Weekly Alpha Recap #180 | 11 May – 17 May

Last Week News

Macro & Institutions

• MicroStrategy/Strategy buys another 535 BTC, pushing holdings to ~818,869 BTC.

• CoinShares says crypto funds saw ~$858M weekly inflows as CLARITY Act optimism returns.

• U.S. Senate Banking Committee advances crypto market structure bill in 15–9 vote.

• Banking groups escalate push to curb stablecoin yield ahead of Senate vote.

• Bank of England reportedly plans to soften stablecoin rules after industry pressure.

• CME sets June 8 launch for Nasdaq-backed crypto index futures covering seven assets.

• Ripple secures $200M financing facility to expand institutional crypto brokerage.

• Canton Network’s Digital Asset targets $2B valuation in a16z-led raise.

• Saudi Arabia is exploring tokenization across its multi-trillion-dollar economy.

Stablecoins & Hyperliquid

• Coinbase becomes Hyperliquid’s USDC treasury deployer as USDH sunset begins.

• Coinbase bought and staked 500K HYPE, worth roughly $20M.

• Hyperliquid leads weekly blockchain fee revenue as vertical chains keep eating.

• 21Shares’ Hyperliquid ETF sees its best daily inflows as Coinbase deploys treasury.

• HashKey Exchange lists Hyperliquid’s HYPE token.

• Ondo tokenized stocks bridge to Hyperliquid’s HyperEVM via LayerZero.

• Galaxy-backed Boundary plans to launch institutional stablecoin USBD.

• Corpay taps BVNK to add stablecoin wallets for corporate payments.

• Tether, Tron and TRM say their crime unit has frozen $450M in illicit crypto funds.

Wallets & UX

• Ethereum Foundation backs a Clear Signing standard to make malicious approvals harder to sneak through.

• Coinbase adds Solana-backed loans via Morpho, with borrowing up to $100,000.

• Exodus sells ~1,000 BTC to fund its payments push.

• Ledger pauses U.S. IPO plans, citing market conditions.

• Consensys delays potential IPO until the fall.

Prediction Markets

• Arkham announces plans to launch prediction markets.

• CFTC is talking with major pro sports leagues about policing prediction markets.

• Prediction market ETFs are delayed again as the SEC keeps reviewing.

• Polymarket trading volume falls 9% in April, snapping its hot streak.

Token Launches & Claims

• Circle raises $222M in Arc token presale at a $3B valuation.

• SolsticeFi releases its airdrop allocation checker.

• Citrea announces airdrop registration.

• PeptAI TGE launches on Base via Onyx.

• $POLY airdrop claim page is reportedly in development.

• ZachXBT alleges insider control of LAB token in new investigation.

Protocol & DeFi Updates

• Solana’s biggest consensus overhaul goes live for testing.

• Ronin plans to migrate from gaming sidechain to Ethereum OP Stack L2.

• Aave advances its incident recovery plan.

• DTCC taps Chainlink for tokenized collateral platform ahead of Q4 launch.

• Kraken migrates wrapped Bitcoin bridging from LayerZero to Chainlink CCIP.

• Lombard joins the LayerZero exodus, moving ~$4B in assets to Chainlink’s bridge.

• Solv Protocol migrates tokenized Bitcoin infrastructure from LayerZero to Chainlink CCIP.

• BlackRock and Janus Henderson tokenized funds get instant redemptions via $1B facility.

• THORChain halts trading after suspected multi-chain exploit.

• Fluid investigation says $8M from an uncollateralized credit line covered Resolve depeg losses.

Infra, Dev & Culture

• Elliptic raises $120M Series D led by Deutsche Bank and Nasdaq.

• Privacy-focused crypto infra gets hot as Arc, Canton and Tempo top $1B in funding buzz.

• Franklin Templeton and Kraken parent Payward team up on tokenized Wall Street products.

• CoinList launches Passage for tokenized asset distribution.

• DeFiLlama launches LlamaAI workspace.

• OpenSea CMO says tokenized Pokémon cards, Rolexes and tickets could drive the next NFT wave.

• Virtuals Protocol ships its EconomyOS update.

• Dune cuts 25% of staff, citing AI efficiencies.

• Kraken cuts 150 staff after AI deployment as IPO timing may slip to 2027.

Drama & Shenanigans

• Bitcoin dips below $79,000 as inflation worries hit risk assets.

• Bitcoin ETFs see $630M in outflows as corporate treasury demand cools.

• Bitmine ETH holdings exceed 5.2M after fresh purchases.

• Gemini receives $100M strategic investment from Winklevoss Capital.

• Strategy moves to retire $1.5B in convertible debt and could sell Bitcoin to fund it.

• Bhutan moves $8.1M in Bitcoin as sell-off continues.

• Anthropic warns against unauthorized stock exposure as token markets imply trillion-dollar valuation.

