There’s a clear pattern showing up in the top stablecoin yield opportunities on @StablewatchHQ. Once you filter for $10M+ in TVL, this is what you get ↓ @UnitasLabs $sUSDu – 15.72% APY Yield comes from a basket of market-neutral strategies, including funding-rate capture, lending, trading fee accrual, and JLP yield capture. @Main_St_Finance $msY – 12% APY Yield comes from a delta-neutral CME options strategy, with part of the yield directed to an insurance fund. @noon_capital $sUSN – 10.76% APY Yield comes from capital deployed across delta-neutral strategies and RWA-backed assets. @PikuFinance $USP – 10.09% APY Yield comes from USD stables being deployed into DeFi strategies and yield-generating onchain/offchain assets. @gaib_ai $sAID – 9.37% APY Yield comes from RWA exposure tied to treasuries and AI infrastructure financing, backed by borrower interest payments. @avantprotocol $savUSD – 7.83% APY Yield comes from avUSD reserves being deployed across chains and protocols through managed strategies. @infiniFi $siUSD – 7.63% APY Yield comes from various onchain DeFi operations. @YuzuMoneyX $syzUSD – 7.50% APY Yield comes from yzUSD being deployed into onchain DeFi strategies, with protection layers mentioned by Stablewatch. @USDai_Official $sUSDai – 6.92% APY Yield comes from treasuries and AI infrastructure financing, with borrower interest payments feeding the strategy. @Neutrl $sNUSD – 6.13% APY Yield comes from liquid crypto-native stablecoins, yield-bearing assets, delta-neutral strategies, and hedged OTC positions.

Name & Symbol: Allo ($RWA)
Address: 0x9c8b5ca345247396bdfac0395638ca9045c6586e

I already talked about @realfi_co’s 2-token structure. Now, with the Cardano testnet release, you can also see the reserves dashboard and exactly what’s backing USDr (the RWA composition). The current mix they’ve targeted: • 40% private credit • 25% bonds • 22.5% treasuries • 12.5% CLOs It’s a very high level of transparency. You can see exactly where the return comes from and the strategy behind it. Reminder: the first season (Pioneer) has just kicked off; this is as early as it gets. I’ll be diving more deeply into the project’s fundamentals soon, so keep an eye out.

Name & Symbol: Allo ($RWA)
Address: 0x9c8b5ca345247396bdfac0395638ca9045c6586e

Robinhood chain has a 40% fail rate. Essentially, almost half of all transactions on the Robinhood chain don't execute successfully. "Best chain for RWA" https://t.co/CCgU4BCvsQ

Name & Symbol: Allo ($RWA)
Address: 0x9c8b5ca345247396bdfac0395638ca9045c6586e

I wanted to understand why Solana spot volume has been growing, and honestly, the answer was not what I expected. The obvious assumption is memecoins, because that’s been the main Solana narrative for idk how long now? Like 4 years? But anyways, the bigger story here is that a lot of the recent volume is actually coming from tokenized assets. Tokenized asset spot volume on Solana grew from ~$2.69B in Q1 to ~$5.7B in Q2, which was a new quarterly ATH. And @Solana captured 97% of cumulative onchain tokenized equities spot volume in May, while its broader RWA ecosystem hit $2.8B+ and crossed 230K onchain RWA holders. On top of that, June made it even clearer. During the week of June 15–21, Solana processed ~95% of global tokenized stock volume, and daily tokenized equity trading later hit a $644M record. Funny enough, at one point, tokenized equities even passed memecoins as a share of Solana spot volume. This is probably the most refreshing Solana volume story in a while IMO because there’s actual retail-style trading happening around assets people already understand, like stocks and ETFs, but on faster crypto rails. IMO, memecoins aren’t going away because they’re still a huge part of Solana. But I think the more interesting shift is that Solana is starting to look more like a general-purpose spot market for crypto, RWAs, stablecoins, and tokenized equities. Also, I noticed some Solana prediction markets have been popping up lately, so I might do a post on that next and see how that impacts this.

Name & Symbol: Allo ($RWA)
Address: 0x9c8b5ca345247396bdfac0395638ca9045c6586e

The total RWA market cap is around ~$28.3B on @DefiLlama, but only about ~$3.23B is active in DeFi. That means only ~11% of onchain RWA value is actually being used inside DeFi right now. So IMO, the current state of RWA is pretty clear: the market has already proven that real-world assets can be brought onchain, but tokenizing an asset is not the same thing as making it useful for DeFi strategies. You can see this in the numbers too. Some of the biggest RWA products have billions in onchain market cap, but very little DeFi utilization, and to me that means that the next phase is going to be different. Especially now that tokenized corporate credit and tokenized private equity have both crossed $1B in distributed value. So I'm wondering whether they become active financial primitives, or just tokenized wrappers people just hold onchain.

Name & Symbol: Allo ($RWA)
Address: 0x9c8b5ca345247396bdfac0395638ca9045c6586e

Teams that are still hiring: Part II • @monad | DeFi growth, BD, financial institutions, tokenization, ecosystem, regional leadership • @megaeth | Legal, counsel, protocol, eng, ecosystem • @eigenlabs | Eng, AI, fullstack, general apps • @Offchain | Backend, Rust eng, security, finance, accounting, SRE • @OPLabsPBC | AI eng, blockchain solutions, enterprise sales, partnerships, marketing, product, ops • @0xPolygon | Security, product marketing, finance, ops, business, corporate, tech • @stablewatchHQ | Data engineering • @AptosLabs | Eng, security, community, BD, ecosystem • @SolanaFndn | BD, ecosystem eng, legal, product, tech • @ethena_labs | DeFi security eng, credit/loan, general apps • @Morpho | Protocol eng, backend/fullstack, infra, security, GTM, institutions, account management • @aave | Capital markets growth, solutions eng, cybersecurity, quant strategy, design eng, smart contracts • @gauntlet_xyz | Risk, infra eng, security, accounting, recruiting, capital markets • @worldnetwork | Product, legal, device eng, ops, security, marketing, crypto platform eng

Name & Symbol: Morpho Token ($MORPHO)
Address: 0x58d97b57bb95320f9a05dc918aef65434969c2b2

