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

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

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

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

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

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

To replace animal testing with AI, we need MASSIVE... human datasets. Today, we're thrilled to share Axiom's new data exploration tool, providing the ability to visually explore the world's largest primary human liver toxicity dataset. Built with Axiom's proprietary wetlab protocols, our dataset includes detailed liver toxicity profiles for over 100,000 distinct molecules. The key to this dataset is our ability to do high-throughput, multiplexed high-content screening with primary human liver cells. Traditionally, toxicity assays either sacrifice throughput or sacrifice biological relevance (using easy-to-grow immortalized cell lines instead of real human cells). We managed to combine throughput, physiological relevance, and multiplexing in one platform. The assays run in a high throughput format using automation, meaning thousands of compound-dose conditions can be tested in one experiment. We achieved this using pooled primary human hepatocytes, which are often fragile and expensive. By systemizing our automation and quality control processes, we were able to run over 120+ batches on the same donor pool with incredible reproducibility and consistency. We did this while integrating many readouts per well, whereas many existing toxicity assays only do a single readout. Our multiplexed approach provides far more data per experiment enabling us to measure 10-20 different toxicity phenotypes such as apoptosis, necrosis, mitochondrial fission, endoplasmic reticulum stress, stress granule formation, microtubules, and more all from a single well on a 384-well plate! The combination of scale, high content information, and data quality is exactly what is needed to train highly accurate AI models in biology. If you're interested, please explore the dataset in the comments below and let me know if you want to chat about the details!show more

Circle Gateway: a new primitive enabling a unified USDC... balance instantly accessible crosschain. Now available on testnet for Avalanche🔺, Base, and Ethereum. Mainnet launch coming soon on additional chains with a robust chain expansion roadmap. ✅ Instant Access: Tap into your unified USDC balance crosschain in <500ms. No bridging, no prepositioning, no delays. ✅ Effortlessly Scale: Serve liquidity demand on multiple chains instantly with less working capital through a single integration. ✅ Non-Custodial: Users have full control of their USDC. Funds can only move with their signature, and withdrawals are trustless. We also want to recognize a few of the leaders in interop and chain abstraction whose work has inspired the creation of Circle Gateway. A special thank you to Across, ☉neBalance, Rhinestone, and Socket for the close collaboration. Start building on testnet:show more

Pyth Price Feeds are blasting off 🚀 Blast has... entered into orbit as a new Ethereum Layer 2 and the first of its kind to offer native yield for ETH and stablecoins. Blast is now live on mainnet. Learn more about Pyth’s deployment on Blast: ℹ️ About Blast Blast is the latest advancement in Ethereum Layer 2 solutions, delivering native yield for ETH and stablecoins. It accelerates and economizes transactions, with the backing of industry leaders like Paradigm, Standard Crypto, and eGirl Capital. 🔮 Pyth's Data-Powered Vision on Blast Over 15 apps have launched on the Blast and are harnessing Pyth’s low-latency, high-resolution price data: meathook—a gateway to 100+ crypto assets with high-leverage options. 100x—a high-speed perpetual DEX experience. Aark Digital—1000x perpetual DEX powered by LST/LRT. Blast Futures—a platform integrating perpetuals with native yield. Bloom—a leveraged trading DEX for rebasing assets. Curvance—a modular multi-chain money market with boosted yield. Deriblast—blends trading with gaming to create a unique experience. Easy X—a reimagined perpetual protocol for diverse asset exposure. Fragment—a new foundation for liquidity and lending protocols. HMX 🐉—a decentralized perpetual protocol with versatile collateral options. Juice Finance—an innovative approach to cross-margin DeFi. @Laser_on_Blast—a liquidity layer for on-chain banking on Blast. Orbit Protocol 🥮—a decentralized protocol for asset lending and borrowing. SynFutures—a decentralized derivatives trading protocol. YOLO GAMES—the go-to for high-stakes Degen Gaming. Zest 👾⚡️Genesis Version⚡️—a collateralized stablecoin with 100% capital efficiency. Pac Finance—a new pioneering DeFi hub on Blast. Seismic Finance—a new Blast native lending market. Thanks to the Pyth oracle, Blast is charting a new course for DeFi—one where accuracy and speed are not just nice-to-have features, but fundamentals that redefine users’ expectations and standards for on-chain finance.show more

