Riley

founder @stride_zone prev: macro + quant @bridgewater / ml @berkeley_ai / fellow @janestreetgroup / cs @ucberkeley

[Riley @interchainriley]

appreciation post:

sam is stride’s first employee and a real-life 10x engineer

if using stride ever feels frictionless, it’s because sam spent the time sweating every edge case

an unsung hero of cosmos

happy 3 year anniversary at stride @sampocs13 🎉

[Riley @interchainriley]

@JohnTS99 @tenorxyz Yes this is an average across all pairs

[Riley @interchainriley]

@0xasrequired @BrotherMuozone @lukecannon727 @tread_fi It was uncanny. @0xasrequired noticed the TWAP and popped open the chart, which was uponly since the start of the TWAP. I refreshed and the TWAP was gone. Immediately the price started freefalling

[Riley @interchainriley]

@0xbeiu @0xBellinili Check the Hyperliquid UI not the TradeXYZ UI

[Riley @interchainriley]

@farmer_tools @Kopf__ @tread_fi @0xasrequired @aidan0x @stride_zone 👋

[Riley @interchainriley]

@shayonsengupta @multicoin very well deserved. you’re going to crush it!

[tenor.xyz @tenorxyz]

Announcing Farmertools' second market:

S&P500 on Trade[XYZ]

$2.5M in volume for $100 spend.

What you need to know 🧵

[Derek Hsue @derekhsue]

Launching a new podcast today! Filmed at our NYC office, each episode of @Archive_Pod focuses on a founder or operator who has built an important crypto business/protocol.

The first episode is with @keoneHD, founder of @monad.

We dive into Keone’s upbringing, the early days of Monad and the journey to raising the seed round. Plus, we talk about recruiting + scaling the team, and the philosophies they used to launch and grow the network.

Here's what we discussed:

0:00 - Intro
0:42 - Altitude
1:32 - Monad's Launch
4:25 - Keone’s early life and interests
16:52 - Where Keone’s work ethic came from
19:52 - Working at Jump and how the culture passed on to Monad
24:26 - Starting Monad
30:05 - Raising the seed round for Monad
32:29 - Growing the Monad community and open-sourcing code
36:35 - How Keone hired for the early team
44:07 - The future of Category Labs
51:26 - Which metrics is Monad focusing on
1:00:24 - Building a base of loyal and passionate users
1:07:45 - The personality of an L1 founder
1:13:46 - Founders that Keone looks up to
1:18:34 - Day in the life of Keone
1:23:57 - The endgame vision for Monad

[Riley @interchainriley]

We just shipped farmer[.]tools to automate delta-neutral perp trading!

Grab an access code from Discord to try it now.

Since October, we've gone deep into perp trading on Hyperliquid, Lighter, Extended, TradeXYZ, etc. After speaking to ~150 traders, it became clear that there's an in-group of 200+ high-volume perp traders trading delta-neutral, each doing $5M+ in daily volume.

But the process can be painfully manual. Traders are glued to their monitors for 6+ hours a day coordinating entries across exchanges and juggling 4 Chrome tabs to monitor offsetting positions.

So we automated this all with farmer[.]tools.
How does it work?
• Connect your exchange accounts
• Choose your budget, venues, and token
• Start a session
• Your session can run for days unattended. Monitor live volume, fee efficiency, and PnL

We designed the app hand-in-hand with a select group of pro perp farmers (@0xasrequired, @ositoninja1, @vividhl, @WuppertFutures, and others).

Even if they do everything right, manual farmers still face massive risk. On the October 10 market downturn, many were liquidated. So our focus is safety: we automatically place stop-losses on all positions, and monitor every second so that if one leg's stop-loss is hit, the other leg of the hedge also closes immediately.

(PS - we don't have bandwidth to offer this to everyone, but if you're a major user and onboard from this tweet, DM me directly and I'll start a direct group chat between you and our team.)

[Riley @interchainriley]

@Cryptopioid @0xasrequired @CryptoYieldGuy @yieldyumi @davidyjeong @tread_fi @Nomina TradeXYZ <> Felix/Ostium/Vest

[Riley @interchainriley]

@0xasrequired @Cryptopioid @CryptoYieldGuy @yieldyumi @davidyjeong @tread_fi @Nomina My DMs are open for anyone doing 250k+ daily volume who wants to try out farmer(.)tools. We have 1-2 closed alpha onboarding slots available.

[Riley @interchainriley]

@philkuz rule #1: never bet against phil + james 😤

[Phillip Kuznetsov @philkuz]

Excited to share what I’ve been up to! We’re building Gimlet to make AI inference chip agnostic. You can deploy Gimlet across a fleet of heterogenous GPUs to extend lifetimes and reduce TCO, without having to spend engineering time to support each chip.

[Riley @interchainriley]

@RoboMcGobo @cosmoslabs_io Congrats Robo, I honestly believe there’s no one better fit for this role. If anyone can fix her, it’s you! @cosmoslabs_io is very lucky to have you.

[Riley @interchainriley]

@where_is_hardo @Citrini7 Idt IBKR uses PFOF unless you’re on a Lite account (small balance, toggled on manually iirc)

[Riley @interchainriley]

The last few months have been a reset.

The way I see it, Stride is now at a crossroads:

Our Cosmos LSTs are stable, trusted, and running smoothly. But we think the upside from here is tied to the growth of Cosmos, not product iteration from the team.

And we’re restless: we want to actively ship products that solve real user problems.

So after months of debate, we’re proposing a clear separation that we think brings clarity: we’ll keep STRD focused on Cosmos, and start fresh elsewhere.

As a tokenholder, you get to choose: stay with STRD to bet on Cosmos, or burn for what’s next.

We have over 18 months of runway, and have internally committed to at least 6 months of building entirely new products.

I’m personally more energized than I’ve been in a long time. We’re building fast again, with real clarity of purpose.

It feels like we’ve stripped things back to what matters: building products people actually want.

[Stride @stride_zone]

1/ Big change at Stride: we’re cleanly separating two bets.

STRD is the Cosmos LST token with buyback-and-burn. STRD‑R is a burn‑minted receipt for a future token if we find PMF outside Cosmos. Burn window Oct 15-Dec 4.

Founders are burning 90% of their STRD.

[Riley @interchainriley]

@gregisenberg “chatty g” or “our overlord”

[Riley @interchainriley]

@RoboMcGobo It was a privilege working with you Robo. You made a big impact during your time at Stride, and any team would be lucky to have you.

[Stride @stride_zone]

Stride contributors have been working tirelessly on a new path forward.

Huge thanks to the many teams, investors, and community members who’ve reached out with support and opportunities. We’re considering everything deliberately and thoughtfully.

Expect an update by end of next week.

[Sam Altman @sama]

Let yourself occasionally get a little screwed in exchange for not having to live with your guard up all the time. It’s worth it.

[Riley @interchainriley]

@assafmo @sampocs13 And office hoops 🏀

[Riley @interchainriley]

appreciation post:

sam is stride’s first employee and a real-life 10x engineer

if using stride ever feels frictionless, it’s because sam spent the time sweating every edge case

an unsung hero of cosmos

happy 3 year anniversary at stride @sampocs13 🎉