In today’s briefing:
- Merge Chart Jamboree
Merge Chart Jamboree
- By now, you probably already know the basics of the Merge, so let’s dive into how markets reacted, both in the run-up and in the immediate aftermath.
- We will explore pre- and post-Merge markets, looking closely at derivatives, spot markets, liquidity, staked ETH, and proof-of-work alternatives to ETH.
- Derivatives markets dominated ETH market activity in the month preceding the Merge, with the derivatives to spot volume ratio surging at the fastest rate ever observed.
💡 Before it’s here, it’s on Smartkarma
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