Truffle Panda @ Vybe

Fear is the mind killer

[Ansem 🐂🀄️ @blknoiz06]

Starting to feel the early rumblings of a Solana vibe shift

[degen poet @solanapoet]

pass that burning sol simd and let’s send this past aths

[Flood @ThinkingUSD]

Life is about momentum. Things come in waves.

[Vybe @Vybe_Network]

Vybe Contributor / Alpenglow Community Cluster

We're honored to be joining one of the many validators in the Alpenglow community cluster and are beyond excited to be contributing to the efforts for this huge upgrade to Solana!

1/
Solana's next-generation consensus is no longer a whitepaper.
The Alpenglow community cluster is live, and Vybe has built a dashboard so the whole ecosystem can watch it run in real time.

> 77 validators and growing · 40k TPS · 100% BLS-migrated · ~400ms slots

→ https://t.co/y6mjOhN1eW

👉👉 @anza_xyz @solblaze_org @solana @SolanaFndn @SolanaCompass @Allnodes @Quicknode @JagPool_xyz @PhaseDelegation

[Vybe @Vybe_Network]

Solana Top Traders & PnL API is live 🚀

Vybe’s API lets you find top token traders by realized and unrealized PnL, volume, trade counts, and wallet labels across 1d, 7d, and 30d windows.

Start building with the docs 📊
https://t.co/LbS00jyenq

The companion article breaks down how Solana top trader and PnL data can power trader leaderboards, wallet research, copy-trading signals, and token analytics workflows.

Article with more context 🔗
https://t.co/HbRxz0HU29

#Solana #SolanaAPI #PnL #CryptoData #DeFi #Crypto

[Truffle Panda @ Vybe @dassy23_]

@scottmelker

[Flood @ThinkingUSD]

Crypto is paying a high price for years of altcoin scams and grifts. It can feel like a toxic industry where very little value is created.

It's easy to feel disillusioned and wish you were focusing on AI-related trading, businesses, or working at a startup in that sector. Many companies and investment firms have already begun the rotation out of Crypto. Don't let your apathy make you unproductive; it's your personal responsibility to continue learning about the world. If you feel the call of the wild, then go.

For the ones brave enough to stick around, not only will the risk-reward be as asymmetric as it's been in recent history, the concentration of upside in a handful of assets will make it EASIER to generate massive returns. There is less capital looking at Crypto exposure than ever before. This all changes with a rapid repricing in Bitcoin this year, which I believe is inevitable.

For a long time in Crypto, nothing felt buyable due to an excess of capital being forced to deploy in a sector with limited opportunity. We're in a new regime now.

We're reaching a similar level of apathy that I felt during 2019 and 2022. I almost quit Crypto to go back to TradFi. It's no surprise those were the years where I generated the bulk of my returns (sans Hyperliquid).

Outside of trading, if you're passionate about the space, companies that are still building during this period will be positioned to take advantage of the inevitable reacceleration of this industry. Working at top-tier companies in the space is more accessible than ever due to a shortage of people entering the field.

Don't undervalue your time.

[Truffle Panda @ Vybe @dassy23_]

@Austin_Federa @Jeffreyw5000 💯 Sullivan & Cromwell absolutely pillaged during that bankruptcy smh

[Haseeb ＞|＜ @hosseeb]

TL:DR:

* LayerZero says it was Kelp's fault for running 1/1 DVN setup, their docs warn against that (although LZ operated the actual DVN)
* Yep, North Korea again
* LayerZero had solid opsec but still got pwned (they're not disclosing the original compromise path it seems)
* Crazy sophisticated attack. North Korea didn't actually fully compromise the LZ machine. But once they got in, they grabbed the set of RPCs the LZ machine used, and then hacked 2 of the RPC servers it was pulling from, installing fake versions of op-geth on those RPC servers. They then DDOSed the main RPC to cause failover to one of the hacked RPCs, and then the hacked RPCs reported the malicious transaction (hiding their tracks by giving different RPC responses to observability infra). Then once the attack was done, the malicious binary self-destructed, deleting the logs on the compromised RPCs. Very, very complex attack.
* Boy, LZ really are not doing themselves favors with lines like these:

"We want to be unambiguous on this point: the LayerZero protocol itself functioned exactly as intended throughout this event. [...] The entire attack was isolated to a single application – zero contagion risk throughout the system, zero other OFTs or OApps impacted."

