Amazing to learn about the @thedaofund on @Unchained_pod today! Lots of opportunities for @safe builders to apply to the fund to make owning accounts easier and more secure.

Name & Symbol: Safe Token ($SAFE)
Address: 0x5afe3855358e112b5647b952709e6165e1c1eeee

⚠️ LATEST: Binance Warns of Fake Listing Agents, Offers $5M Whistleblower Reward Binance outlined official token listing process, emphasizing projects should never engage with third-party entities and should apply directly with the exchange. The exchange identified seven entities and individuals falsely claiming to be Binance listing agents offering to list tokens in exchange for payment.

Name & Symbol: TokenFi ($TOKEN)
Address: 0x4507cef57c46789ef8d1a19ea45f4216bae2b528

There’s no such thing as a free +10% DeFi yield Risk curators have been at the center of the storm. Steakhouse Financial’s @SebVentures breaks down what most DeFi users misunderstand about yield, vault safety, and the coming stablecoin wave on @bitsandbips Plus: the liquidity problem with tokenized onchain credit funds & the role of new stablechains like Tempo and Plasma  👇 Timestamps: 🥩 0:27 Understanding Steakhouse Financial and its growth rate 🧠 2:27 What “risk curation” actually means and why Steakhouse focuses on institutions 💵 5:20 How @SteakhouseFi vaults generate stablecoin yields ⚙️ 8:07 What risk curators can—and can’t—control in a decentralized environment ⚠️ 12:56 What recent volatility revealed about #DeFi vaults and the collapse of Stream Finance 📉 17:01 Whether “safe” high yield is even possible 🧱 19:06 The liquidity problem with tokenized credit funds onchain 🌊 27:16 How Steakhouse is positioning for the stablecoin boom ⛓️ 28:52 How stablechains like #Tempo and #Plasma could change the game 🏦 30:15 Why Steakhouse plans to integrate tokenized deposits 🌍 32:23 Steakhouse’s 2026 bet on non-USD #stablecoins

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

Are Ethereum devs now more aware of the market? In this episode of Uneasy Money, hosts @kaiynne, @tayvano_ & @LucaNetz delve into: 💥 Ethereum's Fusaka upgrade 🧐 The reactions to Infinex's ICO 🚀 Hyperliquid's growing equities perps futures ⚔️ The Kamino v. Jupiter drama 🚨 Anthropic's smart contract study and the Yearn Finance hack Timestamps: 🚀 00:00 Introduction ⚡️ 01:32 How Ethereum's shipping cadence has changed ⛽️ 9:36 Will #Ethereum gas fees spike again? ⚔️ 12:26 Infinex's token sale controversy 💡 12:54 Kain explains the reasoning behind Infinex's ICO model 💥 18:47 What's driving the #Infinex ICO controversy 🧏 24:11 How Hyperliquid's HIP-3 upgrade is changing DeFi participation 🤔 25:58 Are #Hyperliquid's tokenized equities perps asking for SEC trouble? 🤺 38:48 #Kamino v. #Jupiter drama 🧐 44:59 Does #Solana’s commercial tilt encourage more “gloves off” competition? 👀 50:51 Will Kamino users exit en masse? ❕️51:32 #Anthropic's smart contract study coincides with #Yearn Finance hack 💡 54:40 How AI can help bolster crypto security

Name & Symbol: Kamino ($KMNO)
Address: KMNo3nJsBXfcpJTVhZcXLW7RmTwTt4GVFE7suUBo9sS

