SerDN.base.eth

Ser

[Reya @reya_xyz]

https://t.co/h2xUM8ykx0

[ꜱᴍɪᴛʜ @0xRusaa]

Let’s be real about this $POLY situation. It’s terrible. @mustafap0ly teased the Polymarket airdrop, pumped up the community, and then left everyone hanging. Building hype just to disappear is not a good sign.

This is a wake-up call for all Polymarket users. I personally spent 1.1k on POLY, and right now, it feels like the worst financial mistake of my life. It hurts to write that, but it’s the truth.

If you are still logging in only because you hope the airdrop saves you, please reconsider. Don't stick around for empty promises.

Here's a more human, conversational take on your thought:

Honestly? Maybe $POLY will come eventually. But at this point, I wouldn't be surprised if it ends up like OpenSea's $SEA situation... all that waiting, all that farming, just to get crumbs.

Thanks for playing.

[upupdowndownleftright @DEXoverCEX]

This is the first FAIL by $var Variational. IMO its a fail all around.
Giving huge token sums to non users that exceed most normal users who were there all along is retarded.
It hurts the price. It hurts moral. It wont retain enough users to be more of a net positive than it is negative.

[Tor00_1(00.1%) @cryptoo_tor]

Variational is rewarding future dumpers🤡

They found 10,000 active perp traders who haven't even signed up yet

Now they're offering them:

• $1M+ in rewards
• 150k Variational Points
• Up to 3,000 points per trader

All they need to do is hit their volume milestone
$1M → $50M depending on the tier

And here's what bothers me

These aren't existing Variational users

They're active traders already trading somewhere else

Variational is giving them a reason to come in, hit the volume target and collect points

But what happens after?

Some of these traders might simply take the points and leave

Which means Variational could be creating a new wave of sellers instead of long-term users

Buying volume is easy

Keeping traders after incentives end is the hard part

For me, this is also a good reason to look at other perp DEXs right now

I've broken down the main ones, their rewards, OI and farming economics in my full perp DEX guide(article)

[Reya @reya_xyz]

Reya's mainnet sequencer is now running on @conduitxyz, the market leader in rollup infrastructure.

Up to 3x more throughput. Executed in one planned window. Zero change to how you trade.

An orderbook demands more from the infrastructure beneath it than an AMM ever did. So we rebuilt the foundation before we ship it.

Read the article to understand how this fits into our longterm roadmap!

[Reya @reya_xyz]

https://t.co/rS76IoxUpv

[Reya @reya_xyz]

Maintenance complete

Reya is fully back online and normal trading has resumed.

That was more than routine maintenance, more on what changed under the hood tomorrow.

[Reya @reya_xyz]

Deposits are now free on Reya.

Your capital lands whole, ready to trade.

Deposit Now →

[Reya @reya_xyz]

A market is only as good as the liquidity behind it, and the best liquidity comes from professional market makers.

As Reya moves to an orderbook, RNIP-6 puts them behind it, with RLP as the capital. The capital never leaves Reya, the pool takes neither their gains nor their losses, and every delegation is capped and attested. Deeper books, tighter spreads, and RLP keeps earning fees plus Ethena yield.

The RNIP-6 vote is now live. Your RCP is your vote. Use it.

[Reya @reya_xyz]

Reya is hiring. Cracked engineers only.

A lot of exceptional builders are between gigs right now. We're not cutting, we're building: a low-latency orderbook exchange enabling HFT firms to run their strategies onchain.

Senior Rust: https://t.co/xprOhPaTox
Senior Fullstack: https://t.co/zJttnBXixx

[Reya @reya_xyz]

260.6K RCP distributed this week.
This includes the one-off payout of boosted points to eligible traders that participated in the 'Streakers' campaign.

Trade. Stake. Signal.
Earn your share.

[Reya @reya_xyz]

It’s Monday, which means it’s time for an RCP distribution recap.

155.2K RCP were distributed this week.

There are 3 ways to earn:

Trade. Stake. Signal.

[RISEx @risextrade]

We hit the first target.

Next milestone: $1 Billion to bring the total prize pool to $30,000.

Competition ends today at 13:00 UTC.

[Base @0xBaseee]

$40,000 of my funds have been frozen on @unitxyz for over 2 months — Here is the full story, with receipts.

This is not clickbait. This is not hate.

This is a documented timeline of what happens when a protocol flags your funds, admits the error was on their side, and then has no mechanism — and seemingly no urgency — to fix it.

April 18th: I initiated a withdrawal of 17 ETH (worth ~$40,000 at the time) from Hyperliquid to Ethereum Mainnet via @unitxyz.

tx hash: https://t.co/tTN6asPfX7

2 minutes later, the transaction showed as "failed."

I have completed 100+ deposits and withdrawals through Unit before this. This had never happened.

First thing I checked: did the 17 ETH return to my Hyperliquid account? No.

Second thing I checked: did I make a mistake — wrong address, wrong network? No.

Everything followed Unit's own instructions exactly.

So I contacted support. They told me to use the "revert" feature to recover my funds.

It didn't work.

Here is where it gets interesting. I asked them why.

Unit Support: "The revert feature does not currently support this type of transaction, which is why we have not been able to resolve it via that method. We are actively working on expanding revert capabilities, but cannot bypass the existing limitations."

- I asked what the "limitation" actually is.

