Top DeFi news to pay attention to this week 🧠👇 1. @base activates its Denim hardfork on mainnet on Nov 5. Blocks drop from 2s to native 200ms, replacing Flashblocks. It's Base's 4th network upgrade. 2. @Zcash NU7 activates at block 3,543,405, expected around Nov 5-6. Block time goes from 75s to 25s, and 60% of transaction fees will be removed from circulation. 3. @EFDevcon Devcon 8 runs Nov 3-6 at Jio World Centre in Mumbai. 4. @circle reports Q3 2026 results on Nov 4. 5. @osmosis Prop 1057 voting ends Nov 4. If it passes, it would burn 55.5M $OSMO from the community pool (~7% of supply), bringing total OSMO burned to about 100M. 6. @GoKiteAI reaches the end of its one-year team and investor cliff around Nov 3, with trackers estimating ~640M $KITE unlocking. 7. @HyperliquidX distributes 180K $HYPE to team members on Nov 6 as part of its monthly team allocation. 8. @extendedapp to publish its $XTEN tokenomics. Supply of 1B XTEN, with 30% going to eligible Points farmers. 9. @StellarOrg validators vote on the Bell (Protocol 30) testnet upgrade on Nov 3, adding muxed contract addresses, post-quantum signature checks and millisecond ledger timestamps, ahead of a Nov 23 mainnet vote.

We looked into this and found 35 crypto companies have pivoted or expanded into AI inference and AI compute (either part time or full time) CEX: - @Gate: exchange → GateRouter, one API for 170+ AI models DePINs: - @akashnet: decentralized cloud → AkashML managed inference - @AethirCloud: GPU cloud → Aethir Mesh, its own LLM API - @ionet: GPU network → io. intelligence, 40+ hosted models - @Theta_Network: community GPUs → EdgeCloud LLM inference (beta) - @BitTorrent: file sharing → BTTInferGrid inference network - @Livepeer: video transcoding → AI subnet for generative inference - @rendernetwork: GPU rendering → Dispersed, an AI and general compute subnet - @nosana_ai: CI/CD compute → GPU marketplace for inference - @fluence_project: CPU cloud → GPUs plus Fluence Inference (private beta) - @spheron: compute network → managed LLM inference API - @aleph_im: Aleph Cloud → LibertAI confidential inference - @CUDOS_ (@ASI_Alliance): cloud compute → ASI:Cloud inference endpoints (beta) Restaking, L1s and privacy: - @eigenlabs: restaking → @darkbloomai by @gajesh, inference on idle Macs - @PhalaNetwork: TEE cloud → confidential inference API - @nillion: privacy network → nilAI private inference - @NEARFoundation: L1 → NEAR AI Cloud from @near_ai, 62 models, 16 verifiable in TEEs - @ton_blockchain: Telegram's chain → Cocoon, confidential inference paid in TON - @SecretNetwork: privacy L1 → SecretAI confidential inference - @OasisProtocol: privacy L1 → ROFL, verifiable AI in TEEs RPC: - @POKTnetwork: RPC relays → AI inference relays (still tiny) Bitcoin miners: - @TeraWulfInc: $27B+ in AI/HPC contracts - @Hut8Corp: $26.6B contracted, AI data centers - @Core_Scientific: $24B+ contracted, AI/HPC colocation - @CipherInc: $16.6B in AI/HPC leases - @IREN_Ltd: AI cloud, ~$15.9B contracted, $128.8M in FY26 AI cloud revenue - @RiotPlatforms: $9.8B contracted - @CleanSpark_Inc: $6.6B 20-year AI/HPC lease - @Cango_Group: new EcoHash AI inference arm - @Bitdeer: Bitdeer AI Cloud GPU neocloud - @CrusoeAI: sold its mining → AI cloud with Managed Inference - @SolunaHoldings: Soluna Cloud, hosted DeepSeek R1 inference - @HIVEDigitalTech: @BUZZHPC GPU cloud - @NorthernDataGrp: sold its mining unit → now Quake AI GPU cloud under Rumble - @BitDigital_BTBT: ex-miner, majority owner of @WhiteFiber_ GPU cloud 7 of these miners have signed ~$126B in AI/HPC contracts. The pivot and expansion make sense. Miners and DePIN operate on hardware. AI demand gave their existing infrastructure a better revenue source. Whoever already owns GPUs, power, or private compute is now selling inference or compute.

