NLH · Crypto Research
No Limit Holdings — Research
Three independent research write-ups. Each piece stands alone — its own thesis, valuation work, charts and sources.
Real institutional credit business trading at distressed-token prices; the new MIP-021 buyback makes the token more investable, but liquidity and value-accrual are still thin.
Read the Maple Finance (SYRUP) research →
Best-in-class crypto revenue engine with ~97–99% fee-to-buyback mechanics; however FDV is large, unlocks run through 2027–2028, and July price action is weak.
Read the Hyperliquid (HYPE) research →
Distressed token at ~$106M FDV after a 99% drawdown: real new-management fintech pivot toward stablecoin settlement in emerging markets, but thin on-chain usage, a large unlock overhang and an active bankruptcy shadow.
Read the Movement (MOVE) research →