Weekly Alpha Recap #182 | 25 May – 31 May
Stablecoins, prediction markets and AI-agent rails keep getting built out by big players, while the long tail of new launches is mostly perps wrappers and agent demos.
TL;DR
Last Week News
Macro & Institutions
Strategy bought bonds, not Bitcoin this week — the BitVac took a breather.
Spot Bitcoin ETFs bled roughly $1.26B as ether funds also saw outflows.
NYT investigation alleges the CFTC purged staff who questioned Trump-tied crypto firms.
SEC clears Nasdaq’s outcome-style index options, adding more TradFi prediction-market plumbing.
Rep. Begich introduces bill to codify Bitcoin’s strategic importance in the U.S.
Mastercard secures New York BitLicense to support stablecoin and digital payments.
Banca Sella becomes the first Italian bank cleared to offer crypto services.
CFTC seeks to void Gemini’s $5M settlement, saying the case should not have been filed.
Stablecoins & Hyperliquid
Hyperliquid has routed more than $1.16B in fee revenue into HYPE buybacks via its Assistance Fund.
Tether and Georgia plan GEL₮, a lari-backed stablecoin with government support.
StablR’s EURR and USDR depeg after a $13.5M multisig minting exploit.
Cash App enables USDC transfers across Solana, Ethereum, Polygon and Arbitrum.
Nium and Circle connect USDC settlement with global payouts.
Grayscale is reportedly negotiating a ~$115M HYPE seed investment for a Hyperliquid ETF.
Wallets & UX
SquidRouterModule exploit drains about $3.2M from Safe wallets on Ethereum and Base.
Polymarket rotates a six-year-old compromised private key and says user funds were not affected.
Fireblocks launches Agentic Payments Suite for AI-agent stablecoin payments across chains.
Prediction Markets
Indonesia blocks Polymarket amid a crackdown on online betting.
White House reviews CFTC prediction-market rulemaking as federal control debate heats up.
Google engineer charged over alleged insider trading on Polymarket.
Kalshi sues Minnesota to block enforcement of state prediction-market ban.
OKX’s X Layer launches Exchange OS for spot, perpetual and outcome markets.
Hyperliquid launches validator-governed prediction and outcome markets.
Token Launches & Claims
Solstice TGE goes live on Solana with airdrop claim details.
MegaETH ends Terminal points early, with final USDM rewards and one last bonus drop.
Protocol & DeFi Updates
Vitalik says the Ethereum Foundation will become smaller and refocus on core priorities.
Stake DAO exploited after attacker mints vsdCRV and swaps into ETH.
Aztec Labs acquires ZKPassport and keeps the protocol and iOS app open-source.
1inch Limit Order Protocol Q1 metrics show daily active addresses up roughly 45.9%.
Tokenized Pokémon card marketplaces hit record $7.4M volume.
Infra, Dev & Culture
TrapDoor malware campaign targets Aptos, Sui and Solana developer environments.
AI is accelerating the quantum threat to crypto, security experts warn.
Crypto rails are becoming the default payment layer for AI agents.
Prometheum seeks Wall Street distribution for tokenized securities.
FTX’s former law firm and auditor agree to pay $66M to settle customer claims.
Samsung affiliates acquire a $408M stake in Upbit parent Dunamu.
Drama & Shenanigans
Satoshi-era whale moves more than $200M in BTC to FalconX and Cumberland.
Ondo Finance founder and CEO Nathan Allman dies unexpectedly.
South Korea arrests suspects behind Solana memecoin CatFi in first rugpull case under new law.
Projects Highlights
OxTrenchor
Twitter: https://x.com/oxtrenchor
Moni Discover: https://discover.getmoni.io/oxtrenchor
Moni Score: 404
Moni's Review/Opinion:
Trenchor is a permissionless token launch tool that lets new tokens delegate fees to any X handle and deploy on Virtuals.
The team has launched their website, posted step-by-step instructions for delegating token fees to developers, and is publicly promoting support for builders.
They’ve teased a larger announcement next week and said they’re working to secure free compute for developer launches. Website is live and promotes permissionless token launches with fees delegated to any X handle.
Pinned post explains how to launch a token that delegates fees to a chosen developer; teased a major update next week.