Unit Support: "Reverts for flagged withdrawals from Hyperliquid is not currently supported. We are actively working on expanding revert capabilities."

Notice the pattern? The same scripted sentence, repeated, regardless of the question.

- I asked them to explain in simple terms, why my transaction failed in the first place.

Unit Support: "The wallet was flagged as exceeding compliance thresholds and the Guardian set could not reach consensus on the transaction."

- So I asked the obvious question: "But why do you flag a transaction without having the ability to revert it? You flag it, it turns out you were wrong, but can't do anything about it. WTF. What's your solution instead of 'just waiting until someday the revert feature will be shipped in 10 years'?"

Unit Support: "It's high priority for us and we will reach out here once the revert feature is available."

That was their final answer. After a month of waiting.

It kept going like this for another month — they kept repeating the same answers and eventually ghosted me.

I contacted @hyperliquidbull and @0xmev directly on X under their posts about this case.

Both said they would fix it, but nothing has happened yet.

If this was truly "high priority", a $40,000 user-impacting bug would not still be unresolved 2 months later.

There is a simple, obvious fix available right now: refund me from treasury and revert the transaction on your end afterward.

No new feature required. No engineering blocker. Just a decision to make the user whole.

The 17 ETH they are holding back was worth $40,000 on April 18th. Today, it is worth roughly $27,000.

I have personally lost $13,000 — because of an error on Unit's side that they have refused to remedy for two months.

I am asking @unitxyz directly — @sershokunin, @hyperliquidbull, @0xmev — is this how you treat a day-one, loyal user?

I believe there are more cases like this sitting quietly in your support queue right now, so I decided to speak up and let everyone know how poorly you handle situations where YOU, as a protocol, clearly messed up.

Tagging the hyperliquid team here as well in case you can help me to resolve this: @chameleon_jeff @xulian_hl @iliensinc

Please RT and like this for awareness. 🙏

[Ihor🔥.eth @0xIhor]

Some additional data and thoughts on @re's airdrop distribution ↓

▫️Biggest airdrop (1.624M in $RE tokens) was received by none other than Zeropants.eth, a famous point farmer who has already farmed pjs like Usual Money since day one and cashed out millions of $. This guy has an enormous amount of capital (7 figures+) to farm points-based airdrops
▫️Second largest airdrop (971k in $RE tokens) was claimed by wallet 0xf991acd672d5b344afcb29931af6401ed32e2691 (also a multi-millionaire points farmer)
▫️Third largest airdrop (620k in $RE tokens) was claimed by wallet 0xa427def3f920f718a89e5ab473c79c065ab10ef4 (another whale with 8 figures in their pocket)
▫️Number of wallets that have received 100k-300k RE tokens: 10
▫️Number of wallets that have received 40k-100k RE tokens: 11
▫️Number of wallets that have received 20k-40k RE tokens: 31
▫️Number of wallets that have received 5k-20k RE tokens: 204
▫️Number of wallets that have received 1k-5k RE tokens: 291

The data above suggests that:
▫️495 users have received low to high 4 figures airdrops
▫️42 users have received low to mid 5 figures airdrops
▫️Only top 13 users have received mid 5 figures to mid 6 figures airdrop

All of these calculations were based on RE's token average launch price on June 18 which was $0.50 (it's at $1 today btw)

But what is common between almost all of these top airdrop claimoors? I've gone through most of the top recipients addresses and guess what, they're mostly whales with 7 figures, high to mid 6 figures or high to mid 5 figures in their wallets. Sure, ordinary users have also received sizable rewards (4 figures), but their numbers were pretty small

Some other points worth mentioning:
▫️Re have completely fvcked over their Discord community (which wasn't surprising after their Discord was set to read-only back in 2025)
▫️The fattest stimmies were received by users who have risked the most amount of capital (which imo is a fair distribution based on the r/r ratio)

—————————————

And now I'm reading "oooooh, airdrops are back broooo" everywhere. Sure, if you're a 7/8-fig gigawhale, then yeah, you can say that. But if you're a dirt poor freeloader? I don't think so

Biggest irony is: people screaming "airdrops are back" the loudest are the ones who were sidelined from Re because they have no money to deposit. Double LOL

First let's see 5-10 good airdrop distributions in succession (and not to whales or insiders), then we'll talk about airdrops being back. But imo this isn't gonna happen

Anon Vee's post is very fitting here (attaching the ss)

[Polymarket Sports @PolymarketSport]

🚨TRENDING: Iran player Mohammad Mohebi scores and immediately does the finger-gun shooting celebration towards the crowd in the USA.

[Reya @reya_xyz]

This week we rolled out Spanish as a language option on the dApp.

We’re working on launching additional language options to our community.

Which one should we add next? 👇

[Panoptic @Panoptic_xyz]

We've spent the past few weeks refining Panoptic V2 alongside our earliest users and Prime members.

Their feedback has helped improve user experience, test vault strategies, and improve our trading interface. Thank you to everyone helping us build.

[Wazz @WazzCrypto]

BInance listed every scam coin under the sun rugging their own users dozens of times. And now pivots to stocks.

Yeah they don't care about crypto at all, they just want your money.

Also this doesn't bode well for the imaginary internet coins market overall

[SerDN.base.eth @sergioonaveira]

@KSYLOS1997 @StartaleApp Thank You!