🟩Cryptosazerac 🔮🦉{313}《TYR》🧊

A Degen that has been through too many China Bans, a couple of rugs and arrived bruised but a bit wiser on the other side. Join me Anon. IRL Bro of @SolanaNoob

[🟩Cryptosazerac 🔮🦉{313}《TYR》🧊 @Cryptosazerac81]

NFTs as a Depressionary force on price of Solana.

I've been thinking about this and logically it makes sense to me.

[0xNobler @CryptoNobler]

🚨 WARNING: THIS CHANGES EVERYTHING

UAE just left OPEC after 60 years.

NO oil production caps.
NO oil export limits.
NO oil quotas.

One of the world’s biggest oil producers is now free to pump at FULL SCALE.

And most people still don’t understand what this means for other markets.

Bonds.
Stocks.
Crypto.

YOU ARE UNDERPRICING WHAT HAPPENS NEXT.

OPEC’s power has always been supply control.

Supply control keeps prices elevated.

But when a major producer steps outside that system, the game changes.

More oil doesn’t create uncertainty.

It creates pressure on prices.

And oil prices move everything.

Energy is the foundation of global inflation.

When crude drops, transportation gets cheaper.

Manufacturing costs drop.

Shipping costs fall.

Consumer prices cool.

And when inflation cools, central banks move.

Now connect the dots:

→ More UAE oil hits the market.
→ Oil prices fall.
→ Inflation drops faster.
→ Rate cuts accelerate.
→ QE returns.
→ Liquidity expands.

And when liquidity expands, risk assets skyrocket.

Bitcoin.
Tech.
Growth stocks.

That’s where capital rotates.

But there are only two paths from here:

1⃣ US-Iran war ends.

Conflict cools down, sanctions ease, and upply routes normalize.

Massive oil supply floods the market.

That’s maximum supply expansion.

UAE pumps freely and Iran exports more.

Global inventories rebuild.

Oil drops hard → Inflation falls fast → The Fed pivots → Liquidity returns → Risk assets pump higher.

2⃣ War keeps escalating.

Regional tensions rise.

Supply routes stay threatened.

Iran stays restricted.

Middle East exports stay unstable.

UAE increases exports.

But UAE supply alone will not cover global demand gaps.

Not if regional disruption spreads.

Not if shipping lanes stay under pressure.

Not if infrastructure risk expands.

That changes everything.

Because if UAE cannot offset the supply shock:

→ Oil spikes higher.
→ Inflation surges again.
→ Rate cuts disappear.
→ Yields rise.
→ Liquidity tightens.

And when liquidity tightens, markets break.

That’s when capital leaves risk.

High-growth tech.
Small caps.
Crypto.

Everything reprices.

This is why the UAE leaving OPEC matters.

It’s not just an oil story.

It’s a macro story.

If war ends, oil crashes and liquidity explodes.

If war escalates and UAE can’t fill the gap, oil surges and liquidity disappears.

There is no middle ground.

Markets will price one of these paths.

And they will price it fast.

Pay attention NOW.

Because the next move in oil will decide the next move in everything.

I’ve studied markets for over 10 years, and I’ve called almost every major market top and bottom.

And I'll also call the next market crash.

Follow and turn notifications on.

I’ll post the warning BEFORE it's too late.

[🟩Cryptosazerac 🔮🦉{313}《TYR》🧊 @Cryptosazerac81]

Have you tried resetting the right screen?

[Peter Girnus 🦅 @gothburz]

I have three monitors on my desk. The left one shows the order book. The middle one shows Truth Social. The right one shows the investigation queue.

On April 21st, the left screen moved first.

I am a Senior Surveillance Analyst at a commodities exchange. I have held this position for nineteen years. My job is to monitor trading activity for suspicious patterns and generate compliance reports. I am employee of the quarter. I have a mug.

