AMMs were a solid start, but now we’re seeing... a clear demand for CLOBs, especially for highly liquid assets. Why? --- CLOBs are significantly more capital efficient than AMMs. In this simulation, CLOBs required 80% less capital while providing: - Lower slippage across all trade sizes - Less leakage to arbitrageurs (aka market makers in CLOBs) - Improved price discovery compared to the xy=k curve used in AMMs So why did we start with AMMs? --- Ethereum L1 isn't a high-throughput chain. Early DeFi primitives were designed with Ethereum’s throughput constraints, which made running an on-chain order book impractical. What’s changed? --- We now have better infrastructure. High-throughput chains could facilitate more frequent quote updates, resulting in tighter spreads and allowing CLOBs to achieve even more capital efficiency. Thanks to enzo for the inputs.show more

Monad is a general purpose blockchain. It’s a stablecoin... chain, AI chain, perps chain, CLOBs chain, socialFi chain, betting chain, gaming chain, NFT chain and more. Monad is the blockchain for everything you can imagineshow more

Everyone is talking about CLOBs. Here is what CLOBs... on MegaETH look like:show more

DeepBook empowers DeFi projects with real on-chain liquidity and... transparent order-book trading. Build beyond AMMs. Enable fair pricing, deep liquidity, and scalable DeFi infrastructure, fully on-chain. #DeepBook #DeFi #Crypto #OnChainshow more

Covenant is now live on Monad mainnet. Covenant splits... assets into - Leverage tokens (high risk) providing 1-click looping, - Yield tokens (lower risk) to lock-in rates, but remain liquid. Covenant brings capital efficient credit markets to Monad, multiplying composable liquidity across DeFi. More details below!show more

Infrastructure. Markets. Adoption. Coming into alignment to close out... a year of sustained growth. Here’s what you may have missed this week 👇 🔴 The Capital System of the Market Infrastructure Grid was unveiled, highlighting the industry-leading capital infrastructure powering modern markets on Sei: 🔴 Messari confirmed Q3 '25 as the fifth consecutive quarter of growth for Sei, with daily active addresses surging 93.5% and transactions rising 87%: 🔴 Spot volume on Sei surpassed $4.6B in Q3, driven by core AMMs and the early rise of onchain CLOBs: 🔴 Dune | We Are Hiring! highlighted the steady growth of the Sei ecosystem in their 2025 Multichain Report: 🔴 Sei Development Foundation released "Waking the Dead Capital" — an opinion article analyzing the long tail of RWA liquidity: 🔴 Sakura Nexus concluded Round 2 of its Genesis launch, setting a new trading volume record on Magic Eden 🪄: Markets Move Faster on Sei. ($/acc)show more

Trading on f(x) just got smoother. We’re pleased to... announce a new integration with Velora (formerly ParaSwap), one of the leading liquidity aggregators in DeFi. All xPOSITION and sPOSITION trades can now be routed through Velora’s optimized paths, resulting in best prices, lower slippage, and better execution. This means a more efficient, more reliable trading experience for every user. Trade Smart. Earn More. Sleep Well.show more

Tharwa x MEV Capital: Building Liquidity with a $2B... DeFi Asset Manager We’re pleased to announce our partnership with MEV Capital, a DeFi-native asset manager with more than $1.3B in TVL and $500M in AUM. Their focus on liquidity deployment and structured risk management makes them a strong fit as thUSD continues to expand. In practice, this means deeper liquidity for thUSD and sthUSD, tighter spreads, and access to strategies that connect directly into our bonds and stablecoin markets. MEV Capital’s DeFi expertise has allowed them to efficiently manage close to $2B of digital assets across EVM chains and L1 networks such as Sui and Solana. Their presence across the UAE and Europe also matches where we’re building on the institutional side. The partnership begins with their first allocation into thUSD, setting the stage for liquidity programs and bond market integrations. Their privately run investment vehicles and curated permissionless vaults represent the first wave of capital we expect to see enter the Tharwa ecosystem. Partnerships like this are about alignment. Experienced managers paired with structured systems create liquidity that is stronger and yield that lasts. We’re glad to welcome MEV Capital as a strategic partner. For more on MEV Capital: Website - X Account - MEV Capital LinkedIn - DeFilama -show more

We have integrated 1INTRO is now CoinChef’s 1DEX into... Jupiter Routing! Access 1DEX's liquidity pools and enjoy the best price always, across all AMMs onshow more

Across is now live on BNB Smart Chain. BSC... is the chain of choice for crypto users worldwide, from trading and gaming to DeFi and payments. Now, thanks to Across, you can move assets to and from BNB Chain in seconds, for cents. More details below ⤵️show more

Many web3 launches were decided in the first few... days. Refundable IDOs provided a useful early safeguard for investors. But a strong team launching into a bad market could lose momentum immediately regardless of long-term potential. There are teams that were judged too soon. That’s why we built IMOs. Capital unlocks with milestones. Giving builders room to prove themselves, while holding them accountable over time. Less “did it pump?” More “did they build?”show more