We have sat on this video for a day... as we wanted absolutely no negative publicity for Jerry Rice or the tournament but this TMZ story has now come to light and we feel the need to set the record straight on what took place. We meant absolutely no disrespect to Jerry or the 49ers when asking this question as we have a profound respect for the great players that have played this game, especially (in our opinion) the greatest receiver of all time. The confrontation that followed was very unfortunate but we were not trying to elicit a negative reaction and there were no "smirks" as Mr. Rice suggested. We simply wanted the input of the greatest receiver in league's history about the Chiefs receiving corps and if it had improved enough to continue winning at a high level after an historically rough season for the group. We would be more than open to speaking with Jerry personally to clear the air on what happened and put it all behind us. Link to story including additional footage: TMZ TMZ_Sportsshow more

Seedance 2.0 - Advanced Workflows Series 14. Compositing and... Layering Some shots may have many characters that need specific movements. When we start adding characters, it becomes very difficult to achieve the exact animation, gesture, or movement we are looking of all of them in a single generation. In addition, the more characters are added, the more rigid Seedance 2.0 animations become in order to maintain consistency. This is especially visible in styles with squash and stretch and rubber hose animations, where the characters deform their body parts as if they were made of rubber, or in highly expressive movement animations in anime. For these cases, it is better to work on each animation separately and recompose it at the end into a video. Workflow + Prompts 👇show more

Exciting News Alert: Catalyst Joins opBNB Network! 🚀 Hold... onto your hats, because Catalyst is back in action, stirring up the world of cross-chain liquidity! We're thrilled to unveil our latest expansion: Catalyst now supports the opBNB network and BNB Chain. This means smoother and more efficient transactions across all chains are now within reach through Catalyst. Let's dive in! 🌊 Catalyst Meets opBNB Our mission to drive interoperability takes another big step as Catalyst teams up with Binance to launch on its domains. The opBNB Testnet deployment will initially support cross-chain swaps with BNB Chain. But wait, there's more! In the coming weeks, more chain connections will be added. Connecting the BNB Chain ecosystem to Catalyst's network is where the magic begins. 🪄 Get ready for a blockchain match made in heaven! Catalyst's prowess in cross-chain liquidity meets opBNB's optimization of the BNB Chain ecosystem. Picture this: high-throughput applications on BNB Chain, supercharged by Catalyst's seamless cross-chain capabilities. It's not just a partnership; it's a gateway to unlocking BNB Chain's full potential! 🚀 opBNB is a Layer-2 superstar built to amplify BNB Chain's might. Powered by the OP Stack, opBNB boasts a block size of 100M, ensuring stable and pocket-friendly gas fees. Whether you're diving into decentralized exchanges, gaming, or everyday transactions, opBNB's got your back with exceptional performance. 🌟 One of opBNB's standout features is its seamless compatibility with the EVM. For developers already well-versed in the EVM world, this means a smooth transition to building and deploying applications on the opBNB network. It's all about making life easier for the crypto community! 🛠️ Catalyst's cross-chain AMM expertise perfectly aligns with opBNB's quest for optimized Layer-2 solutions. The result? Effortless, cost-effective, and high-throughput transactions that benefit users, developers, and the entire BNB Chain ecosystem. Talk about a win-win! 💡 opBNB-Specific Mission Awaits Ready to embark on a thrilling journey within the opBNB Testnet? Whether it's swapping, yield generation, or portfolio management that tickles your fancy, Catalyst on opBNB has got you covered. Get set to explore a world filled with endless possibilities! 🌐 We've crafted an opBNB-specific mission on Catalyst Missions. Completing this mission isn't just rewarding – it also opens doors to the Catalyst community, granting you points and on-chain credentials for a deeper connection. Time to dive in and level up! 🚀 🔗 The integration of Catalyst: Lynx Testnet with the opBNB network is a game-changer. It's a leap toward redefining cross-chain liquidity solutions. Ready to explore endless cross-chain potential? Undertake the opBNB-specific mission and be part of crafting the future of decentralized finance with Catalyst. 🌌show more

