Crypto is not just a short-term profit and loss story. Anyone who has been in the crypto market long enough understands: insight is more important than signals, and good research helps prevent falling into FOMO.

If you are:
> Want to understand where the money is going
> Want to grasp the narrative before it becomes a trend
> Or simply want to trade with more basis, not emotionally

Then below are 20 crypto research papers used by hardcore retail to large organizations; reading the research from these entities makes a noticeable difference.

Delphi Digital

Institutional-grade research, specializing in sector analysis, tokenomics, economic models, and market structure. Very strong in shaping narratives early and evaluating large ecosystems in the long term.

Messari

Research + data platform, providing reports, dashboards, and very strong market information.

Blockworks Research
Analysis of protocols, tokenomics, governance mechanisms, and on-chain markets.

BitMEX Research
Deep dive into Bitcoin, derivatives, funding, and significant market-impacting events.

Blocmates

Combining research and crypto education, explaining complex concepts in an understandable way. Suitable for both newcomers and seasoned market participants.

Four Pillars

Research in the form of investment thesis, focusing on macro, market cycles, and cash flows. A long-term perspective, suitable for building capital allocation strategies.

Bravos Research

Combining macro analysis and technical analysis to generate swing trade ideas in crypto, stocks, and commodities.

Kaiko
Institutional-grade crypto data source: prices, order books, liquidity, inflows/outflows.

Chainalysis
Blockchain analysis to trace cash flows for legal and on-chain investigations.

Galaxy Research
Institutional-level research on the market, blockchain networks, regulation, and industry trends.

OAK Research
Market intelligence surrounding the ecosystem and narratives.

Reflexivity Research
Focusing on cash flow, market positioning, and actionable insights.

Binance Research
Industry sector reports and project analysis within the Binance ecosystem, extremely high quality reading.

Alea Research
DeFi research from an institutional perspective, specializing in mapping trends.

Chorus One
Research on PoS (Proof of Stake), staking, and economic design.

Kairos Research
Independent research, long-form reporting, with clear argumentation.

Cryptonary
Investor-friendly research, combining tools + education.

Memento Research
Research combining consulting for projects and the crypto ecosystem.

DL Research
The research branch of DeFiLlama, specializing in market information and tailored reporting.

Tiger Research
Web3 research focusing on the Asian market, along with market entry strategy consulting.

#research