Drewski

Gacha addict | Leverage master| Sleep deprived

[Drewski @SmellsLikeDrew]

@indigotradess 9.3B clearing 20B, 32B, 80B on text is nasty work, chart says enough

[Drewski @SmellsLikeDrew]

@ideogram_ai Frozen 8B text encoder plus trainable DiT feels like a very deliberate split. Smart setup.

[Drewski @SmellsLikeDrew]

@2xnmore that's the part nobody talks about. RWAs going multichain means the UX problem gets 10x worse, fifty wallet prompts to do anything. Orbitals_gg already solving that, clean access to protocols like Flux without the tab chaos

[2xnmore @2xnmore]

Most people know $ONDO for tokenised Treasuries.

Almost nobody is talking about what sits on top of them.

It is called Flux Finance.

And it is the reason ONDO is not just an RWA platform.

It is a full DeFi money market backed by real-world assets.

Here is how it works.

What Flux Finance actually is

Flux is a decentralised lending protocol built by the Ondo Finance team and now governed by the Ondo DAO.

Think Compound V2, but redesigned specifically to handle tokenised real-world assets as collateral.

$44M in TVL. $34M in active loans. All on Ethereum.

The core mechanic

You supply stablecoins like USDC or DAI into Flux pools.

You earn 3 to 5% APY.

That yield is not coming from token emissions or liquidity mining.

It is coming from borrowers using OUSG, Ondo's tokenized U.S. Treasury product backed by BlackRock's BUIDL fund, as collateral.

Your stablecoin yield is backed by U.S. government debt.

That sentence should stop you.

Why this is different

In standard DeFi, collateral is volatile crypto.

In Flux, the collateral is tokenized Treasuries.

The thing backing your loan is the same thing backing the U.S. financial system.

Liquidation risk drops dramatically when your collateral does not move like a memecoin.

The governance layer

Flux is governed by ONDO token holders through the Ondo DAO.

Every parameter, every upgrade, every fee decision goes through on-chain voting.

That is the fee switch thesis in one sentence.

As Flux grows, ONDO governance controls the revenue tap.

The full picture

$ONDO tokenises Treasuries via OUSG and USDY.

Flux turns those Treasuries into DeFi collateral.

Ondo Chain becomes the settlement layer for all of it at an institutional scale.

Three layers. One protocol. One governance token.

Most people are still only looking at the first layer.

The people who read the docs always buy before the people who read the price.

[Drewski @SmellsLikeDrew]

@paulg The specific date question is perfect. Forces them to either back down or expose the narrative as marketing pressure dressed up as advice

[Drewski @SmellsLikeDrew]

@thatsshakes @420Akimbo @Coredao_Org since when do impressions secure blocks

[Drewski @SmellsLikeDrew]

@OFoggler if the selective rotation thesis holds, the on-chain flows should confirm it pretty clearly by now

[Drewski @SmellsLikeDrew]

@MSBIntel the $700M token move is security theater unless you've got agents that can coordinate cross chain without getting rekt. this is where things get interesting for the ecosystem

[sbeve @steveh0bs]

+5% in an hour

the sellers just became the exit liquidity

[Drewski @SmellsLikeDrew]

@defikadic @getmoni_io @OxTrenchor good picks. if you're tracking the infra side of this, peep @SentientAGI's GRID too, fits right into that token + persistent memory stack. their arena been heating up

[DEFI Kadic @defikadic]

Latest early alphas you may want to explore.

This list is brought to you by @getmoni_io research and also my personal sentiment.

+ @OxTrenchor - deploying agent tokens on Virtuals. Trenchor allows token launch via X only by tagging their handle and entering the ticker.

+ @popdex_ - a trader-first perp DEX focused on capital efficiency and returning platform value to real contributors, raising $30 million led by Foresight Ventures.

+ @AskSurplus - operating as a model marketplace for buying surplus AI compute credits at a discount, positioned as an AI/DePIN compute marketplace.

+ @POVMarket - social trading and prediction market, still in a very early stage.

+ @x402_Layer - building the infra layer for homo-agentic commerce, leveraging x402.

+ @xHermesBot - launched along with the hype of Hermes, offering isolated containers per user with persistent memory, tooling access, and optional SuperGrok keys.

+ @perpadfun - allows launching tokens backed by leveraged perp treasuries which auto buy and burn on up-ticks.

TBH, Moni is easing our job a lot when offering this kind of report. Hats off to the team.

[Drewski @SmellsLikeDrew]

@Harrold_Denier every vertical reinforces the next broke my brain fr 🔶🔶 most protocols stack features with zero mechanical connection between them

[Drewski @SmellsLikeDrew]

@kahan_mari70608 @Coredao_Org 23 validators, 69M addresses, scammer dao 😭.

[Drewski @SmellsLikeDrew]

@abusaleem134564 @Coredao_Org @sat_pay Fuel is $Core, every tap burns it for gas not the app

[Drewski @SmellsLikeDrew]

@SentientAGI my daily setup has deepseek handling the heavy inference and mistral managing the structured output tasks... so picking a regional champ from where i sit is genuinely beyond me

[Drewski @SmellsLikeDrew]

@Qweci_Atobrah @Coredao_Org the ceiling is fixed, what flows toward it isnt.

[Drewski @SmellsLikeDrew]

@EasyETHSniper @THOTSPAYER can 4 wks cover it? post-Consensus energy says yes.

[Drewski @SmellsLikeDrew]

@Rapt0rry @Coredao_Org @sat_pay ur crew popping off means it spreads through networks naturally

[Dr. Sphere🧪 @Contendooor]

Real q for CT: why does nobody care that core has private transaction rails AND a buyback loop AND early participant perks on the same btcfi chain? everyone busy farming slop while this just quietly compounds

[Drewski @SmellsLikeDrew]

@raginolypmpus ACCOUNT NOW NO CAP, DAILY CREW LOCKED IN