Firstly, I have no special knowledge about this situation that isn’t public, but think it’s less sinister than is implied. Secondly, I think this is a really interesting capital structure for the Berachain round, and likely was this way to satisfy some specific needs of the investor and/or Berachain. I’m a big fan of Chesterton’s Fence, so let’s speculate on why this fence was built. The summarized claim made in this article is that Brevan Howard, which co-led the Series B round, had a side letter with refund rights. There is also a typical “most favored nation” clause so any better, future SAFT agreements must keep Brevan Howard on equivalent terms as the newer, better agreements. So what exposure does Brevan Howard get from this arrangement? $25m paid for tokens, with a right for a refund in the first year. So you have the upside if the token moons, but some level of downside protection if it tanks. This sounds a bit like convertible debt. If Brevan Howard had loaned Berachain $25m at 0% interest, but it converted to tokens if it was above $3, then you would have a similar exposure. Similar would become even more equivalent if the convertible debt was put-able (they could demand repayment at any time). Personally, I don’t think people would be making so much noise about this had it been structured as a $25m convertible, put-able note. So why didn’t they do it that way? Leaving aside PR of having Brevan Howard co-lead a round — which I don’t find compelling because you’d still have the headline that they were investing $25m in Berachain — what problems does it solve to have a token sale that acts like debt instead of debt that acts like a token sale? From Berachain’s perspective, it’s almost assuredly better to use token sale with refund rights. Debt is a liability, and would perhaps make them technically insolvent if not managed to avoid it. You also would have to use fairly sophisticated accounting for the embedded derivative in the debt. That’s probably a lot easier to do with a token purchase that has a 1 year refund window. So for Berachain, this makes the capital structure simpler and the balance sheet cleaner than with a comparable debt structure. Now, if this had been done with equity, I agree this could be venturing into a legal battle. You effectively are making Brevan Howard senior in claims (just like it would with debt) to other investors in the Series B. Except… these are tokens. How can you be senior in claims on a token when there’s no claims to make (that I’m aware of)? Tokens are a product, manufactured by the issuer. Berachain does not owe fiduciary duty to token purchasers any more than a guy at the farmer’s market owes fiduciary duty to me for buying some parsnips. Importantly, unlike with equity, there’s probably no legally persuasive expectation of being pari passu like within a share class. While debt is a foreign concept to most crypto startups (although I had one offer me convertible debt as a way to angel invest this year, but they were on the sophisticated side), different lockup or vesting schedules is not. So the idea that one investor may finagle a sweeter deal than a smaller one is not lacking precedent. At the end of the day, people have to remember that tokens are not equity. This is not akin to taking money for equity and secretly giving a way out to one investor. What we call investors are more like customers, at least in their relationship to a token issuer. They buy a product (a token) at a price. Brevan Howard just did a good job in negotiating a favorable return policy identical to that of IKEA, Athlete, Home Depot, or Kohl’s.

Name & Symbol: TokenFi ($TOKEN)
Address: 0x4507cef57c46789ef8d1a19ea45f4216bae2b528

Stablecoins are everywhere, but who wins the race? 🏁 Amid the plethora of announcements we saw this week, @HadickM & @hexonaut joined me to break down: 😨 Why Ethena’s USDe lost $5B in market cap in 20 days 🏦 Stripe’s Tempo vs. Circle’s Arc: can they compete with Tether? 🔥 How TradFi giants are entering the stablecoin games Timestamps: 🎬 0:00 Intro and ads: @binance 📉 1:09 Why Ethena’s #USDe plunged from $15B to $10B 🔮 5:34 Rob’s view on the future of Ethena 💸 7:06 Why Spark exited #Ethena despite being an early believer ⚔️ 11:32 Protocol-native stablecoins—and why Rob and Sam disagree about the trend 💡 21:03 What it really takes to win the stablecoin wars + what makes Tempo's strategy “interesting” 💳 32:11 Tether’s USAT launch: can it succeed? 🏦 36:27 How #Tether and #Ripple are using the same acquisition playbook 🔥 39:40 Plasma’s emissions strategy and whether it’s sustainable 🏛️ 44:10 Inside #Circle’s #Arc testnet and its 100+ institutional partners ⛓️ 51:08 #Codex and the debate: should stablechains be L1s or L2s? 💵 56:42 How @sparkdotfi aims to stand out in the new wave of stablecoin competition 🏢 1:00:04 Why TradFi players are entering the space with so much strength 🚀 1:06:04 Why Rob remains so bullish on the future of #stablecoins

Name & Symbol: AI Rig Complex ($arc)
Address: 61V8vBaqAGMpgDQi4JcAwo1dmBGHsyhzodcPqnEVpump

Totally agree on this and huge thanks to @laurashin for this golden video Arthur Hayes isn’t just trading tokens anymore he’s actually buying the companies behind them. To see how deep he’s going with this move, watch this Unchained episode featuring @CryptoHayes & Adam Schlegel Where they talk about: • Maelstrom’s $250M private equity fund built to buy strong crypto firms • Adam’s journey from Morgan Stanley to Haveli to Maelstrom • Why Maelstrom believes the next big crypto wave lies in private equity • How investing has evolved from beta to venture capital to real revenue • The focus on Asia and LatAm’s overlooked crypto opportunities • How Maelstrom evaluates companies and performs due diligence • Inside their $250M anchor fund and LP co-investment model • The types of companies they’re targeting and fund structure details • Why Arthur believes the four-year market cycle is dead • Investor requirements and the $5M minimum commitment • What Coinbase’s Echo acquisition means for the future of exchanges • How DEX perps are pushing CEXs into zero-fee trading wars • Thoughts on Binance, ADL liquidations, and leverage risk • Prediction markets like Polymarket, Kalshi, and Limitless • Why falling rates could hit Tether and Circle but boost Ethena • who Arthur thinks will lead the next phase of crypto’s evolution If you care about where the market’s truly heading, this conversation is worth your time.

