Financial Metrics - Solana (SOL) treasury stocks are trading at a 387% premium to net asset value (NAV) [1] - Validators are earning 686% [1] Market Dynamics - A foundation is selling Solana (SOL) at a 15% discount [1] - Expecting ETF approval in September [1] Arbitrage Opportunity - The arbitrage opportunity is highly profitable [1]

RT Tyler Tarsi (@ttarsi_)perps 101perps are 90%+ of crypto volume today, they run the market. critical to understand, but most people working in crypto don't actually understand how they work.did a few sessions this week internally breaking them down. here's the tldr - not a guide, just my stream of consciousness notes.start with order books - they're universal, not specific to perps. bids = buy orders, asks = sell orders. difference between best ask and best bid is the "spread"there is no true singular "pr ...

japanese corporate yen-to-btc arbitrage better be part of every treasury manager watching metaplanet print 498% ytd for 2025. it needs to be the only trade for everyone because borrowing at 0.5% to buy an asset appreciating 80% annually in yen terms is free money. ...

Trading Strategy Analysis - The document discusses arbitrage between Binance and HypeXpl, focusing on price premiums [1] - It raises a question about calculating profits when a malicious actor takes a long position on Binance at 1.2 ADL and profits significantly [1] Risk Considerations - The scenario involves a "malicious actor," suggesting potential market manipulation or unethical trading practices [1] - The question implies a need to understand how to quantify profits in potentially illicit or high-risk arbitrage situations [1]

DIEM ARBITRAGE: tokens trading 3x daily utility capturing perpetual compute vs subscription premium. ...

btcs is so mispriced and no longer hiding behind liquidity excuses. by trading at 0.71x nav with $316m eth holdings against a $231m market cap, and launching eth dividends plus mev infrastructure, they're signalling that the market completely forgot how to value treasury companies. this is deliberate blindness to $91m sitting on the table that bitmine or sharplink will eventually grab through acquisition. once that happens, the discount vanishes overnight. make no mistake: this isn't about operational excel ...

3 things you should be doing rn if you haven't "made it" yet and you're still here:1) HyperliquidIf you're not doing anything on core (perps lmao) or the EVM, you probably hate money and are also probably not going to make it. It was *the single best* airdrop farm EVER...and a good chunk of CT missed it...and for some reason still haven't bridged.There is TONS of money on HL and it's rapidly eating CEX marketshare. Project X probably retires ppl w/ its airdrop...and they're going to flip Aerodrome on daily ...

GameFi Opportunity - A player turned $40 into $1850 on Abstract through Proof of Play Arcade, showcasing a skill-based arbitrage opportunity [1] - The game features a progressive prize pool for top leaderboard finishers, updated every 10 minutes and stored in ETH [1] - The initial prize pool was seeded with 2 ETH, with 10% of incoming revenue allocated to it, reaching almost $11,000 for the top 100 finishers [1] Arbitrage Mechanics - Winning in the game allows players to multiply their initial investment based on their score [2] - A single run with 90 credits (approximately $40) can yield a 13x return if the player maintains the top spot [2] - The cumulative leaderboard distributes 75% of the prize pool, offering additional rewards based on multiplied scores [2] - One player's 307 million score with a 90x multiplier resulted in approximately 28 billion points, securing the top spot on the cumulative leaderboard and an additional $1300 [2] Strategy and Advantages - The key is to determine the optimal scoring strategy for the Arcade to maximize rewards relative to the credits spent [3] - Players can either develop tactics or brute-force their way to impressive runs [3] - Participating in the game also earns players XP, creating a double-dip reward system [3] - Skill-based prizes are presented as a more reliable alternative to investing in speculative assets [3]

Definition of Digital Asset Treasuries - Digital asset treasuries are public companies focused on accumulating Bitcoin, Ethereum, or other digital assets [1] - These companies arbitrage the price difference between their market cap and the value of their digital asset holdings [1][2] Funding Mechanisms - They raise capital through at-the-market offerings, debt issuance, or convertible bonds [1] - The raised capital is used to acquire more digital assets [1][2] Market Dynamics - These companies often trade at a net asset value (NAV) premium, meaning their market cap exceeds the value of their balance sheet [2] - They can issue more shares at a higher price due to the premium, further accumulating assets [2] Goal - The ultimate goal is to increase the amount of ETH or Bitcoin per share [2]

Game Mechanics & Incentives - Proof of Play Arcade introduces a progressive prize pool for top leaderboard finishers, updated every 10 minutes and stored in ETH [1] - The initial prize pool was seeded with 2 ETH, with 10% of incoming revenue allocated to the pool weekly [1] - Approximately $11,000 worth of prizes are available for the top 100 finishers on both leaderboards [1] Arbitrage Opportunity - A player (Joaquin) achieved a 13x return on a single 90-credit run with a score of 307 million points [2] - The cumulative leaderboard allocates 75% of the prize pool, while single runs receive 25% [2] - Joaquin's 90x multiplier from the 90-credit run resulted in approximately 28 billion points, securing the top spot on the cumulative leaderboard and an additional $1,300 [2] - The strategy involves optimizing scoring in Arcade and using credits to multiply scores for rewards exceeding the initial investment [3] Additional Benefits - Players earn XP while participating in this arbitrage opportunity [3] - Skill-based prizes are presented as a more reliable alternative to speculative investments [3]