Over the last few months, our engineering teams have... been heads down building a high throughput, low-latency blockchain coupled with an exchange replicable across different data centers. We’ve invested thousands of developer hours designing our data infrastructure stack from scratch. We designed our own streaming indexer to serve data to our frontend in real-time, and shipped optimized memory crates to push our general shared IPC to under 100 nanoseconds. This architecture enables us to colocate our sequencers with the key sources of price discovery across all asset classes: Tokyo for crypto, New Jersey for equities, Chicago for commodities. In turn, institutional market makers colocated with GTE bare metal racks will be able to post orders with minimal roundtrip latency, resulting in the tightest spreads and pristine liquidity. We call this GTE Turbo. By optimizing the entire stack from hardware, to the software, into the networking stack, we will build a world where anyone, anywhere, can trade anything, at anytime. lfGTEshow more

Ralph Goodale on Canada-US relations: "A relationship that has... lasted for more than 80 yrs has come to an end. And we're now trying to build something to replace it. We need to make sure in building that replacement we are less vulnerable and less dependent than we used to be."show more

Announcing Undeads Marketplace We are pleased to announce that,... in collaboration with Superteam, we’ve created our own Collection Marketplace. It was designed to bring healthier market dynamics back to digital collectibles, which have recently become plagued by over-financialization. While some collections are pushing toward “fast, hyper liquid, order book based”, we believe that NFTs should be transacted more like art. -- Some of the best days of NFTs were several years back, on OpenSea, where you’d be browsing for pieces you actually vibe with. It was even more thrilling when floors were lava, and you’d be in a panicked rush to catch one you like before they sold. Friction was a feature. Our marketplace brings together legacy dynamics with new technology, which we believe creates the perfect climate for Solana collectibles to thrive. Focused on the collector experience, built on a cutting edge stack, and adding friction as a feature. No more points to farm or AMMs bleeding floors, but returning NFT trading to the way it's meant to be. -- Truly, we look forward to the many doors which will opened for Undeads and the broader Solana NFT ecosystem. You can expect Undeads to begin trading on our marketplace beta in Q4 2024.show more

Reya is bringing high performance trading to the Ethereum... L1 in a way not seen since DeFi Summer: atomically composable with the L1 ecosystem. We used to call it money legos. That means more ways for users to combine DeFi applications. More ways to hedge, express views and find edges as the system evolves. This is a new type of trading layer. One built for a new world. One built for you.show more

The hopes of DeFi start with Avalon 🔮 Avalon... Labs is the leading decentralized lending protocol on Merlin Chain and is now powered by Pyth. Learn more about our integration below: ℹ️ About Avalon Finance As the leading lending protocol on Merlin, Avalon features overcollateralized lending with an isolation pool mechanism for diverse asset collateralization. Avalon also integrates derivatives trading, providing a platform for trading major liquid assets, and offers an algorithmic stablecoin leveraging the lending protocol to enhance capital efficiency for users. 🔮 Avalon Finance is Powered By Pyth Avalon leverages the Pyth oracle to accurately value assets and collaterals on the protocol, and ensure liquidations are done in a timely and precise manner.show more

✅ Big version jump. Whats new?! XRP Ledger is... now in version 3.0! with some major introductions. New are the so called 'unsupported' amendments👀: - Lending and Borrowing on XRP, essentially Loans on chain. - DynamicMPTs, similar to Dynamic NFTs. these amendments are introduced, but not completed in development and not available to be voted on yet. in XRP 3.0 there are also a list of normal fix amendments, among them: fix for the TokenEscrow amendment. fix for PriceOracles. fix for MPTs. fix for clawback tokens in AMMs. the changes list is long and i want to thank everyone who contributed to this release. Hard work and effort went in to make the XRP Ledger a robust, reliable and innovative rail for on chain finance ❤️show more

Why we need more contributing validators in the space... in my latest opinion article in BeInCrypto, I am diving into why I think we should have more validators with public brands and that are actively contributing to the ecosystem that they are securing. this is what we aim to do with Lunar Labs Capital as an contributing validator to leading ecosystemsshow more

✦ $10B NEAR INTENTS VOLUME ✦ In 2025, NEAR... Intents became the fastest-growing infrastructure for cross-chain swaps. Now, Intents is on its way to becoming the universal venue for trading crypto and more. More chains. More assets. More liquidity. More users. More commerce.show more

📣THE INSIDE LINE 📣 🪙 Our funding partners Veloce... have established an ecosystem development fund of up to $5Million in growth capital 🎯 To create a highly liquid and cross-chain $VEXT market, capital will be drawn down to fund: 🖥️ Token Utility 💰 Liquidity Provision 🏗️Product Development 💬 Marketing 🎟️ Endless exciting activations & rewards We’re in for the long game! 🏎️show more

Institutional capital held in custody can now now access... on-chain credit markets through structured allocation via Spark. Through BitGo, capital can be deployed into Spark Savings vaults, where it is allocated across multiple credit venues within a single, structured system. Most on-chain lending requires selecting a single market or pool. Spark takes a different approach: Capital is deployed across venues based on predefined liquidity, exposure, and allocation parameters, rather than remaining fixed within one market. Reducing exposure to high-utilisation conditions where liquidity becomes constrained. This is a new path for institutional capital into on-chain credit markets. Spark is now available via BitGo institutional wallets.show more