Name & Symbol: Echo Protocol ($ECHO)
Address: 0x06238c1b8e618abedf17669228dc95fb2d2e210b

Arthur Hayes isn’t just trading tokens... he’s buying the companies behind them! ⚔️ On @unchained_pod, @CryptoHayes & Adam Schlegel reveal: 💼 Why Maelstrom is raising $250M to buy crypto’s cash machines 📈 The shift from tokens → venture capital → real revenue ⚔️ How DEX perps are forcing CEXes into zero-fee wars 💵 Why falling rates could crush Tether and Circle but boost Ethena Timestamps: 🎬 0:00 Intro 📰 1:08 @MaelstromFund0's $250M private equity fund to buy crypto firms 👤 1:42 Adam’s background and path from Morgan Stanley to Haveli to Maelstrom 💼 3:51 Why Maelstrom believes the next crypto boom is in private equity 📈 4:42 Arthur on how crypto investing evolved from beta → VC → PE 🌏 10:05 Geographic focus: Asia and LatAm’s overlooked crypto firms 🧭 11:49 How Maelstrom evaluates targets and performs due diligence 🛠️ 17:02 Inside Maelstrom’s $250M anchor fund and LP co-invest model 👀 26:01 The types of companies Maelstrom is targeting ⚙️ 30:16 Fund structure and Arthur’s role in Maelstrom PE 📊 36:05 “The four-year cycle is dead”: Arthur on today’s crypto market 💰 39:18 Investor requirements and $5M minimum commitment 🏦 42:09 Coinbase’s #Echo acquisition and what it means for exchanges ⚔️ 47:59 The perps war, how DEXs are forcing CEXs toward zero-fee trading 💥 52:18 #Binance, ADL liquidations, and leverage risk 🔮 56:27 Prediction markets: #Polymarket vs #Kalshi vs #Limitless 💵 59:06 Stablecoins and rates, why #Tether and #Circle could lose to @ethena_labs 📈 1:04:15 Who wins the next phase of crypto’s evolution 🔚 1:08:14 Closing thoughts

Name & Symbol: Echo Protocol ($ECHO)
Address: 0x06238c1b8e618abedf17669228dc95fb2d2e210b

Crypto M&A is heating up 🔥 Coinbase just bought Echo, and @CryptoHayes has $250 M ready to deploy. What does all this consolidation mean for the industry? We’re live! 🎙️ https://t.co/Hl3yaE5zDg

Name & Symbol: Echo Protocol ($ECHO)
Address: 0x06238c1b8e618abedf17669228dc95fb2d2e210b

Unchained is already on Zora, Pods, and Fountain... and now PumpFun! If crypto is reinventing media, I want to see it firsthand. We’re live, come chat about it! 💬 https://t.co/IJLueBibYc

Name & Symbol: Zora ($ZORA)
Address: 0x1111111111166b7fe7bd91427724b487980afc69

In today’s Unchained Daily: • 🔥 Hyperliquid’s Jeff Yan calls out the “revenue FUD” • 🧠 DeFiLlama brings Aster back, but questions remain • 🧰 Binance bots busted — 600 accounts banned • 💸 OpenSea plans a SEA drop that gives back to the community 🎯 Read it now… and make sure you never miss one. Subscribe! https://t.co/v8bx1h9F2s

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

Retail = exit liquidity 😬 @cjhtech exposes how projects pay 8% of token supply for listings — only to dump on users later. 💸 https://t.co/SWRvcKfDGD

Name & Symbol: TokenFi ($TOKEN)
Address: 0x4507cef57c46789ef8d1a19ea45f4216bae2b528

Aster did an airdrop of 300M to the users The users: https://t.co/rV8x9jmjHK

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

Only four assets out of the 429 in total on Binance (spot only) are up from the pre-crash prices. Zcash - up 17% RDNT - up 15% Succinct - up 12% Morpho - up 3% The remaining 425 assets are all down https://t.co/CaF3augxv2

Name & Symbol: Succinct ($PROVE)
Address: 0x7ddf164cecfddd0f992299d033b5a11279a15929

