The highest form of wisdom is to know when to play or stay away. @Virtuals_io & @RobinhoodCrypto Contributor For collab: https://nitter.gq/t.co/k17xWC6h1O
Joined May 2019
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Dracule Mihawk retweeted
Shorted $SOL on @NolusProtocol expecting more downside.
I chose spot margin over perps recently for tighter risk control:
• Fixed rate locked
• Partial liquidations + MAG instead of full wipe
Have a good weekend fam.
Dracule Mihawk retweeted
> @LayerZero_Core mainnet is getting closer.
here’s what i’d explore before november 30 👇
what interests me is the distribution forming around ATLAS. Based already serves traders, Globe is opening early access, and Tzero has a testnet points program.
1. Tzero | explore the launchpad
@T0dotfun is building a token launchpad for Zero. its current testnet runs on Base Sepolia, where missions trade on a bonding curve before graduating to TzeroSwap.
start here:
testnet.tzer0.fun
- get free Base Sepolia test ETH through the faucets linked in the app.
- Season 0 has 5% of T0 supply allocated.
- Fuel earns 1,000 points per test ETH of eligible buys, with a 60-minute hold and a daily cap of 1 test ETH per wallet.
- Crew, Liftoff and staking have their own qualifying conditions. check them before repeating transactions.
- Signal only starts after the relevant X announcement opens.
- eligibility begins at 500 points. scores remain provisional until the final snapshot.
this is the clearest place on my list to explore a product with published participation rules.
2. Globe | join early access
@globemkts is building a social trading app on ATLAS, with perps across crypto, stocks and commodities.
- group trading feeds, copy features and voice-generated orders are part of the announced product.
- early signups before november 30 receive Founding Trader status.
- access is planned to open gradually after launch.
globemarkets.xyz
i’d join to follow the rollout and understand the product. Founding Trader status doesn’t establish a token allocation.
3. Based | watch the ATLAS rollout
@BasedOneX reported 45K+ active addresses and $50B+ lifetime Hyperliquid volume in its november 5 announcement.
- ATLAS trading is planned for its mobile app and web terminal from launch.
- that gives Zero a potential route to an existing trader base.
- i’d watch the actual markets, liquidity and execution once the integration opens.
that existing distribution is one of the more interesting parts of this launch.
4. the wider watchlist
- @GTE_XYZ has announced plans to give traders access to ATLAS and has a waitlist.
- @000dotfun is a token launchpad whose website is still marked pre-launch.
- @z30index describes itself as a 30-stock dividend protocol for Zero. public information is still limited.
- @tradeon21x completed a private Zero pilot recording 10,000 order matches per second. useful technical evidence, but a different kind of participation opportunity from a public testnet.
5. where ZRO fits
ZRO is intended for Zero’s gas, staking and governance.
under the published Open ATLAS model:
- venues receive 20–65% fee rebates.
- 75% of the fees remaining after those rebates funds ZRO buybacks and burns.
- that equals 26.25–60% of gross fees, depending on the venue’s rebate tier.
i’ll be watching actual fee generation and the rebate mix after launch.
my starting point would be Tzero’s testnet and Globe’s early access, then checking Based and GTE as their ATLAS routes become available.
these announcements don’t confirm a new ZRO airdrop.
which Zero app are you looking at first?
Dracule Mihawk retweeted
stocks just met memecoins.
launch a token priced in $TSLA, live on solana mainnet.
corine forge:
→ quote your launch in tokenized stocks (TSLAx, NVDAx, SPYx…)
→ anti-snipe fee that melts 50% → 1%
→ graduates into a compounding meteora pool
→ conviction pool: supply locked onchain in a sell ladder
every tx simulated against mainnet before you sign.
launch it. lock it.
corine.xyz/forge
Dracule Mihawk retweeted
Futures without liquidation are live.
Long or short with leverage, like a perp, with no liquidation line. A wick can't close your trade.
You close it when you want, or it settles on the expiry you choose.
Next week: a trading battle on it. $2,000 prize pool.
Dracule Mihawk retweeted
Alright, chat, time to address sensitive questions before y’all start guessing
1⃣Wait , are you guys an AI company now?
No. MEGA is a crypto-native company, and proudly so. Inference is the market we are entering, but the way we win it is through crypto technology and ideology.
