MikeS

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MikeS

04-01 15:52

When asked about the long-term primary use case for tokenized assets, 150 operators said: 37% building blocks for new financial products. 29% balance-sheet collateral. 24% liquidity and trading. Only 9% treasury management - and among issuers specifically, zero. Probably because

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MikeS

03-26 23:32

Strong launch from $PRL so far despite weak conditions. 0.15 as the clear invalidation level.

PRL2.76%

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MikeS

03-25 19:02

A good read if you want to understand Hyperliquid better - fundamentals, growth, and how the ecosystem is shaping up. Personally holding BTC, HYPE and SOL as my core long term positions.

BTC-0.3%

HYPE0.42%

SOL0.06%

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MikeS

03-24 15:42

The race to build payment rails for AI agents is accelerating. Coinbase shipped x402. ~100M agent transactions on Base. Circle launched Programmable Wallets on Solana. Now WLFI enters with AgentPay SDK: → AI agents can hold funds, transact, and settle autonomously across EVM

WLFI2.46%

SOL0.06%

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MikeS

03-23 17:02

Although Ethereum and Tron lead in stablecoin supply, Solana is already competing on transfer volume, processing ~$650B+ in February alone, ~2x prior highs. Payment and settlement flows are scaling fast (~755% YoY), alongside a few key developments: → Visa piloting USDC

ETH-1.01%

TRX0.01%

SOL0.06%

USDC-0.01%

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MikeS

03-20 19:02

USD1 has been expanding its integration footprint faster than expected. In the past few weeks: → Binance: added as collateral for margin and futures (with a 1.2x multiplier, no cap) → Dolomite: ~7.9% APY via lending, with additional $WLFI incentives → Myriad: used as the base

USD1-0.01%

IN-1.58%

DOLO3.47%

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MikeS

03-18 17:02

Timely announcement - first official S&P 500 perpetual contract on HL:

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MikeS

03-18 16:42

HIP-3 perp DEX OI just hit ~$1.3B (ATH) - and it’s not crypto driving it. → Commodities: $657M → Indices: $267M → Equities: $240M → Crypto: <$50M 85% of OI is TradFi exposure. Oil alone went from near zero in Jan to ~31% share in ~2 months.

PERP-7.75%

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MikeS

03-16 23:52

$HYPE - one of the few protocols that remains extremely profitable regardless of market conditions. HIP-3 expansion into commodities has brought in traders seeking continuous exposure to oil markets. We're seeing ~$10m in weekly buybacks, with ~14.1% of circulating supply

HYPE0.42%

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MikeS

03-16 14:02

BTC and majors still showing strength. Asia session has been consistently bid and Binance spot CVD finally pushing higher after prolonged selling. Bias toward continuation from here - looking for BTC to reclaim $80k, ETH $2.4k and SOL $100.

BTC-0.3%

BID-3.41%

ETH-1.01%

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MikeS

03-13 15:12

x402 transactions on Base approaching 100M. Real usage. AI agents are starting to transact at scale on crypto rails. Why crypto over cards? Credit cards need a human with a bank account behind every transaction. Agents can't open bank accounts. Stablecoins don't need them to.

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MikeS

03-11 18:32

$319B in stablecoins on-chain now. Roughly doubled over the past year. Stablecoin payments remain one of the most important use cases in crypto. Usage is concentrated on just a few chains. → Ethereum ($186B) Still the institutional settlement layer. BlackRock's BUIDL lives

ETH-1.01%

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MikeS

03-10 00:32

Longs starting to look constructive here. Coinbase premium back positive, spot CVD picking up, while funding is negative as shorts open. Also lines up with macro - Iran missile + drone attack velocity has dropped sharply in recent days vs the start of the conflict, and oil has

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MikeS

03-05 18:22

Hyperliquid continues to perform and consistently generate $2M+ in fees (24H). US-Iran tensions drove traders to on-chain commodities perps, especially when TradFi was closed. OI hit a record $1.1B. Decentralized perps don't close on Saturdays. HIP-3 now live: builders

HYPE0.42%

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MikeS

03-02 20:52

Trading this 60-72k BTC range has been interesting - PA super reflexive to war headlines. I longed after the first strike as BTC held steady on bad news, then flipped short past mid-range when retaliation escalated into the weekend and it looked like this drags out. Today we’ve

BTC-0.3%

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MikeS

02-27 21:02

RWAs on Solana just crossed $1.7B in market cap. Top 3 leading the charge: • BUIDL ~ $552M • PRIME ~$339M • USDY ~ $177M For context, Ethereum's RWA market sits at $15B+. Solana is at ~11% of that, but a year ago, this number was barely on the radar. The trajectory matters

PRIME-2.84%

ETH-1.01%

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MikeS

02-25 23:32

OI rising, funding still negative - shorts adding into the move. Spot driving this push and Coinbase premium flipped positive. $72k BTC looks likely if this holds.

BTC-0.3%

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MikeS

02-25 18:02

Interesting to see prediction market activity rising even after major events like the Super Bowl. Weekly spot txs just hit 38.1M - new ATH. • Polymarket: 19.6M • Kalshi: 17.4M Both at all-time highs. Hard to ignore the capital flowing into the space. Rates, elections,

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MikeS

02-18 16:32

Starting the year, looking at where early VC money in Web3 is actually flowing. $2B+ already raised. Dragonfly also announced a new $650m fund. Here’s what’s getting funded: • Stablecoin rails (settlement, cards, embedded finance) • Institutional infra (custody, prime,

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MikeS

02-10 18:52

Base took Ethereum’s #1 spot in monthly stablecoin transfer volume (Jan): • Base: ~$5.86T • Ethereum: ~$2.49T (Tron/Solana both < $0.7T) Context matters: Volume ≠ users, but it is flow. Catalyst mix is pretty clear: Coinbase distribution (Base App / smart wallets) + native

ETH-1.01%

TRX0.01%

SOL0.06%

FLOW-0.64%