Emerging narratives and funding rounds
Where top funds put money before the news talks about it, and how to read rounds and funds.
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The idea
New narratives often show up in funding rounds before anyone writes about them: several top funds back projects in the same category while the news is still quiet. The radar reads four things per category — rounds from top funds, attention (our news and general interest), money (its coins against the market and the value locked in its protocols) and token sales open or coming — and says what it sees in one sentence. It says what is happening; it never tells you what to buy.
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Emerging
Under Narratives → Emerging, the conclusion comes first: one line per narrative being born. Then the radar: the closer a dot is to the centre, the more that category is emerging; its size is its rounds. Each card says who is putting money in, the projects to watch, the token sales, four bars for the four signals and twelve weeks of rounds against news. Emerging means enough rounds with top funds, growing, and little news; Worth watching, top-fund rounds without every condition; Already in the news, plenty of rounds and plenty of talk.
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Funding rounds
Every round we know of: project, round, amount, narrative and investors, the lead first and top funds outlined. Filter by narrative, round, amount, fund and time; the filters stay in the address, so you can share a view. Biggest rounds, 30 days sits on top. A round known only by its month is dated the day it became known.
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Funds
Most active funds, last 30 days, then every top fund with its score from 0 to 100: how many rounds it joins and leads and, when its projects already trade, how they did since the round. A fund's page shows the narratives it backs, who it often invests with and its rounds. Bubbles also link here: open a bubble and its funding block lists rounds, funds, projects and sales.
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Alerts and terminal
In Alerts → New, the Narratives group has New emerging narrative (any, or one you pick) and Big round in a category (from the amount you choose). On your terminal, add Emerging narratives and Biggest funding rounds from Customize, under Narratives.
Last updated Nov 9, 2026