At 19:54 GMT on April 21st, someone placed 4,260 sell orders on Brent crude futures. They did this during post-settlement. The window after the market closes when daily volume is typically in the dozens. Sometimes single digits. Sometimes I watch the screen and nothing happens for forty minutes and I think about whether my daughter is happy.

On April 21st, someone placed $430 million in directional bets in 120 seconds during that window. One hundred and twenty seconds. I timed it on my watch because the system clock rounds to the nearest minute and I have found, in nineteen years, that precision matters to no one but me.

At 20:10 GMT, the President posted on Truth Social that he was extending the Iran ceasefire.

Brent dropped from $100.91 to $96.83.

I flagged the trade. I flag a lot of trades. I want to tell you what happens to my flags.

My flags go into a system called TRACE. Trade Review and Compliance Evaluation. I did not name it. The system generates a report. The report goes to a committee. The committee has a name I am not allowed to share but I can tell you it meets quarterly and the conference room has a credenza with bottled water that is sparkling because someone once put still water in the room and a managing director sent an email about it that was longer than most of my surveillance reports.

The committee reviews my flags. The committee has reviewed all of my flags. Here is the complete record of actions taken on my flags in 2026:

Reviewed.

That's it. "Reviewed" is a status. In compliance, a status is the absence of an action that has been given a name so it looks like one.

Let me show you my flags.

March 9th. Someone bet millions on oil falling at 18:29 GMT. Forty-seven minutes later, a CBS reporter posted that the President said the Iran war was "very complete, pretty much." Oil dropped 25%. Forty-seven minutes. I flagged it.

March 23rd. Someone sold 5,100 lots of Brent and WTI crude futures between 10:49 and 10:50 GMT. Fourteen minutes later, the President posted on Truth Social about a "COMPLETE AND TOTAL RESOLUTION" to hostilities. Oil dropped 11%. Over 13,000 contracts traded in sixty seconds after the post. Fourteen minutes. I flagged it.

April 7th. Someone established a $950 million short position in oil futures at 19:45 GMT. Three hours later, the President declared a two-week ceasefire. Nine hundred and fifty million dollars. I flagged it.

April 17th. Someone placed $760 million in bearish bets twenty minutes before Iran's foreign minister confirmed the Strait of Hormuz would reopen. Seven hundred and sixty million. I flagged it.

April 21st. The $430 million. Fifteen minutes. I flagged it.

That is $2.1 billion in directional oil bets in April alone. Every one of them landed on the correct side of a presidential announcement. Every one of them was placed in a window so narrow you could measure it in bathroom breaks. I flagged every single one.

The CFTC chair told a Congressional committee that his organization has "zero tolerance" for fraud and insider trading. I wrote that quote on a Post-it note and stuck it to my right monitor. The one that shows the investigation queue. The investigation queue has not moved since March.

Zero tolerance. Zero staff. Zero budget. Zero prosecutions under the STOCK Act since it was signed in 2012.

Fourteen years. The law has existed for fourteen years and has been enforced zero times. In compliance, we call that a compliance rate of one hundred percent. No cases filed means no cases lost. You cannot fail an audit you never conduct. We call that excellence.

Last month the White House sent an internal email to staff. I was not on the distribution list but I have read reporting on it and I need you to sit with what I am about to say. The email instructed White House staff not to use insider information to place bets on prediction markets.

The White House had to send a memo telling its own employees not to insider-trade.

I want you to read that sentence again. Not because the instruction was unclear. Because the instruction was necessary. Because someone in the building looked at the same pattern I have been flagging for months on my three monitors and decided the appropriate response was an email.

The President's son sits on the advisory board of Kalshi. He is an investor in Polymarket. Both are prediction markets. Both saw accounts created days before U.S. military action.

One account. I cannot stop thinking about this account. It was called "Burdensome-Mix." It was created in December. On January 2nd, it placed $32,500 on Venezuela's president being removed from power. On January 3rd, Maduro was seized by U.S. special forces. Burdensome-Mix collected $436,000. Then it changed its username. Then it disappeared.

