Blockworks Research

Blockworks Research is an account-based subscription workspace that puts analyst research beside on-chain and financial dashboards and a proposal-tracking layer. It is built for a reader who wants to move between a research note, a metric view and governance activity, rather than only browse a dated report feed.

Research, analytics and governance are distinct working surfaces

The membership offering describes long-form reports, higher-frequency Flashnotes, selected valuation models and asset profiles, plus analyst calls and analyst access. Blockworks also describes protocol coverage across infrastructure, DeFi, consumer applications, DePIN, data, real-world assets and AI; that is a stated focus, not a promise that every protocol or event will be covered.

Its Analytics surface is described as aggregating on-chain data into profitability analysis, financial metrics, network-health comparisons and new-token-launch dashboards. Governance is a separate workflow: GovHub follows proposals from forum ideation through implementation and adds summaries and protocol-specific researcher analysis after proposals appear. A governance summary is not the proposal itself, so the original forum record and its current status still matter.

Membership is a seat-based account arrangement

The homepage lists quarterly and annual per-seat offers and separate sign-in and sign-up paths. It also states that a membership is not shareable, with organizations directed to contact the provider for additional access. Price, tax, billing, eligibility and included features can change, so the current checkout and applicable terms control a purchase decision.

Membership is described as including research, analytics, governance, analyst calls, client-only Telegram channels, beta testing and selected event benefits. That list does not establish that every report, dashboard, call or community surface is available to every account at all times, nor does it grant a right to redistribute member content.

Cancellation and research limits need separate checks

The FAQ directs cancellation requests to research support and says cancellation takes effect at the end of the current billing period. The available FAQ text does not by itself establish a refund policy, trial, renewal treatment, enterprise terms or a complete entitlement matrix; those details should be confirmed before subscribing.

A report, valuation model, proposal commentary and dashboard number serve different evidentiary roles from an official protocol document or a current market quote. Before relying on one, check its publication date, cited material, metric definition, data window and assumptions, and whether a proposal has changed since the analysis. The public product pages do not establish a complete methodology, correction, conflict-management, revision or data-retention policy.

A dashboard-and-proposal workflow beside Delphi's report portal

Delphi Digital is the close comparison when the starting point is a member-facing stream of authored reports and releases, daily briefing material and a sector-performance dashboard. Blockworks is the more natural fit when the stated work requires a bundled workspace that also foregrounds analytics dashboards and governance-proposal tracking.

The disclosed access details differ as well: Blockworks publicly displayed per-seat quarterly and annual offers on its public pages, while the Delphi pricing route previously reviewed did not provide a current public pricing or access matrix. That is a disclosure difference, not a claim about value, research accuracy, coverage, independence or investment outcomes.