Crypto Goodreads

Aptos looks hungry. Up almost 200% since the August bottom.

Low latency, fast throughput, cheap gas costs, safe transactions, and sub-second finality are just a few of Aptos' remarkable features.

Advanced BFT consensus, parallel execution, Blockchain-STM, and the Move programming language are some of the cutting-edge technologies that combine to provide these characteristics.


- 27.7 million all-time active addresses
- 1.7 billion total transactions
- 326 million transactions processed in a single day
- 250 active projects leveraging Aptos

Aptos looks primed for $20 when $BTC stabilizes and lets altcoins run freely.

This is actually insane.

WTF is wrong with this space.

https://x.com/TikTokInvestors/status/1859090725688012924

Don’t forget that your job is to extract money from markets.

The market now is showing several signs of a mania phase, but the problem is the market has evolved. We’re no longer pumping random coins, and historic coins like in previous cycles. The supply of coins from Pump.Fun is high, and the way in which the market is interacting & engaging in them (including a lot of retail by the way) is very similar to mania.

So two things to take from this: 1) Evolve, the market isn’t the same as it use to. It requires you to be in the trenches buying hippo coins & dog coins & cat coins & memes. You can make a lot from a little if you learn the game 2) Extract money, regularly be taking profits. The market has basically gone up only for 2 years in a row. The market might continue to go uponly (it might not), but make sure to be taking profits where appropriate.

The goal of this market is to solidify yourself, your life, your friends, your family. You can’t do that if you don’t eventually TP parts of your portfolio & buy real world assets or yield bearing assets. This is important, don’t forget it.

Top signal? Wdyt lads 😁

You might be interested in this if you own stablecoins:

With its incentives program, INFINIT, the original DeFi Abstraction Layer, is boosting on-chain yields.

You may simultaneously farm three distinct airdrops by using INIT Capital, a well-known money market on Mantle powered by INFINIT:

-INFINIT airdrop
-INIT Capital airdrop
-Ethena airdrop

To participate in INFINIT's points program, register on its rewards website (link below).

-Purchase USDe on Ethena or Bybit.
-Use Stargate to bridge it to Mantle L2.
-Navigate to INIT Capital and choose "Hooks."
-Utilize the "Neutral USDe Looping Hook" to deposit USDe and borrow against it.

You will then begin to earn 1x INFINIT points for every USD loaned and 2x INFINIT points for every USDT borrowed each day.

Assuming that INFINIT’s token will have a $250M-$500M FDV at launch and 5% of its supply is dedicated to the airdrop, the value of every INFINIT point might be somewhere between $0.00066 and $0.00133.

This means that stablecoins from the INFINIT airdrop alone have an APR of between 50–100%!
Additionally, you would be eligible for two more airdrops from Ethena and INIT.

Link: https://rewards.infinit.tech/

WAGMI 🫶

BINANCE TO LAUNCH NEW STABLECOIN WITH 19.55% APY: BLOG

🔗 velo.xyz

🤡

Cobie is bullish.

Let's run it.

Must read:

https://x.com/0xENAS/status/1858386367321182652?t=nJ-wcYsPOTrOnNxVWcTgDQ&s=19

Loooool

good luck retail lmao

ETHEREUM RESEARCHER, JUSTIN DRAKE TO UNVEIL HIS AMBITIOUS ETHEREUM CONSENSUS LAYER REDESIGN PROPOSAL TOMORROW AT 5PM ON THE DEVCON MAIN STAGE: 𝕏

EVENT: LINK

Bet more

Can't believe I dodged all these bullets.

Focus.

No nut November, anon.

Read this https://fxtwitter.com/JasonYanowitz/status/1855713935397212496

Our exit liquidity has arrived.

Lmao easy mode confirmed.

Seems like many got offended by this.

That means you have work to do.

Link to tweet: https://x.com/Route2FI/status/1855599895144534147

Higher

Agree with this take

https://x.com/hmalviya9/status/1855180675927953680?t=prBDxpr2npxb6z3dMXRySg&s=19

Read this until you understand

https://x.com/tradebutwhy/status/1852698030538973463

Manifesting

Thiccy ain't wrong here.

Great podcast episode with Galois Capital as a guest, I recommend it.

He’s a sharp trader, I would love to see him appear on more podcasts.

https://www.youtube.com/watch?v=1pFhS1Mkvk0

https://x.com/tim_4444/status/1852329017715704038?s=46&t=2q9OLMlaobNlHLewOXT4uA

Keep yourself grounded, buy things that improve your quality of life.

Flexing to impress others is ngmi

EigenLayer can't go lower, right?

Serious question though. I am more than tempted to giga long this, but scared. If ETH has a future, then Eigen should run hard AF (if/when the market turnsaround).