Tokenized stocks died once in 2022. Mirror Protocol's synthetics. The FTX and Binance stock tokens. Now they're back at $3.09B onchain, up 8x in a year. 6 major issuers are competing for distribution. Who's leading?👇

Tokenized stocks died once in 2022. Mirror Protocol's synthetics. The FTX and Binance stock tokens. Now they're back at $3.09B onchain, up 8x in a year. 6 major issuers are competing for distribution. Who's leading?👇

Only 3 groups of tokens outperformed BTC this year: - Largest category - trading tokens: $DRV +665%, $HYPE +200%, $PUMP +121%, $RAY +106% Degens gamble, protocols collect fees and buy back their tokens. then.... - AI: $VVV +1431%, $NEAR +203%, $GRASS +151% and... - Privacy: $ZEC +137%, $XMR +37% Maybe we can add institutional adoption story with $QNT +173% and $MORPHO +89% Everything else pretty much rekt. Still, I believe the easiest trade is finding high revenue tokens.

Top DeFi news to pay attention to this week 🧠 1. @extendedapp starts sharing full $XTEN tokenomics on Oct 31. 30% of the 1B supply goes to Points users, and the token is teased for Nov. 2. @Ripple hosts Swell 2026 in New York, Oct 27-29. Expect 1,500+ attendees and 80+ sessions. $XRP and RWA news often lands here. 3. @RobinhoodApp reports Q3 results on Oct 27 after the US close. The call streams live on X at 21:00 UTC. 4. @coinbase reports Q3 on Oct 29 after the close. Its live Q&A on X starts at 21:00 UTC. 5. @base hosts Base Day on Oct 26. The team is also teasing 200ms blocks on mainnet, but there's no date yet. 6. @soneium, Sony's Ethereum L2, introduced tokenized IP and a plan to issue $SONEIUM 7. @BNBCHAIN's Jenner hard fork hits BSC testnet on Oct 28. 8. @hedera upgrades its mainnet to v0.78.2 on Oct 28, 17:00 UTC. 9. @injective runs a second Stockdrop this week. If you joined the Oct 21 buyback, you can get a tokenized stock on Solana. 10. @Aster_DEX pauses its prediction market on Oct 27 for an upgrade.