😬

[LayerZero @LayerZero_Core]

https://t.co/3vIHs3Xgs4

[Pierre Poilievre @PierrePoilievre]

Here’s Mark Carney’s illusion: he wants to keep Canadians in a state of fear and panic to distract from all of his costly failures at home.

The Carney Liberals have given us the worst food inflation, the worst household debt, the worst housing costs, and the only shrinking economy in the G7. He has not repealed a single anti-development law, approved a single pipeline, and housing construction is actually falling.

To top it all off, he’s doubled the deficit Justin Trudeau left behind.

These are all Liberal-made problems that Carney made worse.

And as for the U.S., Mark Carney’s talk of a rupture with the customer that buys two-thirds of our goods is not a plan. He has not negotiated a single new Free Trade Agreement with any country on earth.

The meetings, photo ops, and non-binding memoranda are all an illusion.

Mark Carney’s agenda is about enriching a small group of well-connected Liberal elites like him, who get corporate handouts of tax dollars and use tax havens to avoid paying the same bills they are charging you.

If we want to be affordable at home, safe at home, and strong at home we must make real change at home.

That’s why Conservatives are fighting for an end to wasteful Liberal spending. Let us cut corporate welfare, consultants, foreign aid, and handouts to fake refugees.

Unblock our resources.

Unleash our entrepreneurs.

Approve pipelines and major projects today.

Incentivize municipalities to build homes.

Cut the gas taxes on farmers, truckers, and steelmakers.

Stop the money-printing and inflationary deficits that drive up the cost of everything.

That’s the only way we will be strong at home and unbreakable abroad.

[Logan Jastremski @LoganJastremski]

My conversation with @MaxResnick

As a researcher pushing the frontier of Solana's market structure, Max is relentlessly focused on the engineering required to turn a general-purpose L1 into credibly neutral, high-performance financial infrastructure. He and @anza_xyz are doing the hard protocol level work to mitigate bad MEV, eliminate colocation advantages, and bring all of finance onchain

We spend a lot of time unpacking the shift from single-leader to Multi-Concurrent Leader (MCL) designs and why this change could fundamentally redefine global market structure

At the center of this conversation is the Constellation Proposal, 50ms protocol-enforced economic ticks and T+0 settlement, and the belief that true DeFi requires moving beyond the constraints of traditional data center colocation

We discuss:
- Why multi-proposer designs are necessary to solve the single-leader bottleneck
- The end of colocation and what it means for truly decentralized trading
- Multiple Concurrent Leaders as a solution to censorship and MEV
- The Constellation Proposal, 50ms economic ticks, and latency reduction
- Why Solana is the preferred home for high-throughput trading and T+0 settlement
- Market making dynamics and dual-flow batch auctions
- FCFS vs. priority ordering and the future of on-chain finance

Enjoy!

Timestamps:
0:00 - Introduction: The Vision for a Decentralized NASDAQ
3:40 - Multi-Proposer Designs: Solving the Single-Leader Bottleneck
11:07 - Constrained Optimization: Balancing Decentralization with Reality
23:50 - Why Solana? High-Performance Trading & T+0 Settlement
32:47 - Deep Dive: The Constellation Proposal & 50ms Economic Ticks
46:00 - Market Making & Dual-Flow Batch Auctions
59:13 - FCFS vs. Priority Ordering: The Future of High-Throughput Finance

[Business Insider @BusinessInsider]

"Virtually nobody" realizes we're in the "early stages of a world war that isn't going to end anytime soon," Ray Dalio said. https://t.co/FiJs4xYQMK

[buffalu @buffalu__]

@MikeIppolito_ i'm no mathematician but i know where this goes next

[Lex Fridman @lexfridman]

Same, I have a similar setup. A mix of Obsidian, Cursor (for md), and vibe-coded web terminals as front-end.