I got a watchlist for July protocols that may or may not be worth farming ↓ 1️⃣ Worth farming @USDai_Official | One of the cleaner July farms. Flatiron is still active and the rewards loop is tied to real USDai/sUSDai, CHIP, liquidity, lending, and Pendle activity. @Kinetiq_xyz | Still worth it if you're already in Hyperliquid/HYPE. kPoints Season 2 is active, but this isn't an early farm anymore since KNTQ already launched. @HypertradeX | More interesting than generic Hyperliquid farming. Stage 1 points are live and tied to real HyperEVM swaps, liquidity, referrals, and HYPE rewards. @ethena | Still worth farming for bigger wallets using USDe/sUSDe/ENA strategies, especially if the yield side already makes sense without the airdrop. 2️⃣ Maybe worth farming @AbstractChain | Good low-cost speculative farm. XP/badge activity is easy to build without forcing huge volume, but there's still no confirmed token or airdrop. @trylimitless | Interesting prediction market farm with less obvious airdrop farm energy than Polymarket, especially if you already like trading these markets. @MetaMask | Worth using naturally. Rewards are back, but I wouldn't force volume here since everyone is watching this one. @base | Worth touching through real ecosystem activity, but still speculative since there's no confirmed Base airdrop yet. @HyperliquidX | Still huge, but the main HYPE airdrop already happened. The better angle is probably ecosystem apps rather than farming the core app. 3️⃣ Possibly not worth farming / too crowded @Polymarket | Great product, but probably a bad late farm. Extremely crowded and there's still no officially announced token or TGE. @monad | Mostly too late for the main MON farming angle. July activity should focus on ecosystem apps instead. @megaeth | Main token angle already feels late since MEGA is live, but the ecosystem may still have smaller app-level opportunities. @Backpack | BP already launched, so it's not really a fresh airdrop farm unless they announce a new season. @Lighter_xyz | Strong product, but less attractive as a July farm since LIT already launched and the major points-to-token phase is no longer early. @irys_xyz | Mostly late for the main airdrop angle. I'd only watch it for new ecosystem incentives. @MitosisOrg | Not a great fresh farm now unless a new round/season is clearly announced. @SuccinctLabs | Better as an ecosystem/infra watchlist name than a fresh July airdrop farm. @Plasma | XPL is already live, so July is more about usage, incentives, and unlocks than farming a fresh drop.

Name & Symbol: Plasma ($XPL)
Address: 0x405fbc9004d857903bfd6b3357792d71a50726b0

I got a watchlist for July protocols that may or may not be worth farming ↓ 1️⃣ Worth farming @USDai_Official | One of the cleaner July farms. Flatiron is still active and the rewards loop is tied to real USDai/sUSDai, CHIP, liquidity, lending, and Pendle activity. @Kinetiq_xyz | Still worth it if you're already in Hyperliquid/HYPE. kPoints Season 2 is active, but this isn't an early farm anymore since KNTQ already launched. @HypertradeX | More interesting than generic Hyperliquid farming. Stage 1 points are live and tied to real HyperEVM swaps, liquidity, referrals, and HYPE rewards. @ethena | Still worth farming for bigger wallets using USDe/sUSDe/ENA strategies, especially if the yield side already makes sense without the airdrop. 2️⃣ Maybe worth farming @AbstractChain | Good low-cost speculative farm. XP/badge activity is easy to build without forcing huge volume, but there's still no confirmed token or airdrop. @trylimitless | Interesting prediction market farm with less obvious airdrop farm energy than Polymarket, especially if you already like trading these markets. @MetaMask | Worth using naturally. Rewards are back, but I wouldn't force volume here since everyone is watching this one. @base | Worth touching through real ecosystem activity, but still speculative since there's no confirmed Base airdrop yet. @HyperliquidX | Still huge, but the main HYPE airdrop already happened. The better angle is probably ecosystem apps rather than farming the core app. 3️⃣ Possibly not worth farming / too crowded @Polymarket | Great product, but probably a bad late farm. Extremely crowded and there's still no officially announced token or TGE. @monad | Mostly too late for the main MON farming angle. July activity should focus on ecosystem apps instead. @megaeth | Main token angle already feels late since MEGA is live, but the ecosystem may still have smaller app-level opportunities. @Backpack | BP already launched, so it's not really a fresh airdrop farm unless they announce a new season. @Lighter_xyz | Strong product, but less attractive as a July farm since LIT already launched and the major points-to-token phase is no longer early. @irys_xyz | Mostly late for the main airdrop angle. I'd only watch it for new ecosystem incentives. @MitosisOrg | Not a great fresh farm now unless a new round/season is clearly announced. @SuccinctLabs | Better as an ecosystem/infra watchlist name than a fresh July airdrop farm. @Plasma | XPL is already live, so July is more about usage, incentives, and unlocks than farming a fresh drop.

Name & Symbol: Irys ($IRYS)
Address: 0x91152b4ef635403efbae860edd0f8c321d7c035d

I got a watchlist for July protocols that may or may not be worth farming ↓ 1️⃣ Worth farming @USDai_Official | One of the cleaner July farms. Flatiron is still active and the rewards loop is tied to real USDai/sUSDai, CHIP, liquidity, lending, and Pendle activity. @Kinetiq_xyz | Still worth it if you're already in Hyperliquid/HYPE. kPoints Season 2 is active, but this isn't an early farm anymore since KNTQ already launched. @HypertradeX | More interesting than generic Hyperliquid farming. Stage 1 points are live and tied to real HyperEVM swaps, liquidity, referrals, and HYPE rewards. @ethena | Still worth farming for bigger wallets using USDe/sUSDe/ENA strategies, especially if the yield side already makes sense without the airdrop. 2️⃣ Maybe worth farming @AbstractChain | Good low-cost speculative farm. XP/badge activity is easy to build without forcing huge volume, but there's still no confirmed token or airdrop. @trylimitless | Interesting prediction market farm with less obvious airdrop farm energy than Polymarket, especially if you already like trading these markets. @MetaMask | Worth using naturally. Rewards are back, but I wouldn't force volume here since everyone is watching this one. @base | Worth touching through real ecosystem activity, but still speculative since there's no confirmed Base airdrop yet. @HyperliquidX | Still huge, but the main HYPE airdrop already happened. The better angle is probably ecosystem apps rather than farming the core app. 3️⃣ Possibly not worth farming / too crowded @Polymarket | Great product, but probably a bad late farm. Extremely crowded and there's still no officially announced token or TGE. @monad | Mostly too late for the main MON farming angle. July activity should focus on ecosystem apps instead. @megaeth | Main token angle already feels late since MEGA is live, but the ecosystem may still have smaller app-level opportunities. @Backpack | BP already launched, so it's not really a fresh airdrop farm unless they announce a new season. @Lighter_xyz | Strong product, but less attractive as a July farm since LIT already launched and the major points-to-token phase is no longer early. @irys_xyz | Mostly late for the main airdrop angle. I'd only watch it for new ecosystem incentives. @MitosisOrg | Not a great fresh farm now unless a new round/season is clearly announced. @SuccinctLabs | Better as an ecosystem/infra watchlist name than a fresh July airdrop farm. @Plasma | XPL is already live, so July is more about usage, incentives, and unlocks than farming a fresh drop.