What’s Anthropic or OpenAI worth? Anthropic was valued at $965B in its last funding round. Perps price it around $1.9T. OpenAI was valued at $852B in its last round. Perps price it roughly $1.5T. Both already trade 24/7 onchain. But before trading that valuation gap, look at how each venue prices it. The oracle, funding and IPO conversion rules can change the trade. Here’s where the market stands 👇 1/ The landscape DefiLlama’s tracked markets, Oct 22: → Anthropic: ~$78M reported OI, ~$29M daily volume. → OpenAI: ~$39M reported OI, ~$56M daily volume. Both trade on 17 tracked venues. Entropy, Phoenix and Ondo Perps aren’t included, so the full market is larger. It’s still small enough that getting into a position is a very different question from getting out at size. 2/ Why the valuation gap can persist You can’t buy Anthropic at its last funding valuation today, short the perp at $1.9T and lock in the difference. Private shares are difficult to source and transfer. There’s no freely tradable spot market keeping the perp honest. The premium can reflect growth expectations, anticipated IPO pricing, scarce access and one-sided positioning. Funding helps, but only relative to the venue’s reference price. When that reference largely follows its own book, both prices can move together without converging toward private-market transactions. That’s why oracle design matters here. 3/ @entropyIO Entropy operates HIP-3 markets on Hyperliquid, with oracle feeds implemented by RedStone. Its oracle blends its own book with external private-market references. A deeper executable book receives more weight, capped at 95%. Pulled liquidity loses its influence immediately. ANTH offers 6x isolated leverage, with a $55M OI cap. Growth Mode brings base maker/taker fees to 0.3/0.9bp. Funding uses a 0.125 multiplier, giving traders room to price new information ahead of slower private-market references. For dedicated pre-IPO price discovery, Entropy has the strongest case in this group. 4/ @Lighter_xyz Lighter prices pre-IPO markets internally, with no external anchor or price caps. Its funding premium multiplier is 1/100. Standard accounts pay zero trading fees. The tradeoff shows up in the entry price. In the checked snapshot, Anthropic traded around $1,998 on Lighter versus $1,929 on Binance, a ~3.6% premium. For a long, that upfront premium can outweigh the fee savings. For a short, weak funding pressure gives the premium room to persist. 5/ @variational_io Variational uses RFQs. Its integrated market maker, OLP, quotes every trade, takes the other side and manages its hedges. Pre-IPO pricing aggregates other venues. Funding is fixed at 0.005% per eight hours, roughly 5.5% annualized on notional. The appeals are firm quotes and predictable carry. The dependency is one quoting counterparty and the external markets it references. Compare the spread as closely as the zero-fee headline. 6/ @PhoenixTrade Phoenix offers Anthropic perps on Solana with 6x isolated leverage. Pricing combines internal book-based pricing with external sources. A ±16.67% trading band resets every four hours UTC. Base fees are 0.5bp maker and 3.5bp taker. The bands limit extreme execution prices, but can constrain trading when major news forces a rapid repricing. 7/ @OndoPerps has also entered the category. Its first pre-IPO market is OpenAI, live since Oct 21 with up to 3x leverage. Another venue to watch as liquidity and the market develop. 8/ The post-IPO conversion is the real test On Entropy, the contracts will remain market-cap perps after listing. Lighter converts once a stable post-IPO price feed exists. This matters for hedging. New share issuance can increase market cap without an equivalent gain per existing share. A market-cap perp can therefore behave differently from the private shares someone is trying to hedge. Cross-venue trades also retain funding, liquidation and settlement risk. Matching company names don’t make the contracts interchangeable. 9/ Why will pre-IPO perps become much bigger? Look beyond Anthropic and OpenAI. @DefiLlama’s tracked 1Y changes in private-company valuation estimates: → AI: Mistral +487%, Baseten +800% → Data infrastructure: ClickHouse +3000% → Robotics: Physical Intelligence +172% → Prediction markets: Kalshi +693% → Social media: ByteDance +64%, at roughly $503B There’s a huge range of company risk people could want to trade. Eligible shareholders could hedge concentrated exposure. Funds could trade relative valuations. Retail could express a view before a public listing. Cash settlement removes the need to source and transfer private shares. Onchain’s advantage is that builders can compete on market design while sharing existing trading and settlement infrastructure. The bottleneck becomes credible pricing and enough liquidity to survive bad news, delayed IPOs and large exits. Private companies are getting prices people can trade against around the clock. Bullish onchain.

Solana got 150ms finality. Hyperliquid builders shipped better ways to move size, and tokenized stocks DeFi is growing faster than ever. Here are some crypto apps worth trying this week: @hypurrdash: Trading terminal for Hyperliquid with private TWAPs, swarm orders and a liquidation heatmap. VWAP orders went live this week, pacing a big fill around the asset's usual volume curve. @silhouette_ex switched on perps RFQ this week. Market makers compete to quote you, and the fill prints on Hyperliquid's book without walking it. BTC and HYPE only, up to $100k per quote. @2FactorFinance: About 1.33x $BTC on @base with no liquidation price, financed by a senior tranche that earns yield instead of perp funding. Built to hold for years. Capped beta. @Trueo_ $TRUE: Permissionless prediction markets on @base where open positions earn yield in a Yearn USDC vault. @DefiLlama now shows Trueo markets on its dashboards, so you can bet on protocol revenue next to the data. @CatalystMkts_: Perps on whether an event happens, on Base. Listing markets went live this week and buy whichever token an exchange lists the instant it's announced. Size small in trenches. @paboxoxyz: Borrow $USDG against Robinhood Stock Tokens. Borrowing and liquidations pause while the stock market is closed. @Fluxion_network: @0xMantle's native DEX for trading xStocks 24/7 through AMM + RFQ. Worth watching for after-hours moves as Microsoft, Alphabet and Amazon report this week. Anything we should test this week?

