Yesterday, Succinct Labs and Espresso Systems announced their series rounds, with $55M and $28M respectively. Here’s a brief recap of the developments for each one: Succinct https://twitter.com/SuccinctLabs/status/1770843544388771914 There are a b... Read more

On-chain yields are surging right now. Ethena’s USDe offers anywhere from 25-60% yield by tokenizing funding rates. Banana Gun offers 30-80% yield through BANANA dividends (idiosyncratic risk involved here). Synthetix, GMX, and Gains Network are prov... Read more

Near field communication (NFC) is a wireless technology that allows NFC-enabled devices to securely transmit small amounts of data over short distances of 4cm or less. NFC is essentially a more secure, shorter-range version of Bluetooth. It is growin... Read more

Disclosure: I hold $PANDORA. My Pandora Thesis Many people look at the $PANDORA chart and think the 404 narrative is played out and that $PANDORA is dead. I think they are wrong. $PANDORA and 404s are probably the most exciting things to happen in... Read more

Perpetual futures — aka perps — are the most popular instrument in crypto. On any given day, perps trade ~7x more size than spot. Unfortunately, perps are still illegal in the techno-regressive United States. This forces American exchanges that want... Read more

A few days post EIP-4844 we’ve seen Base pick up activity vs the other L2s at an increasing pace. In my opinion, having a bunch of general purpose EVM chains is not the optimal scaling strategy from a social/liquidity fragmentation standpoint and one... Read more

GM – hopefully this post finds everyone safe in the aftermath of this most recent market pullback. While these moves may feel painful in the moment, they are very natural and healthy parts of a longer term bull cycle. They can even provide clues and... Read more

With market attention now primarily on Solana, memes, and BTC flows, I felt it was an excellent time to refine my thesis on the opportunity around 404s. 404s are a catch-all term I am using for semi-fungible proto-token standards that combine tokens... Read more

As more L2s start to adopt blobs we are seeing more real data come in. The dashboard from my tweet is by far the best one I have seen so far and gives a good picture on cost reductions for users & L2s. Overall, rollups are seeing a 50 to 95% decreas... Read more

Solana TVL has officially passed Arbitrum for the first time in the post-FTX era. This is impressive not just because of the comeback, but because Solana utilizes their TVL much more efficiently than other chains as well. With <$1B DEX TVL, Solana h... Read more