You can borrow fxUSD against ETH on @protocol_fx and get paid 10% APY for doing it. Then you park that fxUSD on @Morpho and keep your ETH position alive. This is the kind of boring DeFi trade that looks obvious only after everyone finds it.

Calling $PENDLE a yield farm is like calling the bond market a savings account. It completely misses the point. In TradFi, rate markets are some of the largest markets on earth. BIS had global OTC derivatives at ~$846T notional in mid-2025, and interest-rate derivatives made up ~79% of that. Not because everyone is chasing APY, but because every serious institution needs to manage yield, duration, floating-rate exposure and future cash flow. That is the real Pendle thesis. Pendle lets onchain capital split, trade, hedge and lock future yield. A DAO treasury, stablecoin protocol, fund, or onchain company earning elevated yield today can effectively put a stamp in time when rates are attractive instead of just hoping next month’s yield holds. That turns yield from passive APY into a balance sheet tool. As stablecoins, RWAs, tokenized treasuries, credit markets and yield-bearing assets grow onchain, rate management becomes mandatory infrastructure. Some users will want fixed yield. Some will want leveraged yield. Some will want to hedge. Some will want to speculate on where rates go next. TradFi already proved this market becomes massive when capital markets mature. Pendle is building the onchain rate market before most crypto people even understand why it matters.

Plasma is starting its own DeFi summer on @pendle_fi. The key signal goes beyond APY. These 4 markets are splitting capital into different roles inside the @Plasma ecosystem. 1. Fixed APY hunter - PT yzUSD 8.37% PT yzUSD currently offers the highest fixed APY on Plasma Pendle, with maturity on July 30. This pool represents “duration capital”: users willing to lock into a clear maturity for predictable yield. If this market expands, it shows real fixed-income demand forming on Plasma. 2. Leverage king - YT sUSDe 265x This is the main market right now, with ~$85M liquidity and ~$5.2M 24h volume. YT sUSDe acts as Plasma’s volume engine. Users are trading future yield, points, and incentive expectations. This is the layer that attracts traders, whales, and attention fastest. 3. Balanced yield - syzUSD syzUSD has 7.16% underlying APY and 7.13% fixed APY. This pool works like a yield-routing layer, letting capital rotate between fixed return and variable upside. It helps Plasma form a more flexible yield structure. 4. Stable play - PT USDe 4.78% PT USDe is the base liquidity layer for stablecoin holders. It gives users a simple place to park stablecoin capital with clear fixed yield. Overall, Pendle is helping Plasma build its own yield curve: PT brings stable capital, YT drives volume, SY adds flexibility, and USDe anchors stablecoin liquidity.