Name & Symbol: Mitosis ($MITO)
Address: 0x8e1e6bf7e13c400269987b65ab2b5724b016caef

I got a watchlist for July protocols that may or may not be worth farming ↓ 1️⃣ Worth farming @USDai_Official | One of the cleaner July farms. Flatiron is still active and the rewards loop is tied to real USDai/sUSDai, CHIP, liquidity, lending, and Pendle activity. @Kinetiq_xyz | Still worth it if you're already in Hyperliquid/HYPE. kPoints Season 2 is active, but this isn't an early farm anymore since KNTQ already launched. @HypertradeX | More interesting than generic Hyperliquid farming. Stage 1 points are live and tied to real HyperEVM swaps, liquidity, referrals, and HYPE rewards. @ethena | Still worth farming for bigger wallets using USDe/sUSDe/ENA strategies, especially if the yield side already makes sense without the airdrop. 2️⃣ Maybe worth farming @AbstractChain | Good low-cost speculative farm. XP/badge activity is easy to build without forcing huge volume, but there's still no confirmed token or airdrop. @trylimitless | Interesting prediction market farm with less obvious airdrop farm energy than Polymarket, especially if you already like trading these markets. @MetaMask | Worth using naturally. Rewards are back, but I wouldn't force volume here since everyone is watching this one. @base | Worth touching through real ecosystem activity, but still speculative since there's no confirmed Base airdrop yet. @HyperliquidX | Still huge, but the main HYPE airdrop already happened. The better angle is probably ecosystem apps rather than farming the core app. 3️⃣ Possibly not worth farming / too crowded @Polymarket | Great product, but probably a bad late farm. Extremely crowded and there's still no officially announced token or TGE. @monad | Mostly too late for the main MON farming angle. July activity should focus on ecosystem apps instead. @megaeth | Main token angle already feels late since MEGA is live, but the ecosystem may still have smaller app-level opportunities. @Backpack | BP already launched, so it's not really a fresh airdrop farm unless they announce a new season. @Lighter_xyz | Strong product, but less attractive as a July farm since LIT already launched and the major points-to-token phase is no longer early. @irys_xyz | Mostly late for the main airdrop angle. I'd only watch it for new ecosystem incentives. @MitosisOrg | Not a great fresh farm now unless a new round/season is clearly announced. @SuccinctLabs | Better as an ecosystem/infra watchlist name than a fresh July airdrop farm. @Plasma | XPL is already live, so July is more about usage, incentives, and unlocks than farming a fresh drop.

Name & Symbol: Plasma ($XPL)
Address: 0x405fbc9004d857903bfd6b3357792d71a50726b0

AI companies have already committed roughly ~$600M across publicly reported data/content access deals. What that means is that AI is only as good as the data it learns from, and if the training data is low-quality or outdated, the output is still going to suck. So that’s why you’re seeing so many big companies make deals around improving the data they get right now. Let's take a look at @Google’s @Reddit deal, which was reportedly around $60M/year. Sounds sorta crazy at first, but it makes sense when you think about what Reddit actually has: raw human conversation at a massive scale. Exactly the kind of data that is hard for an AI model to just learn on its own because it comes from real people talking naturally. Same thing with @OpenAI’s deal with @newscorp, reportedly worth over $250M over five years. That deal gives OpenAI access to a large amount of current and archived media content. They’re essentially paying for licensed, professionally produced information that can give AI systems better context and a better legal path for using that data inside their products. So the broader takeaway, at least to me, is that AI companies are no longer treating data as something they can just scrape from the open internet forever. And that is why the data layer is becoming such a big part of the AI stack because models and compute still matter (obviously), but access to rights-cleared data is becoming just as important. That said, this is the lens I’d use to look at the recent @psdnai x @toss__official partnership. ICYMI, TOSS is one of Korea’s biggest consumer fintech platforms, with more than 30M users in South Korea since launching in 2015. And the reason why this partnership makes sense to me is that Poseidon can bring its Numo app into a massive consumer ecosystem where users can contribute real-world data for AI training, starting with voice/audio tasks, and get paid for what they contribute. That part is what actually caught my attention the most because you have a major consumer platform, a data contribution app, and an AI training data pipeline starting to come together. And unlike the other examples above, Poseidon is more focused on real-world user-contributed data, which feels like a different but related part of the same data-access trend. That’s also where the broader @datafdn angle starts to make more sense. Because once AI data starts coming from real people, the infrastructure around that data matters more too. The old IP narrative always sounded big, but AI training data feels like a much clearer wedge because there is already obvious demand for better, rights-cleared, human-contributed data. That’s why I’ve been paying more attention to the amount of AI data being registered on DATA Network lately. From what’s publicly visible, DATA Network is moving toward registering 1B+ existing AI training data assets over the next year, while millions of new assets continue to be contributed every day through ecosystem apps like Numo. Overall, I think companies will need more real content from real people to get more accurate data that makes AI products more useful (and hopefully less likely to hallucinate, lol). But anyways, this feels like a step in the right direction from where we originally started with AI, because better models still matter, but without better data, the output will always hit a ceiling.

Name & Symbol: DATA Network ($DATAIP)
Address: 0xa37eded373c5cdf88644db7c6b89f222e756afb2

My personal ranking of the best crypto cards available in US ↓ https://t.co/AM8jxsVJAW has tiers based on card adoption metrics which is already useful; I tried to rank by usability. Tier S: @Plasma, @ether_fi I spend most with these two + have some $$ deposited to earn APY. Plasma earns cashback in XPL, EtherFi – in ETH. Tier A: @KASTxyz, @xplaceapp, @coinbase card XPlace is imo a very undervalued crypto card, under the radar play Tier B: @lava_xyz, @hyperbeat, @Cypher_HQ_ All three are cool, each with some unique features (like BTC yield in the case of Lava) Tier C: @itstuyo, @useTria Tuyo is an emerging one with an interesting concept; might go higher. Tria has some community sceptisism recently, so I can't put it higher – but still on the list. What's your ranking?

Name & Symbol: Plasma ($XPL)
Address: 0x405fbc9004d857903bfd6b3357792d71a50726b0

My personal ranking of the best crypto cards available in US ↓ https://t.co/AM8jxsVJAW has tiers based on card adoption metrics which is already useful; I tried to rank by usability. Tier S: @Plasma, @ether_fi I spend most with these two + have some $$ deposited to earn APY. Plasma earns cashback in XPL, EtherFi – in ETH. Tier A: @KASTxyz, @xplaceapp, @coinbase card XPlace is imo a very undervalued crypto card, under the radar play Tier B: @lava_xyz, @hyperbeat, @Cypher_HQ_ All three are cool, each with some unique features (like BTC yield in the case of Lava) Tier C: @itstuyo, @useTria Tuyo is an emerging one with an interesting concept; might go higher. Tria has some community sceptisism recently, so I can't put it higher – but still on the list. What's your ranking?

Name & Symbol: Tria ($TRIA)
Address: 0xb0b92de23baa85fb06208277e925ced53edab482

I think I just found a very interesting stablecoin design. @Realfi_co is running a 2-token structure on Cardano, with a native EVM launch scheduled shortly after, to separate the peg from the risk. In most RWA stablecoins, the token itself carries the variability. Here, there's a separate layer that absorbs that movement before it reaches the peg. Basically, sUSDr holds the reserve position and takes the hit first, so USDr stays stable. Structurally, it behaves more like a buffer than a typical stablecoin design. They're kicking off Phase 1 of the testnet on July 6. I think much more will be coming from them. Check it out here: https://t.co/fJPiVR2vsU I'll expand on this in an upcoming post.

