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Shaping the yield curve for digital assets.

Original research, market commentary, and educational resources on digital fixed income, staking yield mechanics, and institutional participation in proof-of-stake networks.

42
Papers Published
2
Networks Covered
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Featured Research

White Paper

The Digital Yield Curve: A Fixed-Income Framework for ETH and SOL Staking

An institutional framework for pricing, valuing, and trading Ethereum and Solana staking income as duration instruments. Covers principal-yield separation mechanics, bond-equivalent settlement, duration risk management, and the construction of a staking yield curve across 30, 90, and 180-day tenors.

Paper Details

Published

February 2025

Networks

Ethereum · Solana

Topics

Fixed Income, Staking

Pages

42

Research Library

All Research

Market commentary and explainers.

Market CommentaryMarch 2025

ETH Staking Yields Under Macro Pressure: Q1 2025 Review

How rising real rates and shifting validator economics affected Ethereum staking yields in Q1 2025, and the implications for institutional fixed-income allocators building duration strategies on ETH.

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ExplainerJan 2025

PT and YT: A TradFi Primer on Principal-Yield Separation

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ExplainerDec 2024

Solana Staking Mechanics: What Institutional Allocators Need to Know

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Market CommentaryFeb 2025

SOL Staking Yield Dynamics: Inflation Schedule, Validator Competition, and Institutional Demand

A detailed look at the mechanics driving Solana staking yields, how they differ from Ethereum, and the structural factors that will shape the SOL yield curve over 2025.

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Regulatory WatchJan 2025

Staking Yield Classification: Evolving Regulatory Posture Across Key Jurisdictions

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ExplainerNov 2024

Duration Risk in Digital Asset Yield: Borrowing the Bond Market Toolkit

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