XFollowListPeople, ideas and original work on X

Organization

Investment firm researching digital asset markets

ParaFi

@ParaFiCapital on X

Team research on stablecoins, prediction markets and financial infrastructure, with named authors and notes that explain what each chart measures.

Why read ParaFi?

Read ParaFi's Signals for a compact market argument you can check against its methodology. The Up/Down markets note explains binary contracts tied to price moves, then distinguishes notional volume from money paid or capital at risk. Its coverage notes also reveal why a headline comparison can mix different samples. Start with those definitions before using the growth figures.

The non-USD stablecoin note gives you a second example: token supply, trading volume and transfers describe different activities over different periods. The team compares EURC with other tokens, identifies the datasets and discloses an investment interest in Circle. This is useful for reading an institutional thesis while keeping the chart's scope and the firm's economic perspective visible.

Start with the original

Selected work

  1. Research note ·

    Up/Down Market Volume is Up

    What does a prediction-market volume chart count? Jerry Xu's note defines the covered contracts and notional measure, and explains the limits of its historical comparisons.

  2. Research note ·

    Non-USD Stablecoin Supply Grew ~5x in the Last Two Years

    What can supply, trading and transfer data each tell you? Leah Valente's note separates the periods and coverage, and discloses the firm's Circle investment interest.

Projects & roles

  • ParaFi Signals

    The firm's archive of chart-led research with author names, dates and data notes.

  • ParaFi Tech

    Its technology division, linked from ParaFi's own site, publishes open financial infrastructure.

Onchain

Linked wallets

Community rating

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Sources & further reading