 shows market-cap-to-fees multiples spanning from 2.9x to nearly 19,700x across fourteen digital assets.
What the fee-generating assets look like on 31 August 2026A snapshot of annualized fee streams and market-cap-to-fees multiples across fourteen digital assets as of 31 August 2026.
What the fee-generating assets look like on 30 August 2026Across 14 digital assets as of 30 August 2026, market-cap-to-fees multiples span from under 3x to nearly 19,000x.
What the fee-generating assets look like on 29 August 2026Fee-stream data as of 29 August 2026 reveals wide dispersion in market-cap-to-fees ratios across fourteen digital assets, with important structural caveats.
What the fee-generating assets look like on 28 August 2026A snapshot of annualized fee streams and market-cap-to-fee multiples across fourteen digital assets as of 28 August 2026.
What the fee-generating assets look like on 27 August 2026Across fourteen digital assets observed on 27 August 2026, market-cap-to-annualized-fees ratios span from 2.5x to more than 19,000x.