Chappy.eth

If there’s such a thing as a loss addict, that would be me @Chappy_eth

[Chappy.eth @Chappy_ETH]

@Cysic_KR Cool~~ Cysic

[Chappy.eth @Chappy_ETH]

@Cysic_KR @leofanxiong Always Big 🔥

[Chappy.eth @Chappy_ETH]

@Cysic_KR good~~

[Chappy.eth @Chappy_ETH]

@Cysic_KR CyClaw? 🔥🔥

[Chappy.eth @Chappy_ETH]

@Cysic_KR 파이팅 🙏🙏

[Chappy.eth @Chappy_ETH]

@Cysic_KR 🔥🔥🔥

[Chappy.eth @Chappy_ETH]

@Cysic_KR Cysic = ComputeFi

[dingaling @dingalingts]

So you’re telling me Kanye launches a coin on the same day that the Libra team gets their $57m back?

[mert @mert]

crypto is full of speculation

solana scales crypto

so, solana scales speculation

it's easy to fixate on the negative aspects of this ("hurr durr memecoins"), but there are important positives

we're seeing these play out right now, and they're happening so fast that they're hard to notice:

i) unparalleled performance and battle-proofing

ii) extremely rapid iteration on market structure and defi competition leading to better and better trading

everyone already knows about solana's performance but I suspect they're not aware how fast solana is improving upon itself

in the past few weeks alone:

- solana has increased blockspace 20% (with plans to double it)
- TPS has been up and to the right for months (with reverted txns going down and successful txns going up)
- frankendancer and doublezero have been gaining adoption rapidly
- we hit 104k TPS *burst* on *mainnet*
- median fee volatility has remained remarkably consistent (meaning users and apps get better UX and economics)

coming soon:
- finality getting 80x faster to just 100-150ms
- jito's bam enabling app controlled sequencing and private pre-execution txns
- helius shreds and new archival system speeding up reads across the network
- ptoken

there is simply nothing that comes even close to this right now

but we already know that solana = speed + scale, so I posit that ii) is the real underdog here and it is not something people have awaken to yet

Solana DeFi is getting better, extremely fast

look at the chart below — the volumes for SOL-Stables went from being dominated by 3 DEXes to ruthless competition between 9 of them

you can now get better pricing *onchain* than an actual CEX, spreads are literally less than half a bp

read that again ^

you have prop AMMs rising up and market making getting much more competitive; same with tg bots, trading interfaces, launchpads, searchers, and even routers

you have teams IPO'ing on the NASDAQ and receiving stables on Solana

teams are surpassing trillions in volumes, ATHs in TVL, and continue to lead all apps in crypto in revenues

where is Coinbase expanding to after adding support for their own chain for their new trading focus? Solana, the reason is obvious

and this is not to mention the countless teams who've started expanding to Solana or are silently starting their startups on Solana after seeing what's possible with teams like pump, bonk, axiom — or the upcoming DATs and institutional partnerships

all of this, going into Solana Breakpoint, where teams start sprinting faster and faster, partnerships ramp up, and attention spikes

if you want to have a sizeable impact on the future of global trading and internet markets, come join us on Solana

[Chappy.eth @Chappy_ETH]

@stantopia wish you great success in the Korean market 🔥

[Chappy.eth @Chappy_ETH]

@stantopia How much can it rise from 15M?

[0xSun @0xSunNFT]

这个策略的执行我目前是比较满意的，8.1那天的ETH大概是3700，今天是4660，涨幅26%，而我做空的山寨涨幅集中在5-15%，整体利润率在16%左右，虽然赚的远不如裸多ETH，但是对冲的优势主要在于，面对下跌没有太大心理压力，这期间ETH最低到过3360，如果是裸多，硬抗这10%的跌幅还是挺难受的，可能就止损了，而对冲情况下，大部分时候山寨跌幅都会大于ETH跌幅，可能即使下跌过程中总盈利还在上升，持仓体验更好。

[curb @CryptoCurb]

manifesting.

[0xSun @0xSunNFT]

最近越来越体会到什么叫“经济上行时期的美”。

去年玩链上的时候，钱包就是名片，很多玩家是先成了聪明钱被监控，然后顺着地址被找到推特后才逐渐有了名气。

今年新KOL如雨后春笋般一批又一批，明牌地址实盘操作的却寥寥无几。

去年好故事层出不穷，狗狗币主人的新宠物，V神领养的河马，A16Z资助的山羊，被马斯克称为“拯救了美国”的松鼠，Solana官方站台的AI黑客松，到最后连特朗普都亲自下场发币。

今年除了几大发射台斗得你死我活之外，吸引人的叙事屈指可数，被讨论最多的是扒庄，扒来扒去，到底什么是庄也没个定论，多少有点从结果推原因的意思。

去年每个人都怀揣单币1M的梦想，江湖流传的是几大钻石手的故事，监控地址买入自己持有的币大家会欢欣鼓舞，因为知道他们不会轻易卖出。

今年不少群里以浇给车头为荣，人生高光操作就是市值100k买入500k卖出，推文洋洋洒洒头头是道，一看钱包累计收益几千u。

这一切是因为新人都很菜吗？当然不是，时代在进步，工具在完善，玩家只会越来越强，从一些博主的推文也能看出认知、逻辑都很在线。归根结底，是市场大势所趋，一方面特朗普老婆和阿根廷总统带走了巨量链上流动性，另一方面币安不再上SOL的Meme现货打压了天花板，时势难造英雄。

而从乐观的一面来看，币圈依然存在红利，无论牛熊也都一直有机会。下一个大叙事会以什么形式出现还不得而知，只能日积月累，做好准备，毕竟人的命运，往往就由那几次最重要的选择决定。

[0xSun @0xSunNFT]

目前多空分歧严重，我开了一笔对冲交易，做多ETH，做空一揽子山寨，仓位大概是1:1，和大家交流讨论下思路。

我的逻辑是，ETH是六月末开始的本轮上涨的发动机，主要推动力，一是机构效仿微策略，通过币股融资购买ETH，二是稳定币叙事，ETH是相关的核心基建与结算层。

参考此前微策略购买BTC，推动价格一路上涨的过程，到头来大部分山寨远远没有跑赢大饼。币股和机构用于买入ETH的这部分资金，也不太会外溢到其他山寨上。

数据上，根据CMC，过去30天Top200的代币里涨幅大于ETH的只有20个，还包括Bonk、Zora、CFX、ENA这些明显受利好事件驱动的。

山寨选择上，遵循此前做空的逻辑，优先选择市值偏高、非龙头、走法不强势、存在感低的，并且分散做空，设好止损，防止单个标的爆拉。

假如下半年后市继续走牛，我相信很大概率依然是会由ETH推动，假如走熊，我也不觉得山寨可以独善其身，而ETH至少有机构的购买力托底。会导致这个对冲思路失效的情况，要么是山寨季真的来了，大部分山寨都持续跑赢ETH，要么是ETH震荡或者领跌，而其他山寨反而跌的不多，按照这几个月的经验，我觉得可能性较小。

[beeple @beeple]

NO CRYING IN THE CASINO

[curb @CryptoCurb]

real.

[Bluntz @Bluntz_Capital]

the $pengu push into ath is inevitable

[curb @CryptoCurb]

PSA: BlackRock is accumulating Solana.