What we learned from the first 90 days of $DRAKE.
Three things surprised us. Funding rates were noisier than the model. The album-drop nudge worked. And the spread, not the stock, was the front page.
How we weight the catalog.
A walk through the index methodology behind every Person Stock. What goes in, what stays out, why streams matter for a musician but not for a politician, and how we publish weights monthly.
Why we won't list health markets.
We get asked once a week. The answer is no, will remain no, and the reasoning is worth writing down. A short post on where we draw the line, and why the line moves toward the subject, not away.
The funding curve, in three pictures.
Pool-backed perpetual funding for a long-tail catalog of underliers is not a solved problem. Here is the curve we shipped, the alternative curves we tested, and the failure modes we are still watching for.
Modi week: a postmortem.
Election week was our highest-volume seven days. Some things broke. Some things worked. Here is the readout, including the funding-rate spike we did not anticipate.
We are an exchange, not a feed.
On the difference between a market that prices the world and a product that just shows you what is trending. Why we build the boring parts first.
SUBSCRIBE
One mail when a new piece is published. No marketing, no drip campaign.
ALSO AVAILABLE AS RSS · /JOURNAL/FEED.XML