Trading Strategy Evolution - The trader's initial stance against leverage has shifted, now exploring perpetual futures (perps) [1] - The trader is actively seeking a decentralized exchange (DEX) to short a specific cryptocurrency [1] Risk Assessment - The trader acknowledges the potential risk of being "drained" (losing funds) when using a less established DEX [1] Cryptocurrency Market - The trader is targeting a cryptocurrency that is not widely available for shorting on major DEXs [1] - The trader is considering using a DEX ranked 73rd by perpetual futures volume on CoinGecko [1]

"im convinced that none of the L2s are pro ethereum. if given a chance in future, they will pivot to an L1 and we will see base doing so as well."Unless your structural advantage is derived explicitly from not being an L1 (i.e. having a validator set with consensus).It's counter-intuitive, but the least "aligned" chains (i.e. validiums/optimiums) by current metrics are very likely the most ride-or-die so long as Ethereum maintains its core ideology (decentralization).If Ethereum gives in to performance to t ...

RT Cheeezzyyyy (@0xCheeezzyyyy)Had some thoughts on @Lombard_Finance’s recent partnership with @megaeth_labs as their primary BTC partner.This is pretty yuge, like yugeee if you really think about it.First, on MegaETH's trajectory:Unlike most ecosystems, MegaETH is building for mainstream adoption beyond the DeFi-native crowd.With @0xMegaMafia’s cohort of apps, it sets the ecosystem on a differentiated path carving an addressable market + audience incumbents haven’t touched.That’s how category leaders emerg ...

*Ethena has entered the chat*Choose your (revshare) champion. https://t.co/8B5QnD8qCvEthena Foundation (@EthenaFndtn):The Ethena Foundation can confirm that the fee switch parameters set by the Risk Committee have now been met and the ENA fee switch is expected to be activated following Ethena Risk Committee sign off on the implementation details and further governance processThe Ethena Risk ...

Market Dynamics - MegaETH is expected to unlock new application use cases for ETH, expanding its utility [1] - Currently, Solana dominates the ecosystem, offering arguably more decentralization and definitely more performance [1] - The launch of MegaETH could lead to a market dominated by ETH and MegaETH, potentially overshadowing other chains [1] Potential Impact on Ethereum - Ansem questions whether the launch of MegaETH will be bullish or bearish for Ethereum's price [1]

Pump hits $8B FDV https://t.co/uvOGBN0d0G ...

RT ATARI 🤙 (@atari_god)This post was much overdue expressing my gratitude to the @modernmarket_ fam.This is gonna be a long post…I have been in this space since 2017 and listened to so many different spaces and KOLs. I’ve been fortunate enough to meet some incredible people along the way and one of my best friends in this space @metabloxx turned me onto this show.Without throwing too much shade 99% of the spaces and shows are garbage.The first time I tuned in , listening to @BCheque1 @legendarygainz_ _and @ ...

Update: still off.With PUMP activity spike the 7d/30d fees have both flipped HYPE, while being at:▸ 17% the Mcap▸ 14% the FDV https://t.co/vntHnA3wDPBREAD | ∑: (@0xBreadguy):PUMP:HYPE ratio feels offNotes:→ PUMP fee durability is a question→ Growth multiples are obv different→ PUMP is getting a lot of activity on the back of creator payouts right now (Ascend) https://t.co/RPMwMY5mzK ...

New rule:I must block at least 1 bot for every post.I will implement an EIP-1559-style mechanism, where if I receive >50% AI replies then the block amount increases by 2x the next post.If below 50%, then block requirement decreases. ...

I've decided to bag-up $HYPD when markets open Monday.Thesis is simple: it's a tradfi cabal stock play on $HYPETLDR→ The CIO which pitched the HYPE DATco strat was promoted to CEO on Tue→ @fiege_max, who just won the USDH bid with Native Markets, is a strategic advisor→ It's still just below/at mNAV after catching up from a 50% discount the last ~week→ Hyperion is positioning as a validator and has been farming Kinetiq+ for awhile (promising to pass on value to stock holders)→ Tom Lee just retweeted HYPD+SO ...