• World Liberty Financial token sales reportedly generate ~$1.55B in proceeds for Trump family-linked project.

• Binance CMO Rachel Conlan is leaving the exchange.

• Upbit will delist NKN, with withdrawals open until July 16.

Projects Highlights

LOOP [launched]

• Twitter: https://x.com/lo0pio

• Moni Discover: https://discover.getmoni.io/lo0pio

• Moni Score: 261

Moni's Review/Opinion:

LOOP is a DeFi project building Uniswap v4 Hooks that aim to convert idle liquidity into an active on-chain economy. Recent public activity is limited: there are no recent tweets and the project’s web presence points to a Telegram link, suggesting current communication and rollout are happening primarily off-chain via the Telegram channel. Building Uniswap v4 Hooks to activate idle liquidity. No recent tweets; primary public link directs users to a Telegram channel.

flood

• Twitter: https://x.com/flood_markets

• Moni Discover: https://discover.getmoni.io/flood_markets

• Moni Score: 164

Moni's Review/Opinion:

Flood is a constant-product token protocol whose on-chain reserves earn yield (notably via Aave). Recently the account has been declaring the project is live and immutable on Ethereum, emphasizing that swap fees flow to reserves and yield ticks raise the floor, and that there are no team keys or treasury. Pinned message: live on Ethereum, immutable from block 25064115. States swap fees → reserve and yield from Aave → floor; no team, no admin keys.

Universe 404

• Twitter: https://x.com/uni404src

• Moni Discover: https://discover.getmoni.io/uni404src

• Moni Score: 91

Moni's Review/Opinion:

Universe 404 is an NFT-focused project / IP collective linked to @oftheyear_nft with collaborations noted in its bio. Recently the account has not posted tweets; its only public links point to a Discord invite, so current activity appears focused on community onboarding via Discord rather than token or marketplace launches. Project is an NFT/IP collective with listed collaborators and a Discord invite as primary link. No recent tweets; current public activity is limited to directing users to the Discord for access.

Hash [launched]

• Twitter: https://x.com/hash256dotorg

• Moni Discover: https://discover.getmoni.io/hash256dotorg

• Moni Score: 71

Moni's Review/Opinion:

Hash is a browser-mined, post-quantum token project building on Ethereum mainnet. Recently the team completed maintenance on their main domain and announced the site is fully operational again. Project is a browser-mined post-quantum token on Ethereum. Pinned update: site maintenance finished and the domain is back online.

HASH $1.32M - Hash / ETH on Ethereum / Uniswap - DEX Screener

nemesis

• Twitter: https://x.com/nemesiscorp999

• Moni Discover: https://discover.getmoni.io/nemesiscorp999

• Moni Score: 55

Moni's Review/Opinion:

This account represents an NFT artist/project focused on evocative art and branding. Recently it has only shared its bio/pinned art-line and a single external link to a Paragraph page; there are no recent tweets or launch mechanics posted and no token or marketplace activity announced. Artist/NFT project centered on thematic art and branding. Only recent public content is a pinned poetic line and one Paragraph URL; no launch or contract updates.

alt.fun [launched]

• Twitter: https://x.com/altdotfun

• Moni Discover: https://discover.getmoni.io/altdotfun

• Moni Score: 300

Moni's Review/Opinion:

This project is a launch platform that issues coins backed by Hyperliquid perpetuals on Arbitrum. Recently the account has mainly presented the product concept — announcing alt.fun as a launchpad for coins collateralized by Hyperliquid perps — but has no recent tweet activity or launched tokens to show execution yet. Platform launches coins backed by Hyperliquid perpetuals on Arbitrum. Public messaging so far is an announcement of the concept; no token launches or further rollout tweets posted.

Animal Welfare Fund - $AWF [launched]

• Twitter: https://x.com/awf_ethereum

• Moni Discover: https://discover.getmoni.io/awf_ethereum

• Moni Score: 100

Moni's Review/Opinion:

This is Animal Welfare Fund ($AWF), a charity-themed token project on Ethereum that positions itself as a donation-focused coin for animal causes. The account currently has no recent tweets and the token is not launched; the website is listed as the primary source for tracking donations and project info. Charity-themed token project on Ethereum with a website for tracking donations. No recent tweet activity and token status shows not launched.

DEX ScreenerAWF $1.04M - Animal Welfare Fund / WETH on Ethereum / Uniswap - DEX Screener$0.002482 Animal Welfare Fund (AWF) realtime price charts, trading history and info - AWF / WETH on Ethereum / Uniswaphttps://dexscreener.com/ethereum/0x08368cfb1b69f5821ec0e8340bee726568f8d662

Siggy

• Twitter: https://x.com/siggyworld

• Moni Discover: https://discover.getmoni.io/siggyworld

• Moni Score: 61

Moni's Review/Opinion:

Siggy is a community-driven NFT mascot project for RitualNet that combines NFTs with AI-powered, changing identities. Recently the account has promoted Siggys as dynamic, AI-driven NFTs and directed users to the project website/shrine for more information. Promotes AI-powered, changing NFT identities tied to RitualNet. Directs followers to the project website ('enter the shrine') for details.

