metablck

Building on Solana, Father, Founder, Advisor, Investor, DeFi lover, Web 3.0.

[ARETE @ARETE_A4]

We only went and won first place in the @SuperteamBLKN Frontier Buildstation

Great closing day to this @colosseum hackathon

[metablck @metablck]

Don’t build another app for humans.
Build the layer agents can’t stop calling.

[Y Combinator @ycombinator]

Software for Agents
@aaron_epstein

The next trillion users on the internet won't be people. They'll be AI agents, and they're already doing real work on top of software that was designed for humans clicking buttons.

Every major category of software needs to be rebuilt for agents as first-class citizens, and that won't come from incumbents.

[metablck @metablck]

@adamamcbride Thanks Adam 🤝

[metablck @metablck]

We’ve heard the feedback recently, including many things being said that are simply not true.
Although we were under no obligation to do anything further, we’ve decided to open a 30-day refund window using the recovered liquidity, as a final gesture for legacy holders who simply want to move on.

This applies only to tokens held before snapshot block 383516979
(10:48:08 Nov 30, 2025 UTC)

The refund pool comes from the proceeds received by the majority of holders who sold before the snapshot, totaling 973.102 SOL.

All of this is fully verifiable on-chain via:
6FdxUb9REyJk1HrkobRQ218sDd4HJejJKm9eUS9cgG13

Mechanism
If you held X% of supply before the snapshot
You sell your tokens
You provide proof of sale and wallet verification
You will receive an amount so that your total realized value equals X% of the 973.102 SOL pool, minus whatever SOL you already received from selling.

Example:
1% of supply = 9.731 SOL reference amount.
If you sold for 3 SOL, you will receive 6.731 SOL.

Who is this for?
This is for anyone who still holds $HYPER and bought their tokens on the open market during the CTO period.

Like us, nobody got these tokens for free. Everyone took risk with their own money.

How to claim
Simply reach out on Telegram or Discord and someone will verify your case and process the refund.

Final note
To our knowledge, this has never been done in any CTO. We are doing it because, despite how things ended, we are still proud of what was achieved during that chapter.
We changed lives, helped many people, built real things, and created opportunities for a lot of holders.

[metablck @metablck]

It has been a while, so I wanted to give everyone a clear and honest update.

First, regarding Hyper.

Hyper started as a CTO token. It was not created or issued by us. We stepped in, tried to build around it, and gave it time, energy, products and money. We believed we could turn something chaotic into something valuable.

We achieved real things: built product, generated revenue, grew a community, placed Top 5 in the Infra Track at the Solana Colosseum Hackathon and learned a huge amount.

But the reality is simple: most CTOs fail.
We gave it almost a full year of serious effort. We tried our best. We kept building. We kept adapting.
In the end, it did not work. Our CTO failed. This was not the fault of any individual person. Success depends on the wider community, and in this case the community did not manage to turn it into a lasting success.

The CTO structure came with major limitations: legacy supply, misalignment, noise, and constraints that made long-term execution difficult.

At some point, holders representing 80%+ of supply decided the token had failed and chose to sell their holdings, gathering the proceeds to finance the start of something new. That is what a CTO is all about, decentralized ownership means decentralized decisions.

Some will call it a rug, and that is their right. But the truth is fully on-chain and can be verified by anyone.

We took a dead coin from the trenches to 30M+ MC, then collectively accepted it had failed as it slowly moved back toward 2M.

The total funds gathered from that process were less than 1000 SOL.

Nobody got rich from it. Nobody benefited from it.

Yes, the people who invested the most time, money, and energy into that CTO, in some cases treating it like a full-time job lost everything.
The losses were material, into seven figures. Most people would have been broken by that kind of setback and never recovered. We are not those people.

Part of the original group, 4 people in total, decided to work on something new from zero.

Not another CTO. Not another token. A real project. A real company.

We are now building something we believe is significantly bigger than anything we have done before.

A product where users can simply describe what they want to build, and the system handles the real-time backend, data pipelines, and custom integrations for them.

Solana is our current playground and one of the best use cases for this technology, especially because working with Solana data is difficult today. No hours decoding raw Solana data. No expensive infra stack. No heavy backend complexity.

