El33

Una más por favor

[El33 @_El33_]

Wrote about paradoxes, confidence and why we retreat to black and white thinking.

A note on what has been useful to me in life and markets ❤️

https://t.co/uSLa1gEMsp

[El33 @_El33_]

@crypto_condom @BlackBerry Oh looking great! Ty for reminder

[El33 @_El33_]

@LiamMBA Man WTF AM I SUPPOSED TO DO WITH THIS

[El33 @_El33_]

The thing with $LIT is that it's not that liquid, especially for a coin with this much mindshare.

One entity twapping can create relative strength easily.

Also works with relative weakness btw.

[El33 @_El33_]

Hmmm,

Could this be the reason for $LIT relative strength recently?

Big if true

https://t.co/MQBYZ9fbBc

[Spencer Applebaum @SpencerApplebau]

New essay out on the @multicoin blog, which is an evolution of our thinking on DeFi value capture

TLDR is in a world where software costs trend to zero, finance is one of the most obvious industries where moats will exist and DeFi is perfectly positioned https://t.co/iXBtFnZndw

[El33 @_El33_]

@Protext_io @multicoin @Lighter_xyz Interesting!

[El33 @_El33_]

Missed this from Metric last week.

Pretty based, especially because it doesn't necessarily help them.

They show real pool APR, the way pro MMs measure it after arb bots, toxic flow etc.

They built a tool that might make their own pools look bad but is good for us.

[Metric @metricxyz]

Most APR in DeFi counts the fees LPs earn. None of them count what LPs lose when the price moves against them. Metric now does.

Those losses come after the trade, from LVR, impermanent loss and informed traders picking off stale quotes. Market makers measure them on every fill. Most retail LPs find out the hard way, after a “50% APR” pool slowly loses them money.

APR has historically lacked transparency. It shows what a pool earned and leaves out what it gave back, so LPs can’t tell which pools actually work. We built APR Markouts to change that.

After every fill, Markout asks one question. Once the market catches up, did the pool make money on this trade?

Say a pool buys 1 ETH at $2,990 while the reference price is $3,000. Five minutes later ETH is at $3,004, so the pool kept $14. If ETH had dropped to $2,970, it would have lost $20.

Every Metric pool now shows Markout APR, net of fees, the number LPs can trust more. You can view it 1, 5 or 30 minutes after each fill, over 24 hours, 7 days, 30 days or all time. It’s the number a market maker would use to judge a pool, and yes, it can be negative. LPs should always see what they’re getting into.

A pool with a lot of volume isn’t always making its LPs money. Now you can see the difference pool by pool and bin by bin, along with your own share in your positions.

Market makers have always judged pools this way. Now every LP on Metric gets the same transparency.

Live now on Metric.

[El33 @_El33_]

Insane…

[Furkan Dogan @thefurkando]

A release every ~40 hours since July 2025.

And that’s just web. Mobile isn’t even in here.

https://t.co/Zds1OXv118

[El33 @_El33_]

I was definitely not crying and 6 fig in loss on this one at some point!

[El33 @_El33_]

@manud_p @FarmerJoe0x Sssshh, no dilution por favor señor

[eric @econoar]

I keep seeing people quote the 180 day window for Lighter's CFTC license after they submit

That's the max length. Kalshi got theirs 1 day after submission

The CFTC doesn't put applications up on their site immediately so we could get a license surprise any moment in theory

[El33 @_El33_]

@zeroxkyle what the FUCK man?

What are we doing over here

[El33 @_El33_]

@macrocephalopod Maybe Ampersan?

[b @bahubali_usd]

you can't get liquidated in spot SOXL

[El33 @_El33_]

@taofath You just need to stop perp trading it

[El33 @_El33_]

@sqalef @_OH_71 This is the midcurve take

[El33 @_El33_]

Flight to safety (China) ?

Fc XIAOMI

Fc BABA

Fc TENCENT

[El33 @_El33_]

@StayRoamer YES FOR GOD’S SAKE

[El33 @_El33_]

@ThinkingUSD Bruh

[El33 @_El33_]

@hansolar21 Thanks for the s/o Han ❤️

Wrong tag though 😬

[El33 @_El33_]

@andyyy You might wanna check out @OfficialZeroFi Andy