➥ Pokémon card marketplace getting hotter @Collector_Crypt is doing ~$9.28M protocol rev / 30D that puts it above @phantom, @Raydium, @PancakeSwap on DeFiLlama’s current 30D rev leaderboard Collector Crypt does - sells tokenized physical card packs - stores the underlying cards in insured vaults - lets users redeem them for the actual collectibles so this is literally a niche inside the broad tokenization trend, along side with tokenized stocks atm latest numbers: - $372M+ pack sales in Q3 so far - $28.18M gross protocol revenue in Q3 - $119.63M DEX volume / 30D Q3 pack sales are already around $372M, versus ~$401M for the entire Q2 yet Q3 isn’t finished after pack buybacks, CARD has still retained roughly $28M, or about 7.6% of pack sales, as gross protocol revenue by my calculation this is a completely different kind of crypto product-market fit users aren’t coming because they need leverage, yield or another token launch they’re coming for an existing offline market, and crypto handles the ownership + liquidity layer underneath it i wouldn’t compare this revenue 1:1 with pure software protocols Collector Crypt’s model includes physical inventory economics, pack sales and buyback costs, so the business has very different operational risks but i’m paying more attention to this category now

every best performance trends atm - tokenization - stocks-theme on @RobinhoodApp - privacy coins - $ZEC and its beta - top rev DeFi - $MORPHO $AAVE ethereum:0x1f9840a85d5af5bf1d1762f925bdaddc4201f984 - buyback & burn - $HYPE $SKY $PUMP - AI aligned projects - $NEAR $VVV bittensor:native - launchpads - $PONS $AI $STONK

tokenized stock markets forming financial market onchain onchain RWA market cap grew from $4.3B at the start of 2025 to nearly $30B by July 2026 during the same period: → DeFi TVL fell 32.5% → total crypto market cap declined by $750B → crypto trading vol dropped 52% from its 2025 peak that tells me the growth is not purely driven by crypto sentiment exchanges also have a clear economic reason to push this market when $BTC and other major crypto assets become less volatile, speculative turnover slows adding stocks, indices & commodities gives exchanges another source of vol + fee rev without waiting for the next crypto rally and the pivot is already visible across nearly every major platform: → @RobinhoodCrypto: Stock Tokens on Robinhood Chain, with 24/7 trading and DeFi integrations → @binance: bStocks issued as BEP-20 assets on BNB → @krakenfx: 131 @xStocksFi covering US stocks and ETFs across multiple chains → @Gate: gStocks, xStocks, Ondo Stocks and stock perpetuals → @okx: unified markets such as XAAPL and XTSLA that bring issuer-specific wrappers into one position and order book → @bitget: 500+ rTokens alongside Ondo Stock Tokens and TradFi perps these are not identical products some provide spot exposure backed by securities others are total-return trackers, certificates or perpetual contracts their custody, dividends, redemption rights and legal claims can differ significantly but the direction is consistent major exchanges are no longer positioning themselves as crypto-only venues they are building RWA product stacks around tokenized equities, ETFs, indices, commodities and derivatives i see this as a shift in their business models, not a temporary listing trend but what interests me more is what happens once these assets move fully onchain a stock inside a brokerage account is mainly held, sold or used for limited margin a tokenized stock can potentially be: - traded 24/7 - transferred between platforms - supplied as liquidity - deposited into lending markets - used as collateral - paired with other onchain assets - integrated into structured products there is also a smaller and more speculative layer forming around stock-themed memecoins on Robinhood, markets such as $AI/NVDA have paired memes directly with tokenized stocks instead of WETH or stablecoins they are still part of the sector’s early market structure because they bring attention, traders and liquidity toward stock tokens the perp market is developing even faster RWA volume on perp DEXs reached a record $141B in July, up 513% YTD public equities currently dominate open interest because traders want leveraged, 24/7 access to names such as NVDA, TSLA and AAPL this is very different from traditional derivatives markets right now, onchain finance is mainly importing the assets most familiar to crypto traders it has not yet recreated the broader risk-management system used by banks, funds and corporations there are also major structural differences between products AAPLx, AAPLon, rAAPL and XAAPL may all reference Apple, but they can have different: - legal claims - custody arrangements - dividend treatment - redemption paths - liquidity sources - issuer risks the same price exposure does not mean the same financial instrument that is where the next phase becomes more serious building reliable liquidity, transparent backing, consistent corporate-action handling, accurate 24/7 pricing and safe collateral markets is hard i think crypto exchanges are becoming a new access, distribution and settlement layer for them