A new TG channel that seems promising from the CT trader @Mattertrades on Twitter. Reminds me of AntEater when he was a small account.

https://t.co/BTuMK3Gl5V

Thoughts?

Sad story about a startup founder

Link to tweet: https://x.com/Davidjpark96/status/1851716756529910109?t=18pkxvxjq7q7FXGj6Pu03Q&s=19

Crypto Twitter October 31st 2024

Fantastic thread on why 90% of crypto traders lose:

https://x.com/criptopaul/status/1849032499856392409

The blueprint for making it this cycle:

https://fxtwitter.com/intuitio_/status/1851024188766560610

https://www.daos.fun/

Allows creators to raise money for a investment DAO/ fund (fair launch + everyone has the same price) to trade memes

Bringing back ICO vibes, plus memes and AI aspect added to it

good question tbh

lmao

Enough said.

In traditional Web2 businesses, significant returns are typically linked to a company's long-term success.

Founders and early investors are incentivized to build sustainable businesses because their ability to profit is closely tied to the company's performance over time.

In contrast, Web3 often allows some market participants to secure large returns relatively quickly, without requiring the project to achieve PMF or demonstrate real utility, as access to liquidity is much easier.

TGEs can occur at any time and do not require the project to meet specific milestones, unlike IPOs in TradFi.

The weak success-exit link in Web3 causes a significant incentive misalignment.

Many market participants optimize for short-term returns that do not require a product to be successful in the long term.

https://sergiogallardo9.substack.com/p/cryptos-incentive-misalignment-problem

Think about this the next time you're considering buying a new coin.

Asymmetry Finance is launching $ASF - limited Fixed price sale live today: https://x.com/asymmetryfin

Some strong arguments for why it might be a good buy:

- Backed by one of the largest institutional players in the world
- Currently providing one of the best liquid wrapper for CVX
- Already generating $2M revenue/year, all distributed to users
- Soon launching $USDaf, a decentralized & scalable Ethena competitor offering 15-30% APY
-Expected to drive massive revenue to the platform and, implicitly, to $ASF token holders
- $ASF available today at 30m FDV in a Fixed Price Sale on Fjord

To secure an allocation, head to the official sales page: https://app.fjordfoundry.com/pools/0x338bc73B46aCB955ca7994FEcF8c5e0330Ee68d9

Disclaimer: This partnership is made in collaboration with Tailored Web 3

https://x.com/game_for_one/status/1848988148149215347

So let’s say you know that you will die when you are 80.

If you’re 25, you have 55 years left. If you’re 40, you have 40 years left, etc.

Now, let’s apply house money to time.

Let’s say someone gave you an extra year right now.

You could freeze time, pause your life and just use this year exactly how you wanted.

So it would be 80 + 1 year.

Since you got extra this year (would you spend it differently?).

I know that if I weren’t retired myself already, I’d definitely use this year to travel, pursue other interests, starting a biz because you enjoyed it ++, basically everything I couldn’t do/or have time for while working a 9-5. Just exploring without any pressure to necessarily earn money.

Perhaps your goals are different from mine, but I find it difficult to imagine that if you were granted one more year, you would utilize it to amass riches or prestige.

The wisest use of time in this situation would be to engage in the types of things that many of us wouldn't allow ourselves to commit to during "regular" time.

This brings me further to the question: if you know exactly what you’d like to do and this is what is making you happy, then why aren’t you doing these things right now? What are you so afraid of? Is anything really stopping you, or is it just in your head?

Read more in my newsletter here:

https://route2fi.substack.com/p/house-money

Every VC in Scroll's latest round is down 30% from their initial investment
https://vxtwitter.com/redhairshanks86/status/1848653068554166339

Amen

lmao.

are you the chad that bets big or the Wall St. 9-5 employee who tracks Sharpe ratio?

From a group chat. Kind of agree with this tbh:

"Seriously there's many many great traders on CT but nobody who actually gives alpha with life before trading and life before making high figures. Its cool that they now post 7-8-9 fig pnls, but I couldnt give a shit. I want to know how they got from point a to point B. How they started, how much, what environment, what their first hints of success was, but nobody shares this anymore. Which is sad. Only highstakescap shared it in podcasts which was inspiring asf knowing he only had 500$ to live, and lived in Thailand because thats all he could afford"

I wrote a tweet about Pendle and Contango the other day here: https://x.com/Route2FI/status/1843665911875547198 where I highlighted that both Pendle-based and Ethena-based strategies can give additional returns by using some of the looping strategies at Contango.

Their token $TANGO is a beta to numerous narratives, similar to how Pendle is both a beta to EigenLayer and Ethena.

The token $TANGO is on a presale at Fjord right now, and 50% of the tokens are already sold after 30 minutes: https://app.fjordfoundry.com/pools/0x1A8B3dAAda7C7fBf35446626c76CabE23bc7A2C8

Could be worth checking out. NFA. DYOR.

