OnchainEconomist

Economist who treats crypto like markets, not casinos

[OnchainEconomist @OnchainEcon]

Everyone is farming $POLY airdrop. The data says they're building an IPO instead. And even if they wanted to reward the users who built it, they structurally can't. On-chain breakdown 👇 https://t.co/GRDAoVG3OA

[OnchainEconomist @OnchainEcon]

Fair on the RH mix. Calling ethereum:0x1f9840a85d5af5bf1d1762f925bdaddc4201f984 tokenomics garbage is the part that doesnt hold.

They got a lot better once buybacks and burns actually started. Being a dino coin is the point here. Vesting is done. No unlocks left hanging over the chart.

Yes the fee print is juiced by Robinhood chain. By that same logic ethereum:0x07f5b6823751c2e2cd4560f28af75ff887102241 is even more of a RH chain trade and solana:pumpCmXqMfrsAkQ5r49WcJnRayYRqmXz6ae8H7H9Dfn is even more meme infra. Newer teams, less track record. Id rather take the slower thing with cleaner supply than the hotter print with more duration risk.

[OnchainEconomist @OnchainEcon]

@mikhailtoh @Polymarket Thanks for sharing!!

Estimates are just estimates, but the leaderboards are real and refreshed daily from on-chain data.

Would be great to see $POLY happen one day…

[OnchainEconomist @OnchainEcon]

Every bitcoin:native holder should be thanking Saylor tbh

[Michael Saylor @saylor]

Strategy has acquired 4,603 BTC for $370M, increased USD Cash by $29M, and repurchased $152M of $STRC. As of 8/30/26, we hold 845,050 bitcoin:native and $6.71B of USD Assets, bringing Net Leverage to 0.0%. $MSTR https://t.co/XAAEZV5Gil

[OnchainEconomist @OnchainEcon]

@santiroy_28 @Polymarket Thanks for sharing!! Your LP position is genuinely strong, so if a drop ever happens you're well placed.

[OnchainEconomist @OnchainEcon]

To be clear: my ethereum:0x232ce3bd40fcd6f80f3d55a522d03f25df784ee2 bag is untouched. I bought extra LIT spot just to short against it for the farm.

[OnchainEconomist @OnchainEcon]

#1368 on the Lighter x Robinhood Chain leaderboard, and I've barely paid to get here.

The farm isn't won on volume, it's won on cost per point. Here's the delta-neutral base I'm running to farm at near-zero cost. 🧵

[OnchainEconomist @OnchainEcon]

On what a point's worth: I've been running the numbers off CT chatter, and $10-20 per point doesn't look crazy, weekly LIT supply ÷ points issued × price. But that's a supposition, not a figure anyone official gave you. Put a denominator on it or you're guessing.

Either way, the play isn't to chase that number. It's to farm at zero or near-zero cost, so whatever the point ends up worth, you're in profit. My delta-neutral base does exactly that: it pays me while I farm.

[OnchainEconomist @OnchainEcon]

One risk nobody flags: unstaking has a 3-day lockup.

So if LIT squeezes up hard, you can't instantly unstake to reinforce margin. I keep an unstaked slice liquid as margin ammo against exactly that. Don't stake 100% blind.

[OnchainEconomist @OnchainEcon]

@coinbureau The 14% is “signed into law by Dec 31,” not “the Senate votes on Sept 15.” Those are different events.

Cloture can pass and this market can still settle No.

https://t.co/WWdVWG3nFQ

[OnchainEconomist @OnchainEcon]

@DegenerateNews @Pumpfun https://t.co/7XvLgqByHH

[OnchainEconomist @OnchainEcon]

Pumpfun generated twice the fees of Hyperliquid in the last 30 days.

$PUMP trades at a fully diluted value 20 times smaller.

The market is not confused, it is pricing something very specific. https://t.co/37a0E447D0

[OnchainEconomist @OnchainEcon]

The same dollar of buybacks, three completely different prices. The difference is never the flow, it is how enforceable the promise behind it is.

[OnchainEconomist @OnchainEcon]

Pumpfun generated twice the fees of Hyperliquid in the last 30 days.

$PUMP trades at a fully diluted value 20 times smaller.

The market is not confused, it is pricing something very specific. https://t.co/37a0E447D0

[OnchainEconomist @OnchainEcon]

Anyone else loading bitcoin:native here 👀

[Suhail Kakar @SuhailKakar]

crypto wasted the last four years

more scams, exploits, rugs and memecoin brainrot than ever

the only products that actually broke out were perps and prediction markets

pretty embarrassing for an industry that gave us ethereum, stablecoins, uniswap and aave in less time

[OnchainEconomist @OnchainEcon]

@santiroy_28 @Polymarket @PolymarketTrade @PolyReward Crazy numbers!

[OnchainEconomist @OnchainEcon]

@saurav_tweets Imo what's actually dying is $POLY

Polymarket and prediction markets are just getting started

[OnchainEconomist @OnchainEcon]

@AlexPaz0X Honestly I'd bet on an IPO way before an airdrop

https://t.co/vbfcaPyy40

[OnchainEconomist @OnchainEcon]

Everyone is farming $POLY airdrop. The data says they're building an IPO instead. And even if they wanted to reward the users who built it, they structurally can't. On-chain breakdown 👇 https://t.co/GRDAoVG3OA

[OnchainEconomist @OnchainEcon]

@NJr07N @mustafap0ly @Polymarket Yeah of course, if he says more than he should he’ll have big problems… but they’ve been playing with us for months on $POLY. Now that he’s “gone”, he could finally play for the community too.