Name & Symbol: Allo ($RWA)
Address: 0x9c8b5ca345247396bdfac0395638ca9045c6586e

Canton owns 83% of all tokenized RWA value onchain. That's more than $335B in value and an RWA count of > 7,900. What's interesting to me is that there's only one perp DEX on this chain where you can trade RWAs. Talking about @Canborsa_DEX, which just moved from beta to official release. It already has: • 6,000+ registered users • 10,000+ swap/trade transactions processed • $1M+ in trade volume Considering this is a unique narrative that no other DEX on Canton has, I'm not going to miss out on stacking some points here. Quests are fairly easy to complete as well. I opened and closed a perp trade on SPCX, and they credited the points instantly. Same as Ondo perps, it's a great opportunity to join and position while it's still early. If you're interested in trying it out, you can use my link to join and get a 3x Canborsa Points Bonus for your first deposit until July 10: https://t.co/3wqkypUI30

Name & Symbol: Ondo ($ONDO)
Address: 0xfaba6f8e4a5e8ab82f62fe7c39859fa577269be3

The new @Grayscale research has me thinking about where institutional flows go next, if CLARITY actually passes. Hint: not the cheapest names on the list. Here's what it argues: → Assets like BTC are valued on supply and demand, while protocols like Hyperliquid can now be valued on cash flows – the same way you'd value a business → Several of the top revenue protocols trade at roughly 1x annual revenue, including @Pumpfun ($459M), @PancakeSwap ($322M) and @MeteoraAG, while @HyperliquidX leads on revenue at $871M at a 15x multiple → Out of 15, 11 are financial apps. Grayscale sees the CLARITY Act passing in the next few weeks as the catalyst that funnels institutional flows into this category → The revenue multiples look attractive relative to TradFi comps because crypto protocols run with almost no overhead. A protocol at 9x revenue is cheaper than a software business at 9x would be If CLARITY lands, the image below basically becomes a shopping list.

Name & Symbol: Meteora ($MET)
Address: METvsvVRapdj9cFLzq4Tr43xK4tAjQfwX76z3n6mWQL

The new @Grayscale research has me thinking about where institutional flows go next, if CLARITY actually passes. Hint: not the cheapest names on the list. Here's what it argues: → Assets like BTC are valued on supply and demand, while protocols like Hyperliquid can now be valued on cash flows – the same way you'd value a business → Several of the top revenue protocols trade at roughly 1x annual revenue, including @Pumpfun ($459M), @PancakeSwap ($322M) and @MeteoraAG, while @HyperliquidX leads on revenue at $871M at a 15x multiple → Out of 15, 11 are financial apps. Grayscale sees the CLARITY Act passing in the next few weeks as the catalyst that funnels institutional flows into this category → The revenue multiples look attractive relative to TradFi comps because crypto protocols run with almost no overhead. A protocol at 9x revenue is cheaper than a software business at 9x would be If CLARITY lands, the image below basically becomes a shopping list.

Name & Symbol: Meteora ($MET)
Address: METvsvVRapdj9cFLzq4Tr43xK4tAjQfwX76z3n6mWQL

Not sure if rebranding to DATA Foundation will save Story – but anyways shifting focus to AI training data is better than pushing IP narrative. They also announced a deep integration with AI training data marketplace Kled, bringing 1.5B+ user-contributed data points on-chain... ... but: $IP is down 98% since launch. Regaining trust is hard.

Name & Symbol: Story ($IP)
Address: 0x4d6394bc3031f751edce368c189b0e060b527107

Here’s your weekly snapshot of the best stablecoin yield opportunities. Sorted by APY ↓ > @MidasRWA $mHYPER – 10.89% APY Yield comes from managed stablecoin strategies, labeled as crypto-backed and managed strategy > @USDai_Official $sUSDai – 7.13% APY Yield comes from AI infra credit and RWA exposure > @YuzuMoney $syzUSD – 7.10% APY Yield comes from managed DeFi strategies, labeled as crypto-backed, RWA, and managed strategy > @OpenTrade_io $xSLP – 6.59% APY Yield comes from RWA-backed stablecoin yield products > @SuperstateInc $USTB – 4.40% APY Yield comes from tokenized short-duration U.S. Treasury exposure > @maplefinance $syrupUSDT – 3.94% APY Yield comes from institutional lending through Maple lending pools > @SierraIsMoney $SIERRA – 3.66% APY Yield comes from dynamically managed RWA and DeFi yield sources

Name & Symbol: Allo ($RWA)
Address: 0x9c8b5ca345247396bdfac0395638ca9045c6586e

There are few TGEs these days that feel successful. But @Arcium TGE looked better than most recent launches because it didn't come to market as a pure narrative token. It had: → live mainnet activity → a real use case (confidential compute) → a defined ecosystem → actual usage before token launch → great ecosystem of protocols BUT, and this is a big BUT, it doesn't mean it's completely risk-free. Because there's still a big unlock overhang with ~79% of supply locked at launch and full supply unlocks over ~4.5 years. That means it enters circulation slowly, which creates future sell pressure if demand doesn't grow fast enough to absorb it. Not necessarily bad. Just a risk factor. What I'm watching: whether Arcium's network demand grows fast enough to absorb the new $ARX supply as it unlocks.

Name & Symbol: Arcium ($ARX)
Address: 0xd5f6ef5deabe61e6d5cdb49bfb6f156f2c1ca715

There are few TGEs these days that feel successful. But @Arcium TGE looked better than most recent launches because it didn't come to market as a pure narrative token. It had: → live mainnet activity → a real use case (confidential compute) → a defined ecosystem → actual usage before token launch → great ecosystem of protocols BUT, and this is a big BUT, it doesn't mean it's completely risk-free. Because there's still a big unlock overhang with ~79% of supply locked at launch and full supply unlocks over ~4.5 years. That means it enters circulation slowly, which creates future sell pressure if demand doesn't grow fast enough to absorb it. Not necessarily bad. Just a risk factor. What I'm watching: whether Arcium's network demand grows fast enough to absorb the new $ARX supply as it unlocks.

Name & Symbol: Arcium ($ARX)
Address: 0xd5f6ef5deabe61e6d5cdb49bfb6f156f2c1ca715

DeFi privacy is solving the wrong problem. Imo, it shouldn't be fully public, but it also needs to be verifiable. Users need privacy, sure, but everyone else still needs to know the vault is solvent. This is why I like what @Zama and Steakhouse launched on @Morpho. The new Steakhouse Confidential Prime USDC vault keeps your individual position encrypted, while the vault’s funds stay auditable onchain. It's a pretty simple setup: → Deposit USDC or cUSDC → Receive confidential shares → Others can see the batch total, but not your slice There's also a 12-week yield boost layered on top of the native yield. This is what I always thought a private DeFi yield setup should look like. Now I get to test it out in real time.

