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Data-driven storytelling for the onchain economy.

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Latest Issues

Nexus Data #012 - Lending

Intro

Welcome to the twelfth edition of Nexus Data Labs, where we highlight what matters most in the fast-developing world of onchain finance.

Thank you to George, Joel, Modestus, and J.W. for contributing to this issue.


Sett...

5 days ago

Nexus Data #011 - The Great L2 Migration That Never Happened

Intro

In November 2025, Vitalik responded to an X post noting that Ethereum L1 fees had been negligible all year. His take was simple: just build on L1. He doubled down in February 2026, stating that Ethereum’s L2 scaling roadmap “no lo...

12 days ago
1

Nexus Data #010 - State of Tokenization Breakdown

Intro

Welcome to the tenth edition of Nexus Data Labs, where we highlight what matters most in the fast-developing world of onchain finance.

Thank you to J.W. and Diego for contributing to this issue.

We would also like to acknowledge...

19 days ago
1

What Is the TOTAL2 Index and How Can You Trade It?

1. What Is the TOTAL2 Index?

Every crypto cycle has two stories: Bitcoin’s and everything else. TOTAL2 is the index that tracks the latter.

TOTAL2 tracks the combined market cap of the top 125 cryptocurrencies excluding Bitcoin. It cov...

22 days ago
3

Nexus Opinion - The non-USD Stablecoins Landscape


By Diego Cabral

The article is also available on X.


Setting the Scene

One of the fastest-growing sectors of the onchain economy remains largely invisible in mainstream analysis: non-USD stablecoins.

This report breaks d...

a month ago
2

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    Data-driven storytelling for the onchain economy.

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    Data insights for onchain finance | Research & AI @nexusdatalabs

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