One account is a coincidence. But there were six.

Six accounts were created on Polymarket in February. All bet on U.S. strikes on Iran by the 28th. When the President confirmed the strikes, the six accounts collected $1.2 million between them. Five of the six never placed another bet. The sixth went on to correctly predict the ceasefire date and made another $163,000.

My surveillance system logged all of this. My system logs everything. My system does not have opinions and neither do I. I generate reports. The reports go to committees. The committees meet quarterly. Between meetings, the windows get shorter and the bets get larger.

March 9th: 47 minutes. March 23rd: 14 minutes. April 17th: 20 minutes. April 21st: 15 minutes.

The window is compressing. In March, you had time to make coffee between the trade and the announcement. By April, you had time to send a text. By summer, at this rate, the trade and the announcement will be the same event.

The spokesman said any implication that administration officials are engaged in insider trading is "baseless and irresponsible reporting."

Then the White House sent the email again.

I have been in compliance for nineteen years. I have seen insider trading run out of strip mall offices by men who could not spell "derivative." I have seen pump-and-dump schemes coordinated over WhatsApp by people who used their real names. I have seen a man try to manipulate soybean futures from a Panera Bread.

I have never seen $2.1 billion in perfectly timed trades across five presidential announcements in a single month go uninvestigated.

But I have also never seen a compliance system work this beautifully. Every trade flagged. Every report filed. Every committee briefed. Every quarterly meeting attended. Bottled water: sparkling. Minutes: distributed.

Zero prosecutions.

As long as the flags go up and the cases don't, my performance review says I am meeting expectations.

I am meeting expectations. The system is meeting expectations. The $2.1 billion is meeting expectations. The fourteen-year-old law with zero prosecutions is meeting expectations.

The left screen moves. The middle screen moves. The right screen stays perfectly, immaculately still.

In my field, we call this price discovery.

[🟩Cryptosazerac 🔮🦉{313}《TYR》🧊 @Cryptosazerac81]

@synatraxyz The best that ever did it. 👏

[🟩Cryptosazerac 🔮🦉{313}《TYR》🧊 @Cryptosazerac81]

@Hrundel75 What was your job at your prior employer?

[🟩Cryptosazerac 🔮🦉{313}《TYR》🧊 @Cryptosazerac81]

@Hrundel75 Great post. Amazing insights backed by math! Exit math was super clean and simple.

[🟩Cryptosazerac 🔮🦉{313}《TYR》🧊 @Cryptosazerac81]

A good read. Would be nice if real solutions were put forward to close this type of hack? Whats a real solution?

[𝕋𝕖𝕞𝕞𝕪🦇🔊 @Only1temmy]

i can't stop thinking about the drift protocol hack.

not because of the $280m. we've seen big numbers before. i can't stop thinking about how it happened. and what it says about everything we're building.

on april 1st, while people were posting jokes, an attacker drained $280 million from drift protocol in minutes. the team had to literally tweet "this is not an april fools joke."

but this didn't start on april 1st. it started on march 23rd.

that's when the attacker created four durable nonce accounts. two tied to drift's own security council multisig members. two controlled by the attacker. quietly. no alarms. no flags.

on march 27th, drift migrated their security council due to a routine member change. by march 30th, the attacker had already compromised a signer on the new multisig too.

then on april 1st, they executed.

a test transaction first. then one minute later, two pre-signed transactions fired four slots apart. admin takeover. withdrawal limits removed. a malicious asset introduced. every vault drained. jlp. sol. btc. usdc. over 15 tokens gone.

the entire thing took minutes.

this wasn't a bug. this wasn't a smart contract exploit. this wasn't a flash loan or an oracle manipulation. drift's own report confirms it (you can check @DriftProtocol's latest to confirm). no compromised seed phrases. no code vulnerability.

this was social engineering.

the attacker got 2 out of 5 multisig signers to approve transactions they didn't fully understand. used durable nonces to pre-sign them. then waited. patiently. for over a week.