One of the most interesting use cases for blockchain and crypto is happening with AI. Some call @prlnet's $PRL the Bitcoin of the AI age. How Proof of Useful Work turns AI math into mining, and why Bitcoin miners are paying attention. ELI5 by 🧠

One of the most interesting use cases for blockchain and crypto is happening with AI. Some call @prlnet's $PRL the Bitcoin of the AI age. How Proof of Useful Work turns AI math into mining, and why Bitcoin miners are paying attention. ELI5 by 🧠

What’s Anthropic or OpenAI worth? Anthropic was valued at $965B in its last funding round. Perps price it around $1.9T. OpenAI was valued at $852B in its last round. Perps price it roughly $1.5T. Both already trade 24/7 onchain. But before trading that valuation gap, look at how each venue prices it. The oracle, funding and IPO conversion rules can change the trade. Here’s where the market stands 👇 1/ The landscape DefiLlama’s tracked markets, Oct 22: → Anthropic: ~$78M reported OI, ~$29M daily volume. → OpenAI: ~$39M reported OI, ~$56M daily volume. Both trade on 17 tracked venues. Entropy, Phoenix and Ondo Perps aren’t included, so the full market is larger. It’s still small enough that getting into a position is a very different question from getting out at size. 2/ Why the valuation gap can persist You can’t buy Anthropic at its last funding valuation today, short the perp at $1.9T and lock in the difference. Private shares are difficult to source and transfer. There’s no freely tradable spot market keeping the perp honest. The premium can reflect growth expectations, anticipated IPO pricing, scarce access and one-sided positioning. Funding helps, but only relative to the venue’s reference price. When that reference largely follows its own book, both prices can move together without converging toward private-market transactions. That’s why oracle design matters here. 3/ @entropyIO Entropy operates HIP-3 markets on Hyperliquid, with oracle feeds implemented by RedStone. Its oracle blends its own book with external private-market references. A deeper executable book receives more weight, capped at 95%. Pulled liquidity loses its influence immediately. ANTH offers 6x isolated leverage, with a $55M OI cap. Growth Mode brings base maker/taker fees to 0.3/0.9bp. Funding uses a 0.125 multiplier, giving traders room to price new information ahead of slower private-market references. For dedicated pre-IPO price discovery, Entropy has the strongest case in this group. 4/ @Lighter_xyz Lighter prices pre-IPO markets internally, with no external anchor or price caps. Its funding premium multiplier is 1/100. Standard accounts pay zero trading fees. The tradeoff shows up in the entry price. In the checked snapshot, Anthropic traded around $1,998 on Lighter versus $1,929 on Binance, a ~3.6% premium. For a long, that upfront premium can outweigh the fee savings. For a short, weak funding pressure gives the premium room to persist. 5/ @variational_io Variational uses RFQs. Its integrated market maker, OLP, quotes every trade, takes the other side and manages its hedges. Pre-IPO pricing aggregates other venues. Funding is fixed at 0.005% per eight hours, roughly 5.5% annualized on notional. The appeals are firm quotes and predictable carry. The dependency is one quoting counterparty and the external markets it references. Compare the spread as closely as the zero-fee headline. 6/ @PhoenixTrade Phoenix offers Anthropic perps on Solana with 6x isolated leverage. Pricing combines internal book-based pricing with external sources. A ±16.67% trading band resets every four hours UTC. Base fees are 0.5bp maker and 3.5bp taker. The bands limit extreme execution prices, but can constrain trading when major news forces a rapid repricing. 7/ @OndoPerps has also entered the category. Its first pre-IPO market is OpenAI, live since Oct 21 with up to 3x leverage. Another venue to watch as liquidity and the market develop. 8/ The post-IPO conversion is the real test On Entropy, the contracts will remain market-cap perps after listing. Lighter converts once a stable post-IPO price feed exists. This matters for hedging. New share issuance can increase market cap without an equivalent gain per existing share. A market-cap perp can therefore behave differently from the private shares someone is trying to hedge. Cross-venue trades also retain funding, liquidation and settlement risk. Matching company names don’t make the contracts interchangeable. 9/ Why will pre-IPO perps become much bigger? Look beyond Anthropic and OpenAI. @DefiLlama’s tracked 1Y changes in private-company valuation estimates: → AI: Mistral +487%, Baseten +800% → Data infrastructure: ClickHouse +3000% → Robotics: Physical Intelligence +172% → Prediction markets: Kalshi +693% → Social media: ByteDance +64%, at roughly $503B There’s a huge range of company risk people could want to trade. Eligible shareholders could hedge concentrated exposure. Funds could trade relative valuations. Retail could express a view before a public listing. Cash settlement removes the need to source and transfer private shares. Onchain’s advantage is that builders can compete on market design while sharing existing trading and settlement infrastructure. The bottleneck becomes credible pricing and enough liquidity to survive bad news, delayed IPOs and large exits. Private companies are getting prices people can trade against around the clock. Bullish onchain.