Reminiscences of a Stock Operator: Reminiscences of a Stock Operator is the biographical writings of Jesse Livermore, a commodities and stocks trader from the 19th century. Unlike many trading books, he focuses on his great losses as well as his great wins. It is packed with a ton of information and I won’t be able to fit it all into this one review so I highly recommend you go and read it yourself as well. One element he focuses on is the psychology of trading, and the longer I myself have been investing and trading the more important mastering your own psychology seems to be in making a profit consistently. Jesse Livermore was a smart kid growing up and very good at mathematics. He finished his schooling ahead of time and once he finished school he joined a stock brokerage firm updating the quotation board with the new stock prices as soon as they were received. This is where his interest in predicting the stock prices started and he kept a record of where his predictions were correct and incorrect. He soon started to place bets at so-called “bucket shops” which were unregulated markets to speculate on stocks. He quickly built up the sum of $25,000 (which in today’s money would be worth over $750,000). The bucket shops refused to work with him after he kept winning at which point he moved to New York. Once in NY, he lost all his previous profits as the system that worked for bucket shops didn’t work on exchanges. This was due to the delay in the time an order arrived to the exchange through his broker, slippage would change his price massively in the wrong direction. Previously being able to close a trade instantaneously without any market impact was a huge benefit. He eventually rebuilt his previous profits by using bucket shops and restarted once again on Wall Street. These are the lessons he learnt during his time there: - He referred to all the large losses he made as “tuition fees”, stressing them as learning experiences: “There is nothing like losing all you have in the world for teaching you what not to do. And when you know what not to do in order not to lose money, you begin to learn what to do in order to win.” - There is much to learn from partial victory as there is from defeat. - The learning process doesn’t stop at lessons on financial profit but also on avoiding losing capital. - Learn to distinguish between money lost due to the trader’s fault and money lost due to circumstances that were impossible to foresee. - You will match your intelligence against the intelligence of other traders who you will never see/talk to/meet. - The market is an intellectual challenge that you are constantly trying to outsmart. - A man may beat a horse race, but no man can beat horse racing. - The market is mostly driven by the psychology of the herd. - A trader shouldn’t blindly be bullish or bearish. A trader should be focused on if they are right. - Trends tend to be established before news is published. - In bull markets, bear news is ignored and bull news is exaggerated (And the reverse in bear markets). - During booms, take profits and realize that all trends come to an end. - The moment a raid by other traders stops, prices will rebound. - During a bear market, if there is a huge drop in the market and you are short, cover your shorts. - He studied price action of a stock in order to establish the line of least resistance. He thought that prices move along the line of least resistance and stocks are never too high to buy or too low to sell. “Suppose line of least resistance showed a bull movement. I would buy ten thousand bales. If the market went up ten points after, I would take on another ten thousand bales. If after buying the first ten or two thousand bales, the position showed a loss, out I’d go. I was wrong, maybe temporarily, but it doesn’t pay to start wrong in anything.” - When a line of least resistance is upwards and crosses a psychological barrier for the first time, momentum will often take the stock to an even higher barrier much faster. - To time your entry to the market: buy on a rising market. Never advance until you are sure you will not have to retreat. He didn’t like buying on declines and counting the decline from ATHs as profit. - Get out of positions when you have a market with sufficient liquidity. - A successful trader must develop the skills of observation and memory. To observe the market conditions accurately and remember at all times what they observed. - Nothing teaches a trader more than experience in the market. The more time they spend with the market, the more success they will often have. - Keep physically fit and mentally healthy. - Stick to your trading plan. It doesn’t have to be right all the time. As long as it is right 7 times out of 10 you are doing very well. - You don’t always have to be in a trade. If there is no reason to trade, don’t. - Fear and hope are the two most common emotional states in trading. In a downturn, an amateur hopes that every day will be the last day and he loses more than he should. When the market is bullish, he'll instantly take profits too soon out of fear. Instead, fear that your loss may develop into a much bigger loss, and hope that your profit may become a big profit. - He stresses the reader to think for themselves and do their own research instead of relying on others. If you lose your ability to think independently, either by falling to the influence of a magnetic and persuasive personality or by basing decisions on gratitude, both will cause a trader to be in a state of uncertainty and indecision, preventing him from trading with confidence. - Also, he stresses the importance of ensuring you have sufficient trading capital to maintain independent thinking, as without it, it becomes impossible to stay detached and emotionally unreactive towards the trades that you are making, and allows you to make minor losses. This is an old book, but it's well worth a read for investors and traders alike. Times may change but human psychology is still much the same.

Hey, Sign up Now to Linn's Leverage - You'll regret not signing up - Your ancestors will cry "why did you not sign up" - Children will point at your in the street and laugh if you do not - You're not fully "locked in" if you don't sign up - Filled with so much alfalfa you'd think it was a salad 👇 Go on:

How much funding have you paid? The @boros_fi team vibe coded something over the weekend. Paste any wallet address to see the damage. Starting with @HyperliquidX, with more coming soon. Check it out and let us know your thoughts!

You don't assemble a sponsor lineup like this together by accident. $100K, contributed by some of the strongest teams in the space across 6 tracks for the Turing Test Hackathon. They did their part. Now, let yours be on the submission.

Viral Marketing Tip for Small Protocols: Imagine you are a horny little goblin Hit on everyone and everything CT goes "wtf is this libidinous project" Get retweeted everywhere Pivot to highly professional and informative account Allow goldfish memory of market to forget

