Data-driven research, guides, and insights for leaders building the infrastructure and intelligence to bring institutions on chain, by the data plumbers at Allium.
DeFi’s “Little-Known Powerhouse” Enters the Institutional Conversation In a new Bloomberg feature titled “The Little-Known Crypto Powerhouse Behind Billions in Trading,” reporter Muyao Shen profiles Hyperliquid, the decentralized exchange that has rapidly become one of the largest venues for perpetual futures trading. The article examines Hyperliquid’s rise from
Stablecoins are evolving from a payments tool into the foundation of onchain credit markets. In collaboration with Visa, Allium is excited to share our new whitepaper, “Stablecoins Beyond Payments: The Onchain Lending Opportunity.” The report explores how programmable, transparent, and global lending markets are emerging onchain powered by stablecoins. Read
Citigroup’s Institute for Global Perspectives & Solutions (GPS) released its September 2025 report, “Stablecoins 2030: Web3 to Wall Street,” marking one of the most comprehensive institutional analyses of on-chain money to date. The report underscores how stablecoins have evolved from crypto utilities to core components of global financial infrastructure,
Today, Allium was featured as one of Business Insider's 49 Most Promising Fintech Startups! It's a collection of startups that are building up the notion that money isn't a coin, currency, or credit card. That's form, not function, & its identity is
This article was originally published in Financial Columnist. You can find the original post on their website here." This article is adapted from a presentation delivered at the Federal Reserve Bank of New York in April, 2025, where Ethan Chan (CEO, Allium) shared insights on the state of on-chain
In a new collaboration between teams within the digital asset space, a whitepaper exploring granular stablecoin activity and what it means for the outlook for the industry has been published. Allium has partnered with VISA to create the methodology that powers the schemas and metrics used to lay the foundation
Over the past few months, three widely read institutional reports—by Boston Consulting Group (BCG), OCBC Global Markets Research, and Standard Chartered—have leaned on Visa On-Chain Analytics powered by Allium to separate signal from noise in stablecoin activity. The result is a clearer view of where stablecoins are actually
Our team added support for seventeen additional chains (including XRPL, Bitcoin Cash, Litecoin), upgrades to three of our real-time API endpoints, and new additions to our docs (including a changelog, a chain-endpoint lookup, and guided product tours). Increased chain support 17 new chains: Babylon, Bitcoin Cash, Celestia, Codex, Core, dYdX,
This report was originally written by Coinbase. You can find the original post on their blog at the following link: The State of Crypto: The Future of Money Is Here (Coinbase). Tl;DR: Sixteen years after the launch of Bitcoin, it's clear the future of money is here
Introduction Stablecoins are now the settlement layer of crypto, moving trillions of dollars across exchanges, wallets, and payment networks each year. For institutional analysts, accountants, and regulators, tracking these flows is essential: they reveal liquidity trends, counterparty risk, systemic vulnerabilities, and potential compliance red flags. But raw blockchain data is
March brought another month of shipping new products and optimizing existing ones. Our team deployed support for six additional blockchain networks (including Hyperliquid), shipped Token Prices & NFT APIs, and more. These updates reflect our commitment to delivering the industry’s fastest, highest-quality blockchain data infrastructure. Read on for the
Crosschain analysis shows Lazarus leveraged DeFi protocols to launder funds Bybit, the world’s second-largest exchange by trading volume, recently suffered the largest crypto hack in history. On February 21, 2025, North Korea’s Lazarus Group stole $1.46 billion in Ethereum tokens from Bybit and immediately began laundering the