DWF Labs

Helping institutions, builders, and individuals power the future with liquidity, capital, ideas, and infrastructure.

Managing Partner: @ag_dwf

[DWF Labs @DWFLabs]

See you in Seoul? 🇰🇷

DWF Labs Haus returns for @kbwofficial + 1 year of @falconfinance

7PM + Tuesday, September 29.

Come for the cocktails, connections, and conversations shaping the next phase of digital assets.

Register below (and now).

https://t.co/ynG2jyPVYx

[DWF Labs @DWFLabs]

It's a new high: $3.6B.

Tokenized stocks are up 482% this year, with @binance, @xStocksFi and @Ondo leading the charge.

The scoreboard so far?
→ 0.0048% of the US equity market ($75T)
→ 0.0024% of the global equity market ($150T)

Trillions to go.

[DWF Labs @DWFLabs]

BitMEX winds down today. An era ends.

Robert Shiller proposed perps in 1993. For 23 years, nobody could build one. The @BitMEX founding team cracked it.

May 13, 2016: BitMEX lists XBTUSD, the first perpetual futures contract. The unlock was the funding rate. Traders on one side pay the other, anchoring price to spot with no expiry.

Ten years on, perps run crypto. $150B+ trades daily. 3-5x spot volume.

The funding rate outgrew its origin. Now a building block powering products like @ethena.

The history of perps, and where they're headed.

[DWF Labs @DWFLabs]

https://t.co/AQZcXFMUbo

[DWF Labs @DWFLabs]

Perps. Liquidity. Exchange wars.

@ag_dwf will be on stage discussing it all with @Cointelegraph.

See you in Seoul.

[Cointelegraph @Cointelegraph]

Onchain markets are gaining ground across Asia.

At CONNECT Seoul, industry leaders will unpack the rise of perpetuals and shifting liquidity across onchain markets.

• @benfielding, Co-Founder & CEO, @gensynai
• @AugieIlag, Partner & Head of Asia, @CMT_Digital
• @kylejenke, COO, @Optimism
• @ag_dwf, Managing Partner, @DWFLabs
• Paul Howard, Senior Director, @Wincent_co

Sept. 29 | Seoul 🇰🇷

Join here: https://t.co/Muulie0PiP

[DWF Labs @DWFLabs]

We're looking forward to one of the biggest weeks in crypto at TOKEN2049 Singapore.

Our team will be on the ground:

Lingling Jiang, Partner: @Lingersj
Andrew Sazonov, Head of BD: @0x_andrew_
Janae Zhang, BD Senior Associate: @jz_euphoria
Sing Lee, BD Associate: @0xSing00
Angus Chung, Head of BD
Sean Stubbings, Head of BD: @0xSeanSS

Reach out to our team to discuss partnerships and collaborations.

See you there 🤝

#DWFLabsxTOKEN2049

[DWF Labs @DWFLabs]

Last week opened with two headwinds.

CLARITY failed cloture 49-50 and the Fed hiked for the first time since July 2023.

Within 48 hours of the vote, the SEC and CFTC moved anyway.

The SEC exempted tokenized securities venues from the exchange definition for five years. The CFTC shielded passive non-custodial software providers from broker registration.

Ending the week with more regulatory clarity than we've ever had.

Full breakdown on everything that mattered last week in Eyes on the Market.

[DWF Labs @DWFLabs]

https://t.co/Ja4r7kK0AS

[DWF Labs @DWFLabs]

.@ag_dwf, Managing Partner, will be on the ground in Seoul during @kbwofficial.

He’ll also join the panel "Onchain Markets in Asia: Perps, Liquidity, and the Exchange Wars" at @cointelegraph Connect on 29 September at 2:00PM GMT+9.

See you there 🤝

[DWF Labs @DWFLabs]

Catch @ag_dwf at @GammaSummit during TOKEN2049 week in Singapore.

He'll be speaking on the panel "Old Money, New Bets" covering the future of capital markets and institutional adoption of digital assets.

[Gamma Prime Investing Summits @GammaSummit]

We’re pleased to welcome @ag_dwf, Managing Partner at @DWFLabs, as a speaker at the Gamma Prime Investing Summit.

Join us at The Fullerton Hotel Singapore on October 6 for a day of conversations with leading investors, founders, and market participants.

Confirm your spot in Singapore: https://t.co/MgBoDi8wSG

[DWF Labs @DWFLabs]

https://t.co/Ja4r7kK0AS

[DWF Labs @DWFLabs]

Incoming: Key market moments this week.

Monday: People’s Bank of China one-year loan prime rate.

Wednesday: Flash PMIs across Germany, eurozone, United Kingdom, then United States.