Name & Symbol: Zama ($ZAMA)
Address: 0x6907a5986c4950bdaf2f81828ec0737ce787519f

DeFi privacy is solving the wrong problem. Imo, it shouldn't be fully public, but it also needs to be verifiable. Users need privacy, sure, but everyone else still needs to know the vault is solvent. This is why I like what @Zama and Steakhouse launched on @Morpho. The new Steakhouse Confidential Prime USDC vault keeps your individual position encrypted, while the vault’s funds stay auditable onchain. It's a pretty simple setup: → Deposit USDC or cUSDC → Receive confidential shares → Others can see the batch total, but not your slice There's also a 12-week yield boost layered on top of the native yield. This is what I always thought a private DeFi yield setup should look like. Now I get to test it out in real time.

Name & Symbol: Zama ($ZAMA)
Address: 0x6907a5986c4950bdaf2f81828ec0737ce787519f

3 major board members are leaving @SonicLabs: → Andre Cronje → Michael Kong → David Richardson And while the resignations are unfortunate, the timing matters even more because this is happening while price, TVL, and sentiment are already weak ( $S is trading about 97% below its ATH ). Feelsbadman, but I don’t think this means Sonic is dead. The engineering team is still active and Sonic said around 400 meaningful code updates were merged in 2026, so they are def still kicking from the dev side. However, it does mean Sonic now has to rebuild confidence without its strongest public technical figure: Andre Cronje. I’m curious to see the rebound here, TBH, this is usually the part of the market where winners are made anyway.

Name & Symbol: Aethir Token ($ATH)
Address: 0xbe0ed4138121ecfc5c0e56b40517da27e6c5226b

RWA is one of the few crypto sectors that has had a good run this year. The onchain RWA market is ~$32B now (~300% in a year). Almost all of that growth happened during one of the worst bear markets. It starts to get interesting when you break down that market into categories, since the growth isn't spread evenly across each one: → Tokenized funds: ~80% of the market → Commodities: ~16% (mostly gold) → Tokenized stocks: under 4% (fastest growth) I'm personally focused on the tokenized stocks sector. It's the smallest category, but the most useful for users, since you can buy and trade tokenized stocks like Tesla or Nvidia onchain 24/7. And there's already a big demand for it. Projects like @xStocksFi and @OndoPerps already let anyone outside the US trade tokenized Tesla, Nvidia, or the S&P 500 onchain, 24/7, without a brokerage account. Alongside neobanks, this is one of the few crypto sectors I’m still genuinely excited about.

Name & Symbol: Allo ($RWA)
Address: 0x9c8b5ca345247396bdfac0395638ca9045c6586e

Volume can be tricky as a single metric. This is a number that venues publish themselves. As a result, it can be inflated or manipulated. I think a much better metric is turnover, which essentially measures volume relative to OI and shows whether positions are being held or churned. Here's how perp platforms rank by turnover: → @HyperliquidX: 0.38x → @variational_io: 0.61x → @Lighter_xyz: 0.97x → @edgeX_exchange: 1.18x → @grvt_io: 2.29x → @JupiterExchange: 2.71x Lower ratio = sticky positions. Higher ratio = more churn. At the top of the list, Hyperliquid holds $9.4B in OI, more than the other five venues combined. Jupiter has the highest turnover, but it’s a pool venue, so every trade settles against shared liquidity instead of other traders. High turnover is just how pool venues work, and the wash checks confirm the activity is real. H/t @ax1vc for data.

Name & Symbol: edgeX ($EDGE)
Address: 0x70f2eadf1ca1969ff42b0c78e9da519e8937cbaf

Protocols & their buyback % ↓ @HyperliquidX | 99% of fees @Aster_DEX | 99% of daily platform fees @pendle_fi | 80% of V2 yield/swap fees @GEODNET | 80% of data revenue @JupiterExchange | 50% of platform revenue @PancakeSwap | varies by product, 15–23% of AMM V3 fees / 50% of Infinity revenue / 100% of Prediction revenue @maplefinance | 25% of protocol revenue @Raydium | 12% of trading fees @Uniswap | ~17% of fees on active fee-switch pools @THORSwap | 20% of revenue goes to THOR buyback and burn @ApeBond | 50% of DEX trading fees @MarinadeFinance | 50% of revenue @metaplex | 50% of revenue @Orca_so | 20% of protocol fees @QuickSwapDEX | 10–13.33% of collected fees @StaderLabs | 20% of quarterly revenue Also worth tracking, but no fixed % disclosed: @aave | fixed annual buyback budget @Chainlink | revenue-backed LINK reserve @sparkdotfi | protocol surplus used for buybacks

Name & Symbol: Metaplex ($MPLX)
Address: 0x75a5863a19af60ec0098d62ed8c34cc594fb470f

Protocols & their buyback % ↓ @HyperliquidX | 99% of fees @Aster_DEX | 99% of daily platform fees @pendle_fi | 80% of V2 yield/swap fees @GEODNET | 80% of data revenue @JupiterExchange | 50% of platform revenue @PancakeSwap | varies by product, 15–23% of AMM V3 fees / 50% of Infinity revenue / 100% of Prediction revenue @maplefinance | 25% of protocol revenue @Raydium | 12% of trading fees @Uniswap | ~17% of fees on active fee-switch pools @THORSwap | 20% of revenue goes to THOR buyback and burn @ApeBond | 50% of DEX trading fees @MarinadeFinance | 50% of revenue @metaplex | 50% of revenue @Orca_so | 20% of protocol fees @QuickSwapDEX | 10–13.33% of collected fees @StaderLabs | 20% of quarterly revenue Also worth tracking, but no fixed % disclosed: @aave | fixed annual buyback budget @Chainlink | revenue-backed LINK reserve @sparkdotfi | protocol surplus used for buybacks

Name & Symbol: Aster ($ASTER)
Address: 0x000ae314e2a2172a039b26378814c252734f556a

If you're not aware, Fireblocks is the custody infrastructure that a huge part of institutional crypto runs on. It already has lots of institutions using it and a ton of volume. Normally, these integrations don’t mean much to me because they often end up attached to products with barely any users. But Stacks already has: → More than $90M TVL → BTC-native trading and liquidity through Bitflow → Active ecosystem (Zest, Hermetica, Granite) Institutions now have a way to get yield on their idle BTC. No more excuses about tooling or custody. Disclosure: I'm holding $STX.

Name & Symbol: Zest Protocol ($ZEST)
Address: 0x5506599c722389a60580b5213ea1da60d64754a1

Stablecoin privacy has many use cases. Private payroll, vendor payments, treasury moves that can't be front-run. All of these are important if you want balances and amounts to stay hidden. But stablecoins earning yield while staying private? That's rare. @zama's confidential USDC (cUSDC) can now earn through @SteakhouseFi's USDC Prime vault on @Morpho, while balances and transfer amounts stay encrypted. You stay on Ethereum, use cUSDC, and plug into Morpho/Steakhouse without moving into a separate privacy environment. Pretty practical setup. Good to see a new use case for stablecoin privacy that doesn't require users to leave the main chain.