Decentralized AI should be invisible users should send a request and receive the result at a clear price, latency, and service level everything else should happen in the backend this is why i’m watching projects that hide decentralized infrastructure behind familiar products: - @ambient_xyz routes @OpenRouter requests across independent miners, checks outputs, penalizes failures, and reruns jobs when necessary. At one point, it processed more than 20B Kimi K2.7 Code tokens per day - @engyai offers an OpenAI-compatible gateway backed by distributed compute. Its @Alibaba_Qwen traffic has exceeded 20B tokens on several days - @OpenGradient lets users choose between signed execution, TEE attestations, and ZKML without changing the basic inference experience - @NEARProtocol AI uses hardware attestations to verify that an approved model ran inside a confidential environment - @darkbloomai routes encrypted requests to independently operated and hardware-verified machines i also see early progress beyond inference: - @Pluralis distributed RL rollouts across 14 Macs in 4 countries while one B200 updated the model - @opentensor supports subnets with various usecases for modern AI infra - @Pareton_ai rewards inference-engine improvements only when they reduce GPU time without weakening quality or breaking the SLA a decentralized network only works commercially if lower compute costs outweigh coordination overhead, failed attempts, and weaker service quality most enterprises will not send sensitive info to unknown operators for a small cost reduction blockchain only earns a role if it improves open access, reputation, collateral, verification, or settlement a token only earns value if the network actually needs it for fees, collateral, settlement, or ownership of the economics i think decentralized AI will not replace centralized cloud infra a hybrid model looks more realistic, customers use an accountable service while portable workloads are routed across independent suppliers behind the interface

a lot has happened on @arc just 2 days after mainnet my launchpad ranking system is already proving useful but several projects need to be re-ranked after what happened > S-tier: only 3 remain • @ArgusPad • @TollyLabs • @TradePool TradePool is still weak at attracting attention, but its product keeps it in S-tier for now > @fazedotfun → B-tier + red flag it was heavily marketed as a day-1 launchpad but multiple burned investors have linked the team to previous projects across other chains including buzzdotfun on Abstract, alongside allegations of unpaid airdrops and presale issues treat it with extreme caution > @akadotfun → A-tier + red flag the team is already monetizing through NFT sales before shipping a working product the potential is still there, but asking the community for money before the core platform is live is a clear risk > @minarafun → A-tier the tech still looks genuinely promising, but the team’s handling of its token situation has been messy $MINARA launched on its own pad and remained unconfirmed for around 24hrs then team said it had no official token now, it's supporting $CIRCLED as the official token leaving the community even more confused and frustrated Arc is moving fast, but speed also makes it easier for weak teams and questionable launches to hide inside the hype i’ll keep updating the ranking as teams ship, communicate and prove themselves

YZi Labs + Ondo is definitely the alpha here Tomorrow’s AMA brings together 4 different parts of Saturn’s growth stack • bringing a China-native market and community perspective • @YZiLabs backed Saturn through EASY Residency and has supported heavily • representing one of the strongest institutional RWA infra in the market this could give Saturn more collateral types, more yield strategies, and a broader RWA product set built around USDat @saturn_credit is trying to build that app layer around $STRC & institutional RWAs so i expect Saturn to become much much bigger soon

