Sonic Labs has allocated $1,000,000 to buy back $S tokens on Binance. The tokens will be deployed periodically across onboarding campaigns in collaboration with Binance .
The first one is now live: https://t.co/6dJXHTfNeo
Introducing USSD, the US Sonic Dollar.
A network-native USD stablecoin built to be the stable liquidity layer across the Sonic ecosystem and a core piece of our vertical integration initiative.
Built on @fraxfinance's infrastructure. Backed 1:1 by U.S. Treasury bills from @BlackRock, @SuperstateInc, and @WisdomTreeFunds.
Zero minting fees. Permissionless. Cross-chain.
📝 Learn more below.
We're launching AGP - Sonic’s Ambassador Grant Program.
What it is: a three-month, performance-based initiative for community members actively supporting Sonic through content and engagement on X.
What we're looking for: consistency, quality, and clear communication - not spam, not hype.
Learn more → https://t.co/ip9DFcdaMb
Apply now → https://t.co/RNFYCQQuWb
Sonic's focus on vertical integration & strong technical execution positions it well for what comes next.
A good read on the changing conversation around L1 economics. 👇
This guy won a gold medal in Physics Olympiad, then built a $40 billion exchange with 11 people (zero VC money)
> raised in Palo Alto, California
> physics genius since childhood
> 2013: wins gold medal at International Physics Olympiad
> goes to Harvard, studies math & computer science
> graduates, joins Hudson River Trading
> builds high-frequency trading systems processing thousands of trades per second
> 2018: leaves Wall Street for crypto
> tries to build a prediction market
> fails
> pivots to trading, spots massive inefficiencies
> 2020: founds Chameleon Trading
> becomes one of the largest crypto market makers
> November 2022: FTX collapses
> sees the problem: centralized exchanges can't be trusted
> decides to build his own decentralized exchange
> 2023: launches Hyperliquid
> no VC funding, no marketing budget, no KOL partnerships
> just 10 engineers
> within 100 days: $1 billion daily volume
> 2024: airdrops 31% of tokens directly to users
> zero tokens to VCs
> 2025: processes $2 trillion+ in volume
> $1.24 billion annualized revenue
> 11 employees
> that's $113 million per employee
> now competing with Binance
This guy is Jeff Yan, CEO and Founder of Hyperliquid.
He is literally one of the smartest founders in crypto i've seen.
Whoever’s confused about what’s happening with $HYPE right now:
> Tornado Cash guy and Continue Fund finished dumping millions of $HYPE yesterday (major sell pressure is gone)
> DATs are accumulating millions of $HYPE (Bobby Diamond via Hyperliquid Strategies)
> Hyperliquid heavily benefits from the Gold & Silver run through HIP-3 (silver alone logging over $1.1 billion in 24-hour volume)
> Jeff just tweeted that BTC liquidity on Hyperliquid is deeper than Binance
> Hyperliquid‘s dominates all metrics (volume, open interest, daily active users)
> A huge amount of capital is still sidelined (they FOMO in)
> Some ppl try to short the chart and have to close higher
> More buyers than sellers
Hyperliquid
I think that we underestimate a future growth of BTC and the industry, given all the bullish signs like regulation, institutional adoption, reserves and tokenization
Speculation became complex, but mid - long term investments - much easier
The market will go high that much that you cannot Imagine and believe
But most of the coins won’t and number of successful ones will be decreasing over the time
The @EFDevcon 🇦🇷 week has finally come to a close, after a series of exciting side events and a bustling main conference! Check out our summary below!
Key Observations:
- This year's Devcon had a strong focus on showcasing founders and startups, with multiple demo days and startup pitching events by @base, @ETHGlobal, @akindo_io, and more, being held within the main venue
- Compared to other conferences, most side events were centred around major verticals like Privacy & ZK, DeFi, Payments, Wallets, and AI
- DeFiConnect's various summits also saw major turn outs, especially the Stable and Vault Summits
Sector Highlights:
- DeFi: Perp DEXs and vault products retain the most interest as perp volumes remain consistently high despite market downturn, and demand for onchain yield opportunities increase. @DWFLabs has just launched a $75m DeFi-focused fund to support teams working in this space. The @aave App and v4 testnet were also launched
- Stablecoins: Yield-bearing stablecoins continue to surface, following the success of larger players like @falconfinance and @ethena. Upcoming issuers largely propose new yield sources and collateral types
- Privacy & ZK: Potentially an increase in attention with the recent performance of @Zcash. Lots of chatter around @Starknet and @Ztark_Labs, @aztecnetwork's $AZTEC public sale, and zkTLS applications
- AI: @coinbase's x402 was everywhere, and integrated by almost every agent project. Multiple teams working on shipping tradable agents, AI marketplaces, and workflow optimization agents
- Payments: @joinpeanut presented across multiple demo days, dominating mindshare and showcasing the convenience of connecting to local payment networks. @WalletConnect Pay also proved to be an effective solution for those paying with stables
Argentina Crypto Scene
- Not limited to just Argentina, the presence of crypto within LatAm as a whole is significant, with a growing number of builders
- LatAm remains one of the fastest growing regions in terms of crypto ownership, with Argentina leading at close to ~20%
- Crypto-related solutions are actually seeing local adoption, especially within the stablecoin and payments sectors
Grateful for the past week of @ethereum and builder-focused events. Onwards to @binance Blockchain Week 🇦🇪!
NFA + DYOR
Check out my score on the @FlyingTulip_ accredited investor quiz. I am now ready to register for the whitelist. Are you? Use this link to take the quiz and secure your spot.
https://t.co/RrqvXoj0kH
If your project is looking for funds - we are more than happy offer loans or investments. Crypto or fiat
Reach out to @DWFLabs and get your cash today ✌️