State of Onchain Finance Q2 ’26
Blockchain is no longer just a venue for crypto speculation. It is becoming infrastructure for financial markets.
Our new State of Onchain Finance report looks at how dollars, yield-bearing funds, equities, pre-IPO exposure, weekend markets, and prediction markets are moving onto public rails.
Inside, we cover stablecoin activity after filtering out noisy volume, the rise of tokenized US Treasury and money-market funds, the growth of spot and perpetual equity exposure, onchain price discovery before SpaceX listed, the weekend advantage when traditional venues are closed, and prediction markets clearing billions in monthly volume.
The throughline is simple: finance is moving onchain as a stack: dollars, then yield, then asset exposure, and now information itself.
Informational only. Not investment advice.
By Elton Shehdula, Research Lead @Allium Labs
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July 16, 2026
The most expensive long onchain is a crowded bet on SK Hynix
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July 16, 2026
US-linked wallets are the biggest political crowd on Polymarket despite being geoblocked
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July 1, 2026
Which Company Will Be the World's Largest by Year-End 2026?
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June 19, 2026
Meeting in the Middle
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July 11, 2026
Pricing SpaceX Pre-IPO Onchain
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June 16, 2026
World Cup Prediction Markets Geography
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June 16, 2026
A Four-Year Bug, a 64% Crash, and a Question Nobody Can Close
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June 16, 2026
Tokenized US Funds Onchain: $14.2B and Compounding
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June 16, 2026
Tokenized Equities Onchain: $3.3B and Growing
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June 16, 2026
Hyperliquid non-crypto perps
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June 16, 2026
Ondo Finance (ONDO)
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June 16, 2026
USDH: What Coinbase Actually Bought
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June 16, 2026
When Wall Street Sleeps
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June 16, 2026
Hyperliquid (HYPE): Onchain Research
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June 16, 2026
Franklin Templeton on Stellar: Onchain Analysis
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June 17, 2026
Prediction Markets: A New Financial Primitive
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June 16, 2026
Stellar: Institutional Infrastructure for Global Settlement and Tokenized Assets
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July 3, 2026
Tokenized Equities: Market Adoption and Trading Dynamics
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June 16, 2026
Stablecoins: The emergence of a new payment rail
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June 16, 2026
Onchain Execution: How Institutions Are Trading in DeFi Markets
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June 16, 2026
Stablecoin Payments: The Truth Behind the Numbers
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June 16, 2026
In the Shadow of Bank Runs: Lessons from the Silicon Valley Bank Failure and Its Impact on Stablecoins
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June 16, 2026
Cross-Chain Arbitrage: The Next Frontier of MEV in Decentralized Finance
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June 16, 2026
The State of Crypto: The Future of Money Is Here
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June 16, 2026
Stablecoins: Five killer tests to gauge their potential
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June 16, 2026
On-Chain Trading Data Gaps: Risks for Crypto Market Oversight
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June 16, 2026
On-Chain Analysis of Smart Contract Dependency Risks on Ethereum
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June 16, 2026
Bybit Hack: How the Lazarus Group Exploited DeFi Protocols to Launder $400M
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June 16, 2026
Game Theoretic Liquidity Provisioning in Concentrated Liquidity Market Makers
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June 16, 2026
Algorithmic Techniques for Utility Improvement Across the Blockchain Stack
Finance is moving onchain. Allium is the system of record it runs on.
Finance is moving onchain. Allium is the foundation it runs on.