Only four assets out of the 429 in total on Binance (spot only) are up from the pre-crash prices. Zcash - up 17% RDNT - up 15% Succinct - up 12% Morpho - up 3% The remaining 425 assets are all down https://t.co/CaF3augxv2

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

“hardcoding USDe’s price to USDT… presents significant advantages without increasing the protocol’s risk” ~$30B was wiped in yesterday’s liquidation cascade. but it could’ve been so much worse... while $USDE depegged across defi and on most exchanges yesterday, its oracle price on aave was hardcoded to $1 that single decision effectively protected billions in levered positions most of the leverage in defi right now is built on looping $USDE. across plasma + eth markets, there’s over $2.6B supplied, with many farming that ~50% APY because aave used the USDT oracle, none of those positions got touched. no cascade. no wipeout. nothing. 😅

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

My thoughts on yesterday’s crypto crash: TLDR: We’ll be fine. We always are. I’ve been in this industry for 9 years now, and I’d say I’ve really seen it all. The COVID crash, the $LUNA meltdown, the FTX collapse, you name it. But what we witnessed yesterday felt very different from most things I’ve experienced before. While many coins look completely wrecked on the charts, it didn’t feel as dramatic to me as some of the true black swan events we’ve seen in the past. Don’t get me wrong, I’m not trying to downplay it. Yesterday was the largest liquidation event in crypto history, and my heart genuinely goes out to everyone - friends, colleagues, and beyond - who suffered massive losses that will take a long time to recover from. I wish this on no one. However, while we still don’t fully understand what happened, the big difference this time is that there doesn’t seem to be a fundamental reason for such an extreme crash. Sure, Trump’s tariff threats against China might have started the dump, but that alone surely doesn’t justify -99% crashes across major caps. It really feels like something went seriously wrong behind the scenes at Binance or a major market maker, triggering a one-of-a-kind liquidation cascade that wiped out liquidity across the board and sent some assets literally to zero. As much as I criticize Binance at times, they’ve always had the most robust trading infrastructure in the industry. So seeing price action like this even happen on their platform felt very strange, and even stranger was the fact that Binance literally stopped working for 10–20 minutes when I tried to buy those -90% dips. That suspicion grew even stronger when I switched to DEXs to buy. Prices there for assets like $PUMP or $JTO were around 25% higher than on Binance. Tokens like $CARDS, which aren’t listed on major exchanges, were affected significantly less. Normally, during fundamental market crashes, it’s exactly the other way around. Rumors are already flying, and I’m sure we’ll get more clarity in the next few days. But from what I can judge and from almost a decade of living and breathing this industry: my gut says this was a massive technical issue, not a fundamental one. And that, to me, is bullish. For context, the COVID crash and FTX collapse hit me hard. Back then, I genuinely thought it might be over. I remember feeling anxious for days, even weeks, questioning my entire future in this space. This time felt completely different. I bought immediately, and after reflecting for about 10 hours, I want to buy even more. I know many of you are going through a tough time right now, and I’m deeply sorry for your losses. Nobody could have predicted this and trust me, even the biggest OGs and professionals in this space got hit badly. But nothing fundamental has changed about this industry. The only question you should ask yourself right now is: “How much do I truly believe in crypto long term?” If you doubt that crypto as a whole can survive or thrive long term, I understand why you might be too afraid to buy right now. But in that case, you probably weren’t here for the right reasons to begin with. As for me, I have zero doubt. This industry isn’t just here to stay, it’s on track to 10x from here and beyond. It’s only a matter of time. So why would I panic over a technical glitch that caused prices to drop -99%? Of course, it’s painful, but rationally speaking, this might be one of the greatest opportunities you’ll ever get in your lifetime. Don’t bury your head in the sand, not after everything we’ve survived over the past years. Events like this separate the wheat from the chaff, the winners from the losers. If it’s even remotely possible for you right now, just survive. That’s all you need to do. I promise you, you won’t regret it.

