We've been working on something similar with @LambdaClass, @alignedlayer and @polfinance_ since @EthCC, great work by @kubimensah and @titanbuilderxyz. This will change things very fast. The bid ask spread is the hidden tax every trader pays on every trade. Tighter spreads mean better prices, more volume, and deeper liquidity. Right now Uniswap owns DeFi, Binance owns CEX, and Solana ate part of Ethereum's lunch. If PropAMM brings spread compression to Ethereum onchain, things change entirely and Ethereum will become the best place to trade. Traders follow liquidity, liquidity follows better prices. Better prices come from tighter spreads. All of it gets contested: Uniswap's dominance, Solana's momentum, Binance's volume. PropAMM on Ethereum could redraw the entire power map of this ecosystem. As always, LambdaClass will work with anybody trying to make Ethereum win. As always, LambdaClass will work with anybody trying to make Ethereum win. We've already delivered @ethrex_client. We're about to deliver an open source Wallet-as-a-Service and LambdaVM, a RISC-V zkVM built with @alignedlayer. We're building @ethlambda_lean, a Lean Ethereum client. We're also launching stablecoins on Ethereum for LATAM with @lemonapp_ar. We've been helping build a new coalition in the block building world, and now we're entering DeFi.

New thing in DeFi?! Cool stuff happening on Ethereum with PropAMMs going live. Check out what @titanbuilderxyz aka @gattacahq launched ( and also @bebop_dex ( 👀 Who else is working on this that we should keep an eye on?

weth/stables routes alone leak millions per month vs Binance so we've been pushing hard on builder performance and features to make propAMMs work on Ethereum. builders enable ACE and have more deterministic latency for makers, which means tighter quotes than CEXs or other propAMM chains. Ethereum will soon have the most competitive prices on major pairs. pAMM liquidity is now in every Titan block, permissionlessly. reach out if you want help integrating.

Want to learn something about Ethereum you probably didn’t know? Block building is where the real game happens. Private orderflow, dark mempools, sophisticated low latency setups... With @kubimensah I break down how Ethereum actually works at the block level. Out now!

I had a great chat with @tw_tter to walk through what actually happens between a user clicking 'swap' and the transaction landing in a block. Public and private mempools, what a builder is doing once everything arrives, why this layer concentrates the way it does, what ePBS and FOCIL each change.

Today we are thrilled to introduce bopAMM - Block Oracle Priced AMM on Ethereum. We’re building bopAMM with a clear objective: bring best execution to Ethereum. bopAMM is live in private beta and we welcome more partners to join.

.@drakefjustin: "I don't see how ETH could not flip BTC" Justin is asked: What's Ethereum? Is it a settlement layer? A world computer? Monetary network? He responds: "For me, this hasn't changed for many years. Ethereum is the Internet of Value." "In order to be successful as the Internet of Value you need very good money at the center of it because that will be the substrate -- the economic bandwidth -- that will allow you to build a lot of services (e.g. loans, stablecoins)." "In some sense, the success of the platform and the success of the money are tied at the hip. This is why I think those who are pushing for ETH as money are really helping the platform and vice versa -- those who are helping the platform are helping with ETH the money." "One of my theses is that we'll have winner-takes-most platforms. There's only one Internet. There's only going to be one Internet of Value that captures 90-99% of all economic activity. And just for weird, path-dependent reasons, we have Bitcoin that is the largest money right now. But I think this is a highly-unstable equilibrium for multiple reasons. And I think the best candidate to win the Internet of Value is by far Ethereum." @fede_intern adds to this point, "I was never convinced there was a chance of [Ethereum flipping Bitcoin] to be honest. But I'm getting convinced there's a high probability -- you [Justin] have played a part in convincing me because of the issuance (declining block subsidy) and now the post-quantum. I do think there's a high chance that ETH becomes the dominant economic substrate in the long-term. I don't see how proof-of-work could work long-term." Justin echoes this: "Unless there's some catastrophic failure of Ethereum, I don't see how Ethereum could not flip Bitcoin." Source: @blockspaceforum Read our thesis on why ETH is better money than BTC below 👇

Great two days of events and workshops at ETH CC last week. Fireside chats, talks, and sessions on how we can improve the transaction journey. Videos and posts coming on what was discussed. Enjoy this teaser ahead of your weekend. The ticker is ETH.

Last week at @EthCC, the @ethereum community made progress on two very important conversations: one regarding issuance and the other on the future of Ethereum’s blockspace. @kubimensah’s presentation “blockspace: a new type of commodity” is a must-watch.