i already had an sBTC position on @bitflow now the same trading flow can earn BTC on top Stack Sats by @Stacks is live as well: > 3-month DeFi campaign > 1 BTC distributed each month > 3 BTC in total rewards Bitflow receives 1.5 BTC across the campaign, with 0.5 BTC per month allocated to activity on the sBTC/USDCx and STX/USDCx pairs i entered through The Daily Stack and the trading path is simple > make an eligible swap of at least $25 > no enrollment required > enter that day’s BTC reward since i already have a position, i’m using the recurring order feature to add more sBTC with USDCx over time i can choose the interval, split the allocation across several orders and set an optional price range instead of taking one entry tbh i like the incentives from real trading volume and liquidity around the core BTC and dollar pairs on Stacks i’ll track my execution and rewards throughout the first phase try it here if you will:

➥ Sept shaping up to be a serious TGE/mainnet cluster i care about 3 things - distribution - existing product demand - token supply at launch these are the projects i’m watching closely [1] @arc - Sept 16 Circle launched Arc public mainnet backed by BlackRock, DTCC, Visa, Mastercard, ICE and other major institutions involved as validators Arc is built for stablecoin payments, FX and tokenized assets, with USDC used for gas it could materially expand the onchain financial market bear in mind that Arc mainnet launch ≠ ARC token launch so TGE would be the next big milestone [2] @linera_io - sale closes Sept 8 the community round values $LNRA at a $160M FDV with 5% of the 1B supply offered thru USDC on Base sale tokens are liquid at TGE, team and investor allocations remain locked i like the microchain design and its focus on real-time markets however, the actual TGE + distribution date remain TBA after allocations are finalized [3] @inkonchain $INK immediately becomes one of my highest-priority launches if Kraken confirms a Sept TGE distribution advantage = Kraken users, Kraken Pro activity + an existing OP Stack L2 eco but there is still no official TGE date, tokenomics, snapshot or conversion ratio [4] @avantprotocol Avant moved its TGE to mid-Sept and already showed SS1 allocations to eligible users a real product around yield-bearing stable assets + delta-neutral strategies on Avalanche the exact date is still not locked, just a likely launch [5] @cityprotocolHQ building tokenization + structured-product infra backed by Dragonfly, Jump Crypto and CMT Digital a Sept 28 TGE is circulating on calendars, but i've not seen enough official confirmation to treat it as fixed my priority is Arc for institutional adoption, and Robinhood closest competitor but seems like ppl are leaving the chain after 1 day in i'd rather follow it closely than spread capital and activity across ten unconfirmed farms tho

➥ Pendle PT-USDat on Monad is probably the more interesting loop right now the latest @saturn_credit incentives pushed PT implied APY to ~7.02% while the current effective USDC borrow rate on Morpho is ~5% simple spread, but leverage makes the difference at ~3x exposure: 3 × 7.02% - 2 × 5.0% = ~11.06% APY before slippage/fees go to 5x and the rough number moves toward ~16% but i don’t think i need to take that much liquidation risk just to squeeze a few more points more importantly, Monad currently has ~$2M USDC available in this Morpho market versus only ~$90K on Ethereum so there’s simply more room to execute the loop without immediately fighting for borrow liquidity I’m watching the native borrow rate is actually ~6.5% current WMON rewards reduce the effective cost by ~1.5%, bringing it closer to 5% as long as @pendle_fi PT yield stays ~7%+ and effective borrow stays around 5% the loop makes sense to me

Arc Mainnet is live. Arc launches as the Economic OS for the internet: an open platform for global markets, real-time value movement, tokenized assets, and agentic economic activity. Arc is more than a blockchain. It launches as a full-stack financial platform with assets, applications, interoperability, developer infrastructure, and Circle platform services live from day one. Arc delivers USDC as native gas, deterministic sub-second finality, EVM compatibility, and institutional validators. It integrates with Arc Studio, App Kits, Arc Portal, Circle Agent Stack, CCTP, Gateway, CPN, and StableFX. A complete economic platform at genesis. Arc launches with infrastructure for: → Agentic economic workflows → Lending and borrowing → Trading and liquidity → Onchain FX → Payments and settlement → Tokenized assets → Exchanges, wallets, custody, compliance, data, and developer tooling 190+ institutional and ecosystem builders are building across Arc.

