Success breeds competition. This is true in web2 but especially in crypto, where switching costs tend to be lower and users are often more mercenary. Last cycle, we saw Uniswap fend off relentless competition from Sushi and many other challengers to defend the throne. Other first movers, like Compound and OpenSea, were less lucky.

One of

Instadapp began as a DeFi Smart account platform in DeFi Summer, but has been gradually rolling out a new suite suite of products in 2024 that make up a DeFi super app called Fluid. At the base of Fluid is a liquidity layer, on top of which additional products such as Fluid Lending and Fluid DEX are built. Fluid Lending launched in Feb an

Sui is a DAG-based network that executes transactions in parallel. As a DAG-based network, it relies on multiple proposers to create blocks in a given epoch. The idea of using multiple concurrent proposers has been discussed within Ethereum’s and Solana’s ecosystems to increase throughput and decentralization. Sui and Aptos use MCP in pro

I can’t help but digest the past week through a lens much broader than crypto. 2016 was not “an anomaly” but is looking much more like the tsunami precursor, 2020 the drawback, and 2024 the real wave. On almost every level, anti-establishment undercurrents which had been bubbling for years, sprang into the mainstream simultaneously:

Twitt

With Grass doing well post airdrop and lots of discussion in the members chat I wanted to post a quick summary of the Crypto x AI Month episode, which you should still check out when you have the time. Disclosure: investor.

Grass Network is building a decentralized data layer for AI models, solving two key problems – the difficulty of acc

Wanted to give my thoughts on what happens from here on out.

1. Crypto has essentially been legalized now in America, the largest capital market in the world. On the regulation front we’ll either get new, thoughtful rules created for the industry or we’ll see a hands off approach with no new rules but no longer the extreme regulation by en

• The whole notion that Polymarket’s odds leading up to the election needed to be accurate to establish legitimacy was nonsense.

Hours ahead, every time. pic.twitter.com/97BiW58RJw

— Polymarket (@Polymarket) November 6, 2024

• The fact the Polymarket was able to consistently and accuractly resolve far earlier than MSM is truly bullish.
• P

It’s gonna be a big week.

Everyone is waiting with bated breath as the 2024 election looms large. Pre election jitters and tensions are running high, and this has manifested itself in the charts. While the theme of the few months of Market Musings memos have been quite bullish (since the August 5th lows), we cautioned readers that the pat

With only a few hours remaining until we close out another monthly candle, we want to draw attention to some notable events for BTC this Up(Oct)tober. But for starters, I’d like to say Happy Halloween y Feliz Día de los Muertos!

Seasonality

This month’s return for BTC was ~11.5%. I suppose they call it Uptober for a reason, seeing that th

Starknet is in the midst of several major upgrades, recently pushing its Bolt upgrade and pressing towards its Cairo-native upgrade for the end of 2024. Starknet’s native account abstraction has always offered a strong UX that was masked by slow transactions.

Starknet is flaunting its impressive UX and stress-testing the improvements by l