Name & Symbol: Pump.fun ($PUMP)
Address: pumpCmXqMfrsAkQ5r49WcJnRayYRqmXz6ae8H7H9Dfn

$10B liquidation event, biggest in history but look at what didn't break: hyperliquid printed $20M fees, aave/pendle/fluid had zero downtime, ZEC went inverse and recovered in an hour liquidity and infrastructure resilience just separated real from fake accumulation happening on aave at $215, hype doing record buybacks this is where you find what survives

Name & Symbol: Fluid ($FLUID)
Address: 0x6f40d4a6237c257fff2db00fa0510deeecd303eb

The $10B liquidation figure floating around is fake, the real number is likely much higher, somewhere in the $30B–$40B+ range. On Hyperliquid alone, nearly $7B was liquidated. Here’s the full breakdown for anyone interested: Total liquidations since 20:45 UTC: - Total Value: $6,702,223,168.08 - Total Backstop: $4,352,720,741.58 - Total Market: $2,349,502,426.49 Breakdown by asset (top 10 by market): - BTC: $781,848,860.51 - ETH: $539,690,395.94 - SOL: $246,037,906.19 - HYPE: $116,710,437.27 - DOGE: $76,753,273.71 - ASTER: $76,606,241.66 - XRP: $73,144,750.79 - XPL: $43,076,401.99 - ENA: $32,104,013.63 - PUMP: $30,501,142.72 All data is sourced from the Liquidations Telegram. The channel was deleted mid-crash for spamming, but since they log everything separately in their own database, the full dataset is still available.

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

The $10B liquidation figure floating around is fake, the real number is likely much higher, somewhere in the $30B–$40B+ range. On Hyperliquid alone, nearly $7B was liquidated. Here’s the full breakdown for anyone interested: Total liquidations since 20:45 UTC: - Total Value: $6,702,223,168.08 - Total Backstop: $4,352,720,741.58 - Total Market: $2,349,502,426.49 Breakdown by asset (top 10 by market): - BTC: $781,848,860.51 - ETH: $539,690,395.94 - SOL: $246,037,906.19 - HYPE: $116,710,437.27 - DOGE: $76,753,273.71 - ASTER: $76,606,241.66 - XRP: $73,144,750.79 - XPL: $43,076,401.99 - ENA: $32,104,013.63 - PUMP: $30,501,142.72 All data is sourced from the Liquidations Telegram. The channel was deleted mid-crash for spamming, but since they log everything separately in their own database, the full dataset is still available.

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

The $10B liquidation figure floating around is fake, the real number is likely much higher, somewhere in the $30B–$40B+ range. On Hyperliquid alone, nearly $7B was liquidated. Here’s the full breakdown for anyone interested: Total liquidations since 20:45 UTC: - Total Value: $6,702,223,168.08 - Total Backstop: $4,352,720,741.58 - Total Market: $2,349,502,426.49 Breakdown by asset (top 10 by market): - BTC: $781,848,860.51 - ETH: $539,690,395.94 - SOL: $246,037,906.19 - HYPE: $116,710,437.27 - DOGE: $76,753,273.71 - ASTER: $76,606,241.66 - XRP: $73,144,750.79 - XPL: $43,076,401.99 - ENA: $32,104,013.63 - PUMP: $30,501,142.72 All data is sourced from the Liquidations Telegram. The channel was deleted mid-crash for spamming, but since they log everything separately in their own database, the full dataset is still available.

Name & Symbol: Pump.fun ($PUMP)
Address: pumpCmXqMfrsAkQ5r49WcJnRayYRqmXz6ae8H7H9Dfn

Unchained is LIVE today at 9am ET! @HadickM and @0xMert_ join me to discuss stablechains and stablecoin mania. 📺 Tune in here on X or on YouTube or PumpFun! 👀 https://t.co/i0nYM8c2Gq

Name & Symbol: TaleX ($X)
Address: 0x0510101ec6c49d24ed911f0011e22a0d697ee776

In today’s Unchained Daily: • 🤑 Grayscale’s ETH holders can now earn staking rewards • 🧩 Polygon’s POL token might get a major makeover • 💫 PLUME flies after SEC gives it the green light And more! 🌎 Read today’s must-know crypto news… and subscribe! https://t.co/CCL8pzn7yb

Name & Symbol: Plume ($PLUME)
Address: 0x4c1746a800d224393fe2470c70a35717ed4ea5f1

In today’s Unchained Daily: • 🚫 DeFiLlama drops Aster data after questionable volume pattern • 💥 Bitcoin rockets past $125K and counting • 🪙 MetaMask’s $30M rewards season kicks off • 🏦 Walmart’s OnePay app gears up for crypto rollout 🎯 Read it now… and make sure you never miss one. Subscribe! https://t.co/FT5VEAqbSQ

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

We've been investigating aster volumes and recently their volumes have started mirroring binance perp volumes almost exactly Chart on the left is XRPUSDT on aster, you can see the volume ratio vs binance is ~1 Chart on the right is XRP perp volume on hyperliquid, where there's some decorrelation Aster doesn't make it possible to get lower level data such as who is making and filling orders, so until we can get that data to verify if there's washtrading, aster perp volumes will be delisted

