What's happening with @0xfluid?
There are too many red flags lately:
- Resolv exploit created bad debt
- ETH was stuck due to AAVE contagion
- 200k lost due key compromise
- Whale removes almost $80M in liquidity
- Lend rates are high because of low liquidity
Team seems to underplay these issues and only disclosed the 200k loss after being called publicly.
Fluid got hit non-stop since the Resolv exploit. Not a good trend or place to park your money right now.
What am I missing?
Thanks to the lower gas fee on Sui, Lotus is having 1.5x more tx and @DeepBookonSui events but same gas consumption compared with last week.
Towards a higher efficiency market, only possible on @SuiNetwork ! 🫡
Had the chance to speak at Sui Live on the Moonshots panel : The Next Wave of Sui DeFi.
Shared the @CurrentSui vision alongside @damiendotsui from @WaterX_app.
Thanks @jerimorgan & @SuiNetwork for putting this together. Big things ahead 🌊
DeFi needs products people actually use.
That’s the bar for Moonshots.
Hear at Sui Live from @WaterX_app and @CurrentSUI building it in practice.
Applications are still open for the next wave. Apply ⤵️ https://t.co/kakHOKJ6CL
Who tf cares about BTC on Sui?
Find out on Oct 1 why the big players see opportunities on Sui and why you will too. Chads only need apply.
If you attend and still don’t get it, you can get consolidation swag from me at SuiFest
For our next X Space, we'll be joined by @NativeNetwork , @nativerse_xyz , @rheifinance , and @EkkoSUI to talk about how #BTCfi on Ika unlocks BTC’s potential as more than just a store of value.
📆 Thursday, March 13
🕑 7am PT
⏰ Set your reminders!
https://t.co/chnduAqzLo
For our next X Space, we'll be joined by @ikadotxyz, @Lombard_Finance, @redstone_defi, and @satlayer to talk about how #BTCfi on Sui unlocks BTC’s potential as more than just a store of value.
📆 Thursday, March 13
🕕 6am PT
⏰ Set your reminders!
https://t.co/tjhw2rMcOI
BTC holders: move beyond just HODLing.
BTCfi on Sui unlocks new financial possibilities for BTC in a secure, scalable, programmable ecosystem.
Something exciting coming from @Lombard_Finance soon 👀
No more, “wen Sui USDC on @Binance?” — it’s live!
You can now send and receive USDC on Sui directly via Binance — no bridges, no extra steps. Just smooth, fast transfers at Sui speed ⚡
USDC on Sui is ready to go. Send it.
I want to shout out everyone from $SUI. Literally everyone (foundation, projects, holders, fans, etc). Although I'm beginning to suspect it's just a handful of you in a room because of how well coordinated and in sync you are.
Incredible ecosystem and culture.
1/ 🌊 The first-ever Sui Summit is coming to Denver, CO, from March 3-13, 2025! This is where Sui builders, the Sui curious, and Move enthusiasts come together to make waves in Web3. Let’s dive into the details. 🧵
Rethinking Token Launches: The $TYPUS Vision
As we prepare to launch $TYPUS, I want to share our thought process behind what we believe is a paradigm-shifting approach to token launches in the DeFi space. The current landscape of token launches, particularly in emerging ecosystems like Sui, presents both challenges and opportunities that we've carefully considered.
The Problem with Traditional Token Launches
Traditional token launches often follow a predictable pattern: initial DEX offering (IDO) or CEX listing, followed by immediate trading. While this approach has become standard, it comes with several inherent problems:
1. Misaligned incentives between early adopters and long-term holders
2. Excessive influence from centralized exchanges and predatory market makers
3. Poor liquidity depth that makes the token vulnerable to manipulation
4. Limited mechanisms for sustainable value accrual
The $TYPUS Solution: Call Options as Primary Airdrop
This is why we're taking a fundamentally different approach with $TYPUS.
Instead of following the conventional playbook, we're introducing a unique mechanism: using call options as the primary airdrop vehicle. Here's why this matters:
1. Aligned Incentives Through Options
By distributing call options instead of straight tokens, we're creating a system where everyone benefits from the token's upward movement. The Daily Call Vaults will only unlock tokens when the spot price increases and settles above the strike price, driven by organic community demand. This mechanism:
- Creates natural buy pressure through community participation
- Rewards long-term holders over short-term speculators
- Establishes a more sustainable price discovery mechanism
2. DEX-First Approach
We've made a conscious decision to remove centralized exchanges from the initial equation. While this might seem counterintuitive to some, we believe the future of trading lies in decentralized venues. By launching primarily on DeepBook, Cetus, and Turbos, we're:
- Building deeper liquidity in the Sui ecosystem
- Empowering users who are already engaged in the ecosystem
- Creating a more organic and sustainable growth pattern
3. Professional Market Making On-Chain
One of our core innovations is bringing CEX-level liquidity to DEX trading. Through our partnership with DeepBook, we're implementing:
- Professional market making strategies
- Options + loan model utilizing idle liquidity available on-chain
- Competitive spreads and depth comparable to centralized venues
The Launch Structure
Our launch structure reflects these principles:
1. **Initial Dutch Auction**: A 4-hour auction from 30M to 20M FDV, ensuring fair price discovery
2. **Strategic Airdrop**:
- 0.5% direct token distribution
- 4% in Community Call Vault with daily 25-delta options
- Carefully balanced distribution among Tails, Depositors, and Bidders
Beyond the Launch: Building a New Standard
This isn't just about TYPUS – it's about establishing a new standard for token launches in the Sui ecosystem and beyond. We believe this model can:
- Compete effectively with Tier 2 CEXs for token launches
- Create a sustainable path for ecosystem growth
- Generate authentic value for both DEEP and TYPUS tokens
The Bigger Picture
This launch mechanism is part of our broader vision for DeFi. By creating better asset launching mechanisms on-chain, we:
1. Enable more organic ecosystem growth
2. Attract serious teams to build in the ecosystem
3. Provide clear exit paths for investors
4. Make Sui a self-sustaining distribution channel for ecosystem projects
Looking Forward
As we move forward with the launch, our focus remains on building sustainable infrastructure for the ecosystem. We're not just launching a token; we're creating a new paradigm for how value can be distributed and grown in DeFi.
The future of token launches should be about creating genuine value, aligning incentives, and building sustainable ecosystems. With TYPUS, we're taking the first step toward that future.
I invite you to join us in this journey as we work to reshape how tokens are launched and traded in the DeFi space.
Together, we can build a more efficient, fair, and sustainable future for digital assets.
Special Thanks
None of this would have been possible without the incredible support and trust of several key individuals and teams. I want to extend my deepest gratitude to @EvanWeb3, @EmanAbio, @jerimorgan, @aslan_web3, @SuiChiefEcon , @DeepBookonSui for their invaluable help in making the $TYPUS launch.
And most importantly, I want to thank our remarkable team members @TypusFinance who believed in this unconventional approach for a token launch.
Your trust in these outrageous plans and your dedication to executing them has been nothing short of inspiring. This is just the beginning of our journey together.
Innovation in DeFi is happening on Sui and Mysten Labs are not the only ones doing reasearch.
If you've been wondering how leveraged positions with custom range are possible on https://t.co/7EGT7f2ac2, this whitepaper goes into the details. We did the math.🧵