Onchain Market Structure
A compact map of the participants, incentives, and flows that shape an onchain market.
Preview contentWhy it exists
A protocol can look simple at the interface while its incentives are distributed across many participants.
What it does
This preview offers a vocabulary for tracing who provides liquidity, who takes risk, and where information moves.
How to use it
Use it as a reading framework before forming an opinion about a system.
Limitations
It is not financial advice, protocol due diligence, or a claim about any market outcome.
Related
Use this systems lens alongside the wider Crypto library.