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

Aster may be Binance-backed, but @RyanWatkins_ says Hyperliquid already beat Binance on the hottest new token launches 👀 That’s why CEXs are nervous https://t.co/4vEtrBSoE9

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

In today’s Unchained Daily: • 📈 Perp DEXes cross the $1T monthly line • 🚀 Bitcoin’s Uptober run hits $121K • ⏰ CME wants crypto trading all day, every day • 🪙 VanEck eyes staked ETH ETF with Lido • 🎧 DoubleZero’s new “internet for crypto” explained 📈 Read the latest update… and get more daily! Subscribe. https://t.co/ZKE8FyKJvz

Name & Symbol: DoubleZero ($2Z)
Address: J6pQQ3FAcJQeWPPGppWRb4nM8jU3wLyYbRrLh7feMfvd

Could NASDAQ trading actually move onchain? 📊 @Austin_Federa says DoubleZero could be the network that makes it possible. https://t.co/8NpA3cGsCt

Name & Symbol: DoubleZero ($2Z)
Address: J6pQQ3FAcJQeWPPGppWRb4nM8jU3wLyYbRrLh7feMfvd

.@DoubleZero launched its mainnet today! Here’s everything you need to know about it. (Plus: what happened with the big allocation to Jump?) https://t.co/hRvYwFWYzT

Name & Symbol: DoubleZero ($2Z)
Address: J6pQQ3FAcJQeWPPGppWRb4nM8jU3wLyYbRrLh7feMfvd

JUST IN: DoubleZero launched its mainnet-beta! It’s a new physical network aimed at improving performance for distributed systems like blockchains. I spoke with @austin_federa about: 📶 Network architecture 📜 The SEC’s no-action letter 🪙 The role of the 2Z token Timestamps: 🎬 0:00 Introduction and ads: Token2049 and Binance 🌐 0:59 What’s wrong with the public internet—and why crypto needs its own ⚡ 5:28 How DoubleZero is building a dedicated network for blockchains 🌍 7:54 How the physical world gets integrated into the blockchain economy ⏱️ 10:49 Why traders demand more determinism in transaction times 🛠️ 13:09 How anyone can become a contributor to the DoubleZero network 🚫 14:32 Why Ethereum might not be the right fit for this product 💰 16:06 What role the 2Z token plays in the ecosystem 🔥 23:12 Why Jump’s token allocation sparked controversy ⚖️ 27:40 What the SEC’s no-action letter really means for DePIN 🏆 32:59 If DoubleZero succeeds, who will come out on top?

Name & Symbol: DoubleZero ($2Z)
Address: J6pQQ3FAcJQeWPPGppWRb4nM8jU3wLyYbRrLh7feMfvd

In today’s Unchained Daily: • 🚨 Plasma insists no insider dumping of XPL • 🪓 $21M hack hits SBI’s Bitcoin mining pool • 🇺🇸 Polymarket returns to U.S. with CFTC license • 🎙️ Why Manta ditched the crowded L2 race ⚡ Read today’s biggest crypto news… and subscribe for more! https://t.co/duaJdqdeml

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

We’ve seen a number of rumors circulating since the launch of XPL and want to set the record straight. 1/ No team members have sold any XPL. All investor and team XPL is locked for 3 years with a 1 year cliff. 2/ Of our team of ~50, three spent time at Blur or Blast. Our team members also come from Google, Facebook, Square, Temasek, Goldman Sachs, and Nuvei. To say our team is "ex-Blast" is to say it is "ex" any of these firms. We are proud of the team we've assembled at Plasma. 3/ We have not engaged Wintermute as a market maker and have never contracted with Wintermute for any of their services. We have the same information as the public on Wintermute's ownership of XPL. We are laser-focused on building the future of money and won’t be commenting further. We remain incredibly grateful for our community's support. Now back to work. Trillions.

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

Hyperliquid vs Aster https://t.co/UM4MCa4wrv

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

🚨 Hey all! I'm going live in a little over an hour to talk about Hyperliquid vs ⚔ Aster with @RyanWatkins_ and @defi_monk! Stream it here on X, PumpFun, or YouTube! 👀

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

People hate on Pump, but it’s the only streaming platform actually paying creators well. Gifting = low payouts + platforms taking a big cut → creators rely on sponsors for revenue. Tokens = real upside. More $$ per stream + incentive to keep creating better content. If I were starting out, I’d stream on Pump.