Name & Symbol: Zama ($ZAMA)
Address: 0x6907a5986c4950bdaf2f81828ec0737ce787519f

Stablecoin privacy has many use cases. Private payroll, vendor payments, treasury moves that can't be front-run. All of these are important if you want balances and amounts to stay hidden. But stablecoins earning yield while staying private? That's rare. @zama's confidential USDC (cUSDC) can now earn through @SteakhouseFi's USDC Prime vault on @Morpho, while balances and transfer amounts stay encrypted. You stay on Ethereum, use cUSDC, and plug into Morpho/Steakhouse without moving into a separate privacy environment. Pretty practical setup. Good to see a new use case for stablecoin privacy that doesn't require users to leave the main chain.

Name & Symbol: Morpho Token ($MORPHO)
Address: 0x58d97b57bb95320f9a05dc918aef65434969c2b2

I saw that @OndoPerps is getting some attention for → its RWA perps → weekly trading rewards ($125K last week, $100K this week) → possible points-farming campaign thing. So I thought it’d be cool to share some general strats that might be useful ↓ 1. Maker-only volume farming > Place a $50K limit buy, wait for the fill, then close with a $50K limit sell. > That creates $100K in Ondo volume. > Maker fee = 0.015%, so the round trip costs around $15. > At the current reward math, $100K volume earns around $25 gross from the volume pool. > So roughly: $25 reward - $15 maker fees = ~$10 before spread, funding, hedge costs, and PnL. > Repeat this enough times and the farm starts making sense. 2. Funding-aware farming > Check funding before opening anything. > If Ondo longs are paying shorts → short Ondo and hedge long somewhere else. > If shorts are paying longs → long Ondo and hedge short somewhere else. 3. Split-size farming > Don’t open one huge position and pray for a clean fill. > Split size into smaller orders. Example: Instead of one $250K order, use 5x $50K limit orders. Better fills, less slippage, easier exits, cleaner hedging, less panic if price moves. IYKYK – hope that’s useful.

Name & Symbol: Allo ($RWA)
Address: 0x9c8b5ca345247396bdfac0395638ca9045c6586e

I saw that @OndoPerps is getting some attention for → its RWA perps → weekly trading rewards ($125K last week, $100K this week) → possible points-farming campaign thing. So I thought it’d be cool to share some general strats that might be useful ↓ 1. Maker-only volume farming > Place a $50K limit buy, wait for the fill, then close with a $50K limit sell. > That creates $100K in Ondo volume. > Maker fee = 0.015%, so the round trip costs around $15. > At the current reward math, $100K volume earns around $25 gross from the volume pool. > So roughly: $25 reward - $15 maker fees = ~$10 before spread, funding, hedge costs, and PnL. > Repeat this enough times and the farm starts making sense. 2. Funding-aware farming > Check funding before opening anything. > If Ondo longs are paying shorts → short Ondo and hedge long somewhere else. > If shorts are paying longs → long Ondo and hedge short somewhere else. 3. Split-size farming > Don’t open one huge position and pray for a clean fill. > Split size into smaller orders. Example: Instead of one $250K order, use 5x $50K limit orders. Better fills, less slippage, easier exits, cleaner hedging, less panic if price moves. IYKYK – hope that’s useful.

Name & Symbol: Ondo ($ONDO)
Address: 0xfaba6f8e4a5e8ab82f62fe7c39859fa577269be3

Stablecoin privacy has many use cases. Private payroll, vendor payments, treasury moves that can't be front-run. All of these are important if you want balances and amounts to stay hidden. But stablecoins earning yield while staying private? That's rare. @zama's confidential USDC (cUSDC) can now earn through @SteakhouseFi's USDC Prime vault on @Morpho, while balances and transfer amounts stay encrypted. You stay on Ethereum, use cUSDC, and plug into Morpho/Steakhouse without moving into a separate privacy environment. Pretty practical setup. Good to see a new use case for stablecoin privacy that doesn't require users to leave the main chain.

Name & Symbol: Morpho Token ($MORPHO)
Address: 0x58d97b57bb95320f9a05dc918aef65434969c2b2

Stablecoin privacy has many use cases. Private payroll, vendor payments, treasury moves that can't be front-run. All of these are important if you want balances and amounts to stay hidden. But stablecoins earning yield while staying private? That's rare. @zama's confidential USDC (cUSDC) can now earn through @SteakhouseFi's USDC Prime vault on @Morpho, while balances and transfer amounts stay encrypted. You stay on Ethereum, use cUSDC, and plug into Morpho/Steakhouse without moving into a separate privacy environment. Pretty practical setup. Good to see a new use case for stablecoin privacy that doesn't require users to leave the main chain.

Name & Symbol: Zama ($ZAMA)
Address: 0x6907a5986c4950bdaf2f81828ec0737ce787519f

This is VERY likely to be true. I also heard from the Plasma team that they’re planning some bonus for early users. Might be worth spending ~$50 to make sure you’re not labeled as a potential sybil. App → https://t.co/8VbPflcJpo Code → SMUUR9 PS: Plasma has the easiest onboarding flow across all the crypto cards I’ve tested. Good product tbh.

Name & Symbol: Plasma ($XPL)
Address: 0x405fbc9004d857903bfd6b3357792d71a50726b0

Tier List of Neobanks by Cashback S Tier: @wirexapp: 8% (WXT) @coca_card: 8% (USDC/EURC) @useTria: 6% (USDC) @gnosispay: 5% (GNO) @lava_xyz: 5% (BTC) A Tier: @Plasma: 4% (XPL) @hyperbeat: 5% (HYPE) @ether_fi: 4% (ETH) B Tier: @MetaMask: 3% (mUSD) @KASTxyz: 3% (USDC) @ready_co: 3% (Points) C Tier: @KoloHub: 2% (BTC) @xplaceapp: 2% (USDC) @Nexo: 2% (NEXO/BTC) @0xinfini: 1.5% (USDC/USDT) @holyheld: 1% (USDC) D Tier: @RedotPay: 0% @Revolut: 0% Note: These are max cashback rates, not base rates. Actual rates are usually lower. Did I miss anyone?

Name & Symbol: Plasma ($XPL)
Address: 0x405fbc9004d857903bfd6b3357792d71a50726b0

The SEC might have just opened one of the biggest doors for tokenized stocks. It proposed removing Rule 611, which basically says stock venues need to respect the best visible price across the market. Right now, US stocks trade through venues like NYSE and Nasdaq. But if stocks get tokenized, people will want to trade them like crypto across different DeFi venues. This is where @Uniswap (and AMMs in general) come in. Uniswap is the clearest example of pool-based pricing because it does not use a traditional order book like NYSE or Nasdaq. But that is also the problem. Because AMMs do not naturally follow Rule 611, they price trades through pool liquidity, not by checking every stock exchange before every swap. And that’s why removing Rule 611 matters. It would remove one of the biggest structural blockers for DeFi-native stock markets. If this passes, it’s bullish for DeFi infra tokens, RWA protocols, and DEX platforms.

