The Hedgen research library on the DeFi and RWA protocols institutional allocators actually hold, available as a firm-wide annual subscription. Ondo Finance is the first report; a public executive summary is below.
Illustrative profile: strong position, unproven economics
Clear frameworks applied to complex topics, not generic summaries.
Professional reports you can share with your team or stakeholders.
Structured takeaways to inform your team's evaluation process.
A public sample of the Hedgen framework applied to the largest tokenized US Treasuries protocol. Dominant market position weighed against a tokenomics design that hasnt been tested through a full cycle.
Maple and Ethena follow Ondo, on a roughly six-to-seven-week cadence. Get in touch to be notified as each report ships.
Ondo
In production
Maple
Next
Ethena
Next
TBD
By demand
A firm-wide annual subscription gives your team the full report library plus quarterly updates. Founding membership is $9,000/year, locked for life for the first 10 firms.
Weekly DeFi & RWA protocol and market analysis. No noise, just structured insights.