The Ethena Market has just become the fastest ever market on Kamino to surpass $400M in size.
24 hours since launch:
• $200M borrow cap reached
• $225M+ USDe supplied
• $420M+ deployed
USDe scales with Kamino.
Btw we will never reveal who it is but the person behind @perps is an OG, absolutely cracked social person
Very amused at the tweets about us hiring an agency
How modern marketing works:
1. 10,000 people post about how stupid we are for buying @perps
2. Attention economy forms around Solana perps and how shitty or good they are
3. Volume and OI on Solana perps grow 50% overnight
BREAKING: The CLARITY Act has cleared the Senate Banking Committee @BankingGOP 🇺🇸
Next steps: full Senate vote, House reconciliation, then the President's desk.
Monetize your API with
In this new tutorial from @b_migliaccio, you'll learn how to set up a provider-side pay gateway to accept 402 payments without the need for a traditional billing stack.
crypto is no longer one industry —
it's at least 4:
1. stablecoins + payments
2. Bitcoin, crypto asset class
3. tokenization + onchain financial services (defi)
4. blockchain infrastructure
they are of course inter-related. but increasingly divergent in context
which is part of the mixed vibe right now
~$50,000,000 borrowed in <24 hours
Delighted to see the new @ethena USDe / USDG market on @JupiterExchange being so useful to investors.
Onchain markets move fast.
Check it out here:
Crypto is for financial apps.
If you choose your network based on grants, vibes, culture, potential founder retweets, or perceived Foundation alignment, you simply are ngmi.
Build where the most active users, liquidity, and assets live, and you have a shot.