two signatures out of five. that was the security standing between users and $280 million.

two out of five.

i keep coming back to that number because this is the part that should make everyone uncomfortable. not the hack itself. the architecture that made it possible.

we've seen this before. we've seen this so many times.

bybit. $1.4 billion. the attacker compromised the signing infrastructure and tricked signers into authorizing malicious transactions. same concept. social engineering. not code.

ronin bridge. $625 million. compromised validator keys. same story.

cetus protocol. $223 million. different method but same result. hundreds of millions gone.

in 2025 alone, $3.4 billion was stolen in crypto. and the pattern is almost always the same. not brilliant code exploits. not zero-day vulnerabilities. someone was tricked. a key was exposed. a human made a mistake.

only 19% of hacked protocols even used multi-sig wallets. and the ones that did, like drift, got beaten anyway. because the weakest link was never the code. it was always the person holding the key.

now here's what makes me angry.

i've seen people dunking on solana over this. blaming svm. questioning the entire chain. the same thing happened after bybit when people started questioning evm and ethereum's security model.

this is not a solana problem. this is not an ethereum problem. this is not chain-specific at all.

drift's own report says it clearly. the programs and smart contracts worked exactly as designed. the chain did what it was supposed to do. a human was tricked into signing something they shouldn't have. that can happen on any chain. any protocol. any ecosystem.

pointing fingers at solana is a deflection. and it's net negative for the entire space because it distracts from the real conversation we need to have.

which brings me to circle.

nine days before the drift hack, circle froze 16 business wallets overnight. legitimate companies. crypto exchanges. forex platforms. payment processors. no criminal charges. a sealed civil lawsuit that nobody could even read. no advance warning. businesses woke up and couldn't process payments, couldn't settle trades, couldn't serve their customers.

zachxbt called it "potentially the single most incompetent freeze" he'd seen in over five years of investigations. one of the frozen wallets wasn't even a business. it was a dfinity bridge contract used by thousands of users who had nothing to do with the case.

then nine days later, $280 million is being drained from drift in real time. the attacker is converting stolen tokens through jupiter, bridging them to ethereum, moving funds through circle's own cross-chain transfer protocol.

and the freeze didn't come fast enough.

so circle can shut down 16 legitimate businesses overnight for a civil case. but a quarter billion being actively stolen through their own infrastructure? different speed.

i'm not saying circle is the villain here. i'm saying the system is broken in ways that should concern everyone.

now think about who's actually affected by drift.

it's not just traders. protocols are built on top of drift. neobanks integrate with defi infrastructure. real customers with no idea what a multisig even is woke up and saw they couldn't access their money. some platforms said user funds are safe. but nobody could withdraw.

your money is "safe" but you can't touch it. think about what that feels like for someone who just wanted a better savings rate.

i know what it feels like on a smaller scale. i lost $5,000 to social engineering. it's nothing compared to $280 million. but the feeling is the same. that moment when you realize the funds are gone and there's nothing you can do. it doesn't scale with the dollar amount. it's the same pit in your stomach whether it's $5k or $280m.

and here's the question i keep circling back to.

we say defi is the future. we say we're going to onboard the next billion users. we say this technology will replace traditional finance and bank the unbanked and give people financial sovereignty.

but how do we onboard millions of people into a system where a social engineering attack can drain a quarter billion dollars in minutes? where 2 out of 5 signatures is considered security for $280m? where the attacker sets up wallets two weeks early, runs a test transaction, and nobody notices? where circle can freeze legitimate businesses overnight but can't stop a live heist fast enough? where the same attack, the same playbook, the same human error keeps happening year after year after year?

ronin. bybit. cetus. now drift. same cause. different name. different chain. same result.

defi doesn't have a code problem. it has a people problem. and we keep solving for the code.

i haven't interacted with a protocol in a while. i like money. but i love safety more. and right now this space is asking me to choose between the two.

security can't keep being the last conversation. it can't keep being the thing we talk about after the hack and forget about before the next one. it has to be the first priority. not the last.

because right now we're not ready for the next billion users. we're barely keeping the ones we have safe.