$FLUID is the best performing DeFi token over the last 30 days. Who's buying? Gossip says someone keeps TWAPing it on CEXs :) But the fundamentals look good: • Best weekly revenue in 4 months • $1.77B active loans, now the 3rd largest onchain money market • Jupiter Lend: 6 biggest fee days in a row ($1.14M from Oct 11 - 17) Not all green tho as buybacks are paused while the treasury rebuilds. Big catalyst is DEX V2: soft launch is live now. Polygon first for testing, Ethereum this month Also Fluid will launch on Sui: Hashi mainnet launches with $500M in capital backing, and Anchorage Digital joining FLUID been one of my longest conviction trade since... years

TL;DR on the five Defi protocols: • @mezzanine_fi: Yield vaults where you choose more yield and more risk, or less yield with other depositors taking losses before you. • @Infinit_Labs: Let managers trade for you on Hyperliquid. Their own money takes the first losses. • @iris_credit: Borrow using Aave/Morpho liquidity at a fixed interest rate. You know what you'll pay upfront. • @risextrade: A fully onchain perps exchange. Other DeFi apps can build on it, combining borrowing and trading in one tx. • @boros_fi: Bet on funding rates going up/down, or lock in the funding rate on your existing perp positions.

Great roundup from @PinkBrains_io. 10th is the one we’re watching. Osmosis voting on funding staking rewards from protocol revenue says a lot about where DeFi yield is heading. Rewards backed by real usage hold up longer. That’s how the nowa vault was designed from day one. you deposit NUSC, it finances BNPL positions, and 100% of the daily financing fees flow back to the vault, plus half of every closing fee. Your yield moves with how much the protocol is actually used. Live on devnet today with demo capital.

Top DeFi news to pay attention to this week 🧠 1. @aeroxyz unifies Aerodrome and Velodrome on Oct 22. Aero launches across Base, Ethereum, OP Mainnet, Arc, Ink, Robinhood Chain and Arbitrum. AERO converts 1:1; VELO at roughly 0.044 AERO. 2. @fablesfi TGE on Oct 20, the Robinhood Chain DEX launches $FABLES with ve(3,3) voting, staking and emissions. Airdrop claims open at TGE. 3. @fhenix's confidential computing launches on mainnet on Oct 21. 4. @Kinetiq_xyz's Elysium approaches mainnet. The Hyperliquid L2 targets Oct 20, subject to the governance outcome. It settles to HyperEVM and uses HYPE for gas. 5. @Lighter_xyz is expanding beyond perps with an upcoming options product. Investor Q3 call is on Oct 21. 6. @infiniFi unveils $INFI. Tokenomics are out, with 45% allocated to the ecosystem, including a community airdrop. TGE is coming soon. 7. @StandX_Official cancelled its token launch and will distribute DUSD instead. Trading switches to reduce-only on Oct 20. Allocation checker: Oct 26. Claims: Nov 1, with no lockup. 8. @jumperapp opens a trading campaign this week for 2,500 waitlist traders and the top 2,500 Jumper Pass users. $JUMP incentives and up to $232K USDC in weekly rewards. 9. @Starknet voting on whether to research becoming an independent, post-quantum L1 ends on Oct 22. 10. @osmosis's proposal to stop new $OSMO issuance and fund staking rewards from protocol revenue opens for voting on Oct 20. At the current burn rate, roughly 2% of supply would burn annually without new minting to offset it.