Maestro is now my go to setup for trading on Arc fyi, MaestroBots has already activated bridging into @arc before mainnet so i can now: > bridge into Arc > trade across Arc DEXs and launchpads > bridge back out through the same platform the edge = speed, reliable execution + consistent trading access without jumping between different tools Maestro also supports Uniswap V2/V3/V4 and offers up to 30% cashback this is proven infra with 700K+ lifetime traders and over $15B in spot volume one trust point i also value = when a Circle routing issue affected 107 users, Maestro covered around $64K for them after spending days moving between bridges, DEXs and launchpads on Arc having the full flow in one place is exactly what i wanted before mainnet start here:

➥ $LIFT just went live and hit a $9.7M MC within its first hour a few days ago, i ranked @liftdotfun as an S-tier @arc launchpad since then: - $DEPEG has done 12x from my first mention - $LIFT is already looking like one of Arc’s best potential runners also, 21% of total supply is already burnt, you know i love buyback & burn i’m digging deeper into every launch on Lift to find the next gems a degen will degen where he sees the best opportunities if this isn’t the Arc trenches, i don’t know what is

what happens on @arc day-1 after the official CCTP bridge went live S-tier launchpads with token pumps hard - $ARGUS peak at $20M → 6.5x - $TOLLY reached $8M → 4x - tokens launch on these two pumped 5x in avg tokenless projects will attract liquidity & attention the moment they TGE imo - @liftdotfun - its first token $DEPEG pumped 5x already - @akadotfun whitelist will probably hype the eco with first NFT + ERC-20 launch - @minarafun is kinda late to the party i'm definitely watching close for the moment they launch token ngl controversially, @Longdotsupply does not complete clear the FUD however $LONG is also among the hardest pump, 5x at peak iykyk one lowcap launchpad i'm interested in = @ellipsefun | $ELLIPSE is trading at $200K only so i believe it's worth a bet so basically every S-tier does exactly as i expect congrats on those who follow my research, you can now take some profits and let the rest rise to Valhalla cheers!

thousands of tokens launch every day in the memecoin trenches on new chains like @arc and @RobinhoodCrypto, attention moves fast, hype is high, ppl FOMO into new tokens very easily i do too, i’m not going to pretend otherwise that’s why i need the most convenient way to check a token’s risks before I buy @bubblemaps has been the best tool on my list for this, and the new update makes the full process much easier i can now: - find trending and fresh tokens across chains, with Arc supported from day one - hover over any token for an instant bubble map - use Bubblemaps Score to flag insider clusters and bundled wallets - click any candle to see holder distribution at that exact time - filter by chain, launchpad, price, volume and liquidity - check verified socials and reviewed wallet labels - swap directly with a 0.5% fee this means fewer tabs and fewer blind entries i know ppl are so ready for Arc mainet tmr don't forget who shares you the right tool to find a token, check who actually controls the supply stay safe fam, see you on Arc!

I’ve gone through a lot of early @arc projects lately @UseCtrlMoney stood out because it is building one of the few products directly aligned with what Arc was designed for Arc goes live tomorrow with USDC as gas, sub-second finality and native FX infra BlackRock, Visa, Mastercard, DTCC and ICE are among its founding validators institutional infra can bring dollars onchain, but it cannot make them easy for normal users to manage that consumer layer is still missing $CTRL is building it around a simple flow: - send USDC - request payments - manage your money - use Arc without dealing with typical crypto wallet friction i’ve watched the devs build seriously, and this feels more useful than another launchpad competing for the same early liquidity Ctrl might become the default consumer payment interface on Arc that is a much bigger opportunity than another place to launch tokens

totally agreed, the thesis and @Liftdotfun make sense @arc cannot stop rugs, but USDC makes stolen funds easier to trace and potentially freeze Lift then removes several launchpad-level risks: - fixed supply - permanently locked liquidity - immutable parameters - no platform custody i also like the model: - 70% of fees goes to creators - giving them recurring rev without selling their tokens but there's something i disagree this does not make trading safe bundled supply, creator dumps & coordinated wallets are still possible i’d like Lift to add wallet concentration and linked-wallet data directly to each token page in the end, a product trying to solve a real launchpad problem impressed me

