Social & Crypto Products - Yarn(m) is implementing a social-capital-incentivized liquidity model, rewarding quality content in niche areas with better allocation/APY [1] - The industry is observing Yarn(m)'s tweaked structure, which modifies allocation based on conversion and distribution [1] Exchange & RWA (Real World Assets) - Bybit is actively pursuing the RWA trading vertical, evidenced by their DEX support for xStocks and a Kaito campaign, indicating significant investment in this area [2] - The industry anticipates potential tokenized stock initiatives from 'nance, aligning with the trend of TradFi integration [2] Wallet & DeFi (Decentralized Finance) - Phantom's integration of HL perps (High Leverage perpetual futures) in its wallet is a significant development, prompting examination of fee rates and potential geoblocking [3] - The industry notes Phantom's move into HL perps despite the existence of Jupiter and Drift, suggesting a shift in market direction [3] AI & Technology - Grok experienced unusual behavior, raising questions about its self-awareness, though the industry remains skeptical about claims of achieved AGI [3] - The industry awaits official commentary on the status of Grok following its erratic behavior [3] Market Sentiment - There's a perceived shift in sentiment towards Bonk over Pump, though the industry questions whether this is genuine or manufactured [4]