I am an investor in the project :)

What is your edge?

Good take

From Twitter

Thoughts on the market by smileycapital
https://x.com/smileycapital/status/1846907600220090741

The story behind $GOAT
https://x.com/AISafetyMemes/status/1846220545542529329

VC Coins vs Memecoins
https://x.com/hmalviya9/status/1845018305888911697

Trusting Trust in the Age of AI
https://x.com/omeragoldberg/status/1846909251886764369

What Makes the Best Web3 Gaming Guide?
https://x.com/impalementd/status/1842942276475277422

Phantom Tokenomics, Inside the Obscure Daedalus Labyrinth
https://x.com/0xLouisT/status/1847233306414170168

Drift’s Path to Dominance: Exploring Its Market Potential
https://x.com/0x_jaethorn/status/1845806114711216190

Crypto Founder Culture Fit
https://x.com/ManoppoMarco/status/1846914298695897499

$ETH: A Saturday Tragedy
https://x.com/splitcapital/status/1845174023073955904

L2s Are the New Old L1s—And Why ETH's Price Is Stuck.
https://x.com/defiignas/status/1846595669131247886

Decentralized Derivatives 101: Models, Challenges, and Opportunities
https://x.com/chaos_labs/status/1844809725130756373

The Hidden Cost of Borrowing: Why High Rates on Lending Protocols Are Eating Into Your Returns
https://x.com/defidotmoney/status/1846547951226958185

RIP-7789: Cross Rollup Contingent Transactions
https://x.com/0xshake/status/1847353061053747610

A non-exhaustive list of the amazing Crypto work happening in India
https://x.com/thede_plandude/status/1845743807259664738

Breaking down how each sector of AI works
https://x.com/cryptotrissy/status/1843221654669017432

YouTuber MrBeast Accused of Making Millions from Low-Cap Token Pump-And-Dump Schemes
https://x.com/somaxbt/status/1844718089478324309

Mini-Thread/Curation - Saturday, October 19th, 2024 by rektdiomedes
https://x.com/rektdiomedes/status/1847645807874380156

A long-winded and winding update on Fredi9999 -- the person or entity -- who is singlehandedly rocketing up the price of Trump on prediction markets around the world
https://x.com/Domahhhh/status/1846597997507092901

We Analyzed The Top Crypto Venture Capital Wallets (Here's What We Found)
https://x.com/thedefiedge/status/1845787411323965478

The DeFi Renaissance: Make DeFi Great Again
https://x.com/Arthur_0x/status/1845844922085335457

A list of every app you can use today that is powered by Bittensor subnets
https://x.com/563defi/status/1843655518616690725

First interview with PunksOTC in years
https://x.com/randomcdog/status/1836741477420171325

$230K Morpho Labs PAXG/USDC Market Oracle Exploit Breakdown
https://x.com/omeragoldberg/status/1845515843787960661

On mgnr blowout
https://x.com/xmgnr/status/1845331228016136652

Definitive guide to studying ML without wasting time
https://x.com/yoobinray/status/1844460463670886902

Really good long form post

https://x.com/0xLouisT/status/1847233306414170168

⚠️ EIGENLAYER TWITTER HACKED ⚠️

Do not interact with their latest post

Believe in something

This is quite interesting: https://x.com/MortgageFiApp/status/1842898394987090096

Cool DeFi concept. You can basically borrow up to 50x your deposit and pay for it in very small installments, so to speak. The main advantage is that you can secure the price of ETH or BTC today with very little capital. Say you want to buy 10 ETH today, but you don’t have enough capital. Put down eg. 10% ($260 x 10 = $2,600), and get 10 ETH today worth $26,000. You can’t withdraw it before you pay it off, but if you know that you get more money in some months or a year, it can be a good solution.

Another interesting part is the lender side. With this model, liquidity providers can earn 10-50%+ APR on stablecoins. No impermanent loss and you also don't get diluted if more people join the pool.

You also earn points if you provide liquidity during the first 3 months. There are double rewards during the first week (starts October 15). With or without the points, the APR on stables sounds quite attractive, especially in a bull run.

Disclaimer: I am investor in MortgageFi.

Some hopium here 😇

BTC has *NEVER* made a new monthly low after Oct 12 since 2013

Today is Oct 12 btw

Tweet link: https://x.com/0xjaypeg/status/1844952747008725204?s=

0xENAS: Ethena - The Trillion Dollar Crypto Opportunity

> Scaling its yield-bearing stablecoin to $3bn in a matter of months, no other stablecoin has grown as quickly as USDe since inception.

> Having withstood the test of extreme market volatility with no issues, it now looks to go after the largest market in crypto - Tether's $160b lunch👇

Source: https://x.com/0xenas/status/1844756962854212024?s=52&t=txFAbiSPTdLLDlAYj9X_AA