1/6 Whatever happened to the bank walk? Or money slowly leaving low-yielding bank deposit accounts for higher-yielding T-Bills and money market accounts? As the blue line below shows, it never stopped (new low). Money continues to pour into money market funds (orange).

1. Adjusting for inflation, home prices are up 118% since 1965, while median household income has increased by just 15%. (2/9)

It's depressing to see so many talented people from top schools with amazing resumes go work years at FAANG, and the most they can point to having shipped are a few buttons in one minor workflow. I mean I know FAANG can afford it, but you can't. Work at a startup!

POST ZIRP REPORT: It took three YOLO summers, but consumers finally did it… they spent all the money (and then some)! … seeing many more job applicants for open positions, from domestic to corporate and interestingly unsolicited. Companies are still quietly cutting positions

I would be curious to know the distribution of long-tail assets vs. blue-chip trading pairs captured through private mempools. If blue-chips are overrepresented in private mempools, could it be that long-tail assets are subject to better price discovery in more public venues?

As we are starting to see, points systems are double-edged swords. 🗡️ A project can move fast, iterate, and experiment with incentive models. Community building can start without blocking on a token launch. But they also introduce ambiguity and heighten expectations. The key

1/ gm We’re thrilled to announce our partnership with Hourglass, the marketplace unlocking liquidity for time-bound assets. Hourglass will help power additional trading venues for Concrete products and assets. ⏳x 🧱

Congrats to the Hourglass team. This is a huge development for the staking space. Incentivizing long term support for protocols is a huge unlock and opens up a super exciting design space for builders.

my mom always asks me what i do for work i tell her mom you don't get it the path of the righteous man is beset on all sides by the inequities of the selfish and the tyranny of evil men. Blessed is he who, in the name of charity and good will, shepherds the weak...

excited to see how consumer credit originated on-chain will start blurring the line between RWAs and DeFi native products. curious what the market for borrowing usdc against eETH and Liquid tokens will look like ether.fi

S3

Suffering from 6x 🙏 #majorbagalert

Don't under-load consensus. People always ask what we're building — is it an L1? An L2? An AVS or app-chain? The lines between these things have gotten pretty blurry. An L1 is a distributed state-machine that maintains a ledger with consensus. Typically slow because nodes

🪃 @bimabtc  x Hourglass 🪃 We're thrilled to announce our partnership with Hourglass to unlock new Bitcoin-backed stablecoin opportunities through innovative integrations. Together, we’re building the future of structured products and yield strategies. Here’s what’s

There's been a lot of discussion on Hyperliquid's margin design. I’ll address some flaws in the common arguments and explain Hyperliquid's first-principles based approach to improving the system. To my knowledge, this is the first such design in margining systems. Perhaps other