Grace Deng

Invest @SevenXVentures, previous account @yuxiao_deng got frozen

[Grace Deng @gracedengx]

@nlevine19 @a16zcrypto @Visa Congrats Noah! Huge move🔥

[Grace Deng @gracedengx]

@jackie_bona @Valora @stripe Congrats!!!

[Grace Deng @gracedengx]

@hasufl 👁️Maybe try deepseek

[Valantis Labs @ValantisLabs]

Valantis x @hyenatrade

stHYPE will provide 700k HYPE to secure:
- @ethena USDe quote asset support
- HyENA's HIP-3 DEX

stHYPE holders will receive boosted HYPE rewards in return.

stHYPE will secure the most performant HIP-3 DEXes and quote assets.

[Grace Deng @gracedengx]

https://t.co/3TO7aOzZPK

[Grace Deng @gracedengx]

Building a new L1 is never an easy task. Concept and design is one part, but the hardest part is making it a reality. The Monad team spent years building from scratch to achieve a next-level of high-performance, EVM-compatible, and decentralized L1.

Attached is a picture from the time of our investment. Today, Monad is live on mainnet, achieving a 400ms block time—improved by 60% from their initial design goal—and 200 globally distributed validators.

Huge congrats to the team @keoneHD on what has been a long road!

[Monad @monad]

Monad Mainnet is now live!

Check it out here: https://t.co/emewXRKtNE

https://t.co/emewXRKtNE

[Grace Deng @gracedengx]

Stripe shows up in the "stablecoin-as-a-service" market with its magic wand — "compatibility across the Stripe platform"🤯

[Patrick Collison @patrickc]

🆕: We're announcing Open Issuance to help stablecoins go mainstream.

• Customizable smart contracts.
• Issuance on any blockchain(s).
• Reserve management.
• Full control over mint and burn fees.
• Out-of-the-box interoperability with other Open Issuance stablecoins and compatibility across Stripe's platform.

Most importantly, we believe that the equilibrium market structure will (and should) involve much more yield sharing than is the case today. As such, Open Issuance helps anyone monetize stablecoins. There is a small platform fee (starting at 50 bps); all yield above that flows to the stablecoin creator.

We're launching Open Issuance with Phantom (CASH), Native Markets (USDH), Metamask (mUSD), and Dakota (DKUSD).

Contact the folks at Bridge to learn more.

[Grace Deng @gracedengx]

@ChundaMcCain @nucleusearn @paxoslabs @JunKim831 @bhau___ Congrats!

[Grace Deng @gracedengx]

Different definitions of RWA.

@Figure leverages blockchain’s transparency and automation to lower loan auditing and origination costs, giving it an edge over other HELOC providers. In @mcagney’s view, loans that leverage the advantages of blockchain can be counted as RWA volume.

In contrast, the crypto-native definition of RWA focuses on bringing off-chain assets and yields on-chain in a tradable format. A better example would be @Figure’s new product, Democratized Prime (already trackable on @DefiLlama with ~$25M TVL). It allows users to lend short-term capital to borrowers who post tokenized HELOCs as collateral.

[0xngmi @0xngmi]

https://t.co/CyMEwcBhd5

[Grace Deng @gracedengx]

Gmonad💜

[Grace Deng @gracedengx]

Hyperliquid x Hyperliquid. A DEX just acquired a LST🔥. More than an acquisition — it’s the dawn of a new roadmap and a new chapter. Stay tuned, Valantis is cooking.😼

[Valantis Labs @ValantisLabs]

Valantis has acquired the @stakedhype protocol.

Re-Introducing $stHYPE, the Modular LST:

[Grace Deng @gracedengx]

@alexandersblume @Two_Prime Congrats on the raise — so happy for you and the Two Prime team!👩‍🎨

[Grace Deng @gracedengx]

@poopmandefi @husseinthoughts Chad founder and chad product! https://t.co/V9lAtr2Udw 👈Available now on web, iOS and Android in 176 countries

[Grace Deng @gracedengx]

Thrilled to be in this round with Limited! I've been talking to many stablecoin and payment projects and realized the crucial need to solve the last-mile problem. Building a product that truly meets consumer needs and is user-friendly is essential.

@husseinthoughts is one of the founders who truly understands the pain points of global e-commerce merchants. He is a mature, thoughtful neobank founder, highly effective in execution and always thinking several steps ahead.

