The Spire stack has processed $3.1B in volume on Ethereum over the past 8 months, through B2B integrations.
Today it goes public.
BaiBai brings that our tech to a new kind of trading infrastructure on @base: the first PropAMM + aggregator.
Bold claim from @mteamisloading co-founder of @spire_labs: prop-AMMs are the next evolution of market microstructure.
Better than an order book at everything order books do well. A lot better than Uniswap v4 onchain.
Better prices, way more capital efficient
Happy Tuesday from South Florida.
Big week for regulation. S&P500 all-time highs, perhaps a crypto breakout brewing???
Market looks decent. Bitcoin battling around mid-60K, HYPE's holding above $50, ZEC and NEAR bouncing back and VVV and LIT consolidating.
CLARITY's all over the headlines, Senate leadership says a vote is still coming before the August 7 recess, cutting it close on time and votes.
Meanwhile Dinari and Circle are teaming up to put the S&P 500 onchain with USDC funding, and Bezos sold $4B in $AMZN as it hit ATHs.
Great show today, the line-up is in:
1:00PM ET @ecdsafu & @0xtna - @squidrouter
1:30PM ET @matthew_sigel - @VanEck_us
2:00PM ET @SlaterHeil & @mteamisloading - @spire_labs
2:30PM ET @GabeOtte - @DinariGlobal
See you on the show.
Couldn’t be more excited to welcome @SlaterHeil, one of the sharpest minds in the space, to Spire.
PropAMMs are about to reshape onchain trading.
Stay tuned to @baibai_cx.
I have a restless mind, and I wanted to work on a few other things.
Etherfi is in good hands.
As of today, I'm serving as fractional CMO for @Spire_Labs. Spire is crushing the propamm space.
I am also advising a few projects across crypto and AI, which I'm excited to tell the world about.
@toobaddown Yeah I agree that there is a very fuzzy boundary here. Not to say something wrong but I'd place @Spire_Labs on that boundary? Especially since they started closer to the vision of based L2s and moved towards app-specific L3s over time iirc
A legendary $1,000,000 proof has appeared! My wings are tired.
Thanks to my friends at @Spire_Labs for posting this proof through DA Builder! https://t.co/W5ZfrjrY8H
For years, Spire has been relentlessly working on synchronous composability, one of crypto’s hardest problems.
Last week, we unveiled @baibai_cx, the first PropAMM platform powered by it.
This post explains why it is more than a PropAMM and what it means for onchain trading.