PopDEX
Twitter: https://x.com/popdex_
Moni Discover: https://discover.getmoni.io/popdex_
Moni Score: 140
Moni's Review/Opinion:
A trader-first perpetual (Perp) DEX focused on capital efficiency and returning platform value to real contributors. It announced completion of a $30M funding round led by Foresight Ventures to provide initial liquidity and improve trading depth.
Recently the team has been recruiting early traders on Discord (OG role claim before May 27) and assembling a "PopLab" for traders to test and find new edges. Closed a $30M funding round led by Foresight Ventures to fund initial liquidity and deepen markets.
Running Discord onboarding for early traders (OG role claim before 12 PM UTC, May 27) and forming PopLab.
Surplus Intelligence [launched]
Twitter: https://x.com/asksurplus
Moni Discover: https://discover.getmoni.io/asksurplus
Moni Score: 235
Moni's Review/Opinion:
Surplus Intelligence is a model marketplace for buying surplus AI compute credits at a discount, positioned as an AI/DePIN compute marketplace.
There are no recent tweets; the website hosts product docs and a live marketplace page, and the project's token has been launched and is listed on a DEX.
Operates a model marketplace to buy surplus AI credits at a discount; docs available on the site. Token is launched and has a DEX listing; Twitter activity is currently absent.
POV
Twitter: https://x.com/povmarket
Moni Discover: https://discover.getmoni.io/povmarket
Moni Score: 99
Moni's Review/Opinion:
A platform for trading opinions and market-backed viewpoints (an opinion/prediction-market style project).
Recently it posted a single teaser tweet — "The internet's opinions will never be the same..." — and has not published token, launch, or product-availability details. Posted a teaser slogan tweet: "The internet's opinions will never be the same..."
No token launched and no public launch mechanics or docs shared in recent posts
Kintara [launched]
Twitter: https://x.com/playkintara
Moni Discover: https://discover.getmoni.io/playkintara
Moni Score: 100
Moni's Review/Opinion:
Kintara is an isometric play-to-earn MMO on Solana where players earn, buy, and sell in-game assets using $KINS.
Recently it’s live with active servers (100+ concurrent players reported), Day‑1 economy stats published, real marketplace sales (mansions and mounts), daily cosmetic drops, in-game events like a Shovel Event, and a level‑20 locked cave/dungeon opening soon.
Day‑1 recap published: resource gathers, 41 mounts found, $216 in marketplace sales, 2.85M $KINS burned. Ongoing activity: mansion and mount sales, daily cosmetics, events, and a level‑20 cave dungeon incoming.
The Singularity Layer [launched]
Twitter: https://x.com/x402_layer
Moni Discover: https://discover.getmoni.io/x402_layer
Moni Score: 64
Moni's Review/Opinion:
The Singularity Layer is a commerce layer for AI agents that enables agents to create, sell, and run digital businesses, with its token on Solana.
Recently the team pushed an infrastructure update to Singularity Compute, released Agent Skill v1.13.0 with improved payment tracking, webhooks and payment flow tooling, and updated their website with the official Solana token contract while reclaiming their DexScreener profile.
They also issued a limited coupon for Singularity PRO and reported surge metrics and additional compute provider integrations. Agent Skill v1.13.0 live: easier payment tracking, order matching, webhooks, custom payment data, and cleaner automation setup.
𝕩Hermes
Twitter: https://x.com/xhermesbot
Moni Discover: https://discover.getmoni.io/xhermesbot
Moni Score: 86
Moni's Review/Opinion:
xHermes provisions dedicated Hermes autonomous agents—one isolated container per user with persistent memory, tooling access, and optional SuperGrok keys.
It is live and provisioning agents to X Premium accounts and wallets holding the project's token, offering starter credits. Recent work is focused on infrastructure upgrades, provisioning bug fixes, global region expansion, backups/exports, a soon-to-ship CLI and public GitHub, and filings with CoinGecko and CoinMarketCap. Live provisioning of isolated Hermes agents for X Premium accounts or wallets holding the token.
Rolling out CLI and public GitHub while pushing infrastructure upgrades, region expansion, backups, and exchange listing...
