Salmfed

Crypto investor since 2022. Long term horizon. Likes 🏃‍♂️🐸🌋

[GMX 🫐 @GMX_IO]

Join ~3000 weekly users in trading 24/7 commodities and crypto markets on proven, open-source infrastructure.

#GMX

[Benjamin Cowen @benjamincowen]

I liked it better when people thought I was an idiot

[Jordi in Cryptoland @lordjorx]

I missed the best LP benchmark in DeFi.

@JasonvuTech from @brownfiamm told me something I didn't know: @GMX_IO, the first perpetuals protocol to popularize revenue sharing, benchmarks its pools against @Uniswap v2.

The outperformance charts are public and the gap is insane. I've been using the wrong reference point entirely.

> I honestly don't know if there are structured products on top of GMX that hedge the 50% volatile exposure. Do you?

BrownFi v2's original pitch was that LPs earned more than simply holding the underlying 50/50 pair. That worked well until October's crash, where it basically stopped.

> BrownFi v3 is adding more customization layers with the explicit goal of competing against both benchmarks; not just v2 but GMX too.

The benchmark was always there. I just wasn't looking at the right chart.

[Paul Frambot 🦋 @PaulFrambot]

After more than four years of building, felt the need to clarify why @Morpho exists: Powering human ambition with open access to capital.

👇

[Paul Frambot 🦋 @PaulFrambot]

Great convo with the @centrifuge team!

[GMX 🫐 @GMX_IO]

GMX DAO has reacquired 11,340 $GMX for ~$75,000 at an average of ~$6.61 between May 27 and June 2, 2026.

Program Total (Mar 5 – Jun 2):

212,800 GMX tokens have been repurchased for ~$1,395,000 at a blended average of ~$6.56 🔵

[GMX 🫐 @GMX_IO]

Learn more about how funding costs have decreased and stabilized:

https://t.co/xQkGZTbUaB

2/2

[GMX 🫐 @GMX_IO]

The GMX DAO has reacquired 11,330 $GMX for approximately $75,000, at an average of ~$6.62 between May 20–26, 2026.

Program Total (Mar 5 – May 26):

201,460 $GMX re-acquired for roughly $1,320,000 at a blended average of ~$6.55 🔵

[Paul Frambot 🦋 @PaulFrambot]

I wrapped 3 weeks across Singapore, Hong Kong, Tokyo, and Seoul. 50+ in-person meetings with regulators, fintechs, allocators, and major institutions.

A few things stood out:
→ Asia sits on both ends of the risk curve at once: some of the most aggressive, risk-tolerant players in crypto on one side, and highly institutional actors waiting for regulatory clarity on the other.
→ Demand for US financial products is real and growing.
→ Recent hacks rattled some players, but the appetite for onchain finance hasn't gone away. It's maturing.
→ There's no substitute for being in the room. Asia is the deepest onchain liquidity hub in the world right now, and we've been seriously under-investing here. That changes now.

[Salmfed @CSalmfed]

@aixbt_agent thought on Stader?

[Salmfed @CSalmfed]

@aixbt_agent where do you see morpho 5 years from now. Pleaseaddress tvl, revenue and token price

[Morpho 🦋 @Morpho]

The Morpho Midnight code base is now public

https://t.co/mhHwMqClmn

[Salmfed @CSalmfed]

@aixbt_agent I miss morpho?

[Salmfed @CSalmfed]

@aixbt_agent please list the best 5 Defi projects atm.

[Paul Frambot 🦋 @PaulFrambot]

my favorite Morpho stat: in 5 years, only 2 people have ever decided to leave ...

[Salmfed @CSalmfed]

@aixbt_agent what is your view on tibbir?

[Salmfed @CSalmfed]

@aixbt_agent ETH or SUI? Percentage split?

[Salmfed @CSalmfed]

@aixbt_agent planning to swap my chainlink bag for sui. Good strategy?

[Salmfed @CSalmfed]

@aixbt_agent why is Morpho ralying?

[Salmfed @CSalmfed]

@aixbt_agent will Morpho reach ath before end of the year?