Name & Symbol: Pump.fun ($PUMP)
Address: pumpCmXqMfrsAkQ5r49WcJnRayYRqmXz6ae8H7H9Dfn

We should be supporting people like Laura streaming on pump fun. We should want reputable, long standing media companies and good actors in the space to embrace the experimentation of a web3 streaming platform. Even though she has no plans to do anything with the token, I’d much rather buy this than the latest shock-jock streamer climbing the Hollywood sign to pump their own token. And even though Laura has no plans to do anything with the token, its platforms like theirs that could actually move the needle for more creators to adopt streaming on pump. TLDR: Give me more Laura’s on pump and less slop

Name & Symbol: Pump.fun ($PUMP)
Address: pumpCmXqMfrsAkQ5r49WcJnRayYRqmXz6ae8H7H9Dfn

I’m going to say one more thing about this announcement that has triggered widely divergent reactions. The negative responses are mostly from ETH people, possibly because Pump is on Solana. The shade I’ve seen from ETH people toward Solana recently reminds me of how Bitcoiners used to look down on Ethereum starting from all the way back in 2014. It even reminds me of how in 2015, I would hear TradFi/Wall Street people (and normies generally) calling Bitcoin “criminal money.” It reminds me of how any incumbent anywhere looks down on upstarts. This is human nature. I myself am like this. So here’s my “it’s 11pm and I want to get out a few lines on Pump” take: - yes, a lot of people have lost money on Pump (but maybe it’s good if publications like ours that have been around for almost a decade go on there?) - but also, Pump is the most successful crypto company of this last cycle — if this platform ends up being big, we won’t regret getting on there early and building an audience there - Pump is experimenting wth better ways to compensate creators since everyone agrees that Web2 has been atrocious in paying creators. EXPERIMENTATION IS GOOD. (If you’re into crypto but not into innovation, then let me suggest you may not be in the right industry.) - we’re doing more live-streaming and Pump is a live-streaming platform so it’s a good fit - we have done I think all the other crypto media platforms: Pods, Fountain, Zora, Drakula … BECAUSE WE ARE A CRYPTO MEDIA COMPANY. - do I know everything about how this will go? I do not. In fact, I do not know how well this night’s sleep I’m about to embark on will go. I do not know how well flossing my teeth will go! I literally for the first time in my life last night appear to have hurt my gum from flossing! I’m way too old to be messing up an activity that I’ve been doing for way longer than most of you have been alive! So in short, to end this tweet, I’ll just say: Hyperliquid 🤪

Name & Symbol: Pump.fun ($PUMP)
Address: pumpCmXqMfrsAkQ5r49WcJnRayYRqmXz6ae8H7H9Dfn

In today’s Unchained Daily: 🚀 Solana may lose its block size cap after Alpenglow 🎨 Hyperliquid drops NFTs + opens up spot quotes 💰 Aster rakes in more fees than Circle & Uniswap 🕵️ SEC and FINRA eye 200 firms’ crypto announcements 🎯 Read it now… and make sure you never miss one. Subscribe! https://t.co/l5Vb6o9xw9

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

The stablechain race is on. But Plasma’s live. Stripe’s Tempo isn’t. Circle’s Arc isn’t. Does first mover win? w/ @sethginns on @Unchained_pod https://t.co/zzCOeKMDTh

Name & Symbol: AI Rig Complex ($arc)
Address: 61V8vBaqAGMpgDQi4JcAwo1dmBGHsyhzodcPqnEVpump

The stablechain race is on. But Plasma’s live. Stripe’s Tempo isn’t. Circle’s Arc isn’t. Does first mover win? w/ @sethginns on @Unchained_pod https://t.co/zzCOeKMDTh

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

Tether-backed stablechain #Plasma just launched along with its $XPL token (and according to what I see on CT, plenty of you are very happy 😀) I spoke with @sethginns of @coinfund_io about what he feels makes this stablecoin chain different: 💸 Near-zero fees 🏦 Built-in neobank 🪙 Billion-dollar ICO 🤝 Close ties to Tether Timestamps: 🎬 0:00 Intro 🚀 1:32 Why Seth and CoinFund are so excited about Plasma’s launch 💵 4:46 How much #Tether is actually tied to Plasma 🔑 6:52 What makes Plasma different from other stablecoin blockchains 🏦 8:39 Why the Plasma One neobank could be a game changer 🔗 11:12 How DeFi integrations give Plasma a crucial early advantage 🧠 15:10 Why Seth believes the ICO was handled in a smart way 📊 17:07 What to expect from the XPL tokenomics and its utility 🌍 18:26 How Plasma could reshape geopolitics given USDT’s global use ⚡ 21:49 How the #USAT launch ties into Plasma’s stablecoin vision 🏁 26:06 How the “big stablecoin race” against #Circle, #Stripe, and others might ultimately play out

