TBTB

Obsessed with AI. Tweets aren’t financial advice.

[Spectrum @spectrumindexes]

Tomorrow we open source an entire new asset class onchain 🌈

Turn your thesis into a token, support ecosystems and projects in a single buy, it's time to align communities together through basket tokens.

What's more, Spectrum will be available as an open source kit, allowing anyone to setup their own Spectrum site in less than 5 minutes through a guided setup using an AI.

Zero complexity, zero hassle, maximum decentralization & accessibility.

Until tomorrow!

[TBTB @timfl2049]

$PRISM

[Spectrum @spectrumindexes]

https://t.co/HZXyVKimMG

[Prism @prism_lp]

Gspectrum🌈

[Spectrum @spectrumindexes]

Next Week We Change The Game.

Spectrum V2 █████████▒ 95%

[TBTB @timfl2049]

@prfa Just burned 5M+, how do I get the second sealed draw ?

[TBTB @timfl2049]

@prism_lp Gprism

[TBTB @timfl2049]

$PRISM Hidden Gem

[Prism @prism_lp]

Creating the onchain index industry is a huge priority for the Prism Ecosystem and with Spectrum Mini, the path is laid out for this new burgeoning asset class onchain, made possible with @Uniswap V4 Hooks.

The Global TradFi Index industry: $15 Trillion
The Global Onchain Index industry: $0 Trillion

It's soon time to even the playing field.

[Sui 中文｜隐私转账 Beta 中 @SuiNetworkCN]

https://t.co/3WTgU8uqpt

[TBTB @timfl2049]

$PRISM

[Zeneca🔮 @Zeneca]

This week's newsletter is all about the Prism ecosystem

It's one of the most interesting things I've seen in the onchain world in a while, all utilizing the power of Uniswap v4 hooks

Read the deep dive here: https://t.co/PWJvFHphew

[TBTB @timfl2049]

相同看好

[Fight Club @FightClub753]

This boxing footwork move helps you create angles, improve balance, control distance and move sharper inside the ring. The Diamond Step is perfect for boxers who want better movement, cleaner exits and smarter positioning during sparring or bag work. Train your feet like you train your hands and level up your fight IQ.

[TBTB @timfl2049]

$PRISM

[Ethan @Ethanh141]

Think in a couple of months I will regret not buying more $prism at these prices

- Allows for creation of 'index tokens' through spectrum that represent a basket of tokens much like indices in tradfi (powered by Uni v4)
- Portion of index fees go to buying back and burning $prism
- 100% of ethereum:0xbd3ab5859f244cc9f51ee0ca755c5cf663d80040's LP revenue is routed to holders of the token onchain (no wrapping/staking etc)
- Dev @0xsolazy ETH OG and Milady
- Vitalik mentioning the need for index tracking assets in crypto (https://t.co/ouN8KfFrQw)
- @ColbySaysHi the public face of the project and sitting with a very large public position on @fomo

Currently the best performing sectors of crypto have been those that bring tradfi onchain - RWAs, Equity perps, IPOs

Trad-fi is built around indices. Why isn't crypto?

[TBTB @timfl2049]

$PRISM

[Baz @ze_baz]

https://t.co/xSXjcAvGDa

[Michael @0xMichael]

思考了一下 Prism Spectrum 一揽子指数的取价方式是否合理，目前的结论是：整体上是合理的，具备可持续性，有潜力成为 链上版 ETF 发行和交易平台 。

取价机制
- 纯市场驱动（Market-Driven Pricing）：没有独立的 NAV（净资产价值）计算、没有 oracle 喂价，也没有主动再平衡。
- 买入：你支付的资金按当前池权重直接买入底层资产并存入池中（增加对应权重）。
- 卖出：按当前权重取出对应底层资产。
- 价格 = Uniswap V4 流动性池的即时市场价格（完全由供需决定）。
- https://t.co/VbvoHPkEeN 显示的 Rainbow Chart / 持仓是链上估算参考，并非官方定价依据。

这本质上是 被动指数 + AMM 定价 的结合，利用 V4 Hook 实现自动化。

优点（为什么合理）：
- 高度去中心化、无信任假设：完全 on-chain，无需第三方 oracle（避免 oracle 操纵/延迟风险）。
- 被动再平衡：交易本身驱动权重调整，符合“市场是最有效的定价机制”理念。买入热门资产自然增加其权重。
- 透明且高效：无需 vault、无 wrapper、无管理人，Gas 相对优化，任何人可 launch。
- 与 DeFi 哲学一致：类似于 Uniswap 本身的 AMM 逻辑，价格发现由真实交易驱动，而非预设公式。
- 在流动性充足时表现好：大额交易能快速拉近与底层真实价值的偏差，类似传统 ETF 的 creation/redemption 机制（只是这里通过 swap 实现）。

缺点 & 潜在不合理之处：
- 价格易偏离真实 NAV：小 AUM（当前多数指数仅几万到十几万美元）时， slippage 大、操纵风险高。大额买单可能大幅推高价格，远超底层资产实际价值。
- 缺乏公平价值锚定：传统 ETF 有 creation/redemption 机制强制 NAV 收敛，而 Prism 依赖纯市场，偏差可能长期存在（尤其低流动性时期）。
- 无主动纠偏：如果底层资产价格大动，但指数池流动性差，价格滞后或失真。
- Gas 与复杂性：V4 Hook 本身较新，机制复杂，潜在代码风险会间接影响定价可靠性。创始人说新版本上线前代码都会让 opus 和 fable/mythos 测试。

与传统指数/ETF 对比：
- 传统 ETF：NAV 每日计算，市场价围绕 NAV 波动，通过套利机制收敛。但如果用预言机喂价容易引入外部风险。
- Prism Index：无 NAV 强制，更像“永续 AMM 篮子代币”。在高流动性下接近 ETF，在低流动性下更像高风险实验品。优点就是无需预言机喂价，不会引入外部风险，是更纯粹地链上ETF。

[FURY FURY @PureStrikingHQ]

Moment Canelo entered the flow state. I can swear on my life that this is the most interesting and smoothest flow state I’ve ever seen in my life.

Canelo is HIM! 👑🔥🥊

[TBTB @timfl2049]

$PRISM is fucking cool!!!

@prism_lp
one v4 pool. five thousand facets.

dstable : https://t.co/ilR1Q4rTZQ
spectrum : https://t.co/kUDCJRq9pE

https://t.co/V9NS8n7cpJ

[TBTB @timfl2049]

https://t.co/ieczG7YBdz

$01

CA:0x32708538a107253b51a735a724330a23106ca4ca

[RingKai @RingPhantomx]

That lean back strike is sure fire 🔥

I love this... All the information and examples of it's implementation are here