Just focus on shipping products.

But the vision is much bigger than Solana and much bigger than crypto.

We are building around AI, automation, and the emerging agent economy.

This time, we are building with proper structure from day one: funding, a real cap table, strategic investors, and the foundations needed to scale seriously.

On top of that, we are already seeing strong early traction, excellent feedback, and a much larger market opportunity.

To be absolutely clear, our focus today is far from launching a token, it is on building a real product and real long-term value.

Honestly, we have never been more bullish.

Because of that, Hyper as a project is finished. We will progressively close the old social channels and move forward under the new direction.

That said, we have not forgotten the people who supported us, believed in us, and worked with us. There are no guarantees, and this new venture may not work.

We won’t be sharing more details for now. When the time is right, updates will come directly from us.

And for those still asking wen token? Respectfully, you’re focused on the wrong thing.

[metablck @metablck]

It has been a while, so I wanted to give everyone a clear and honest update.

First, regarding Hyper.

Hyper started as a CTO token. It was not created or issued by us. We stepped in, tried to build around it, and gave it time, energy, products and money. We believed we could turn something chaotic into something valuable.

We achieved real things: built product, generated revenue, grew a community, placed Top 5 in the Infra Track at the Solana Colosseum Hackathon and learned a huge amount.

But the reality is simple: most CTOs fail.
We gave it almost a full year of serious effort. We tried our best. We kept building. We kept adapting.
In the end, it did not work. Our CTO failed. This was not the fault of any individual person. Success depends on the wider community, and in this case the community did not manage to turn it into a lasting success.

The CTO structure came with major limitations: legacy supply, misalignment, noise, and constraints that made long-term execution difficult.

At some point, holders representing 80%+ of supply decided the token had failed and chose to sell their holdings, gathering the proceeds to finance the start of something new. That is what a CTO is all about, decentralized ownership means decentralized decisions.

Some will call it a rug, and that is their right. But the truth is fully on-chain and can be verified by anyone.

We took a dead coin from the trenches to 30M+ MC, then collectively accepted it had failed as it slowly moved back toward 2M.

The total funds gathered from that process were less than 1000 SOL.

Nobody got rich from it. Nobody benefited from it.

Yes, the people who invested the most time, money, and energy into that CTO, in some cases treating it like a full-time job lost everything.
The losses were material, into seven figures. Most people would have been broken by that kind of setback and never recovered. We are not those people.

Part of the original group, 4 people in total, decided to work on something new from zero.

Not another CTO. Not another token. A real project. A real company.

We are now building something we believe is significantly bigger than anything we have done before.

A product where users can simply describe what they want to build, and the system handles the real-time backend, data pipelines, and custom integrations for them.

Solana is our current playground and one of the best use cases for this technology, especially because working with Solana data is difficult today. No hours decoding raw Solana data. No expensive infra stack. No heavy backend complexity.

Just focus on shipping products.

But the vision is much bigger than Solana and much bigger than crypto.

We are building around AI, automation, and the emerging agent economy.

This time, we are building with proper structure from day one: funding, a real cap table, strategic investors, and the foundations needed to scale seriously.

On top of that, we are already seeing strong early traction, excellent feedback, and a much larger market opportunity.

To be absolutely clear, our focus today is far from launching a token, it is on building a real product and real long-term value.

Honestly, we have never been more bullish.

Because of that, Hyper as a project is finished. We will progressively close the old social channels and move forward under the new direction.

That said, we have not forgotten the people who supported us, believed in us, and worked with us. There are no guarantees, and this new venture may not work.

We won’t be sharing more details for now. When the time is right, updates will come directly from us.

And for those still asking wen token? Respectfully, you’re focused on the wrong thing.

[Adrian 🐢 | Arete @hungrytrtl]

The cost ladder for Solana real-time data:

Free Tier RPC: Suitable for testing, but unreliable in production.

$50-$100/month: Improved reliability, though you'll still need to handle parsing yourself.

$500/month: Production-ready RPC with webhooks and some APIs.

$999/month: Access to LaserStream gRPC.

