kelpdao caused a $292m exploit that left $196m in bad debt on aave. their contribution to recovery: $1m. that's 0.34% of the damage they created. etherfi and lido pledged $100m each despite zero fault. kelpdao still operates $1.33b in TVL like nothing happened. KERNEL only down 15%. the market is not pricing accountability. if you're still depositing into a protocol that blew up the largest lending market in defi and paid less than a rounding error to fix it, you need to reassess what trust means in this industry.
Polygon quietly turned into one of the most used settlement layers for stablecoins and no one seems to be talking about it enough.
P2P stablecoin volume hit $3.7B in a single month this year, up 85% from just six months prior.
Real people moving money, settling payments at minimal costs.
@Revolut has processed $690M+ on Polygon since December 2024.
@stripe is running $50M+ monthly in stablecoin volume through the network.
On top of this, we have identity solutions, compliance modules, KYC-ready onramps, or all the boring stuff that financial institution legal teams happy.
I think it's obvious the reason for this growth.
1) Institutions are going to choose what work.
2) Polygon is fast, free of disruptive errors, and cheap to use.
@0xPolygon's already operational. The infrastructure works. Partners are building.
Most chains still optimize for TVL or narrative cycles. Polygon seems optimized for throughput and utility.
When the groundwork is solid and usage trends in one clear direction, market perception eventually aligns.
They're still shipping.
If there's one thing that Gold has shown, retail isn't gone, they'll be buying whatever goes up.
Given that Gold ran up from $12T to $30T in a few years, and #Crypto is only $4T, we all know what's next.
The biggest run of our lifetime.
JOE is about to enter its most aggressive era yet.
We've been heads down building, and we're ready to reveal a glimpse into what's coming for the DEX.
_____________________
Let's start with Monad. The promised land. High performance DEX meets high performance chain.
JOE's DLMM on Monad will be the most CRACKED fee machine in crypto.
Full suite deploying day one. $JOE to become THE ecosystem token capturing and funneling Monad fees back to the community.
Maximum MONviction.
_____________________
But Monad deployment is just the beginning.
DLMM was a breakthrough in hyper-efficient fee generation when we built it, and it remains unmatched today. Liquidity Book V3 is our next evolution — a refined, high-performance build of the most advanced volume and fee capture tool in DeFi. Ultrasound tech.
Beyond LB V3: new swap infrastructure, pool architectures, and LP tooling that level up our DEX offerings even further. All of it engineered for fees to flow back to one place: JOE stakers.
JOE’s ultrasound arc is here.
LET’S F***ING JOE
The $10B liquidation figure floating around is fake, the real number is likely much higher, somewhere in the $30B–$40B+ range.
On Hyperliquid alone, nearly $7B was liquidated. Here’s the full breakdown for anyone interested:
Total liquidations since 20:45 UTC:
- Total Value: $6,702,223,168.08
- Total Backstop: $4,352,720,741.58
- Total Market: $2,349,502,426.49
Breakdown by asset (top 10 by market):
- BTC: $781,848,860.51
- ETH: $539,690,395.94
- SOL: $246,037,906.19
- HYPE: $116,710,437.27
- DOGE: $76,753,273.71
- ASTER: $76,606,241.66
- XRP: $73,144,750.79
- XPL: $43,076,401.99
- ENA: $32,104,013.63
- PUMP: $30,501,142.72
All data is sourced from the Liquidations Telegram. The channel was deleted mid-crash for spamming, but since they log everything separately in their own database, the full dataset is still available.
Binance test token ( $tst ) hit 500m mc in a slower market, with less traders on BSC and a much weaker narrative..
Why can't $4 reach it and beyond?
And why shouldn't $CAKE keep getting traction just like the +20% today?
After all, most of the DEX fees are going to $CAKE and its volume is almost as high as UNISWAP (84b VS 107m monthly vol)
once upon a time
crypto twitter was united
back when bittrex cryptopia were #1
this space was full of folks supportive of each other
whole world was against us
so all we had was one another
its not coming back
but it was beautiful
who was here?🖐️
https://t.co/rgOBaptJMb