Reminiscences of a Stock Operator: Reminiscences of a Stock Operator is the biographical writings of Jesse Livermore, a commodities and stocks trader from the 19th century. Unlike many trading books, he focuses on his great losses as well as his great wins. It is packed with a ton of information and I won’t be able to fit it all into this one review so I highly recommend you go and read it yourself as well. One element he focuses on is the psychology of trading, and the longer I myself have been investing and trading the more important mastering your own psychology seems to be in making a profit consistently. Jesse Livermore was a smart kid growing up and very good at mathematics. He finished his schooling ahead of time and once he finished school he joined a stock brokerage firm updating the quotation board with the new stock prices as soon as they were received. This is where his interest in predicting the stock prices started and he kept a record of where his predictions were correct and incorrect. He soon started to place bets at so-called “bucket shops” which were unregulated markets to speculate on stocks. He quickly built up the sum of $25,000 (which in today’s money would be worth over $750,000). The bucket shops refused to work with him after he kept winning at which point he moved to New York. Once in NY, he lost all his previous profits as the system that worked for bucket shops didn’t work on exchanges. This was due to the delay in the time an order arrived to the exchange through his broker, slippage would change his price massively in the wrong direction. Previously being able to close a trade instantaneously without any market impact was a huge benefit. He eventually rebuilt his previous profits by using bucket shops and restarted once again on Wall Street. These are the lessons he learnt during his time there: - He referred to all the large losses he made as “tuition fees”, stressing them as learning experiences: “There is nothing like losing all you have in the world for teaching you what not to do. And when you know what not to do in order not to lose money, you begin to learn what to do in order to win.” - There is much to learn from partial victory as there is from defeat. - The learning process doesn’t stop at lessons on financial profit but also on avoiding losing capital. - Learn to distinguish between money lost due to the trader’s fault and money lost due to circumstances that were impossible to foresee. - You will match your intelligence against the intelligence of other traders who you will never see/talk to/meet. - The market is an intellectual challenge that you are constantly trying to outsmart. - A man may beat a horse race, but no man can beat horse racing. - The market is mostly driven by the psychology of the herd. - A trader shouldn’t blindly be bullish or bearish. A trader should be focused on if they are right. - Trends tend to be established before news is published. - In bull markets, bear news is ignored and bull news is exaggerated (And the reverse in bear markets). - During booms, take profits and realize that all trends come to an end. - The moment a raid by other traders stops, prices will rebound. - During a bear market, if there is a huge drop in the market and you are short, cover your shorts. - He studied price action of a stock in order to establish the line of least resistance. He thought that prices move along the line of least resistance and stocks are never too high to buy or too low to sell. “Suppose line of least resistance showed a bull movement. I would buy ten thousand bales. If the market went up ten points after, I would take on another ten thousand bales. If after buying the first ten or two thousand bales, the position showed a loss, out I’d go. I was wrong, maybe temporarily, but it doesn’t pay to start wrong in anything.” - When a line of least resistance is upwards and crosses a psychological barrier for the first time, momentum will often take the stock to an even higher barrier much faster. - To time your entry to the market: buy on a rising market. Never advance until you are sure you will not have to retreat. He didn’t like buying on declines and counting the decline from ATHs as profit. - Get out of positions when you have a market with sufficient liquidity. - A successful trader must develop the skills of observation and memory. To observe the market conditions accurately and remember at all times what they observed. - Nothing teaches a trader more than experience in the market. The more time they spend with the market, the more success they will often have. - Keep physically fit and mentally healthy. - Stick to your trading plan. It doesn’t have to be right all the time. As long as it is right 7 times out of 10 you are doing very well. - You don’t always have to be in a trade. If there is no reason to trade, don’t. - Fear and hope are the two most common emotional states in trading. In a downturn, an amateur hopes that every day will be the last day and he loses more than he should. When the market is bullish, he'll instantly take profits too soon out of fear. Instead, fear that your loss may develop into a much bigger loss, and hope that your profit may become a big profit. - He stresses the reader to think for themselves and do their own research instead of relying on others. If you lose your ability to think independently, either by falling to the influence of a magnetic and persuasive personality or by basing decisions on gratitude, both will cause a trader to be in a state of uncertainty and indecision, preventing him from trading with confidence. - Also, he stresses the importance of ensuring you have sufficient trading capital to maintain independent thinking, as without it, it becomes impossible to stay detached and emotionally unreactive towards the trades that you are making, and allows you to make minor losses. This is an old book, but it's well worth a read for investors and traders alike. Times may change but human psychology is still much the same.

Viral Marketing Tip for Small Protocols: Imagine you are a horny little goblin Hit on everyone and everything CT goes "wtf is this libidinous project" Get retweeted everywhere Pivot to highly professional and informative account Allow goldfish memory of market to forget