Onchain trading is where market structure changes first. Castle Labs covers perp DEXs, options, commodity markets, prediction markets, volatility venues, and exchange design from the microstructure up. Our commodities report benchmarked Hyperliquid's oil perps against CME futures tick by tick; our options and prediction-market work asks the same question for binary outcomes and volatility: where is price discovery moving onchain, and what still blocks institutional depth?
key figures as of 2026-07-07 · refreshed daily
This article is an excerpt from our research on The Renaissance of Onchain Options, mapping the expansion of options (and prediction markets) as a trading instrument and the volatility that prices them, published in collaboration with Block Scholes.
PropAMMs are all about onchain execution
Story of three weekends of Price Discovery on Hyperliquid
Hyperliquid is Not a Company — research from Castle Labs.
Predictions Entering the House of All Finance
Using AI swarms to build trading strategies
A deep dive into all the current proposals for the USDH stablecoin
The AI Dispatch #27 - Same Old, $REI Network, Hyperliquid AI? — research from Castle Labs.
A Castle Research Piece
A comparative analysis of Solana’s thriving perpetual ecosystem
All for One and One for All: The Evolution of Consensus Models with Hyperliquid, Monad & Sonic — research from Castle Labs.
The Castle Chronicle: Volume 70
PLUS: Don't Ignore AI on Arbitrum
A Castle Research Report
The Castle Chronicle: Volume 67
Castle Capital Research Report
