Research & Insights
Data-driven crypto analysis and market notes, published by Clashware Sàrl, Lausanne.
Bittensor's Governance Crisis: What Covenant AI's Exit Means
Covenant AI dumped 37,000 TAO and accused Bittensor of centralization theatre. We analyze the fallout, recovery, and what it reveals about DeAI governance.
AI Crypto Tokens Rally While Everything Else Bleeds
AI tokens gained 30% in four weeks while every other crypto sector posted losses. Here is what is driving the divergence.
DePIN's Real Numbers: Akash's Verifiable Spend vs. Grass
Akash publishes onchain lease and spend data anyone can check. Grass advertises 8.5 million users; DefiLlama shows no revenue-tracking module for it.
Why Meme Coins Lead Market Recoveries Every Time
PEPE surges 29% as meme sector leads crypto recovery. Data shows meme coins consistently front-run broader rallies, acting as a reliable risk appetite indicator.
AXS Rallied 200% in January 2026, Then Gave Back 90%
AXS surged 200% in January 2026, then gave back 90% of the gain by mid-August. GameFi's cap: $6.59B (Jan) and roughly $3B (Aug), on different trackers.
DePIN Revenue Reality: Which Networks Earn Real Fees in 2026
Independent fee revenue for Helium, Render, Filecoin, and Akash, checked against DefiLlama, plus Aethir's self-reported ARR. Emissions are not revenue.
January 2026 Meme Coin Rally Reversed: Where They Stand
PEPE, DOGE, SHIB, BONK, and WIF all led a January 2026 rally. Seven months later every one trades below its January price, down 50% or more.
DeFi Sector Analysis: Top Protocols to Watch in 2024
An in-depth analysis of the DeFi landscape, featuring protocols with the strongest fundamentals and highest STRICT scores.