How to uncover the latest trends in Web3? Web3Caff Research will carefully select the latest publicly disclosed Web3 funding projects for you, and provide analysis and commentary. See beyond the surface—follow us now to sniff out market trends.
Author: Shirley Li , Researcher at Web3Caff Research
Cover: Typography by Web3Caff Research
Word count: Approximately 2600+ words in total
According to official disclosures, on December 17, the blockchain futures platform ETH Gas completed a $12 million funding round led by Polychain Capital, with investors including ETH investors such as Stake Capital, BlueYard Capital, SIG DT, and Amber Group.
On December 6th of this year, Vitalik Buterin posted an update on the X platform, proposing the possibility of building a sound, trustless on-chain gas futures market on the Ethereum network, hoping to provide a hedging and predictable adjustment mechanism for gas fees from a long-term perspective.
Vitalik Buterin also explained the underlying reason for this idea: Gas costs are inherently highly uncertain, and it is currently difficult for users and applications on Ethereum to predict future trends in gas fees. Therefore, Vitalik Buterin proposed the idea of building a gas futures market to hedge against gas volatility risk.
However, as discussed in the comments section of the tweet, there are still some practical challenges to consider before turning this idea into reality:
First, whether it's ordinary users, application developers, or Layer 2 networks, almost all consumers in the market want gas fees to be as low as possible; in other words, they are all natural " bears ." So, in such a market, who is willing to play the role of the " bulls "? This directly relates to whether an effective opposing force can be formed.

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- Exclusive community for institutions (collaborating with Web3 executives, institutions, funds, etc. for collaborative research and improvement)
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- Our market trend insights and financing project analysis columns (updated 2-4 times per week, easily capturing market hotspots and popular financing projects)
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- Unlock the historical content of sections with member privileges.
- Web3 Project Financing Database
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- Daily internal news push
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- Right to propose research topics
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- Automatically enjoy the referral incentive program policy
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- Access to research reports in advance (unlimited access; upon request, reports can be unlocked ahead of the market after the official release of a research report preview).
- Institutional-level closed-door communication meetings (once per quarter, to obtain first-hand information and resources on industry trends).
- Analyst 1-on-1 communication (customized as needed, topics subject to approval)
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- Browse the analyst Q&A summary section (a curated selection of high-value, insightful content).
- Exclusive community for institutions (for collaborative research and improvement with Web3 executives, institutions, funds, etc.)
- Database product CSV download (partial/full download available upon request based on customized needs)
- Research Reports section (all project, narrative, and sector-specific research reports, updated weekly, covering 80+ sectors and millions of words of exclusive, top-tier, hard-core content; user reviews say "I wish I'd discovered this sooner")
- Our market trend insights and financing project analysis columns (updated 2-4 times per week, easily capturing market hotspots and popular financing projects)
- Member Weekly Report (Effective Absorption of Weekly Highlights)
- Unlock the historical content of sections with member privileges.
- Web3 Project Financing Database
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- Web3 Terminology Database (Supports floating definitions for terms within reports)
- Daily internal news push
- Daily Featured Push
- Infographic push notifications (popular data, featured images, etc.)
- Right to propose research topics
- Includes a complimentary exclusive benefits package worth over ¥9000.
- Automatically enjoy the referral incentive program policy





