Mahone Defi

DeFi researcher | On-chain data analyst

[Mahone Defi @MahoneDeFi]

@joe_defi @maplefinance money move smother onchain

[Mahone Defi @MahoneDeFi]

@wallchain Crypto is about opportunity

If there’s no opportunity, it’s not crypto

[Mahone Defi @MahoneDeFi]

@DukeD_Defi @HyperliquidX @Pumpfun 5 of the top 10 by revenue are just the biggest casinos in the market

[Mahone Defi @MahoneDeFi]

@strata_markets @pendle_fi @ethena pendle!

[Mahone Defi @MahoneDeFi]

@TheDeFinvestor @_dexuai i think Monad gonna be huge this cycle

[Mahone Defi @MahoneDeFi]

@Kaffchad Compute is becoming the new money

[Mahone Defi @MahoneDeFi]

@StaniKulechov @DeFi_Andree Aave V4 feels like the closest version of DeFi lending to a traditional credit market.

[TokenLogic @Token_Logic]

1/ The @aave May 2026 Report is live 👻

Key metrics for May:
▪️ $26B user deposits
▪️ $11B active loans
▪️ $6M protocol revenue
▪️ 60.7% active loans market share
▪️ 116k active users

Full breakdown ↓

[Mahone Defi @MahoneDeFi]

@0xCheeezzyyyy Still one of the best yield assets

[Cheeezzyyyy @0xCheeezzyyyy]

https://t.co/sL0VPbZMwN

[Mahone Defi @MahoneDeFi]

@Tom_Degen68 Buybacks are only effective when there is no large VC allocation...

[Mahone Defi @MahoneDeFi]

@thelearningpill Hyperliquid

[The Learning Pill 💊 @thelearningpill]

https://t.co/6ESMjVfwNF

[The Learning Pill 💊 @thelearningpill]

Everyone still benchmarks $HYPE against other DEXs.
That stopped being the right comparison a while ago.

It now does 13.4% of Binance's volume, 25.4% of OKX's, 37.9% of Bybit's.

The fraction keeps climbing.

Here's how @HyperliquidX got there 👇

[Kaff 📊 @Kaffchad]

Dont just focus on the price, Hyperliquid's fundamentals still keep its momentum:

> weekly active users just surpassed 200k

> aggregated perps volume hit a new all-time high (+8%)

> rwa OI keeps breaking ATH ($3B atm)

> hip-4 has already crossed $200M in volume and keeps printing

> highest OI on the market for trading pre-IPO pairs

> coinbase has activated AqaV2 on USDC Hyperliquid, yield is now flowing into the HL treasury

and more

Strong conviction in the setup. The next leg up for $HYPE is loading, imo.

[RightSide @Rightsideonly]

Nobody noticed!.... but we did
Silver (XAG) is trading at two different prices on Boros

Binance implied at ~9.2% APR
Hyperliquid at ~4.4% APR
That's a 4.8pp gap on identical exposure

What do?
1. Short YU on XAG (binance): receive ~9.2% fixed
2. Long the silver perp on binance: cancels the floating leg
3. Long YU on XAG (hyperliquid): pay ~4.4% fixed
4. Short the silver perp on hyperliquid: cancels the floating leg

What you get is ~4.8bps locked, delta-neutral, funding-neutral. Doesn't matter where silver funding goes as the sprea is yours either way

[Mahone Defi @MahoneDeFi]

@Kaffchad Alpha!

[Mahone Defi @MahoneDeFi]

@FabianoSolana Launchpad wars taught us one simple lesson:

it doesn’t matter if your mechanism is buybacks or creator incentives.

the venue with the most billion-runner potential wins

thats how casinos work

[Mahone Defi @MahoneDeFi]

@MeshClans @MessariCrypto @jswihart @arjunkhemani @MartyBent @0xCheeezzyyyy @0xspicexr @VitalikButerin gud takes Mesh 🫡

Privacy is gonna become the next moat for major ecosystems, alongside liquidity, incentives, and distribution

[Mahone Defi @MahoneDeFi]

@Kaffchad @trdEverything superapp/super-interface szn?