When Orbio launched on September 1st, the mechanism looked clever but narrow: pair ORBIO with tokenised NVDA and use part of the fees to pay for AI inference credits. It was easy to dismiss as another token with fee capture attached.

A month later, that description no longer works. Orbio has built a credit marketplace, a transferable infe

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Notional volume in September more than doubled compared to August, so here’s a quick onchain options recap (Sep vs Aug ’26): 

1. Notional more than doubled. September notional reached $4.829B, up 121.7% month over month. Every major venue except Rysk and Hypersurface grew.
2. Hypercall is on the board. Notional went from $9.4M to $538.8M, a 57

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With GRASS waking up with more clarity around its financials, I was taking another look around the DePIN sector. GEODNET caught my eye because there’s a business here that’s fairly easy to understand, a nice chart that’s made several daily volume ATHs recently, and already a clear link between people using the network and demand for the t

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What it is: Robinhood’s third annual retail-trader conference, September 29-30. The program is dominated by active-trading content: index and 0DTE options with Cboe, prediction markets across the NFL and 2026 midterms, and ETFs with State Street and BlackRock.

On paper, crypto is thin on the agenda. One panel, “TradFi Meets DeFi: Fact vs

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TLDR Every memecoin launch has the same villain. Someone bundles the opening block, sits on a big slice of supply and sells it into everyone who shows up after. Most launchpads try to stop the bundle. Mosh builds it on purpose, crowdfunds it, locks... Read more

We spoke with the Metric team earlier this month as part of our tokenized stocks research, but I think the DEX itself deserves a separate look ahead of its public app and infra launch. Today you can already trade through Metric, and possibly already... Read more

The HypeEVM is essentially a barren wasteland. Block times, throughput, and tps inherently limit the ecosystem’s ability to flourish. Txns fees spike with activity, propAMMs can’t deploy profitably at current gas limits.

So while Hyperliquid won perps, it largely failed to compete for spot trading and DeFi activity.

Elysium is Kinetiq’s

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FWA Catch-up

FWA is a gacha machine for NFTs. LPs deposit NFTs, spinners pay a fixed price to pull one at random.

LPs deposit ETH attached to their NFT, called its backing. The backing is essentially a standing bid on the NFT. When someone draws the NFT, they can keep the NFT or sell it back to the LP for 90% of the backing (or 92.5% in F

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PONS has been the revenue story and blue-chip token on Robinhood Chain so far. LONG has AI, BONER, and the most successful runners. PONS peaked at a $691M market cap on Sep 5. However, LONG may be better positioned long term. Launchpads need alignment with runners and feed off their success stories. We have seen this play out with Virtual

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The onchain options sector is the largest whitespace in crypto derivatives. Retail demand is already proven at massive scale in TradFi. And onchain, the binding constraints are no longer regulation, infra, or maker liquidity. Using Derive’s RFQ, you’... Read more