Perps "onchain" doesn't differ much from CEX trading. You're gambling on price moves instead of building a real portfolio.
Nolus focuses on fundamentals:
- Users own their assets
- 100% on-chain and transparent
- No centralized oracle can manipulate the protocol (we built ours)
This week on the Hub:
- The Hub liquidity layer: an open design conversation from the validator call
- A full quarter of ATOM tokenomics data
- Hydro is migrating to the Cosmos Hub
- A proposal to fund the public testnet through 2027
Forum Recap: https://t.co/8NgRQv2Dlj
We have been quietly putting together an all star team of incredible quality.
@eranbarak and @IamIanKane add to heavyweights like:
- @vladjdk
- “KZ” + many without X
- @cozartshmoopler
To grateful to work with these folks
1/ Cosmos new hires 🤝
@cosmoslabs_io just brought in some big names. Could this finally be the dream team $ATOM and Cosmos Hub always needed?
A thread 🧵 👇
Welcome home @hydromarkets!
Hydro is coming to the Cosmos Hub! The migration is underway, and will be completed throughout the months of June and July.
More details 👇
Where do ATOM sales actually come from?
We have an update from @gauntlet_xyz on a full quarter of on-chain data:
16 weeks, January to April. ~25.5M weighted ATOM of trades, traced to the cohorts that initiated them. 👇
Things that happened to $ATOM since @cosmoslabs_io took over:
→ Robinhood listed ATOM spot trading
→ Revolut launched ATOM staking
→ eToro added ATOM staking
→ Bitstamp added ATOM spot trading
→ Binance delisted the ATOM/BTC margin pair (less manipulation)
→ Part of Mastercard's crypto partner program
Only a few people truly understand how important this is.
• @solana gets real interoperability for the first time.
• @cosmos gets a native connection to a real liquidity source with real volume and users.
Solana enters the interchain.
I've spent the better part of a year arguing that Cosmos is the right place for institutional finance and public DeFi to collide. Today we're putting new resources behind that.
Cosmos Labs is acquiring Mintscan and welcoming 15+ new team members from Mintscan into our Ecosystem unit, operating as Cosmos Labs Korea Co., Ltd. I want to take a moment to say what this actually means to me beyond what the blog post covers.
1/ I’m thrilled to work with the team. Una Yu (“Grace”), Yongjoo Jung, and the other leaders are die-hard supporters of our technology, values, and ecosystem. They have been running critical infrastructure across 150+ Cosmos blockchains under real operational pressure at production scale for 8 years. Bringing them in means inheriting years of hard-won operational knowledge and a team that already knows and loves the ecosystem and its users.
2/ I’m excited that Cosmos finally has an on-the-ground presence in Korea. Korea is where Cosmos achieved its earliest and deepest network effects. It is also, right now, one of the fastest-moving markets in the world for tokenization and institutional crypto adoption. Having the CLK team there feels like Cosmos is finally “coming home” and changes the conversations we can have with enterprises in Asia.
3/ This gives us the resources to go after a bigger and more exciting vision for the Cosmos Hub as the crossroads for institutional finance and permissionless DeFi. There are already tens of billions of dollars of real-world assets tokenized across Cosmos ledgers from Injective, Figure, Ripple, and others. Almost every major player in capital markets, banking, and payments is racing to launch their own tokenization engine too. We have an opportunity to create products and markets that connect all of these and allow value to flow across them. It’s never been a better time to bet on interoperability.
Excited to build with this team.
1/ Solana Meets Cosmos 🌱
@NolusProtocol is about to plug into Solana via IBC. If that works the way it should, the whole protocol changes... and it will change the whole @cosmos ecosystem with it.
A thread 🧵 👇
Right now @cosmos has 2 native $USDC versions, with a THIRD coming soon:
- Noble USDC
- Injective USDC
- Solana USDC (IBC to Solana makes it as native and secure as the others)
We are cooking at @NolusProtocol 🔆