I’ve been excited for the onchain options to take off this year, so I wanted to cover another project getting into the space. Hypercall is an onchain options exchange built on the HyperEVM by the Synapse team. It’s live on mainnet alpha right now, and the team is pretty open about going for the largest onchain options venue.

The most exci

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Preface: It’s October 2026, 4 months from now, GLM-6 was just released and it beats Fable-5.1 (the neutered re-release of the banned model) and it’s at par with Mythos on all the major benchmarks. The US government can’t shut it down so they issue... Read more

TLDR

Trump told reporters on Air Force One Friday that the government is looking at taking stakes in the leading AI companies, with the big names headed to the White House shortly. If you have been tracking the INTC, DELL and IBM callouts like I have, you already know why that headline matters. Washington has gone from owning zero public

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If you’ve been following our leading indicators, today’s inflation data should not surprise you.

Our leading indicators have been signaling growing upside risks to inflation over the past 3 months. This is a material change from the pre-war outlook, and a reversal of a key source of relative macro resilience today vs 2022’s Russian invasi

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FMI back down to the lowest levels since the 2nd February this year at a 9.2 print

OI surge and Funding heat pulled back heavily over the past week with only 1 component out of the 7 elevated

The risk here still remains low for an Altcoin wipeout/flush; the past week’s flush was largely due to $BTC falling off a cliff and large profit t

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TLDR

MNT trades like the buyback-and-burn is never coming. At ~$1.7B it carries none of the scarcity premium the market pays BNB and OKB for and that gap only makes sense if you assume the one mechanism that earned them that premium simply won’t arrive for MNT. That’s the mispricing because the business is further along than the price

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The big news last week was the Nasdaq dropping 4% on Friday, taking us back to where we were a month ago (we are down another 3% today as of writing). The market appears to be reassessing the likely interest rate path for the Fed. Last Friday’s strong labor market print (non farm payrolls) caused US 2y yields to sell off.

This negative s

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Strategy shareholders approved a change to STRC yesterday. It splits the monthly dividend into two smaller payments. The change was built to smooth out one specific source of friction.

Currently, STRC pays a dividend, and on each ex-dividend date, the price drops by about the payout amount, roughly $0.96. The drop is mechanical- the valu

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TLDR

The Fast Money Index (FMI) is a daily gauge of how stretched the altcoin market has become. It rolls 7 measures of speculative excess, leverage, funding, positioning, momentum, into one number from 0 to 100. A low reading means the structure is calm. A high reading means leverage and speculation have crowded in and the market is frag

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About a year ago, Trump touched down in Riyadh, shook hands with MBS, and walked away with a $600 billion Saudi investment pledge. Jensen Huang stood on the same stage and announced that 18,000 Nvidia GB300 Blackwell GPUs were heading to HUMAIN, a br... Read more