Name & Symbol: Allo ($RWA)
Address: 0x9c8b5ca345247396bdfac0395638ca9045c6586e

Morpho is becoming the default DeFi lending rail for institutions. Coinbase, Kraken, and Bitwise are all using it for their products: → @coinbase powers its crypto-backed loans on it → @krakenfx's "DeFi Earn" runs on Morpho → @Bitwise curates lending vaults on it directly The reason why is quite simple. Once a market goes live on @Morpho, the rules are immutable. @aave is built around shared lending markets. In comparison, Morpho is more modular: each market can have its own collateral, risk parameters, and curator. That's why institutions are drawn to it. They can launch markets on Morpho on their exact terms. Great perk to have in a TradFi cycle.

Name & Symbol: Morpho Token ($MORPHO)
Address: 0x58d97b57bb95320f9a05dc918aef65434969c2b2

Upd: Got more invites from @Plasma guys for my fam (The ones from the previous post expired) App: https://t.co/sFNMbYGRlq Code: SMUUR9

Name & Symbol: Plasma ($XPL)
Address: 0x405fbc9004d857903bfd6b3357792d71a50726b0

Tier List of Token Unlocks in 2026 >$3B: @WhiteBit $WBT @Rain__Protocol $RAIN $1B–$3B @Humanityprot $H @MemeCore_M $M $500M–$1B: @solana $SOL @ton_blockchain $TON @CantonNetwork $CC $100M–$500M @chainlink $LINK @LayerZero_Core $ZRO @monad $MON @hedera $HBAR @OndoFinance $ONDO @plasma $XLP <$100M: @Starknet $STRK @KaitoAI $KAITO @megaeth $MEGA @Aptos $APT @falconfinance $FF @arbitrum $ARB Did I miss anything?

Name & Symbol: Ondo ($ONDO)
Address: 0xfaba6f8e4a5e8ab82f62fe7c39859fa577269be3

Tier List of Token Unlocks in 2026 >$3B: @WhiteBit $WBT @Rain__Protocol $RAIN $1B–$3B @Humanityprot $H @MemeCore_M $M $500M–$1B: @solana $SOL @ton_blockchain $TON @CantonNetwork $CC $100M–$500M @chainlink $LINK @LayerZero_Core $ZRO @monad $MON @hedera $HBAR @OndoFinance $ONDO @plasma $XLP <$100M: @Starknet $STRK @KaitoAI $KAITO @megaeth $MEGA @Aptos $APT @falconfinance $FF @arbitrum $ARB Did I miss anything?

Name & Symbol: MemeCore ($M)
Address: 0x22b1458e780f8fa71e2f84502cee8b5a3cc731fa

Tier List of Token Unlocks in 2026 >$3B: @WhiteBit $WBT @Rain__Protocol $RAIN $1B–$3B @Humanityprot $H @MemeCore_M $M $500M–$1B: @solana $SOL @ton_blockchain $TON @CantonNetwork $CC $100M–$500M @chainlink $LINK @LayerZero_Core $ZRO @monad $MON @hedera $HBAR @OndoFinance $ONDO @plasma $XLP <$100M: @Starknet $STRK @KaitoAI $KAITO @megaeth $MEGA @Aptos $APT @falconfinance $FF @arbitrum $ARB Did I miss anything?

Name & Symbol: Humanity Protocol ($H)
Address: 0x44f161ae29361e332dea039dfa2f404e0bc5b5cc

Tier List of Token Unlocks in 2026 >$3B: @WhiteBit $WBT @Rain__Protocol $RAIN $1B–$3B @Humanityprot $H @MemeCore_M $M $500M–$1B: @solana $SOL @ton_blockchain $TON @CantonNetwork $CC $100M–$500M @chainlink $LINK @LayerZero_Core $ZRO @monad $MON @hedera $HBAR @OndoFinance $ONDO @plasma $XLP <$100M: @Starknet $STRK @KaitoAI $KAITO @megaeth $MEGA @Aptos $APT @falconfinance $FF @arbitrum $ARB Did I miss anything?

Name & Symbol: Falcon Finance ($FF)
Address: 0xac23b90a79504865d52b49b327328411a23d4db2

Read the new Morpho paper so you don't have to! Quick context: @Morpho is one of the biggest lending protocols on Ethereum, with billions in deposits. Their core product, Morpho Blue, lets anyone spin up isolated lending markets with custom collateral and risk settings. Most of DeFi credit gets built on top of it now. They just released the Midnight whitepaper, a new lending protocol where rates are fixed and loans have a set end date, instead of the floating-rate pools everyone's used to. Think Aave or Compound: you deposit, your rate moves with utilization, you withdraw whenever. Midnight is the opposite. You lock in a rate and a date upfront, like a CD at a bank. The pool model worked when liquidity was thin and gas was expensive. With $25B+ in onchain loans now, floating rates and forced pooling are real bottlenecks. A treasury that needs predictable costs can't use a pool that swings 20% overnight. How it works: Lenders and borrowers trade "units" that act like IOUs with a fixed payout at a future date. Each market has a loan asset, end date, and collateral. Buy units = lend. Sell units = borrow. The rate is just the discount you trade at: pay $0.95 today, get $1 in six months. All markets with the same end date pool together, no matter when you entered. So liquidity builds up instead of splitting across a thousand separate loans. The interesting parts: • No orderbook. Lenders post signed offers without locking capital. Borrowers find them off-protocol (Telegram, frontend, router) and submit. The protocol just settles. • Capital stays productive. A lender can keep funds earning on Morpho Blue and quote fixed-rate offers on Midnight at the same time. When someone takes the offer, funds get pulled and the trade settles in one tx. The "idle capital waiting to be matched" problem that broke prior fixed-rate DeFi is gone. • One pool, many markets. One signature can back offers across dozens of markets at once, like a market maker quoting 30 stocks with $10M total instead of locking $10M into each. Total risk stays capped at actual balance. • Fairer liquidations. A 1% breach can't nuke your whole position, liquidators only repay enough to fix it. Bad debt is realized instantly. Miss repayment by a few minutes? 15-minute grace ramp instead of instant drain. • Fee caps locked forever. Settlement fee maxes at 50 bps/yr, lender fee at 1%/yr. Can't be raised. Morpho's bet: onchain credit should look like fixed income, not money markets. If serious makers can quote across many markets with one pool of capital, fixed-rate lending might finally work at scale.

