A small wizard in a purple starred robe and an orange hat sits on a grassy headland with a staff, looking out over a grey-green sea under a pale, bird-flecked sky, painted in the manner of a nineteenth-century oil sketch.
The headland

By jaywurrly

I analyze on-chain systems and break them down to see what the numbers say, with a little randomness and the occasional sloth.

About the author

Featured study A map of people

Follow eight senior figures through a reshaping of Google’s AI organisation.

WHERE THEY WENTStays inside AlphabetDiscovery LoopOpenAIAnthropicONE DOT = ONE PERSON · JUNE–AUGUST 2026
Source: the article’s register of people and destinations.
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Recent research

All 7 studies
WHAT IS COUNTED, AND WHAT IS ANNOUNCEDEVERY DOLLAR FIGURE ON ONE LOG AXIS · $1M TO $10T$1.00M$1.00B$1.0THELD IN CANTON APPS · DEFILLAMA$8.24MCANTON COIN MARKET CAP · COINGECKO$3.82BREPRESENTED ASSET VALUE · RWA.XYZ$319.15BTOKENIZED REAL-WORLD ASSETS · CANTON.NETWORK$6.0TREPO SETTLED, JUNE 2026 · BROADRIDGE$7.5TAMBER = ANNOUNCED BY THE PUBLISHER · GREY = COUNTED BY A THIRD PARTY
Source: canton.network and Broadridge press pages, DefiLlama, RWA.xyz and CoinGecko, read 14 to 15 September 2026. Logarithmic axis.

An institutional chain, measured

Seven hundred firms, thirteen nodes

More than 700 firms are announced, 13 super validator nodes are measured, and 188 names are graded against the documents behind them.

6 pages

WHEN STOCK TOKENS LEAVE THE SHARE PRICEHOURLY CLOSE / FRIDAY SHARE PRICEAMCHIMS1×10×100×28 AUG31 AUG2026 · LOG SCALE · 1× = THE UNDERLYING SHARE’S FRIDAY CLOSE
Source: the report’s GeckoTerminal hourly closes, 28–31 August 2026. Stock-token prices relative to 28 August share closes.

Stock tokens & on-chain markets

When a memecoin sets the stock price

A weekend when two stock tokens came unstuck from their share prices. Follow the pools, the supply, and what holders actually own.

6 pages