Alex Fine

@fun

[Alex Fine @AlexKFine]

After 7 years quietly building, it was fun to share some of my mistakes & learnings @MIT this week.

@fun's last financing was done at a $425M valuation, and we’ve now grown 9x since our $72M Series A. Our 30d volume just crossed >$100B annualized.

A few of my mistakes along the journey 🧵

[Josh Payne @joshpxyne]

The internet is dead. We’ve raised $35M total funding led by Khosla and Hanabi to bring it to life.

@coframe is a growth engine for your website/ads/more which tests, personalizes, & learns 24/7.

It’s working. Dropbox increased conversion by 158%. Replit, 410%. Cash App, 60%.

[Chloe @chloefunxyz]

Stoked about this! Humbled to be partnering @jtx_trade

[Alex Fine @AlexKFine]

There are two types of crypto investors:

1. Speculators who chose crypto as their medium
2. Investors who identify outsized value from new technology

>90% of crypto investors are the former. Multicoin is squarely in the latter.

That's why they were early on the biggest trends, and will continue to endure.

[Spencer Applebaum @SpencerApplebau]

New essay out on the @multicoin blog, which is an evolution of our thinking on DeFi value capture

TLDR is in a world where software costs trend to zero, finance is one of the most obvious industries where moats will exist and DeFi is perfectly positioned https://t.co/iXBtFnZndw

[fomo @fomo]

Tap the cashtag, trade it on fomo.

Available for all @solana tokens.

[Hayden Adams 🦄 @haydenzadams]

Tokenized $NVDA on Uniswap provided accurate weekend price discovery for the Jensen Huang affair

Was only a tiny 15bp gap at market open

[a16z @a16z]

In 1937, San Francisco finished the Golden Gate Bridge, initially derided as "the bridge that couldn't be built," ahead of schedule and under budget.

Nearly a century later, the same city couldn't build a single public toilet without exorbidant costs and years of delay.

Across America, communities face the same dysfunction: stalled factories, delayed energy projects, and crumbling infrastructure. We should be building faster and more safely than ever before. Instead, we struggle to deliver the basics.

The problem: our system rewards process over results. A growing bipartisan consensus offers a chance to change that.

a16z's Matt Cronin on the 5 priorities bipartisan legislation must address to get America building again: https://t.co/QZdGAdwEsL

[Josh @devjoshstevens]

New security feature: Withdrawal address allowlisting

You can now lock withdrawals from your deposit wallet to addresses you’ve approved. Adding a new address requires email verification and a 48-hour time lock, and you can cancel it from the email if it wasn’t you. That means even if someone gets into your session or you sign a bad transaction, they can’t drain funds or transfer your positions to an address you don’t control. I highly recommend enabling it if you are on the latest wallet version.

Turn it on in Settings → Account. Passkey support is coming soon to strengthen security further.

For non-deposit wallet users, we are developing a migration tool to help you move everything to the new wallet type. If you don't want to wait, you can open a new account to access this feature immediately.

We are also working on adding more advanced built-in security protection, without requiring you to enable anything on your deposit wallet - will also be live soon.

[Alex Fine @AlexKFine]

@shivnull @stabledash One of the most fun conversations yet

[Alex Fine @AlexKFine]

My unfiltered takes dropping soon on @stabledash

[Alex Fine @AlexKFine]

On-ramps will be killed within the next year.

They will be replaced by unified deposit solutions.

This is already happening.

Polymarket now does 8x more fiat payments with unified deposits than they did via on-ramp aggregation.

[Alex Fine @AlexKFine]

@vigstar1 This is very interesting

[Alex Fine @AlexKFine]

@0xRickyW @MIT @fun My secret competitive advantage CC @bryan_johnson

[Alex Fine @AlexKFine]

After 7 years quietly building, it was fun to share some of my mistakes & learnings @MIT this week.

@fun's last financing was done at a $425M valuation, and we’ve now grown 9x since our $72M Series A. Our 30d volume just crossed >$100B annualized.

A few of my mistakes along the journey 🧵

[Alex Fine @AlexKFine]

@KyleSamani 🥰

[Alex Fine @AlexKFine]

@SergioSanchezHQ @MIT @fun Appreciate you hosting @SergioSanchezHQ :)

[Alex Fine @AlexKFine]

@MIT @fun Will share more tidbits of mistakes in the months to come

[Alex Fine @AlexKFine]

@MIT @fun Moats don’t exist for early stage companies.

The only real moat for a startup is grit.

[PRED @predofficial]

The trading experience on PRED just got faster.

We've partnered with @Fun to bring modern payment rails to our platform - a unified deposit that actually keeps up with how fast markets move.

Fund your account in seconds.

The odds don't wait.

Now, neither does your deposit.

[YeNo @YeNoMarkets]

YENO 🤝 FUN

Big news! 🚀, We’ve partnered with @fun to bring faster, smoother, and more reliable deposits and cash out's to YeNo

Enjoy seamless global payment options, instant funding, and near zero drop-offs so you never miss a move on prediction markets

Try it now on https://t.co/f58l7G3UuX! 🎯

[Stand @StandDOTtrade]

🚨🚨HYPERLIQUID MARKETS ARE NOW ON STAND🚨🚨

The same great Stand 🎯 experience now covering Hyperliquid Outcome Markets💰. You can now...

✅ Discover Outcome Markets
✅ Save ‘em to your Watchlist
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Where do you Stand 🎯?