Get the Full Report

Enter your email below to view

Onchain: The New Alternative Alpha

Leveraging Onchain Data to Inform Investments

Perpetual futures and prediction markets now trade real money around the events that move markets, from the SpaceX IPO to the US-Iran oil shock to Fed decisions. This deck collects ten case studies on where that signal shows up first onchain and how investors can read it, all built on Allium data. By Elton Shehdula, Head of Research, with Olivia Denk and Maksym Sherman.

Read full report

Two new sources of market intelligence have grown up onchain: perpetual futures on venues like Hyperliquid, Lighter, and Aster, and prediction markets on Polymarket and Kalshi. Together they trade billions of dollars a day in real money, and the signal concentrates around the events that actually move markets, from IPOs and earnings to Fed decisions and geopolitical shocks.

This deck collects ten case studies on reading that signal with Allium onchain data:

  • Pre-IPO and international access: onchain pre-IPO markets priced SpaceX inside its listing range weeks before the June 12 debut, and perps opened Korea, Hong Kong, and Japan names ahead of their listings.
  • Weekend markets: 55% of equity and commodity perp volume trades outside US market hours, and weekend trading priced 29% of the oil move at the start of the Iran conflict.
  • Political markets: Fed rate odds, Fed-chair nomination markets, and election upsets that repriced FX before the headline.
  • Geopolitics: peace-deal odds that led Brent crude lower.
  • Alternative KPIs: earnings-beat odds, delivery estimates, and AI-bubble and largest-company markets as live inputs.
  • Smart money, trader profiles, and market flows: position-level tracking, trader cohorts, liquidation maps, funding, and dry powder across the book.

Read the full deck above.

Informational only, not investment advice.

Other reports

ECOSYSTEMS
July 30, 2026

Polymarket and Kalshi now predict future GPU rental prices

Read
ECOSYSTEMS
July 30, 2026

A live market priced CXMT's 472% IPO pop before Shanghai opened

Read
ECOSYSTEMS
July 30, 2026

Gain exposure to Anthropic and OpenAI before the IPO

Read
ECOSYSTEMS
July 30, 2026

Binance's outflows shifted further to self-custody into the MiCA deadline

Read
ECOSYSTEMS
July 30, 2026

The most expensive long onchain is a crowded bet on SK Hynix

Read
ECOSYSTEMS
July 30, 2026

US-linked wallets are the biggest political crowd on Polymarket despite being geoblocked

Read
ECOSYSTEMS
July 30, 2026

Which Company Will Be the World's Largest by Year-End 2026?

Read
ECOSYSTEMS
June 25, 2026

State of Onchain Finance Q2 ’26

Read
ECOSYSTEMS
June 19, 2026

Meeting in the Middle

Read
ECOSYSTEMS
July 11, 2026

Pricing SpaceX Pre-IPO Onchain

Read
ECOSYSTEMS
June 16, 2026

World Cup Prediction Markets Geography

Read
ECOSYSTEMS
June 16, 2026

A Four-Year Bug, a 64% Crash, and a Question Nobody Can Close

Read
ECOSYSTEMS
June 16, 2026

Tokenized US Funds Onchain: $14.2B and Compounding

Read
ECOSYSTEMS
June 16, 2026

Tokenized Equities Onchain: $3.3B and Growing

Read
ECOSYSTEMS
June 16, 2026

Hyperliquid non-crypto perps

Read
ECOSYSTEMS
June 16, 2026

Ondo Finance (ONDO)

Read
ECOSYSTEMS
June 16, 2026

USDH: What Coinbase Actually Bought

Read
ECOSYSTEMS
June 16, 2026

When Wall Street Sleeps

Read
ECOSYSTEMS
June 16, 2026

Hyperliquid (HYPE): Onchain Research

Read
ECOSYSTEMS
July 30, 2026

Franklin Templeton on Stellar: Onchain Analysis

Read
ECOSYSTEMS
July 30, 2026

Prediction Markets: A New Financial Primitive

Read
ECOSYSTEMS
July 30, 2026

Stellar: Institutional Infrastructure for Global Settlement and Tokenized Assets

Read
ECOSYSTEMS
July 30, 2026

Tokenized Equities: Market Adoption and Trading Dynamics

Read
ECOSYSTEMS
June 16, 2026

Stablecoins: The emergence of a new payment rail

Read
ECOSYSTEMS
June 16, 2026

Onchain Execution: How Institutions Are Trading in DeFi Markets

Read
ECOSYSTEMS
June 16, 2026

Stablecoin Payments: The Truth Behind the Numbers

Read
ECOSYSTEMS
June 16, 2026

In the Shadow of Bank Runs: Lessons from the Silicon Valley Bank Failure and Its Impact on Stablecoins

Read
ECOSYSTEMS
June 16, 2026

Cross-Chain Arbitrage: The Next Frontier of MEV in Decentralized Finance

Read
ECOSYSTEMS
June 16, 2026

The State of Crypto: The Future of Money Is Here

Read
ECOSYSTEMS
June 16, 2026

Stablecoins: Five killer tests to gauge their potential

Read
ECOSYSTEMS
June 16, 2026

On-Chain Trading Data Gaps: Risks for Crypto Market Oversight

Read
ECOSYSTEMS
June 16, 2026

On-Chain Analysis of Smart Contract Dependency Risks on Ethereum

Read
ECOSYSTEMS
June 16, 2026

Bybit Hack: How the Lazarus Group Exploited DeFi Protocols to Launder $400M

Read
ECOSYSTEMS
June 16, 2026

Game Theoretic Liquidity Provisioning in Concentrated Liquidity Market Makers

Read
ECOSYSTEMS
June 16, 2026

Algorithmic Techniques for Utility Improvement Across the Blockchain Stack

Read

Finance is moving onchain. Allium is the system of record it runs on.

Explore terminal
Talk to us now
Decorative
Finance is moving onchain. Allium is the foundation it runs on.