There’s an artificial wall in crypto people’s minds about AI. It seems that if you are solving AI’s problem, you are betraying crypto. We reject that artificial boundary.
Inference is going to be the largest market in the world, and we believe crypto’s core tools are the best answer to AI’s biggest ones: fairness and access.
2⃣Okay, fine, explain to me why a crypto infra company is capable of solving AI Inference
Building MegaETH taught us something bigger than blockchains: across the largest markets, there are prevailing assumptions that lead end users to pay more than they should. Blockspace was one of those markets.
We are system researchers/engineers from Stanford Platform Lab, MIT CSAIL, and Harvard SEAS. We enjoy pushing markets toward their end state, and did it once with blockspace by breaking the norm and running a powerful centralized sequencer. Today, no one, literally no one, mentions decentralized sequencers anymore.
We were able to come in, measure where the waste was, find that the limit was a design choice, and engineer past it (very much against the “consensus”).
Over the summer, when we shipped Mega, the chain, we lifted our eyes and looked for the next ambitious problem set worth solving. We discovered, delightfully, that blockchain and cryptography can be applied to solve inefficiency in the rapidly growing inference market
We realized that staying a chain-only company felt wrong and would have meant ignoring the biggest opportunity in front of us.
Therefore, we decided to expand our mission and restructure to match it.
3⃣ Final question, what’s launching in December?
We are launching a globally competitive inference market to the public in Dec 2026.
Today, we commit $30 million to build new products on MegaETH, starting with AI inference.
mega.holdings
Dracule Mihawk retweeted
Introducing Marble.
We’ve raised $11M in seed funding led by Polychain Capital to build institutional trading and AI infrastructure finance.
Looking for liquidity, financing or capaciy—or want to help us build? We’d love to hear from you!
marblegroup.xyz
Introducing Marble.
We power the world’s frontier markets with capital and liquidity.
◐ Marble Markets: institutional trading across digital assets, real-world assets, prediction markets and compute
⊞ Marble Compute: institutional private credit for AI infrastructure
$11M seed led by @polychain
prnewswire.com/news-releases…
Dracule Mihawk retweeted
Five years ago, Injective produced its first block.
Five years later, the first U.S. ETF for $INJ launched on Nasdaq and some of the world's largest institutions onboarded to Injective.
Year 5 was our most transformative year yet with much more on the horizon.
Here are just some of our biggest milestones ⤵️
🏛️ INJ Enters Global Financial Markets
• First U.S. Staked $INJ ETF launched on Nasdaq
• First regulated U.S. futures for $INJ
• Asia's first regulated INJ investment fund launched
• MiCA regulatory milestone expanded access across Europe
• @RobinhoodApp, @Revolut and @BinanceUS listed $INJ
• Native $INJ expanded to @solana
🏦 Global Institutions Go Onchain with Injective
• $1 Billion+ in mortgage records tokenized onchain by publicly listed company Pentiv on Injective
• Global giants POSCO International and LG CNS partnered to tokenize real world trade receivables
• Injective became the first L1 to become an SEC registered transfer agent which enables us to bring regulated tokenized assets to market
• Injective Institutional Rail introduced to connect banks directly to blockchain infrastructure
• Injective Mint launched in beta to enable compliant RWA issuance without code
• @Bitwise, @nansen_ai and Gulf Labs joined the Injective validator ecosystem
🌎 Injective Powers Global Financial Infrastructure
• Native USDC launched with @circle
• Injective is set to be the canonical stablecoin standard across more than 20 chains
• Injective set to tokenized the Korean won to bring bank backed Korean won stablecoins onchain
📈 Onchain Markets Reach New Heights
• Over $12 billion in annual trading volume
• $2.5 billion in peak monthly trading volume across Injective DEXs
• Tokenized stocks broke monthly volume records four consecutive months
• Native EVM launched with 30+ applications and integrations on day one, unlocking the next era of MultiVM
• @chainlink Data Streams integrated for real time financial market data
• Injective Options introduced on testnet
• New perpetual markets introduced for AI compute, including NVIDIA GPU rental prices
🔥 The $INJ Economy Grows Stronger
• Over 7.29 MILLION $INJ permanently burned
• 517,692 $INJ burned through the Community BuyBack program
• Record 58.8 million $INJ staked
• Stockdrop launched to bring tokenized stock rewards to BuyBack participants
🤖 Unlocking the AI Economy
• AI agents can autonomously trade perpetuals using natural language
• Onchain agent identities enable autonomous participation and trading revenue sharing
• Injective chosen to join the Linux x402 Foundation
• x402 enables AI agents to make USDC payments in approximately 600 milliseconds
• New infrastructure introduced to power the next generation of autonomous financial applications
🚀 The Biggest Milestones Are Still Ahead
And we're only getting started.
