Ben Sheehan

Writing in Elixir, living in DeFi
CTO @parsec_finance
Founding member Vermont American Spirit Cabal

[Ben Sheehan @bshee1102]

@xGPhilosophy Lmaoooo

[Matt Casto @mcasto_]

There is no valuation gap, Aave trades at a $1.3b market cap vs Morpho at $1.4b. This is like the 100th instance aixbt has misquoted stats.

[Ben Sheehan @bshee1102]

@0xShual Can’t DM—get my TG from my bro!

[Ben Sheehan @bshee1102]

@0xShual DMing

[Ben Sheehan @bshee1102]

@0xShual 🫶🏼

[Ben Sheehan @bshee1102]

@mattaaron Should be open!

[Ben Sheehan @bshee1102]

Was an incredible 5+ years with GOAT brother and incredible team

[Will Sheehan @wilburforce_]

End of the road for parsec I'm afraid. The market zigged while we zagged a few too many times

A little parsec lore for posterity, In early 2020 I started charting uniswap *v1* charts as a side project, this spiraled into a full blown DeFi terminal during DeFi summer and into the 2021 craziness. Our big break was DeFi completely unwinding its insane leverage in 2022, first wonderland, then ohm, then terra, then 3ac/stETH depeg. Lots of firms and traders were using parsec to navigate (and in some cases being the ones getting liquidated!).

Post FTX DeFi spot lending leverage never really came back in the same way, it changed, morphed into something we understood less, activity onchain changed hugely in a way that I never fully grokked. We had pockets of life after that, Friendtech (rip), our polymarket election dash that grabbed a few hundred thousand hits in 1 night. But nothing stuck as the ephemerality of crypto crept in (more on this another time).

I've made about a thousand mistakes along the way but the team I built was not one of them, a group of hardworking, knowledgable and overall good people with the unwavering @bshee1102 as my right hand from the very early days

My vision was for DeFi to reinvent finance and permeate the opaque and gated systems of old, a vision I still hold (perhaps masochistically). Parsec was a part of the very beginning of this and will sadly not be of part of the long journey the industry has left.

I'm not going anywhere, will be doing some writing and finding new ways to contribute. Onwards!

[parsec @parsec_finance]

After 5 years, parsec is shutting down. Not how we wanted our story to end, but we are proud of what we built and the value we provided along the way.

We are eternally grateful to those that traversed the ups and downs onchain with us. It was quite the ride 🔭

[parsec @parsec_finance]

Polymarket Agent is now live

Advanced Polymarket search and AI assistant

→ Natural language chat across all markets and outcomes
→ Curated market discovery feeds updated continuously
→ Find the markets where you actually have edge

[parsec @parsec_finance]

https://t.co/fdYWrJJUBd

[parsec @parsec_finance]

Parsec Agent API is now live

Programmatic access to the same AI infrastructure that powers the Parsec Agent:
→ Usage-based pricing
→ Deep research mode included
→ Already powering Discord agents in the wild

[Ben Sheehan @bshee1102]

Insanely cool

[Charlie @0xBroze]

Update on silver perp market liquidity one week later (order size possible <=10bps slippage):

>@Lighter_xyz XAG-USDC: $144k
>@tradexyz SILVER-USDC: $1.22m
>@felixprotocol SILVER-USDH: $1.60m

Still the top venue to trade the metals supercycle. More metals incoming

[parsec @parsec_finance]

One of these does not look like the others... an idiosyncratic bid for $HYPE

[Ben Sheehan @bshee1102]

Bruv the community note 😂

[Itamar Golan 🤓 @ItakGol]

Disaster is coming.

Thousands of ClawdBots are live right now on VPSs… with open ports to the internet… and zero authentication.

This is going to get ugly.

If your agent can:
- browse the web
- call tools
- access files/secrets
- hit internal endpoints

…then an unauthenticated public endpoint is basically “please take over my bot”.

This isn’t theoretical. The internet is a nonstop scanner.

Fix it today:
1) close the port / firewall to VPN or IP allowlist
2) add auth (JWT/OAuth, at least a strong secret) + TLS
3) rotate keys (assume compromise)
4) rate limit + logs + alerts

Agents are powerful. Demo-grade deployments on the open internet are not.

[Ben Sheehan @bshee1102]

@MLS_PR @Polymarket @MLS @LeaguesCup Omg

[Ben Sheehan @bshee1102]

@AlexiLalas Such a goon

[Ben Sheehan @bshee1102]

@will__price “Professional bagholder”

[Ben Sheehan @bshee1102]

@amritwt no git is 💀

[parsec @parsec_finance]

https://t.co/v884TY4vmw