Today, we’re excited to announce our €30m Series A... funding round. Led by Speedinvest , along with CommerzVentures and Latitude, and supported by existing investors Shapers, Headline, Chalfen Ventures, and Triton Capital XYZ (formerly Kraken Ventures), this round will enable us to expand across Europe. Millions of users continue to face friction within the traditional banking system. Lengthy procedures and extensive information requirements can limit the speed and flexibility with which individuals manage their funds. These constraints, along with a rising demand for transparency and user control, illustrate why fully on-chain financial infrastructure is becoming increasingly relevant. With this new funding, our mission is to accelerate our product roadmap and expand beyond our home market in France. In the coming months, you’ll see innovative products designed to give you more freedom and control over your money. Stay tuned. Thank you to our investors and partners! Speed is everything. LFG! 🚀show more

The final Epoch is now complete. DNA becomes fully... deflationary. 3 years ago, we bet on a revenue-share model before it was the meta. While the market was chasing high inflation tokens, we were building a sustainable system for the first truly on-chain DAO on Multiversᕽ. It was an experiment, and it is now battle-tested. The proof is on-chain. Over the last 4 epochs, the DAO generated enough revenue to buy back over 6m $DNA from the total supply. Even with EGLD dropping ~90% since our token fair-launch (with no raise, pre-mine, allocations, or hidden unlocks) $DNA sits at roughly the same USD price today as it did on Day 1. The DNA/EGLD pair has outperformed the market and remained healthy, proving the model works even in the toughest conditions. Now, the dynamic flips. Emissions have officially ended. We are entering a full deflationary cycle. No more DNA will be printed, but the DAO will keep buying. We expect the value of DNA to reflect this scarcity, while the power of your Subject X NFTs remains the key to accessing that value. What’s next? We switch our focus fully to strengthening the MultiversX ecosystem. We are here to build tools, products, and open-source tech that grow the chain. When EGLD grows, our products grow. When our products grow, the DAO earns more. When the DAO earns more, $DNA gets stronger. Thank you to everyone who made this journey possible. History is written. Now we continue building.show more

📣 Solidus Ai Tech Data Center Secures 3-Year Global... Compute Deal! We're proud to share a major milestone for Solidus Ai Tech — we’ve signed a 3-year agreement with a leading global company who will be utilizing compute from our datacenter infrastructure. Why is this such a big deal? This deal guarantees that our servers will be fully utilized, eliminating idle time and ensuring consistent, recurring revenue. But the real value lies in what this unlocks next. This agreement gives us more than just predictable income — it creates a solid, revenue-generating use case that proves market demand for our infrastructure. Off the back of this, we’re now in a much stronger position to open doors to top-tier funding institutions, VCs, and strategic investors. With a working business model in place, we can confidently raise capital to: • Expand our server capacity • Complete the full build-out of our datacenter • Explore land acquisition for future growth — even in new regions This isn’t just a deal — it’s a turning point. We’re now accelerating toward a much bigger vision, and this partnership marks the beginning of a powerful new phase of scale and opportunity. Message from the CEO & CCO:show more