Unpopular opinion: @arc is hot, but its eco looks like a copycat of Robinhood as you might know, i’ve spent the past few days digging through Arc projects before public mainnet the clearest signal: 50+ launchpads already exist well you know Robinhood started the tokenized stock + memecoin launchpad war with @ponsdotfamily, @longdotxyz and others then the same model then expanded to: - Solana: $STONK, $EMBER - BNB Chain: $BREW - Now Arc: dozens of similar platforms imho, launchpads are EAST TO FORK and there is a reason devs keep choosing this model → it generates REAL FEES only with a “low” effort current launchpad sector metrics: - $241.4M TVL - $77.3M fees in 7D - $25.2M revenue in 7D $PONS alone generated $45.9M in 7D fees and $7.5M in revenue on a new chain, a launchpad is one of the fastest ways to attract liquidity, create assets and capture trading fees i see the same pattern with gamified NFTs the narrative gained traction on Robinhood → now devs are bringing similar concepts to Arc and Ink my concern is the lack of native, differentiated protocols on Arc i’ve tried to find projects that could create a new category or narrative, but there are only a few most major Day-1 deployments are established DeFi protocols such as Uniswap, Aave and Fluid strong infra, but they are not uniquely Arc for now, my main Arc thesis is the LAUNCHPAD WAR i expect it to be brutal from the first day of public mainnet there may be more 50+ competitors, but I believe only 1-2 will survive and eventually control most of the volume that's why i worked hard to filter out the real leader this week S-tier rank projects are those i believe have a real edge before launch - @liftdotfun - @minarafun - @TradePools - @akadotfun - @Arguspad - @TollyLabs still to much, but i think at least one of them will outperform and thrive i could be completely wrong if Arc mainnet launches with several strong native protocols that are still under wraps @jerallaire might already notice this situation, real founder keeps building iykyk but i’d rather plan around the facts & signals available today than speculate about products i haven’t seen Arc will receive major attention at launch i wonder how quickly that attention converts into sustainable liquidity and how long it stays there hype may come and go very quickly be ready, be wise fam!

most new pre-mainnet projects i’ve found on @arc are launchpads then I came across @Bigshortdotxyz tldr: you can literally long or short memecoins on Arc everyone is hunting the next 100x, but who is building for the trader who identifies the next collapse? in tradfi, efficient price discovery requires both sides of the market finding an overpriced narrative is alpha too, and traders should have a way to express that thesis also, the BigShort team is building borrowing and shorting tools for token this is a model that feels genuinely different from most early Arc projects it is still early, but attempting a product like this tells me the devs are serious worth keeping an eye on @Bigshortdotxyz my highest-conviction Arc watchlist before mainnet now: • @liftdotfun • @Arguspad • @ArcDEXScan • @TowerExchange

well, that @arc launchpad ranking aged fast 😭 since my first post went live, 10+ new launchpads have appeared in my notifications i went through every one, did more DD and spoke directly with several dev teams a few are run by solo devs, but they’ve been extremely active and are shipping upgrades fast so here’s the updated ranking: • 10+ new platforms added • several launchpads re-ranked after deeper research • added "X Alpha" feature scanning major news/project • more changes likely as new teams keep appearing now S-tier includes: - @liftdotfun - $DEPEG = first-mover - @akadotfun - AKA - @Arguspad - ARGUS - @minarafun - N/A i'm looking into @TollyLabs | TOLLY as they are working smoothly, might be in S-tier LONG has a RED FLAG because of the FUD + website is not working properly atm Arc is moving way faster than i expected this ranking will keep evolving with the eco