In this episode, we unpack crypto’s “revenue meta,” the shift from narrative-driven investing to fundamentals, and how token value accrual is evolving. We also cover CEX-DEX integrations, PumpFun’s token valuation, HYPE buybacks, and why institutional capital is reshaping market dynamics. Thanks for tuning in!

As always, remember this podcast is for informational purposes only, and any views expressed by anyone on the show are solely their opinions, not financial advice.

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Pre-deposit now: Earn high APRs with Turtle Club https://app.turtle.club/campaigns/katana or spin the wheel with Katana Krates https://app.katana.network/krates

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Ledger, the global leader in digital asset security, proudly sponsors 0xResearch! As Ledger celebrates 10 years of securing 20% of global crypto, it remains the top choice for securing your assets. Buy a LEDGER™ device now and build confidently, knowing your precious tokens are safe.

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Marinade is the premier staking delegation platform on Solana, bringing billions in liquidity and security to the Solana network, and connecting SOL holders to the best staking rates.

Since launching in 2021, Marinade has expanded their suite of products to provide solutions for both DeFi users and TradFi, including liquid and native staking, as well as direct enterprise integrations.

To learn more about Marinade, follow the link below: https://marinade.finance/?utm_source=blockworks&utm_medium=partnerships&utm_campaign=podcast

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Join us from June 24th-June 26th at Permissionless IV! Use Code 0x10 at checkout for 10% off!

Tickets: https://blockworks.co/event/permissionless-iv

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Timestamps:

(0:00) Introduction

(1:43) Evaluating Crypto Fundamentals

(18:49) Ads (Katana & Ledger)

(19:26) Crossover Between CEXs & DEXs

(29:42) Ads (Katana & Ledger)

(30:47) PumpFun's Valuation

(40:51) Ads (Marinade & Algorand)

(41:53) HYPE Buybacks

(47:10) Permissionless is Next Week

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Check out Blockworks Research today! Research, data, governance, tokenomics, and models – now, all in one place

Blockworks Research: https://www.blockworksresearch.com/

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Disclaimer: Nothing said on 0xResearch is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Boccaccio, Danny, and our guests may hold positions in the companies, funds, or projects discussed.

Episode 29: Start A Band Website