CryptoThatDoesntSuck

When it is dark enough, you can see the stars.
In crypto since 2016/7. Created some of the Bobo memes on /biz/ in ye olde bear market of 18/19

[Mustafa @mustafap0ly]

claude code taking too long, trying codex

[Truth Nukem 🦍☀️🔳 @endofhistory236]

@cym27s Entire navies, air forces, and nuclear weapons programs get obliterated there, in some cases multiple times a day, only to reappear later as if nothing ever happened. Time has no meaning in the triangle, its always two weeks away from nuclear proliferation.

[VolgaLad @cym27s]

LMAOOO

[CryptoThatDoesntSuck @CryptoThat]

I just won $10.00 on @Polymarket!

Join me and put your money where your mouth is

[Bullpen @BullpenFi]

$100,000. One winner

We're launching a $100K trading competition the same day $HYPE tags a new ATH and the whole market's ripping green

What better sign could you ask for?

The trenches don't just survive bull markets, they grow and evolve

Are you the best trader on CT? Prove it. 👇

[CryptoThatDoesntSuck @CryptoThat]

I just won $5.05 on @Polymarket!

Join me and put your money where your mouth is

[Polymarket @Polymarket]

We're excited to announce our exclusive partnership with Nasdaq Private Market.

Retail traders can now get exposure to private companies, one of the historically most profitable asset classes, exclusively through Polymarket.

[Bullpen @BullpenFi]

The only apps you need to make your first million in crypto:

[CryptoThatDoesntSuck @CryptoThat]

I just won $9.62 on @Polymarket!

Join me and put your money where your mouth is

[Bullpen @BullpenFi]

"One of the key advantages of Polymarket, is them having all their data onchain"

With Bullpen you can build a skill to look at certain sports trends and execute a strategy based on this data, all within your terminal

[Derteil @derteil00]

2026

[Bullpen @BullpenFi]

Ansem invites @_TJRTrades to the Market Bubble Invitational

Trade crypto, indices, stocks and more head-to-head against top traders on CT

Winner takes $100K

[CryptoThatDoesntSuck @CryptoThat]

I just won $6.02 on @Polymarket!

Join me and put your money where your mouth is

[Mustafa @mustafap0ly]

@digitdustin ✈️📦😛

[Dustin Karp @digitdustin]

Stopped by @mustafap0ly desk today..

[Mustafa @mustafap0ly]

🤔

[rf.extended @rf_extended]

What's unique about Extended’s native money market.

With multi-asset collateral now live, @extendedapp users can deposit ETH and wBTC (with USDT and EURC coming shortly) and use them as margin to trade perpetuals. When a user's USDC balance goes negative, borrowing is triggered automatically with the Extended Vault serving as the primary lender.

The key difference is how borrowing rates work.

Traditional crypto money markets typically operate through isolated lending pools, where interest rates depend only on utilisation of a specific pool. Collateral risk is managed separately through haircuts and borrowing limits.

Extended's setup is fundamentally different.

The Vault lends against multiple collateral assets simultaneously, while borrowing demand emerges dynamically from unrealised PnL. In this environment static global borrowing caps are not practical.

As a result borrowing rates depend on two dimensions:
- overall vault utilisation
- utilisation against a specific collateral asset.

This means borrowing USDC against ETH can be cheaper than borrowing against BTC if system-wide exposure to ETH is lower.

The second layer is how borrowing is allocated.

When a user has multiple collateral assets, the system automatically routes borrowing through the lowest-rate collateral first, minimising the effective cost of capital.

Example: if a user has a negative USDC balance backed by both ETH and wBTC collateral, and ETH borrow rates are lower than BTC, the system will allocate borrowing against ETH first before routing the remainder against BTC, continuously reducing the effective cost of capital.

The result is a system where:
- users automatically receive the cheapest borrowing allocation across their collateral portfolio
- Extended maintains granular risk control over exposure to different collateral assets backing borrowed USDC
- vault depositors earn additional yield directly from trading activity.

[Ansem @blknoiz06]

Bullpen is #3 on @Polymarket's 24H builders leaderboard🥳

copy trading, wallet analytics, whale tracking, & mobile app alerts all live

https://t.co/7xtTD0yeqp

[rf.extended @rf_extended]

Extended end of Q1 update

[TLDR]

- Multi-asset collateral launching soon
- TradFi expansion accelerating (>25 markets live, partnership coming, focused on distribution via TradFi brokers)
- Becoming more institutional-ready (pricing methodology, trading workflows)
- Building decentralised, high-throughput sequencing

[Product]

The team has completed development of multi-asset collateral margin. It is now in the testing phase on testnet and undergoing smart contract audits. We expect to launch at the end of April or early May, with support for wBTC, ETH, USDT and potentially EURC as collateral, subject to underlying liquidity.

In Q1, we also doubled down on our TradFi offering, expanding to 25+ equities, indices, FX markets and commodities with competitive liquidity. We are currently finalising an agreement with a major TradFi broker, which will both broaden our offering and help bring in flow.

The other priority for the team is making Extended more institutional-friendly across both product and trading:
- Improving the definition and transparency of fair reference pricing for TradFi markets, with a consistent and clear methodology: spot-based references for equities and FX, and futures-derived pricing for commodities and energy
- Introducing and better communicating institutional-grade features such as MPC wallet workflows, API key-only trading, and our sub-account architecture

In addition:
- With multi-asset collateral, we have built native spot markets (required to process liquidations of non-USDC balances). These will be released shortly after the cross-asset rollout.
- The team is progressing towards decentralising sequencing via an application-specific chain built on a high-throughput implementation of full BFT consensus (targeting ~50ms block times and hundreds of thousands of transactions per second).

This architecture introduces an app-chain layered on top of our existing zk-enabled stack, enabling decentralised matching and related services while preserving existing security guarantees. More details and timelines will be shared soon. Importantly, this design enables Extended tokenomics and revenue accrual to the token.

[Growth and community]

Our strategy remains consistent:
- Stay open to feedback
- Continuously iterate on the product
- Encourage organic usage
- Do not do paid marketing or paid deals
- Focus on long-term sustainability and value creation

Over the past quarter, we have gained stronger conviction that demand for perpetuals is increasing among traditional players, driven by 24/7 trading, higher leverage and deeper liquidity. As a result, we are doubling down on business development with TradFi brokers (fintechs and trading platforms). This is a long-term effort, but we believe it will be a key driver of sustainable growth.

We also have several important integrations with trading terminals coming up, both retail and institutional.

[Team]

Over the past quarter, we hired 3 new team members and are now a team of 14. As we move towards decentralising sequencing, we expect to grow to 18-20 people in the coming months.

[Market and exchange metrics]

Nothing unexpected: January saw all-time highs across key metrics, followed by a broader market slowdown in February and March. All Extended metrics are public: https://t.co/ApTdGaTEOM

From our perspective, short-term market conditions are less important than long-term trends. What matters is that the market we are building in continues to grow and there is room for new players. We strongly believe this is the case:
- price discovery for TradFi assets is likely to increasingly shift towards perpetuals. More on this here: https://t.co/PyefvylBIJ
- DeFi continues to gain share versus CeFi
- Regulatory clarity is improving across both the US and Europe