PredictumX
Twitter: https://x.com/predictumx
Moni Discover: https://discover.getmoni.io/predictumx
Moni Score: 61
Moni's Review/Opinion:
PredictumX is a parlay primitive for Solana prediction markets that combines 2–20 predictions into a single on‑chain bet with multiplied odds.
Recently the team has been promoting the product thesis—arguing parlays boost revenue vs straight bets—pitching to the Solana community, and sharing team updates about shipping commits from Buenos Aires as they move closer to mainnet. Promoted parlay thesis and revenue claims versus straight bets.
Shared team updates: CTO shipping commits in Buenos Aires and a pitch to the Solana family.
PokeFUN | Fan Account [launched]
Twitter: https://x.com/pfpokefun
Moni Discover: https://discover.getmoni.io/pfpokefun
Moni Score: 60
Moni's Review/Opinion:
PokéFun is a Solana-based GameFi memecoin ecosystem that mints 8-bit micro-tokens representing Pokémon and uses PFN on pump.fun.
Recently it has been rolling out new collectible Pokémon (Ekans, Fearow, Kadabra), updating its dex links, running regular SOL reward distributions and buyback-and-burns, and announcing a Pokédex login with a points-and-rewards system and daily boost mechanics.
Launched new characters, updated dex links, and promoted a fan account.
Distributed SOL rewards daily/weekly, performed token buyback & burn, and announced Pokédex points system with weekly rewards.
DEX ScreenerPOKE / SOL on DEX ScreenerPrice $0.000355 · 18.15% 24h · Liquidity $52,470.46 · Market cap 337.93Khttps://dexscreener.com/solana/jadhb4hlquhuwwksptrjthnlp4bq1tk2ii5e7xjyirgt
perpad
Twitter: https://x.com/perpadfun
Moni Discover: https://discover.getmoni.io/perpadfun
Moni Score: 54
Moni's Review/Opinion:
perpad is a Solana product that lets teams launch coins backed by leveraged perp treasuries which auto buy and burn on up-ticks. It recently activated fee routing so creator fees can fund perp positions and support token buyback/burn, migrated to a new perps router, and has been testing, fixing PNL/balance display issues and opening additional markets.
Fee routing live: creator fees now fund perp positions that collateralize tokens and trigger buyback/burns. Migrated to a new perps router, performing testing and fixes (PNL/display) while adding more markets.
zBase
Twitter: https://x.com/zbase__
Moni Discover: https://discover.getmoni.io/zbase__
Moni Score: 96
Moni's Review/Opinion:
zBase is a zero-knowledge privacy facilitator for x402/agent payments on Base and Solana, forked from Privacy Pools to enable private agent-to-agent payments. Recently it has been driving a waitlist and marketing its value by citing $291M exposed on x402, repeatedly promoting "Privacy for Agents" and engaging with community accounts on X. Promoting a waitlist link and citing $291M exposed on x402 to justify private rails. Engaging with community mentions and reiterating "Privacy for Agents. Coming soon."
$HermesWorld [launched]
Twitter: https://x.com/hermesworldai
Moni Discover: https://discover.getmoni.io/hermesworldai
Moni Score: 53
Moni's Review/Opinion:
HermesWorld is a Solana-based, persistent browser-playable MMO designed for human players and AI agents, featuring zones, quests, companions, and craftable gear. Recently the account has been promoting the project and token on Solana by posting the token/address, sharing the website and links, and running short promotional tweets and market-brag posts. Shared Solana token/address and linked the project website in recent tweets. Pushed short promotional posts including a market-themed boast and project link.
DEX ScreenerHermesWorld / SOL on DEX ScreenerPrice $0.000156 · -40.21% 24h · Liquidity $36,609.60 · Market cap 155.96Khttps://dexscreener.com/solana/bgxr3rhzmq215fneunctzrfar6nyec3kpngfuc9lmg7h
PowerGacha [launched]
Twitter:
Moni Discover:
Moni Score: 69
Moni's Review/Opinion:
PowerGacha is an on-chain Solana raffle that lets $GACHA holders win graded TCG slabs or instantly sell wins for USDC via built-in liquidity.
