Wanted to quickly put World Markets on your radar. Been following them for a couple of weeks ahead of the MegaETH launch and their team is cracked. It’s a fully onchain DEX with universal margin → spot + perps + lending unified. 

So, you can earn yield on your lent USDm and use it for collateral to trade spot or perps or both with leverag

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The vibes in D.C. this past Tuesday were somewhere between a corporate merger and a bar fight. After months of the CLARITY Act sitting in legislative gridlock, the Trump White House locked the banking industry and the crypto heavyweights in a room for another round of talks.

Spoiler: still no deal.

The real kicker today wasn’t just the la

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Last time we covered Ostium was in our Year Ahead reports. First time was in July 2024 when it was still on testnet. Much has happened since then. Total volume traded exceeds $39.4B. Total fees sit at over $18.5m. Gold (XAU/USD) is the most traded... Read more

While we may feel drowned in blockspace with new chains and new apps, MegaETH’s go-to-market and mainnet launch have felt surprisingly refreshing, at least to me. I really enjoy their whole aesthetic, design, comms, etc, and how alot of the ecosystem... Read more

BTC has flipped back into a MIXED regime following a 33-day Cooperation stretch, signaling a transition phase rather than a confirmed trend continuation. Historical regime behavior suggests markets typically require a sustained 20+ day return to Coo... Read more

pain pain pain pain pain.

Most crypto participants right now are bereft of hope, sending old tweets into various group chats to feel nostalgic for a past, more hopeful time when crypto’s outlook felt so sure, trailblazing, and contrarian.  The current wallowing seems less about price performance (though that has been painful aside from HY

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I was frustrated there wasn’t much data aggregation for Lighter and $LIT so I vibe coded this dashboard.   Now you can do some Lighter sleuthing – trader leaderboards, wallet PnL, volume trends, market activity.

For now the app is just hosted on vercel: https://lighter-research.vercel.app/

This product is in beta a... Read more

Regime Duration, Compression and the Statistics of Extended Cooperation

Bitcoin moves through repeatable regime states shaped by volatility, liquidity, and participant behavior. From a game theory perspective, Cooperation is less about direction, but rather it is more about what the market is setting up. These phases allow leverage to res

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I’ve been getting hammered with questions from funds and retail about Lighter over the past few weeks.

The token is down and Vlads tweets get aggressively shorted.

My read is Lighter is in a much better position than the price action suggests. The real issue is not a lack of product or talent, but a lack of transparency around tokenomics,

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