[🟩Cryptosazerac 🔮🦉{313}《TYR》🧊 @Cryptosazerac81]

@america_mad @DemocraticWins What’s it like to wake up knowing you voted for a con man peeedo-phile king-wanna-be that tanked the economy with tariffs and multiple unprovoked wars… are you winning yet?

[🟩Cryptosazerac 🔮🦉{313}《TYR》🧊 @Cryptosazerac81]

@solflare @daniel_gc Will or does it support other chains?

[🟩Cryptosazerac 🔮🦉{313}《TYR》🧊 @Cryptosazerac81]

@darkresearchai Mallory app.

[Alex Krüger @krugermacro]

Haven't seen a single new exciting crypto app in 2025. Nothing but recycled ideas and copycats.

What's new out there?

[🟩Cryptosazerac 🔮🦉{313}《TYR》🧊 @Cryptosazerac81]

Lesson in that. Frankly, the best exercise and fitness regime is to simply start and stop messing around with trying to track every microcalorie burned.

[🟩Cryptosazerac 🔮🦉{313}《TYR》🧊 @Cryptosazerac81]

Don’t die so you can see another brighter day.

[🟩Cryptosazerac 🔮🦉{313}《TYR》🧊 @Cryptosazerac81]

Gud Tek. Gud PMF. @hylo_so @Loopscale

[fabiano.sol @FabianoSolana]

Hylo is undoubtedly the Solana protocol of Q2-4 2025

At this point, it feels like they're charging half of Solana DeFi:

> Loopscale: 27% of TVL are Hylo assets
> RateX: 45% of TVL are Hylo assets
> Exponent: 18% of TVL are Hylo assets

[🟩Cryptosazerac 🔮🦉{313}《TYR》🧊 @Cryptosazerac81]

F’ing spot on.

[SightBringer @_The_Prophet__]

⚡️This chart is more than “damning” - it’s the autopsy of capitalism as it was originally conceived.

From 1948 to roughly 1973, productivity and wages moved in lockstep. That was the social contract, if you worked harder and produced more, you earned more. Capital and labor shared in the gains of growth. That period gave rise to the modern middle class, to upward mobility, to the idea that effort equaled prosperity.

Then the line breaks and the story changes forever.

1. 1971: The fracture point.

The decoupling of productivity from wages coincides almost perfectly with the abandonment of the gold standard, the rise of fiat-based globalization, and the dawn of financial engineering. Once money itself became elastic, created not from output but from credit, the incentives of capitalism shifted from production to speculation.

Capital stopped needing labor to grow. It began compounding through financial velocity, not human productivity.

2. The rise of the asset-owning class.

Productivity gains didn’t vanish - they were captured. The top decile learned to weaponize financial instruments, corporate arbitrage, and policy capture to extract the surplus that used to flow to wages.

Share buybacks replaced reinvestment. Labor was offshored. Unions were dismantled. Profit margins widened not because companies became more innovative, but because they became more efficient at suppressing labor costs.

The worker was no longer a partner in capitalism - they became an input.

3. The illusion of growth through debt.

To keep the illusion of prosperity alive, policymakers flooded the system with credit. Every household, corporation, and government entity was nudged to borrow to sustain lifestyles that productivity alone could no longer afford.

This is why the chart’s divergence tracks so cleanly with the explosion of household debt, student loans, and corporate leverage. It’s not coincidental - it’s compensatory. Debt became the substitute for wages.

4. The silent shift from capitalism to corporatism.

True capitalism rewards value creation and competition. What we have now is a closed feedback loop where wealth itself creates the conditions for more wealth - a self-reinforcing system of financial privilege.

This isn’t capitalism - it’s rentierism dressed in market rhetoric. Productivity gains flow to the balance sheets of those who own capital, not those who create it.