Top DeFi news to pay attention to this week 🧠 1. @aeroxyz unifies Aerodrome and Velodrome on Oct 22. Aero launches across Base, Ethereum, OP Mainnet, Arc, Ink, Robinhood Chain and Arbitrum. AERO converts 1:1; VELO at roughly 0.044 AERO. 2. @fablesfi TGE on Oct 20, the Robinhood Chain DEX launches $FABLES with ve(3,3) voting, staking and emissions. Airdrop claims open at TGE. 3. @fhenix's confidential computing launches on mainnet on Oct 21. 4. @Kinetiq_xyz's Elysium approaches mainnet. The Hyperliquid L2 targets Oct 20, subject to the governance outcome. It settles to HyperEVM and uses HYPE for gas. 5. @Lighter_xyz is expanding beyond perps with an upcoming options product. Investor Q3 call is on Oct 21. 6. @infiniFi unveils $INFI. Tokenomics are out, with 45% allocated to the ecosystem, including a community airdrop. TGE is coming soon. 7. @StandX_Official cancelled its token launch and will distribute DUSD instead. Trading switches to reduce-only on Oct 20. Allocation checker: Oct 26. Claims: Nov 1, with no lockup. 8. @jumperapp opens a trading campaign this week for 2,500 waitlist traders and the top 2,500 Jumper Pass users. $JUMP incentives and up to $232K USDC in weekly rewards. 9. @Starknet voting on whether to research becoming an independent, post-quantum L1 ends on Oct 22. 10. @osmosis's proposal to stop new $OSMO issuance and fund staking rewards from protocol revenue opens for voting on Oct 20. At the current burn rate, roughly 2% of supply would burn annually without new minting to offset it.

The Robinhood Chain RWA DeFi ecosystem is mapping. These projects are turning Stock Tokens into spot liquidity, collateral, leverage, yield, treasuries, structured products, and even shopping rewards. 🧠 Trading and liquidity: 1. @Uniswap: The main spot-liquidity layer on Robinhood Chain and the foundation for many Stock Token pools and v4 products. 2. @fablesfi: A hook-native DEX using dynamic fees to account for stock-market hours, volatility and toxic order flow. 3. @rialto_xyz: An execution layer combining smart routing with proprietary AMM liquidity for stocks, ETFs, commodities and crypto. 4. @arcus_xyz: A self-custodial venue for Stock Token spot and perp trading, with leveraged positions packaged into tradable pTokens. 5. @Lighter_xyz: The chain’s leading perpetuals venue, with wider stock and private-market perp coverage alongside SPY and QQQ spot markets. 6. @longdotxyz: A stock-focused launchpad where tokens pair with Stock Tokens or ERC-20 wrappers of leveraged and pre-IPO Lighter positions. 7. @uponrh: A ve(3,3) DEX where LPs earn fees and UP emissions while veUP voters direct incentives across pools. 8. @ClutchMarkets / StonkBrokers: An all-in-one Stock Token ecosystem covering swaps, launches, NFT markets, automated LP vaults and an upcoming options product. 9. @ponsdotfamily: A general launchpad where creators can pair new tokens with Stock Tokens, crypto or ETH before graduating into locked Uniswap liquidity. 🧠 Lending and yield: 1. @Morpho: The core lending infrastructure behind USDG credit markets and several Robinhood Chain yield products. 2. @longbowlend: A curated lending layer for borrowing against Stock Tokens, RWAs, crypto, memes and selected NFT-linked assets. 3. @LooprFund: Deposits a Stock Token as collateral, borrows USDG and sends it into the Steakhouse vault in one transaction. 4. @SnuggleFi: Managed LP vaults that rebalance Stock Token liquidity and compound trading fees automatically. 5. @revertfinance: An LP console for discovering pools, copying public positions and automating concentrated-liquidity management. 6. @lpagent_io: Helps users find successful LP wallets, copy their ranges and automate compounding or exit rules. 7. @twofoldfi: Lets idle USDG inside a Stock Token LP position earn Morpho yield until the liquidity is needed for a trade. 8. @pendle_fi: Splits yield-bearing assets into principal and yield markets, including SGOV, NVDA and PFE products on Robinhood Chain. 🧠 Treasuries and stock-backed tokens 1. @NetNetCap: An OHM-style treasury system with bonds, staking, Morpho yield and a separate Stock Token allocation. 2. @TheIndexFi: Uses a 3% trading fee to buy a basket of Stock Tokens and distribute them directly to eligible INDEX holders. 3. @isBacked_: Uses trading fees to build a redeemable vault of Stock Tokens behind BACKED. New experiments 1. @crumbsfamily: Turns eligible purchases into Stock Token cashback, such as COST for shopping at Costco or NFLX for paying Netflix. 2. @UseKerf: Combines LP management, Lighter hedging, range orders and structured products in one self-custodial interface. 3. @DexFinance: Automates multi-farm vaults, including strategies. Memecoins brought the crowd. These builders are showing what happens when Stock Tokens become usable across the full DeFi stack. The casino came first. The onchain portfolio is being built now.