Since I do a podcast, the number/diversity of research interests is very large. But the knowledge-base approach has been working great.

For answers, I often have it generate dynamic html (with js) that allows me to sort/filter data and to tinker with visualizations interactively.

Another useful thing is I have the system generate a temporary focused mini-knowledge-base for a particular topic that I then load into an LLM for voice-mode interaction on a long 7-10 mile run. So it becomes an interactive podcast while I run, where I ask it questions and listen to the answers to learn more.

Anyway, heading out for a run now, thanks for the write-up 👊

[Truffle Panda @ Vybe @dassy23_]

@therealchaseeb

[🤖DR 🇺🇸 @AISystemGuy]

The Scam in Plain Numbers:

At quote time, PropAMMs offer prices 1.3 bps better than Pyth oracle fair value. Raydium quotes at 0.0 bps — dead fair. Jupiter sees the PropAMM quote is best and routes to it.

At execution time, the actual fill lands 10.1 bps worse than what Raydium would have given for the same hop. We've confirmed this pattern across multiple PropAMM providers.

The net extraction: they quote +1.3 bps to win the route, then execute at −10 bps. That's ~11 bps of invisible spread between what they promised and what they delivered — on the USDC→SOL leg alone.

How It Works Mechanically:

They quote a price they have no intention of honoring. As JIT liquidity providers, they don't hold inventory in the pool. When your transaction hits the chain, they provide just-in-time liquidity at a worse rate than quoted. Your slippage tolerance (3 bps in our case) gives them room to fill below the quote, and since Jupiter already committed to the route at quote time, the trade goes through regardless.

The Tell:

In the transactions we dissected, hop-level data made it clear: 11,111,990 lamports received versus 11,123,249 that Raydium would have given. That's roughly $0.001 per $1 swapped — every single time, across millions in daily volume. This isn't one bad actor; it's a pattern we've observed across several PropAMM pools on Jupiter.

[Truffle Panda @ Vybe @dassy23_]

@therealchaseeb I dont trust it

[Truffle Panda @ Vybe @dassy23_]

I bet they replace this guy with a body double. Classic face off move

[Ariel Oseran أريئل أوسيران @ariel_oseran]

Iran’s new Supreme Leader, Mojtaba Khamenei, was reportedly secretly flown by a Russian military plane to Moscow, where he underwent a “successful” surgical operation, due to severe injuries he suffered in the opening strikes of the war that eliminated his father and predecessor two weeks ago.

A high-ranking source close to the Supreme Leader told the Kuwaiti “Al-Jarida” newspaper that the decision to evacuate Khamenei from Iran was made since his treatment required a well-equipped hospital, which was impossible to provide amid the ongoing Israeli and U.S. strikes.

The source noted that Russian President Vladimir Putin proposed to host and provide treatment for Khamenei in Russia during his phone call with his Iranian counterpart Masoud Pezeshkian last Thursday. Iranian officials, including Khamenei, carefully considered the Russian proposal, and it was approved.

Mojtaba was transferred on Thursday evening to Moscow, where he received treatment from Russian doctors and a number of Iranian doctors who accompanied him, the report noted.

The newspaper cited an Iranian source close to the reformists saying it is believed that the first public statement attributed to Khamenei was written by the Secretary-General of the Supreme National Security Council, Ali Larijani.

According to that source, Mojtaba was not even informed of the speech, and his lack of public appearance and the absence of an audio recording of the speech reinforce these suspicions.

[DoubleZero @doublezero]

The shred economy is now open to all @Solana validators.

Every block-producing validator can benefit. Until now, the shred economy was only accessible to large validators with high stake weight in favorable Turbine positions.

DoubleZero Edge changes that.

Every validator who publishes their leader shreds earns — proportional to what they contribute, not their stake size.