The article explores the evolution of AI model improvement techniques from pre-training scaling laws to reasoning models and test-time compute scaling. It highlights DeepSeek's innovative use of reinforcement learning (RL) to train models like R1-Zero, showcasing a shift towards decentralization. The DeepSeek team bypassed traditional supervised fine-tuning (SFT) and used group relative policy optimization (GRPO) in RL training. This approach led to improved reasoning capabilities but issues ......
2 hours ago Reads
http://x.com/i/article/1907392593870061568
4 hours ago Tweets
Introducing MonadBFT!
Category Labs unveils the future consensus protocol for @monad_xyz. MonadBFT is designed for speed (10k tx/s), security, and sub-second finality, ensuring the network aligns efficiently on valid blocks.
Let's dive into what makes it special! 👇
4 hours ago Tweets
4 hours ago Reads
Grass scraped over 57,000,000 GB of public web data in Q1. Since the Sion upgrade, scraping volume has grown 320x.
In March alone, the network averaged 1,100,000 GB per day. That’s a scale that once belonged only to the largest companies on the internet.
4 hours ago Tweets
Latest economics docs on @doublezero
Value and Prices for Solana Validators - from @theshah39
https://economics.doublezero.xyz/Value-and-Prices-for-Solana-Validators-1c78eaaee71380cabfabc0956559bfd5
4 hours ago Tweets
[🌲] PayPal Adds Solana (SOL) and Chainlink (LINK) for Customers in the U.S. and U.S. Territories.
4 hours ago Tweets
http://x.com/i/article/1906701410328322049
14 hours ago Tweets
BREAKING 🚨
circle officially filed for IPO today (S-1 with SEC)
quick numbers:
• revenue: $1.7B (+16% YoY)
• EBITDA: $285M (-29% YoY)
• net income: $155M (-42% YoY)
• valuation: targeting ~$4-5B (feels a bit low imo)
market sentiment is mixed:
• some bullish, think it’s undervalued considering USDC’s $60B market cap
• others cautious due to declining profitability & margins, especially given current macro conditions
commentary:
• IPO filing is massive for crypto ↔️ TradFi integration, ma...
19 hours ago Tweets
NEW EP: Uniswap, Ekubo, and the Rise Of Innovative DEX Designs
Most DEXs focus on new features, but what if they focused on fundamentals instead?
In today’s episode, @robbie_rollup sat down with @sendmoodz, CEO of @EkuboProtocol and @bsturisky of @Starknet to cover:
> Can a DEX really mine its own function selector to save gas?
> Why Moody bet on Starknet over Ethereum
> Are Appchains a trap?
> TWAMMs
> What happens when ETH and BTC liquidity settle on the same rollup?
Full episode links ......
1 day ago Tweets
Sonic ecosystem projects to watch out for
Lending
@eulerfinance: Custom lending markets
@aave: Battle tested money market
@SiloFinance: Isolated lending markets
Liquid Staking
@Lombard_Finance: BTC staking on Sonic
@beets_fi: Liquid staking for S
@OriginProtocol: Yield trading
@SolvProtocol: BTC staking
Yield
@roycoprotocol: Liquidity incentive market
@spectra_finance: Permissionless yield protocol
@PeapodsFinance: Volatility farming
@pendle_fi: Leading yield trading platform
@StableJack_xyz:...
1 day ago Tweets
I have a weekly call with @hjmomtazi to discuss the market. We spent almost the entire call this week debating whether ETH is doomed.
1 day ago Tweets
Could not be more excited for Ambient to come out of stealth
At @Delphi_Ventures we are proud to have co-led their first round and to participate in this most recent round
Ambient's founder @IridiumEagle is a ridiculously smart, genuine and a 1st principles thinker. We're honored to be investors in his Crypto x AI vision 🤖
You've heard of IridiumEagle before through his response to @leopoldasch 's paper called http://situational-blindness.ai and he's been a frequent guest on our own po......
1 day ago Tweets
1) We’re launching something new! Not an upgrade. Not a fork.
Meet Barter’s Superposition v1. We introduce a new way to provide liquidity — Distributed Liquidity Layer inspired by Schrödinger’s idea of superposition. Your assets are in two states at once: 💳 Earning yield while being fully accessible 🗝️ There is no more need to lock your tokens in smart contracts. Available when you need them. Productive when you don’t.
2 days ago Tweets
The article discusses the latest trends in macro and crypto presented by Real Vision's Raoul Pal and Delphi Digital's Kevin Kelly. Recorded on March 26, 2025, the panelists delve into Bitcoin price movement and market conditions. Join the conversation by leaving a comment on the post.
5 days ago Reads
This article discusses the impact of the cryptocurrency LUNA on the Terra crash, resulting in a $200 million settlement with Galaxy Digital and the New York Attorney General's office. Galaxy was accused of violating laws by promoting an asset without disclosure. The article details how Galaxy's actions allegedly contributed to the rise and fall of LUNA's value, ultimately profiting in the hundreds of millions. The settlement requires Galaxy to pay $200 million over three years and implement p......