Name & Symbol: Morpho Token ($MORPHO)
Address: 0x58d97b57bb95320f9a05dc918aef65434969c2b2

Read the new Morpho paper so you don't have to! Quick context: @Morpho is one of the biggest lending protocols on Ethereum, with billions in deposits. Their core product, Morpho Blue, lets anyone spin up isolated lending markets with custom collateral and risk settings. Most of DeFi credit gets built on top of it now. They just released the Midnight whitepaper, a new lending protocol where rates are fixed and loans have a set end date, instead of the floating-rate pools everyone's used to. Think Aave or Compound: you deposit, your rate moves with utilization, you withdraw whenever. Midnight is the opposite. You lock in a rate and a date upfront, like a CD at a bank. The pool model worked when liquidity was thin and gas was expensive. With $25B+ in onchain loans now, floating rates and forced pooling are real bottlenecks. A treasury that needs predictable costs can't use a pool that swings 20% overnight. How it works: Lenders and borrowers trade "units" that act like IOUs with a fixed payout at a future date. Each market has a loan asset, end date, and collateral. Buy units = lend. Sell units = borrow. The rate is just the discount you trade at: pay $0.95 today, get $1 in six months. All markets with the same end date pool together, no matter when you entered. So liquidity builds up instead of splitting across a thousand separate loans. The interesting parts: • No orderbook. Lenders post signed offers without locking capital. Borrowers find them off-protocol (Telegram, frontend, router) and submit. The protocol just settles. • Capital stays productive. A lender can keep funds earning on Morpho Blue and quote fixed-rate offers on Midnight at the same time. When someone takes the offer, funds get pulled and the trade settles in one tx. The "idle capital waiting to be matched" problem that broke prior fixed-rate DeFi is gone. • One pool, many markets. One signature can back offers across dozens of markets at once, like a market maker quoting 30 stocks with $10M total instead of locking $10M into each. Total risk stays capped at actual balance. • Fairer liquidations. A 1% breach can't nuke your whole position, liquidators only repay enough to fix it. Bad debt is realized instantly. Miss repayment by a few minutes? 15-minute grace ramp instead of instant drain. • Fee caps locked forever. Settlement fee maxes at 50 bps/yr, lender fee at 1%/yr. Can't be raised. Morpho's bet: onchain credit should look like fixed income, not money markets. If serious makers can quote across many markets with one pool of capital, fixed-rate lending might finally work at scale.

Name & Symbol: Midnight ($NIGHT)
Address: 0xfe930c2d63aed9b82fc4dbc801920dd2c1a3224f

Crypto earns legitimacy by working, not promising. @squidrouter has been working nonstop since 2022, powering cross-chain swaps for MetaMask, MiniPay, Circle, Stellar, Hedera, and other big names. If you've moved assets across chains in the last few years, odds are you've used Squid even if you didn't open their site. With over $6b volume across 100+ chains, 130+ DEXs, and 20k+ tokens, Squid continues to grow and reach monthly ATHs. But most important for me is still the reliability, near 100% uptime, and four years of doing this at scale. The team just announced that they raised $6M from North Island Ventures, along with Ripple, Borderless, and angel investors from Axelar, Ledger, and Enso, to power their next stage of development. When people with years of experience and silent building keep pushing their lane rather than moving on to something newer, there's definitely something big planned. You can check their complete report with more details in the quoted article.

Name & Symbol: Enso ($ENSO)
Address: 0xfeb339236d25d3e415f280189bc7c2fbab6ae9ef

Crypto earns legitimacy by working, not promising. @squidrouter has been working nonstop since 2022, powering cross-chain swaps for MetaMask, MiniPay, Circle, Stellar, Hedera, and other big names. If you've moved assets across chains in the last few years, odds are you've used Squid even if you didn't open their site. With over $6b volume across 100+ chains, 130+ DEXs, and 20k+ tokens, Squid continues to grow and reach monthly ATHs. But most important for me is still the reliability, near 100% uptime, and four years of doing this at scale. The team just announced that they raised $6M from North Island Ventures, along with Ripple, Borderless, and angel investors from Axelar, Ledger, and Enso, to power their next stage of development. When people with years of experience and silent building keep pushing their lane rather than moving on to something newer, there's definitely something big planned. You can check their complete report with more details in the quoted article.

Name & Symbol: Aethir Token ($ATH)
Address: 0xbe0ed4138121ecfc5c0e56b40517da27e6c5226b

Crypto earns legitimacy by working, not promising. @squidrouter has been working nonstop since 2022, powering cross-chain swaps for MetaMask, MiniPay, Circle, Stellar, Hedera, and other big names. If you've moved assets across chains in the last few years, odds are you've used Squid even if you didn't open their site. With over $6b volume across 100+ chains, 130+ DEXs, and 20k+ tokens, Squid continues to grow and reach monthly ATHs. But most important for me is still the reliability, near 100% uptime, and four years of doing this at scale. The team just announced that they raised $6M from North Island Ventures, along with Ripple, Borderless, and angel investors from Axelar, Ledger, and Enso, to power their next stage of development. When people with years of experience and silent building keep pushing their lane rather than moving on to something newer, there's definitely something big planned. You can check their complete report with more details in the quoted article.

Name & Symbol: Enso ($ENSO)
Address: 0xfeb339236d25d3e415f280189bc7c2fbab6ae9ef

Here's what's actually getting checks written in Web3 ↓ --------------- 🔴 S-TIER (write the check now): • Stablecoin infra & payment rails. Every major fund named it. Citi sees a $1.9–4T market by 2030. Bridge, BVNK, Rail already exist. • AI agents × crypto. Agents can't open bank accounts, so crypto becomes the default rail. Google AP2, PYUSD, Solana Pay all ship this year. • RWA tokenization. $28.6B onchain but only $2.8B in DeFi. The composability gap is the whole opportunity. --------------- 🟠 A-TIER (actively sourcing): • Next-gen DeFi with privacy + capital efficiency baked in • Institutional trading infra (perpification of everything: oil, inflation, etc) • DePIN (compute, energy, connectivity, token-incentivized) • Agentic payments (wallets for bots, x402 micropayments, machine-readable APIs) --------------- 🟡 B-TIER (interest, picky): • Onchain consumer credit, moving past overcollateralization • Prediction markets, split into financial and cultural tracks • Privacy infra (ZK tooling, PaaS) • AI-integrated dev tools & vibe-coding IDEs • Localized stablecoins (KRW, JPY, IDR, EUR) --------------- 🟢 C-tier (watching, not leading): • Consumer DeFi apps • Web3 gaming (post-2024 hangover still real) • AI verification layer • Tokenized equity / governance redesigns • Web3 creator economy --------------- The pattern: revenue > narrative, TradFi convergence, AI driving net new demand for rails, regulatory clarity unlocking institutions, Asia as the next stablecoin battleground. If you're building outside these buckets, you can still raise. You'll just be swimming upstream. Pulled this from YZi Labs' RFS + theses from Coinbase Ventures, Haun, Pantera, Paradigm, and a few others.

Name & Symbol: Allo ($RWA)
Address: 0x9c8b5ca345247396bdfac0395638ca9045c6586e