🦅 The Raven has arrived... bearing gold and prophecy.
An ancient scroll marked Odin ETF has been delivered.
A token forged in myth, backed by treasury.
The story begins now.
Watch the vision: 🎥👇
#ODINETF#Runes#Bitcoin#Crypto#RunesToken
Odin Recap – Runes Asia Highlights
@BobBodily shared a powerful vision for Bitcoin DeFi and the role of Odin•Fun in shaping its future:
- Bitcoin DeFi = massive blue ocean
- Today: ~$100M monthly DEX volume.
- Tomorrow: potential for $1.3T monthly volume, once UX and infra scale.
Why Odin•Fun?
- Blazing-fast finality (no slow block times).
- No gas fees.
- Unlimited programmability.
- Seamless support for Runes, BRC20, and more.
Our growth so far:
• ~$1B total volume.
• 27,000+ tokens created.
• 34 tokens > $1M market cap.
• 200k+ registered users, 30k+ MAU.
• 13/20 top Rune tokens launched on Odin.
What’s next:
- Cross-chain onboarding (starting w/ Solana).
- BRC20 2.0 integration.
- Advanced DeFi (staking, LP rewards, perps, lending).
- Airdrops & creator tools.
And after weeks of hard work post-incident:
- Code secured & audited.
- Platform relaunched.
- 200 BTC traded in the last 24h.
This is just the beginning. Odin•Fun is building the future of Bitcoin DeFi! fast, secure, and community-driven.
Every story has a beginning and an end.
ODIN ETF was born from patience and faith, but without a community, even the strongest vault stays empty. To those who joined and believed: thank you.
This was an experiment in building with honesty — no rugs, no false promises.
⚔️ The vault closes. 🪙
Despite patience and persistence, few joined the quest.
ODIN ETF now returns to the shadows of Valhalla.
Thank you to the few holders who believed — the raven will remember. 🕊️
Every saga must have an ending.
I held off on posting for as long as I could. I REALLY wanted to reopen trading today. Sadly it is going to take at least another day.
Audit is done (publishing publicly taking longer than I would have liked but coming soon).
User funds are safe and secure.
Platform state fixes are in final stages. Please note that if you are going to try to bot buys and sells when the platform reopens you should know that prices may change (due to illegitimate/affected trade removal).
We've also been testing non-stop (the entire team testing all the time). I have one more small issue to track down but otherwise things are looking really fantastic.
Thanks for your patience. Thanks for your support.
We are very close to reopening trading. Best case scenario we're ~48 hours away. However it could still be delayed another few days (or more) in the worst case.
1. User funds: I bought $1.7M of Bitcoin today to send into ODIN•FUN (deposit coming soon). It felt fantastic. David Bailey must have been on top of the world during their 12 hour BTC acquisition period for Naka.
2. Audit: We'll be releasing a full audit report plus an external review report prior to going live. We should have both of these final documents in the next ~12 hours.
3. Testing: End to end tests, unit tests, internal review, external review, and audits are all ready to go. We've revamped our entire deployment workflow to dramatically increase code quality and robustness.
4. Platform state: Attackers manipulated many tokens, token prices, liquidity pools, etc. We've had many of you reach out concerned about this. We've separated all illegitimate actions from the legitimate user actions, and illegitimate actions will be reversed to preserve platform integrity.
5. Bitcoin Asia: Only 3.5 days until I leave for Hong Kong. Can't wait to meet you all in Hong Kong at the conference. We'll have a booth at Bitcoin Asia, I'll be speaking at Runes Asia and BTC Summit, and we'll have merch + some other fun surprises.
The next 48-72 hours are going to be big. Come on!
Saturday today but the work doesn't stop. A lot more of the same, so I'll just do a quick update.
Working through audit still. A few critical things to do now. A few clean up things that can be done later. Getting close.
Made great progress on funds today (as many of you already saw). 30+ BTC back into Odin. More funds in progress too.
Good progress on the legal front. I have multiple conversations and streams of work going with FBI and other law enforcement.
Otherwise, we're prepping ODIN•FUN so everything is ready to go to resume trading. I still don't have a date to share, but things are all coming together nicely. I'm optimistic that we can get things rolling again soon.
Great progress today:
1. Got initial audit results back. A few things to tidy up but overall looking really great. Will be made public once it is finalized.
2. Got a few external reviews back. Again, things looking really good.
3. In discussions with a few strategic partners to ensure user funds are fully accounted for.
4. Have recovered a good amount of BTC with more on the way. Lots of progress on the tracing / legal side.
5. We're essentially done determining the extent of the attack in the platform, and we're now implementing a plan to bring everything back online in a good state.
There is a lot more I could say, but it isn't helpful to share more details now. Hopefully soon!
bitcoin memecoins
Pronunciation: /ˈbɪtkɔɪn ˈmiːmkɔɪnz/
Part of Speech: noun (plural)
Definition: Tokens built on the Bitcoin blockchain that derive their value primarily from internet culture, humor, or viral social media trends.
Most left.
Price is down.
But the vision remains:
A meme token with real BTC rewards.
Built slow. Built honest.
$ODINETF
The raven still watches.
#ODINETF#Bitcoin#Runes#Odinfun
This has been the biggest and longest rotation from old holders to new in Bitcoin’s history.
Over the past two years, deep conviction buyers—ETFs, corporates, treasury allocators—have absorbed supply at scale.
The old guard are being replaced by new titans with conviction.
MVRV Z-Score for Bitcoin is one of my favorite metrics to watch. It measures how far the current price deviates from the "fair value" based on on-chain data, aka how much are Bitcoiners up on their purchases on average.
Formula
MVRV = (market_value - realized_value) / stdev(market_value)
market_value = current_price × circ_supply
realized_value = last_moved_price × circ_supply
Interpretation
High Z-score (>7): Historically indicates market tops
Low Z-score (<-0.5): Suggests market bottoms
Mid-range: Normal trading conditions
Based on MVRV Z-score (hovering under 3 right now), it looks like our Bitcoin bull market is just beginning (previous cycle tops have all crossed 7).
gm gm everyone - just enjoying the live ODIN•FUN activity view in the morning.
🔥 Blazingly fast trading
🎉 No wallet confirmations
⚡️ Trade as fast as you can click
Nothing quite like it.