Uniperp [launched]

• Twitter: https://x.com/uniperpv4

• Moni Discover: https://discover.getmoni.io/uniperpv4

• Moni Score: 46

Moni's Review/Opinion:

Uniperp is a DeFi project building a leverage AMM that uses Uniswap v4 Hooks for derivatives and on-chain trading. Recently the account has few public tweets, but its pinned message and website point to work on a leverage AMM leveraging Uniswap v4; there are no announced token launches or DEX listings yet. Building a leverage AMM using Uniswap v4 Hooks for derivatives/trading.

DEX ScreenerPERP / ETH on DEX ScreenerPrice $0.2419 · 17.49% 24h · Liquidity $43,932.71 · Market cap 241.98Khttps://dexscreener.com/ethereum/0xc7db8e8fff0a98eaa27c12e764674bf7f505f04d6f347d0519fa91da5c775525

perps

• Twitter: https://x.com/perps

• Moni Discover: https://discover.getmoni.io/perps

• Moni Score: 923

Moni's Review/Opinion:

Early-stage Solana perps-focused account building attention before product. Mostly CT engagement around Jupiter, Phoenix, Flash Trade, and onchain perps liquidity. No app, docs, wallets, or contracts yet — just narrative and distribution.

Fast follower growth and decent smart-follower density suggest insider reach or ecosystem backing. Worth monitoring, but currently more social layer than protocol.

Virtuals Developers

• Twitter:

• Moni Discover:

• Moni Score: 89

Moni's Review/Opinion:

This account represents the Virtuals Protocol developer channel, the infrastructure project building a stack for autonomous AI agents across identity, banking, commerce, capital formation, physical labor, and governance. Recently the account launched as the official developer presence and is publishing core resources — it links to the project's whitepaper and frames the protocol across five infrastructure layers for builders.

Official developer account announcing Virtuals Protocol and key resources. Shared link to the project's whitepaper and outlined five protocol layers.

Forecast Protocol

• Twitter:

• Moni Discover:

• Moni Score: 78

Moni's Review/Opinion:

Forecast Protocol is a prediction markets project focused on enabling market-based forecasts. There are no recent tweets, and the public account currently has no posted activity; available information comes from the project website describing prediction-market functionality and gated analytics features for paid users and Wizards NFT holders.

BasedAI

• Twitter:

• Moni Discover:

• Moni Score: 325

Moni's Review/Opinion:

BasedAI is an open-source AI commercialization and acceleration layer focused on enterprise-ready models, agents, and workflows. It has just come out of stealth, publicly announcing its mission and team, reposting that Hirebase (its AI hiring product) launched a closed beta, and sharing links to an announcement and demo site. Announced emergence from stealth and shared team/backer details.

blink

• Twitter:

• Moni Discover:

• Moni Score: 182

Moni's Review/Opinion:

Blink is an on-chain exchange project building exchange-grade execution with full Solana settlement and verifiable fairness. It came out of stealth mid-May, opened early-access sign-ups, and has been promoting its sub-millisecond execution, DoubleZero multicast integration, and ambitions for tradfi-grade market infrastructure on Solana.

Announced launch from stealth and opened early-access sign-ups on May 13. Promoted sub-millisecond execution, onchain settlement, and DoubleZero multicast support.

EBISU

• Twitter:

• Moni Discover:

• Moni Score: 108

Moni's Review/Opinion:

EBISU is a hand-drawn NFT PFP collection of 5,031 pieces by artist rudcef, inspired by Ebisu, Tokyo and apartment 305. The account indicates a launch is imminent (“opens next week”) and describes ongoing work refining PFP traits during generation, suggesting final artwork and trait fixes are being prepared for release. Hand-drawn 5,031-piece PFP collection by rudcef, inspired by Ebisu, Tokyo. Announced the drop opens next week and shared notes about refining generation traits.

Usdp [launched]

• Twitter:

• Moni Discover:

• Moni Score: 60

Moni's Review/Opinion:

A privacy infrastructure project for Base combining DZK proofs, a privacy swap and an x402 native solution. The account has posted no recent tweets; available public links point to a Telegram channel and the project appears focused on positioning its privacy tooling rather than announcing launches or token sales.

Project describes DZK proofs + privacy swap + x402 native for Base privacy infrastructure. No recent tweets; public link directs to a Telegram channel and no token or DEX is listed.

DEX ScreenerUSDP / WETH on DEX ScreenerPrice $0.000001 · 0.53% 24h · Liquidity $110,274.56 · Market cap 149.54Khttps://dexscreener.com/base/0x38a1afb277d550485111311281a28cdfd04142d4b9df8e63e6f13c90b51af8fa

Probably sheet

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