The tokenized equities race is shifting. Just a month ago, Solana led in tokenized equities spot volume. @RobinhoodCrypto's Robinhood Chain has overtaken it to become the largest chain by tokenized equities spot volume. The play is clever. On July 20, @bankrbot let anyone launch a memecoin paired against a tokenized stock instead of a stablecoin. 90+ tickers are supported: $NVDA, $TSLA, $AAPL, $SPY, and more. @0xDeployer kicked it off with $REAL/$NVDA, making $5.6M in volume on day one. @longdotxyz had already launched $AI and $SPACEHOOD paired with stock tokens days earlier, but Bankr brought the idea into the spotlight. NVDA/USDG volume jumped from under $500K to $4.5M in a day. Because the quote asset is the stock token, every swap routes through $NVDA and counts as tokenized equity spot volume. That's also why $GME, not $AAPL, is the chain's most traded tokenized equity at $26.6M/day. Robinhood didn't simply list and ask people to trade tokenized equities. It made them the liquidity layer for crypto speculation. That's a brilliant distribution hack.

Top important DeFi news to pay attention to this week 🧠👇 1. @trepa_io, a financial entertainment app, is going to launch its V3 tomorrow on Solana and exclusively on mobile. 2. @MNX_fi, an AI exchange on @megaeth, is going to launch on mainnet this month. The waitlist is open now. 3. @glider__ is launching Mag7X - the Glider Mag7 ETF with Bitwise on July 29. 4. @token_works is making waves as the hottest onchain plays now, with 7,200 ETH in volume. 72,000+ pulls. Nearly 5,900 NFTs created in the pool with 1,845 ETH backing them. 5. $GRVT @grvt_io TGE is rescheduled to July 30. 6. @bulktrade is expected to launch its mainnet this month. 7. @Stacks's PoX-5 mainnet hardfork, introducing Bitcoin staking mechanism, is targeted for July 29. 8. @jito_sol's FireBAM, the Frankendancer-compatible BAM client, is launching on mainnet this month. Coverage is expanding from Seattle to Hong Kong. What did we miss? Let us know in the comments.

Top important DeFi news to pay attention to this week 🧠👇 1. @trepa_io, a financial entertainment app, is going to launch its V3 tomorrow on Solana and exclusively on mobile. 2. @MNX_fi, an AI exchange on @megaeth, is going to launch on mainnet this month. The waitlist is open now. 3. @glider__ is launching Mag7X - the Glider Mag7 ETF with Bitwise on July 29. 4. @token_works is making waves as the hottest onchain plays now, with 7,200 ETH in volume. 72,000+ pulls. Nearly 5,900 NFTs created in the pool with 1,845 ETH backing them. 5. $GRVT @grvt_io TGE is rescheduled to July 30. 6. @bulktrade is expected to launch its mainnet this month. 7. @Stacks's PoX-5 mainnet hardfork, introducing Bitcoin staking mechanism, is targeted for July 29. 8. @jito_sol's FireBAM, the Frankendancer-compatible BAM client, is launching on mainnet this month. Coverage is expanding from Seattle to Hong Kong. What did we miss? Let us know in the comments.