Matthew

Head of Growth @ArrakisFinance.
Prev @gelatonetwork, @EverclearOrg, founder @summa_one (acq.)

[Matthew @mchammond]

@ArrakisFinance @grok what are the key takeaways from this article?

[Arrakis @ArrakisFinance]

$CBRS IPO is imminent on @Nasdaq, listing price $185. Here's what the most liquid Pre IPO markets are telling us right now:

- @tradexyz ( @HyperliquidX ): $286 (54.5% above IPO filing)
- @Polymarket Implied close price: $256.45 (38.6% above)

Follow this thread for live analysis on how these markets evolve through the @Cerebras IPO 🧵

[Spencer Bogart @CremeDeLaCrypto]

really interesting analysis breaking down who's actually trading onchain equity and commodity perps -- retail is only ~17% of the total but amongst the most active retail participants there is heavy overlap with Polymarket (~22%) -- this very much feels like the new onchain native market participant

[RoboMcGobo @RoboMcGobo]

Nearly everyone working in interop knew about Layer Zero's 1/1 and 2/2 DVN configs and warned about them for years

But they got tired of being openly mocked and harassed by Bryan and the L0 army so they just.... stopped talking about it.

Lots of people vindicated this weekend.

[Matthew @mchammond]

@HyperliquidX https://t.co/4OtlCcSBGO

[Arrakis @ArrakisFinance]

https://t.co/do104Xswvo

[Arrakis @ArrakisFinance]

https://t.co/do104Xswvo

[Matthew @mchammond]

@emilylai excited to see what's next for you!

[Matthew @mchammond]

@emilylai around two months. though a lot of that was spent arranging interviews.

[Matthew @mchammond]

@ArrakisFinance apologies in advance for the 80 pg read 😅 I promise it's a worthwhile if you're preparing for TGE

[Matthew @mchammond]

Launching tokens is a hellscape. After months of interviews and research, excited to share the Practical Guide to TGE.

We interviewed 25+ founders and analyzed over 100 TGEs to understand the decisions that made or broke TGEs in 2025.

[Arrakis @ArrakisFinance]

We analyzed 125 token launches and spoke with 25+ founders to learn why 85% of tokens launched in 2025 ended the year negative.

Only 9.4% of tokens that declined in their first week ever recovered. What drove Week 1 relied on decisions founders often overlooked.

The guide covers the decisions that actually mattered, how to model them, and a framework for keeping your token out of the 85%.

👉 Read the Practical Guide to TGE: https://t.co/30TTI4gUNC

[Matthew @mchammond]

@therollupco lfg - congrats @andyyy @robbie_rollup!

[claudia ceniceros @thebusyspice]

DeFi's future is bright, and it's the perfect time to build! Old friends @hilmarxo and @stanikulechov catch up in Cannes to dive into DeFi's resilience, Aave's evolution, V4, and how Aave primitives will empower developers. TY @gelatonetwork @mchammond #ethcc2025 @aave

[Morpho 🦋 @Morpho]

Introducing Morpho Loans via @gelatonetwork

A new way for exchanges, wallets, custodians, and apps to offer crypto-backed loans seamlessly embedded within their products.

Up and running in hours, not months.

[Matthew @mchammond]

@otimlabs congrats @julrach! 🔥

[Otim @otimlabs]

Introducing Otim — a digital asset operating system for every onchain account 📟

✸ Automate onchain operations
✸ Zero trust in external actors
✸ Retain full custody and control

You can now delegate to Otim, select an Action, construct, and activate!

[Ethan "TABASCO" @ethanfr]

very pleased with the feedback for @AbstractSummit. one of the best side events of the week, IMO

all made possible by the killer list of speakers: @arjunbhuptani, @DeanTribble, @hotpot_dao, @robbie_rollup, @andyyy, @jasperflux, @connor_enso, @sgoldfed, @IAmNickDodson, @nambrot, @LionelPek, @gmEthereum, and many others.

alongside our media partners: @therollupco, @MessariCrypto, @Shoalresearch, @ReveloIntel, @modularmedia_ (content coming from some of these orgs in the next 1-2 weeks!)

and of course, the man himself, @mchammond.

running it back in denver

[arya (fka. arjun) 🏴 @arjunbhuptani]

Gm 🌅 The @EverclearOrg mainnet beta has now been live for a full month!

During this time, Everclear core teams (Everteams? 🤔) have been heads down on hitting key performance benchmarks.

Even at relatively smaller beta volumes, the numbers are super promising. 🙌 Excited to share them below:

tl;dr:
- Fees trending down to ~2 BPS (0.02%), and will go lower with next update
- Settlement times trending down to 1.25h, with >97% of settlements happening within 6h
- We are already seeing ~50% netting of flows on some days

Breakdown:

1. Average user fees are trending down to <2 BPS (0.02%)
Fees are a combo of the base system fee (currently ~1 BPS) and the cost paid on average to an arbitrageur for any flows that are not netted.

This means that fees get lower as the volume in the system increases (because of more opportunities for netting + economies of scale for arbitrageurs). The fact that we are already seeing 2BPS here in the beta system with relatively low volume is fantastic!

@wonderland and Proxima Labs are also working on Everclear's v1.1 update that will drive down the 1 BPS base system fee significantly.

2. Settlement times are trending to 1.25h while settlement % increases
As more market makers (arbitrageurs) have gone live and gotten to stability, Everclear has headed towards high reliability for settling flows.

In the past week, 97.2% of all flows were settled within 6h, with the average being <1.5h excluding a couple of minor outliers.

3. The system is already often seeing >50% netting
TBH, this one caught us by surprise. Even at the relatively smaller beta volumes, we are already seeing lots of instances where flows are cleared 1:1 against transactions going in the other direction.

This is a great sign - as the protocol scales up, this number (and the total cost savings it represents for users) should increase.

What comes next?
Everclear is a brand spankin new system that no one has ever built before. Out of an abundance of caution, we are still handholding all of our partners and onboarding them 1-by-1 to make sure they have a great experience.

Over the coming weeks, expect to see volumes continue to go up as we get more partners live. You should also expect to see the first new sets of chains start to come online. 🔥

[Everclear @EverclearOrg]

Everclear, the first Clearing Layer, is now live on mainnet beta. ✨

By coordinating the global settlement of liquidity between chains, Everclear dramatically reduces rebalancing costs for solvers &amp; other actors in the space to power scalable Chain Abstraction.

Learn more 👇

[Abstract Summit — ETHDenver @AbstractSummit]

Wen mainstream adoption? Find out at Abstract Summit #Token2049.

On Sept. 19, join 30+ speakers from top teams to explore the various strategies for building mainstream-ready UX to drive mass adoption.

Seats are limited. Reserve your spot: https://t.co/nun2KcTrSd

Learn more ↓