More Batteries vs. Submarines Now that the German TKMS... and the French Naval Group have massively adopted lithium-ion batteries, following the Japanese lead, this is consolidating as a major trend, just as I had predicted. The next stage will be solid-state batteries, and at that point, we'll essentially be discussing only speed and submerged endurance in comparison to nuclear submarines. Since solid-state batteries are lighter, they will allow for a greater number to be installed, freeing up space for more powerful propulsion systems. Naval Group has already sold a version of the Scorpène to Indonesia capable of remaining submerged for up to 80 days. That's with lithium-ion batteries. Imagine what this could exceed, more than double, with solid-state batteries. In practical terms, a more powerful engine combined with solid-state batteries in the proportions that Naval Group is now using in the Scorpène would provide three times the speed, meaning something like 10–15 knots at constant speed while maintaining around 50 days submerged. This would give a range of 40,000–50,000 km, requiring less than one hour on the surface for a fast recharge. For speeds above 25 knots, simply adding more batteries and a better engine would suffice, as the solid-state system has high power output. All this at 15–20% of the cost of a nuclear submarine. And if the choice is to power the batteries with a micro-reactor, it would cost 25–35% of a conventional nuclear one. Then someone will say: “But a nuclear sub can stay submerged for years.” That makes no difference at all, since even with around 60 days of endurance, the crew still needs to surface to resupply provisions. The big advantages remain: battery-powered subs are superior in silence, and speed can be addressed with larger battery packs.show more

At Uber a big problem for design teams and... engineering teams was design source of truth. No one knew what the app truly looked like, so weekly a bunch of designers would get into a meeting room and check that the engineers correctly implemented the figma designs that they made Now with coding agents throughput of changes has increased an order of magnitude and it has become impossible to manually keep up. Here we used the Revyl CLI to create a flow of every state in the Uber design, by navigating our mobile use agent on an cloud iOS simulator. This is something that would have taken a team of designers tens of hours to recreate manually; All done in less than an hour asynchronously with a simple prompt. Enable your team to know what your users are actually seeing and empower coding agents to give your users a delightful experience without any blindspots Get started with our new free trial and create a map for your own app 🗺️show more

#education FinTwit pushes a myth that you should only... chase breakouts and trending stocks. This works for some, but it is a trap for others. If you are an investor, your goal is building income, not just following momentum. Take $EOSE as an example. It took a 50% haircut after being called the next generational wealth play. Once the hype died, the furus disappeared just like their moms' money. Conviction in a strategy means looking for ways to lower your cost basis through premium collection, not just praying for a price recovery. The results of active management speak for themselves. Here is the breakdown on a position I have been working for the past month: • Initial purchase price: $4.73 • Current effective cost basis: $3.47 • Total cost reduction: 27% • Current core position: +60% I achieved this without selling a single share. This drop came purely from selling calls and puts. I did not take profits, had I, I would have lowered my cost basis more. Instead, I’ll continue to generated income and recycled capital while keeping the entire position intact. Leaving capital available for the next ER drop. And…the mechanics are a lot simpler than most think. Determine your maximum capital for a conviction play. Let’s say you allocate $10,000, use $2,500 for your core position. Use the remaining $7,500 to sell puts or spreads. While the stock consolidates, generate an extra layer by selling calls. High volatility in stocks under $8 is a blessing. High IV means higher premiums for sellers. Bring it in for the real sauce for extra yield ⚠️: • Use a small portion of your unallocated capital on Thursday’s around noon. • Find a juiced ATM or ITM strike. • Buy 100 shares and sell that strike. • If the stock stays over the strike by Friday, the premium is yours and the shares are gone. This creates a 1.2% to 1.7% return on a one day hold. • If the price drops, keep the shares and sell covered calls for the following week to capture another 1.2% to 1.7% • With the goal of having this last shares to be call away. Now for the FuruKiller fact. If you do not want to count this as an ECB reduction, let's talk about yield. I pulled a 26.8% return in one month. Even if the haters say that is luck, let's be generous and cut that in half. Take 13% over a 12 month span, you are looking at over 150% annualized return. That already smokes the market and your average furu. And for the kicker. Over the whole month, I averaged only 63.3% of my rolling capital in use. That is 25% locked in core shares and 31.3% in options strategy. I generated that 26.8% return with 36.7% of my capital sitting on the sidelines. So does chasing stocks that have run 600% make you money, yes, but so does investing in something not in a circle jerk. And it doesn’t have to be in speculative names under $10. I’m doing this with other names as well.show more