Recently the team has been running frequent automated draws (every ~30 minutes), opening Collector_Crypt packs on-chain, reporting payout and pull stats, fixing bugs, and shipping a visual update plus mobile access and improved pull-history search/filters to stabilize the reveal and automation flow.
On-chain raffle mechanic: win % = your $GACHA balance ÷ eligible supply; packs opened and pulls verifiable on-chain. Deployed UI visual update, mobile access, search/filters for pulls; patched opener bugs and reported on payouts and draw stability.
DEX ScreenerGACHA / SOL on DEX ScreenerPrice $0.003245 · 22.46% 24h · Liquidity $155,956.63 · Market cap 3.25Mhttps://dexscreener.com/solana/4ko9fzxwljqpzpbvhfbk91fvehwj8ztxqx7umzj9c6wy
Herald Agent [launched]
Twitter:
Moni Discover:
Moni Score: 89
Moni's Review/Opinion:
Herald Agent is a project offering free AI agents built on the open-source NousResearch framework and tied to the $HERALD token. Recently it has been rolling out and giving away agents at scale — tweeting 147 then 356 deployed — and reported heavy demand that drained a token pool, prompting a refill after an "infinite token glitch." Built on NousResearch, providing free AI agents and associated $HERALD token. Announced 147 then 356 agents deployed and refilled a token pool after high-demand glitch.
DEX ScreenerHERALD / WETH on DEX ScreenerPrice $0.000003 · -19.90% 24h · Liquidity $163,355.33 · Market cap 309.21Khttps://dexscreener.com/base/0x1523484a34ca14408edd8e18f160038b07089a4ca2229f31cd88d132e3335917
Prism [launched]
Twitter:
Moni Discover:
Moni Score: 62
Moni's Review/Opinion:
Prism is a token that encodes a Uniswap V4 liquidity position: holding PRISM automatically earns LP fees. Recently it published an article and pushed buying PRISM on Uniswap V4, stressing a buy-and-hold UX with no staking, LP wrappers, router approvals, or concentrated-liquidity steps. Published an article describing PRISM as a tokenized Uniswap V4 LP position. Promoted a buy-on-UniswapV4 UX: buy and hold to earn fees, no staking or wrapper required.
DEX ScreenerPRISM / ETH on DEX ScreenerPrice $1,037.33 · 22.10% 24h · Liquidity $607,711.81 · Market cap 5.18Mhttps://dexscreener.com/ethereum/0x3ee986c9cdb5d2defe5d526a9c34ae445df901d7aaefdebc803afbe1558234f5
Probably sheet
kaimo | x402 | BASE | 56 | Not launched | ||
Pürr.hl | GameFi | Hyperliquid | 45 | Launched | ||
Echoes within Mūori | NFT | Ethereum | 43 | Not launched | ||
icm.fun | DeFi | - | 38 | Not launched | ||
muster | AI Agents | - | 34 | Not launched | ||
Privana | DeFi | - | 28 | Not launched | ||
Paraloom | DeFi | Solana | 24 | Not launched | ||
Goblinopolis | AI | Solana | 22 | Launched | ||
Hunch | - | Arc | 21 | Launched | ||
Speridlabs | AI | - | 20 | Not launched | ||
Mentioned | DeFi | Solana | 19 | Not launched | ||
Avill | DeFi | BASE | 16 | Not launched | ||
Pearlscriptions | NFT | - | 14 | Launched | ||
CrowdBrain | AI | Solana | 13 | Not launched | ||
Ourcly | NFT | BASE | 42 | Not launched | ||
Hyperdrome | DeFi | Hyperliquid | 35 | Not launched | ||
Cheese Game | NFT | Solana | 39 | Not launched | ||
Bankcoin | DeFi | Solana | 39 | Launched | ||
SuperFund™ | DeFi | Solana | 28 | Not launched | ||
Dogeus Maximus | Meme | Ethereum | 65 | Launched | ||
Coworker.ai | AI | - | 39 | Not launched | ||
World Cup Coins | Meme | Solana | 31 | Launched | ||
/Ratio | DeFi | Kaia | 25 | Not launched | ||
Clustly | AI | Solana | 20 | Not launched | ||
Chorus | AI | Solana | 13 | Launched |
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