Circle builds the stablecoin. Traders are now betting on the company onchain. xyz:CRCL on @tradexyz did $423M in the week of Oct 12–18. That's its biggest week ever, beating the old $332M record. The week before it was $172M.

$568M traded on @entropyIO in a single week. An all-time high. The week before: $317M. The old record: $416M. SanDisk reports Oct 29, and onchain traders are already positioned.

Robinhood Chain is fomo's biggest cross-chain lane, and it isn't close. Stablecoins leaving each chain on fomo's Relay routes, last 4 weeks: Robinhood Chain: $465M BNB: $117M Base: $51M Ethereum: $40M Arc: $20M That's the lane @fomo just took in-house with its own bridge, a day after @Pumpfun dropped @RelayProtocol and called fomo out.

$110.9M of $ETH longs liquidated on @HyperliquidX in a single day: Oct 8. A typical day since Aug 20: $1.38M. Now the big names are selling ETH before the market makes them.

Uniswap fees by chain, last 4 weeks (Sep 14 – Oct 11): 1. Robinhood Chain: $56.3M 2. Ethereum: $26.2M 3. Base: $12.4M 4. BNB Chain: $6.8M 5. Polygon: $1.1M @RobinhoodApp Chain has out-earned Ethereum mainnet on @Uniswap every single week since late July. 11 for 11. But the lead is shrinking fast: 12.9x at the late-August peak, 1.5x by mid-October. Aggregator Hooks just went live on both. The flip-back watch starts now.

Semis are cracking, and Hyperliquid traders are piling into the 3x semis ETF anyway. On Oct 15, xyz:SOXL did $200.0M in a single day, the biggest day in our data. Oct 12–18: $640.1M, 2.7x the week before. Even the weekend did $75.9M vs $7.3M the weekend before. One wallet just got liquidated on it twice in 4 hours and went long again. Conviction or tilt?