• $10 billion+ in real world assets targeted to come onchain
• CypherOS mainnet bringing native privacy to Injective
• $100M+ in USDC issuance set to occur on $INJ
• Quantum resistant security in the works for Injective
• Institutional Rail expanding to connect more banks and global financial institutions
• New regulated investment products bringing $INJ to more users worldwide
• Entirely new financial markets, tokenized assets, institutions and AI applications launching on Injective
Five years ago, Injective started with a simple but ambitious vision: rebuild the global financial system onchain and make financial markets accessible to everyone.
Today, that vision is becoming a reality.
None of this would have been possible without the incredible builders, validators, institutional partners, stakers and millions of ninjas who believed in us along the way.
Thank you for five extraordinary years.
We spent the first five years building the foundation for a new global financial system. The next five will be about bringing that vision to billions worldwide.
The best days for Injective are yet to come. Lock $inJ
Dracule Mihawk retweeted
INJ is on Nasdaq. $INJC, the first US ETF for $INJ, went live Thursday with staking built in, and on Friday we rang the Nasdaq opening bell alongside @CanaryFunds. Days earlier, we opened a dedicated rail for banks and enterprises to plug straight into Injective block production.
Wall Street met Injective this week. Here are the top developments from a historic few days ⤵️
🟪 Your brokerage account can now hold $INJ through $INJC on @NasdaqExchange, an ETF that aims to stake up to 90% of its INJ and restakes net rewards automatically.
🟪 Banks and enterprises get a direct line into Injective block production with Institutional Rail, which delivers next block inclusion and instant finality and is already in production with select financial institutions.
🟪 Bloomberg Terminals now carry $INJC, putting the first US listed $INJ ETF in front of the institutions, banks, and hedge funds that use them every day.
🟪 LG CNS is joining our Bangkok Hacker House after completing a trade finance PoC on Injective with POSCO International, and applications close November 10.
📊 Key Stats
🟪 Injective has processed 3B+ transactions, carries over $1 billion in tokenized assets, and has run over 7.2 million $INJ in buybacks funded by onchain revenue.
🟪 Users traded $416 million over 7 days across Injective exchange dApps, lifting cumulative volume to $85.1 billion.
🌐 Ecosystem News
🟪 The Cosmos Hub voted on November 3 to move 566,067 USDC from its community pool into Circle’s native USDC on Injective.
🟪 Luxury mystery box app @MistBoxpro launched on Injective and logged 17,139 new signups, 8,333 boxes opened, across November 4 and 5.
🟪 October was month one for @runupdotfun, and it closed with 1,096 token launches and $2.3M in volume.
🟪 Trade $AAPL, $NVDA, $TSLA, $SPY, and 600+ more tokenized US stocks and ETFs on Injective through @ChoiceXchange, powered by Swimmer Finance.
🟪 Tokenized fund market cap on Injective has grown by $206.3M so far in 2026, according to @RWAFoundation_ using Token Terminal data.
What started in a dorm room in 2018 just opened the market on Wall Street. Hacker House applications close November 10, so come build the next chapter with us.
Dracule Mihawk retweeted
Injective just rang the opening bell at @Nasdaq 🔔
Our CEO @ericinjective joined Canary CEO @StevenMcClurg to open the market and celebrate the launch of $INJC, the $INJ Staked ETF.
What started in a dorm room in 2018 is now at the center of Wall Street.
Much more to come.
Dracule Mihawk retweeted
Our ambition: public fundraising for every developer.
Our CEO @ConejoCapital at Solana @incubator Demo Day, sharing how we're building ClawPump into the largest agentic financing platform on Solana.
Build in public. Raise in public.