5 days ago Reads
The newsletter discusses the impact of artificial intelligence on various sectors, including investing and politics. It highlights the challenges of achieving human-like AI in portable robots compared to datacenter AI. The article also covers Ray Kurzweil's estimates on human brain processing power and the energy efficiency of AI systems. It emphasizes the slow progress in creating economically efficient humanoid robots and suggests that AI will transform white-collar tasks more rapidly. The ......
5 days ago Reads
1/ We're excited to announce our integration with @Plaid to allow instant bank connections.
At launch, cryptonative borrowers will be able to boost their credit lines by connecting bank and CEX accounts across +12,000 U.S. financial institutions.
6 days ago Tweets
Hyperliquid just dodged a $13.5M bullet—but it exposed a critical flaw in decentralized trading.
Here's how one trader almost broke the system and how we can stop it from happening again.
🧵
6 days ago Tweets
The time is now: Walrus Mainnet is officially LIVE.
We’re here to fundamentally transform how apps use and engage with data — empowering you to do more with your data, blob by blob.
Ready to build? Go 👇
https://walrus.xyz/
6 days ago Tweets
The derivatives market giant aims to modernize financial markets through asset tokenization using Google Cloud Universal Ledger.
7 days ago Reads
While the jury is not out yet, Solana has the fundamental building blocks for something to break out on mobile and certainly many apps are making headway.
So today I’m joining @Solana as an advisor to help select companies launch & grow their apps.
For a couple years I've been discussing with @rajgokal and @aeyakovenko ways to get more involved. The ecosystem has now matured to a point where Solana apps can now top the charts so I'm ready to help build. More details to come.
8 days ago Tweets
GMX(@GMX_IO) and @MIM_Spell related contracts were hacked for ~6,262 $ETH($12.9M).
https://arbiscan.io/address/0xaf9e33aa03caaa613c3ba4221f7ea3ee2ac38649
The hacker has bridged 6,262 $ETH to #Ethereum and transferred to 3 new wallets.
https://etherscan.io/address/0xa8f822e937c982e65b0437ac81792a3ada76a1ff
https://etherscan.io/address/0x047c2a3dd1ab4105b365685d4804fe5c440b5729
https://etherscan.io/address/0x018182fd7b856aee1606d7e0aa8bca10f1cb0b5d https://x.com/lookonchain/status/190450863468153...
8 days ago Tweets
A new tool that blends your everyday work apps into one. It's the all-in-one workspace for you and your team
8 days ago Reads
8 days ago Reads
As promised – a follow up market update given the continued bounce across risk markets over the last week.
If you have any questions, please comment below or message in the PRO telegram chat and I will do my best to get back to you guys.
The markets are showing signs of life after a significant pullback, but multiple resistance
...Andrew Kang will likely become a billionaire in the coming years, and not from crypto. If you’ve been doomscrolling CT over the past week or so, you may have noticed one of the many hyperbolic takes he has on the future of robotics.
https://x.com/Rewkang/status/1900018011404460428
And his claims that this sector will reach “decatrillio
...
Let’s face it – DAO governance is a joke for token holders but works perfectly for projects looking to maintain control while cosplaying decentralization.
I don’t usually pay attention to CRO or the Crypto.com ecosystem (not sure many crypto natives really do), but they just pulled something so brazen it caught my attention and I think i
...
While perp futures dominate crypto derivatives, interest rate derivatives are still largely untapped. Interest rates steer global finance, with almost $600 trillion in notional derivatives across TradFi. In crypto, they’re volatile and critical – perp funding rates can shift from -20% to +100% APR weekly, lending yields on Aave fluctuate
...
Sign up to Delphi Pro to view.
Today, Pump.Fun launched their DEX PumpSwap. I had some thoughts on this the other day on what it meant to Raydium, and I believe it will put significant strain on their business.
...will take the opposite view of this.
pump owns the user, raydium is just back-end infra. even when users go to trade after bonding they go to jupiter. most pro
At Delphi Consulting, we’ve seen what I believe are the first signs of a very interesting pivot start to form. In the last couple of months, we’ve had a few clients bring up the idea of taking their token to market with a DEX-first approach. I believe this is not an anomaly, but rather a strong indication of how the next 1-3 years are goi
...As promised – a follow up market update given the recent bounce we’ve seen across risk assets over the last few trading sessions.
If you have any questions, please comment below or message in the PRO telegram chat and I will do my best to get back to you guys.
Hope you all enjoy!
One thing to note is that all the L2s reaching for giga gas throughput have opted for an external data availability solution. This is because one of the main bottlenecks to scaling beyond giga gas/s is data availability. The more transaction data a chain produces, the more data it has to store and make available when data correctness is r
...
The gaming team is all at GDC this week, so I thought I’d post some of my notes on the trends from the first Steam Next Fest of 2025:
Every quarter of every year since 2021, Steam, the world’s largest PC games distribution platform, has hosted the Steam Next Fest. I looked at the data from the most recent Next Fest, which ran from Februar
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Tariffs are looming, rate debates are heating up, and global markets are caught in the crossfire. With equity volatility spiking past 90-day highs and the president playing policy roulette, traders are responding. CME’s average daily volume climbed to 33.1 million contracts in February, a rush fueled by uncertainty and a growing appetite
...
