ASTEROID THESIS IS LIVE ON NOVA MARKETS — VOTE NOW
What is Nova Markets? @novadotmarkets
Nova Markets is the platform that helps projects get listed on Hyperliquid — one of the fastest-growing perp DEXs in crypto. Projects are submitted as “theses,” and the community votes to show conviction. Strong vote count = strong signal = path to a Hyperliquid listing.
Why it matters for $ASTEROID:
A Hyperliquid listing puts $ASTEROID in front of serious traders, deepens liquidity, and unlocks a whole new wave of eyes on the project.
VOTE HERE: https://t.co/J3YYgFKbxj
Woke up extremely bullish on DeFi and Ethereum today
Uniswap launched in the 2018 bear, when Ethereum sentiment was at all time lows
Uniswap and other defi projects relentlessly built through that bear market and proved how powerful Ethereum can be, catalyzing defi summer and everything since
Now vibes are down bad again and Uniswap intends to build our way out of it. Last time it was by proving defi is possible. This time it will be by proving defi is inevitable.
The internet brought two disruptive changes: existing businesses moving onto the internet, and the formation of new internet-native businesses
The same duality will exist for defi: the tokenization of all existing assets, and a growing vibrant economy of crypto native assets. And it’s all happening right now, with more and more assets being brought onchain, increasing the value and productivity of crypto native assets.
As this digital economy grows, Defi is being integrated everywhere - payment processors, brokerage accounts, asset issuers. It won't stop until we eat the entire global economy
Uniswap the liquidity layer + Ethereum the settlement layer. The perfect combination of low counterparty risk, permissionless, programmable infrastructure
And all this will result in huge growth in protocol volumes and fee generation. Which reminds me:
UNI burn hit all time highs today, after several new sources of protocol fees came online.
And there are many more to come: v4, uniswap x, aggregator hooks, more chains, etc
Now add in all the new assets coming onchain
We're still at the beginning 🦄
uniswap hit a new daily all time high in burns (~134,000 UNI in last 24 hours)
which would place it roughly fifth in holder revenue (behind only hype, canton, chainlink, and tron)
and it’s still early innings, with more fees to be turned on gradually
MACHI BIG BROTHER: LIQUIDATED AGAIN
Machi Big Brother has lost a combined total of $80 Million dollars trading crypto perps on Hyperliquid in this past year alone.
This is the first time he has been liquidated and not topped up his account.