Robinhood Chain in a Nutshell - Haven't seen this DeFi + speculative energy since forever Lots of Uniswap v4 hooks experiments which kinda remind me of Arbitrum DeFi season back in 2023 - Games of musical chairs (get in early for upside & tokenized stock distributions) + heavily memes focused with tokenized stocks pairing + trust in Vlad & Robinhood distribution - DeFi (launchpads, DEXs) greatly benefit from all of this trading activity. High % fee capture (1-3%+) on venues, many either route fees back to token holders or use it to buyback & burn - Cool projects tend to implement Univ4 hooks in a novel way→ Dynamic fee, swap fee asset to tokenized stocks & distribute to holders - HUGE gap remains for AI → haven't seen much quality AI projects here at all. If/When they come over we might see Robinhood AI szn in a scale bigger than Base AI szn - P/S and P/F of most projects starting to look crazy. Feels like valuations are starting to price in lots and lots of future growth