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In love with #Web3 | SPYJ644K | 🔮wiz
@avalonfinance_

[Tom ⛩ @Tom_Degen68]

GM everyone. Good to see @BeldexCoin closed a new $8M funding round

Total capital raised now sits ~$36M. The funds are focused on building privacy with main priorities: tools, confidential assets, an EVM sidechain, AI agents.

Near-term work includes:

- Beldex Extension Wallet
- SDKs
- Account-based addresses
- Confidential assets
- EVM sidechain testnet

Longer-term focus covers Fully Homomorphic Encryption research, Quantum-resistant tech and Agentic Finance.

The goal is simple: make privacy practical for developers and usable for applications across Web3 and AI.

[Tom ⛩ @Tom_Degen68]

Money don't sleep on RBH and Kyber

Incredible 3-fig APY Robinhood yields I found on @KyberNetwork, dyor:

- cashcat/WETH - 382% APR: https://t.co/lDAClZQ21C

- WETH/STONKBROKER - 299% APR: https://t.co/B2baGiger6

- USDG/NVDA - 203% APR: https://t.co/EYroPuqXfh

- WETH/GWOOD - 201% APR: https://t.co/GLo7P7VE4d

Find more: https://t.co/hAQ8QDVMzd

[Tom ⛩ @Tom_Degen68]

Solana is the market bet for @NolusProtocol

There is open discussion in the community that @cosmos never delivered the liquidity or desirable trading pairs they needed.

The @solana expansion is framed as the growth opportunity: Success or failure will be judged by whether the product can attract real volume once it sits on Jupiter/Raydium-depth liquidity.

More to come.

[Tom ⛩ @Tom_Degen68]

Apys is live on Solana

It's a lightweight stablecoin allocation layer, building to capture the large pool of lazy or overwhelmed stablecoin holders on SOL who want yield without researching markets or managing multiple positions.

@apys_co differentiates others by being thinner:

- No intermediate vault share and non-custodial
- Just allocation + execution into the major markets
- User remains the direct depositor in @kamino / @JupiterExchange / @Loopscale

→ Looks more like a smart allocation frontend > traditional yield aggregator

Worth a look if you've been leaving stables on the sidelines. Early USDC incentives are a nice touch too.

[Tom ⛩ @Tom_Degen68]

I think we all agree that onchain economy = next trillion-dollar market.

RWAs + crypto perps are already live and growing.

@tradehotstuff is currently one of the cheapest venues to trade them - negative maker fees on many pairs, unified margin, and real volume.

Cheap execution compounds.

[Tom ⛩ @Tom_Degen68]

Robinhood Chain on KyberSwap:

- 7D Volume: $91,59M
- 30D Volume: $315.51M
- Total Volume: $322.49M

- 7D Wallets: 11,130
- 30D Wallets: 24,906
- Total Wallets: 25,391

@KyberNetwork team put in serious work integrating RBH and it shows. They built tools that make trading better:

- Trending tokens based on real onchain activity
- New / recently whitelisted tokens so you can catch things early
- FairFlow + EG for stronger LP yields
- Limit Order 2.0 for cleaner, more precise entries

Everything in one place: fast discovery, better execution, and real yield tools.

If you're active on @RobinhoodCrypto Chain, KyberSwap is currently one of the best places to trade.

[Tom ⛩ @Tom_Degen68]

Look at HyperEVM top revenue protocols.

You're right that pure trading interfaces dominating makes @HyperliquidX L1 look thin as a standalone L1.

But $HYPE deliberately made HyperCore the high-performance trading engine and let builders monetize on top via interfaces and HIP-3.

The fact that XYZ, Phantom Perps, Invo, etc. are generating real revenue shows the builder-code / HIP-3 model is working as intended → The money is still flowing to people building on the orderbook, not away from it.

A huge portion of Solana, Base, or Arbitrum DeFi TVL is also concentrated in perps, dexs, and yield that depends on trading volume.

So HyperEVM looking trading-heavy just more honest about where the economic activity is.

[Tom ⛩ @Tom_Degen68]

A useful way to think about the onchain economy:

- As more traditional assets move onchain, the competitive axis shifts from pure speculation toward efficient intermediation.

- Venues that can intermediate RWA and crypto flow at low cost will attract professional and semi-professional volume.

@tradehotstuff combination of negative maker fees + unified margin across crypto + RWA markets positions it relatively well on that axis.

Whether that translates into durable market share depends on liquidity depth and sustained volume, but the fee design is a clear structural positive.

Check out this fees model ↓

[Tom ⛩ @Tom_Degen68]

GM everyone, happy Sunday!

Looks like Robinhood making Coinbase sweat.

@RobinhoodApp has been pulling in a solid numbers across both stocks and crypto, partly thanks to the roughly 7% yield it offers on deposits.

@coinbase clearly doesn't want to sit this one out. The yields look like this:

- Robinhood: ~7%
- Coinbase: ~6.5%

The gap is not massive, but it's telling. It wouldn't be surprising if Binance and other major exchanges start pushing similar products soon.