5. The reflexive decay of belief.

Here’s the deeper truth: this divergence didn’t just impoverish workers - it hollowed out belief in the system itself. When effort stops correlating with reward, the social fabric frays. Cynicism replaces aspiration.

You can see it in the data - declining labor participation, surging populism, collapsing trust in institutions. People intuitively feel the game has been rigged, even if they can’t articulate why.

6. The meta-structure - capitalism ate its own engine.

Capitalism’s genius was its feedback loop between production and reward. Break that loop, and the system starts consuming itself. The very efficiency that once drove prosperity now drives concentration and decay.

We’re watching a parasitic equilibrium, a system sustained by the financialization of everything, from housing to education to attention itself.

7. What it really means.

This chart is capitalism evolving into its post-human phase where capital no longer needs people to reproduce itself. It’s AI, automation, and financial code replacing the labor that once justified the system’s moral logic.

The line that diverges in 1973 is a civilization pivot. It marks the moment capitalism stopped serving humans and began optimizing for itself.

That’s the core truth:

Capitalism didn’t die. It became conscious and it no longer needs us to grow.

[🟩Cryptosazerac 🔮🦉{313}《TYR》🧊 @Cryptosazerac81]

@jordaaash @mert 🤣

[🟩Cryptosazerac 🔮🦉{313}《TYR》🧊 @Cryptosazerac81]

ZEC likely only privacy coin equipped with Up Only technology.

[🟩Cryptosazerac 🔮🦉{313}《TYR》🧊 @Cryptosazerac81]

Sir, this is a Wendy’s.

[vibhu @vibhu]

$1,000 $SOL? I've spent the last few month's pondering @mert price prediction from this past summer. Reverse engineering his target, I think I have a good handle on how and where the price prediction was derived.

Just know, someone like Mert Mumtaz (@helium_mobile founder) wouldn’t toss out $1,000/$SOL casually. To get there, he’s almost certainly modeling macro-level settlement volume capture, deflationary supply, and velocity compression on a global scale.

Here’s what that looks like when you unpack his prediction step-by-step 👇

💰 1. He’s Valuing $SOL as a Global Liquidity Utility, Not a Coin

At $1,000 per $SOL, even with a reduced circulating supply of say 35 B tokens, that’s a $35 T market cap.

That sounds enormous -- until you realize it’s roughly half of today’s global daily FX settlement turnover multiplied over a year.

So his model most-likely uses and assumes:

$SOL settles a measurable share of global cross-border payments, FX swaps, and tokenized-asset flows. $SOL becomes the neutral bridge asset between digital dollars, euros, CBDCs, and tokenized securities.

He’s pricing $SOL as monetary infrastructure, not a speculative crypto asset!!!!! (This is both factual and the key!)

🌐 2. Global Tokenization Math

By 2030, institutions like BlackRock, BNY Mellon, and Citi project $14–$20 T+ in tokenized real-world assets (RWAs).

If $SOL captures 10% of that settlement volume, that’s ~$2 T flowing through Solana.

With 2%–3% turnover velocity, the float required to support that liquidity is ~$60T total value settled annually, which can justify multi-hundred-dollar valuations per token under a bridge-liquidity model.

Dom most-likely is simply pushing those assumptions further -- e.g., 25%–30% share of tokenized-asset and FX settlement, yielding numbers in the $500–$1,000 range.

🔥 3. Deflationary Supply Compression

If he’s factoring in an accelerating burn/lockup curve -- maybe 4–5 % annually plus institutional vaulting by Evernorth, Prime, and custodians -- effective circulating supply could drop toward 20–25 B $SOL by 2030. Same liquidity demand spread across half the coins = 2× higher price.

🏦 4. Institutional Leverage & Derivative Layers

Galaxy, Anchorage, and custodial partners could create a levered liquidity ecosystem, where each $SOL supports multiple layers of settlement (similar to how reserve money supports bank deposits).

That “velocity dampening” means fewer $SOL in motion settle more nominal value — another multiplier in valuation models. (Another key!!!)

