Exciting update: Kimi K3 has landed at #4# on the Agent Arena leaderboard, matching Claude Opus 4.8 and GPT-5.6 Sol. If Kimi K3's weights are released on schedule by July 27, it will become the #1# open-weight model. This release marks a major leap in agentic performance over Kimi K2.7 Code (#23# to #4#). Based on 8K+ live agentic sessions, Kimi K3 leads on confirmed task success rate (#1#). It also posts a strong +20.6% on praise vs. complaint (#3#). It currently lags the field in steerability (#14#) and bash recovery (#17#). Agent Arena measures models on millions of real-world, long-horizon agentic tasks. Models get web search, filesystem, and terminal tools to complete complex workflows: writing code, creating slide decks, researching the web, building apps, and analyzing documents. We use causal tracing methodology to measure a model's net improvement, which indicates how much it improves outcomes relative to the average model. Here's a primer on the 5 signals: User-satisfaction proxies - Confirmed Success: an explicit "yes that worked" feedback from the user - Praise vs. Complaint: implicit sentiment in users reactions - Steerability: can the model course-correct when you push back? Tool-use proxies - Bash Recovery: how it recovers from CLI errors (primary signal for tool use) - Tool Hallucination: does it call tools that don't exist Below we break down how Kimi K3 scored across the 5 signals, drawn from tasks submitted by a global community of users. Congrats @Kimi_Moonshot on another big milestone!

Tony 大战 Herman Jin 我个人看法是以卵击石，不堪一击。 Tony老师拥有行业TOP 1级别的实盘交易，币Coin之前2年半做到1000倍。 本轮BTC暴跌，大家都在哭，只有Tony在笑。 Herman Jin老师自称前高盛高管，自称收益很高，实盘未见。 这边建议Herman 把自己置顶文章的： 很幸运，作为闲暇的爱好，写X结识了很多新朋友。感谢互相欣赏与启发，在过去2年里，我从24年4月初清仓BTC换成AVGO NVDA，大选前AAOI PLTR TSLA INTC，关税战后INTC GOOG，25年底又加仓INTC AAOI，到今年春节逃跑、再满仓AMD NOK（最近又操作了ORCL LITE）。虽然，有买彩票SUP归零，MRVL MDB也有赚有亏，但是我一直坚信AI对token的需求会让半导体every dog has its time，获得了不差得收益。期间不少小伙伴们也都赚到不少于10倍收益 把10倍收益和封神的交易记录，亮给大家看看，让我们支持你掷地有声啊，不然你这光什么xxx头衔，不如交易记录管用啊。 @ShanghaoJin @xtony1314

lots of conversations about base over the last week. wanted to share my candid take after a week of listening and a lot of reflection over the last 6 months. first off - in case it’s not obvious, the first quarter of 2026 was a punch in the face. I spent 2024 and 2025 making a two pronged bet to bring base to the world: (1) builders would unlock the next wave of crypto adoption; (2) adoption would be driven by new onchain-native social experiences - creators, content, messaging. imo we made the right bet on builders, but obviously the wrong bet on social. builders did drive the next wave of crypto adoption - prediction markets, perpetuals, stablecoins - but social was not at the center of it. in fact, the entire social side of the market that many of us had been building towards - farcaster, zora, miniapps, and yes, creator coins - disintegrated completely. I was wrong - whether it was timing wrong (is $ansem a creator coin?) or fully wrong, only time will tell, but regardless, i was definitively wrong. the collateral damage was pretty bad! and this year has been an exercise in eating shit. we realized how our focus on social had meant that base had fallen behind in key areas that were now increasingly critical - we had perps (shoutout avantis!) and prediction markets (shoutout limitless!), but both were well behind scaled competitors. and we had a lot of room to improve in unlocking base as a platform for tokenization and payments that really worked for enterprises. people lost confidence, and CT spectators reminded me weekly of all of my mistakes as often as they could. it felt bad man, still feels bad. but if there’s one thing i’ve learned from the last decade of building in this space, it’s that when things feel the worst, the best thing to do is just put your head down and build. so that’s what i’m doing. I refocused my time and attention back to the chain away from the app, started writing code again, shipped a bunch of stuff (azul, beryl, b20, privacy, ledgers) and questioned a bunch of my assumptions: does crypto need social to grow? does base need an app? can base be bigger than coinbase? I thought for a long time that social was the only thing that could drive the sort of viral growth to get crypto to a billion people. unsurprisingly, I now believe that’s wrong. It’s clear that better money is more than enough - we are seeing this live with stablecoins, predictions, perpetuals, tokenization and i only expect it to accelerate. I am now focused on bringing a billion people onchain just by making global finance actually work. on the app, my focus is on building base into the blockchain for global finance. to that end, i’ve handed the base app back to the coinbase mothership, where my now good friend @cobie will be taking it from here to make it the best damn app for onchain you’ve ever seen, including expanding beyond the base ecosystem in ways that tbh i won’t love as the leader of base. it’s incredibly hard to grow a decentralized network inside of a big public corporation. and i feel like much of the discourse on CT over the last week is downstream of this. the following things can be true: (1) base (and i) love memes and (2) brian probably won’t ever bullpost memes on the tl (this activity is illegal once you’re over 40 years of age). it’s weird and we’re working through it as we continue to decentralize base, which has been our commitment from the beginning. we’re going to build base into the blockchain for global finance and do everything we can to be the place that the world’s money settles over the next century. we will surely have formidable competitors (welcome robinhood and stripe!) and people may abandon our cause, but we welcome the competition and believe it’s our duty to win the respect and commitment of those who rally to our banner.  in 2026, this concretely means three things: winning trading, payments, and agents. [continued in the reply]

Top 15 onchain apps by protocol revenue: $HYPE, $PUMP, $CAKE, $SKY, $JUP, $AAVE, $AERO, $WLFI, $LDO, $MET, $ETHFI, $LIT, $CARDS, $UNI, $RAY Some of the top onchain apps by revenue have real cash flows, low overhead, and single-digit multiples, and with the CLARITY Act potentially weeks away, we believe investors are facing an attractive entry point today. Read more from @LowBeta's latest Stack article here:

Marine Ventures is live. Fund I is $100M. Funded by @victorone111 . Head of Research @SlimeVerse_ We back super individuals and the agents they build. Our first letter to the public: Pithcing Open: contact@marinevc.org