A great energy is building around @reya_xyz right now
The excitement around the trading competition is still very much alive everyone is watching the leaderboard closely, pushing for stronger PnL, and trying to secure a top spot before the next chapter begins.
What makes it even more interesting is being able to follow the competition live through Reyaflow, which gives a much clearer view of how the rankings are moving in real time 👀
Recently, someone from the Reya community built something fun that actually fits perfectly with the current atmosphere around Reya.
With all this momentum, hype, and community activity, I decided to try it too and generate my own Reya-style PFP 😄
Honestly, it turned out cooler than I expected.
If you want to try your own version:
https://t.co/eWlbeor8y1
Definitely worth testing — fun little tool, especially with everything happening around Reya right now
The inimitable @ErikVoorhees comes on this week to talk us through why he built @AskVenice and the inevitable fight between AI and the state.
We talk through Anthropic vs DoW, the Moltbook acquisition, and the future of private/uncensored AI. Interesting throughout ⤵️
How much capital is behind the most popular perp DEXs right now?
Some of the most popular perps have already raised serious funding from top crypto VCs.
Here��s a quick overview:
@ostium - $23.5M
Coinbase Ventures, Balaji Srinivasan, Wintermute
@reya_xyz - $19M
Framework Ventures, Robot Ventures, Coinbase Ventures
@BasedOneX - $15.2M
Pantera Capital, Coinbase Ventures, Spartan Group
@variational_io - $11.8M
Coinbase Ventures, Dragonfly, Mirana Ventures
@SatoriFinance - $10M
Polychain Capital, Coinbase Ventures, Jump Crypto
@liquidtrading - $7.6M
Paradigm, General Catalyst, Alpen Capital
@grvt_io - $7.1M
Delphi Ventures, Matrixport Ventures, CMS Holdings
@extendedapp - $6.5M
Cyber Fund, StarkWare, Semantic Ventures
@VestExchange - $5M
Big Brain Holdings, Amber Group, Infinity Ventures
@hibachi_xyz - $5M
Dragonfly, Electric Capital, Circle Ventures
@tread_fi - $3.5M
GBV Capital, Daedalus, New Form Capital
Some perps also raised strategic capital but didn’t disclose amounts:
@edgeX_exchange - Amber Group, Circle Ventures
@BullpenFi - Delphi Ventures, 6th Man Ventures
@StandX_Official - Solana Foundation
@Dreamcash - Tether
Now something interesting.
The funds that appear most often across perp DEX investments:
• Coinbase Ventures
• Delphi Ventures
• Amber Group
These three alone show up across a large portion of new perp infrastructure.
The perp DEX arms race is clearly backed by serious capital. What do you think about this?
Today marks the celebration of the Lantern Festival and the @Reya_CN account launch🏮
To give back to our community, we are giving away $100 to a user who places a trade on the Reya dApp within the next 24 hours.
Winner will be announced March 6th 11am UTC on Discord.
At 4pm tomorrow @apinowfun will be on a panel at the Digital Asset Summit | Ontario discussing
Agents, Agentic Ecosystems and Agentic Finance
We'll focus on agent wallets, how Web 2 API Providers should be thinking about agents, and x402
Details below
https://t.co/j0YSAkU2M9