Introducing pump fun GO: Pay ANYONE to do ANYTHING
Create & complete bounties for ANY task and leverage the power of humans & money across the globe
The world is at your fingertips. It’s time to GO 👇
The open interest cap on SPACEX has been increased to $7,000,000.
Reminder: the price of the Ventuals SPACEX perp reflects the market's expectation of the company's total valuation (in billions), not price per share.
Example: If the SPACEX perp has a price of $2,000, the implied total valuation is $2T
MUSK PAY TIED TO MARS COLONY AND SPACE DATA CENTERS
SpaceX has tied Elon Musk’s pay to bold goals like building a Mars colony and space-based data centers. He could earn massive share awards if the company hits a $7.5 trillion valuation and establishes a million-person presence on Mars, along with major computing capacity in orbit.
He gets nothing unless these targets are met and currently earns only a minimal salary. The plan is highly unusual and may create tension with Tesla, as both companies compete for his attention.
Ok because of this guy's awful take polluting my feed we need to bring back @0xSteadyLads this week. @dim_ss@TaikiMaeda2@JustinCBram get ready-
1. DRIFT + KELP hacks
2. @zachxbt vs PnD scams + Bitget/Binance
3. Saylor bought HOW MUCH? Greatest Ponzi known to man.
4. Peptides mania and why @MartinShkreli is Knowledgeable yet Idiot on the matter
5. Markettsss
OK — Kelpdao hacker, how much you want? Let’s just talk. With KelpDAO’s help, of course. It’s simply not worth it to sacrifice both Aave and KelpDAO and let them go down over this hack. You can’t spend $300 million anyway.
with stablecoin markets beginning to become illiquid, the situation is now entering a more dangerous stage imo
to break down the driving factors:
the ETH market is ~16.5% backed by rsETH, and rsETH backed loans could see up to 10-15% haircut in emode if losses are socialized equally on mainnet & external chains, leaving 2-3% residual haircut for ETH suppliers after wiping out umbrella
ETH suppliers are naturally incentivized to get out ASAP to avoid this, so utilization is pinned at 100%, and borrow rates are not high enough to incentivized repayment of unrelated LST loops (wstETH, weETH) to free up liquidity
because it is impossible to withdraw ETH, users borrowing stables like USDT against ETH collateral cant unwind their position even when the rates for stablecoin borrowing start to spike, which severs the typical incentives scheme keeping these markets healthy
now we have 2 unhealthy incentives based on the markets becoming locked at 100% utilization
1) ETH holders cannot unwind their positions to maintain healthy LTVs, and liquidators cant withdraw/sell collateral to close positions atomically, meaning that ETHUSD price drop could potentially cause bad debt
2) users supplying USDT have a perverse incentive to max-borrow other stablecoins as a way of exiting, the position has positive carry (for now) so the optionality has low cost, while if conditions worsen they can get at least 75% of their position value out of the market
bottom line is, for these pooled/rehypothecated lending markets to function properly, liquidity must be preserved AT ALL COSTS. recent slope2 changes nerfing Aave's max borrow rates are having a negative effect and significantly increasing the risk of cascading market failure
posted to soon as it is not pure bailout.
Tether lends Drift $100M as a loan paid back from Drift's future trading fees.
Users don't get their money back directly. They get a recovery token which is tradable claim on that future revenue pool.
$295M stolen so $147M committed from Tether and partners. The rest has to come from exchange fees over time.
In exchange, Drift drops USDC and makes USDT the settlement layer.
Which is smart coz maybe other Solana DeFi apps will adopt USDT instead of USDC.
Still Chad. Just not charity.
I want you to remember who doomerpilled you. Write the names down. The people who told you that Iran was gonna win the war. The people that told you Netanyahu was dead. The people that told you the market was gonna collapse and that America was over. I want you to remember which side always seems to win.
Heads-up: Pre-market so-called “news” or “Truth” is often just a setup for profit-taking. Basically, it’s a reverse indicator.
Do the opposite: If they pump it, short it. If they dump it, go long.
See something tomorrow? You know the drill.
The TurboQuant paper (ICLR 2026) contains serious issues in how it describes RaBitQ, including incorrect technical claims and misleading theory/experiment comparisons.
We flagged these issues to the authors before submission. They acknowledged them, but chose not to fix them. The paper was later accepted and widely promoted by Google, reaching tens of millions of views.
We’re speaking up now because once a misleading narrative spreads, it becomes much harder to correct. We’ve written a public comment on openreview (https://t.co/nDVjmNhATM).
We would greatly appreciate your attention and help in sharing it.
bear market astrology
- ogs sell >100k. selling above the 6-fig psychological accomplishment after holding for a decade+. below this round number they'll wait it out.
- etf holders (retail and hedge funds) accelerate selling below 100k. they r simply trend-following paperhands.
- at some point (80-90k) these sellers exhaust and more long term buyers come in. a local bottom forms.
- we pump to near 100k making everyone believe we r back. typical bear market rally that makes bears doubt their view.
- "macro" actually deteriorates and we bleed to 60-70k
- 6-9mo of consolidation in this area including one final capitulation leg down. no one believes we'll ever come back except for 5 ppl on this site.
- new cycle begins.