@limitedgrouphq's product is ready to use.
- Retailers and merchants can pass through KYC in just a few minutes and instantly receive a US and EU virtual account for bank payments.
- Easily and effectively send money to 176 countries with stablecoins and local payment rail integrations.
- Enhanced features for limited cards are also coming soon!

@SevenXVentures is thrilled to collaborate further with the team after this fundraising round and make stablecoins truly benefit users!

[Limited @limitedgrouphq]

We are excited to announce that we have just raised a $7M Seed round led by @NorthIslandVC with participation from @thirdprimevc , @arche_capital, @Collab_Currency and @SevenXVentures to scale self-custody USD banking worldwide! 🌐

Available on Web, iOS and Android in 176 countries: https://t.co/YcFlV0AChO

[Grace Deng @gracedengx]

@bridge__harris @limitedgrouphq

[Grace Deng @gracedengx]

Valantis has organically become the largest stable pool on the HyperEVM without any incentives or LP deals, showcasing the power of a modular DEX. ✨

TLDR: How Valantis enhances the user experience for HYPE LPs and traders. 👇

For stHype and HYPE LPs:

- Hard coded 1stHYPE = 1HYPE with no depeg losses
* LPs never sell the LST below its intrinsic value (the amount they could retain through unstaking), ensuring no depeg losses.
If the AMM is imbalanced, it can unstake 1 stHYPE for 1 HYPE- instead of selling at a loss like most AMMs

- Automatically earn extra yields and points (the highest stHYPE/HYPE yield in the market)
*When swap volumes are relatively low, the Valantis pool will both lend out HYPE reserves & stake HYPE, earning passive yield and points.
Thanks to Valantis' customized pricing mechanism based off the state of the stHYPE withdrawal queue, HYPE and stHYPE don't need to be 50/50 in the pool to give low fees- allowing for higher passive yields.

For traders:
- Swapping HYPE to stHYPE is cheaper than minting from the LST protocol in gas due to simpler logic while enjoying the same rate. Even the stHYPE contract now attempts to mint through the Valantis pool first before minting to the validators.
- Swapping stHYPE to HYPE offers instant withdrawal with no depeg.

All these features are achieved through Valantis' modular DEX design! LSTs in other EVM chains and other types of assets with a withdrawal queue, like sUSDe, can enjoy the same benefits by simply replicating the modules used. Reach out to the team if you want to replicate the features or even integrate your own designs!

It's not about points this time; it’s about a better experience.🔥🔥

[Valantis Labs @ValantisLabs]

Over $10,000,000 USD.

The single largest stable pool on the HyperEVM.

The only place to swap stHYPE with size.

https://t.co/QVX05q0tQD

[Grace Deng @gracedengx]

Been seeing tons of new L1s and L2s lately, but Unto is the only one that really got me excited. They’re rebuilding everything from the VM to consensus from scratch, and the founding team @CantelopePeel @yoowon behind it is super solid.

Yeah, there are way too many new chains out there. Still, when someone actually levels up scalability and performance, that’s always exciting.🫡

[Thru @thru_xyz]

We are excited to announce that @untolabs has raised $14.4 million in funding from @ElectricCapital and @hiFramework to build Thru, a next generation base layer blockchain.

To bring L1 blockchain performance to parity with global scale applications, it takes more than putting a new paint job on an existing ecosystem.

Thru introduces a new RISC-V runtime, and a novel consensus mechanism, all in the service of unprecedented scale.

/1

[Grace Deng @gracedengx]

@intangiblecoins @galaxyhq @hodlwithLedn @unchained @ArchLending @tether @coinbase @maplefinance @centrifuge @goldfinch_fi Missing quite a few CeFi lending players, including but not limited to
@two_prime, @FigureMarkets, @BitGo, @falconxnetwork, @SALTLending and more. Just because DeFi lending data is more transparent and easier to access doesn't mean it's already larger than CeFi lending.

[Grace Deng @gracedengx]

Missing quite a few CeFi lending players, including but not limited to @two_prime, @FigureMarkets, @BitGo, @falconxnetwork, @SALTLending and more.
Just because DeFi lending data is more transparent and easier to access doesn't mean it's already larger than CeFi lending.

[Alex Thorn @intangiblecoins]

how big is the crypto lending market? no one has ever really known

now we do

based on reviews of public filings, bankruptcy documents, and voluntary disclosures from active lenders, the combined CeFi loan book size at YE 2024 was $11.2bn, down 68% from the 2022 ATH of $34.8bn