Q1 2025 was a volatile quarter with many ups and downs. By sourcing onchain data, Coinbase's CEX volume data, and relying on a few assumptions we attempt to project Coinbase's Q1 2025 revenue numbers. Our insight brings us to an emerging trend that is a direct input to one of the largest drivers of quarterly net revenues for the company.
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Sunny was previously a TradFi Research Analyst at a long-only hedge fund. He is now an Enterprise Research Analyst at Messari focusing on consumer, DeFi, and all things cool.
Sunny was previously a TradFi Research Analyst at a long-only hedge fund. He is now an Enterprise Research Analyst at Messari focusing on consumer, DeFi, and all things cool.