$2,900+/month: Dedicated infrastructure.

At every tier, you're still responsible for building your own data layer on top.

The real issue isn't the infrastructure cost; it's the engineering time.

[Colosseum @colosseum]

Announcing the winners of the @Solana Cypherpunk Hackathon!🔓

Read about the winners & honorable mentions: https://t.co/KCHmD0bG3j

The list of winning teams accepted into our fund's accelerator program will be shared in the coming days.

Congrats to all!🏆

[metablck @metablck]

@0xIT4I Only you could write the cleanest breakdown of the trenches and be the smartest guy in the room.

Bro… now launch $IT4I, spin up an LP with the highest fees possible, and rug us all just to prove none of us understood a word. 😂❤️

[metablck @metablck]

👀

[Solana @solana]

Veni, vidi, vici. ⚔️

Solana conquered Wall Street in a (seriously!) record-setting week for the history books.

Meanwhile, sleepless devs dared to finalize their Colosseum entries at the last minute as the ecosystem repeated a familiar mantra: just one more hard quarter.

Here is everything that we remember happened on Solana this week:

📰 Headline News

- @bitwise launched BSOL on @NYSE, an SEC-approved Solana Staking ETF

- Solana ETF Volume debuted as the hottest trading launch of 850 ETF launches in 2025

- @Grayscale launched its Solana Trust ETF, $GSOL

- $417M in weekly Solana ETF inflows led all crypto ETPs

- @WesternUnion announced they’re building exclusively on Solana with stablecoin USDPT

- Toly and Raj rang the @NYSE bell

- The global @colosseum Cypherpunk Hackathon ended

- Solana Accelerate APAC concluded its China tour

- The x402 Solana Hackathon kicked off for building AI-native payments

📰 Launches

- @daremarket went live for gamified dares

- @pumpspotlight from @pumpdotfun enhanced token discovery

- @printr launched on Solana

- @heliuslabs unveiled Orb, a human friendly block explorer, and getTransactionsForAddress, a new way to query historical Solana data

- @triton_one created Fumarole, a data streaming service

- @zenrock minted zenZEC, wrapped ZEC on solana

- @375ai_ mainnet went live making physical world data accessible

- @moiramarket is a new permissionless prediction market

- @darkresearchai x @corbits_dev unveiled Mallory, an open source x402 app

- @SOLYD_STORE created custom @solanamobile Seeker cases

- @bulktrade rolled out an LST in partnership with @sanctumso

- @flashtrade added ZEC perps with up to 50x leverage

- @joinrepublic and @CoinList launched rTTOK, tokenized exposure to ByteDance

- @hyperonsol created HyperStack for easier Solana development

- @addicteddotfun's Cartel War game is now live

Milestones:

- Messari's Q3 report is here: DeFi TVL +33% QoQ to $11.5B, stables +37% to $14.1B, RWAs +42% to $682M

- Solana stablecoin users hit ATH ~5M unique addresses/month, transfers at 39-week high with $500B+ weekly volume

- Solana perps ATH in Q3 with $1.6 billion in daily volume

- @helium_mobile surpassed 500K signed-up users

- @solsticefi's USX hits $250m in TVL

- @trendsdotfun reached $100M trading volume

- @hylo_so hits $100M TVL

- @rush_trade_app's beta crossed $500M volume

- @reflectmoney 's USDC+ alpha hit $10M cap in a day

- @college_xyz hosted 30 Solana events with 1000 students

If we missed your news, let us know in the comments below. 60 days left in 2025. Let's get it!

(This week's art hand-drawn by @lc_illustrates)

[metablck @metablck]

no time for DMs, charts and market noise.

building.

[metablck @metablck]

On-chain prime broker vibes: aggregated slabs for best execution, unified margin for capital efficiency…

[toly 🇺🇸 @toly]

Oh man, I now know @AndreCronjeTech’s pain.

I am just messing around with Claude to see how well it can generate Pinocchio and test with surfpool.

Pls steal the idea. I want to see if it’s possible to replicate the same prop-amm competition for spot but for perps.