Thursday: US jobless claims and new home sales. Australia's August labour force report arrives. Swiss National Bank rate decision.

Friday: US durable goods orders.

What are you keeping an eye on?

[DWF Labs @DWFLabs]

90% of total PropAMM volume happens on @solana.

And with good reason. Here's why.

The viability of the mechanism heavily depends on costs and speed. A slower, less dynamic and more expensive network leads to less efficiency for market makers.
> increased cost of posting quotes
> getting picked off on stale prices
> extra inventory risk between updates

Solana's continuous architecture, combined with it's speed and cost makes it uniquely suited for the demands of PropAMMs.

That's not to say that it isn't viable on EVM chains.

While Ethereum lags in volume share, there has been considerable growth, from just under $7M in cumulative volume at the start of June, to $4.3B this month.

[DWF Ventures @DWFVentures]

https://t.co/8HbXglQfNB

[DWF Labs @DWFLabs]

Weekly RWA swap volume on @Uniswap crossed $3.3B on September 7.

That's 10x higher than the start of the year.

Tokenized equities made up 94%, primarily driven by activity on @RobinhoodCrypto Chain.

[DWF Labs @DWFLabs]

https://t.co/AQZcXFMUbo

[DWF Labs @DWFLabs]

We're excited to welcome our community at DWF Labs Haus during @kbwofficial 🤝

Join us and the @falconfinance team to kick off the week.

📅 29 September 2026
⏰ 7PM—11PM (GMT+9)

Register: https://t.co/ynG2jyPVYx

[CoinFerenceX @CoinFerenceX]

Meet Andrei Grachev(@ag_dwf), Managing Partner of @DWFLabs, onstage at CoinFerenceX The Best Event Singapore.

Andrei is the Managing Partner of DWF Labs, a Web3 market maker and strategic investor providing capital and liquidity to institutions and builders. Under his leadership, DWF Labs has become a global leader in offering deep, reliable liquidity across both centralized and decentralized venues, acting as a trusted partner for more than 1,000 blockchain companies, platforms, and institutions.

📍 5–6 Oct 2026
📍 Gardens by the Bay, Singapore

Stay tuned more big names dropping soon.

📅 RSVP on Luma: https://t.co/boaCunDBWJ
🤝 Sponsor or partner: https://t.co/Jeu6IXFGjy

#CoinFerenceX #TheBestEvent #DWFLabs

[DWF Labs @DWFLabs]

Join us for HotDesk Wednesday at our Dubai office 🤝

Register to work alongside our team and enjoy access to our premium workspace: https://t.co/ySCa9Gs6TH

The office address will be shared upon approval.

[DWF Labs @DWFLabs]

Every asset will be tokenized.

[U.S. Securities and Exchange Commission @SECGov]

🚨 TODAY: The SEC issued an order granting temporary, conditional exemptive relief to Tokenized Securities Venues from the definition of “exchange” in the Exchange Act to trade tokenized NMS stock using innovative permissioned automated market makers and liquidity pools.

[DWF Labs @DWFLabs]

.@kbwofficial is where elite leaders, builders, and communities shaping the future of digital assets are meeting.

Angus Chung and Sean Stubbings @0xSeanSS (Heads of Business Development) will be on the ground in Seoul.

Reach out to our team to discuss partnerships and collaborations.

See you there 🤝

#KoreaBlockchainWeek

[DWF Labs @DWFLabs]

Back next Wednesday too.

Register now to connect with our team and others brewing big ideas in Dubai.

Premium office space and community vibes? Included.

https://t.co/ySCa9Gs6TH

[Alessia @AlessiaBaumgar]

We are so back @DWFLabs Hotdesk 🐥

[DWF Labs @DWFLabs]

@comdesk8 it doesn't need to be the same gatekeepers

[DWF Labs @DWFLabs]

With or without Clarity:

Assets will be tokenized.
Blockchains = financial rails of the future.
Stablecoins = better money.
Markets will be accessible and 24/7.

[Falcon Finance @falconfinance]

Our Chief RWA Officer @ArtemTolkachev spoke at EBC12 in Barcelona about vaults as the next infrastructure layer for onchain asset management.

From the collateral side, almost anything can be tokenized. The questions are whether it can actually function as collateral:

→ Liquidity: how quickly can the asset turn into cash under stress?
→ Composability: where can the token actually be used onchain?

RWAs also come with their own risk stack: legal claims, redemption terms, offchain custody, and underlying markets that close.

That means underwriting them as credit and reading the documents, not just the deck.

Onchain markets run 24/7/365, but the underlying markets often don’t.

For a growing set of tokenized assets, T+0 liquidity already exists through different layers, and we expect more solutions to emerge as the market develops.