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

Plasma vs. Stripe and Circle. TVL vs. revenue. Twitch vs. PumpFun. On @Unchained_pod with @sethginns, @calilyliu, @VelvetMilkman: 💸 How Plasma’s first-mover edge works 📊 Why fees tell the truth 🎮 Can creator coins financialize streaming? Dive in 🎧👇 https://t.co/Bmyp8y4g3b

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

Stablecoin Chain Plasma Just Launched. Here’s the Bull Case The stablechain race is on. But Plasma’s live. Stripe’s Tempo isn’t. Circle’s chan isn’t. Does the first mover win? w/ @SethGinns on @unchained_pod Timestamps: 🎬 0:00 Intro 🚀 1:32 Why Seth and @coinfund_io are so excited about Plasma’s launch 💵 4:46 How much #Tether is actually tied to Plasma 🔑 6:52 What makes #Plasma different from other stablecoin blockchains 🏦 8:39 Why the #PlasmaOne neobank could be a game changer 🔗 11:12 How DeFi integrations give Plasma a crucial early advantage 🧠 15:10 Why Seth believes the ICO was handled in a smart way 📊 17:07 What to expect from the #XPL tokenomics and its utility 🌍 18:26 How Plasma could reshape geopolitics given USDT’s global use ⚡ 21:49 How the #USAT launch ties into Plasma’s stablecoin vision 🏁 26:06 How the “big stablecoin race” against #Circle, #Stripe, and others might ultimately play out

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

Why is $XPL on @Aster_DEX capped at 1.2240? Orders above 1.2240 get rejected instantly $aster https://t.co/YyL3ln6Fdl

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

Why is $XPL on @Aster_DEX capped at 1.2240? Orders above 1.2240 get rejected instantly $aster https://t.co/YyL3ln6Fdl

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

PUMP 🚀, app revenue, Plasma & markets https://t.co/WilWutLtQ5

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

In today’s Unchained Daily: • 💥 Aster just leapfrogged Hyperliquid in volume • 🪙 USDH makes a splash, passing USDC on day one • ⚖️ Senators put Trump’s WLFI deal under the microscope ⚡ Read today’s biggest crypto news… and subscribe for more! https://t.co/kPEVuadFl4 https://t.co/3rKcGJfd6N

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

"we don't want to be a crypto company" is actually genius positioning from @sapijiju pump is basically saying we're not here to make another degen casino we're here to build better creator economics than youtube/tiktok dynamic creator fees based on engagement vs web2's fixed ad revenue splits the 100x thesis makes sense when you realize most web2 creators get pennies while pump devs can earn $5k per $10m volume flipping from memes to mainstream by just... paying better sometimes the simplest strategies work

Name & Symbol: Pump.fun ($PUMP)
Address: pumpCmXqMfrsAkQ5r49WcJnRayYRqmXz6ae8H7H9Dfn

“We don’t want to be a crypto company” Pump’s @sapijiju says the real game is to pay creators better than Web2 does 💸 Dynamic creator fees 📈 100x-better product thesis Can incentives flip Pump from memes to mainstream? https://t.co/0JGivh5uoh

Name & Symbol: Pump.fun ($PUMP)
Address: pumpCmXqMfrsAkQ5r49WcJnRayYRqmXz6ae8H7H9Dfn

A crypto native app evolve can into a mainstream platform? In the latest episode of @Unchained_pod , @sapijiju break down Pump ambitiou plan to move past being “just another token app” and become a hub for creator and communities everywhere. Some key theme from the convo : > Why “buybacks” don’t equal long term sustainability > Rethinking discovery to give real project visibility > Tackling bot fake launch and user churn head on > How Pump could rival YouTube/Twitch through streaming and content It’s not just about crypto trade it’s about whether Pump can shift into a consumer platform people actually want to spend time on. Big thanks @laurashin to give us a useful video 🎧 Worth a listen if you’re curious about where social + crypto is heading next here is the youtube video link - https://t.co/3efmth3w7A see all

Name & Symbol: Pump.fun ($PUMP)
Address: pumpCmXqMfrsAkQ5r49WcJnRayYRqmXz6ae8H7H9Dfn