Exchanges are competing with banks and traditional investment apps.

[Tom ⛩ @Tom_Degen68]

Deliberate Anti-Hype Positioning

While the market chases 50-100x perps, @NolusProtocol intentionally stays in the 2-2.5x range with partial liquidations and fixed costs.

This is a feature for capital that prioritizes survival and predictability over maximum leverage.

It may age better in choppy or bearish regimes, and could appeal to more conservative or longer-horizon users who want real asset ownership > synthetic exposure.

[Tom ⛩ @Tom_Degen68]

https://t.co/TQFEu2FJKt

[Tom ⛩ @Tom_Degen68]

Solana DEX volume = 2.5x Ethereum on Sunday, with 8.5x less TVL

@ethereum remains the TVL king by a wide margin, yet a growing share of trading flow is happening on faster + cheaper chains.

[Tom ⛩ @Tom_Degen68]

GM fellas

Paperhand won't get this

[Tom ⛩ @Tom_Degen68]

Wow

@Morpho went from $5B → $11B deposits and > $4B active loans in 2026.

A few concrete moves explain why, and why it's playing a different game compared with Aave, Euler, Compound:

- V2 (Jan): letting the market set rates instead of the protocol deciding them

- Vaults V2 (Jan): vaults can now allocate across any future Morpho market + better institutional-grade governance/controls

- Custody rails (Feb): Taurus, Anchorage, Ledger Enterprise all plugged in institutional users directly

- Morpho Agents [Beta] (Apr): CLI/MCP server so AI agents can build directly on Morpho

- Embedded finance: fintech apps quietly became the distribution layer for Morpho-powered yield

- Vault Summit NYC (Jun): institutions stopped asking "should we" and started asking "how do we ship this"

- Morpho Midnight (Jul): fixed-rate, fixed-term lending, a totally new product. Launched slow and careful, starting with one cbBTC/USDC market on @base

IMO, Morpho is betting isolated markets + curators + now fixed-rate credit is the faster path to institutional share.

[Tom ⛩ @Tom_Degen68]

https://t.co/UmWEFcgO2z

[Tom ⛩ @Tom_Degen68]

Canopy is scaling:

- $8.5M seed round
- 331K+ testnet launches
- 350K users
- 25K developers

The core problem @CNPYNetwork targets:

Making building decentralized applications fast and accessible enough.

Cuz right now, AI can write an app, but the app needs a chain to run on, and every existing option assumes a human team is going to configure it out → So they build an infra to remove that assumption.

---

Key elements of the solution:

- AI-native development model: Templates and tooling work in mainstream languages that AI coding assistants already understand well (TypeScript, Python, Go, etc). The goal is 200 lines to a running chain.

- Immediate shared security: New chains inherit economic security and validator services from day one instead of having to bootstrap them from scratch.

- Progressive sovereignty: You can start with shared infra and later graduate to a fully independent L1 if the application outgrows the shared layer - without migration.

- Ownership-first: The thesis is that serious applications will eventually want a chain they actually control > permanently renting rails from someone else.

What do you think?

[Tom ⛩ @Tom_Degen68]

Feels like the market is finally giving us the green light and you know what that means.

Specifically looking at @EthraShip here:

- Liquidity Program is coming soon
- Portal/points system has been active for a while
- Sea Verity intelligence layer is being built

[Tom ⛩ @Tom_Degen68]

Capital efficiency in crypto right now is wild.

A handful of business models are turning tiny teams and minimal infra into insane fee capture. Perp DEXes have the best revenue-per-head ratio in the game.

@HyperliquidX is the undisputed king. Tiny team (11 people), no VC money, community-led token distribution - yet they're doing $1.127B in estimated annual revenue. That's over $102M per person.

They're outpacing Tether, OF, Nvidia, and Apple on a per-capita basis. All from lean perp volume on their own L1.

Other high-efficiency plays worth watching:

• Stablecoin Issuers - @tether $16M/day (~$5.9B annualized) and @circle ~$6.69M/day ($2.4B annualized) are domitaing.

• Prediction Markets - @Polymarket doing ~$729K/day. Event-driven volume with basically zero balance sheet risk.

• Memecoin Launchpads - @Pumpfun at ~$1.17M/day. Pure fee-on-volume, no inventory risk.

• Yield-bearing Stables - @ethena cracking top-3 some weeks by blending stablecoin mechanics with delta-neutral basis trades.

Revenue scales with volume or reserves, not headcount. Take a cut of every trade or earn yield on parked capital and you don't need to hire more for usage grows.

[Tom ⛩ @Tom_Degen68]

Road to 10k points on @tradehotstuff

Week 20 dropped 500k points to 3k3+ users.

Still holding onto that 1 point = $1 dream we calculated earlier haha.

[Tom ⛩ @Tom_Degen68]

One thing you must remember when trading memecoins on Robinhood:

Always watch the leader cash-cat:native

As long as it's still alive, trend is alive. Once it dumps hard, the whole meme season is probably over.