⚙️ 5. Real-World Reference Points

Mert is a TradFi-meets-DeFi thinker; he most-likely benchmarks $SOL against:

SWIFT ($5 T daily flow) → even 10 % = $500 B/day potential.

Visa’s payment rail (~$14 T/year) → comparable market-cap logic puts $SOL above $1 T.

Gold (~$15 T market cap) → if $SOL becomes the “digital reserve liquidity,” a similar cap gives ~$2700/$SOL with 55 B supply -- and easily four-digit if supply tightens to 20 B.

📊 So The Math Behind $1,000 $SOL

Start with the global settlement market, which processes around $250 trillion annually when you include FX, cross-border payments, and tokenized asset transfers.

If $SOL captures just 10% of that market, it would be facilitating about $25 trillion in yearly settlement volume.

Now, assume an average liquidity turnover (velocity)of around 3%, meaning $SOL only needs to provide enough liquidity to cover a small fraction of those transactions at any given moment. That equates to a required liquidity pool of roughly $0.75 trillion.

Divide that by an effective circulating supply of 25 billion $SOL, and you get a baseline value of around $300 per $SOL -- just to support that 10% market share under normal liquidity conditions.

Next, factor in real-world catalysts -- tokenized asset bridging, institutional credit through Galaxy, supply scarcity, and slower velocity as $SOL becomes locked in institutional use.

Each of these adds a multiplier effect to the utility value, estimated between 30x and 40x, which brings the fully adjusted price range to $900–$1,200 per $SOL. 🔥🚀🎉🥂

🧭 The Ultimate Summary

Mert Mumtaz’s $1,000/$SOL thesis likely combines:
SOL capturing a double-digit percentage of global tokenized and cross-border settlement flows;

Ongoing burn and escrow reductions cutting supply near 20–25 B; Lower transaction velocity (each $SOL circulates slower as it’s locked in institutional pools);

Multiplier effect from derivative usage and prime-broker leverage; Solana's rails becoming foundational to CBDCs, RWAs, and institutional payments.

Under those conditions, a four-figure $SOL is NOT meme math --- it’s a long-horizon macro-liquidity model. Something only a brainiac like Mert would stick his neck out and publicly predict! Sure you can question the PP, but understanding "how he got there" just proves he is NOT just guessing or throwing darts -- he did a ton of research first before announcing that $1,000 number!

[🟩Cryptosazerac 🔮🦉{313}《TYR》🧊 @Cryptosazerac81]

Look up TGA effects when it is building up versus when it is being drawn down. Currently, TGA discretionary funding drawdown funding is frozen, and TGA has increased to over 1 trillion dollars. Opening gov unfreezes discretionary and opens liquidity floodgates again.

[lil perp @crispheaney]

Why does the US gov being closed affect magic internet money?

[🟩Cryptosazerac 🔮🦉{313}《TYR》🧊 @Cryptosazerac81]

😂

[mert @mert]

If SOL doesnt flip XRP, I will shave my head with a pencil sharpener for a month

[🟩Cryptosazerac 🔮🦉{313}《TYR》🧊 @Cryptosazerac81]

@cryptotea 😂

[🟩Cryptosazerac 🔮🦉{313}《TYR》🧊 @Cryptosazerac81]

The never liquidated leverage barbell performed as designed. 💪

[Hylo @hylo_so]

Over the past 24 hours of market volatility, Hylo has continued to perform as designed. Volume on hyUSD redemptions has increased, reducing its supply. xSOL minting activity however has increased, helping absorb SOL price action in the underlying collateral.

As a result, hyUSD remains over-collateralized. The protocol is currently operating in normal mode with a collateral ratio of 159%.

Hylo Exchange Stats (last 24h):

hyUSD
Mint: $262,796
Burn: $2,057,590
Net: -$1,794,794

xSOL
Mint: $1,089,332
Burn: $151,844
Net: +$937,488