Crypto Protocols Struggle with Transparency and Investor Relations

Despite the widespread availability of data on cryptocurrency protocols, many institutions struggle to access relevant information due to a lack of standardized disclosure practices.

A recent study examined the transparency and investor relations of 150 top crypto protocols, finding that while 91% generate revenue, only 8% publish investor reports. Furthermore, fewer than 1% disclose market maker terms, which are standard components of traditional stock market disclosures.

The data is available on-chain and through third-party platforms, but the protocols fail to package it in a format accessible to institutional investors. This 'transparency paradox' highlights the challenges faced by investors seeking reliable information about these complex assets.