coin it!

People are clearly hungry for new coins/experiments, even if they know it's all a ponzi. YET THERE ARE QUITE LITERALLY NO COINS! Look at HyperEVM - $300M+ in TVL (excl HLP, etc.) - 0 new native tokens. Top 10 protocols are just different flavours of points farming.

Remember Rabby points?

Go to love when the defence for some entity doing something bad in crypto is "they didn't know, they were misled". As if the option of people raising 9figs and managing billion dollar protocols while being "misled" by scams everyone knew about isn't equally as bad?

There is some beautiful irony in Fartcoin being the third non-native spot asset on Hyperliquid after BTC and ETH. FWIW I think it's great, but if it's not a perfect encapsulation of the current state of the space, I don't know what is.

Gmove

Refreshing to see almost everyone on CT put their differences aside and collectively dunk on Movement. Maybe there is hope and a chance to fight against extractive tokenomics, grifting founders and morally bankrupt KOLs. gmove

Hyperliquid stables that don't depeg. Who's building this?

To bury the hatchet, I think Fluid should just launch an autorebalancing LP for ETH-sUSD and once and for all decide who can lose their users more money.

"We remain committed to the shared mission of making Ethereum the venue for decentralized derivatives" = we tried to sell out our holders for a shitcoin printed out of thin air, but got caught, so we'll run it back next year, once everyone forgets.