Dracule Mihawk retweeted
Hear me out
> Privacy for HYPE
> on @Enter_Elysium
(several are building this)
Dracule Mihawk retweeted
Raeto now integrates @priors_trade
$PRIORS is the credit layer for AI agents: it lends agents USDG, backed by people who put real money behind them, and turns every repayment into a public, on-chain record.
$RAETO is the account layer for agentic finance: where an agent holds its money, spends it on AI and tools, and pays and gets paid.
Bring the layers together: an agent can borrow on Priors, put it to work on Raeto, get paid, repay, and build its record. And every agent on Raeto can check that record before it pays anyone.
Credit to get started. An account to run on.
Dracule Mihawk retweeted
#Hyperliquid has billions sitting inside its ecosystem, and I've been looking into HyperEVM DeFi lately, especially lending, LSTs and CDPs.
– $8.9B in bridged assets
– $6.68B in stablecoins, ~99% USDC
– $2.65B in DeFi TVL, barely up 0.9% over 30d
These numbers overlap, so it's not $18B of separate liquidity. But there's a massive capital base here, and only part of it is being put to work across DeFi.
Makes me wonder if the next leg of HyperEVM growth comes less from attracting fresh money and more from making existing capital work harder.
Been breaking it down into a few areas.
1/ Lending
– @hyperlendx leads with $346.5M TVL
– @Morpho Blue follows at $139.5M
– @HypurrFi is still tiny at $5.65M
Nearly half a billion between the two biggest lending markets, but HyperLend is pulling only ~$2.5k/day in reported revenue.
That's a pretty thin business for that much capital sitting there, and makes me question how much of those deposits are actually supporting borrow demand.
TVL can look fat while utilization and real interest are struggling to catch up.
Especially when native $HYPE staking already pays ~2.2%, so why take extra protocol risk unless the yield or farming upside makes sense?
2/ LSTs
– 118.1M $HYPE is staked, ~46.5% of supply, earning ~2.23% APY.
– @Kinetiq_xyz has grown to ~$1B TVL, putting it way ahead of other LST players.
Kinetiq is sitting on a massive lead, and the edge is what users can actually do with the LST afterward.
You can hold kHYPE, keep earning staking rewards, then use it as collateral to borrow stables or deploy it into other DeFi strategies.
That's a pretty powerful position for kinetiq:native if kHYPE keeps becoming the collateral everyone wants to integrate.
But there's a tradeoff too. If one LST becomes the backbone of too many lending positions, a problem there could spill across the whole ecosystem.
3/ CDPs
@felixprotocol has $54.3M TVL with only ~$215/day in reported revenue.
Pretty small next to the LST and lending markets, but I think the mechanics have big potential.
Borrowing against $HYPE without selling it makes sense for holders who want liquidity while keeping their bags.
The catch is that $6.68B in ecosystem stablecoins doesn't mean $6.68B in native DeFi credit.
Most of that supply is USDC, while CDPs are still relatively small.
So the opportunity depends on whether protocols like Felix can build actual demand for borrowed dollars, rather than just another loop where ppl borrow stables to farm more points.
I wouldn't assume Hyperliquid is bleeding capital just because DeFi TVL isn't making new highs.
A lot of the capital is spread across HyperCore collateral, native staking, LSTs, lending and CDPs, with assets getting wrapped and reused along the way.
But without complete flow data, it's hard to separate genuine new deposits from internal rotation or capital leaving.
Hyperliquid is generating ~$1.35M/day in app revenue, while most of its lending and CDP protocols are still making peanuts relative to their TVL.
The trading business is proven. The DeFi credit economy still has a lot to prove.
Dracule Mihawk retweeted
GLP is going on-chain.
Through our partnership with @axcess_finance , we will bring GLP on-chain, build dedicated institutional credit infrastructure, and introduce institutional credit as a new yield category in Grvt Earn.
We’re partnering with @grvt_io 🤝
Axcess is tokenizing Grvt’s GLP strategy and bringing it on-chain, building dedicated vaults for Grvt, and bringing institutional credit to Grvt Earn.
Full release 👇
Dracule Mihawk retweeted
gm! day 22 starts now. new week. new month.
some of what's coming you've seen hints of. some of it we haven't said a word about.
we're building raeto to be a foundational piece of agentic finance on Robinhood.
super excited to share with you all what we've been working on. more details soon