zama's fhe auction opens at $55m floor valuation. that's 5.5% of their $1b private round. figment securing $17b for institutions, layerzero, openzeppelin all running validator nodes. they're not backing broken infrastructure. 10% supply instant unlock january 20, no vesting. sealed bids using their own encryption tech for price discovery. multicoin and pantera need 18x just to breakeven on their investment ...

https://t.co/KKG3CDQNLV extracted $500 per user from 20,000 paying customers before even launching $fun token. base's top revenue app at $10m proves consumer crypto works when you build product first, token second. 3x oversubscribed at $60m fdv is 6x revenue multiple. every other base consumer app launching tokens will copy this playbook. ...

arbitrum generates $50m annual revenue at 97.8% margins, holds $200m non-arb treasury assets, processes $17b tvl. arb token gets zero percent of this. no revenue share, no staking yield, nothing. just governance voting that 0.01% of holders care about. protocol prints money, token bleeds forever ...

solstice built the only solana stablecoin with real custody infrastructure. usx integrated with blockfort, the swiss platform on fireblocks rails that blackrock and mastercard use. one of only 25 assets they support. $327m tvl growing $2-3m daily, slx token sale tomorrow at $130m fdv. every other solana stable is retail sandbox. this one has the pipes that let corporate treasuries actually hold it. ...

Key Highlights - ADI chain processes $18 Billion annually in UAE Dirham settlements, demonstrating zkSync Elastic's suitability for regulated finance [1] - First production deployment secured with central bank approval and participation from 50 entities, including BlackRock and Mastercard [1] Strategic Implications - The core value proposition is not limited to the $ADI token capturing gas fees from a single chain [1] - zkSync infrastructure aims to capture value from multiple jurisdictional chains [1] - Singapore, Switzerland, and Delaware require compliant execution layers, positioning zkSync Elastic as a potential foundational infrastructure [1]

ETF Filing & Structure - Bitwise filed for a Hyperliquid ETF with ticker BHYP and a fee of 67 basis points [1] - This ETF represents the first perpetuals decentralized exchange (perps DEX) being packaged for traditional finance (TradFi) [1] Hyperliquid Protocol Performance - Hyperliquid generated $650 million in revenue this year, with 99% allocated to buybacks [1] - The protocol has $308 billion in volume without direct DEX interaction [1] Tokenomics & Market Sentiment - Team unlocks involve 10 million tokens monthly, but ETF inflows could potentially absorb months of selling pressure [1] - Cantor Fitzgerald published overweight research in the same week as the filing [1] Institutional Interest - Wall Street is seeking exposure to Hyperliquid's protocol [1]

xeet icos december 23 after kaito burned trust with 4 of 6 launchpad tokens dumping below ido and their cysic airdrop creating allocation riots. xeet already runs $1m in active prize pools and deployed ai spam slashing december 15 forcing kaito to scramble and copy. infofi platforms extract fees from projects desperate for attention routing. kaito at $560m fdv with 76% supply locked. xeet enters at the perfect moment when the leader stumbles and wallchain hasn't launched yet ...

virtuals protocol generated $75m fees this year and trades at $465m market cap after dumping 62% from $1.89 to $0.71. butler processed $374m in tasks, acp hit $100m agdp, 1 million erc-8004 agents registered. protocol extracting real cash from agent transactions and market treats it like another dead ai narrative. revenue doesn't stop when token price crashes. ...

Crypto Lending & Liquidity - JPMorgan is accepting Bitcoin and Ethereum as loan collateral [1] - Loan-to-Value (LTV) ratio is set at 40-50% [1] - This unlocks $800 billion - $1 trillion liquidity without selling crypto assets [1] - Institutions can borrow at 6-8% interest rates against their crypto holdings [1] - Borrowing allows institutions to deploy capital elsewhere without triggering taxable events [1] Competitive Landscape - Goldman Sachs and Morgan Stanley are expected to announce competing programs within 6 months [1] - Major banks may be forced to follow suit to remain competitive [1]

tether pulled $10b in dividends this year holding $13b gold and $10b bitcoin as reserves. s&p just downgraded usdt to weak rating. arthur hayes calculated 30% drop in their gold and bitcoin wipes out all equity. $184b usdt supply backed by a company extracting maximum cash before the music stops ...