1) a perp DEX program that just uses one slab of memory in an account for everything with its own LP/risk/matching engine

2) a router that can rebalance positions between any number of them

[metablck @metablck]

One of the best algorithmic traders I’ve met once told me:
“The more I start forming views, the more I drift from my edge.”

Whether you’re running models or expressing a view, it’s the same game. Define your condition, stay disciplined. Lack of discipline is the most common reason traders bleed.

Conviction should come from conditions, not emotions.

[metablck @metablck]

@dcinvestor That’s fair, but just to clarify: all ETFs, crypto or traditional require AP for creation/redemption. This isn’t unique to BTC or ETH.

Retail doesn’t deal with APs directly they access ETFs through brokers or platforms, who in turn interact with APs.

[metablck @metablck]

I think we’ll see more people looking for upside exposure through calls, which should put some bid into upside vols. On the flip side, call overwriting is becoming more common, and there’s a lot of interest in selling low-delta puts to generate yield.

So while it’s tough to call exactly, my best guess is implied vols get offered overall, with upside vols better bid than downside.

[metablck @metablck]

These are two major and important victories for Crypto. Much more important than BTC reserve and speculative bullshit that makes headlines:

1️⃣ In-kind creations & redemptions approved. This is a meaningful step toward greater efficiency and maturity in the digital asset ecosystem. In-kind functionality reduces friction in the creation/redemption process, improves ETF tracking, and aligns bitcoin ETFs with traditional ETF standards.

2️⃣ Bitcoin ETF options position limits increased to 250k contracts
The previous 25k contract cap severely restricted institutional participation. Raising the limit unlocks a new wave of potential in the options market and opens the door to broader investor involvement.

Big moves. Structural progress.

[U.S. Securities and Exchange Commission @SECGov]

The SEC voted to approve in-kind creations and redemptions for crypto ETPs https://t.co/pxrdRGEhS3

[metablck @metablck]

Web3 is more than tokens. It’s the birth of the Internet Capital Markets.

You can now raise millions without a pitch deck, without a VC, and without selling your soul.
You don’t need a Harvard MBA. You don’t need an intro from Sequoia.
You need a mission, a wallet, and the guts to ship in public.

That’s the fundraising side. But the other side is even crazier.

You meet someone in Telegram.
You vibe. You build. You ship.
Next thing you know, you’re running a protocol together, and you don’t even know their real name.

Web3 erases borders, resumes, and job titles.
You don’t connect based on “who you are” but on what you do.

It’s not perfect.
It’s noisy. It’s chaotic. It’s full of scams and tourists.

But in the middle of that, there’s signal.
And if you stay long enough, the internet rewards you, not just with tokens, but with real relationships and a real shot at rewriting how capital is formed and deployed.

This is the opportunity.
This is what crypto is actually about.

Not just memes. Not just money.
But building new capital rails and new ways to work, with anyone, anywhere.

WAGMI is not just a meme. It’s a model.

[metablck @metablck]

@EmperorBTC This hits hard. The moment they see a win, they forget the years of grinding and risk it took to get there. Trading looks easy until it isn’t. Success brings pressure, not from markets, but from people who feel entitled to it.

[metablck @metablck]

Circle IPO looks overpriced or I don’t see much upside. ~99% of revenue comes from interest they don’t flow back to USDC holders. That model breaks with institutional adoption. No serious firm holds stables without earning the risk-free rate. Not a bank or clearing firm, so no recurring spread rev. Pure macro beta (uncertainty in supply -> they can’t hedge properly), and you’re basically buying puttable T-Bills (they earn interest until holders move to another yield bearing stable) with added platform risk.

[metablck @metablck]

When the spot giant gets the derivatives giant, the whole ecosystem wins. Well done @DeribitOfficial - bullish move by @coinbase

[Coinbase 🛡️ @coinbase]

We are acquiring @DeribitOfficial to build the most powerful global crypto platform—bringing spot, futures, and options together under one roof.

[metablck @metablck]

@blknoiz06 @stogolp It’s not a bull run. It’s not a bear rally. It’s just the weekend and crypto’s the only thing trading. Trump exempted phones, computers, etc from tariffs. Macro headline, weekend liquidity, and here we are. Nothing deeper.